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Posts related to ‘Currency’

A Sovereign Credit Rating Upgrade For Turkey (TUR, TKF, TKC)

Posted: June 20, 2012 at 7:58 am

The trend of ratings agencies and sovereign debt ratings has been one of downgrade after downgrade.  So when you see a sovereign rating upgraded right now amidst the global turmoil, ...
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Latest News on the Greek Election, Fate of the Euro

Posted: June 17, 2012 at 10:53 am

The Greek elections are finally here and the outcome is currently up in the air as Greek law prohibits poll results from being published in the country. We have been ...
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Against The Grain: Germany Should Just Exit The Euro

Posted: June 14, 2012 at 10:43 am

Here is a fresh take on the Eurozone and the Euro for you.  With all of the talk about the PIIGS and the Euro, the angle always seems to be rather ...
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When Central Banks Tell You To Buy Gold & Silver Again (GLD, SLV, SLW, GDX, KGC, FXE)

Posted: June 6, 2012 at 9:57 am

Gold and silver are finally acting in the manner they should be again.  For months and months, gold (and silver as a more speculative gold trade) investors and speculators were ...
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The Fast Food Risk In BRIC & Emerging Market Nations (YUM, MCD, ARCO, SBUX, WEN)

Posted: June 5, 2012 at 10:01 am

China, India, Brazil... all part of the BRIC nations along with Russia.  The growth of those three nations has been slowing and the concern is growing that these nations and much ...
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Japan Considers Yen Intervention

Posted: June 1, 2012 at 1:01 pm

A sharply rising Japanese yen raises the possibility that the Bank of Japan will intervene in currency markets to push down the nation’s currency. The USD-JPY exchange rate plunged to ...
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German Bond Yields Turn Negative… Under Zero-Percent Returns?

Posted: June 1, 2012 at 6:55 am

You might think that record low bond yields in the U.S. and in Europe's safer nations would have a floor of zero percent.  Afterall, you cannot have a negative bond ...
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Euro Loses to US Dollar Loses to Yen

Posted: May 23, 2012 at 2:11 pm

If the euro had only advanced against some currency today, we could use the rock-paper-scissors analogy to describe what happened in the currency markets. Alas, the single currency took its ...
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Bracing For The Euro Without Greece… Other PIIGS Too (EWG, EWQ, FXE, EWI, IRE, IRL, NBG, GREK, EWP, STD, BBVA, VGK, FEZ)

Posted: May 23, 2012 at 12:20 pm

So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together.  Rumors have been out that nations have ...
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ECB ‘Actions’ & Threat Of Run On The Banks (NBG, GREK, CCH, IRE, STD, BBVA)

Posted: May 16, 2012 at 11:43 am

The European Central Bank is said to be freezing assets or considering freezing assets or halting monetary policy operations to some banks in Greece as the Greeks consider an exit ...
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Can Greek Banks Survive A Euro Exit? Which PIIGS Are Next?

Posted: May 15, 2012 at 4:01 pm

The Europeans need to make a decision soon.  It is time to deal with Greece, then the markets can decide how they will deal with the Greek banking system.  The ...
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Gold & Silver Woes Remain As Relevance is Under Attack

Posted: May 15, 2012 at 11:43 am

Gold remains under pressure on Tuesday, albeit at a far lower rate of pressure with a drop of only $0.37 to $1,554.19.  Gold was at $1,580 just yesterday morning overseas ...
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Spanish Bond Yields Rise Again

Posted: May 9, 2012 at 7:29 am

The yield on 10-year Spanish bonds rose above 6% this morning in reaction to the turmoil in Greece and fears that it would spread to Spain. The differential between Spanish ...
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When Gold, Silver, and Copper All Tank… Are They All Devil’s Metals? (GLD, RGLD, SLV, HL, JJC, SCCO, FCX)

Posted: May 8, 2012 at 10:12 am

What happens when you have an appreciating dollar?  Commodity prices tend to fall, all other things being equal.  But what about when you have a scenario where risk-on investors are ...
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Iran Trades Oil for Yuan, Rupees, and Junk

Posted: May 8, 2012 at 7:44 am

One way that Iran has found to combat the tightening international sanctions on its crude oil sales is to accept payment in something other than US dollars. The Iranians have ...
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