thenews / Profile

For years, since the financial crisis, the Fed has used "Quantitative Easing" as a means of easing monetary policy. Quantitative Easing (or "QE") is the process by which the Fed buys government bonds in order to push down yields, add liquidity to the

The euro's exchange rate against the dollar will fall to $0.95 by 2017, taking the single currency back below parity for the first time in more than a decade, according to a report by Deutsche Bank. The call by Germany's biggest bank, the world's

Each currency pair has its own trading characteristics, with some enjoying a better technical behavior than others. A more predictable currency pair either slows down ahead of a clear support or resistance line, or conversely makes a convincing break

No single stock market forecasting model is infallible. It's an unsettling thought. But it's true. And some of the most respected stock market experts would warn that even the most reliable and consistent models are capable of breaking down. In his

"We expect this EUR depreciation trend to be a multi-year one, returning EURUSD to lows not seen in over a decade. As a market consensus develops around this idea, we expect already negative hedging costs at a multi-year horizon to accelerate the

In 1993, a prospector named Michael de Guzman walked out of the jungles of Borneo with extraordinary news: he found gold. This is according to MasterMinds, a Canadian true crime documentary television series produced by truTV. For the next three

I really liked this piece by Matt DiLallo on why gold is so hated by Warren Buffett. He provides the juicy details, but I’ll give you the quick and dirty rundown: Gold is an unproductive asset. Gold is valuable largely because people believe it’s

Probably most people would agree that the people paid by the U.S. government to regulate Wall Street have had their difficulties. Most people would probably also agree on two reasons those difficulties seem only to be growing: an ever-more complex

The euro will weaken more than 5 percent against the dollar by June in a slide that option traders forecast will be slower than the tumble during Europe’s debt crisis in 2012, according to Nomura Holdings Inc. The CHART OF THE DAY shows that hedge

The euro fell to a two-year low against the dollar as slowing inflation in the 18 nations that share the currency boosts the case for extra stimulus from the European Central Bank to avert deflation. Already undermined by ECB President Mario Draghi’s

The European Central Bank meets tomorrow. The focus is on the details of the asset-backed securities and covered bond plan that was announced last month. There are three key issues related to this new initiative: What instruments will be purchased

Against a consensus expectation of 215,000, Goldman forecast a 230,000 increase in September nonfarm payroll employment and a one-tenth decline in the unemployment rate to 6.0% (vs. consensus 6.1%). Overall they think the available employment

The euro hit fresh two-year lows against the U.S. dollar on Tuesday, as the release of disappointing euro zone consumer price inflation data fuelled further concerns over the threat of deflation in the region, while demand for the greenback remained

It’s not just homeowners who have to worry about rising interest rates, the Federal government might soon get a taste of its own medicine. With the Fed doing all it can to stimulate inflation, increases to interest rates are taking a front seat

The U.K. government plans to sell the world’s first non-Chinese sovereign bond denominated in renminbi, to finance the nation’s foreign-currency reserves. The issue is a “real landmark in the development of the renminbi as an international currency,”

The pound, already suffering its worst month in more than a year, has the potential to tumble 10 percent should the Scots vote for independence from the U.K., according to economists surveyed by Bloomberg. A victory by Scottish First Minister Alex

At 2.61%, the yield on the 10-year U.S. Treasury note is at its highest level since July. But it's still extremely low. Folks like hedge fund manager David Tepper believe that yields are heading higher from here. But according to Deutsche Bank's

Yellen Looking For Consensus Like Ben Bernanke, Janet Yellen appears to be a leader in search of consensus. After artificially holding down interest rates and pumping gobs of money into the financial system, the Fed faces the near-impossible task of