Currency
Currency Articles
The Treasury Department backed away from labeling China a currency manipulator again as it posted its “Semi-annual Report to Congress on International Economic and Exchange Rate Policies.” It was...
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It seems that all of the nations around the world are facing sovereign credit ratings downgrades or warnings of downgrades. After the United States lost its prized “AAA” rating, the threat of...
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Asking a technician or chartist about directional movement is often mind-numbing for fundamental investors. Basing future price movement prediction solely on the past without a care about the...
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Gold continues to take it on the chin. It all depends upon what you want to blame. Dennis Gartman, the 50-day moving average test, or the rising U.S. Dollar against the greenback. If you are a...
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Gold took it on the chin today because the Euro Zone bailout is not looking quite as robust nor as inflationary as many market participants have been hoping for. Living with disappointment is just...
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The entire world now knows about the European Union warnings from S&P on Monday. This morning came word that the ‘AAA’ long-term credit rating on the European Financial Stability Fund is...
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We have been covering the risks of the AAA rating risks far ahead of the curve on these formal credit ratings downgrades by the major credit ratings agencies. After the United States lost its prized...
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Central banks are contributing to world gold demand. The latest data from the World Gold Council indicate even more changes among the nations holding the most in gold reserves. Those are also some...
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We often look for a read on gold and silver and we have a potentially interesting development underway. We track these via iShares Silver Trust (NYSE: SLV) and SPDR Gold Shares (NYSE: GLD), and...
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Everyone loves the holidays and spending time off with the family (well, almost everyone), but no seems to like it when the cost of the holidays is much higher than just a year before. While...
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National Bank of Greece SA (NYSE: NBG) is surging on news that banker Lucas Papademos has been named as the new Greek Prime Minister. The 64-year old will replace outgoing Prime Minister George...
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Does the euro live or die? That is the question of a 24/7 Wall St. poll that we are asking our readers to participate in. This is a million dollar question (or maybe 5 trillion euro question). The...
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To say that MF Global Holdings Ltd. (NYSE: MF) is in trouble might be the understatement of the year. The commodities and derivatives broker has reportedly been caught on the wrong side of trades...
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The economy remains in a climate with a very weak recovery. There is still some good news though. All of the recent calls for a “double dip recession” grew too loud and are now being...
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The US Senate has passed legislation that could make it easier for the Treasury Department to hit China with sanctions as a currency manipulator. China’s response, so far, has been to tell the US...
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