FXY - CurrencyShares Japanese Yen
European policy makers have successfully addressed the springs liquidity crisis. Portugal managed to hold a decent bond auction today even as the premium over Germany widened to new record levels. The underlying solvency…Read
Ignore today’s warning from SLAB at your own peril. Ignore Samsung’s warning, speaking of “DRAM gluts”, and lose your limbs during the next semiconductor down-cycle. There is a reason why INTC is cheap.…Read
The burning question on investors minds following the accusation that the Eurozone banking stress tests were flawed was whether or not the immediate shuttering of risk appetite was the start of a bigger meltdown. In overnight…Read
Investors had to be encouraged by the pre-holiday rally in U.S. equities last week. The Dow had moved into positive territory on the year. The S&P 500 had catapulted 5.6% higher off an intra-week low. And the CBOE Volatility…Read
Investors had to be encouraged by the pre-holiday rally in U.S. equities last week. The Dow had moved into positive territory on the year. The S&P 500 had catapulted 5.6% higher off an intra-week low. And the CBOE Volatility…Read
Tuesdays Asian and European sessions held one very clear message: no one is risking a single dime, it is all about safety now. Investors rushed into the safety of the German Bunds even from the early hours of the European…Read
Irelands rating downgrade by Standard & Poor's on August 24 and the related news of its struggling millstone, Anglo Irish Bank (AGCPF.PK), bring our attention back to the ongoing challenges facing sovereign entities in the…Read
Play: Latest Global Video Charting Currency traders saw price action in Eur/Usd, Usd/Cad, but very little else of note in the previous trading session that guides to fair value ahead of a busy week of economic releases. Most…Read
Last week the worries about Black September abated as equity markets rallied, and the currency traders likewise took on a little more risk. A few negative weekend events caused the markets to tumble as the psychology…Read
I’ve decided to become a bearshitter today, while eating carrots and watching the teevee. Don’t worry, my condition will not be permanent, as I too am bounded by certain mathematical laws. However, if there is ever a…Read
Europe again? New concerns about the solvency of European banks has Treasury exchange traded funds (ETFs) once again climbing higher as investors seek out safe-havens. The Dow has been down at times by more than 80 points. On…Read
At the start of the summer, the two legs that had supported the dollar had given way. The European financial crisis eased and the US economic momentum flagged. The summer months saw these developments extend.European…Read
Europe again? New concerns about the solvency of European banks has Treasury ETFs once again climbing higher as investors seek out safe-havens. The Dow has been down at times by more than 80 points. On the ETF Dashboard…Read
The US dollar is broadly higher against most major and emerging market currencies today, with the yen and Swiss franc being the notable exceptions. With last weeks US employment data taking the immediate focus off the US and…Read