Friday, November 20th, 2009

Posts Tagged ‘ Weak Dollar ’

The Coming Takeover Boom

Sep 1st, 2009 | By Chris Mayer | Category: Financial News, Politics & Economics

“Work eight hours and sleep eight hours and make sure that they are not the same hours.”

– T. Boone Pickens



Gold, Silver Hit 7-week Highs on Weak Dollar

Aug 3rd, 2009 | By Contrarian Profits | Category: Financial News, Gold Market

Gold and silver prices climbed to their highest in seven weeks on Monday, as the dollar’s slide to its lowest since mid-December boosted interest in hard assets.



Gold Firms as Weak Dollar Prompts Buying

Jul 9th, 2009 | By Contrarian Profits | Category: Featured, Gold Market

Gold firmed today, Thursday, as weakness in the dollar prompted interest in the precious metal as a currency hedge, with some physical demand after the previous session’s fall also supported prices.



Your Share of the Debt, GM Dies, Silver Still a Buy, A Pivot Point and More!

Jun 2nd, 2009 | By Ian Mathias | Category: Financial News

Brother, can you spare half a million? Your family’s (new and improved) share of U.S. debt… GM officially kaput… the dirty details and a brief rant, below… Markets hit a critical “pivot point,” says Rob Parenteau… The one number from China that’s boosting stocks, commodities and currencies today… Plus, two good reasons to buy a precious metal… especially silver



Federal Reserve, Bank of China Cut Interest Rates as Financial Crisis Deepens

Oct 30th, 2008 | By Jason Simpkins | Category: Financial News

Federal Reserve policymakers yesterday (Wednesday) reduced the benchmark Federal Funds rate to 1.0%, an aggressive half-percentage-point cut that central bank Chairman Ben S. Bernanke’s latest attempt to keep the widening financial crisis from tipping the world into a global recession.



Fed to Cut Rates, U.S. Recession Appears Likely

Oct 28th, 2008 | By Jason Simpkins | Category: Financial News

The U.S. Federal Reserve is likely to cut rates tomorrow (Wednesday), possibly in conjunction with central bank counterparts in Europe, as fears of a global recession have intensified. However, the Fed has little room to maneuver as its benchmark Federal Funds rate is already at 2% and analysts remain skeptical that reducing it any further keep the United States from sliding into a prolonged recession.



How to Sell the Dollar

Aug 5th, 2008 | By Addison Wiggin | Category: US Dollar & Forex Trading

In 2004, then Treasury Secretary John Snow was traipsing about the globe trying to “talk the dollar down.” Why? In a word: debt. At the time, our debt stood at $7 trillion, with interest payments in fiscal 2003 totaling $318 billion. But now the U.S. national debt stands above $9 trillion, with interest payments in fiscal 2007 adding $1.4 billion a day.



The U.S. Economy’s Uncertainty Brings Opportunity for Investors in the Months to Come

Jun 6th, 2008 | By Jennifer Yousfi | Category: Politics & Economics

With a wheezing economy that’s struggling with housing and credit problems – as well as a weak dollar – it’s clear the United States won’t be in the investment spotlight this year.



On the Soapbox Again

Jun 4th, 2008 | By Chuck Butler | Category: US Dollar & Forex Trading

Big Ben signaled to the markets that he was ‘uncomfortable’ with the weakness of the dollar, and the ramifications that a weak dollar has on inflation. He actually blamed the weak dollar on inflation! Whoa there partner! You’re barking up the wrong tree!



Dollar Rises On Traders’ Hopes of Escaping Recession

May 30th, 2008 | By Contrarian Profits | Category: Featured, Financial News

The US dollar looks set to make a second straight monthly advance against the yen and euro as gains in stocks showed traders are cautiously optimistic the economy may not slide into recession after all.

“The idea that the Fed will continue to cut rates has been completely put to bed and the market is now flirting with the idea of a rate hike. That has given the dollar a boost,” said Alan Ruskin, head of international currency strategy at RBS Greenwich Capital Markets in Connecticut, in Bloomberg. More from that story: