Monday, March 29, 2010

Euro May Fall to $1.25 by June Says Gray of Travelex

March 30 (Bloomberg) -- Anthony Gray, head of risk solutions at Travelex in Sydney, talks with Bloomberg's Haslinda Amin about his forecast for the euro and U.S. dollar. Gray also discusses the outlook for the Australian and Canadian dollars, and Federal Reserve and People's Bank of China monetary policies. (Source: Bloomberg)



Wednesday, March 24, 2010

FX Concepts Taylor Says Sell Euro, Buy Asia on Recovery

March 24 (Bloomberg) -- John Taylor, chairman and chief executive officer of FX Concepts LLC, talks with Bloombergs Betty Liu, Jon Erlichman and Adam Johnson about prospects for
the euro, dollar and yuan, and investment strategy for currencies. Taylor, who oversees the world's largest currency hedge fund, says investors should buy Asian currencies and sell the euro as the economic recovery in Asia outpaces other regions. (Source: Bloomberg)


Tuesday, March 23, 2010

Credit Suisse Tao Discusses China Yuan Policy

Credit Suisse's Tao Discusses China's Yuan Policy

March 23 (Bloomberg) -- Dong Tao, a Hong Kong-based economist at Credit Suisse Group AG, talks with Bloomberg's Susan Li about calls for China to allow its currency to appreciate. (This is an excerpt of the full interview. Source: Bloomberg)



Wednesday, March 17, 2010

The Dollar Is Going to Suffer says Axel Merk

"The Greek tragedy is going to continue [and] there will be some ups and some down," says Axel Merk, founder and president of Merk Investments and author of Sustainable Wealth.
"People should have much more confidence in the euro to stomach any shock that would come from Greece," he says. "Ultimately, people can print money much [easier] in the U.S. than elsewhere in the world and the U.S. dollar is going to suffer because of that," he explained



Thursday, March 11, 2010

Martin Feldstein More worried about the US Dollar than the Euro despite the drop

Dollar vs Euro

Feldstein Says Euro's Fall an `Overreaction' Over Greece



March 11 (Bloomberg) -- Harvard University professor Martin Feldstein said the euros 4.6 percent decline against the dollar this year has been an "overreaction" stemming from the financial crisis in Greece. Bloomberg's Sara Eisen reports. (Source: Bloomberg)

Wednesday, March 10, 2010

Strong Chinese Exports Cause Aussie Dollar to Soar

Yuan vs Dollar
Yesterday’s price action in the currencies versus the dollar was a drag, man… We did, however, see the higher yielding currencies begin to move away from the pack of currencies led by the euro (EUR). That move higher by the likes of Australia (AUD), Brazil (BRL), South Africa (ZAR), and others, carried over through the overnight sessions, so, as we start today, they are stronger versus the dollar… In fact, the Aussie dollar is near a 7-week high this morning.

Another thing helping to boost the Aussie this morning was the news overnight that China reported that exports had increased the most in three years, last month… For those of you keeping score at home… That’s a 46% increase in exports during February for China! Now… I can hear some of the new readers saying, what in the world do China’s exports have to do with the Aussie dollar rising? Ahhh grasshopper, come sit…

You see, Australia is a raw materials (commodities) rich country, which supplies China with all the raw materials they need to build their infrastructure. When China slowed down, it caused a chain reaction to Australia… But… As we’ve seen in the past nine months, China was the first to come out of the economic slowdown, and this report confirms that they are hitting on all 8 cylinders right now… So, as the old saying goes… What’s good for the goose is good for the gander… And what’s good for China is good for Australia!
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Thursday, March 4, 2010

Short The Euro : NY Forex Market Buzz - Mar 3

Forex TV - Aspen Trading Group's Dave Floyd covers mid-session forex trading.

Monday, March 1, 2010

Piron of JPMorgan Likes South Korea Won, Indonesia Rupiah

JPMorgan's Piron Likes South Korea Won, Indonesia Rupiah

March 1 (Bloomberg) -- Claudio Piron, head of Asia currency research in Singapore at JPMorgan Chase & Co., talks with Bloomberg's Susan Li about the outlook for global currencies including the Chilean peso, Thai baht, Indonesian rupiah, South Korean won and Taiwan dollar. (Source: Bloomberg)




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