EUARTE

Friday FX View: Debate Continues to Rage Over U.S. Recovery Rally for Dollar

It is not possible to support a stronger dollar by endless printing of more dollars. Eco 101.


On Aug 15 03:45 AM Dave Wrixon wrote:

> The US Government does not want a weaker dollar. They are doing everything
> in their power to manipulate the markets to keep the dollar strong.
>
>
> Why? Well, simply because a collapsing currency will force higher
> interest rates, and they cannot afford to finance higher interest
> rates on US Government debt. The US economy is based on Everything
> for Northing Market Manipulation, that will continue as long as Obama
> draws breath.

Wednesday FX View: A Tad of Risk Aversion Boosts Dollar

The unemployment figures are lower for three reasons.
One is that employers have done massive house cleaning and the remainder, for the moment, are deemed necessary.
Two, the manner in which the federal government reports unemployed is politically flawed in favor of underreporting.
Three is that less happens during the summer. Wait to see a rise in September.

Friday FX View: All Around Dollar Selling

There is the major fly in the ointment. Every time one currency gets cheaper and gives it an export advantage another country(S) fullow suit. I don't know the solution!