Currency

China’s First Virus-Filled Economic Data May Not Be All That Helpful

By Jeffrey P. Snider|2020-03-02T12:21:30-05:00March 2nd, 2020|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

There were only two possibilities and both related to their release. Either the Communist Chinese government was going to delay them, or would just say, screw it, everyone knows they’re going to be bad so let ‘em fly. There weren’t any questions about the data itself. Sure enough, the first glimpse at China’s economy in its full virus effects was [...]

The Dollar’s Demise And All That

Back last June, the dollar had broken its upswing. DXY, one major dollar index, had fallen sharply as had most if not all of the rest. This one had given up most of its “gains” in a relatively short period. That said, to some, the greenback had definitely hit its high. All downhill from there. It didn’t help, supposedly, that [...]

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