Currency

Currency Articles

Silver and gold miners just got some great news today after having lost so much luster in recent months.  The FOMC has now telegraphed that it expects that interest rates will remain exceptionally...
Europeans are seeking safety in the same manner in which investors in the United States sought safety during times after the stock market crash.  Imagine selling a bond issuance at a negative...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...