Currency

Currency Articles

The pace at which the market trades stocks, bonds, currencies, and futures seems to have once again become faster than anyone could have ever imagined.  Forget a few hundred automated trades a...
The ratings agencies and outside groups are now saying that Greece is in default, like it or not.  Now let’s go ahead and throw in Irish banks as well, with a real possibility of Ireland after...
You have probably heard and read about some of the same rumors and stories about a second bailout heading the way of Greece.  The aim is to prevent a de facto default scenario where Greece would...
Today’s commodities news leads off with a new report on mergers and acquisitions in the metals sector, including a failed try at selling a copper miner. There’s also a new report on grain...
Today’s commodities news is all about the effect of a stronger dollar on commodities prices. Cotton prices, which rose almost non-stop beginning in August 2010, could be moderating and giving a...
Today’s commodities news centers on the more than -4% drop in WTI crude oil prices which has led to a broad sell-off in most other commodities.  This was a day where if it traded at a commodity...
Last week’s monumental drop in silver and the overall drop in commodities last week has some Monday morning buyers trying to find a bottom as new margin requirements kick in.  Comes Gold was up...
The big Greek rumors are already being refuted today, but it doesn’t matter.  Friday’s big rumor is that Greece will leave the Eurozone.  Our prediction: this rumor is not true now, but on a...
If you still believe that speculators cannot really drive markets up too far in any direction, take a look at the commodities market.  The continuous raising of margins in silver has taken out all...
The recent weakness in stocks could just be the start of what to expect in the weeks ahead.  It is early May and already we have seen the Dow Jones Industrial Average close down at 12,723.58 after...
The reaction to the death of terror mastermind Osama Bin Laden has had what feels like a very limited impact on key financial markets, particularly if you go back and relive the week after the...
Ben Bernanke, nor any other FOMC chairman, has ever given a regular press conference immediately after a scheduled FOMC meeting. We are taking notes, some will be paraphrased… We will not be...
Time for the Daily Dividend… Procter & Gamble Co. (NYSE: PG) might have been up more today if the overall market was cooperating.  The world’s largest consumer products company already has a...
Chinese car maker BYD Co. (OTC: BYDDF) posted strong sales in 2008 and 2009 and predicted that sales in 2010 would nearly double, to about 800,000 units. In August, the company, in which a...
Ratings agencies missed the meltdown in the housing market and the rising debt tide that swept over European capitals.  We wanted to see if they are awarding Triple-A ratings to countries which did...