Archived IMT (2009.05.08)
Dollar battered across the board; EURUSD hits 2 month highs at $1.3620, making its biggest weekly jump since the week of the March 18 when the Fed announced the purchase of LT treasuries. Soaring stocks are driving down USD across the board and JPY down against all currencies except for USD. The plummeting dollar is MAKING CHINA NERVOUS to the extent that Chinas ambassador Zhou remarked China will continue buying treasuries and that the dollar will remain the worlds reserve currency for some time and that the idea of a new global currency was more of a scholarly exploration.
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ندوة مساء الثلاثاء مع أشرف العايدي
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Some August Seasonals
by Adam Button | Jul 31, 2020 15:48
From Fed to Q2 GDP
by Adam Button | Jul 30, 2020 12:50
What Does the Fed See?
by Adam Button | Jul 29, 2020 17:32