The Big Picture: Afternoon Currency Chart Review (FXE, UUP, FXY, EUO, FXB, FXC)
Bryan Rich: Last Friday, in reviewing the charts, directionally it looked like a tough call. My view was, expect some swings (volatility). Read more…
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Bryan Rich: Last Friday, in reviewing the charts, directionally it looked like a tough call. My view was, expect some swings (volatility). Read more…
Stoyan Bojinov: Investors came back in a buying mood after the weekend, although domestic equity indexes lost momentum after it was reported that Standard & Poor’s would put all 17 Euro zone member nations under credit review. Nonetheless, optimism continues to build on Wall Street as the Nasdaq Read more…
Richard Rittorno: The U.S dollar has found support going into the week but is the uptrend ready for bullish resumption? What is interesting: the latest move upward in the U.S. dollar has been driven by positive risk events, such as the better-than-expected US employment data. Read more…
Stoyan Bojinov: Domestic equity indexes sank desperately lower as ongoing Euro zone debt woes paved the way for rampant profit-taking across virtually every corner of the market. Investor confidence further declines as worries over the domestic supercommittee sparked waves of fear that the U.S. would soon Read more…
Stoyan Bojinov: Good news from the Euro zone lifted investor’s spirits on Monday as equity markets cheered on agreement talks aimed at restoring financial stability in the debt-burdened country bloc. Earnings results from Caterpillar boosted domestic equity indexes higher after the construction giant Read more…
The dollar’s recent rally, which began on the first day of September, is likely being aided by how unappealing other world currencies look right now. Consider… The euro is toxic… The British pound is more debt ridden than the dollar, and its proximity to the Eurozone doesn’t help… The Aussie dollar is facing Read more…
“Gold is real money, everything else is just a substitute,” says Peter Schiff, CEO of Euro Pacific Capital, who works backwards to form a currency trading strategy. Essentially, Schiff isn’t much in favor of any paper currency, he’s just handicapping the best Read more…
Sean Hyman: There’s a hurricane headed for the U.S. economy, one that’ll send stocks tumbling and rip gains out of your portfolios – especially if you aren’t ready with some protective currency plays. Read more…
Richard Rittorno: The U.S. dollar rose against many major currencies as investors fled stocks on fears sparked by the U.S. Federal Reserve, and signs of a slowdown of industrial production in China. Read more…
Justice Litle: The U.S. Dollar Index hasn’t been updated in years, and other vehicles give a broader perspective of how the greenback is doing. Read more…
NYSE:FXA, NYSE:FXC, NYSE:FXE, NYSE:FXF, NYSE:FXM, NYSE:FXS, NYSE:FXY, UUP
Sean Hyman: The year was 1973. I was just a toddler, so I couldn’t fully appreciate the next-generation Camaro that had just come out or the release of the new Pontiac Firebird Formula. Read more…
Rydex|SGI, a leading asset manager, today announced that assets in its CurrencyShares® product lineup reached an all-time high of $4 billion, as of August 9, 2011. Read more…
Chris Ciovacco: With QE2 winding down, China raising interest rates, and debt problems in Europe, investors have not responded to strong earnings growth. According to Bloomberg: Read more…
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