Even the Israeli Intervention is Short-Lived
Last week I was talking about the intervention that the Bank of Israel made in the forex markets, and how it worked. Well, also in a small country like Israel, …
Read MoreLast week I was talking about the intervention that the Bank of Israel made in the forex markets, and how it worked. Well, also in a small country like Israel, …
Read MoreFresh Non-Farm Payrolls numbers, and the huge surprise with the dropping unemployment rate suggest that maybe Obama was right: the beginning of the end of the global recession. Great volatility …
Read MoreMoody’s calmed investors by keeping the credit rating a solid Triple A for the US. This lowered fears and casued risk appetite – the dollar is falling across the board. …
Read MoreThe ongoing crisis in Iran is worrying the whole world and ignites fears. Risk aversion may cause investors towards the US dollar, especially after the escalation in the situation this …
Read MoreAlexei Kudrin, Russia’s Finance Minister, sent gave the dollar some strong back wind, by saying that the dollar will remain the world’s reserve currency. This policy shift strengthened the dollar …
Read MoreThe US dollar makes big gains against other currencies, in the wake of the Non-Farm Payrolls figures. The big surprise in NFP shut off the risk factor, and sent the …
Read MoreAfter the dollar retreated on all fronts, it made a huge comeback in the last 24 hours on fears that the recovery is not near at all. Â Review of the …
Read MoreFriday’s Nationwide HPI supplied more fuel for the Pound, which is now aiming for 1.62. All in all, it was a succesful week for the British Pound, which sees major …
Read MoreThe US dollar is beaten this Friday. It loses ground everywhere. This happened before the disappointing GDP figure, and also after them. Bad Friday for the greenback, yet again. A …
Read MoreThe first significant figure was released – and it was too good to be true. CB Consumer Confidence was excellent – but the dollar lost it’s early gains. After the …
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