
A new bailout bill has been negotiated for Greece and a "Grexit" has been averted.
For now.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
A new bailout bill has been negotiated for Greece and a "Grexit" has been averted.
For now.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Euro-dollar parity is still coming. Don’t be fooled by this sudden rebound.
The fundamentals support a fast dive to euro-dollar parity. But the technical traders simply won’t allow it to fall to those levels so quickly.
Here’s why euro-dollar parity will still happen, even if there are some snags on the way down…
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The European Central Bank quantitative easing regime is officially in full swing.
European Central Bank data released last Friday indicated as much. The sovereign bond-buying program began March 9. And in just two weeks, Eurozone central banks had already purchased 26.3 billion euros. This is all while economic indicators seem to point toward a recovery.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The march to euro-dollar parity continued today (Wednesday) as the currency slipped below $1.06 for the first time since 2003.
In January, our 2015 euro forecast saw euro-dollar parity happening sometime in the first half of 2016.
It's fallen 12.6% in 2015. And it's still got a ways to go...
By Greg Madison, Managing Editor, Money Morning -
Google Inc.'s (Nasdaq: GOOG) plan to merge its European operations might look like a defensive pullback, but it's really a potential buying opportunity. In fact, Money Morning's Defense and Tech Specialist Michael Robinson thinks the stock could soar 50% over the next three and a half years.
The search giant said on February 25 that it would merge its two European divisions.
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
Many investors expect "Super" Mario Draghi's recently announced 1.2 trillion euro stimulus program to produce big market gains just like the Fed's QE did here in the United States.
What they're missing is that not all companies are going to benefit. In fact, the vast majority won't.
How do you know if the one you want to buy is one of 'em?
...because it's tied into one or more of the six unstoppable trends we're following.
That's what we're going to talk about today...
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW -
ECB QE and EU LTRO for Dummies: As soon as you read this explanation, comprehensible to even the dumbest of the dumb, you'll be set to trade initials.
We made 382% gains trading these initials. And there's more: Once we closed out, we re-entered.. and now we're up 180%.
Here's how to make real, easy money from the world's biggest economic experiment...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The Greek election results have ushered in a new political era for Greece.
And this will certainly impact the euro in 2015.
By Michael E. Lewitt, Global Credit Strategist, Money Morning • @MichaelELewitt -
On Halloween, the Bank of Japan unleashed a massive quantitative easing program that included the purchase of bonds, stocks and ETFs in a desperate attempt to revive the terminally ill Japanese economy. This coincided with the end of the Federal Reserve's third round of QE in October.
At that point, the world entered the terminal phase of central banking that unleashed heightened volatility in stocks, bonds and currencies.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The Swiss National Bank's three-year old franc-euro peg is no longer.
Yesterday (Thursday), the Swiss National Bank decoupled its fixed 1.2 CHF/€ exchange rate. This was on expectations that the European Central Bank will announce a quantitative easing policy in next week's meeting.
Here's why the Swiss abandoned the peg...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Eurozone Financial News: The euro is falling - so much so that it's trading at lows not seen since 2006.
It did gain somewhat as the day wore on. But in the morning, the euro hit a low of $1.1885.
Here's what has been moving the euro today...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Make no mistake about the U.S. dollar's recent strength; the long-term health of the world's reserve currency is still as precarious as it ever was despite the recent pick-me-ups it's received in foreign exchange markets.
Here’s why the U.S. dollar is rising now – but won’t be forever…
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The news of rate cuts from the European Central Bank (ECB) is giving traders more reason to short the euro.
This looks like a further step toward large-scale quantitative easing in the Eurozone, and the euro is likely to see devaluation at the hands of inflationary cues from the ECB.
Here’s how you should play this currency…
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The news of rate cuts from the European Central Bank (ECB) is giving traders more reason to short the euro.
This looks like a further step toward large-scale quantitative easing in the Eurozone, and the euro is likely to see devaluation at the hands of inflationary cues from the ECB.
Here’s how you should play this currency…
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The euro is readying for a substantial devaluation at the hands of oncoming monetary and fiscal stimulus.
But don't think the euro bears haven't already thought of that, as the currency has lost 5.3% since its peaks in May.
Here’s why the euro is worth a short, but also why you should wait before you dive in…