Euro Trust (FXE) 104.22 $FXE An Interest Rate H
Post# of 64070
An Interest Rate Hike Could Cause A Recession
Individual Trader - at Seeking Alpha - Mon Mar 16, 6:33AM CDT
SPY: 207.95 (+2.12), QQQ: 106.30 (+0.96), DIA: 179.35 (+1.79), IWM: 123.21 (+0.60), FXE: 104.22 (+1.14), UUP: 26.28 (-0.21)
Euro recovers from fresh 12-year low
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 4:16AM CDT
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), FXE: 104.22 (+1.14), EUO: 27.87 (-0.65), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
Krugman On NRFPC
Scott Sumner - Seeking Alpha - Mon Mar 16, 3:01AM CDT
Paul Krugman has weighed in on my “never reason from a price change” argument. [And of course NRFPC it isn’t my idea; it’s a part of EC101 that many economists never learned, or forget on occasion. Over at Econlog I...
ULE: 15.18 (+0.32), VGK: 54.15 (+0.74), URR: 16.49 (+0.22), EU: 20.54 (-0.08), FXE: 104.22 (+1.14), EUO: 27.87 (-0.65), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
4 Central Banks Meet But FOMC Is Key
Marc Chandler - at Seeking Alpha - Sun Mar 15, 2:15PM CDT
The most important event next week is the FOMC meeting followed by a press conference by Yellen. In order to maximize its room to maneuver, we expect the FOMC statement will drop the patience that has characterized its forward guidance since last...
FXY: 80.14 (+0.08), FXE: 104.22 (+1.14), FXF: 96.96 (+0.04), UUP: 26.28 (-0.21)
The Euro-Dollar Riot!
David Kotok - at Seeking Alpha - Sun Mar 15, 10:06AM CDT
We open this commentary by trying to simplify a very complex trade. Think of yourself as the corporate treasurer of a midsized American company. You have your basic business activities in the United States, and you have several divisions in Europe....
ULE: 15.18 (+0.32), SPY: 207.95 (+2.12), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.22 (+1.14), UDN: 21.24 (+0.14), EUO: 27.87 (-0.65), USDU: 28.90 (-0.23), EUFX: 45.47 (-0.59), FORX: 42.47 (+0.40), ERO: 40.20 (-0.04), UUP: 26.28 (-0.21), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)
The ECB Should End QE Next Month
EconMatters - Seeking Alpha - Sun Mar 15, 8:29AM CDT
Mario Draghi backed into Unenviable Corner This was an instance where the markets pushed Mario Draghi in a direction that really wasn't necessary, an area he knew deep down was fruitless, and in the end will be proven to be a complete waste of...
ADRU: 22.62 (+0.33), ULE: 15.18 (+0.32), VGK: 54.15 (+0.74), FEZ: 38.38 (+0.71), DBEU: 29.29 (+0.16), FEEU: 107.27 (+2.90), EURL: 31.38 (+1.34), URR: 16.49 (+0.22), FIEU: 110.60 (+2.67), EZU: 38.24 (+0.68), FEP: 30.85 (+0.35), FEUZ: 32.31 (+0.57), IEUR: 45.17 (+0.59), EUO: 27.87 (-0.65), UPV: 45.68 (+1.24), FEU: 34.94 (+0.40), HEDJ: 67.08 (+0.47), EPV: 57.69 (-1.46), SBEU: 25.41 (+0.30), IEV: 43.93 (+0.63), DBEZ: 29.77 (+0.23), ESTX: 46.35 (+0.89), FXE: 104.22 (+1.14), HEZU: 29.21 (+0.20), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
Apart From Boosting NGDP And RGDP, Euro Depreciation Will Not Help Italy
Scott Sumner - Seeking Alpha - Sun Mar 15, 3:13AM CDT
That's the conclusion of a new paper that Tyler Cowen has linked to. And I think that's right. Many stimulus advocates (including me and Lars Svensson) have pointed out that currency depreciation caused by monetary stimulus would not be expected...
EWI: 14.41 (+0.17), ULE: 15.18 (+0.32), URR: 16.49 (+0.22), FXE: 104.22 (+1.14), EUO: 27.87 (-0.65), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
What Negative Interest Rates And Quantitative Easing Are Doing To The Stock Market
Rodney Johnson - at Seeking Alpha - Sun Mar 15, 2:58AM CDT
If I asked you to lend me money for five years, what rate of interest would you charge? 5%? 3%? How about zero? Does zero work for you? It works for me. Or even better, how about you lend me money, and then at the end of the loan you pay me ...
BUNT: 51.93 (-0.66), EU: 20.54 (-0.08), FXE: 104.22 (+1.14), GGOV: 37.25 (unch), FXF: 96.96 (+0.04), AAPL: 124.17 (+0.58), BUNL: 28.16 (-0.02)
Time For A European Vacation
Calafia Beach Pundit - at Seeking Alpha - Sun Mar 15, 2:02AM CDT
(click to enlarge) Friday the euro hit a 12-year low against the dollar. According to my calculation of the PPP value of the euro, it is roughly 10% "undervalued" vis a vis the dollar. That means that Americans traveling to Europe...
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.22 (+1.14), UDN: 21.24 (+0.14), EUO: 27.87 (-0.65), USDU: 28.90 (-0.23), EUFX: 45.47 (-0.59), FORX: 42.47 (+0.40), ERO: 40.20 (-0.04), UUP: 26.28 (-0.21), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)
Dollar Momentum Takes A Life On Of Its Own
Marc Chandler - at Seeking Alpha - Sat Mar 14, 11:26PM CDT
The dollar's advance accelerated since the end of February. The momentum has surprised everyone. Pullbacks continue to be shallow. The move appears to have taken a life of its own. Consider last week, as the euro slumped more than 3%, sterling more...
USO: 16.19 (-0.61), SPY: 207.95 (+2.12), IEF: 106.96 (+0.40), DIG: 47.60 (+0.32), FXA: 76.74 (+0.41), OIL: 9.59 (-0.44), FXB: 145.65 (+0.97), FXY: 80.14 (+0.08), FXC: 77.95 (+0.20), FXE: 104.22 (+1.14), UUP: 26.28 (-0.21)
More On The Euro-Dollar Exchange Rate
Bob McTeer - at Seeking Alpha - Sat Mar 14, 1:07PM CDT
Nineteen countries now use the Euro as their currency. Fifty states use the Dollar as their currency. While that comparison is correct, it is a bit misleading for various reasons. U.S. states are more homogeneous than Eurozone countries. Our states...
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.22 (+1.14), UDN: 21.24 (+0.14), EUO: 27.87 (-0.65), USDU: 28.90 (-0.23), EUFX: 45.47 (-0.59), FORX: 42.47 (+0.40), ERO: 40.20 (-0.04), UUP: 26.28 (-0.21), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)
Week Ahead In FX: USD Rally To Be Tested By FOMC Patience
Dean Popplewell - at Seeking Alpha - Sat Mar 14, 11:33AM CDT
By Alfonso Esparza The Federal Open Market Committee (FOMC) will release its interest rate statement, and Federal Reserve Chair Janet Yellen will speak at a press conference on March 18 at 2 p.m. ET, in the most anticipated event for next week in...
GDAY: 24.58 (-0.60), JYN: 47.40 (-0.75), ULE: 15.18 (+0.32), FXA: 76.74 (+0.41), URR: 16.49 (+0.22), CROC: 57.19 (-0.59), UUPT: 29.72 (-0.06), FXY: 80.14 (+0.08), EUO: 27.87 (-0.65), USDU: 28.90 (-0.23), UUP: 26.28 (-0.21), YCL: 13.68 (unch), YCS: 91.10 (-0.20), FXB: 145.65 (+0.97), FXE: 104.22 (+1.14), UDN: 21.24 (+0.14), EUFX: 45.47 (-0.59), FORX: 42.47 (+0.40), ERO: 40.20 (-0.04), UDNT: 10.33 (-0.15), GBB: 39.33 (+0.21), DRR: 64.63 (-1.86)
Lessons From Another Tough Week And The Big Day Ahead
Eric Parnell, CFA - at Seeking Alpha - Sat Mar 14, 9:24AM CDT
XLB: 49.65 (-0.19), VXX: 27.31 (-0.79), EWL: 32.58 (+0.11), TLT: 127.97 (+1.25), EWJ: 12.57 (+0.09), HEDJ: 67.08 (+0.47), EEM: 38.75 (+0.45), KRE: 41.30 (-0.05), FXB: 145.65 (+0.97), OIL: 9.59 (-0.44), XLK: 41.85 (+0.36), FXC: 77.95 (+0.20), FXE: 104.22 (+1.14), EMB: 109.56 (-0.16), SLV: 14.96 (+0.06), XLF: 24.56 (+0.24), VNQ: 83.28 (+0.90), FXF: 96.96 (+0.04), JJC: 31.93 (-0.07), XLE: 75.06 (+0.43), HYG: 90.09 (-0.11), MUB: 109.92 (+0.14), FXY: 80.14 (+0.08), EZU: 38.24 (+0.68), XLU: 44.34 (+0.86), UUP: 26.28 (-0.21), XRT: 99.50 (+0.58), FXS: 115.05 (+0.15), XLV: 73.21 (+1.40), GSG: 19.06 (-0.26), PCY: 27.83 (-0.02), EWU: 18.08 (+0.19), GLD: 110.83 (-0.05), PFF: 39.78 (+0.04), IWM: 123.21 (+0.60)
MV Weekly Market Flash: Currency Conundrums
MV Financial - at Seeking Alpha - Sat Mar 14, 7:44AM CDT
Paris, Je T'Aime There seems to be no end to the euro's woes. The Old Continent's currency has fallen 25% against the dollar from its high mark last summer, and is closing in on parity. That's good news for tourists dreaming of springtime in Paris;...
FXY: 80.14 (+0.08), EFA: 63.82 (+0.73), FXE: 104.22 (+1.14), IEUR: 45.17 (+0.59), EWJ: 12.57 (+0.09)
Trading The Parabolic U.S. Dollar
Adam Hamilton - Seeking Alpha - Sat Mar 14, 5:13AM CDT
The mighty US dollar has been red-hot in March, rocketing higher on the incredible divergence of major central-bank policies. While the Federal Reserve's first rate-hike cycle in 9 years looms, the European Central Bank has started aggressively...
ULE: 15.18 (+0.32), OUNZ: 11.51 (-0.01), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), EUO: 27.87 (-0.65), USDU: 28.90 (-0.23), UUP: 26.28 (-0.21), SGOL: 112.89 (-0.22), GLD: 110.83 (-0.05), IAU: 11.18 (+0.01), FXE: 104.22 (+1.14), UDN: 21.24 (+0.14), AGOL: 113.41 (-0.31), EUFX: 45.47 (-0.59), FORX: 42.47 (+0.40), ERO: 40.20 (-0.04), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)
Week In FX - Dollar Parity Beckons As Euro Steadies
Dean Popplewell - Seeking Alpha - Fri Mar 13, 12:26PM CDT
By Dean Popplewell This past week was supposed to be relatively quiet in the currency markets. However, it was not to be once the European Central Bank (ECB) chief outlined when the eurozone’s quantitative easing (QE) program would begin. ...
FXA: 76.74 (+0.41), FXB: 145.65 (+0.97), FXY: 80.14 (+0.08), FXC: 77.95 (+0.20), FXE: 104.22 (+1.14), FXF: 96.96 (+0.04), UDN: 21.24 (+0.14), UUP: 26.28 (-0.21)
Surging greenback takes dollar index to 12-year high
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 9:30AM CDT
USO: 16.19 (-0.61), FXA: 76.74 (+0.41), FXB: 145.65 (+0.97), FXC: 77.95 (+0.20), FXE: 104.22 (+1.14), UUP: 26.28 (-0.21)
Goldman: Euro on the way to $0.80
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 6:55AM CDT
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), FXE: 104.22 (+1.14), EUO: 27.87 (-0.65), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
Just One Thing
The Inflation Trader - Seeking Alpha - Fri Mar 13, 4:00AM CDT
The defining characteristics of the markets these days seem to include: Central bank liquidity matters; central government mistakes do not. Central bank liquidity matters; economic growth numbers do not. Central bank liquidity matters; market...
SPY: 207.95 (+2.12), DIA: 179.33 (+1.77), FXE: 104.22 (+1.14), ERO: 40.20 (-0.04), UUP: 26.28 (-0.21), TPS: 27.40 (-0.20)
Will The Dollar Impact U.S. Growth?
Tim Duy - Seeking Alpha - Fri Mar 13, 3:54AM CDT
A quick one while I wait for my flight at National. Scott Sumner argues that the strong dollar will not impact U.S. growth. In response to a Washington Post story, he writes : This is wrong, one should never reason from a price change. There are 4...
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.22 (+1.14), UDN: 21.24 (+0.14), EUO: 27.87 (-0.65), USDU: 28.90 (-0.23), EUFX: 45.47 (-0.59), FORX: 42.47 (+0.40), ERO: 40.20 (-0.04), UUP: 26.28 (-0.21), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)