Gold Stocks Today » EUR

Currencies Hold Ground Ahead of Jobs Jamboree

Chuck Butler — Fri, 03 Feb 2012 17:25:54 +0000

This morning, the currencies look pretty much like they did yesterday when I left the office… There’s still the Sword of Damocles hanging over the euro (EUR), in the form of Greek negotiations to obtain help from private lenders. This has dragged on now for over two weeks, and I’ve given up on it happening… [...]

Currencies Hold Ground Ahead of Jobs Jamboree originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Who’s Still OK With Deficit Spending Now?

Chuck Butler — Thu, 02 Feb 2012 17:01:36 +0000

I had to laugh yesterday when the New York traders came in and didn’t sell the currencies right away… I said to myself, “Self, maybe the ‘big boys’ read the Pfennig and now know that I’ve uncovered their ‘game,’ so they have to lay low for a while!” HA! Whatever the case, the currencies held [...]

Who’s Still OK With Deficit Spending Now? originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Currencies Rally on Eurozone Agreement

Chuck Butler — Tue, 31 Jan 2012 17:15:38 +0000

The currency rally that stalled yesterday was back on last night… I have to tell you that I was up most of the night on Sunday and after getting poked and stuck at the doctor’s office yesterday, I went home, straight to my recliner and slept for the next five hours! Then I woke up, [...]

Currencies Rally on Eurozone Agreement originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Greece Disappoints Again!

Chuck Butler — Mon, 30 Jan 2012 18:08:35 +0000

Here we are… The last couple of days of January… So the first month of 2012 is just about over, and already, we’ve heard the Fed push their rate forecast for near zero rates out further, and the Fed laying the groundwork for another round of QE… But… When we began the month/year, everyone was [...]

Greece Disappoints Again! originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Big Ben Discusses Another Round of Quantitative Easing

Chuck Butler — Thu, 26 Jan 2012 17:07:30 +0000

Good day… And a Tub Thumpin’ Thursday to you! I wonder what I’ll talk about today…. Hmmmm… Could it be…. The Fed meeting? Oh, you are so smart! In case you missed this yesterday, because I’m sure the major media outlets couldn’t muster up enough intestinal fortitude to do it, but the Fed threw a [...]

Big Ben Discusses Another Round of Quantitative Easing originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Home Prices Keep Falling

Chuck Butler — Mon, 23 Jan 2012 16:35:32 +0000

Good day… Should be an interesting week, as the ECOFIN people meet and Greece is still working on their debt and… this will be my first full week of work in over a month, so all in all, pretty interesting! What I also found interesting on Friday was the price action of silver… I don’t [...]

Home Prices Keep Falling originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

China to Show More Manufacturing Weakness?

Chuck Butler — Fri, 20 Jan 2012 16:47:43 +0000

What looked like a workable situation for Greece and private creditors has taken a turn that has the euro (EUR) vulnerable again this morning. It’s not as if the situation is unworkable. It’s just that they are struggling to come to an agreement, and since it’s not as smooth as Jiffy, then the Chicken Littles [...]

China to Show More Manufacturing Weakness? originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Do Investors Pay Attention To Ratings Agencies?

Chuck Butler — Wed, 18 Jan 2012 16:37:03 +0000

Both Germany and the IMF have cut their growth forecasts for this year. Germany for Germany, and the IMF for global growth… But both are cutting their forecasts because of the same thing… Eurozone weakness, due to the debt problems, which are pushing austerity measures, which will cut growth for certain! But the IMF did [...]

Do Investors Pay Attention To Ratings Agencies? originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Ratings Agencies Make it Tough on European Leaders

Chris Gaffney — Tue, 17 Jan 2012 16:07:05 +0000

The European leaders were battling a pretty major storm that the ratings agencies helped create late last week when S&P cut the ratings on 9 euro-region countries. The most dramatic move was the loss of France’s AAA rating, leaving Germany as the sole AAA rated country in the currency union. Austria also lost its AAA [...]

Ratings Agencies Make it Tough on European Leaders originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Euro Reverses Slide in Short Squeeze

Chuck Butler — Mon, 09 Jan 2012 16:51:04 +0000

The Jobs Jamboree on Friday proved to be a real boost for the economy and the dollar, which rallied on a “strong jobs number” for the first time in a month of Sundays. I highlight “strong jobs number” because, this is what this has come to… 200,000 jobs were created, so says the Bureau of [...]

Euro Reverses Slide in Short Squeeze originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.