currency

As fundamental problems put a serious question mark to the feasibility of the European Union existing as a financial entity, many question its purpose and continued existence. There is no question that the 1999 adoption of a single currency--designed to abolish barriers to trade between member...

With concerns about the U.S. debt ceiling and European bailouts continuing to persist, many investors are looking for ways to hedge against the falling euro and greenback. Gold has become a popular investment for many, but it's not the only game in town. One answer could lie with the Swiss Franc...

Last month's bullish forecast by the International Monetary Fund is another reason to bet on the Chinese yuan. The IMF estimates that developing economies in Asia will expand 8.4% this year, compared with 2.8% growth in the U.S. Overall, the yuan has appreciated 4.92% against the greenback in the...

As the bi-winning Fed's chairman prepares to give his first press conference on Wednesday at 2:15pm Eastern Time after the April Fed meeting, which started on Tuesday, stock markets can't wait but started celebrating already. With Volatility Index (CBOE: ^VIX) dropped back close to its 2007 level...

While a lot of investors think it is the improving economy that is propping up the stock market, the real factor is always about the money printing press. For all those who remembered Q1 of last year, which now seems a lifetime ago, all the bulls were talking about V-shaped recovery, but got...

The People's Bank of China has announced that it plans to grow the international role of the yuan, responding to overseas demand for the yuan to be used as a reserve currency and allow the yuan to flow back into China more easily. Additionally, China plans to allow all exporters and importers to...

We are told that inflation is too low that it's intolerable, even though our grocery bills keep going up, portions of meals keep getting smaller in restaurants, and gas price is back to 2007 level. But then, of course, core inflation excludes food and energy, as none of the fed chairmen need to...

By Wayne Jett © October 10, 2010 Fear was not the only thing Americans had to fear in 1933, as Franklin Roosevelt well knew. High tariffs shut down trade and production; high taxes stripped private capital; and rampant fraud in financial markets looted capital and drove survivors to gold shelter....

The gold: US dollar relationship is not always dollar down and gold up or dollar up and gold down. If Euros are being used to buy gold, which is what we are told, if the gold seller dumps the Euros and buys dollars, the dollar goes up, the Euro goes down, and gold goes up. So gold and the dollar...

After the US President Barack Obama pledged to focus on expanding jobs in the country, the Australian dollar recovered from its overnight weakness and bond prices fell. President Obama’s speech drove up US stock futures. However, the US dollar erased early gains and lost against all major...