(eToro Blog) Earlier today, the Reserve Bank of Australia released the minutes of its April 3rd policy meeting, and there was explicit mention of the possibility of additional easing. Some analysts get the sense that there is also the potential not only for a single rate cut perhaps as soon as next month, but

Since 2000, gold bugs have had been laughing at the yellow metal’s naysayers. Legendary investors including Warren Buffett and George Soros have taken turns criticizing gold, whether it be to say the precious metal is a bubble waiting to pop or to note gold really has no utility.

Even with an ample chorus of

Since 2000, gold bugs have had been laughing at the yellow metal’s naysayers. Legendary investors including Warren Buffett and George Soros have taken turns criticizing gold, whether it be to say the precious metal is a bubble waiting to pop or to note gold really has no utility.

Even with an ample chorus of

Once again, the US dollar index is heading higher, gaining as concerns about what’s happening in the eurozone take precedence over much else. Greenback is also getting help from the fact that the US economy seems ready to recover better than the eurozone economy right now.

US dollar is higher against European currencies today, gaining against

For years, other countries have been asking China to let the yuan, also called then renminbi, to float more freely on the currency market. It appears that China is doing that now, with an announcement that the yuan will be allowed to float more freely against the US dollar.

China announced that it will allow the yuan to float a little more freely a

(eToro Blog) At the most recent auction of Spanish treasury notes, yields had pushed close to 6%, a level which is deemed psychologically important to investors and which could precipitate a rise to 7%, a level at which is deemed unsustainable by the majority of analysts. While the ECB could embark on another

(eToro Blog) The trading week ended on Wall Street with much more than a whimper as the sell-off during Friday’s final hours meant that the major indices would each record their worst 1-week decline thus far in 2012. The VIX, which gauges market fear, jumped 2.35 points higher to close at 19.55.

On Friday, the