-
Eastern European Currencies Poised for a Double-Whammy of Pain
by Jack Crooks | Saturday, May 19, 2012 at 7:30am
It’s well known that the euro zone is in deep trouble. But what isn’t so well known is that the Eastern European countries could be in even ... [More »]
-
Latest News Confirms Why the Aussie and Kiwi Are Heading Down …
by Jack Crooks | Saturday, May 5, 2012 at 7:30am
Besides all the exciting and potentially damaging political news flowing from China, we got some other surprising news that ... [More »]
-
This one little detail could tell you when the euro will lose support
by Jack Crooks | Saturday, April 28, 2012 at 7:30am
If you pay attention to finance and economics, you probably understand the common argument against the U.S. dollar: The Federal Reserve’s monetary policy of targeting price levels and full employment, when extremely accommodative, reduces the value of the currency as money supply grows and interest rates are kept low. That’s why the ongoing campaign by [More »]
-
Is the Yuan Ready for Prime Time?
by Jack Crooks | Saturday, April 21, 2012 at 7:30am
Many commentators who follow the global markets were very excited on the recent announcement that China would “widen the trade band” for its ... [More »]
-
Why This Dollar Bull Could Turn Bearish
by Jack Crooks | Saturday, April 14, 2012 at 7:30am
If you’ve been reading my comments on the dollar, you likely know I am long-term bullish based upon the fundamental outlook of the U.S. economy ... [More »]
-
The Euro Will Disintegrate … Germany Is the Reason!
by Jack Crooks | Saturday, April 7, 2012 at 7:30am
There are all sorts of reasons I could list to explain why the euro will disintegrate. You have heard a lot of them before. But as this crisis continues to drag ... [More »]
-
Why the U.S. dollar may be in a sweet spot … a place it hasn’t been for a long time
by Jack Crooks | Saturday, March 24, 2012 at 7:30am
Everyone is rightfully excited over the potential for a strong rebound in the U.S. economy. And there is nothing short of the ... [More »]
-
How Global Rebalancing Could Send the Dollar Soaring!
by Jack Crooks | Saturday, March 17, 2012 at 7:30am
Back in November, I laid out the case for a multi-year bull market in the U.S. dollar. At the time I shared several reasons, and ... [More »]
-
Why following this one variable can make your currency trading profitable
by Jack Crooks | Saturday, March 10, 2012 at 7:30am
As you may know, currency trading is not an easy game. That’s because currencies are driven by many variables. And even when a ... [More »]
-
Beware: Central Bank Bearing Gifts!
by Jack Crooks | Saturday, March 3, 2012 at 7:30am
The joy and confidence that once accompanied the fabrication of the euro single currency regime, a system that would once and for all unite Europe and increase ... [More »]
-
An Easy Way to Buy Emerging Market Currencies
by Jack Crooks | Saturday, February 25, 2012 at 7:30am
I am often asked: What do you think of emerging market (EM) currencies? My usual answer is that many, especially those among the ... [More »]
-
Euro zone: Nice rally, but risk still palpable on Greek death spiral
by Jack Crooks | Saturday, February 11, 2012 at 7:30am
If you are wondering why the euro rallied sharply over the last couple of weeks, hitting a two-month high against the dollar on Thursday, the answer is ... [More »]
-
Why the Yen Is Set to Weaken
by Jack Crooks | Saturday, January 28, 2012 at 7:30am
The problems facing Japan have been building up for some time. And I don’t believe the coming negative impact on its currency can be delayed much longer. Earlier this week I gave ... [More »]
-
Does the ECB Have a Plan to Rescue the Euro? None That I See!
by Jack Crooks | Saturday, January 21, 2012 at 7:30am
We’re constantly talking about how much help the euro zone needs to escape the economic mess they’ve created. So will the European ... [More »]
-
Why 2012 Could Bring the Needed Dip in the Aussie Dollar
by Jack Crooks | Saturday, January 7, 2012 at 7:30am
President Obama got some good news yesterday morning: The U.S. unemployment rate fell to 8.5 percent from 8.7 percent. Imagine, though, the ... [More »]
-
Investors Hate Uncertainty? Poppycock!
by Jack Crooks | Saturday, December 31, 2011 at 7:30am
To me it is mindboggling we still hear financial commentators and others who should know better utter this inane phrase on a regular basis ... [More »]
-
Merry Christmas from the ECB … and Happy New Year from the Federal Reserve!
by Jack Crooks | Saturday, December 24, 2011 at 7:30am
The $50 billion in renewed currency swap lines at the beginning of December was a nice stocking stuffer for the euro zone ... [More »]
-
Asia Screeches … Dollar Zooms
by Jack Crooks | Saturday, December 17, 2011 at 7:30am
I find it interesting how complacent many investors still are regarding Asia, China in particular. But I guess if one vests so much time and effort to ... [More »]
-
Monti Drives Stake in Euro’s Heart — Sends Italy Down Greece-Paved Road!
by Jack Crooks | Saturday, December 10, 2011 at 7:30am
As I watched the ECB news conference on Thursday, I kept wondering how the ECB president, Mario Draghi, could have ... [More »]
-
Monetary collusion masking a vulnerable Aussie dollar
by Jack Crooks | Saturday, December 3, 2011 at 7:30am
This week global central banks announced a coordinated effort to inject liquidity into credit markets. From Reuters: “The central banks of ... [More »]
-
The Japan-China Parallel: Is the Hot Money Already Running from China?
by Jack Crooks | Saturday, November 26, 2011 at 7:30am
“If you do not change direction, you may end up where you are heading.” — Lao Tzu - Most everyone thinks they know where China is headed — that is ... [More »]
-
My Nine Reasons Why the U.S. Dollar May Have Bottomed
by Jack Crooks | Saturday, November 19, 2011 at 7:30am
It’s always difficult to pinpoint where we are in terms of a trend, whether it’s in stocks, bonds, or other assets. Long-term trends in the ... [More »]
-
Is a return to the gold standard on the horizon?
by Jack Crooks | Saturday, November 12, 2011 at 7:30am
I’m not trying to scare you. But here are a few popularized quotes from Jon Maynard Keynes that you should pay attention to ... [More »]
-
How to Avoid the 6 Traits of Market Fools
by Jack Crooks | Saturday, November 5, 2011 at 7:30am
Traits we all exhibit at times are what swiftly separates us from our money. And today, I’d like to examine these common traits. [More »]
-
Stronger yuan, higher labor costs, eurozone threaten China’s advantage
by Jack Crooks | Saturday, October 29, 2011 at 7:30am
Bank of Canada governor Mark Carney said the euro-zone crisis poses the biggest risk to Canada’s economy; and it could take years to fully play out. But that’s one reason why he just announced the BOC has lowered the growth targets from 2.8 percent to 2.1 percent in 2011 and from 2.6 percent to 1.9 [More »]
-
Aussie Dollar in a Copper Cauldron!
by Jack Crooks | Saturday, October 22, 2011 at 7:30am
I keep thinking that any day now the Australian dollar will take a dirt nap. It took one back in mid-2008, falling a stunning 39 percent in just three months in the midst of the ... [More »]
-
Successful Trading Is NOT about Being a Genius
by Jack Crooks | Saturday, October 15, 2011 at 7:30am
During my currency trading career, three books have had a profound influence on me by dispelling several common beliefs. And perhaps they can help you too. The first was ... [More »]
-
The Bank of England falls off the wagon. The pound could be sore in the morning!
by Jack Crooks | Saturday, October 8, 2011 at 7:30am
Another major central bank opens up the flow of more liquidity. This time it was the Bank of England (BOE). And it was only a matter of time. The UK ... [More »]
-
Are hedge fund managers dumping gold to raise cash?
by Jack Crooks | Saturday, October 1, 2011 at 7:30am
The swift sell-off in gold surprised many, as it seemed a foregone conclusion that this gold game was so easy. “Oh yeah, $2,000 gold and beyond is slam dunk ... [More »]
-
The Flight to Safety Intensifies!
by Jack Crooks | Saturday, September 24, 2011 at 7:30am
I noticed copper and the Australian dollar were both getting crushed on Monday. And gold — while not tumbling as fast as, say copper — is also seeing its fair share of selling this week. But ... [More »]
-
Warning Flags: Gold … and Emerging Currencies
by Jack Crooks | Saturday, September 17, 2011 at 7:30am
Two Thursdays ago President Obama threw a crack at South Korea: “... while they’re adding teachers in places like South Korea, we’re laying them off in droves. It’s unfair to ... [More »]
-
The Most Important Rule of Currency Trading
by Jack Crooks | Saturday, September 10, 2011 at 7:30am
There is so much talk out there about what moves currencies. Granted, at any point in time it could be anything ... news, geopolitics, economics, earthquakes ... on and on ad infinitum. But I want to step back a bit from the news and hot trade ... [More »]
-
The Dollar as a Reserve Currency Is Awful, until You Consider the Alternatives!
by Jack Crooks | Saturday, September 3, 2011 at 7:30am
I hear a lot of complaints about the U.S. dollar as the world’s reserve currency. Many of the criticisms leveled at the buck aren’t on the mark ... many are. But there are good ... [More »]
-
Ditch the dollar for these two trading opportunities …
by Jack Crooks | Saturday, August 27, 2011 at 7:30am
When we think of trading opportunities in the currency market our first question is usually: What’s the dollar doing? From an analytical perspective, that’s the right question to ask first because the dollar is the world’s reserve currency and ... [More »]
-
What a Difference a Week Makes
by Jack Crooks | Saturday, March 28, 2009 at 7:30am
Last week's big news: The Federal Reserve announced they'd "officially" take up quantitative easing to finance the massive stimulus spending. The Fed's decision to buy long-term Treasuries ... [More »]
-
Superhero Buffet vs. Economic Kryptonite
by Jack Crooks | Saturday, March 14, 2009 at 7:30am
I can’t help but lead with this Bloomberg.com headline ... even though it has little to do with me or currencies: Buffett’s Berkshire Has AAA Debt Rating Cut by Fitch. You mean to tell me the ... [More »]
-
Dollar Bears: Be Very Careful
by Jack Crooks | Saturday, February 28, 2009 at 7:30am
The rest of the world cannot yet decouple from the United States' economy. Excessive deleveraging of U.S. dollar-based credit is the sure sign that investors have come to understand ... [More »]
-
European Monetary System in Big Trouble
by Jack Crooks | Saturday, February 21, 2009 at 7:30am
When others were fawning over the European Union and its committee creation of the euro, Milton Friedman made this prescient and brilliant comment: “It seems to me that Europe, especially with ... [More »]
-
Who will be the best swimmer?
by Jack Crooks | Saturday, February 14, 2009 at 7:30am
Americans are beginning to realize the gravity of the current U.S. economic situation. After the new Treasury Secretary spoke earlier this week he left us with a very uncomfortable feeling: This problem is ... [More »]
-
An epic battle being waged
by Jack Crooks | Saturday, February 7, 2009 at 7:30am
There is a battle being waged now in the world of economics. This battle is fierce. And no matter who wins, the impact will be felt far and wide. I dub this epoch struggle: “Godzilla vs. King Kong” ... [More »]
-
The U.K. Not OK
by Jack Crooks | Saturday, January 31, 2009 at 7:30am
Great Britain’s Prime Minister, Gordon Brown, is meddling in the Bank of England and U.K. Treasury, much the same way that our Hank Paulson and Ben Bernanke have done. And now everything that Mr. Brown is ... [More »]
-
Despite lousy fundamentals, the dollar’s rally will continue
by Jack Crooks | Saturday, January 24, 2009 at 7:30am
Prices of assets and securities lie very much on expectations for the future. Indeed, when optimism is present, it’s only natural to expect ... Confidence in the market place … Long-lasting spending sprees … [More »]
-
Latest figures reveal U.S. dollar in a position to appreciate
by Jack Crooks | Saturday, January 17, 2009 at 7:30am
The U.S. has become the most significant consumer in the world when it comes to demanding finished goods and discretionary items. Now, however, U.S. consumers are holding on to their wallets ... [More »]
-
U.S. Unemployment Boosts the Dollar?
by Jack Crooks | Saturday, January 10, 2009 at 7:30am
Yesterday was a big day for the market. The mother of all economic data reports created its usual commotion. That is, U.S. Non-Farm Payrolls were released ... and the numbers ... [More »]
-
The U.S. Looks Ugly Indeed, But It's All Relative
by Jack Crooks | Saturday, January 3, 2009 at 7:30am
There are major imbalances across the global economy ... Some countries save too much, others borrow and spend too much. These imbalances go back and forth as economies rebalance ... [More »]
-
3 hidden treasures for currency investors
by Jack Crooks | Saturday, December 27, 2008 at 7:30am
I’m often hearing how much everyone seems to be anxious to put a lid on 2008 and get started over — refreshed. I can understand that. This has been a very challenging year for many investors ... [More »]
-
A super deal on the U.S. dollar
by Jack Crooks | Saturday, December 20, 2008 at 7:30am
Traders have slashed the price of the U.S. dollar. And that’s terrific news! Now you can get your hands on greenbacks far cheaper than you could only two weeks ago ... [More »]
-
Euro set to weaken substantially
by Jack Crooks | Saturday, December 13, 2008 at 7:30am
There’s been a strong move against the U.S. dollar this week. But am I envious of the euro right now? Definitely not. Technically the dollar is extremely overbought. So I expect ... [More »]
-
The gates to dollar heaven are guarded by skeptics
by Jack Crooks | Saturday, December 6, 2008 at 7:30am
I was doing some research earlier in the week, and I came across a blog I’d never heard of written by a guy I’d never heard of on a topic that we’ve all most certainly heard of ... the U.S. dollar ... [More »]
-
Why This "Mouse" Is About to Roar!
by Jack Crooks | Sunday, November 30, 2008 at 7:30am
Most investors are understandably fixating on the spectacle of the U.S. debt crisis and Washington’s $7.8 trillion in loans, investments, commitments and guarantees designed to end it. So when ... [More »]
-
Why the Euro Is Set to Fall Further …
by Jack Crooks | Saturday, November 29, 2008 at 7:30am
Is anyone less thankful this year than last year? It’s probably safe to bet on YES. I don’t have to run through it all — we’ve been bludgeoned by all that’s bad in the global economy and financial system ... [More »]
-
What’s bearish for stocks, is bullish for the dollar
by Jack Crooks | Saturday, November 22, 2008 at 7:30am
I came across a study that confirms just how tightly tied the markets have become. According to James Bianco, president of Bianco Research LLC: Over the last six months, seven separate assets ... [More »]
-
The U.S. Dollar is Gonna be Around for a Long, Long, LONG Time
by Jack Crooks | Saturday, November 15, 2008 at 7:30am
It's times like these when I'm really glad that I haven't devoted myself to trading in the stock and commodities market. Sure there's money to be made, even on the downside. However, the dynamics ... [More »]
-
The Japanese Yen is About to Skyrocket. It's Time to Jump On Board!
by Jack Crooks | Saturday, November 8, 2008 at 7:30am
Last year I dedicated several Money and Markets columns solely to my expectations for the Japanese yen carry trade to unwind. But since that trend took a breather in the middle of this year ... [More »]
-
The U.S. Economy Stinks, but the Dollar Smells Like a Rose
by Jack Crooks | Saturday, November 1, 2008 at 7:30am
An advance report of third-quarter U.S. GDP showed a decline of 0.3%. That's awfully pathetic, right? But not quite as pathetic as the 0.5% that was anticipated ... Still, there's no denying that ... [More »]
-
Burning Question: Won't This All Be Inflationary?
by Jack Crooks | Saturday, October 25, 2008 at 7:30am
It’s a popular notion when the financial winds are blowing unfavorably: Money is being printed uncontrollably ... inflation is the only option ... fiat currencies are doomed. The thing is, if you’re ... [More »]
-
Making Money from Loonies and Pesos …
by Jack Crooks | Saturday, October 18, 2008 at 7:30am
I've clearly laid out my reasons why the U.S. dollar has rallied sharply versus most of the world's currencies ... and why it's got a lot of room left to climb. But in case you missed my previous ... [More »]
-
Currencies and Cotton Candy Rate Cuts
by Jack Crooks | Saturday, October 11, 2008 at 7:30am
I understand that the lending system is in bad shape. Or more specifically, that it's barely functioning at all. We're well past the point when central banks and governments around the globe inexplicitly declared it their duty to save their ... [More »]
-
The Euro and British Pound Come Down to Earth
by Jack Crooks | Saturday, October 4, 2008 at 7:30am
Don't look now, but the Eurozone and England are in big trouble. Actually, you do need to look now because there's no point in turning your head away from what's driving global financial ... [More »]
-
The Moral Hazards of This Week's Events
by Jack Crooks | Saturday, September 20, 2008 at 7:30am
I applaud you if you’ve made it through this past week with only a few scratches and bumps in your trading account. I know for a fact that plenty of traders got their lunch handed to them. Thanks to what I call the “visible hand” theory of central banks and the U.S. Treasury, times like [More »]
-
The U.S. Trade Deficit is NOT a Vice
by Jack Crooks | Saturday, September 13, 2008 at 7:30am
The public is consistently fed doomsday scenarios from sources that absolutely should not be ill-informed, including the International Monetary Fund, the Federal Reserve and the ... [More »]
-
Uncle Sam Vs. The Market Process
by Jack Crooks | Saturday, September 6, 2008 at 7:30am
In America, times like these don't come around often. Usually, Americans are blessed with economic prosperity. Enduring periods of stagnant or shrinking economic growth are ... [More »]
-
Exports: Our Saving Grace
by Jack Crooks | Saturday, August 30, 2008 at 7:30am
Since the start of the U.S. housing downturn we've been told that consumers were in trouble. After the subprime market shakeout we were told our economy was in trouble. And after ... [More »]
-
Inflation, European Style
by Jack Crooks | Saturday, August 23, 2008 at 7:30am
The public perspective of inflation is mostly vis- [More »]
-
Dollar's Rise Helps Level the Currency Playing Field
by Jack Crooks | Saturday, August 16, 2008 at 7:30am
After a dramatic two weeks in the currency market, I figured now is a good time to run through the recent action. Plus, I'll give you my outlook for the major currencies making the most noise ... [More »]
-
Spreading Economic Weakness Is Dollar Positive
by Jack Crooks | Saturday, August 9, 2008 at 7:30am
Yesterday, the dollar rallied hard against the euro. And today I want to tell you what I think is happening. Let's start with a question ... What happened to decoupling, the idea that other ... [More »]
-
Two Lessons from this Week?s Dollar Action
by Jack Crooks | Saturday, August 2, 2008 at 7:30am
You can never actually know for sure what's going to happen on any given day, in any given market. And it's thinking you do know that can get you into real trouble. Instead, you should ... [More »]
-
Euro Sinks, Pound Cracks, ComDols Plunge! Crisis Currencies Big Beneficiaries!
by Jack Crooks | Saturday, July 26, 2008 at 7:30am
I'll admit it ... I'm tired of hearing dollar-negative mumbo jumbo ... regardless of how bad, anemic, ill, contagious, disastrous, or doomed the U.S. economy might be. On various occasions in ... [More »]
-
Ben Bernanke: Destroyer of Worlds
by Jack Crooks | Saturday, July 19, 2008 at 7:30am
I love readers' comments at the end of online articles and blog entries. I recently came across one at the end of an article regarding general Federal Reserve policy that simply said: ... [More »]
-
New Zealand Dollar in Trouble!
by Jack Crooks | Saturday, July 12, 2008 at 7:30am
Last week I told you the U.K. could see a worse economic downturn than the U.S., and said that would weigh heavily on the British currency. Meanwhile, one of my readers who resides ... [More »]
-
UK Housing Bust Spells Trouble for Pound
by Jack Crooks | Saturday, July 5, 2008 at 7:30am
I've pointed out many times here in my Money and Markets column that interest rates and economic growth are always the two primary fundamental drivers of currency prices. Therefore, ... [More »]
-
Will Tightening Bias Spark Forex Rally?
by Jack Crooks | Saturday, June 28, 2008 at 7:30am
If you think the U.S. has inflation problems, get a load of this ... year-over-year consumer prices in Vietnam just surged by a whopping 26.8%. The month-over-month numbers jumped a ... [More »]
-
Credibility of Fed and U.S. Dollar at Stake ?
by Jack Crooks | Saturday, June 21, 2008 at 7:30am
For the currency markets I follow, and every other financial market right now, inflation is the buzz word. Each and every new report of rising prices releases new concern — whether the threat is revealed in Brazil, the United States, ... [More »]
-
Dollar Showing Signs of Life
by Jack Crooks | Saturday, June 14, 2008 at 7:30am
The last few months have certainly left currency traders scratching their heads. And the dollar's path of consolidation, after touching an all-time low on March 17, is offering up far more questions ... [More »]
-
How to Deal with Knee-Jerk Market Reactions
by Jack Crooks | Saturday, June 7, 2008 at 7:30am
This past week was a roller coaster ride in the currency markets, and it sure ended with a bang. I'll get to the big news in a second. And I'll also tell you what to make of this market. But first ... [More »]
-
Has the Buck Bottomed?
by Jack Crooks | Saturday, May 31, 2008 at 7:30am
It's my job to analyze the markets, turn them upside down, inside out, and always consider both sides of the story. That's the only way to make informed trading decisions, and to make sure the odds ... [More »]
-
Stocks and Oil Point to New Dollar Low
by Jack Crooks | Saturday, May 24, 2008 at 7:30am
Just when nibbling at a dollar rally started to look safe — bam! The real world of rising risk reared its ugly head again. Two markets that reflect risk are the stock market and crude oil ... [More »]
-
How the Recession Will Affect the Dollar
by Jack Crooks | Saturday, May 17, 2008 at 7:30am
Too severe, or not too severe; that is the question. I'm talking about the U.S. recession that we're already in, about to be in, or hoping to avoid. At this point it depends a lot on how you approach the subject ... [More »]
-
Dollar out of the Doghouse?
by Jack Crooks | Saturday, May 10, 2008 at 7:30am
The dollar is gripping tightly to its two-week rally even though the fundamentals have changed very little. So what's behind the market's sentiment shift? Less-dovish rhetoric from the Fed? That could be ... [More »]
-
Fed Decision Leaves Traders Chasing U.S. Dollar
by Jack Crooks | Saturday, May 3, 2008 at 7:30am
Michael Jordan was a phenomenal basketball player in the 1980's and 1990's. Many consider him the greatest of all time. And he's probably best remembered for winning championships and uncannily ... [More »]
-
How Tuesday’s FOMC Meeting Will Impact U.S. Dollar
by Jack Crooks | Saturday, April 26, 2008 at 7:30am
Given the way things stand, I’d say a rate cut of 25 basis points or fewer likely won’t kick off an extended dollar decline. And if the Fed does opt out of rate cuts this time around, it would be a huge departure from expectations leading up to the decisi [More »]
-
No Rest for the Currency Markets!
by Jack Crooks | Saturday, April 19, 2008 at 7:30am
After a long week full of action, I’m ready to relax a bit. Too bad the currency markets don’t look like they’re ready to take a breather ... [More »]
-
Real Interest Rates Hit -12.55% As Inflation Explodes!
by Jack Crooks | Friday, April 18, 2008 at 7:30am
If you've been following the news, you know the Federal Reserve has been cutting interest rates. The benchmark federal funds rate was 5.25% last summer. It's all the way down to 2.25% now, and ... [More »]
-
Sentiment Analysis: How Perception Drives Prices
by Jack Crooks | Saturday, April 12, 2008 at 7:30am
Topsy-turvy markets like these can easily make your head spin. I mean, we're currently dealing with overdone trends, implosive fundamentals, government regulation and an increasingly globalized ... [More »]
-
Has the U.S. Dollar Bottomed?
by Jack Crooks | Saturday, April 5, 2008 at 7:30am
"A bottom in the dollar? Are you kidding me?" are just two of the incredulous questions you might be asking after reading this title. All snickering aside, I do think it's time to start considering something ... [More »]
-
Consumer Crunch Is Bad News for the Buck
by Jack Crooks | Saturday, March 29, 2008 at 7:30am
The credit market is taking no prisoners. We've heard of many major banks and institutions running into problems they're not able to hide from. In fact, many of the skeletons they've tucked away in ... [More »]
-
Dollar's Fate Rests with the European Central Bank
by Jack Crooks | Saturday, March 22, 2008 at 7:30am
Surprise, surprise — the Federal Reserve cut interest rates this week. Okay, maybe it was no surprise, but the precise action taken by the Fed caught quite a few know-it-alls off guard. I say ... [More »]
-
Assault on U.S. Dollar Continues Unabated
by Jack Crooks | Saturday, March 15, 2008 at 7:30am
There appears to be no end in sight for the sliding greenback. This dollar of ours is rapidly falling to depths where no dollar has gone before. In fact, to say that it's unclear when we can expect a recovery ... [More »]
-
Three Strikes Against the U.S. Dollar
by Jack Crooks | Saturday, March 8, 2008 at 7:30am
Outside of my family, the two great loves of my life are currencies and baseball. And there are so many parallels between the two it's not even funny. Take the notion of a "rebuilding season" ... [More »]
-
Money Pumpers Facing Crunch Time!
by Jack Crooks | Saturday, March 1, 2008 at 7:30am
While nearly all eyes on Wall Street were riveted to the Dow's 315-point decline yesterday, the action in the U.S. dollar was even more dramatic, plunging to new all-time record lows! But I still don't ... [More »]
-
Why the Australian Dollar Looks Strong
by Jack Crooks | Saturday, February 23, 2008 at 7:30am
The storm hanging over the U.S. economy has stalled. Key indicators aren't turning up; heck, they're not even turning sideways yet. It's clear the dark clouds raining down on the economy ... [More »]
-
A Crucial Turning Point for the Dollar?
by Jack Crooks | Saturday, February 16, 2008 at 7:30am
No matter how much money you've made betting against it, there comes a point when you've got to start feeling sorry for the U.S. dollar. In recent years it's become more hated than even the ... [More »]
-
The Currency Winds Are Shifting
by Jack Crooks | Saturday, February 9, 2008 at 7:30am
"The trend is your friend." I'm sure you've heard this market adage a thousand times before. And the wisdom behind that saying has, more often than not, proven absolutely correct. It's a lot ... [More »]
-
Bernanke Declares War on the Dollar!
by Jack Crooks | Saturday, February 2, 2008 at 3:37pm
It's hard to believe that the greenback could get any worse off than it already is, but the Federal Reserve looks dead set on doing everything in its power to punish the buck even more ... [More »]
-
What the "Dollar Smile" Is Telling You
by Jack Crooks | Saturday, January 26, 2008 at 7:30am
Forecasting market tops and bottoms is a mug's game. In reality, the best we can do is trade with confidence when the time is right. In fact, I've learned the key to long-term market ... [More »]
-
History Points to a Yen Rally!
by Jack Crooks | Saturday, January 19, 2008 at 7:30am
I wish I had a dollar, or maybe a euro, for every time an analyst equated the current subprime mortgage crisis to the Asian financial crisis, and every time the housing bubble was ... [More »]
-
Dollar and Pound Both Heading Down!
by Jack Crooks | Saturday, January 12, 2008 at 7:30am
The housing market in the United States is collapsing. It's no longer a secret. Nor do you have to be an economist to see how the real estate contagion is taking its toll on the broader ... [More »]
-
U.S. Recession; How to Play Currencies
by Jack Crooks | Saturday, January 5, 2008 at 7:30am
Recession is the operative word for the U.S. economy right now. The housing market is already there. And various other economic indicators are pointing straight down. Just look at the latest ... [More »]
-
History Foretells Massive Yen Rally
by Jack Crooks | Saturday, December 29, 2007 at 7:30am
First, and most importantly, I hope you're closing out a happy, healthy and prosperous year. And I wish you the best in everything that 2008 brings. When the markets are as exciting and ... [More »]
-
British Currency Ready for a Pounding!
by Jack Crooks | Saturday, December 22, 2007 at 7:30am
Throughout the year, we've told you why the U.S. dollar was weakening. The reasons are many, and most of them are still relevant. But as 2007 winds down, I want to tell you what could be ... [More »]
-
Now Is the Time for Caution!
by Jack Crooks | Saturday, December 15, 2007 at 7:30am
I hope you were strapped in for the week-long rollercoaster ride that began after the Federal Reserve's interest rate announcement on Tuesday. The 25-basis-point rate cuts failed to satisfy ... [More »]
-
Home market imploding! Japanese yen exploding!
by Jack Crooks | Saturday, December 8, 2007 at 7:30am
While the mainstream media is cheering Washington's new bailout plan for homeowners, bad news keeps pouring out of the U.S. housing markets like the floodwaters of the Chehalis River ... [More »]
-
Why the Yen Is Ready to Ricochet
by Jack Crooks | Saturday, December 1, 2007 at 7:30am
The Japanese yen is like a global risk thermometer. When it's going up, investors are nervous. And now, not only has the yen been going up ... but I think the mercury will soon break through ... [More »]
-
Why the U.S. Wants the Dollar to Fall
by Jack Crooks | Saturday, November 24, 2007 at 7:30am
Imagine that you have $2.8 trillion sitting around. And for kicks, let's assume that most of that money, about two-thirds, is invested in U.S. dollars and other dollar-denominated assets like ... [More »]
-
A Dollar Mirage in the Desert
by Jack Crooks | Friday, November 16, 2007 at 7:30am
I'm in Las Vegas for the Traders' Expo right now, where I'm going to teach a group of investors how to cash in on currencies. Today, I want to share with you what I'm going to tell them here in ... [More »]
-
China Slams Dollar; Yen Looks Great!
by Jack Crooks | Friday, November 9, 2007 at 7:30am
China is getting very good at controlling currency values, and not just their own. While it's no secret they've been artificially suppressing the value of the Chinese yuan, they're now pushing down the ... [More »]
-
Bernanke Should Take a Hike!
by Jack Crooks | Friday, November 2, 2007 at 7:30am
The slumping housing market and the ongoing credit crunch have been a major thorn-in-the-side for the U.S. economy for many months, and conditions are likely to get worse before they get better. However ... [More »]
-
A Booster Shot for the Yen
by Jack Crooks | Friday, October 26, 2007 at 7:30am
It's often been said that when the U.S. sneezes, economies around the world catch a cold. But even as health warnings of a 'superbug' staph infection spread across the U.S., our weakened economy appears ... [More »]
-
The Buck Still Stuck in a Rut
by Jack Crooks | Friday, October 19, 2007 at 7:30am
The finance ministers of six leading nations — Germany, France, Italy, Britain, Canada, and Japan — will meet with Treasury Secretary Henry Paulson in Washington today. And you can bet there's one topic ... [More »]
-
How Low Can the Dollar Sink?
by Jack Crooks | Friday, October 12, 2007 at 7:30am
A rip current can suck even experienced ocean-goers out to sea. So it's no surprise that a weaker swimmer doesn't stand a chance amid such a powerful force. Right now, the U.S. dollar is in a similar ... [More »]
-
Watch these key currency moves!
by Jack Crooks | Friday, October 5, 2007 at 7:30am
Last week, I said the U.S. dollar could get whacked by blows from both the Middle East and the Far East. I told you how Saudi Arabia was backing away from its allegiance to the greenback and that other ... [More »]
-
A One-Two Punch from the East
by Jack Crooks | Friday, September 28, 2007 at 7:30am
The U.S. dollar index has just plunged to its lowest level of all time. Back in 1992, its extreme intraday low was 78.19. Yesterday, it reached 78.16 – a historic event that signals a stronger and more ... [More »]
-
Bernanke and the Saudis punish the dollar!
by Jack Crooks | Friday, September 21, 2007 at 7:20am
With the dollar barely above an all-time low against a basket of the world's major currencies, two major events have now burst onto the scene, slamming it even further: First, Ben Bernanke and his friends ... [More »]
-
One of the Greatest Market Moves of All Time
by Jack Crooks | Friday, September 14, 2007 at 7:30am
Martin here with a change in our line-up that will make a lot of readers very happy: The dollar's decline is now so critical — and surging foreign currencies so potentially profitable — that we ... [More »]
-
The Biggest One-Way Bet of All Time
by Jack Crooks | Friday, August 24, 2007 at 7:30am
Since Mike Larson is off today, he's asked me to fill in for him. And his request couldn't have come at a better time: My specialty is foreign currencies. Foreign currencies have been surging against the ... [More »]
Filtered by author: Jack Crooks
