“The US economy is not too weak and not too strong.”
THE soaring dollar remained above 90 US cents at noon, but it came off its 23-year high reached during the morning session after New Zealand inflation data came in below expectations. via AdelaideNow…
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Asian stocks pared early gains on Monday, pausing after their recent rally, while the dollar held firm as strong US retail sales data prompted investors to trim bets of further US interest rate cut.The upbeat US report had underpinned …
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And now the Wall Street Journal says the same thing, in an article, entitled, “China Begins to Fulfill Its Potential for Big Profits Foreign Firms Are Cashing In After Years of Anticipation As Growth Transforms Nation. …
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Forex - Japanese Yen Drops To 3-Month Low Against Euro [EUR/JPY]10/14/2007 8:11:58 PM The Japanese yen is losing ground to the euro. The yen is trading in New York at 166.65 to the euro, its low.
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The dollar was mixed on Friday, up against the yen and franc, down against the pound and flat versus the euro. Once again, the yen crosses in general and the carry trades in particular remain in demand and this pattern should continue …
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SYDNEY (Thomson Financial) - The US dollar extended gains against major currencies in midmorning trade Monday after surprisingly strong retail sales released in the US on Friday signalled the world’s biggest economy is in better shape …
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New Zealand’s inflation rate slowed more than the central bank predicted in the third quarter, adding to signs that interest rates needn’t rise any further. New Zealand’s dollar fell after Statistics New Zealand released a report in …
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Maybe plain-vanilla stock and bond mutual funds will do the job after all. Long-short funds–the newfangled mutual funds designed to give common investors a hedge fund experience and protection during … via The Morning Call
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In fact the great thing about ETFs like EEM and EFA is precisely that they’re not denominted in foreign currencies: they’re denominated in dollars, and trade in dollars on the New York Stock Exchange. They buy stocks of companies which …
Original post by Felix Salmon
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