Matt from Queens

The Dollar Can Continue To Rally, Despite the Weak Economy

Anyway-I hope not

The Dollar Can Continue To Rally, Despite the Weak Economy

I've been short the euro since about 1.53 and the pound since 1.90. Now I'm afraid that you've put the kibosh on the dollar!

The Dollar Can Continue To Rally, Despite the Weak Economy

I just read the September issue of Futures magazine. In there, you said "the eurodollar would probably remain in the 1.56 to 1.60 range," and that the pound will remain "above 1.97."

You call yourself an "expert" (it says so right on your site) so what your headline should really be is "Why i was so wrong about currencies!"

And if you don't publish an article on here about why you were so wrong, I'm going to write about that on every forex forum I can find.

Start Planning for a Hard Economic Landing

Nice article with plenty of info, but can you elaborate on why the dollar would advance?

The Dollar Index and the Financial Sector

As far as lowering borrowing costs are concerned, it's fairly evident that monetary policy by itself is not the answer to de-leveraging, therefore it's doubtful to see the Fed reduce rates further.

To paraphrase a wonderfully clear explanation by Paul McCulley from PIMCO, the paradox of de-leveraging is resulting in further asset-price declines, reinforcing the negative feedback loop. The root of all this is the decline in home prices, the asset upon which all this leveraging was built, so without a stabilization in home prices the de-leveraging process will continue.

Lowering borrowing costs further is not likely to mitigate this problem and therefore, it isn't likely to see another rate cut from the Fed.

Weak Dollar Bodes Well for U.S. Economy

Joe, in case you haven't noticed the dollar has been depreciating severely as the economy has weakened and the stock markets tanked. A weak dollar is not good for the economy-it's a symptom that something is very wrong with the economy.

I understand that a weaker dollar is good for exports and that it's good for foreigners who wish to buy U.S. assets, but Americans absolutely hate to see U.S. assets sold to foreigners.

The Euro's Long Run Is Finally Over

The Beatles broke up too.

The Euro's Long Run Is Finally Over

And in other timely news, the Boston Red Sox have won the 2007 World Series.

The Euro's Long Run Is Finally Over

Where was this article when the euro was 1.60? The euro stopped appreciating in April, so I don't even know why they published this.

U.S. Session Wrap: Meredith Whitney Does It Again

I think you are missing the point here--the LFB seems to be supplying a lot of economic info and they also made an important point.

Everyone is consumed with the dollar's connection to oil, but they;ve pointed out that the dollar was able to decline even after oil fell because the financial sector weighed on the overall indexes.

Much of there info seems to be taken right from the source, and they break it down in a way that paints a total picture of the market. I think it's a very handy resource.

S&P Poised to the Upside; Dollar Should Maintain Strengthening Trend

I like the analysis but I wish i could see the chart.