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Tag: Dollar

China Devalues Yuan — Why?

China devalued the yuan in what many think was a surprise move. What they do not understand is that this move is more than trying to firm up exports; this...

What if NAFTA Became a Monetary Union?

OK. Let’s try to explain Europe a different way. What if the USA adopted a policy that said NAFTA (North American Free Trade Agreement) should move from a...

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....

Gold v Dollar

The traditional mumbo jumbo is dollar up, gold down. However, we may be entering a completely new phase. Gold and the dollar may no longer be archenemies. They are...