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5 hours agoExcept from Financial Jenga on “The Price of Ponzi”: If you think about it, both the US and China are expending one-seventh of their respective
7 hours agoThe U.S. dollar and the exchange traded fund (ETF) that tracks it are both showing signs of wear. If the dollar is depreciating, then there
8 hours agoSince 1971 the US dollar has been depreciating ever since. Seventy years ago it was first devalued from $20.67 a gold ounce to $35 compared to approx.
8 hours agoAfter a brief pause, China’s foreign exchange reserves have resumed their blistering pace of growth: “The reserves rose a record $178 billion
10 hours agoI was flipping through my new HDTV this morning and came across the home of the “Don’t Worry, Be Happy” crowd, CNBC-TV. Because I just bought
11 hours agoRisk aversion has left the building… CIT survives without Fed help… SNB tries to fight the markets… Light week for US data… And Now… Today’s Pfennig!
12 hours agoThe 60 minute EUR/USD has formed a Continuation Channel Up Emerging pattern as price rallied through 1.4200. Recent corrections to 1.4143
19 hours agoGerman Producer Prices are set to fall at an annual pace of -4.1% in June, the most in over 22 years. The reading implies continued downward
1 day agoThe US Dollar tumbled as Asian stock exchanges surged 2.4% to on news that US lender CIT will avoid bankruptcy while commodities advanced,
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