Tag Archives: AMEX:FXE
Quiet Monday Has Yen Testing Support
Now that the Bank of Japan has settled on its new QE plan, extension of the old one to the tune of ¥10 trillion more purchases of various types of… Read more
The Fed Announces Open-Ended QE, Gold Explodes
I will be the first to admit it, but I did not think the Fed would actually announce QE on Thursday at 12:30pm EST. The markets were prepared for it… Read more
German High Court Upholds ESM, Euro Rises
In a decision that should have come as no surprise to anyone that understands what the role of the courts in a democracy truly is, the German high court upheld… Read more
US Dollar Breaks Down on Eve of Fed Meeting
Tomorrow, September 12th may be Armageddon day for the U.S. Dollar (AMEX:UUP) as there are two events that will hit the market in what might be the financial equivalent of… Read more
Gold and Silver Follow Up Friday Rally
After a monster rally in the wake of the admission by FOMC Chairman Ben Bernanke in his speech from Jackson Hole, Wyoming last Friday that there was still a place… Read more
S&P and Gold Top ETF Flows for the Week
For the period from Friday, August 17th through Thursday August 23rd both the S&P 500 ETF (AMEX:SPY) and Gold ETF (AMEX:GLD) saw the biggest flow of funds into them. SPY… Read more
Gold Ends the Week Up $56
It was a stunning week for the metal of monetary excellence. The technical breakout from horizontal resistance at$1633 per ounce was confirmed with a very bullish closing session for the… Read more
Japan’s Growth Slows, Cue Keynesian Stimulus
It’s a real shame that after 25 years the leadership in Japan will not give us their dreams of infinite mercantilism. The latest print for Japanese GDP was just 0.3%… Read more
The Search for Yield Continues as the Euro Rallies and Bonds Fall
After Herr Draghi emphatically informed the world that they should not short the Euro (AMEX:FXE) the currency promptly sold off headed towards $1.20. U.S. employment data on Friday, however, uncovered… Read more
Now it’s the Fed’s Turn
Hey everyone else got into the helicopter on Thursday except the Federal Reserve. It’s long been my contention (and the contention of Jim Rickards and a few others) that the… Read more
“Print, Baby, Print” is the Phrase of the Day
While Grease may be the word, “Print” is the means by which to ‘Grease’ the markets. Between a surprise rate cut by China (AMEX:FXI), a $78 billion expansion of the… Read more
Fed Extends Twist and Dollar Rally in Process
The FOMC decided not to alter interest rates or engage in any new changes to their monetary policy at the latest 2 day meeting, of which they spent all of… Read more
