Obama’s New Strategy on China is USD Negative
January 23, 2009 by admin · Leave a Comment
The US dollar and the Japanese Yen, the two lowest yielding G10 currencies continue to be the two best performing. It is important to remember that the dollar and the Yen are not rallying because investors have grown more optimistic about those currencies but because they are more pessimistic about the outlook for the US [...]
Tim Geithner: Will He Be Confirmed, Impact on Dollar
January 22, 2009 by admin · Leave a Comment
Uncertainty about the future of President-elect Barack Obama’s cabinet and staff are mounting. We are now met with controversy over one of the most crucial positions, Treasury Secretary. It was recently reported that the nominee for the position, Timothy Geithner, failed to pay a large portion of his taxes, casting doubt upon the certainty for [...]