Market Update
Forex
British Pound in for a Sharp Fall?
In my December 26 Money and Markets column I focused on the outlook for 2010, and the looming threats to global risk appetite. I warned that sovereign debt problems posed a major threat to global economic recovery. And I concluded that this threat represented a catalyst for a return of global risk a
Win-Win Scenario for the Dollar
The debt problems in Dubai threw a wrench in the happy-go-lucky risk trade of last year. And since then, the perception of the state of the global economy has been unraveling. All of the sudden, the world isn’t as safe a place as was thought just months ago: Global stock markets are falling, c
Why the Dollar Rally Has Legs
In December I wrote a Money and Markets column making the case for a bottom in the dollar. And since then the evidence supporting that thesis has grown. I also said there are plenty of ugly currencies out there that will likely take scrutiny away from the dollar. In fact, in recent weeks I outlined
Pressure Mounting on the British Pound
The UK economy is in a tough spot … it’s the only major economy that has yet to emerge from recession. It’s running the largest budget deficit of any industrialized country. And its central bank has thrown everything, including the kitchen sink at the problems trying to stimulate e
Will the Euro Become the Most Hated Currency for 2010?
For the better part of 2009 the U.S. dollar was the world’s most hated currency. But it’s looking increasingly likely the tables could turn in 2010. And the euro could take over that unenviable title. In recent weeks we’ve seen a surge in scrutiny over sovereign debt. First, it was
What Could Lift the Dollar?
The most recent employment data in the U.S. came in significantly better than what was expected. And the financial markets reacted in a different way this time. Interest rates went screaming higher, the stock market surged, gold fell and the dollar shot up. In a normal environment a stronger dollar
Weighing the Dollar Alternatives
The dollar has suffered a landslide of scrutiny and negative sentiment over the past eight months. Yet just nine months ago it was the currency that every investor and central banker in the world wanted to own! The world economy was on the ropes, and the dollar represented safety. Since then, fear h
Weighing the Dollar Alternatives: Part II by Bryan Rich
In last week’s Money and Markets column, I analyzed the three major liquid currencies as prospective alternatives to the U.S. dollar: The Japanese yen, the British pound and the euro. Fundamentally, they all fell short. As I explained then, these three don’t offer any appeal over the dol
Oanda Reviews
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Interactive Brokers Reviews
Deep discount electronic access broker offering online trading of Stocks, Options, Futures, Forex, Funds. Website: Interactive Brokers
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