Category: money

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The Wrap: Interbank market news scan for 19 February at 5:00 pm.

5:00 pm EUR/USD 1.1768 GBP/USD 1.3472 CHF/USD 1.2900 AUD/USD 0.7058 NZD/USD 0.5974 JPY/USD 0.0065 CNY/USD 0.1447 Gold 4998.95 Silver 78.35 Source: Reuters U.S. Supreme Court The US Supreme Court today did not issue any court opinions discussing artificial intelligence or large language models. U.S. Court of Appeals-Fourth Circuit The U.S. Court of Appeals for the … Continue reading The Wrap: Interbank market news scan for 19 February at 5:00 pm.

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Interbank market news scan for 10 February 2026 as of 12:59 pm. So far, the price of gold and the price of the euro are going up …

11:00 am EUR/USD 1.1909 GBP/USD 1.3667 CHF/USD 1.3074 AUD/USD 0.7082 NZD/USD 0.6052 JPY/USD 0.0065 CNY/USD 0.1447 Gold 5025.01 Silver 81.32 Source: Reuters What does it mean to govern? To “govern” means to extract from nature that portion necessary for humans to survive. Fair governance means that nature is providing each human with enough resources to … Continue reading Interbank market news scan for 10 February 2026 as of 12:59 pm. So far, the price of gold and the price of the euro are going up …

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The problem government faces from AI and crypto is the validation of its own currency.

I have been listening for the past hour or so to Emad Mostaque, the founder of Intelligent Internet, discuss among other things how money will evolve in terms of use and creation in an artificial intelligence world. I decided to tune in after doing a little prior contemplation on my own as to how currencies … Continue reading The problem government faces from AI and crypto is the validation of its own currency.

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It is less about political interference with the Fed and more about the degree of interference.

There is ongoing concern of a threat by the Executive Branch to the independence of the Federal Reserve System, specifically influence by the Executive Office of the President on the decisions made by the Federal Open Market Committee on monetary policy. I do not think the issue is political threats to the independence of the … Continue reading It is less about political interference with the Fed and more about the degree of interference.

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I don’t think Trump wants to withdraw from the globe. Currency outlooks should reflect this.

Calling Trump’s bluff … European and British banks have been and still are collateralizing Africa and Asia for centuries. Since the mid 1940s, the United States has been providing the military and mercenary duties necessary for protecting European and British extraction of resources from these areas of the world. (Ready to step up your trading … Continue reading I don’t think Trump wants to withdraw from the globe. Currency outlooks should reflect this.

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The markets: It’s the exploding froth on the water that gives real information.

The Middle Class may serve two masters … Real estate analyst Melody Wright made an observation today on the Julia La Roche Show that is in line with my thinking over the past few months. This economy, she noted, is becoming one where labor services the rich or the less fortunate. Restaurants, financial services, etc., … Continue reading The markets: It’s the exploding froth on the water that gives real information.

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Investor protection: Why a trader should be wary of her broker’s knowledge of the economy.

I just finished reading an article written by David Kelly, chief global strategist at JP Morgan Asset Management. In the article, Dr. Kelly shares his thoughts on what he describes as “the delicate health of the economic expansion.” Dr. Kelly estimates that gross domestic production may be viewed as stagnant based on GDP numbers due … Continue reading Investor protection: Why a trader should be wary of her broker’s knowledge of the economy.