Currency

Currency Articles

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...
Even if 2011 has gotten off to a rough start for gold, everyone knows that the value of gold is at historic highs.  What is interesting is that there is rarely a discussion about which countries...
Groupon has become rather well known for its web ads calling for local discounts for those who join.  A possible buyout from Google Inc. (NASDAQ: GOOG), which Groupon ultimately rejected, brought it...
Apple Inc. (NASDAQ: AAPL) is the stock market darling that almost no one wants to hate.  Finding negative analyst reports is a difficult task.  The company over-delivers on most products and...
The Organization for Economic Co-operation and Development, the OECD, which includes the US, the European Union, and several other developed countries, has reached an agreement on how airlines will...
Bank of Montreal (NYSE: BMO) is expanding in the U.S.  The fourth largest bank in Canada is acquiring Marshall & Ilsley Corp. (NYSE: MI) for $4.1 billion in stock.  The terms call for a swap of...
You most likely saw the carnage that came to MasterCard Incorporated (NYSE: MA) and Visa, Inc. (NYSE: V) today.  The markets were braced for more changes coming to the interchange fees, also called...
GAIN Capital Holdings Inc. (NYSE: GCAP) is coming public this morning via an initial public offering.  The company priced 9 million shares of common stock at $9.00 per share. The company is an FX...
The United States has a monthly release regarding its international trade.  The ‘trade balance’ is actually now always a ‘trade deficit.’  Sometimes a large number is good and that is...
Allied Irish Banks plc (NYSE: AIB) and The Bank of Ireland (NYSE: IRE) are soaring on ahead of an expected approval vote for the Irish budget full of austerity measures and full of spending cuts. The...
It is not every day that you see foreign nations register bond offerings with the SEC for sale in the United States.  This morning we saw two S-B filings come literally about 58 seconds of each...
A new IPO is out and it makes a living off of the world of FOREX, which also happens to be the largest financial market in the world.  FXCM Inc. (NASDAQ: FXCM) priced 15.1 million shares of common...
Goldman Sachs periodically updates its outlook on sectors and the economy with a one to two-year horizon.  Yesterday’s upgrade of economic output in 2011 is accompanied by some interesting aspects...
It has been impossible to ignore the sideways trading pattern in gold of late. Despite a 1.5% move up on Tuesday, gold bugs, traders, and investors in the SPDR Gold Shares (NYSE: GLD), iShares Gold...