Currencies Archive
Goldman Calls a Bottom In The Dollar
Dollar strength will not be a straight line..... nevertheless, dollar lows are almost certainly behind us.
- "Calling A Bottom In The Dollar", Goldman Sachs
... the euro 'rubber band' is stretched as far as it's ever ...
Posted by Greg Feirman · No Comments »
$1000 Gold? 100 Yen Per $? - This Is A Dollar Crisis
Gold briefly touched $1000 an ounce this morning - an all time high (Gold 5 Year Chart).
The Yen/$ briefly dipped below 100 this morning - just below very long term support at lows from early ...
Posted by Greg Feirman · No Comments »
Kohn And Bernanke Torch The Dollar; So Much For My Euro Top Call
February 27, 2008 · Category: Federal Reserve, Currencies
"The Fed is triaging the whole economic problem that we have, and right now it seems like economic growth is a priority."
- Carl Forcheski (subscription required), VP Foreign Exchange, Societe Generale
Yesterday, Fed Vice Chairman Donald ...
Posted by Greg Feirman · No Comments »
Excellent BusinessWeek Article On Currency ETFs
February 12, 2008 · Category: Currencies
BusinessWeek put up an excellent article giving an overview of some of the most popular currency ETFs yesterday: "Smarter Ways To Make Currency Plays".
It covers the popular CurrencyShares Japanese Yen Trust (FXY), CurrencyShares Euro Trust ...
Posted by Greg Feirman · No Comments »
Looks Like A Top In The Euro
February 7, 2008 · Category: Technical Analysis, Currencies
The $/Euro seems to have formed a triple to top around $1.50 with the most recent peak occuring in just the last few days ($/Euro 6 Month Chart).
Today, the European Central Bank (ECB) decided to ...
Posted by Greg Feirman · No Comments »
Buffett Said Dollar Will Be “Worthless” Or “Worth Less”?
February 7, 2008 · Category: Currencies, Humor
Dow Jones and CNBC yesterday were reporting that in a speech in Toronto Warren Buffett said that if the current deficit didn't improve, the dollar would would be "worthless" in 5-10 years.
In a hilarious episode on ...
Posted by Greg Feirman · No Comments »
