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The G-20 met recently in Australia to make new banking rules for the next financial calamity. Financial reform advocate Ellen Brown says these new rules will allow banks to take money from depositors and pensioners globally. Brown explains, “It

America’s Federal Reserve is headed down a familiar — and highly dangerous — path. Steeped in denial of its past mistakes, the Fed is pursuing the same incremental approach that helped set the stage for the financial crisis of 2008-2009. The

On November 30, Swiss nationals head to the polls on three separate issues: abolishing a flat tax on resident, non-working foreigners, an immigration cap, and a proposal on Swiss gold reserves. As Visual Capitalist notes, the one we are most

The euro dollar exchange rate could eventually succumb to a low of 1.10 by the time November 2015 comes about. A set of forecasts on the EUR/USD for 2014-2015 warns of significant weakness ahead with Barclays reckoning the figure of 1.10 is

Staying Short AUD/USD: Bearish We Stand; – Morgan Stanley The Australian dollar managed to pare some of its losses thanks to the news about the Chinese rate cut late in the week. But is this enough for a move to the upside? The team at Morgan

Given that USD has switched from a funding to an asset currency, there is now a large USD long position in place, which suggests that if the historical pattern of position-reduction is repeated this year, there is the risk of a USD-corrective

EUR/USD lost a lot of ground so far in 2014, and its fate is not set to be different according to Credit Suisse. Also gold will probably continue south according to the updated 2015 forecasts. Here are top 10 trades for 2015: Here is their view

Forget corporate inversions -- Warren Buffett's Berkshire Hathaway is saving billions of dollars in taxes by making big deals financed with asset swaps. In April, Buffett swapped about $1.1 billion of stock Berkshire owned in Graham Holdings

The good news about a soaring USD is that it eases global trade tensions as it is the world’s main currency. But systematic devaluations of EUR and JPY are another matter and will force neighbouring countries to respond by pushing down the value of

Dumb and Dumber To, the sequel after 20 years, was released recently. Unfortunately for Jim and Jeff and the Farrelly brothers, unintended humor will always be funnier than the scripted kind, no matter how hard Hollywood tries. Case in point: the

The following are the expectations for today's FOMC minutes from the October meeting as provided by the economists at 15 major banks. Goldman Sachs: We expect that the language around forward guidance (including "considerable time") and the

EUR/USD is on the back foot, still trying to recapture 1.25 and certainly giving a fight. Can it recover or will Draghi hit it when it’s down? The team at BNP Paribas take the latter approach, explain and provide a target: Here is their view

Dollar-yen rocketed to a seven-year high after the Bank of Japan stunned markets by expanding its quantitative easing program on Friday, and strategists say the pair has "a lot further to go." The U.S. dollar rose 0.4 percent to 112.76 yen on Monday

Don Quixote is easily one of the most entertaining books of the Renaissance, if not all-time. And almost everyone’s heard of it, even if they haven’t read it. You know the basic plot line- Alonso Quixano becomes fixated with the idea of chivalry and

We’ve had great success shorting the euro against the US dollar and GBP over the past few months. After such success we have to stop and ask ourselves if we’ve come too far. Is there still good risk reward in selling the single currency? Reasons to

The euro fell to two year lows against the dollar on Thursday after European Central Bank President Mario Draghi said it will soon start purchases of asset backed securities and indicated that further unconventional measures are on the way. EUR/USD

The economy added to its jobs streak today. Nonfarm payrolls were up 214,000 in October, according to the Bureau of Labor Statistics. The unemployment rate dropped to 5.8%, the lowest it has been since the summer of 2008. While the headline numbers

There's increasing risk we'll soon see a "significant paradigm shift" from China in its attitude to the strength of its currency, warns Saxobank CIO and Chief Economist Steen Jakobsen. He says we're about to see a full-scale currency war, notably

It’s really hard to tell the difference when one looks at the markets today to see any real difference from that of the floor of any casino. For all intents and purposes financial shows seem to be more concerned with showing great legs on-screen as

We have a very serious problem with Hillary. I was asked years ago to review Hillary’s Commodity Trading to explain what went on. Effectively, they did trades and simply put winners in her account and the losers in her lawyer’s. This way she gets