Hello fellow traders. I thought I’d try something new. I was thinking it might be of some limited value to share my current market biases in the hope of getting some discussion…
Tag: eur
European Debt Crisis Threatens the Dollar
The global economic situation is becoming more dire every day. Approximately half of all US banks have significant exposure to the debt crisis in Europe. Much more dangerous for the US taxpayer…
Counting the Cost – Who Will Save The Euro?
It is not just the banks that are in danger of going under. It is entire economies. They are the ones in need of emergency cash to stay afloat. For some time…
Where Are The Euro Shorts?
If you simply looked at a chart of the Euro over the last year or so, and didn’t know about all of the problems facing the European Union, you could conclude that…
3 Currencies to Buy as Trichet Loses His Nerve
By Evaldo Albuquerque, Editor, Exotic FX Alert Central bankers are some of the worst magicians in the world. Unfortunately, they love to use their sleight of hand on our monetary system. As…
Short this Currency Now
Back then, it took several billion to buy a loaf of bread. Another couple billion to purchase eggs, fabrics, sugar – basically anything you needed. The price of everything was doubling almost…
Why is the Euro Going Down
When Western nations such as Australia and the US see their economies recovering and their job cuts slowing, it is easy for forget that many countries are still struggling with the effects…
China Knows the Fate of the Euro
This week, the U.S. Commerce Department gave China another pass on its currency manipulation, ruling against charges it was undercutting U.S. aluminum makers. This puts China’s currency back on the radar for…