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Markets

The Precious Metals Correction

by David Galland As I write, the markets are taking a drubbing – and by “markets,” I mean pretty much all of them. Given the lack of time and our only tangential interest in the broader equity markets, I’ll comment only on the precious…

QE2 Is Failing?

I know I have seen that QE2 is failing a number of times in the last 24 hours. In support of such statements I offer the following two graphs from the 5 Min. Forecast: Since QE2 hasn't really started yet, it might be more…

Dollar Firms, Uncertainty Increases

Highlights The US dollar is trading with a firm tone against nearly all the majors as weakness across equity markets and commodities drive risk appetite and markets await the outcome from today’s EuroGroup meeting, where hopes for aid…

Dollar Firmer on European Fiscal Woes

Highlights The US dollar is trading with a firm tone against nearly all the major currencies except the Australian dollar and the Canadian dollar as a rise in commodities and equities stoke risk appetite.  The euro continues to…

Dollar Mixed on Irish Bailout Concerns

Highlights The US dollar is on a more solid footing yet continues to consolidate versus the euro as details emerge of a potential Irish bailout.  The uncorroborated rumors of a bailout of Ireland emerged from the G20, narrowing the…

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