Currency

Currency Articles

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...
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...
At a conference in Singapore, the CEO of the London Metals Exchange (LME), the world hub for metals trading, said that LME is working on a 2-year project to create its own clearing house and that the...
There is no point in arguing about it.  Gold and silver are just the wrong trades in the current state of the markets.  Hope may be near for support, but there are risks to having too much...
Europe is no Disneyland at the moment.  Still, some data is showing contraction while other data shows that the overall healthier economies may be escaping the worst fears of late 2011 and earlier...
Randgold Resources Limited (NASDAQ: GOLD) is paying a price for where it does business.  The political situation in the African nation Mali is in a coup.  The gold mining outfit has extensive...
Whether or not the Greek debt deal is finally (finally, finally) reached, the next big question outside if Greece will default again is what exactly the implications are for the Credit Default Swap...
Jon OggDividend investors have two new vehicles to go out and earn monthly or quarterly income from equities.  There is also an Asia/Pacific angle and emerging market angle to these. ...
If you want to know about bizarre versions counterfeit, this one takes the cake.  A report out of Switzerland note that Italian anti-Mafia prosecutors ordered a seizure in Switzerland of… get...
Jon OggAmong the requests highlighted by the White House Office of Management and Budget as the Obama Administration sent its 2013 proposal to Congress is $8 million for a new Coast Guard ice...
The Commerce Department has released its international trade data for the month of December.  Why on earth this is not just called the Trade Deficit is a mystery.  We have not had a single surplus...
Reports are out that parties in Greece have finally agreed to a debt and austerity deal that will allow it to get its bailout funding and to remain part of the Euro.  This is great news on the...
Pfizer, Inc. (NYSE: PFE) looks good on the surface on its earnings report for the fourth quarter, but the company’s guidance may be getting in the way a bit.  The drug giant turned in results of...
Ford Motor Company (NYSE: F) is getting clocked today after earnings.  Some of the news should have been anticipated that Thai floods affected its supply chain in Asia because the company already...