Dollar Needs to Drop Further

Oct. 29 2010 | The dollar will need to drop a lot more than the Fed thinks if it's to meet the central bank's inflation target, according to a Goldman Sachs report. Dan Haugh, president of PTI Securities & Futures, has analysis.

Is Dollar Headed for a Crash?

Mon. Oct. 25 2010 | Is the sinking U.S. dollar headed for a full fledged dollar crash? Art Laffer, Laffer investments and Brian Kelly, Kanundrum Capital.

FX Markets Eye Upcoming Fed Meeting

Mon. Oct. 25 2010 | Peter Whitley, senior FX analyst at Thomson Reuters shares his analysis of the latest moves in the currency markets with CNBC's Chloe Cho, Maithreyi Seetharaman and Jackie DeAngelis

Whats a US Dollar Worth? : The Fed, Money as Debt

Many ask: What is "Injecting Liquidity"? Do Deficits matter? Where is the US Dollar going with this war spending and Debt?

See more: Paul Grignon's 47-minute animated presentation of "Money as Debt"

"Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers."
- Congressman Ron Paul

""The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value... Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."
---Alan Greenspan

All Eyes on the Dollar - Dr Bob Froehlich

Dr. Bob Froehlich of The Hartford Financial Services Group discusses China, the markets and the path of the dollar.

Euro to Rise Further vs Dollar: Charts

Oct. 19 2010 | The euro's recent gains against the dollar are set to continue for the meantime, but investors should be cautious as the greenback's declines could be about to change, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC Tuesday.

Iraqi dinars hot prospect for Israeli speculators

Speculators around the world, including Israel, have their eyes set on the Iraqi dinar, which they hope will skyrocket back to its prewar value, bringing them a six-digit profit.

International currency war looming? (15Oct10)

A currency war looms between certain countries under pretext of driving their export industries. This race to the bottom disguises the NWO desire for a one world currency.

Recorded from Sky News, 15 October 2010.

Yen Reaches 15-Year High Versus Dollar

Oct. 14 (Bloomberg) -- http://www.bloomberg.com/news/2010-10...

The yen climbed to its highest level against the dollar since April 1995. Japan's Prime Minister Naoto Kan said excessive currency movements are undesirable and the government will take action if necessary. Bloomberg's Sarah Eisen reports.

The Dollar Edges Up against the Yen and the Euro

In today's market report... the dollar edged up against the yen and euro, boosted by uncertainty about Japanese currency intervention plans.

Wariness that Japanese authorities may buy dollars again with the yen lifted the dollar mildly.

Currency speculators boosted bets against the dollar last week to $30 billion, the largest amount since mid-2008.

The dollar's mild gains did not boost the Japanese share market, which was lower at the midday break after a one-day holiday.

Fast Retailing tumbled after the Uniqlo chain operating forecast its first annual profit fall in four years, although still hitting almost $1.4 billion.

Elsewhere in Asia, investors were seen as cautious awaiting earnings reports this week from technology giant Intel and GE.

Andrew Freris, Global Forex War

Andrew Freris, senior investment strategist for Asia, BNP Paribas Wealth Management, shares his perspective on the currency debate that is raging across the globe and threatens to grow wider.

The Yuan Debate

Labeling China as a currency manipulator is unproductive, says guest host, Kirby Daley of Newedge Group. He highlights the economic implications of a stronger yuan and tells CNBC’s Karen Tso and Sri Jegarajah, that it will also raise the sensitive issue of China expanding its global reach with asset purchases.

Currency Tensions Will Get Worse

Oct. 12 2010 | Robert Prior-Wandesforde, Director non-Japan Asia economics at Credit Suisse said he can’t see China accelerating the pace of appreciation against the US dollar significantly. “If anything, these tensions are going to get worse.” China won’t want to give the impression it is bowing to international pressure, he said.

Death Of Dollar Via Gold Silver Manipulation? Mike Maloney

http://www.goldsilverdvd.com Hi folks. This is a response to the question from BGBurch, thanks mate. There has been so much talk about manipulation lately...word is really getting out. There are two chapters devoted to it in the film "Why Gold and Silver?", but I figured now would be a good time to post some of Mike's thoughts from last week on this topic. This is just a short snippet of a two hour conversation, eventually we will edit this into another production but for now here's a raw untouched clip. More to follow. Trailers for the movie coming shortly. Exciting times huh? How do you feel about all this?

Beware of Euro Dips vs Dollar

The euro is likely to continue its rise against the dollar in the long term, but investors should watch out for setbacks in the near term, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday.

Currency Wars: World Seeks to Decouple from U.S. Economy

RussiaToday--October 09, 2010--As the world struggles with recession, there are fears that some countries could use their currencies as economic weapons. While financial leaders discuss a recovery, many say that the global economy is trying to break off from the U.S. RT's Lauren Lyster found out whether this shift in power already happened.

Yen Strong Despite Bank of Japan Moves

In today's market report... the yen remained strong against the dollar, despite words from the Japanese central bank chief that it's affecting the nation's economy.

Bank of Japan Governor Masaaki Shirakawa, who's in Washington for the Group of Seven nations meeting, says the sharp yen rises weaken business sentiment and corporate profit.

Japan cut interest rates to zero this week and intervened in September to weaken the yen, but the currency has showed persistent strength.

Shares in Japan were flat early Friday, with the yen near a 15-year peak against the dollar.

Shirakawa says he hopes to explain the Bank of Japan's interest cutting decision when he meets counterparts on Friday.

U.S. payrolls data later in the day, as well as comments from the G7, are expected to keep Japanese and Asian investors in a wait-and-see stance.

World Bank Warns Of Global Currency Tensions

President of the World Bank Robert Zoellick has warned that gobal currency tensions need to be resolved. With IMF and World Bank meetings due this weekend, China in particular is under pressure to let its currency rise.

World Bank President Robert Zoellick said on Thursday currency tensions could lead to trouble if not properly managed.

[Robert Zoellick, World Bank President]:
"History shows there is no future in beggar-thy-neighbor policies and in an increasingly connected world we need not just to be conscious of the negative effects that policies can have on others, but we need to act accordingly. Today we face currency tensions. Tensions can lead to trouble if not properly managed."

IMF and World Bank meetings this weekend are expected to involve intense discussions about efforts to persuade China to let its currency rise.

China held the yuan stable during the financial crisis but in June promised to let it respond more freely to market forces -- yet since then it has risen only about 2 percent against the U.S. dollar.

Zoellick says China's currency should appreciate, but that is not a "silver bullet" in solving global imbalances.

He says the U.S bears responsibility as well.

[Robert Zoellick, World Bank President]:
"The U.S. has the reverse situation. It has relatively lower savings and higher consumption, so these will be issues the U.S will need to deal with in terms of spending and budget issues."

The IMF warned that the task of reducing heavy government debt burdens, while essential, would put a significant drag on those economies.

Slow growth at home leaves countries unusually reliant on exports, and this has heightened concerns they will intentionally weaken their currencies to boost trade.

Inflation Nation Dollar Destruction

Discussing the demise of the American dollar, with Rep. Brad Sherman (D-CA) and Rep. Jeb Harnsarling (R-TX).

Dollar Tumbles as Fed Prepares to Print More Money

Reuters
October 7, 2010
The dollar’s downtrend gathered pace on Thursday as it slid to a 15-year low versus the Japanese yen and an all-time low against the Swiss franc on the prospect of more money-printing by the U.S. Federal Reserve.

The Australian dollar surged to a 27-year high against its U.S. counterpart after surprisingly strong jobs data revived talk of a Reserve Bank rate hike, while broad dollar selling pushed the euro to an eight-month high.
Read entire article

Cashing In on the Yuan

Cashing In on the Yuan: China Watch

NEW YORK -- Contributor Peter Navarro and his analytic team of Greg Autry and Jaysen Harris detail the current state of the Chinese yuan and how investors can play the situation.

Fri 10/01/10 12:46 PM EST -- Brittany Umar

Stocks in this video: TGT | CYB | WMT | M | COST | BJ | FXI