Thursday, July 25, 2013

Is the Dollar Being Removed from Oil Trades?

October 6, 2009 by · Leave a Comment 

The Daily Reckoning Today we’re already seeing a HUGE currency rally versus the dollar, on the news that the Reserve Bank of Australia (RBA) opted to go ahead and hike rates now, rather than wait for November’s meeting… Which I thought they would do! WOW! The first hike has opened Pandora’s Box of interest rate [...]

Money-market backup bank could tap Fed for bailout funds

September 20, 2009 by · Leave a Comment 

Fidelity, Vanguard Said to Plan Emergency Bank for Money Market By Christopher Condon, Bloomberg BOSTON — Fidelity Investments and Vanguard Group Inc. are among firms planning to set up an emergency pool of cash aimed at preventing a repeat of the run on money-market funds a year ago, said two people familiar with the plan. Funds [...]