BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Options Update: CurrencyShares Japanese Yen Trust Overall Volatility Elevated as Yen Rallies]]>http://www.bloggingstocks.com/2011/03/17/options-update-currencyshares-japanese-yen-trust-overall-volati/http://www.bloggingstocks.com/2011/03/17/options-update-currencyshares-japanese-yen-trust-overall-volati/http://www.bloggingstocks.com/2011/03/17/options-update-currencyshares-japanese-yen-trust-overall-volati/#commentsFiled under: , , ,

CurrencyShares Japanese Yen Trust (FXY) closed up 1.2% in pre-open trading. Overall option implied volatility of 15 is above its 26-week average of 11, according to Track Data, suggesting larger price movement.

Red Hat Inc. (RHT) April 44 calls were active on 26K contracts. April and June call 40 call option implied volatility is at 43. This is compared to its 26-week average of 39 according to Track Data, suggesting traders taking positions for larger movement into Q4 results expected to be released on March 23.

Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: CurrencyShares Japanese Yen Trust Overall Volatility Elevated as Yen Rallies originally appeared on BloggingStocks on Thu, 17 Mar 2011 17:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>currencyFXYInthenewslinuxoptionsred hatRhtyenThu, 17 Mar 2011 17:45:00 EST<![CDATA[Top Picks 2011: ProShares UltraShort Yen (YCS)]]>http://www.bloggingstocks.com/2011/01/04/top-picks-2011-proshares-ultrashort-yen/http://www.bloggingstocks.com/2011/01/04/top-picks-2011-proshares-ultrashort-yen/http://www.bloggingstocks.com/2011/01/04/top-picks-2011-proshares-ultrashort-yen/#commentsFiled under: , , , , ,

yenThis post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011. This special report is courtesy of TheStockAdvisors.com.

"Bloomberg recently reported that China has recorded two straight months of reducing its holdings of Japanese debt; t.his suggests that the Japanese yen has reached the point where it's become too 'strong' for its own good -- or at least for China's taste," says global stock specialist Keith Fitz-Gerald.

The editor of The New China Trader explains, "Considering China has become the world's de facto financier, we'd be wise to pay attention.

Continue reading Top Picks 2011: ProShares UltraShort Yen (YCS)

Top Picks 2011: ProShares UltraShort Yen (YCS) originally appeared on BloggingStocks on Tue, 04 Jan 2011 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011 stock pickscurrenciesjapanKeith Fitz-Geraldnew china tradersteven halpernstock picks for 2011thestockadvisors.comycsyenyen shortingTue, 04 Jan 2011 10:40:00 EST<![CDATA[Euro Currency Trust Volatility Flat]]>http://www.bloggingstocks.com/2010/11/26/euro-currency-trust-volatility-flat/http://www.bloggingstocks.com/2010/11/26/euro-currency-trust-volatility-flat/http://www.bloggingstocks.com/2010/11/26/euro-currency-trust-volatility-flat/#commentsFiled under: ,

Euro Currency Trust (FXE) closed down 0.6% to 131.93 , near its 100-day moving average of 132.47. Overall option implied volatility of 13 is near its 26-week month average according to Track Data, suggesting non-directional price movement.

CurrencyShares Japanese Yen Trust (FXY) closed down 0.62% to $117.68. The FXY reflects the price of Japanese Yen plus accrued interest. FXY over all option implied volatility of 11 is near its 26-week average according to Track Data, suggesting non-directional price movement.

Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.

Euro Currency Trust Volatility Flat originally appeared on BloggingStocks on Fri, 26 Nov 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>currencyeuroFXEinthenewsoptionsyenFri, 26 Nov 2010 17:00:00 EST<![CDATA[Brazil: World Is in a 'Currency War']]>http://www.bloggingstocks.com/2010/09/27/brazil-world-is-in-a-currency-war/http://www.bloggingstocks.com/2010/09/27/brazil-world-is-in-a-currency-war/http://www.bloggingstocks.com/2010/09/27/brazil-world-is-in-a-currency-war/#commentsFiled under: , , , ,

One disastrous international trade policy of the 1930s concerned tariffs: nations increased tariffs on imports to protect domestic industries; when applied universally, it resulted in declining export sales and trade volumes. Tariffs made the Great Depression worse.

Now, it appears, nations are on the verge of implementing another counter-productive policy -- manipulating currencies -- and if public officials are not careful, a similar downward spiral in international trade could occur.

Continue reading Brazil: World Is in a 'Currency War'

Brazil: World Is in a 'Currency War' originally appeared on BloggingStocks on Mon, 27 Sep 2010 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>currency wardollarfeaturedglobal economygreat depressioninthenewsrealyenyuanMon, 27 Sep 2010 15:40:00 EST<![CDATA[Will the Bank of Japan Intervene Again to Weaken Yen vs. Dollar?]]>http://www.bloggingstocks.com/2010/09/24/will-the-bank-of-japan-intervene-again-to-weaken-yen-vs-dollar/http://www.bloggingstocks.com/2010/09/24/will-the-bank-of-japan-intervene-again-to-weaken-yen-vs-dollar/http://www.bloggingstocks.com/2010/09/24/will-the-bank-of-japan-intervene-again-to-weaken-yen-vs-dollar/#commentsFiled under: ,

The yen weakened early Friday on speculation that the Bank of Japan will re-enter the currency market to further sell the yen to protect exports, Bloomberg News reported.

That sets up a classic struggle between the Bank of Japan, which has already intervened this month --- selling the yen to weaken the currency versus the dollar -- and yen-bullish institutional investors, who believe market forces will be stronger, and ultimately lead to a stronger yen versus the buck.

The yen weakened early Friday, rising as much as 1 yen to 85.38 yen to the dollar, before strengthening late Friday afternoon, to 84.29.

Continue reading Will the Bank of Japan Intervene Again to Weaken Yen vs. Dollar?

Will the Bank of Japan Intervene Again to Weaken Yen vs. Dollar? originally appeared on BloggingStocks on Fri, 24 Sep 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auto exportsBank of JapandollarexportsinthenewsyenFri, 24 Sep 2010 18:00:00 EST<![CDATA[Closing Bell: The Market Advances Without Conviction (BA, YHOO)]]>http://www.bloggingstocks.com/2010/09/15/closing-bell-the-market-advances-without-conviction-ba-yhoo/http://www.bloggingstocks.com/2010/09/15/closing-bell-the-market-advances-without-conviction-ba-yhoo/http://www.bloggingstocks.com/2010/09/15/closing-bell-the-market-advances-without-conviction-ba-yhoo/#commentsFiled under: , , , , ,

The market ignored intervention on behalf of Japan to drive down the value of the yen and an anemic improvement in August industrial output, which was only up .2%, to post a very modest gain for the day.

Today's closing bell numbers:

Dow Jones 10,572.73 +46.24 (0.44%)
S&P 500 1,125.07 +3.97 (0.35%)
Nasdaq 2,301.32 +11.55 (0.50%)

Continue reading Closing Bell: The Market Advances Without Conviction (BA, YHOO)

Closing Bell: The Market Advances Without Conviction (BA, YHOO) originally appeared on BloggingStocks on Wed, 15 Sep 2010 16:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>airbusAlibaba GroupBAjapanworld trade organizationyenYHOOWed, 15 Sep 2010 16:10:00 EST<![CDATA[Japan Intervenes to Push Yen Lower; Nikkei Rallies]]>http://www.bloggingstocks.com/2010/09/15/japan-intervenes-to-push-yen-lower-nikkei-rallies/http://www.bloggingstocks.com/2010/09/15/japan-intervenes-to-push-yen-lower-nikkei-rallies/http://www.bloggingstocks.com/2010/09/15/japan-intervenes-to-push-yen-lower-nikkei-rallies/#commentsJapan finally intervened in foreign exchange markets for the first time since 2004 to stop the relentlessly rising yen, pushing it sharply lower. As a result, Japanese stocks surged over 2%, led by exporters.

Following Tuesday's win of Prime Minister Naoto Kan in a party vote, the yen set a fresh 15-year high. But a persistently rising yen -- it jumped more than 11% against the dollar so far this year through Tuesday -- is undermining Japan's fragile economic recovery, as it makes exports less competitive overseas. And Japan's economy is highly reliant on exports.

So far, Japan has only expressed verbal concern to try to affect the currency as the previous intervention in 2004 was expensive and its success still controversial. But on Wednesday, Japan confirmed it sold the yen in the market. The dollar rose more than 2% from below ¥83 to over ¥85. The euro, sterling and the Australian dollar also rose against the yen, though traders doubted Japan had bought anything but dollars for yen, Reuters reported.

Continue reading Japan Intervenes to Push Yen Lower; Nikkei Rallies

Japan Intervenes to Push Yen Lower; Nikkei Rallies originally appeared on BloggingStocks on Wed, 15 Sep 2010 06:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>currencyexchange marketsfeaturedinterventioninthenewsjapanyenyen dollarWed, 15 Sep 2010 06:15:00 EST<![CDATA[Gold Prices Surge to New Record High on Global Economic Concerns]]>http://www.bloggingstocks.com/2010/09/14/gold-prices-surge-to-new-record-high-on-global-economic-concerns/http://www.bloggingstocks.com/2010/09/14/gold-prices-surge-to-new-record-high-on-global-economic-concerns/http://www.bloggingstocks.com/2010/09/14/gold-prices-surge-to-new-record-high-on-global-economic-concerns/#commentsFiled under: , , , ,

record high gold pricesGold prices are on the move today, rising sharply and setting a new record high as traders look to the precious metal as a safe haven in an uncertain global economy.

Gold prices are currently up $25.90 to $1,271.50 an ounce, just a bit shy of the record high price of $1,274.50 it set earlier in the day.

Continue reading Gold Prices Surge to New Record High on Global Economic Concerns

Gold Prices Surge to New Record High on Global Economic Concerns originally appeared on BloggingStocks on Tue, 14 Sep 2010 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>dollareuroEuropeGFMS. Ltd.global economygoldgold pricesinflationinthenewsyenTue, 14 Sep 2010 14:40:00 EST<![CDATA[China Warns of Currency Depreciation]]>http://www.bloggingstocks.com/2010/09/04/china-warns-of-currency-depreciation/http://www.bloggingstocks.com/2010/09/04/china-warns-of-currency-depreciation/http://www.bloggingstocks.com/2010/09/04/china-warns-of-currency-depreciation/#commentsFiled under: , ,

China CurrencyChina's currency reserves are estimated at $2.45 trillion dollars. While hard data is a state secret, some information was obtained from the China Security Journal and reported by Reuters.

Roughly 65% of China's currency reserves are in U.S. dollars, 26% in euros, 5% in pounds and 3% in yen. With such a huge sum outstanding, Chinese officials are afraid of depreciation. Hu Xiaolian, vice governor of the Peoples Bank of China, writing in China Finance said: "Once a currency's value becomes unstable, there will be quite large depreciation risks for assets."

Continue reading China Warns of Currency Depreciation

China Warns of Currency Depreciation originally appeared on BloggingStocks on Sat, 04 Sep 2010 09:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Chinacurrency depreciationdollarfeaturedinthenewsyenSat, 04 Sep 2010 09:40:00 EST<![CDATA[Dollar Could Hit 15-Year Low Against the Yen, Analyst Says]]>http://www.bloggingstocks.com/2010/08/10/dollar-could-hit-15-year-low-against-the-yen-analyst-says/http://www.bloggingstocks.com/2010/08/10/dollar-could-hit-15-year-low-against-the-yen-analyst-says/http://www.bloggingstocks.com/2010/08/10/dollar-could-hit-15-year-low-against-the-yen-analyst-says/#commentsFiled under: , ,

dollarThe U.S. dollar could drop below 84 yen, according to Gaitame.com Research Institute. Gaitame uses a technical tool called the Bollinger Band, named after its founder John Bollinger. Bollinger bands predict 95% of a security's movement using moving averages and standard deviations. The bands show the dollar bouncing off the lower band six times in the past four weeks. This suggests a strong downward trend.

Traders are watching the 84.50 yen level. If it is broken, the next stop is the 84.00 yen level. The dollar has not breached the 84.00 level since 1995. If the dollar breaches the 84.00 yen level, the next stop is 83.00.

Continue reading Dollar Could Hit 15-Year Low Against the Yen, Analyst Says

Dollar Could Hit 15-Year Low Against the Yen, Analyst Says originally appeared on BloggingStocks on Tue, 10 Aug 2010 09:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>dollareurofeaturedinthenewsyenTue, 10 Aug 2010 09:30:00 EST<![CDATA[Will Japan Prop-Up Dollars and Euros Versus the Yen?]]>http://www.bloggingstocks.com/2010/05/24/will-japan-prop-up-dollar-euro-vs-yen/http://www.bloggingstocks.com/2010/05/24/will-japan-prop-up-dollar-euro-vs-yen/http://www.bloggingstocks.com/2010/05/24/will-japan-prop-up-dollar-euro-vs-yen/#commentsThe lingering European debt crisis has prompted investors to reduce positions in their highest-risk and growth-oriented plays, on the theory that European events may result in slower global economic growth.

The crisis has also increased 'risk aversion,' which has led to money flowing back into safe-haven currencies, such as the dollar and the yen. However, while the yen has been popular, due the country's low inflation rate and the currency's relative strength, there are signs that the currency will only be allowed to strengthen so much. The government of Japan has already hinted at an intervention. "Markets in principle should determine foreign exchange rates, but I think we must closely watch [markets] and ensure that there won't be any excessive yen rises," Japan's Finance Minister Naoto Kan said at a news conference Friday, Dow Jones reported.

Continue reading Will Japan Prop-Up Dollars and Euros Versus the Yen?

Will Japan Prop-Up Dollars and Euros Versus the Yen? originally appeared on BloggingStocks on Mon, 24 May 2010 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>debt crisisdollareurointhenewsnaoto kenyenMon, 24 May 2010 16:40:00 EST<![CDATA[Risk Aversion Sends Money Back into Dollar, Yen]]>http://www.bloggingstocks.com/2010/05/14/risk-aversion-sends-money-back-into-dollar-yen/http://www.bloggingstocks.com/2010/05/14/risk-aversion-sends-money-back-into-dollar-yen/http://www.bloggingstocks.com/2010/05/14/risk-aversion-sends-money-back-into-dollar-yen/#commentsFiled under:

Just when you think it's safe to start deploying new capital to pick off a bargain or two in stocks, up pops the bane of investors -- risk aversion.

Friday's culprit in reducing risk appetite? A combination of concern that European fiscal spending for the stabilization package will slow the European, U.S., and global economies, and a report that French President Nicolas Sarkozy threatened to leave the euro-zone if Germany did not agree to a comprehensive stabilization package to help Europe's debt-plagued nations, including Greece.

The key winners in the risk aversion re-appearance, its umpteenth appearance so far in 2010? The dollar and the yen.

Continue reading Risk Aversion Sends Money Back into Dollar, Yen

Risk Aversion Sends Money Back into Dollar, Yen originally appeared on BloggingStocks on Fri, 14 May 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>debt crisisdollarEuropeinthenewsyenFri, 14 May 2010 17:00:00 EST<![CDATA[Aflac Trading Slightly Higher Following Q1 Earnings Report]]>http://www.bloggingstocks.com/2010/04/28/aflac-trading-slightly-higher-following-q1-earnings-report/http://www.bloggingstocks.com/2010/04/28/aflac-trading-slightly-higher-following-q1-earnings-report/http://www.bloggingstocks.com/2010/04/28/aflac-trading-slightly-higher-following-q1-earnings-report/#commentsFiled under: , , , , ,

aflac first quarter earningsShares of insurance giant Aflac Inc. (AFL) were slightly higher in after-hours trading Tuesday following the company's announcement of better-than-expected earnings for its first quarter.

After the market close Aflac posted earnings per share of $1.35 for its first quarter, which was slightly higher than the $1.32 that analysts had forecast for the company's quarter. During the same period last year the company had earnings of $1.22 per share.

Continue reading Aflac Trading Slightly Higher Following Q1 Earnings Report

Aflac Trading Slightly Higher Following Q1 Earnings Report originally appeared on BloggingStocks on Wed, 28 Apr 2010 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aflafter hoursearningsfeaturedgood newsinsuranceinthenewsjapanwal martwmtyenWed, 28 Apr 2010 09:00:00 EST<![CDATA[Dollar Is Heading Down]]>http://www.bloggingstocks.com/2010/04/01/dollar-is-heading-down/http://www.bloggingstocks.com/2010/04/01/dollar-is-heading-down/http://www.bloggingstocks.com/2010/04/01/dollar-is-heading-down/#commentsFiled under: , , ,

Just last week, the demand for U.S. dollars was strong. We had the Greek crisis fueling the dollar's rise to new recovery highs.

But that was last week. The EU came up with a watered-down bailout plan for Greece and other EU members with debt problems. With that announcement, the dollar started to fall back from its highs.

Continue reading Dollar Is Heading Down

Dollar Is Heading Down originally appeared on BloggingStocks on Thu, 01 Apr 2010 09:50:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>currencydollareuroexportsgreeceinthenewsyenThu, 01 Apr 2010 09:50:00 EST<![CDATA[Japan's New Finance Minister Wants a Stronger Dollar, Weaker Yen]]>http://www.bloggingstocks.com/2010/01/07/japan-s-new-finance-minister-wants-a-stronger-dollar-weaker-yen/http://www.bloggingstocks.com/2010/01/07/japan-s-new-finance-minister-wants-a-stronger-dollar-weaker-yen/http://www.bloggingstocks.com/2010/01/07/japan-s-new-finance-minister-wants-a-stronger-dollar-weaker-yen/#commentsFiled under:

Japan's new Finance Minister Naoto Kan is on record saying he wants to see a weaker yen, CNNMoney.com reported Thursday.

And, as they say in the foreign exchange, 'easier said than done.' The yen has risen to a level versus the dollar that's a concern to Japan's auto makers. Although the yen is roughly unchanged versus the dollar since January 2009, it's strengthened about 15% versus the dollar since the onset of the global financial crisis' acute stage in August/September 2008.

The significance? Japan's automakers must raise prices on cars/vehicles exported to the U.S. to protect profit margins of vehicles priced in dollars: if they don't those margins will shrink.

Continue reading Japan's New Finance Minister Wants a Stronger Dollar, Weaker Yen

Japan's New Finance Minister Wants a Stronger Dollar, Weaker Yen originally appeared on BloggingStocks on Thu, 07 Jan 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auto industryAutoIndustrydollarNaotoKanyenThu, 07 Jan 2010 18:00:00 EST<![CDATA[U.S. budget deficit up, dollar down? Well, not always]]>http://www.bloggingstocks.com/2009/11/11/u-s-budget-deficit-up-dollar-down-well-not-always/http://www.bloggingstocks.com/2009/11/11/u-s-budget-deficit-up-dollar-down-well-not-always/http://www.bloggingstocks.com/2009/11/11/u-s-budget-deficit-up-dollar-down-well-not-always/#commentsFiled under: ,

A word to the wise: Investors should ignore and/or avoid those in the popular press who rush forward with pronouncements about the dollar vis-à-vis the world's other, major currencies.

Sometimes you'll see them on the 24-hour cable news channels at night on FoxNews (NWS), CNN (TWX), and MSNBC (GE). Their research is often simplistic at best, and at times, it's outright wrong.

One common, conventional wisdom articulation concerns the dollar, and it's 'imminent collapse.' Nothing could be further from the truth. But that's the type of flippant conclusion one gets when one uses superficial analysis, as in 'U.S. budget deficit up, U.S. dollar down.'

Continue reading U.S. budget deficit up, dollar down? Well, not always

U.S. budget deficit up, dollar down? Well, not always originally appeared on BloggingStocks on Wed, 11 Nov 2009 17:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>British poundBritishPounddollarinthenewsyenWed, 11 Nov 2009 17:20:00 EST<![CDATA[Central Banks lead a shift away from the dollar]]>http://www.bloggingstocks.com/2009/11/05/central-banks-lead-a-shift-away-from-the-dollar/http://www.bloggingstocks.com/2009/11/05/central-banks-lead-a-shift-away-from-the-dollar/http://www.bloggingstocks.com/2009/11/05/central-banks-lead-a-shift-away-from-the-dollar/#commentsFiled under: , , , , , ,

The US dollar is down 20% since 2002 on a trade weighted basis. Other world economies like China are dynamic, with growth rates of 8 and 9%. With that kind of clout, countries like China, India and Brazil, can choose where to place their reserves.

Slowly, developing countries are shifting their reserves away from the dollar into the euro and yen. Neil Mellor, strategist at Bank of New York Mellon Corp (NYSE: BK), which has some $20 trillion dollars in assets under custody said: "I don't think there will be an imminent move, but it is quite clear there's a plan to shift reserves to a more balanced portfolio."

Barclays Capital Research reported that central banks placed 63% of new cash in non US currencies between April and July.

Continue reading Central Banks lead a shift away from the dollar

Central Banks lead a shift away from the dollar originally appeared on BloggingStocks on Thu, 05 Nov 2009 16:30:00 EST. Please see our terms for use of feeds.

Read | Read | Permalink | Email this | Comments]]>currenciesdollareurogoldinthenewsreserve currencyweaker dollarWeakerDollaryenThu, 05 Nov 2009 16:30:00 EST<![CDATA[Dollar is at a critical stage as banks shift reserves]]>http://www.bloggingstocks.com/2009/10/12/dollar-is-at-a-critical-stage-as-banks-shift-reserves/http://www.bloggingstocks.com/2009/10/12/dollar-is-at-a-critical-stage-as-banks-shift-reserves/http://www.bloggingstocks.com/2009/10/12/dollar-is-at-a-critical-stage-as-banks-shift-reserves/#commentsFiled under: , , , , ,

The US dollar is cascading downward. This move is causing banks, especially central banks, to shift reserves out of the dollar into the euro and yen.

A Bloomberg survey reports that policy makers boosted currency holdings by $41.3 billion dollars in the last quarter. Nations reporting currency breakdowns put 63% of this new cash into euros, and yen. The dollar's share fell to 37% from 63% in 1998.

How is this affecting the dollar on the commodity futures markets? The dollar fell to 75.77 last week on the Intercontinental Exchange Inc. (ICE). This is the lowest level since March 4th, when it was at 89.62 (The dollar is traded against a basket of currencies.)

Continue reading Dollar is at a critical stage as banks shift reserves

Dollar is at a critical stage as banks shift reserves originally appeared on BloggingStocks on Mon, 12 Oct 2009 14:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>dollardollar reserveseuroexportsfeaturedweak dollarWeakDollaryenMon, 12 Oct 2009 14:30:00 EST<![CDATA[Is a 'super-currency' possible? ]]>http://www.bloggingstocks.com/2009/10/07/is-a-super-currency-possible/http://www.bloggingstocks.com/2009/10/07/is-a-super-currency-possible/http://www.bloggingstocks.com/2009/10/07/is-a-super-currency-possible/#commentsFiled under: , ,

Is a 'super-currency' - one that could for all intents and purpose replace the dollar as the world's reserve currency - possible?

Well, it is possible, but in this case the aforementioned switch would certainly be super, as it would represent a gargantuan task and adjustment period for members of the global financial system.

Continue reading Is a 'super-currency' possible?

Is a 'super-currency' possible? originally appeared on BloggingStocks on Wed, 07 Oct 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>British poundcurrenciesdollareuroinflationsuper currencySuperCurrencyyenWed, 07 Oct 2009 16:40:00 EST<![CDATA[Will Japan intervene to weaken the yen versus the dollar?]]>http://www.bloggingstocks.com/2009/09/28/will-japan-intervene-to-weaken-the-yen-versus-the-dollar/http://www.bloggingstocks.com/2009/09/28/will-japan-intervene-to-weaken-the-yen-versus-the-dollar/http://www.bloggingstocks.com/2009/09/28/will-japan-intervene-to-weaken-the-yen-versus-the-dollar/#commentsFiled under:

The dollar fell to an eight-month low versus Japan's yen Monday, down about one-quarter yen to 89.37, and placed into the currency market spotlight the season's most compelling question to-date: will the Bank of Japan intervene to stem the yen's rise versus the buck?

Those who say central bank officials will intervene to weaken the yen argue that export-dependent Japan will be hurt if the yen appreciates more against the dollar. The yen has already risen about 20% versus the greenback in the past 12 months, and further yen increases, assuming Japan's exporters raise prices to protect their dollar-denominated profits, will result in lost sales, as Japanese goods --- particularly autos --- become too expensive for American consumers.

Continue reading Will Japan intervene to weaken the yen versus the dollar?

Will Japan intervene to weaken the yen versus the dollar? originally appeared on BloggingStocks on Mon, 28 Sep 2009 14:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>dollarinthenewstradeyenMon, 28 Sep 2009 14:20:00 EST