EUR/USD Exchange Rate ETN Ipath (ERO) 41.04 $ERO
C'mon Angela, Let Them Greexit
David Stockman - Seeking Alpha - Fri Mar 20, 1:19PM CDT
With each passing day, it becomes more obvious that Europe is heading for an epochal financial conflagration. So buy the dip if you must, but don’t believe for a minute that the US has decoupled. When the euro and EU eventually implode, it will...
ULE: 15.74 (+0.44), GREK: 10.75 (+0.59), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
Week In FX: A Wild Ride For Forex Traders
Dean Popplewell - Seeking Alpha - Fri Mar 20, 12:18PM CDT
By Dean Popplewell Dollar bulls require patience Norges Bank disappoints but looking to cut No clarity on currency intervention from SNB Greece remains in the frame Many are hoping that it will be a calm close to a mad week that...
GREK: 10.75 (+0.59), FXE: 106.32 (+1.63), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35)
Euro heads for best week in 18 months
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 5:20AM CDT
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
Why The Dollar Is Rising As The Global Monetary Bubble Craters
Jay Taylor - Seeking Alpha - Thu Mar 19, 4:23PM CDT
This past week, David Stockman himself wrote an exceptionally good explanation why the dollar is "getting stronger." Although the fact that the Yankee dollar is stronger is nice for us Americans when we visit Canada, there is no reason to...
FXCH: 79.77 (unch), JYN: 47.40 (-0.75), CNY: 42.97 (+0.37), ULE: 15.74 (+0.44), FXY: 80.98 (+0.65), UUPT: 29.72 (-0.06), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), YCL: 13.95 (+0.18), URRE: 1.42 (+0.06), YCS: 89.12 (-1.41), CYB: 25.38 (-0.01), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
When Will The Euro Stop Its Slide?
Wall Street Daily - Seeking Alpha - Thu Mar 19, 4:13AM CDT
By Karim Rahemtulla Now's the time to get the hell out of the United States… You see, the euro is approaching $1.05, and I think it's headed lower still. We could see it reach parity with the U.S. dollar by the end of next month! The...
ULE: 15.74 (+0.44), FEZ: 39.29 (+1.10), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Violent Swing Back To Pessimism And Liquidity
Joseph Calhoun - at Seeking Alpha - Thu Mar 19, 1:59AM CDT
By Jeffrey P. Snider With the FOMC throwing in the towel on the US "boom", funding markets have knee-jerked back into the same trends as predominated during the prior liquidity events. In other words, extreme pessimism has once again...
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Flash crash in the dollar
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 3:25PM CDT
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
The ECB Is Saving The Dollar
Mises Institute - Seeking Alpha - Wed Mar 18, 5:13AM CDT
By Ryan McMaken There are many risks to the dollar out there, but a more valuable euro isn't one of them. In a world of free-floating fiat currencies, currency value is mostly relative. Thus, the dollar might have faced stiff competition from the...
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Japan And Europe: Currencies Reflect Priorities
Nadex - Seeking Alpha - Tue Mar 17, 2:22PM CDT
By Vikram Rangala All eyes are on the FOMC meeting this week, but not just for the reasons the media is focused on, like the word, "patient." The Fed Funds rate (which you can trade on Nadex) directly affects loans and consumer spending,...
JYN: 47.40 (-0.75), ULE: 15.74 (+0.44), YCL: 13.95 (+0.18), URR: 17.25 (+0.55), YCS: 89.12 (-1.41), FXY: 80.98 (+0.65), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
Assessing The Dollar's Danger
Kristina Hooper - at Seeking Alpha - Tue Mar 17, 2:14AM CDT
It's a bird. It's a plane. No, it's the mighty US dollar, which has risen nearly 4% relative to the euro in the past 12 trading days - a breakneck pace. In fact, the dollar is on pace to have its strongest quarterly rise since 1992, according to Bank...
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Natixis: Sharp falls in oil mean better growth, higher rates, weaker euro
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 1:56PM CDT
SCHZ: 52.83 (+0.13), ULE: 15.74 (+0.44), BOND: 110.19 (+0.10), URR: 17.25 (+0.55), VBND: 50.32 (+0.16), FBND: 50.81 (+0.23), EUO: 26.67 (-0.88), IUSB: 102.53 (+0.33), SAGG: 32.67 (-0.41), GBF: 115.47 (+0.47), AGG: 111.32 (+0.34), FXE: 106.32 (+1.63), BND: 83.32 (+0.22), LAG: 58.88 (+0.25), ERO: 41.04 (+0.73), EUFX: 44.64 (-0.66), DRR: 62.18 (-1.82)
Euro recovers from fresh 12-year low
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 4:16AM CDT
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
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: 15.74 (+0.44), VGK: 55.87 (+1.41), URR: 17.25 (+0.55), EU: 20.54 (-0.08), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
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: 15.74 (+0.44), SPY: 210.41 (+0.91), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
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: 23.48 (+0.56), ULE: 15.74 (+0.44), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), URR: 17.25 (+0.55), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), EUO: 26.67 (-0.88), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
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: 14.83 (+0.46), ULE: 15.74 (+0.44), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
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: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
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: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
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: 24.89 (+0.31), JYN: 47.40 (-0.75), ULE: 15.74 (+0.44), FXA: 77.83 (+1.47), URR: 17.25 (+0.55), CROC: 55.39 (-2.05), UUPT: 29.72 (-0.06), FXY: 80.98 (+0.65), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), YCL: 13.95 (+0.18), YCS: 89.12 (-1.41), FXB: 146.71 (+2.18), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UDNT: 10.33 (-0.15), GBB: 39.68 (+0.35), DRR: 62.18 (-1.82)
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: 15.74 (+0.44), OUNZ: 11.79 (+0.12), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), SGOL: 115.86 (+1.34), GLD: 113.57 (+1.28), IAU: 11.44 (+0.13), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), AGOL: 113.86 (unch), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
C'mon Angela, Let Them Greexit
David Stockman - Seeking Alpha - Fri Mar 20, 1:19PM CDT
With each passing day, it becomes more obvious that Europe is heading for an epochal financial conflagration. So buy the dip if you must, but don’t believe for a minute that the US has decoupled. When the euro and EU eventually implode, it will...
ULE: 15.74 (+0.44), GREK: 10.75 (+0.59), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
Week In FX: A Wild Ride For Forex Traders
Dean Popplewell - Seeking Alpha - Fri Mar 20, 12:18PM CDT
By Dean Popplewell Dollar bulls require patience Norges Bank disappoints but looking to cut No clarity on currency intervention from SNB Greece remains in the frame Many are hoping that it will be a calm close to a mad week that...
GREK: 10.75 (+0.59), FXE: 106.32 (+1.63), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35)
Euro heads for best week in 18 months
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 5:20AM CDT
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
Why The Dollar Is Rising As The Global Monetary Bubble Craters
Jay Taylor - Seeking Alpha - Thu Mar 19, 4:23PM CDT
This past week, David Stockman himself wrote an exceptionally good explanation why the dollar is "getting stronger." Although the fact that the Yankee dollar is stronger is nice for us Americans when we visit Canada, there is no reason to...
FXCH: 79.77 (unch), JYN: 47.40 (-0.75), CNY: 42.97 (+0.37), ULE: 15.74 (+0.44), FXY: 80.98 (+0.65), UUPT: 29.72 (-0.06), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), YCL: 13.95 (+0.18), URRE: 1.42 (+0.06), YCS: 89.12 (-1.41), CYB: 25.38 (-0.01), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
When Will The Euro Stop Its Slide?
Wall Street Daily - Seeking Alpha - Thu Mar 19, 4:13AM CDT
By Karim Rahemtulla Now's the time to get the hell out of the United States… You see, the euro is approaching $1.05, and I think it's headed lower still. We could see it reach parity with the U.S. dollar by the end of next month! The...
ULE: 15.74 (+0.44), FEZ: 39.29 (+1.10), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Violent Swing Back To Pessimism And Liquidity
Joseph Calhoun - at Seeking Alpha - Thu Mar 19, 1:59AM CDT
By Jeffrey P. Snider With the FOMC throwing in the towel on the US "boom", funding markets have knee-jerked back into the same trends as predominated during the prior liquidity events. In other words, extreme pessimism has once again...
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Flash crash in the dollar
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 3:25PM CDT
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
The ECB Is Saving The Dollar
Mises Institute - Seeking Alpha - Wed Mar 18, 5:13AM CDT
By Ryan McMaken There are many risks to the dollar out there, but a more valuable euro isn't one of them. In a world of free-floating fiat currencies, currency value is mostly relative. Thus, the dollar might have faced stiff competition from the...
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Japan And Europe: Currencies Reflect Priorities
Nadex - Seeking Alpha - Tue Mar 17, 2:22PM CDT
By Vikram Rangala All eyes are on the FOMC meeting this week, but not just for the reasons the media is focused on, like the word, "patient." The Fed Funds rate (which you can trade on Nadex) directly affects loans and consumer spending,...
JYN: 47.40 (-0.75), ULE: 15.74 (+0.44), YCL: 13.95 (+0.18), URR: 17.25 (+0.55), YCS: 89.12 (-1.41), FXY: 80.98 (+0.65), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
Assessing The Dollar's Danger
Kristina Hooper - at Seeking Alpha - Tue Mar 17, 2:14AM CDT
It's a bird. It's a plane. No, it's the mighty US dollar, which has risen nearly 4% relative to the euro in the past 12 trading days - a breakneck pace. In fact, the dollar is on pace to have its strongest quarterly rise since 1992, according to Bank...
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Natixis: Sharp falls in oil mean better growth, higher rates, weaker euro
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 1:56PM CDT
SCHZ: 52.83 (+0.13), ULE: 15.74 (+0.44), BOND: 110.19 (+0.10), URR: 17.25 (+0.55), VBND: 50.32 (+0.16), FBND: 50.81 (+0.23), EUO: 26.67 (-0.88), IUSB: 102.53 (+0.33), SAGG: 32.67 (-0.41), GBF: 115.47 (+0.47), AGG: 111.32 (+0.34), FXE: 106.32 (+1.63), BND: 83.32 (+0.22), LAG: 58.88 (+0.25), ERO: 41.04 (+0.73), EUFX: 44.64 (-0.66), DRR: 62.18 (-1.82)
Euro recovers from fresh 12-year low
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 4:16AM CDT
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
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: 15.74 (+0.44), VGK: 55.87 (+1.41), URR: 17.25 (+0.55), EU: 20.54 (-0.08), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
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: 15.74 (+0.44), SPY: 210.41 (+0.91), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
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: 23.48 (+0.56), ULE: 15.74 (+0.44), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), URR: 17.25 (+0.55), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), EUO: 26.67 (-0.88), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
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: 14.83 (+0.46), ULE: 15.74 (+0.44), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
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: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
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: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
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: 24.89 (+0.31), JYN: 47.40 (-0.75), ULE: 15.74 (+0.44), FXA: 77.83 (+1.47), URR: 17.25 (+0.55), CROC: 55.39 (-2.05), UUPT: 29.72 (-0.06), FXY: 80.98 (+0.65), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), YCL: 13.95 (+0.18), YCS: 89.12 (-1.41), FXB: 146.71 (+2.18), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UDNT: 10.33 (-0.15), GBB: 39.68 (+0.35), DRR: 62.18 (-1.82)
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: 15.74 (+0.44), OUNZ: 11.79 (+0.12), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), SGOL: 115.86 (+1.34), GLD: 113.57 (+1.28), IAU: 11.44 (+0.13), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), AGOL: 113.86 (unch), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
