Friday FX View: Debate Continues to Rage Over U.S. Recovery Rally for Dollar [View article]
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 [View article]
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.
Every one leaves out the R$. It is from an emerging country...yes. Nonetheless, it has a powerful economy and is a player in the internationsl financial and trading markets. Right now the US$ has lost 26% against the R$. Yet no comments??
Is the Treasury Driving the Dollar's Fall? [View article]
Why is this always the question? The United States has been debasing it's currency for decades. Obama now will knock out the dollar almost completely. Obama thinks Weimar is a German restaurant.
Friday FX View: All Around Dollar Selling [View article]
There is the major fly in the ointment. Every time one currency gets cheaper and gives it an export advantage another country(S) fullow suit. I don't know the solution!
The sorry truth is not one member of the G-20 is going to agree to anything of substance. Countries like Brasil want hand outs even though they have large dollar and € reserves.
In truth all the currencies are heading to zero value. None of us will like it and many will suffer but depression is the answer.
The IMF lost any meaning for decades and is still around. Useless and best know for pasture and reward for political hacks and people needing a line on their resume.
If every country is near broke where will this IMF get the money to shore up Iceland, Russia, etc.?
This crisis lacks anyone who really understands what is going on and who has the following to push a solution through.
Forex Wrapup: Dollar Benefits As Traders Focus on Weak Economies Elsewhere [View article]
Good report. Your one of the few I bother to read re: US$. But, again, the Brasilain R$ is never mentioned. Any particular reason? Just USA/Japan/EU orientation? Thanks!!
If Commodities Falter, Export Reliant Currencies Could Follow [View article]
It will take longer for the Real to weaken because the country has huge reserves. Nonetheless, reserves don't last forever.
One should also keep in mind that Brasil must pay off overly generous interest rates on it's bonds. In addition, one must remember that Brasil, for all it's recent progress, is mostly a third world country with most the population still in this mode. When commodity sales lessen it has little to fall back on.
A Surprise in Store for the Dollar? [View article]
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?
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.
Friday FX View: Debate Continues to Rage Over U.S. Recovery Rally for Dollar [View article]
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 [View article]
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.
Daily Currency Forecast: Don't Bet on the Dollar's Demise [View article]
Dollar Strength Across the Board [View article]
Is the Treasury Driving the Dollar's Fall? [View article]
Friday FX View: All Around Dollar Selling [View article]
G-20 Summit: A New World Order? [View article]
In truth all the currencies are heading to zero value. None of us will like it and many will suffer but depression is the answer.
The G-20 Sings a Song of Sixpence [View article]
If every country is near broke where will this IMF get the money to shore up Iceland, Russia, etc.?
This crisis lacks anyone who really understands what is going on and who has the following to push a solution through.
Forex Wrapup: Dollar Benefits As Traders Focus on Weak Economies Elsewhere [View article]
Thanks!!
If Commodities Falter, Export Reliant Currencies Could Follow [View article]
One should also keep in mind that Brasil must pay off overly generous interest rates on it's bonds. In addition, one must remember that Brasil, for all it's recent progress, is mostly a third world country with most the population still in this mode. When commodity sales lessen it has little to fall back on.
A Surprise in Store for the Dollar? [View article]
Wednesday Currency Roundup [View article]
Please advise.
Thank you for great columns.
Brown Brothers Harriman: Buy the Dollar, Sell Commodities [View article]