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CNBC
Dec 4
Comment
Commodities are becoming a new form of reserve currency, says Kevin Kerr, president and chief trading officer at Kerr Trading International. He explains his rationale, with CNBC's Amanda Drury.
morph366
Nov 16
Comment
The following two sentences from Ben Bernanke's address at the Economic Club of New York on November 16, 2009 are complete gems of obscurantism.
We are attentive to the implications of changes in the value of the dollar and will continue to...
The Economic Times
Nov 9
Comment
The longer US continues to live off savings of others, the more likely it is that laws of economics would catch up with it some time. Where Re comes from & goes | Forex Converter
CNBC
Nov 4
Comment
Oil is the new reserve currency, says Kevin Kerr, president & chief trading officer for Kerr Trading International. He tells CNBC's Martin Soong what this means for oil direction. Daryl Guppy, CEO of GuppyTraders.com pulls out the charts on oil...
Forex News
Oct 12
Comment
The euro is putting pressure on the dollar and started another week gaining versus the greenback as speculations suggest that the U.S. dollar’s position as the main global reserve currency may be entering its final days.(...)Read the...
The Economic Times
Oct 6
Comment
The United Nations called on Tuesday for a new global reserve currency to end dollar supremacy which has allowed the United States the "privilege" of building a huge trade deficit.
Sydney Morning Herald
Sep 27
Comment
World Bank President Robert Zoellick has warned that the United States should not "take for granted" the US dollar's role as pre-eminent global reserve currency.
Shocked Investor
Sep 27
Comment
Bloomberg reports that World Bank's President Robert Zoelick says the U.S. should not take for granted the dollar’s status as the world’s main reserve currency. His comments will actually be published tomorrow, Monday. He says "the next...
morph366
Sep 27
Comment
WASHINGTON (Reuters) –
World Bank President Robert Zoellick
said the United States should not take the dollar's status as the world's key
reserve currency
for granted because other options are emerging.
In excerpts...
Sydney Morning Herald
Sep 17
Comment
THE global financial crisis has delivered the Rudd Government an unprecedented windfall in the form of massive Reserve Bank currency profits that will slash billions from the projected budget deficit and billions from government debt.
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