Submitted by Jeffrey Snider via Alhambra Investment Partners, The main problem with looking at the financial world from a “dollar” funding perspective is that there really is no such monolithic existence. The funding conditions in Russia may be very different than those of Swiss banks; they also may be far too similar. Given the impossibility Read More

High yields on Indian government bonds help the currency With the European Central Bank’s latest move to expand its monthly bond purchase programme to €60 billion, the currency market is in turmoil. The euro has hit an 11-year low against the dollar, the dollar index is at an 11-year high. But the rupee is unfazed Read More

The dollar rally is continuing. The U.S. dollar index, a basket of currencies versus the greenback, hit an eight-year high after the European Central Bank announced its monetary stimulus plan. With more euros floating around, each one is anticipated to be worth less compared to the dollar. But with nearly half of all revenues for Read More – – The dollar trimmed gains against the other major currencies on Friday, after downbeat U.S. housing and manufacturing reports, but the greenback still continued to trade at a 12-year peak as risk aversion continued to dominate. In a report, the National Association of Realtors said that U.S. existing home sales rose Read More – To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11772, 11715, 11584 Resistance:11888, 11983, 12077 The Dow Jones FXCM US Dollar Index re-accelerated upward anew, with prices establishing a new six-year high. A daily close above the Read More – Talking Points: Dollar Charges Higher as Policy Contrast Draws Focus to Fed Euro Suffers Biggest Drop in Three Years on Massive ECB QE British Pound: Will 4Q GDP Forecasts Revive BoE Rate Forecasts? Dollar Charges Higher as Policy Contrast Draws Focus to Fed While this past session’s top event risk – the ECB’s Read More