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!

Ireland Rejects EU Treaty, and Euro Falls Hard

If I may add another comment. I find it odd that all discussions on the dollar are concentrated on it's relationship to the €. I may point out that the most powerful currency in South America is the R$. It ignors the up's and down's of the dollar and just goes up. If the R$ gets more powerful or if it gets in trouble is quite important to the world currency market. The author consistantly ignors this.

Ireland Rejects EU Treaty, and Euro Falls Hard

God Bless Mother Ireland. She has saved Europe again!

The Brussels political mafia have once again been twarted by democracy. Any time a population is "allowed" to vote it votes NO to Brussels. Brussels, the constitution and the treaty are not about modernisation or efficient government. It is about power. Once Europe passed over from a trade group to a political group it was down hill for democracy.

US Dollar: 5 Reasons It Will Not Hit a New Low

I understand that all this is important. To whom though? What the average citizen (USA) wants is stability and a strong currency. Ben is not into that. He believes in saving the big banks and making the politicians happy.
What are we getting? We are getting a weaker sick dollar, inflation and the banks are still in big trouble and politicians who have not the slightest understanding of what is going on......and obviously don't care.

Wednesday Currency Roundup

I well understand that all USD stories compare it with € and GBP. However, I wonder why the most powerful currency in world the R$ of Brasil is never never mentioned.
Please advise.
Thank you for great columns.