Foreign Exchange Archive
Helicopter Money Causes Gold Explosion, Dollar Crash
September 20, 2007 · Category: Foreign Exchange, Gold
The gold market "is telling us that the Federal Reserve has no inflation fighting credibility."
- Ralph Preston, Account Executive, Heritage West Financial
"Foreign investors would be foolish to buy US investments knowing that the value of the ...
Posted by Greg Feirman · No Comments »
Looks Like Another Good Week; Dow Continues to Lead - Mostly; Carry Trade Back In Full Force
It's looking like another good week for the stock market. Here's how the action looks through 4 days:
Dow: +151, to 13,477
S&P: +7, to 1513
Nasdaq: -23, to 2539
Russell 2000: -14, to 816
Again, we are seeing the ...
Posted by Greg Feirman · No Comments »
Bank of Japan Holds Target Interest Rate Steady
April 27, 2007 · Category: Japan, Foreign Exchange
At 2:07pm in Japan, 10:07pm out here in California, the Bank of Japan (BOJ) held its interest rate target steady at .5%. This is good news for stocks as it doesn't put any pressure on ...
Posted by Greg Feirman · No Comments »
Graham Summers Says The Carry Trade Doesn’t Matter - I Think He’s Wrong
March 26, 2007 · Category: Foreign Exchange
S&P 500 (black line) and $/Yen (orange line), December 27 2006 - March 26 2007
Posted by Greg Feirman · No Comments »
