Investors are finding additional reasons to move out of dollars and increase risk. First Bernanke said the US has moved out of recession and now Buffett. The market was priced in for a 0.6% gain in industrial production, while the report came in at ...

EURUSD

I continue to be long gold as investors move out of the dollar and need another store of value. Also, Barrick Gold, the world’s largest gold producer is buying gold meaning there is increased demand. Barrick last week said that it is eliminating its ...

Gold Discussion

In monitoring the dollar – it is hitting near-term lows against multiple currencies, Euro, Australian dollar, Brazilian real, etc. Clearly investors are thinking that economic conditions are improving and are more willing to take on risk. Yesterday, ...

EURUSD

I see strong support developing for EUR / USD at $1.45 and $1.4515. Euro keeps bouncing after intra-day declines. I’m expecting a big jump in the EUR. Expecting $1.485 in the near-term.

EURUSD

According to the WSJ: Gold is still off $1,280.09 from its inflation-adjusted record close of $2,284.99 in July dollars, hit in January 1980. I guess that means it still has a long ways to run, but probably only if inflation goes back to double ...

Gold Discussion

EUR / USD – Ride the momentum. EUR / USD will go to $1.50 as investors seek additional risk and sell lower yielding currencies in favor of higher yielding currencies. From the $1.45 point to $1.50, there is a lot of money to be made in the next ...

EURUSD

Short USD — Bearish news for the USD on Wednesday as Chicago Fed President Charles Evans said that it is too early to raise interest rates meaning interest rates will remain near zero. Also, Dallas Fed President Richard Fisher re-expressed his ...

EURUSD

Mission Accomplished? — Don't think we can say mission accomplished. Interesting article yesterday in the journal where they were breaking out the good and the bad that can drive the US economy. The good, when evaluated isn't really that good. ...

Don't get sucked in by dollar strength

Long Term View of USD — Read a report by Alan Ruskin, head of currency strategy at RBS, where he stated that whenever the spread on the 10-year US Treasury note relative to the Fed's target rate reaches 4%, there is significant interest in US ...

Weekly USDCAD, a rookie's view