Blog > Archive by tag 'dollar exchange rate'
The Dollar Bears are still talking “de-coupling” and cashing out of the dollar… but the economic performance elsewhere ain’t nothing to brag about.
by BBC
Baltimore — (TFN): UK economic growth ground to a halt between April and June, according to the latest official figures. The Office for National Statistics said the economy stalled, showing no growth [...]
America’s exports are now growing faster than China’s.
by The Economist
Baltimore — (TFN): For the first time in years, China’s exports are growing more slowly than America’s. In the 12 months to June (the latest month available for both countries), America’s exports grew by 23%, well ahead of China’s 17% (in dollar terms). Export volumes show [...]
After the rout in oil, gold and commodities, the U.S. dollar may be in for a trend reversal. Is it may time to short the euro yet?
by J. Christoph Amberger
Baltimore — (TFN): The dollar rebounded to a seven-week high at $1.5454 per against the euro as the Fed kept interest rates unchanged. The dollar rallied [...]
by J. Christoph Amberger
Baltimore — (TFN): “Futures Traders Bet on Dollar Gain For First Time Since 2005,” headlines Bloomberg.com today.
Net shorts on a decline in the euro came in at 21,315 on April 29 — compared with net longs of 18,907 a week earlier, according to the Commodity Futures Trading Commission (CFTC). Currency strategists now [...]
“The rising euro is really destroying jobs, but hardly any attention is being paid to it anymore. It’s odd because the exchange rate is, at the moment, incredibly important for our continued economic growth.” — Peter Bofinger
Blogger’s Note: Peter Bofinger is one of the “Wise Men” that the German government relies on for accurate forecasts [...]