I’m tiring of reading all the professional Wall Street analyst types frame the outlook for the USD in terms of risk appetite. That’s the old paradigm. We’re in a new economy that is being “fundamentally transformed,” and the same old assumptions don’t apply. That’s why many pros are having to admit that they are confused [...]
There is little doubt in my mind that George Soros is attempting to do to the USD what he did to the GBP in 1992. He is part manipulating and part cashing in on the impending crash of the dollar. Is he to blame for it completely? Of course not. But I believe he’s spouting [...]
My overriding thesis is that Obama is going to be spending and printing money faster than the EU. This should drive a fundamental rally in the Euro vs. the Dollar. This could change, of course…with Greece’s problem’s coming to light again in September, worries of a Greek Default will once again plague the Euro and [...]
Probably the most common (and liquid) way to short the US Dollar on the ForEx, or foreign exchange for currency trading, is to buy the EUR/USD currency pair. In essence, you are buying Euros with US Dollars. If you believe, like I do, that the economy is going to be in the tank for along [...]
If you are new to currency trading, the Euro is a good place to get your feet wet. The Euro is traded in the major currency pair called EUR/USD, which is to say that when you buy the pair, you are buying Euros and selling US Dollars. Remember, the first currency in the pair is [...]