Tag Archives: dollar
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
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
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, 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
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
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
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
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
