Blog > Archive by tag 'sterling'
"We must thank Alistair Darling for giving us, with his wise words on Saturday, what has to be the easiest money-making opportunity of the year: to sell the pound as soon as the markets opened on Monday. Not since Northern Rock a year earlier has such an [...]
"But while there seems to have been more or less a straight fight between the States and us (the UK) as to who actually plunges into a recession first, within the last few weeks another strong contender for this dubious prize has emerged. The eurozone now looks like it [...]
“An interesting way to play lighter, maintain something called currency shares. This is an ETF where they did you the favor of going and buying up British pounds. They’re storing them at JPMorgan in London, all right, and then they divvy it up and sell shares here in the U.S. market. You can hope to [...]
Tags: Addison Wiggin, Bank of england, bernanke, Bill Bonner, currencies, currency shares, decline of the dollar, dollar, empire of debt, ETFs, Fed, finance, Financial, pound, sterling, video
Today’sFinancialNews.com
Baltimore — (TFN): The Fed’s recent cut has increased the interest rate differential between the US dollar and other currencies. Smart Trading Action Alert’s host Laura Cadden has invited Wavestrength technical chartist Adam Lass too provide perspective just how low the dollar may fall… and how smart investors can leverage the differential between interest rates [...]
Tags: Addison Wiggin, Bank of england, bernanke, Bill Bonner, currencies, decline of the dollar, dollar, empire of debt, Fed, finance, Financial, pound, sterling, video