Barclays Bank iPath EUR/USD Exchange Rate ETN (ERO)

All Comments on ERO

  • commenter
    Neal
    Vanderstelt
    Aug 16 12:24 PM
    Market Predictions: 'Crazy' About the Dollar [view article]
    Crap let him speak. He thinks the Jews are responsible for the economic crisis and wars and this definitely is at least partially fact.
    This is not a reason to like the Jews.
    Bush is a puppet to Israel and not only Israel but to Saudi and king Abdullah the oil tycoon. these sick bastards have been manipulating the markets and creating wars out of any crisis they can find so they can push their own agenda like oil and war profits that do not benefit the average American. By the way Bush has the lowest approval rating even lower than Nixon. Bush would just love to impress his Israeli buddies (who he serves not us Americans) and find a backdoor way into getting into a war with Iran such as though provoking Russia. Bush is an ass hole he is ruining all global diplomacy. Who cares about Israel, it doesn't concern the US and there should not be troops deployed in the Middle East which is another Vietnam. WWIII is possible because of zionist war mongers promoting wars. Cheney is another sick lowlife bastard Israeli puppet that is profiting from making wars.

    The USD itself has to choose between having exports though a devalued dollar or to letting the economy rebound. With the economy slowing it may allow commodities to retreat. However the economy itself is basically ruined long term because of government spending (Bush's drunken sailor spending / war mongering for his zionist jew buddies) and massive deficits that are over 50 trillion for American tax payers. Nobody hates America more than the Bush administration and the American government so think twice about who you say is anti-American because apparently you are so dumbed down by refined foods and what's shown thought the propaganda machine you don't have any concept of it.     Reply
  • commenter
    paultaut
    Aug 16 12:16 PM
    Market Predictions: 'Crazy' About the Dollar [view article]
    The dollar went up dramatically because its War Premium has returned. Absent this there wasn't anything to justify its rise.

    The drop in commodities is reminicent of the 1987 crash when one sold everything. The difference this time around is that it is our Financial Instutions selling assets to raise much needed capital. A new shoe to resole called Auction Rate Securities. They are selling liquid assets.

    By the middle of September, with the Dow above 12,000 another shoe or two will kick in: 1. Without much fanfare the Minimum Wage, part 1 went into effect(core inflation anyone) and 2. Currency translation on the International sales front.

    In the next month or so, Europe will have a new inflation scare and the US economy will start to suffer on the exporting side. While Mark may be a little Rabid, he is probably right on the toll our markets will suffer from the Dollars rise in the short term. Why?

    Because fundamentals don't change on a given months data but the favorable international trade data is definitely evaporating because of the Dollars strenght. Where are the Earnings going to come from now to support the PE ratios of the S&P?     Reply
  • commenter
    CLH
    Aug 16 11:44 AM
    Market Predictions: 'Crazy' About the Dollar [view article]
    Basenese---You are right but maybe we should keep it quiet --I love making money from equities and dollar going up and commodities going down.

    Mark is a racist from Europe although we have them too where they come from the left.     Reply
  • commenter
    Coelacanth
    Aug 16 10:44 AM
    Market Predictions: 'Crazy' About the Dollar [view article]
    MarkMedayski,

    So the truth is revealed.....you're a Jew hater and your opinions read like some hack partisan blogger.     Reply
  • commenter
    User 143167
    Aug 16 06:59 AM
    My Website
    Market Predictions: 'Crazy' About the Dollar [view article]
    Americans cheer about the rebounding dollar while an European is angry about the plunging Euro. - sounds like the weirdest to me.
    Everyone needs a weak currency to survive the global economic meltdown, you guys are just all the wrong side.     Reply
  • commenter
    Pretzel
    Logic
    Aug 16 06:51 AM
    Market Predictions: 'Crazy' About the Dollar [view article]
    MarkMedayski,

    I'm sorry you resent America so much.

    Instead of wishing us catastrophy, you should be praying our economy holds up so we can continue to have the only military on the planet capable of protecting Europe from a resurgent Russian bear.

    You should probably be a little nicer to us, too, since we may eventually have to save your precious little EU from becoming an annex of Russia. How much do you think the Euro would be worth THEN?

    Regards,

    The Capitalists     Reply
  • commenter
    The hand
    Aug 15 10:31 PM
    My Website
    Five Forces Driving the Euro Down [view article]
    Of the five reasons given for bullish sentiment towards the dollar, none seem to me to explain the massive movement. Oil prices should help both currencies. The economic data is not good in the usa or euro - only comparatively different. The fed interest rate uptick is pie in the sky. And sentiment is emotion.

    No, I think there is a big reason - but it was not stated in this article.     Reply
  • commenter
    tclwrap
    Aug 15 10:16 PM
    Five Forces Driving the Euro Down [view article]
    forgot to mention OIL prices do not explain the dollar rise, it is the opposite. Recall OIL is a commodity denominated in $...

    Reasons 1 & 2 are also mute.
     Reply
  • commenter
    tclwrap
    Aug 15 09:46 PM
    Five Forces Driving the Euro Down [view article]
    The first 2 reasons, OIL prices + US Data, were summarized by OIL price declines. The Fed Fund Rate reason is mute, the banks still need low rates, so it is not going to happen anytime soon. The last reason, dollar bullish, is a technical indicator and could turn overnight. With the exception of the 3d reason, eurozone data, I don't see any real drivers for the dollar. How is the contraction worse in the eurozone would be what I like to learn about. Please comment. Reply
  • commenter
    Alex_G
    Aug 15 07:34 PM
    Five Forces Driving the Euro Down [view article]
    The A-holes are A-holes. One can disagree without telling the author that she is full of crap. Anything wrong with providing a polite, well thought out rebuttal? Reply
  • commenter
    Coelacanth
    Aug 15 06:42 PM
    Market Predictions: 'Crazy' About the Dollar [view article]
    MarkMedayski,

    Interesting take. So you basically want euro to go 1.70 thereby choking off and killing euro-zone exports even more so than is happening now? Great idea.

    Interest rates to 10%? Too funny. While the ECB will be lowering rates in 09' - 10'.....ours will be rasing them.....making America's assets more attractive than the euro-zones.

    Euro-zone unions aren't doing you any favors either. Because you're so unionized compared to us "stupid Americans" many euro-zone employees have already won outsized wage increases. Betcha can't guess how euro-zone companies are going to compensate for higher unit labor costs. Can you say wage-price spiral?

    EU Industrial production, manufacturing, consumer sentiment, consumer spending, business confidence....all falling off in dramatic fashion.

    The EU is about to find out if the twelve gold stars on their flag are in deed representative of unity and perfection.     Reply
  • commenter
    MarkMedayski
    Aug 15 06:21 PM
    Market Predictions: 'Crazy' About the Dollar [view article]
    You Americans are stupid,sorry,if you trust your Federal Rrserve.
    All your debt is being recycled from Treasuries held by Foreign Central Banks into pesos,reais,rubles and gold and other hard assets.
    For your stinky $ to go up the Fed must rise rates to 10% and even then it will be too late as you are all,as a country just went bankrupt.
    Look for ECB (European Central Bank) to begin rise rates as we,Europeans,know what your economy is worth.
    EUR will rebound soon to 1.70 and USD will stay at this or lower levels before you will not open your cards as you are bunkrupt.
    Bankrupt currencies are not worth much.     Reply
  • commenter
    surgcare
    Aug 15 06:12 PM
    Five Forces Driving the Euro Down [view article]
    At least the A-holes are honest . The phony data coming from the gov and media is hiding the fact the US is in a recession worse than europe .Of course you gullible types will believe anything like the BS in this article . Reply
  • commenter
    Coelacanth
    Aug 15 05:24 PM
    Market Predictions: 'Crazy' About the Dollar [view article]
    Excellent piece Louis....and yes I agree the euro has much longer slide to go. Siesmic shifts don't occur like this all the time and investors would do well to take advantage of what's happening now.

    It was interesting this week to see euro-zone, French, Italian & German GDP growth for the 2nd qtr. were all negative. Despite Trichet's hawkish stance I suspect euro-zone slowing will become more and more pronounced in the coming weeks and months The cacophony of calls to lower rates will only get louder and louder.

    The BOE's quarterly inflation report this week was striking in how dovish it seemingly was....almost hinting rate cuts may come even before CPI, PPI and import/export input indicators show signs of slowing. The idea being that as long as it was evident that inflation had peaked or was cresting....rate cuts would happen sooner rather than later.

    My suspicion is the same may happen in euro-land and that markets haven't priced in this possibility.


    Reply
  • commenter
    Lou Thomas
    Aug 15 04:24 PM
    Forex Wrapup: Dollar Benefits As Traders Focus on Weak Economies Elsewhere [view article]
    Aceman, your comment turns everything upside down.

    First of all, as I mentioned, as recently as July 30th Grace opined that the dollar rally was likely to stall just as it really took off, so based upon what should we watch her for further news?

    Secondly, as everyone knows and agrees, if Trichet continues to increase interest rates, that favors the Euro and puts downward pressure on the USD, not the other way around as you have stated.

    Thirdly, yes, the European economy would be able to export more if the dollar is stronger, so I agree with you there, although of course a stronger dollar means that the U.S. can continue to run a deficit better, which feeds inflation in Europe, and that is an offsetting concern that may make the ECB, whose mission is to control inflation, take a hard line on interest rates.

    Finally, the more inflation China has the less inclined it will be to continue supporting the dollar, which is the most important single thing that has kept the dollar afloat at all for so long - so Chinese inflation is not good for the dollar. One could argue that the present decline of commodity prices helps to *reduce* Chinese inflation, and therefore gives them more room to support their exports to the U.S. by supporting the USD, and that would be a reasonable argument, but you seem to have said the opposite.

    And, the U.S. does not really benefit from a rising dollar, because as the world's largest debtor nation, the less its currency is worth, the lower the value of its outstanding debts to others. Inflation always favors debtors, although of course if they have to borrow more the cost of borrowing will go up.     Reply
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