Blog posts tagged with 'U.S. Dollar'

Angry Greek Voters Punish Leaders over Austerity at the Ballot Box
http://news.yahoo.com/angry-greek-voters-punish-leaders-over-austerity-ballot-093803784.html
Euro down, dollar up, gold down.

Greece might run out of cash by end-June if no government: sources
http://news.yahoo.com/greece-might-run-cash-end-june-no-government-141806050--business.html
Euro down, dollar up, gold down.

France’s Hollande Is “Bluffing” But Greek Vote Raises Real Concern: Kirkegaard
http://finance.yahoo.com/blogs/daily-ticker/france-hollande-bluffing-greek-vote-raises-real-concern-142511640.html?l=1
Euro down, dollar up, gold down.

Venezuela insists Chavez still leading as silence reigns
http://news.yahoo.com/venezuela-insists-chavez-still-leading-silence-reigns-150437300.html
Dollar up, foreign currencies down, foreign commodity based economies down.

No Repeating Slowdown Seen by U.S. With Banks to Housing
http://finance.yahoo.com/news/no-repeating-slowdown-seen-u-141158084.html?l=1
The U.S. Economy is ready for the Fed to raise the interest rates and strengthen the U.S. dollar.

Facebook Investors Should Be Worried By Pinterest Mania: Fortune’s Hempel
http://finance.yahoo.com/blogs/daily-ticker/facebook-investors-worried-pinterest-mania-fortune-hempel-145543971.html?l=1
Social Networks are a bubble with a following that will jump to the new thing, keep an eye on Pinterest.

Obama blames Congress for failed solar firm
http://news.yahoo.com/obama-blames-congress-failed-solar-firm-202902202.html
Solar is not economically feasible to replace oil, gas or coal as of yet.

Comex Gold Extends Gains As Dollar Softens, Crude Oil Rises
http://www.kitco.com/reports/KitcoNews20120323AS_goldupdate.html
Dollar down, oil and gold up, temporary, dollar will start going up again next week.

Exclusive: China, India plan Iran oil cuts of 10 percent or more
http://news.yahoo.com/exclusive-china-india-plan-iran-oil-cuts-10-144351557.html
Will not stop Iran from developing nuclear weapons. Will push price of oil up.
 
Zbigniew Brzezinski’s Strategic Vision: America and the Crisis of Global Power
http://finance.yahoo.com/blogs/daily-ticker/zbigniew-brzezinski-strategic-vision-america-crisis-global-power-134846648.html?l=1
Spin article. This is Jimmy Carter’s Secretary of State. That about says it all.
 
Some Doubt a Settlement Will End Mortgage Ills
http://finance.yahoo.com/news/doubt-settlement-end-mortgage-ills-114609628.html?l=1
This settlement will lower the mortgages by $2,000 to $4,000. How will that help.
 
A.M. Kitco Metals Roundup: Comex Gold Firmer Amid Greek Debt Deal, Weaker U.S. Dollar, Higher Crude Oil
http://www.kitco.com/reports/KitcoNews20120221JW_am.html
Temporary spike, a lot of promises, let’s see what really happens over time.

Euro near 17-month low vs dollar after mass downgrade
http://smallbusiness.yahoo.com/advisor/euro-near-17-month-low-vs-dollar-mass-054925823.html
Socialism is great until you run out of money. Europe is out of money which means the  Euro goes down,  and the dollar up.
 
China a harbinger for global slowdown
http://smallbusiness.yahoo.com/advisor/china-harbinger-global-slowdown-200245993.html
If you notice, the article states U.S. economy is the only economy that is growing, the U.S. is 25% of the world GDP, all money will fly to U.S., there is no world economy, just the U.S. economy.

Comex Gold Weakens as U.S. Dollar Index Extends Gains
http://www.kitco.com/reports/KitcoNews20120105JW_update.html
As the dollar stregnthens, gold prices will fall. 

Gold Prices Pop Past $1,600 as Dollar Flails
http://www.thestreet.com/story/11362857/1/gold-prices-pop-past-1600-as-dollar-flails.html
Everyone fled to safety (dollar at the end of the year), money came back into the market today, gold will start dropping off by end of week.

Greece: No second bailout, no euro
http://finance.yahoo.com/news/greece-no-second-bailout-no-141331172.html?l=1
Euro down, Dollar up, Gold down.

A.M. Kitco Metals Roundup: Comex Gold Sees Corrective Bounce As U.S. Dollar Index Backs Off, Crude Oil Gains
http://www.kitco.com/reports/KitcoNews20111118JW_AM.html
Third paragraph, 5 weeks of strengthening dollar. Started when Federal Reserve reversed its seven year policy of weakening the dollar with operation twist.

Automatic spending cuts a new threat to US economy
http://finance.yahoo.com/news/automatic-spending-cuts-threat-us-080312061.html?l=1
Federal Government is grid lock until Nov 3 2012. Hurt some industries but will strengthen the U.S. dollar.

Analysis: IMF can no longer avoid bigger role in eurozone
http://news.yahoo.com/analysis-imf-no-longer-avoid-bigger-role-eurozone-143527839.html
Spin. When they say IMF, they mean U.S. (25% of the funding for IMF). They are begging for the U.S. to bail them out.

The leaders in France and Germany have promised to strengthen the European banks, trying to stop a global debt crisis caused by Greece not having enough money to pay its debt. U.S. and Europe stocks rose sharply in response to this action. 

Micheal Sansoterra, a portfolio manager for Silvant Capital management in Atlanta, stated "The more we can put our arms around the problem with a little more detail, the better; and time frames usually help."

With the new help from France and Germany, the Euro strengthened against the U.S. dollar, showing that what is being done is helping. One of the banks needing to be rescued the most is the Franco-Belgian bank Dexia. Dexia owns large amounts of government bonds, which rely on the financial status of Greece. If Greece defaults on its debt, then Greek bonds lose their value, resulting in banks taking detrimental losses. U.S. banks would also be affected if Greece defaults on its debt because of their close ties to European banks and owning large amounts of Greek bonds. 

European banks are so fearful that a another credit crunch could happen that they are lot lending to each other, putting more pressure on overextended banks like Dexia.  This is what led to the E.C.B., European Central Bank, offering an unlimited amount of one-year loans to the regions banks until 2013 so they can still have credit. 

See Link: http://finance.yahoo.com/news/Stocks-jump-on-European-apf-1432038199.html?x=0