Currency
Currency Articles
CIA World FactbookThe trend of ratings agencies and sovereign debt ratings has been one of downgrade after downgrade. So when you see a sovereign rating upgraded right now amidst the global...
Published:
Last Updated:
The Greek elections are finally here and the outcome is currently up in the air as Greek law prohibits poll results from being published in the country. We have been monitoring this for most of the...
Published:
Last Updated:
Here is a fresh take on the Eurozone and the Euro for you. With all of the talk about the PIIGS and the Euro, the angle always seems to be rather Greece, Spain, Portugal and Italy can ultimately...
Published:
Last Updated:
Gold and silver are finally acting in the manner they should be again. For months and months, gold (and silver as a more speculative gold trade) investors and speculators were having an identity...
Published:
Last Updated:
China, India, Brazil… all part of the BRIC nations along with Russia. The growth of those three nations has been slowing and the concern is growing that these nations and much of Latin America...
Published:
Last Updated:
Jon OggA sharply rising Japanese yen raises the possibility that the Bank of Japan will intervene in currency markets to push down the nation’s currency. The USD-JPY exchange rate plunged to 77.84...
Published:
You might think that record low bond yields in the U.S. and in Europe’s safer nations would have a floor of zero percent. Afterall, you cannot have a negative bond yield. Or can you? Reports...
Published:
Last Updated:
If the euro had only advanced against some currency today, we could use the rock-paper-scissors analogy to describe what happened in the currency markets. Alas, the single currency took its lumps...
Published:
So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together. Rumors have been out that nations have been instructed to make contingency...
Published:
Last Updated:
The European Central Bank is said to be freezing assets or considering freezing assets or halting monetary policy operations to some banks in Greece as the Greeks consider an exit of the Euro and as...
Published:
Last Updated:
The Europeans need to make a decision soon. It is time to deal with Greece, then the markets can decide how they will deal with the Greek banking system. The baby-sitting and reality TV watching...
Published:
Last Updated:
Gold remains under pressure on Tuesday, albeit at a far lower rate of pressure with a drop of only $0.37 to $1,554.19. Gold was at $1,580 just yesterday morning overseas and it was challenging...
Published:
Last Updated:
The yield on 10-year Spanish bonds rose above 6% this morning in reaction to the turmoil in Greece and fears that it would spread to Spain. The differential between Spanish bonds and German bunds...
Published:
What happens when you have an appreciating dollar? Commodity prices tend to fall, all other things being equal. But what about when you have a scenario where risk-on investors are not buying...
Published:
Last Updated:
One way that Iran has found to combat the tightening international sanctions on its crude oil sales is to accept payment in something other than US dollars. The Iranians have been selling oil to...
Published: