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Friday, January 20, 2012

US_Dollar_at_Potential_Crossroads_as_Euro_Turns_Around_FOMC_Key_body_Picture_5.png, US Dollar at Potential Crossroads as Euro Turns Around, FOMC KeyUS_Dollar_at_Potential_Crossroads_as_Euro_Turns_Around_FOMC_Key_body_Picture_6.png, US Dollar at Potential Crossroads as Euro Turns Around, FOMC Key Fundamental Forecast for the US Dollar: Bullish The US Dollar (ticker: USDOLLAR) tumbled fell sharply for five consecutive trading days, taking a hit as traders likely unloaded much of their speculative USD-long positions. The Euro finally showed sustained signs of life against the Greenback and we believe it may have set an important short-term bottom. But it will be critical …

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by Ian Fraser and Anthony Harrington Emerging market equities have taken a hammering over the past 12 months, largely as a result of high inflation, high domestic interest-rates, growing uncertainty about the eurozone and, to a lesser extent, doubts over the US recovery. The iShares MSCI emerging markets index tumbled by 20.6% in the year to December 31, 2011, versus…

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By James Picerno of The Capital Speculator
The academic case for using a multi-factor model to maximize the realized equity risk premium is old news, but documenting the empirical evidence is forever new. It’s been known since the 1970s that the single-factor model of CAPM doesn’t fully explain the risk-return relationship for stocks. The limitation of the one-beta model has inspired a …

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DJ FXCM Dollar Index
Index Last High Low Daily Change (%) Daily Range (% of ATR)
DJ-FXCM Dollar Index 9894.93 9941.68 9893.14 -0.20 72.57%
USD_Index_Searches_For_Support_Euro_Outlook_Remains_Bearish_body_ScreenShot020.png, USD Index Searches For Support, Euro Outlook Remains Bearish The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.20 percent lower from the open after moving 73 percent of its average true range, and the reserve currency may continue to track lower as it maintains …

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By Roberto De Primis When the Eurozone is striving to find a pragmatic plan to recover, Norway, on its own pursue its lonely prosperous path. Even if Norway is one of the few Western European countries not to be a European member, they contributed to safeguarding the European economy. At the end of December 2011, Norway decided to offer roughly 7…

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Fundamental Headlines • EU Weighs Asset Freeze on Iran’s Bank Tejarat – Bloomberg • Sales of Existing U.S. Homes Likely Rose in December – Bloomberg • Greece, Creditors Move Closer to Deal in Race against Time – Reuters • Fed Holds Off for Now on Bond Buys – WSJ • Big EU Lenders See More Pain – WSJ European Session …

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Talking Points Euro: Greek PSI Talks In Focus, EU Toughens Fiscal Pact British Pound: Capped By 50-Day SMA, BoE To Maintain Dovish Outlook Euro: Greek PSI Talks In Focus, EU Toughens Fiscal Pact The Euro slipped to an overnight low of 1.2889 as Greece struggles to strike a deal with private investors, while the EU announced plans to toughen the …

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Gold and silver changed direction and after they had risen for two consecutive days, they have moderately decreased in yesterday’s trading. Other commodities also traded down including oil (WTI). Yesterday the U.S. initial jobless claims sharply fell by 50k. Today, the U.S. existing home sales report will be published, and Canada’s core consumer price index. For the complete daily gold …

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Editor’s note: Now that Standard & Poor’s has downgraded nine euro-zone countries’ debt ratings, pressure’s mounting on the euro and global markets are feeling the pain. But we also have a lot to look forward to, as well. That’s why I want to share with you an interview my friend and colleague Kevin Kerr did with GoldSeek.com earlier this week

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Mike Larson
Low volume stock rallies driven by nothing fundamental … A steady upward move in bond prices, and decline in interest rates … Levitation in hard assets, and a relentless decline in select currencies. I’m no Sherlock Holmes. But I’d say these market clues point in one direction — that we’re getting stealth Quantitative Easing, this time with a European twist!…

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ZIV Undeservedly Neglected

by Bill Luby on January 20, 2012

in Stocks

Much to my amazement, next week will mark the third anniversary of the launch of the first two VIX ETPs: the S&P 500 VIX Short-Term Futures ETN (VXX) and the S&P 500 VIX Mid-Term Futures ETN (VXZ). Some may recall that investors were slow to warm up to these ETNs (see Charting the Assets of Volatility-Based ETPs), but these two…

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The European Financial Stability Facility (EFSF) was created in May 2010. It works under Luxembourg law and is considered as a company, not an institution (for those trying to make any parallel between the global IMF and the regional EFSF). On January 9th 2012, the President of the European Council, Herman Van Rompuy, acknowledged that the EFSF will be fully …

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