Currencies Archive

Dollar Love

February 16, 2010  ·  Category: Currencies, Macro Economics, Market Commentary, Sentiment Analysis
Two prominent articles on the dollar rally/euro crash.  One in Barron's this weekend: "Will The Euro's Pain Be U.S. Stocks Gain?", Kopin Tan, Barron's, February 13.  And then on the front page of today's WSJ: "Dollar Up As ...
Posted by Greg Feirman  ·  No Comments »

Fed Talks Exit Strategy

December 17, 2009  ·  Category: Currencies, Federal Reserve, Market Commentary
In light of ongoing improvements in the functioning of financial markets, the Committee and the Board of Governors anticipate that most of the Federal Reserve’s special liquidity facilities will expire on February 1, 2010. - Fed ...
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Top Gun FP Client Note: The Risk Trade

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right ...
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All About The Benjamins

December 8, 2009  ·  Category: Currencies, Federal Reserve, Market Commentary, Sentiment Analysis
[caption id="attachment_3011" align="aligncenter" width="300" caption="$ Index"][/caption] The last three days trading is all about the benjamins - the dollar, that is.  The better than expected Friday November Jobs Report has triggered a powerful rally in the ...
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WSJ: Central Banks Intervene To Prop Up Dollar

November 12, 2009  ·  Category: Currencies, Geopolitics, Macro Economics, Market Commentary
Fascinating front page article in today's Wall Street Journal on central banks around the world intervening to try and prop up the dollar and prevent their currencies from appreciating so much against it: "World Tries ...
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WSJ: The Dollar Is Driving Financial Markets

November 2, 2009  ·  Category: Currencies, Federal Reserve, Market Commentary
We've got this very unstable situation in which Fed policy is dictating the behavior of so many assets.  The dollar is at the nexus of this. - Dean Curnutt, President, Macro Risk Advisors, quoted in "Dollar ...
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Top Gun FP Client Note: The Lesson Of Cash For Clunkers

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right ...
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Independent: Middle East In Talks With China, Russia To End Dollar Dealing For Oil

October 6, 2009  ·  Category: Commodities, Currencies, Foreign Exchange, Market Commentary
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket ...
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Dollar Weakness Driving Commodities, Stock Market Rally

September 9, 2009  ·  Category: Currencies, Gold, Market Commentary
The core problem for the dollar remains that risk appetite is good, U.S. interest rates are extremely low and the Fed has done a good job telling us they will stay low a long time.  ...
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Buffett: US Dollar Could Be In Trouble

August 19, 2009  ·  Category: Currencies, Gold, Inflation, Market Commentary, Warren Buffett
When Warren Buffett speaks, people listen.  For the first time in ten months (see "Buffett NY Times Op-Ed: Buy Now", Top Gun FP, October 17, 2009), Buffett voiced his views in a very public forum ...
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