Browsing Tag

currencies

Dollar Trades on Back Foot

from the BBH Currency Strategy Team The US dollar is softer today after yesterday's disappointing economic data releases stoked a drop in US bond yields. The euro remains choppy with conditions exacerbated by thin trading and gains capped…

Dollar Tone Remains Soft

from the BBH Currency Strategy Team The US dollar is softer today versus the majors and EM. The euro maintained a supportive tone following the move up to the $1.3270 region. Momentum was lacking due to thin trading liquidity and an…

Reserve Currency Roulette

by Annaly Capital Management Following up on our post from Friday, in which we illustrated the currency reserve and GDP market share of a number of different countries, a kind reader asked a question: “I wonder what percentage of the…

A Vote for Gold

"...Bank of Canada Governor Mark Carney tried to calm everyone's nerves by declaring that gold 'has no role to play in the international monetary system.'" Globe and Mail, November 12, 2010 Carney did not calm the…

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