Market News

The wheel is turning at the Concept Café…

One of our Members wrote to me yesterday, basically telling me I was “full of it” if I thought the US dollar was going to do anything but maybe bounce at best, and only because it is so oversold; then it is headed into the dust pin. He is saying there is absolutely nothing that can change that inevitability.

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Financial vs. Real

One input to our US dollar bull market call at the beginning of the year was the potential shift in capital between the financial economy and the real economy. The stock market began a dramatic rally well before the US economic “recovery” took hold. And stocks have continued climbing.

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Three Down, One To Go. Will Spain Follow?

After Greece and Ireland, the domino effect continued with Portugal asking for a bailout. You know the debt crisis story. It is expected that Spain will tap the bailout counter soon. However, it seems like the last of the PIGS is not giving up without a fight for a happy ending.

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Is it time for a proper pounding?

One of our background themes, no great shakes as others hold the same view, has been the idea the Bank of England summons any available raw material to try to avoid hiking interest rates. Just maybe today they got it, and the British pound is acting accordingly.

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The Dodd-Act Law and Its Possible Effects on Forex

Thanks to the subprime mortgage crisis, government financial regulatory agencies have stepped up their game by implementing tougher restrictions on the financial market. One of the biggest changes that they decided to implement is the Dodd-Frank Act. Interested what it’s all about? Read on then!

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ECB Adds 25 Basis Points, What’s Next?

On April 7, 2011, European Central Bank (ECB) President Jean-Claude Trichet finally caved in to inflation pressures and decided to raise interest rates by 25 basis points to 1.25%. It marked the first rate increase of the ECB in almost three years!

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The Candy Man Can…

As you likely know, the euro spiked (is still spiking) to a fresh intermediate-term high today, as the dollar is generally being whacked across the board–but there have been worse days for Mr. Greenie–many of them in fact.

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Fewer people getting gas these days …

Word has it that gasoline demand is rather sluggish now that prices are rising pretty steadily. Recent weekly drawdown in gasoline stocks plus rising crude oil prices have supported gasoline futures, but is the picture as bullish as it seems?

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The Return of Subprime?

Oh boy, it looks like Wall Street is buying up those ol’ subprime bonds once again. What will this mean for the financial markets? More importantly, what does this mean for all us currency traders?

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Success is more a function of consistent common sense than it is of genius.An Wang