currencies

Andy Lees who does Macro Derivatives Strategy at UBS says the Euro has a lot farther to run to the upside. You will recall that I mentioned his comments in May regarding the makings of a technical countertrend rally for the Euro. Now, he is…

From the Brown Brothers Harriman Currency Strategy Team Highlights US dollar is softer across the board so far today vs. the majors, as markets regain a semblance of calm after Bernanke’s comments yesterday.  Markets await Friday’s…

From the BBH Currency Strategy Team Highlights US dollar is softer on the day vs. the majors, gaining only against EUR and SEK as markets search for direction ahead of Friday’s stress test results.  The euro is trading softly after…

By L. Randall Wray, Professor of Economics at the University of Missouri-Kansas City, Research Director with the Center for Full Employment and Price Stability and Senior Research Scholar at The Levy Economics Institute. In recent months,…

From Win Thin, Senior Currency Strategist at Brown Brothers Harriman. Spanish media is quoting Finance Minister Salgado as saying all Spanish banks had passed the stress tests.  Spokesperson later tried to walk these comments back,…

This comes via the BBH Currency Strategy Team. Highlights US dollar is mixed on the day vs. the majors, as markets search for direction ahead of Friday’s stress test results being released.  The euro made a marginal new high for the…

Marc Chandler is on holiday. This post comes via Win Thin, senior currency strategist at BBH. Newswires are reporting that a big German institution failed the bank stress tests.  The fact that this institution had already been taken…

Adam Hewison at INO does a little technical analysis of the EUR/USD trends in a video at INO MarketClub. I have linked to the video below, but first a few words. Back in May, I wrote: while there is currency revulsion now at work and…

From Brown Brothers Harriman's Currency Strategy Team Highlights US dollar is mostly firmer on the day vs. the majors as risk off trading seems to be on the upswing, losing ground only to CAD and EUR.  The euro made another attempt…

Paul Krugman wrote a post today regarding MMT called "I Would Do Anything For Stimulus, But I Won’t Do That (Wonkish)." The gist of Krugman's post was to refute Modern Monetary Theory's view on money and deficits. Krugman writes:…