Dire Consequences: Euro to Test Parity Against US Dollar
May 13, 2010 at 12:05 UTC || By Forex Playmaker
Royal Bank of Scotland is lowering its forecast for the euro against the US dollar, stating that the shared currency “can easily head through [dollar] parity.” Unfortunately, the consequences of such a scenario jeopardize far more than the European Union’s reputation alone. Alan Ruskin, head of foreign-exchange strategy at RBS Securities, is revising his forecast… Continue Reading
From Debt to Defection: The Road to Parity for the Euro
May 9, 2010 at 15:07 UTC || By Forex Playmaker
The EU debt crisis and a potential German defection from the EMU may push the euro toward parity against the US dollar. Thomas Mayer, chief economist at the Deutsche Bank, warns that the euro will “remain under pressure” so long as uncertainty surrounds the economic outlooks for Greece and other peripheral EU member states. Mr…. Continue Reading
COT Extreme Positions Report: Australian Dollar (AUD)
April 18, 2010 at 17:55 UTC || By Forex Playmaker
Released each week by the CFTC, the Commitments of Traders (COT) report offers investors a bird’s eye view as to which futures markets are overbought, which markets are oversold and those markets that fall somewhere in between. While there are a number of ways in which the data might be interpreted – there is no… Continue Reading
The Dollar Prophecy: What the Surging US Dollar Signals for Global Equities
March 24, 2010 at 19:10 UTC || By Forex Playmaker
Overview Over the past 18 months, the inverse relationship between the US dollar and global equities markets has proven to be the single constant in an otherwise uncertain economic climate. When equities markets reached their nadir in March, 2009, the US dollar was sitting atop its highest levels, though much of that value would be… Continue Reading
