Posts tagged Currencies

Competitive Devaluations, Trade War Coming Next

This is dangerous. The entire world has decided to play the competitive devaluation game with their currencies. Next step, protectionism. Great article in the Financial Times Alphaville section this morning.  Izabella Kaminska does a great job summing it up.  As …






Trading Currencies

Trading currencies is extremely tough. One of the best at it is Yra Harris who blogs at Notes From the Underground. His theme is 2+2=5. One of the reasons for that is when trading currencies, a lot of times you …






China Rising

China has decided to let the yuan be more flexible.  This will be a development that will lend some confidence to stock markets.  The Euro also had a nice positive week.  Treasury Secretary Tim Geithner welcomed the development.  The US …