currency war

Central Bank, Gold Silver Price, Fed, Global Currency War, Global Economic Crisis – YouTube

Sat, 25 May 2013 22:43:42 GMT

Source: www.figanews.com --- Saturday, May 25, 2013
Check our website daily at http://www.figanews.com Central Bank, Gold Silver Price, Fed, Global... [[ This is a content summary only. Visit http://georgesorosblog.blogspot.com for full links, other content, and more! ]] ...

Jim Rickards ~ The New Currency War : The G4 against The G16

Sat, 25 May 2013 19:57:21 GMT

Source: financearmageddon.blogspot.com --- Saturday, May 25, 2013
Max Keiser talks to Jim Rickards, author of currency Wars, about why we don't need to worry about a... [[ This is a content summary only. Visit www.figanews.com for full links, other content, and more! ]] ...

New Zealand opens new front in currency war – YouTube

Sat, 25 May 2013 19:10:20 GMT

Source: www.figanews.com --- Saturday, May 25, 2013
Check our website daily at http://www.figanews.com New Zealand opens new front in currency war via... [[ This is a content summary only. Visit http://georgesorosblog.blogspot.com for full links, other content, and more! ]] ...

New Zealand opens new front in currency war

Fri, 24 May 2013 17:35:19 GMT

Source: www.maxkeiser.com --- Friday, May 24, 2013
...

HSBC Bullish on Dollar as Currency War ‘Intensifies’

Fri, 24 May 2013 09:52:00 GMT

Source: www.cnbc.com --- Friday, May 24, 2013
HSBC has turned bullish on the U.S. dollar, as a result of a global currency war which the bank said is "intensifying". ...

Big Money: If this is a currency war, I’ll take two

Fri, 24 May 2013 00:53:55 GMT

Source: leadingcompany.smartcompany.com.au --- Thursday, May 23, 2013
Are we seeing a global currency war? It’s a phrase increasingly being used by analysts and financial journalists to describe the perceived jockeying for export-led growth, that sees central banks pump liquidity into their economies (or in Australia’s case, lower interest rates) in a bid to lower their currencies. For example, Alan Kohler has written of cannons “booming across the ocean” as the Reserve Bank of Australia reluctantly joined the fray. He was joined in imagery by the editorial in the Australian Financial Review , which talked of Australia joining the currency wars. The most recent round of battle metaphors came as the RBA lowered interest rates on May 7. “The exchange rate… has been little changed at a historically high level over the past 18 months, which is unusual given the decline in export prices and interest rates during that time,” the release said. This was widely read to mean the RBA was focusing on Australia’s currency when it lowered the rate 50 basis points. But when the full minutes of the meeting were made public this week , there was little mention of currency being a motivator for the interest rate cut. Instead, the RBA pointed to the slowing economy, and the fact that the low inflation rate gave it room to move. As a journalist, I can understand the desire to write war metaphors. So called ‘currency wars’ are one of the few times finance journalists get to talk of battles and cannons. But frankly, ther ...

HSBC - Currency War, USD to soar. Turning bullish on the USD

Thu, 23 May 2013 09:10:14 GMT

Source: www.forexstreet.net --- Thursday, May 23, 2013
HSBC - "The USD rally has further to run. The currency war is getting bigger and more intense, drawing ever more protagonists into the fray. In part, this may be because of the success of those central banks who have already sought economic advantage through targeting their currency. The market has realised there is no point in fighting the central banks at this time, and the USD is the natural candidate to act as the offset to this desire for depreciation elsewhere. If anything, the risks are for even greater USD strength than we have pencilled into our new forecast profiles. So far, Asia ex-Japan has largely not been involved in the currency war, but were the Yen to weaken substantially further, this could change. Such an escalation of the conflict would boost the USD. In addition, our USD bullishness does not rely on an early tapering or end to US QE3, but if the Fed acted sooner than we expect then the USD would capitalise. The USD has already risen but this is just the beginning. (...) We have revised a number of our currency forecasts both in G10 and emerging markets, (...) G10 highlights include new year-end 2013 numbers against the USD of: EUR 1.24 (previously 1.35) GBP 1.45 (previously 1.48) AUD 0.90 (previously 0.95) NZD 0.78 (previously 0.74) CAD 1.09 (previously 0.95)" ...

OECD warns Australia to join currency war

Wed, 22 May 2013 20:20:25 GMT

Source: www.macrobusiness.com.au --- Wednesday, May 22, 2013
Senior Australian economist Adrian Blundell-Wignall, special adviser to the OECD’s secretary-general, said yesterday that: “Australia is in a very unfortunate position…Having done the right thing, having no capital controls, Australia is now facing the whole avalanche of world investors seeking out Australian assets…the yen had been strong not because interest rates there (in Japan) were [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] ...

Asia currency war creates diplomatic friction

Wed, 22 May 2013 04:08:45 GMT

Source: www.powerlinenewsnetwork.com --- Tuesday, May 21, 2013
By Anthony Fensom/The Diplomat Global finance chiefs may have denounced it, but that has not stopped Japan joining other central banks in driving its exchange rate lower. With Australia and South Korea forced to respond, will the Asia-Pacific region be the main battleground in a global currency war? At the latest Group of Seven (G7) meeting near London, the message from the seven industrialized nations’ finance officials was unequivocal: no currency manipulation by members. Britain’s Chancellor of the Exchequer George Osborne said the G7 would continue its three-month-old pact “not to target exchange rates,” with the German and US finance ministers cautioning Japan over the weakening yen. “The world community has made clear that domestic tools that are designed to deal with domestic growth are within the bounds of what the international community thinks is appropriate,” U.S. Treasury Secretary Jacob Lew said . “We’ve made it clear that we’ll keep an eye on that.” For the rest of the story… http://thediplomat.com/pacific-money/2013/05/21/asias-currency-war/ ...

A Global Currency War Is In Progress

Tue, 21 May 2013 13:50:00 GMT

Source: jimrogers-investments.blogspot.com --- Tuesday, May 21, 2013
"A global currency war is in progress. That's usually leading to some kind of problem somewhere. Somebody's on the wrong side of that trade. We're going to have more currency turmoil and more currency problems. Be careful." - in Money News Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC. ...

Japans Sham Currency War - The Hidden Objective Behind Japans Massive Kamikaze Quantitative Easing

Sun, 19 May 2013 20:50:01 GMT

Source: www.thejapannews.net --- Sunday, May 19, 2013
US$ dollars have been flooding the financial markets ever since Bernanke launched quantitative easing, allegedly to turnaround the US economy. These huge amounts of US$ toilet papers are mainly in financial markets (and in central banks) outside of the United States. A huge chunk is represented as reserves in central banks led by China and Japan. If truth be told, the real value of the US$ would ... ...