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The asset with the greatest prowess of late has been the U.S. dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies. The greenback's recent gains have lifted the dollar index - a measure of the dollar's

The suppression of gold prices is essential at all costs to the Anglo-American banking interests. The saber rattling and attempts to lure Russia and China into military conflict are about who controls the financial world. Russia and China keep

It is "Mission Accomplished" for BofAML's Macneil Curry's EURUSD short. Thanks to Draghi's moar-negative-rate-cut, EURUSUD pushed through Cury's objective and we note has now stabilized at 14-month lows around 1.30 the figure. Curry's fear now, given

If you’re looking around right now for a new bank account that pays a reasonable rate of return, ANZ bank has a hell of a deal for you: 0%! That’s right. ANZ is offering its depositors absolutely zero interest. Now, a bank paying 0% isn’t exactly

It was a public holiday throughout North America on Monday but that didn’t stop it from being a volatile week in FX markets. GBP initially bounced higher early on in the week, but it didn’t last long as a YouGov poll released on Tuesday showed that

Economic data in the U.S shows that ever since the Great Recession rich families have increased their fortunes, while poor families have seen a cut to their incomes, this is according to the Federal Reserve. In the three years between 2010 and 2013

There’s not a single day that we’re not treated to more smart treats about stimulus measures. Are they necessary, are they good, are they bad, who profits from them. It gets really long in the tooth. Today, former ECB head Trichet says unlimited

Sterling dropped the most in more than a year versus the dollar as opinion polls highlighted the risk Scotland will vote for independence next week, potentially splintering the U.K.’s 307-year-old union. Britain’s currency slid to the weakest against

Anyone looking at the Federal Reserve's own data set, that provided with the generous "free" funding of the US taxpayer by way of the St. Louis Fed's FRED database, will notice something quite welcome, if magical: total US debt held by the public -

The big news at the moment is in the UK, where it looks like there's a real chance that Scotland might vote to leave Great Britain in a referendum that's coming up on Sept. 18. Up until very recently, the conventional wisdom was that it would be a

An expected rise in interest rates over the next year will help the largest U.S. banks earn billions of dollars in additional net interest income, setting up their cheap stocks for what could be a stellar run. You might be surprised to be reading

Pending Home Sales fell 2.7% year-over-year making this the 10th month of falling YoY sales. This print beat expectations of a 3.5% decline but last month's data was revised lower to a 4.7% decline. MoM sales jumped 3.3% but the series has been

Has Germany had enough? Hot on the heels of Mario Draghi's 'demands' that EU leaders undertake "structural reforms" to boost competitiveness and overcome the legacy of Europe's debt crisis, German Finance Minister Wolfgang Schaeuble unleashed perhaps

thread dedicated to USDCAD news

Having flip-flopped from forecasting EUR strength for the next 12 months in April (target 1.40), Goldman has rapidly ratcheted down its expectations for the flailing currency to 1.30 previously and now forecasts EURUSD at 1.20 in 12 months. As

One of the great economic myths of our time is Japan’s “lost decades.” As Japan doubles-down on inflationary stimulus, it’s worth reviewing the facts. The truth is that the Japanese and US economies have performed in lock-step since 2000, and their

Faith that the future will be better than the present is slipping, as despite President Obama's demands that Americans not be "cynics," a new report shows there is a major lack of confidence that the next generation will have it better than the last

The European Central Bank meeting on Thursday is the prime event for markets seeking clarity on the bank's response to a stalled recovery, disappearing inflation and the sluggish pace of reform in the euro zone. Inflation in the 9.6 trillion euro

The week ahead is packed with events and data. The monthly cycle of purchasing managers surveys and the US jobs report are featured. There are also central bank meetings in six, high-income countries and three emerging markets. Given the recent

One of the most interesting examples of central bank intervention -- that has created some great opportunities for traders -- is the SNB's repeated statements, supported by actual intervention, to ensure EUR/CHF does not fall below 1.20. As the chart