In anticipation of the first ever press conference by Ben Bernanke as chair of the Federal Reserve last week, there was an escalation in hedge funds bets against the dollar to a staggering $28.6bn. This figure – released by the Commodity Futures Trading Company (CFTC) – is the largest in over a month and $3bn …
Tag Archives: yen
Ping-Ponging World Stocks
There’s bouncing and then there’s mega-bouncing. It seems like global stocks don’t know which way to turn next and just keep on bouncing around. One minute things are looking great and people are ready to pop open the champagne and at other times it looks like a disaster and depression looms. So what is really …