Forum - USD (Topic)

catnip

Frankfurt, Germany

Posted Anonymously

14 years ago

Aug 13, 2010 13:13

it is not qe however it is also not the expected mop up of excess liquidity...more or less the FED and the state programs to bolster up economy have failed. By theories of standard economy this not at all a surprise. Every credit bubble must end with mathematical precision in deflation that is a lack of cash. In other words, the liquidity injections are not backed by cash and the FED has never printed extra cash it has created trillions of extra liquidity but not trillions of cash.
Provided there is a world trade even in a deep recession this will propel the value of USD CASH up...cash cash cash. What your account reads is NOT CASH!!

Ashraf Laidi

London, UK

Posts: 0

14 years ago

Aug 13, 2010 12:37

Remember tio EXCLUDE AUTOS & GASOLINE in today's retail sales report. When u take them away, ull get FLAT reading and NOT the 0.5% or 0.6% expected.

July retail sales are expected +0.5% from -0.5%, with ex-autos seen +0.3% from -0.1%. But sales excluding autos and gasoline are seen flat, following +0.1% in June and -1.0% in May. The need to remove gasoline prices stems from lofty energy prices in July, which are expected to have boosted sticker prices at gasoline stations.

Ashraf

orange_trad

New York, New York, United States

Posts: 20

14 years ago

Aug 10, 2010 20:08

"To help support the economic recovery in a context of price stability, the Committee will keep constant the Federal Reserve's holdings of securities at their current level by reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities. The Committee will continue to roll over the Federal Reserve's holdings of Treasury securities as they mature."

How is this QEII?

bojan

Arizona , United States

Posted Anonymously

14 years ago

Aug 10, 2010 11:33

in a book "IN FED WE TRUST", Author David Wessel, describes events of 2008 crisis in great detail.
What I find interesting is to what length author went when describing Bernanke, and how important was to him to have unified vote on FOMC meeting. On some meetings, presidents would change their mind after the vote, out of the respect for the "Chairman's opinion".
We'll see soon what is the outcome of this FOMC meeting, and how they voted

b.

Qiman

New Mexico , United States

Posted Anonymously

14 years ago

Aug 9, 2010 22:02

Commodity spike queers the pitch for Bernanke's QE2

Don't be fooled: a food and oil price spike is not and cannot be inflationary in those advanced industrial economies where the credit system remains broken, the broad money supply is contracting, and fiscal policy is tightening by design or default.

It is deflationary, acting as a transfer tax to petro-powers and the agro-bloc. It saps demand from the rest of the economy. If recovery is already losing steam in the US, Japan, Italy, and France as the OECD's leading indicators suggest - or stalling altogether as some fear - the Eurasian wheat crisis will merely give them an extra shove over the edge.

Yields on two-year US Treasury debt fell last week to 0.50pc, the lowest in history. Core US inflation is the lowest since the mid-1960s. US business inflation (pricing power) is at zero. Bank lending is flat and securitised consumer credit has collapsed from $900bn to $240bn in the last year.
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7933235/Commodity-spike-queers-the-pitch-for-Bernankes-QE2.html

Carlco

bristol, UK

Posts: 151

14 years ago

Aug 9, 2010 21:21

http://bit.ly/c1anSw
maybe things in the US corps arent so bad.

Rhiwad

Singapore

Posted Anonymously

14 years ago

Aug 9, 2010 12:56

shhhhhh..

Ashraf Laidi

London, UK

Posts: 0

14 years ago

Aug 9, 2010 10:27

SP500 and USD TRENDS. Friday's late session buying in the US enabled the S&P500 to close ABOVE its 200-day MA of 1115 but has yet to close above its 100-day MA (last close was in May 13). Traders must keep on the lookout for the 1126-27 level, which currently represents that 100-day MA. As the gap between the 100 and 200 day MAs narrows, it increases chances of a price breakout from both averages. The USD INDEX closed Friday further below its 200-day MA, but on a WEEKLY basis, the price has yet to close below the 200-WEEK MA. Note that the USDX 200-week MA held well as a foundation in mid April and acted as a congestive support in Feb-Mar (80.05-10) . I expect the Fed to disappoint the markets tomorrow by NOT implementing any QE (only mention it as an option) which will help support USDX.

Ashraf

yojing22

Singapore

Posts: 4

14 years ago

Aug 8, 2010 18:14

How do japan keep their currency strong despite lost decade? and dont you think YEN is a doomed currency instead of USD? yen is just doom doom BOOM!

Passion Trader

Singapore, Singapore

Posts: 52

14 years ago

Aug 8, 2010 13:18

This article and video said US would be like Japan, entering into the lost decade soon.
http://www.zerohedge.com/article/japan-redux-case-study-upcoming-us-lost-decade