One of the most confounding mysteries currently confronting the forex market is the dramatic drop of the US dollar. Few recent trends have continued for as long, or proved as lucrative, as…
Tag: USD
My current trading positions as of Jan 25 2013
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…
Why QE3 will fail, and why that may be very good for the U.S. dollar
by Jack Crooks It seems to me the Great Depression has cast a long dark shadow over Fed Chairman Ben Bernanke’s thinking. The man seems obsessed by the idea, based on his…
How Long Will the Dollar Remain the World’s Reserve Currency?
We frequently hear the financial press refer to the U.S. dollar as the “world’s reserve currency,” implying that our dollar will always retain its value in an ever shifting world economy. But…
As China goes, so goes oil; as oil goes, up goes the U.S. dollar!
by Jack Crooks Saturday, September 1, 2012 at 7:30am I realize it’s never easy and rarely simple. But today I’m going to help you understand why global money-flow drives key markets and…
Celebrating 40 Years of Dollar Destruction
By Sean Hyman, Editor, Currency Cross Trader This week, we’re celebrating the anniversary of the greatest heist in recorded history. Exactly 40 years ago yesterday, President Nixon severed the dollar’s ties to…
Taps for the Dollar
By Michael Pento, Senior Economist at Euro Pacific Capital It now appears that the United States has finally succeeded in its efforts to destroy confidence in the U.S. dollar. Given the currency’s…
I’m No Dollar Permabull. I Just Go with the Facts!
by Bryan Rich I’ve given plenty of arguments in my Money and Markets columns over the past couple of years as to why I think the pontifications about the dollar’s demise are…