On the New York Mercantile Exchange, light sweet crude futures for March settlement traded at USD96.08 a barrel during early U.S. trade falling 0.28%. Weakness in the U.S. dollar helped depress crude oil prices. The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, gave back 0.06% …
Category Archive: Foreign Exchange
Permanent link to this article: http://www.wealthson.com/1790/crude-oil-might-again-touch-98
Jan
21
Letter from a Hedge Fund to its client on how the world financial markets could be in 2012
Dear Investors, When written in Chinese the word “crisis” is composed of two characters. One represents “danger”, and the other represents “opportunity”. This is the most accurate way I can express my thoughts and feelings about the coming year in the commodities markets. Volatile, unpredictable yet scattered with times of great opportunity. The prophecy of …
Permanent link to this article: http://www.wealthson.com/1782/letter-from-a-hedge-fund-to-its-client-on-how-the-world-financial-markets-could-be-in-2012
Oct
21
Dollar dumped; DOLLAR/YEN falls most post World War II level
Currency markets just saw slide of DOLLAR/YEN to lowest level since World war II. Reasons of the fall are still not clear but I see it is because of expectations of QE3/QE4 (as you may conceive it) which lead to breaking of technical support levels. This lead to Dollar/Yen dive below 75.80 level, never seen …
Permanent link to this article: http://www.wealthson.com/1733/dollar-dumped-dollaryen-falls-most-post-world-war-ii-level
Sep
26
Danger Map by Deutsche Bank identifies countries in financial stress
Deutsche bank’s danger map is an representation of financial health of major developed and developing economies of the world. It allots scores on the basis of several financial criteria like Deregulation of lending,%of credit to GDP, Unemployment, interest rates, Exchange rate Volatility, etc. Map shows Greece, Ireland, Portugal and Spain under the danger zone among …
Permanent link to this article: http://www.wealthson.com/1716/danger-map-by-deutsche-bank-identifies-countries-in-financial-stress
Sep
16
Bernanke has no idea where half a trillion dollars went
This is Ben Bernanke saying he has no idea where $500 Billion went after they were swap against Euro. Bernanke also failed to tell why the dollar exchange rates changed by 20% during the period when swap was taking place. Here is a video of nervous Bernanke. Hold on Mr. Chairman there is more to …
Permanent link to this article: http://www.wealthson.com/1710/bernanke-has-no-idea-where-half-a-trillion-dollars-went
Jul
27
Where to shift your investments if US Defaults?
It seems US will have to default at some point of time now. Politicians are still craving for a feasible solution while the deadline for default on 2Aug is approaching. Downgrade of US is certain as credit rating agencies have said that until $ 4 Trillion deficit reduction plan is worked out by US government, …
Permanent link to this article: http://www.wealthson.com/1515/where-to-shift-your-investments-if-us-defaults
Jul
13
How much Ben Bernanke(US) afraid of GOLD!!
I Just love this video.. Well, video speaks much about how US cares about its dollar as the reserve currency of the world. Its well known that US would be nowhere if dollar lose value in international market and so US would do anything to protect it.
Permanent link to this article: http://www.wealthson.com/1390/how-much-ben-bernankeus-afraid-of-gold




