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ft.com - 10/20/2009
Why the euro is not the next global currency
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The explosion of debate on the demise of the dollar has been instructive, though vastly premature. What is striking, however, is the absence of the euro from talk of alternatives as the global currency. Currency baskets, SDRs, even internationalisation of the renminbi , have been mooted, but not ...
online.wsj.com - 10/21/2009
Euro Tops $1.50; Pound Jumps
— online.wsj.com — BY NEIL SHAH The dollar crossed the key $1.50 threshold against the euro today before a slight... pullback, raising more concerns in Europe about the strength of the euro and the impact it might have on any nascent recovery. European policy makers have ... (more) Euro Tops $1.50; Pound Jumps

Comments vote down ETF Trends found this 10/21/2009found this
Time for the ECB to get serious about the overvalued euro
blogs.ft.com - 10/19/2009
Time for the ECB to get serious about the overvalued euro
— blogs.ft.com — The euro has become a currency on steroids. Its relentless nominal and real appreciation since the end... of 2000 was briefly interrupted in the second half of 2008, but resumed with a vengeance during 2009. The strength of the currency is hurting the ... (more) Time for the ECB to get serious about the overvalued euro

Comments vote down FT Alphaville found this 10/19/2009found this

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FT Alphaville:  Pink picks

Marginal Revolution:  Assorted links

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FT Alphaville — ... After the Great Recession, the economic and political tide has turned against small nations. It is the smalls that have fared worst — Iceland, Ireland, the three Baltic states, writes Rachman . Big is indeed beautiful again. But a world in which small nations can be pushed around more easily will be an uglier place. Jean Pisani-Ferry and Adam Posen: Why the euro is not the next global currency T he explosion of debate on the demise of the dollar has been instructive, though vastly premature, write Pisani-Ferry, director of Bruegel, the Brussels think tank,  and Posen, ...

Assorted links
Marginal Revolution — 1. Blog on Chinese financial markets. 2. Webcast site for my NIH talk, coming on Wednesday noon, on lotteries and randomized control trials in medical research. 3. Very good comments on geo-engineering, with some excellent sentences, and more here. 4. Why the Euro is not the next global currency. 5. Evidence on pedigree effects in academia. 6. Cory Doctorow's publishing experiment.

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The copious government stimulus packages helped bring the eurozone’s exchange traded funds (ETFs) back to life, but like many developed areas, it’s time to tread carefully around monetary policy. Governments of the European Union will need to reduce deficits and public debts that ...
Replace the Dollar? Not so Fast. — CrossingWallStreet.com
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Dollar drops on waning optimism — FT Alphaville
The dollar fell through $1.50 against the euro for the first time in 14 months on Wednesday as optimism over the prospects for global growth continued to weigh on the US currency. The dollar dropped to a low of $1.5017 against the euro in afternoon trading in London, its weakest level since Aug ...
Corporate Earnings Keep The US Dollar Under Pressure — Daily Markets
With global stock market averages fuelled by the lead of an American corporate earnings recovery it is the euro currency that continues to take the credit as it is drawn towards a 14-month high at $1.50 against the dollar. Futile attention to the dollar’s unruly decline drawn by various ...