I think that even if the Federal Reserve hikes again in a couple of weeks they're nearing the end of their tightening cycle and you know even though the Federal Reserve claimed to be data dependent and they hike interest rates despite the fact that the data was much weaker than they thought, I think the markets are starting to look beyond the hikes to the cuts. I think we're getting ready to start a new easing cycle and on the other side of the Atlantic the ECB is getting ready to end their easing cycle and to begin tightening so I think the currency markets are more looking at that policy divergence than whether or not Trump is going to get any anything through Congress.
Showing posts with label EURUSD forex cross. Show all posts
Showing posts with label EURUSD forex cross. Show all posts
Jun 7, 2017
May 4, 2017
The Bullish Case For The Euro Currency
I think the European Central Bank (ECB) is going to move to a tightening rhetoric, to a tightening bias and they may even start to raise interest rates given how quickly the inflation rate is accelarating in Europe!
Nov 21, 2016
This Can Be A Blowoff Top In The U.S. Dollar
This can really be a blowoff top in the Dollar Index, trading now at new 14-year highs. The Dollar Index is now above 100 as everybody is so sure that the Federal Reserve is going to be tightening. (SPDR Gold Trust ETF (GLD), EURUSD forex cross)
Aug 19, 2015
Podcast: The Next Recession
As the next recession is about to hit the U.S. Economy how will the Federal Reserve be able to ever raise interest rates?
Tickers: SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), SPDR Dow Jones Industrial Average ETF (DIA), EURUSD forex cross
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Aug 18, 2015
On The Verge Of A Financial Crisis
We are on the verge of a new financial crisis worse than 2008 and it will take the form of a currency crisis.
Tickers: SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), EURUSD forex cross
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Jul 13, 2015
The Strength In The Euro Will Continue
Regardless of how this works, either Greece leaves the Eurozone or caves into the demands and stays in the Eurozone but accepts the austerity that is bullish for the Euro.
Either way, either you get rid of the weakest link or you male the weakest link stronger. But either way the chain gets stronger.
The worst thing for the Euro currency was to cave into the Greek`s demands because you were so afraid of Greece leaving. That did not happen. So I think this strength in the Euro currency (EURUSD) is going to continue.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Either way, either you get rid of the weakest link or you male the weakest link stronger. But either way the chain gets stronger.
The worst thing for the Euro currency was to cave into the Greek`s demands because you were so afraid of Greece leaving. That did not happen. So I think this strength in the Euro currency (EURUSD) is going to continue.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Jul 7, 2015
Greece: There Will Be Austerity Regardless
Related trading instruments: National Bank of Greece (NBG), Euro Currency Futures, EURUSD forex cross;
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Dec 26, 2014
A Lot Of Disconnect In The Markets
There is a lot of disconnect right now in the markets. I think there is too much confidence in the legitimacy of the U.S. recovery, they are expressing that by bidding the U.S. dollar higher.
Related trading instruments: Euro Currency Futures, EURUSD forex cross;
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Related trading instruments: Euro Currency Futures, EURUSD forex cross;
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Nov 19, 2014
The Reason Oil Prices Are Under Pressure
The only reason that oil prices are under pressure is because the dollar is strengthening based on the idea that the entire world is a disaster, except the United States. And so, the world is going into a recession, everybody is taking refuge in the U.S. Dollar and that is suppressing the price of oil.
I think when people come to the conclusion and again they will come to it, I believe, sometime next year, that we are not only going to be the only country not printing money. We are going to be printing money, more than all the other the other countries combined.
Related trading: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), EURUSD forex cross, Euro Currency Futures, Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
I think when people come to the conclusion and again they will come to it, I believe, sometime next year, that we are not only going to be the only country not printing money. We are going to be printing money, more than all the other the other countries combined.
Related trading: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), EURUSD forex cross, Euro Currency Futures, Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Nov 18, 2014
False Narrative Is Driving The Dollar Higher And Gold Lower
What is driving the narrative of a strong dollar and a bear market in gold is this false belief that because the U.S. Economy is strong, the Federal Reserve is going to tighten. Well, when people recognize, realize that because the U.S. Economy is economy is now weak again, the Federal Reserve is not going to tighten but do more QE, that is going to be very, very bullish for gold and bearish for the Dollar.
Related trading instruments: SPDR Gold Trust ETF (GLD), EURUSD forex cross, USDJPY forex cross;
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Related trading instruments: SPDR Gold Trust ETF (GLD), EURUSD forex cross, USDJPY forex cross;
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Nov 10, 2014
Monetary Policy: There Is No Exit Strategy
When they figure out that there is no exit strategy, that exit from this monetary policy is impossible, that it really is Qe-infinity, that interest rates will have to stay at zero forever. No matter how high inflation gets, than its a game changer and the bottom will drop out of the U.S. Dollar.
Related trading: SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), EURUSD forex cross, AUDUSD forex cross, USDJPY forex cross
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Related trading: SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), EURUSD forex cross, AUDUSD forex cross, USDJPY forex cross
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Oct 14, 2014
The False Premise Of The U.S. Dollar Rally
Related stocks and Exchange Traded Funds: Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), EURUSD forex cross
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Sep 29, 2014
The Federal Reserve Inflated A Much Bigger Bubble
Related trading instruments: U.S. Dollar, EURUSD forex cross, SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Sep 17, 2014
Currencies: Markets Are Getting It Wrong
They are selling Euros, they are selling Pounds, they are selling Yen, to buy dollars because they are worried about problems in Europe or japan even though we have the same problems, only bigger in the United States.
Related trading instruments: USDJPY forex cross, EURUSD forex cross, GBPUSD forex cross, British Pound Futures, Yen Futures, Euro Currency Futures
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Related trading instruments: USDJPY forex cross, EURUSD forex cross, GBPUSD forex cross, British Pound Futures, Yen Futures, Euro Currency Futures
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Subscribe to:
Posts (Atom)