EUR/JPY - Euro Yen November 10, 2008
127,98. EUR JPY is in a range between 122,50 and 130,90. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100).
USD/CHF Volatility Breakout on the Horizon
Pressure building up in the USD/CHF horizontal channel between the near support of 1.1710 and the multiple top resistance level of 1.1804.Recent upmove is also contained within the larger upward sloping channel displayed in the chart.
Buying of EURO/GBP today helping to lift the EURO today
The USD opens New York mixed after a quiet two-way overnight session aided by non-USD cross spreading; minor economic news helped to underpin the majors as the week gets underway.
Pound Sterling opens weaker against both the Euro and USD
Pound Sterling opens weaker against both the Euro and US Dollar today and is still reeling from last Thursday's larger-than-expected interest rate cut. Against the greenback, the pound on Friday night traded between a low of 1.5536 and a high of
Monetary Reform: Gold And Bills Of Exchange
Address before the Civil Society Institute at Santa Clara University, November 3rd 2008 - The Great Depression of the 1930's was not due to the 'contractionist propensities' of the gold standard as alleged by John M. Keynes. Nor was it due to fra
Greenspan and the Gold Standard: Thinking Out Loud
By framing the debate between regulation and free markets (Waxman and all the other Democrats versus Greenspan) they totally miss that we can't have free markets without a gold standard and that every paper currency throughout the 5000-yr history
Greenback Falls on Weak Labor Market
The dollar fell modestly versus most key currencies on Friday. The US labor market was extremely weak in October, with a large payroll loss, extensive negative revisions to August and September, and a 14-year-high unemployment rate.
UK Producer Price Index at Hand, Can GBP Hold Its Ground?
Inflationary concerns for the U.K. are expected to dissipate as economists forecast the producer price index to fall to 7.4% from 8.5% in September.


