currencies

BBH CurrencyView The euro is mixed on the crosses and weaker against the dollar. Merkel’s coalition loses a major regional election over the weekend, in a state run for almost 60 years by the CDU or in coalition. The effect should be…

By John Mauldin Loose Monetary Policies and Emerging Markets So far we have focused on the United States and other mature, developed economies that have far too much debt. With Japan, the United States, the United Kingdom, and…

The correct way to look at the causes of trade imbalances, in my opinion, is to look at policies that force up or down the savings rate, or the consumption rate (which is more or less the same thing since total savings is simply total…

The resilience of the euro in the face of seemingly incontrovertible evidence that Portugal will need to get assistance and that very same program and approach has not been enough to stabilize the Greek and Irish situation is amazing.…

Canada reported weaker than expected retail sales report. Instead of a 1.0% rise in January, StatsCan reported a 0.3% decline. Weakness was especially noted in the ex-auto component which was flat instead of up 0.7% as the consensus…

By Marc Chandler News that the US Treasury will begin selling off its portfolio of mortgage-backed securities was greeted with dollar buying. The Treasury's portfolio of $142 bln of agency guaranteed MBS will be sold at a pace of $10 bln a…

BBH CurrencyView US dollar weaker as risk appetite rallies worldwide: yen and swiss the exceptions Coordinated G7 intervention Friday allows yen to consolidate Euro remains strong on hawkish comments and this week’s upcoming…

The dollar is mostly weaker except against the yen and Swiss as risk appetite has increased today. The talk regarding the nuclear situation in Japan leads to hopes of stabilizing the situation, and G7 leaders agree to intervene to weaken…

By Warren Mosler In the context of this ‘everyone’s out of paradigm’ world, it makes sense for Japan’s MOF (Ministry of Finance) to buy dollars vs yen. But it makes no sense to do this as a coordinated effort with other nations also…

In January, Jeff Clark of Casey Research’s BIG GOLD advisory set out to get opinions from some of the smartest, most accomplished investors in the gold industry – where is the gold price going to go, how volatile will the markets be, what’s…