Dollar
What is ahead for the US Dollar given the large Current Account Deficit
Submitted by Van Beek on September 30, 2010 - 06:35The Current Account deficit for the US is at this moment $123 billion per quarter and 3.3% of GDP. This is less than the 6% in 2006 but still at a level that most economists consider to be unsustainable in the long term. The decline is probably caused by the economic situation and could be temporary. So, what does this mean and what is ahead for the US?
In this article we focus on what the consequences could be for the US given its large Current Account deficit and the factors that are driving this deficit.
Why is the Japanese Yen so Strong
Submitted by Van Beek on September 9, 2010 - 15:04The question on why the Japanese Yen is now so strong against the U.S. Dollar is asked repeatedly the last few weeks, months and years.
The Yen reached recently a 15-year high against the Dollar. Was this in line with expectations? What is happening and what is causing this? Here are the analysis and conclusions on why the Yen is so strong.
