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Japan Next Soverign Debt Crisis

posted by Tig 720 days ago in JPY, Fundamental, Trade

“Japan’s inability to finance its debt sales domestically is approaching.” “If bond yields spike, Japanese financial institutions will take a heavy blow, shaking the nation’s financial system.” Kan, Japan's new leader, knows they need to keep int

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AUD retreats on softer RBA stance

posted by ezir 922 days ago in AUD, Inflation made popular 922 days ago

The Australian dollar fell further from 15-month highs after the central bank said it was keeping an open mind on the pace of future interest rate rises, forcing investors to cut bets for a December hike.

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The yuan: Why won't China let it float?

posted by Tig 936 days ago in USD, Fundamental, Trade made popular 936 days ago

Nice summary on why China can get away with an undervalued pegged currency. They have the US hostage.

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Dollar faces long journey downward

posted by Tig 956 days ago in USD, Fundamental, Trade made popular 956 days ago

An awesome take on the subject. Especially the "risk aversion" that drove the dollar higher during the crises. Hint: it wasn't actually risk aversion! This might be the best article explaining what is really going on with the dollar. Crystal c

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Global rebalancing to weaken dollar, quietly

posted by Tig 972 days ago in USD, Fundamental, Trade

I tend to be a dollar bull, but this made me think twice. Net: Obama needs a weak dollar for the US to climb out of it's budget and trade deficits.

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The Dollar Is a Safe Haven? You Bet

posted by forexanalysis 985 days ago in USD, Fundamental made popular 985 days ago

How can the dollar be one of the currencies investors flock to during periods of increasing risk aversion?

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UK house prices turn positive for first time since 07

posted by trader 985 days ago in GBP, Housing made popular 985 days ago

House prices in England and Wales rose for the first time in more than two years, adding to a raft of data suggesting conditions are levelling off as the economy regains its footing, a survey showed on Tuesday.

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The Dollar: Sunrise or Sunset?

posted by czarinacleopatra 1012 days ago in USD, Fundamental made popular 1011 days ago

Many analysts have been proclaiming the U.S. dollar is in terminal decline, and that it is due to be replaced by another currency, perhaps the Chinese Renminbi (a.k.a. Yuan) or a new Asian or Mideast regional currency akin to the Euro.

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U.S. economy has bottomed: George Soros

posted by Tig 1019 days ago in USD, Fundamental, Employment made popular 1019 days ago

"I think it (the stimulus) has made a difference, the economy has actually bottomed and I think we are facing a positive quarter, and I think that is largely due to the stimulus," he said in an interview with Reuters Television in New York.

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Bank of Canada maintains overnight rate target at 0.25%

posted by inflationcoming 1041 days ago in CAD, Inflation made popular 1041 days ago

Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010

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Will Traders Switch Forex Brokers on New NFA Rules?

posted by forexcrunch 1041 days ago in Special made popular 1041 days ago

The new NFA rules are will be in effect in about two weeks. The anti-hedging rules implies new limits on trading software. It might cause many US traders to shift to foreign brokers or to search for a broker that doesn’t make things hard. It migh

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Philadelphia is Out of Cash; Pension Spiking in California

posted by RiskTaker 1041 days ago in USD, Fundamental, Special made popular 1041 days ago

A California dustup over large pension payments is shining a spotlight on the practice of spiking -- increasing a salary just before retirement and boosting the lifelong payout.

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