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Tag Archives: dollar

Fed Extends Twist and Dollar Rally in Process

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 »

Greece is Saved, Unfortunately Spain Still Exists

Greece is Saved, Unfortunately Spain Still Exists

Well, actually Greece isn’t saved any more than European politician would be at a Pentecostal revival, but you get my point.  The markets acted last night like everything was okay. … Read more »

Yen Rallies Hard on BoJ Holding Firm

Yen Rallies Hard on BoJ Holding Firm

The Bank of Japan on Friday made it clear that while they stand ready to support their banks in the case of a Greek exit from the Euro following this… Read more »

Global Shares, Euro Rise

Global Shares, Euro Rise

Global shares, commodities as well as euro soared following euro zone finance ministers approval to lend $125 billion to Spain relieving markets which were afraid of a financial collapse. The… Read more »

Gold Rises After Bernanke Hit Fizzles

Gold Rises After Bernanke Hit Fizzles

So, apparently it now takes more than 500 tons of paper gold to hit gold (AMEX:GLD) and knock it back away from the central bankers Maginot Line of $1650 per… Read more »

Bernanke Speaks, Gold Falls Off Cliff

Bernanke Speaks, Gold Falls Off Cliff

You know, I can write one of these articles every couple of months, because, like clockwork, when the Chairman of the Federal Reserve’s Open Market Committee testifies before congress or… Read more »

Yuan to Trade Openly vs. Loonie and Aussie

Yuan to Trade Openly vs. Loonie and Aussie

In another move designed to open up its currency the China Foreign Exchange Trade System (CFETS) confirmed a Reuters report on Thursday that they would be introducing the Yuan to… Read more »

Global Stock Markets Reach Another High

Global Stock Markets Reach Another High

On Monday, global stocks reached another high for a record seven weeks in a row. This was in large part due to the optimistic outlook of many European leaders in… Read more »