Category Archives: Currency

Crude & Dollar Correlation –

The correlation between the U.S. Dollar and Crude oil is at minus 0.94 and that is the lowest level in three months.  Some crude oil investors are looking for the safety of the U.S. Dollar and are moving their investment … Continue reading

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Gold Rush –

Gold keeps climbing to new highs and that has brought more attention to the commodity.  Reuters has coverage of Gold and Gold backed ETFs which is a good resource for investors.  Bullion is up over 12% this year and has … Continue reading

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Euro Breakup –

Concerns over sovereign debt and a breakup of the Euro continue to plague banks in Europe.  It has been reported that rates on commercial debt are also rising as a result of the crisis. To read a related Bloomberg article, … Continue reading

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Pound Rises –

The Pound gained in trading today after Conservative leader David Cameron was appointed the new Prime Minister.  Gordon Brown’s resignation cleared the way for the first Conservative administration since 1997. To read a related Bloomberg article, please click here; http://www.bloomberg.com/apps/news?pid=20601087&sid=a_8N8kLTYvzE&pos=2 … Continue reading

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Credit Default Swaps Fall –

The attempt by the EU to slow the sovereign debt crisis is working at the current time.  The EU has agreed on an aid package that is almost $1 Trillion dollars and that level of support has caused default swaps … Continue reading

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EU Prepares Fund –

The European Union is preparing a $645 billion dollar fund to prevent the sovereign debt crisis from spreading.  A Bloomberg article quoted a Sedish official as describing the markets as having a “wolfpack behavior”.  The need for the EU to … Continue reading

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Euro Declines –

The Euro declined as concern over the spreading of the debt crisis increases with investors.  Spain and Portugal are becoming the center of attention as possible nations that may need a bailout.  The Euro fell below $1.30 and hit the … Continue reading

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Economist: Big Mac Index –

Economist magazine has a Big Mac Index that is worth examining.  The index illustrates how the Yuan is an undervalued currency and is artificially weak.  What would Friday be like without a good chart? To read the Economist Big Mac … Continue reading

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Yuan Revaluation –

Currency speculation is picking up on reports of a possible Yuan revaluation.  The Yen & Dollar are two currencies that are expected to benefit from a revaluation of the Chinese currency.  Both curencies are viewed as a safe haven by … Continue reading

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Yuan –

The Chinese Yuan has been pegged to the Dollar for almost 21 months and that may end.  However, the change may not help American exporters due to the barriers of the Chinese government.  The peg of the Chinese currency has … Continue reading

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Rogers Shuns Sterling –

Jim Rogers has stated that he will not be buying the Pound unless it gets really cheap.  The U.K. trade deficit is one of the main reasons that Rogers will be avoiding the currency.  He also said that it is … Continue reading

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Benchmark Currency Chart –

The Swiss Franc is closing in on the U.S. Dollar. To view the benchmark currency rates please click the attached link. http://www.bloomberg.com/markets/currencies/fxc.html Jim Sutliff

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Interest Rates May Rise –

One official suggested that an interest rate increase could be in the near future.  This statement made the dollar rise in the market. To read a related article, please click here: http://www.bloomberg.com/apps/news?pid=20601087&sid=axGC7lXsYHpM James Sutliff

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Crude Rebounds –

The drop in the strength of the dollar has helped crude oil move up more than it has in a month.  The increase may be short lived with some analysts predicting a slide in prices. To read a recent article, … Continue reading

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Oil Rises & Natural Gas Slides –

Oil prices almost touched $75 a barrel the other day and may continue to rise.  The expected decline in the dollar could contribute to future increases in oil prices.  The recovery in Europe may also weaken the dollar relative to … Continue reading

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