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.

Daily Currency Forecast: Don't Bet on the Dollar's Demise

Then why has the US$ suffered a 26% decline against the R$??

Dollar Strength Across the Board

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??

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!

The Poor, Poor Dollar

The dollar will remain a reserve currency although in mixed baskets. Why? It simply is because there is no other currency to take it's place.

Implications of a 'Failed Detroit' Are Hurting the Dollar

The reality is that bankruptcy is the road for a strong auto industry. This would be a reorganized Detroit and the foreign manufactures in the United States. Combined they will be a powerful industrial component.

Alas, this reality is not the short term perception and may, short term, influence the dollar in a negative manner.

It is ironic that the United States was a main cause of this world wide mess yet may come out stronger than ever. The EU will remain weak for a long time saving the power of the dollar. This will give Washington time to put it's debt in order.

Under Obama, with his expensive spending plans, may kill this. We shall see.

G-20 Summit: A New World Order?

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 G-20 Sings a Song of Sixpence

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

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!!

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?

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.

Brown Brothers Harriman: Buy the Dollar, Sell Commodities

You act as if the Brasilian Real R$ dosen't exist. It is the strongest currency in South America. How does this effect that currency?

Table Set for U.S. Dollar Intervention by World Banks

It said over and over that the United States wants a weak dollar. Well let me tell you that Weimar also wanted a weak Mark. They got it and a whole lot more.

Has the Dollar Hit Bottom?

Well, indeed it is a pleasure to read this. I am not an economist but have had similar observations. I live part of the year in Brasil. Needless to say the dollar has been declining at a distressing rate. The Brasilians are paying a very high interest rate. The problem with this is that they will have to pay back their loans at a rate way above the rates in other countries. How will they do this? By borrowing more. Sound familar. This brought the economy down not to long ago. It is their history. In addition, they have too large agricultural sector. If the first world goes slow or into recession this sector tanks. Also, like America the public is in heavy debt. They have an enormous underclass. So, I see my dollars more valuable in a year or so.

Any comments?

Rio de Janeiro