EUARTE

EU Vote Could Shake Up Markets

One can only hope the Irish vote down this discusting treaty.

Dollar Takes Huge Hit

They are completely clueless.

Is the Buck Really Back?

My interest is what may happen to the Brasilian Real R$ vs the US$?? This powerful currency is rarely mentioned.

Forex Wrapup: Dollar Benefits As Traders Focus on Weak Economies Elsewhere

Good report. Your one of the few I bother to read re: US$. But, again, the Brasilain R$ is never mentioned. Any particular reason? Just USA/Japan/EU orientation?
Thanks!!

Near-Term Dollar Rally Possible As Fed's Plosser Voices Rate Hike Urgency

As usual the Brasilian Real R$ is a better bell weather. It went up against the dollar again (again and again and again). They know the dollar is no asset and is heading to Banana Republic land.

Bernanke's Bleak Outlook Could Send Dollar to New Lows

My gad! The man is given credit for being honest. This means that in the past he was evasive at best. That is not what we pay him for. We allowed the witch doctor to do this for around 20 years and now we have this horrid result. Well, let's continue the praise for it will encourage him to continue in this (I think).

Where was support for the dollar? Even in tough times a government can and should have a strong reliable currency. The excuse is it may push more financial institutions under. Ben, they will mostly go under during the recession anyway. Let us, in an orderly way, clean these institutions out of the market place. It is called capitalism. Or are we protecting politcians cash cows?

Well lets see how much more the dollar goes down this week....and next...and

Dollar on the Defensive Pending Bernanke Testimony, Retail Sales Data

On and on we go. The dollar has one direction, down. Individual crisis do there part. The fundamental problem is that government, at all levels, is attacking not the individual problems well but more importantly is not even looking at the overall financial and budget problems of the United States.
The system is near collaspe. The present administration, the present and last Chairman of the Fed and most frightening that either possible future president seem to have no grasp of what to do.

A Surprise in Store for the Dollar?

I don't get it. This author and many others keep talking about a dollar upraise. It never happens. Why do they keep on saying it? One has to start saying there is something going on here. What?

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.