Posts Tagged ‘
euro ’
Nov 20th, 2009 |
By Chuck Butler |
Category: Featured, Financial News
So what was it that spooked the markets… Well… The only thing I can find was the report yesterday about falling Housing Starts that Chris told you about… Did you know that about 14% of US homeowners were either delinquent on their mortgage or in some stage of foreclosure? That is the highest rate since the group started collecting the data in 1972!
But there was something else that was announced as the day went on, that I think probably spooked the markets more than anything else… And that is a key House panel approved two amendments to a sweeping financial-overhaul bill that would give federal watchdogs new authority to audit the Federal Reserve, and would establish a fund of as much as $200 billion to help dissolve large, troubled institutions. Rep. Ron Paul (R., Texas) offered the amendment seeking to subject the Fed to audits.
Tags: Amendments, Audits, currencies, Currency Traders, Daily Reckoning, euro, Federal Reserve, Federal Watchdogs, Financial Services Committee, Foreclosure, Global Recovery, House Financial Services Committee, housing starts, Institutions, Mortgage, Nitty Gritty, risk, Ron Paul, Sword Of Damocles, Top Of My List
Posted in Featured, Financial News |
No Comments »
Oct 8th, 2009 |
By Chuck Butler |
Category: US Dollar & Forex Trading
$1,055 for Gold! Global recovery prospects fuel run on the dollar…Trichet to defend the dollar today? Central Banks are diversifying…And Now… Today’s Pfennig!
Tags: Australian Dollar, BRIC Nations, British pound, Canadian Loonie, Chuck Butler, euro, gold, Gold Prices, invest in gold, invest in silver, silver, Swiss Franc, US dollar, yen
Posted in US Dollar & Forex Trading |
No Comments »
Oct 6th, 2009 |
By Chuck Butler |
Category: US Dollar & Forex Trading
Pandora’s Box of rate hikes is opened! Is the dollar being removed from oil trades? Deficits do matter, eh? Gold heads toward its all-time high…And Now… Today’s Pfennig!
Tags: Australian Dollar, BRIC Nations, British pound, Canadian Loonie, Chuck Butler, Crude Oil Prices, euro, Federal Reserve, gold, Gold Prices, oil, silver, Swiss Franc, TARP, US debt, US dollar, yen
Posted in US Dollar & Forex Trading |
1 Comment »
Oct 5th, 2009 |
By Chuck Butler |
Category: US Dollar & Forex Trading
September job losses soar to 263,000…G-7 does not make statement on currencies…RBA meets tonight…India & Brazil pull the right strings…And Now… Today’s Pfennig!
Tags: Australian Dollar, British pound, Budget Deficit, Canadian Loonie, Chuck Butler, euro, gold, Gold Prices, invest in gold, jobbles rate, Swiss Franc, unemployment crisis, US dollar, yen
Posted in US Dollar & Forex Trading |
No Comments »
Oct 2nd, 2009 |
By Chuck Butler |
Category: US Dollar & Forex Trading
The dollar remains well bid…G-7 to hand currencies off to G-20? Car Sales collapse…Auditing the Lehman cash movements…And Now… Today’s Pfennig!
Tags: Australian Dollar, British pound, Canadian Loonie, Cars for Clunkers, Chuck Butler, euro, Federal Reserve, GRM, Swiss Franc, Unemployment Rate, US dollar, US economy, US stocks, yen
Posted in US Dollar & Forex Trading |
No Comments »
Oct 1st, 2009 |
By Chuck Butler |
Category: US Dollar & Forex Trading
The ball is in the dollar’s court today…Aussie is unable to hold 14-month high…China and Eurozone print stronger PMI’s. Chock-full-o-data today…And Now… Today’s Pfennig!
Tags: Australian Dollar, Ben Bernanke, British pound, Canadian Loonie, Chuck Butler, euro, G-7, Swiss Franc, US dollar, yen
Posted in US Dollar & Forex Trading |
No Comments »
Sep 30th, 2009 |
By Chuck Butler |
Category: US Dollar & Forex Trading
Currencies rebound VS the dollar…Aussie and kiwi lead the currencies higher…Data and Central Bank speeches today…Gold rebounds back to $1,000! And Now… Today’s Pfennig!
Tags: Australian Dollar, British pound, budget deficits, Canadian Loonie, Chuck Butler, euro, gold, Gold Prices, home prices, invest in gold, Swiss Franc, US dollar, US housing crisis, yen
Posted in US Dollar & Forex Trading |
No Comments »
Sep 29th, 2009 |
By Chuck Butler |
Category: Politics & Economics
A bias to buy dollars remains…Looks like coordinated jawboning…Fujii now talks about intervening! Gold remains below $1,000…And Now… Today’s Pfennig!
Tags: Australian Dollar, British pound, Canadian Loonie, Chuck Butler, euro, gold, Gold Prices, invest in gold, Robert Zoellick, Swiss Franc, US dollar, yen
Posted in Politics & Economics |
No Comments »
Sep 28th, 2009 |
By Chuck Butler |
Category: US Dollar & Forex Trading
A bias to buy dollars remains…The Fed was warned as far back as 1999! Fujii gets “the memo”! A ton o’ data all around the globe this week! And Now… Today’s Pfennig!
Tags: Australian Dollar, Ben Bernanke, British pound, Canadian Loonie, Chuck Butler, euro, gold, Gold Prices, Lehman, Swiss Franc, Tim Geithner, US dollar, yen
Posted in US Dollar & Forex Trading |
No Comments »
Sep 25th, 2009 |
By Chuck Butler |
Category: US Dollar & Forex Trading
Dollar’s rally is cut short…Major problems for loans still exist…Yen rallies on exporter repatriation…Kiwi gets whacked! And Now… Today’s Pfennig!
Tags: Australian Dollar, BRIC Nations, British pound, Canadian Loonie, Chuck Butler, Crude Oil Prices, euro, Federal Reserve, hedge funds, silver, Swiss Franc, US dollar, US Foreclosures, yen
Posted in US Dollar & Forex Trading |
No Comments »
