by Gerhard Massenbauer | Dec 5, 2025 | Analysis, Markets, Multi-currency
The past month has seen a lot of excitement surrounding the price development of crypto assets, which have lost a significant amount of value. International stock markets have also fallen from their recent highs. There have also been growing concerns about the...
by Gerhard Massenbauer | Nov 28, 2025 | Analysis, Markets, Multi-currency
There is Still Little FX Movement in Autumn Currency movements have virtually come to a standstill over the past month. The USD has fluctuated by less than 3%, and the CHF, SEK, AUD and CAD have also remained virtually unchanged. As expected, the pound continued to...
by Gerhard Massenbauer | Nov 24, 2025 | Analysis, Markets, Multi-currency
While the EUR/USD exchange rate has remained relatively unchanged in recent weeks, the CNY, THB and, in particular, the MYR have strengthened against the USD, while the JPY and KRW have weakened. The USD is moving slowly but steadily downward. This should be...
by Gerhard Massenbauer | Nov 17, 2025 | Analysis, Markets, Multi-currency
However, the Imbalances are Growing Immeasurably When I read newspaper reports, I am amazed at how some crude ideas take root. For example, we constantly read that the price of gold, which has doubled in the last two years, is clearly a bubble. Gold has increased in...
by Gerhard Massenbauer | Nov 11, 2025 | Analysis, Markets, Multi-currency
Given the performance of the stock markets since April 2020, it is not surprising that profit-taking is now occurring after another successful year in 2025. Given the high level of liquidity, the introduction of new debt programmes to finance new infrastructure and...
by Gerhard Massenbauer | Nov 6, 2025 | Analysis, Markets, Multi-currency
Over the past few months, I have repeatedly emphasised that the rise in the USD over the last 15 years was caused by unsecured stock investments. Contrary to the frequent suggestion that foreigners have been withdrawing money from the US in recent months — a claim...
