European Central Bank President Jean-Claude Trichet signaled he's in no rush to boost interest rates – bullish for dollar?
Preity Gallop
Dec. 7, 2006

ECB raised rates but have signaled pause in coming months and perhaps year. The low dollar needs some adjustment so that Euro zxone does not fall back in recession again. The Dow Jones Stoxx 600 Index gained 0.6 percent to 356.14 as of 4:09 p.m. in London. The Stoxx 50 added 0.5 percent and the Euro Stoxx 50, a measure for the 12 nations sharing the euro, advanced 0.6 percent.

ECB feels the rates are low enough to help dollar recover grounds and Euro Zone to keep growing. At the same time ECB is in no hurry to raise rates as US economy have started to slow down.

European Central Bank President Jean-Claude Trichet signaled he's in no rush to boost interest rates – bullish for dollar?
Preity Gallop
ECB feels the rates are low enough to help dollar recover grounds and Euro Zone to keep growing. At the same time ECB is in no hurry to raise rates as US economy have started to slow down.
READ MORE>>

Initial claims will fall by a massive 37,000 led by the service sector growth – bullish for dollar bearish for bonds and an opportunity to short stocks
Alan Hershey
The stock market is peaking for the last two months will lower momentum, lower VIX and higher insider sales.
READ MORE>>

Insider stock sales surges to highest since 1987 stock market crash – Dow can tumble 2000 points in a month
Fred Day
If history will repeat, the Dow can be in the 7500 area by early 2008. The bear market will probably start in the first or second quarter in 2007.
READ MORE>>

Strength in US Service sector growth and weakness in Manufacturing - bullish for dollar and bearish for gold, oil and other metals
Sam Adelton
Iraq problem will have a political solution fast. US budget deficit and trade deficit will shrink like never before. The gold will retest the $400 an ounce. The oil will back down to $40 a barrel.
READ MORE>>

Richest 2% of adults in the world own more than half of global household wealth : World Institute for Development Economics Research of the United Nations University
Media Release
The richest 2% of adults in the world own more than half of global household wealth according to a path-breaking study released today by the Helsinki-based World Institute for Development Economics Research of the United Nations University (UNU WIDER).
READ MORE>>

Another sign of bullish US Dolllar - Australia's economy grew at its slowest pace in three years as business spending dropped
Fred Day
Australia is suffering the worst drought and a slow growth due to slow business spending. The Aussie dollar will take a beating because of the lower growth and hence lower prospects of rates in Australia. It is bullish for dollar index.
READ MORE>>

The bond market acting like late 2000, Fed is in the mood of denial and dollar ready to explode while stocks enter the massive bear market
Peter Oberois
The stubborn Fed will make the dollar rally as US economy though weak start faring far better than the rest of the world.
READ MORE>>

US stock market ahead of US Dollar market by two years – extremely bullish for dollar and bearish for gold
Fred Day
If you take the monthly long-term charts in the last twenty years of US Stock market and US Dollar, you can see an interesting time lag. The dollar has done exactly what stock market has done but two years later.
READ MORE>>

MORE ARTICLES >>