Currency

Currency Articles

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...
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...
Paper money was supposed to be dead, the dollar was supposed to implode, and hyperinflation from all of the bailout money and deficit spending was supposed to eat us alive.  It was the perfect storm...
The “Occupy Wall Street” movement has been supported by many, yet criticized by many as well. How does one cover such a controversial issue that runs this deep and when it is this controversial?...
In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 for an...
The old saying goes, “When the U.S. sneezes, the rest of the world catches a cold.”  But what about when Europe gets the flu and when China and India drink the tap water from Latin America? ...
Prospects for the global economy are currently as dark or darker than they’ve been since the financial crisis began three years ago. Consumers and investors likely see either another recession or...
The European Union plans to initiate a plan next year that would force any major airline that flies to a European destination to participate in the European cap-and-trade system designed to limit...
If you can count on the Europeans to invent one thing, it is the invention of taxation.  The latest effort by the European Commission is one that is just baffling if you have been watching the...
Currency traders really don’t like governments to intervene in the global currency market. Such moves tilt the playing field in unexpected ways that can cause traders to unwind positions that would...
The Census Bureau is out with the 2010 figures on income, poverty, and health insurance.  About all you can hope for is that 2011 is magically better than 2010 because many of the figures are...
If we can’t get the Chinese to ease up on US solar panel makers, at least we’re getting them to eat our food. A new research note indicates that McDonald’s Corp. (NYSE: MCD) is expecting to...
It was just under ten years ago that I was in Spain and Portugal for a vacation and a day of running with the bulls in Pampalona.  Unlike most trips to Europe, there was a handy difference.  The...
If you can count on the Europeans to do one thing, it is to invent new taxation methods regardless of whether or not it makes sense.  After Merkel and Sarkozy met today, in what many investors hoped...
What on earth are investors supposed to do when T-Bonds offer almost zero income?  Interest rates are now so low that the price-risk in long-term Treasury bonds is too great.  Ben Bernanke has now...