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The Euro and Why the Dollar Will Not Be Dethroned

In the Eurozone, Mario Draghi has announced that his quantitative easing has failed to produce inflation as everyone assumed. After nine months of buying various...

Markets in Review

The markets are generally staging quite nicely for the ECM turning point. What generally rises into the turning point turns back down, and that which declines finds...

The Euro Crisis Will Not End Until this Line of Thinking Changes

Luis de Guindos, Spain’s economic minister, illustrates that those in European government remain clueless. He said that Greece should remain part of the Eurozone...

Clarifying the Euro

It appears that a June closing on cash below 11095 in the euro will reflect Grexit. A month-end closing for June below 10520 level will be very bearish short-term....

The Euro & the Press

Typical. The European press is claiming that the euro decline is over, and a Greece default will not harm Europe. This seems to be the standard propaganda from...

The Reaction in the Euro

The reaction rally in the Euro appears to be on schedule. The March low at 10458 held during April, so at the very least that implies a 2-3 month reaction rally....