New Dollar Update

February 28, 2006
The bullish dollar case I argued remains intact as February draws to a close. The bull case was based on a conviction of the underlying resilience of the US economy, which in turn would prompt more Fed tightening that the market appreciated. Widening interest rate differentials would lend support to the greenback.
At the end of last year, the marke…
New Dollar Update New Dollar Update Reviewed by magonomics on February 28, 2006 Rating: 5

Great Another G8

February 10, 2006
Hosted by Russia, the leading industrialized nations will meet this weekend. There is no reason to expect new initiatives that would impact the global capital markets and especially the foreign exchange market. Energy and Iran appear more salient for policy makers than the markets per se.
There was trial balloon floated by the US for the IMF to tak…
Great Another G8 Great  Another G8 Reviewed by magonomics on February 10, 2006 Rating: 5

Dollar Bull Case Updated

February 03, 2006
Last week we outlined a bullish case for the US dollar. It was predicated on US economic data confirming that the soft Q4 05 GDP was a fluke and that the economy was off to a sufficiently robust start of the year to absorb more the diminishing slack in the economy. This in turn would compel the market to re-think the likely trajectory of Fed tight…
Dollar Bull Case Updated Dollar Bull Case Updated Reviewed by magonomics on February 03, 2006 Rating: 5
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