Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Saturday, June 06, 2015
Japanese Yen Falls to a 17-Year Low -- Watch How It Got There / Currencies / US Dollar
By: EWI
Put differently, USDJPY is now trading at a 17-year high... but will it last?
You'll find many explanations in the news why the U.S. dollar is trading at the highest point against the Japanese yen since 2002. Most of them have one thing in common:
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Friday, June 05, 2015
China's Five Year Plan and The End of an Era / Currencies / Fiat Currency
By: Alasdair_Macleod
China is in the late stages of constructing its thirteenth five-year plan, a process that commenced over a year ago and will result in a first draft in October. While the bulk of the plan will concern regional and domestic development, it is the international aspects that will concern the rest of the world. The plan, which will produce specific goals for 2016-20, is already having an effect on China's foreign and trade policy.
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Thursday, June 04, 2015
Bitcoin “Total Crypto Breakdown” Highlights Risks To Digital Assets / Currencies / Bitcoin
By: GoldCore
- Bitcoin wallet app Blockchain suffers major security blunder
– Poor tech sees multiple accounts being created using same address
– Security lapses in electronic and digital currencies not uncommon
– Bitcoin and cryptocurrencies in infancy but are useful tools
– Physical gold offers most secure form of wealth preservation
Tuesday, June 02, 2015
Has Bitcoin Price Down Move Begun? / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, $stop-loss at $247, take-profit at $153.
More banks are looking into the possibility to use Bitcoin's underlying technology, the blockchain, to develop their own solutions without necessary relying on Bitcoin itself, we read on the American Banker website:
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Tuesday, June 02, 2015
Greek Government Favours Drachma - Won't Bow to Blackmail / Currencies / Eurozone Debt Crisis
By: GoldCore
- Merkel, Hollande, Juncker, Lagarde and Draghi in “emergency” meeting re Greece
- Bankrupt Greece must find €1.6 billion to pay IMF in June
- First instalment of €300 million due on Friday
- Leaders of EU, IMF and ECB hold emergency summit in Brussels
- 58% of Syriza membership in favour of returning to Drachma
- Unforeseeable consequences and risks of ‘Grexit’
Monday, June 01, 2015
EURUSD Technical Outlook / Currencies / Euro
By: Austin_Galt
Let's take a bottom up approach to the analysis beginning with the daily chart.
Friday, May 29, 2015
Two of the World's Best Investors Want You to Own This Currency / Currencies / Gold and Silver 2015
By: DailyWealth
By Brian Hunt and Ben Morris: They're not all household names like Warren Buffett...
But they're superstars in the money-management business... And you can learn a lot by looking at how they're investing.
One of the main goals in our DailyWealth Trader service is to pass along insights, strategies, and actionable ideas from top money managers. These elite investors have decades of experience, high-level contacts, huge research budgets, and long track records of success.
Friday, May 29, 2015
Tense Days for Bitcoin / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, $stop-loss at $247, take-profit at $153.
Barry Silbert, a Bitcoin investor, might think that companies in the like of Western Union and MoneyGram will be devastated by Bitcoin, we read on the Entrepreneur website:
Read full article... Read full article...The near-demise of Kodak is a famous parable in business circles, illustrating the need for deeply-entrenched organizations to adapt in the face of evolving technology.
Thursday, May 28, 2015
This New Currency Could Wipe Out the Euro / Currencies / Euro
By: Investment_U
Sean Brodrick writes: Greece, the cradle of Western civilization, is poised to rock the world again.
For a country with gross domestic product equivalent to the Miami metropolitan area, that’s no small feat. But it could rock the financial world in an old-fashioned way that many historians would recognize - by printing money.
The situation in Greece is much more dire than most people realize. You may have heard that Greece recently made a $494 million payment on $32 billion that it owes the International Monetary Fund (IMF).
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Thursday, May 28, 2015
Euro Sclerosis / Currencies / Euro
By: Alasdair_Macleod
There appears to be little or nothing in the monetarists’ handbook to enable them to assess the risk of a loss of confidence in the purchasing power of a paper currency. Furthermore, since today’s macroeconomists have chosen to deny Say’s Law[1], otherwise known as the laws of the markets, they have little hope of grasping the more subtle aspects of the role of money in price formation. It would appear that this potentially important issue is being ignored at a time when the Eurozone faces growing systemic risks that could ultimately challenge the euro’s validity as money.
Tuesday, May 26, 2015
USD Seems Quite Strong Against GBP and JPY / Currencies / US Dollar
By: Gregor_Horvat
Cable is not so aggressively down at the start of this week, but still bearish with no overlaps. We see an impulse in progress towards lower levels, within an extended blue wave (iii).
GBPUSD 1h Elliott Wave Analysis
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Tuesday, May 26, 2015
Should We Dump the Euro? / Currencies / Euro
By: Frank_Hollenbeck
The Greek drama continues to unfold with the risk of a “Grexit” becoming increasingly likely. Yet, a large majority of the Greek people want to keep the euro. This would force the Greek government to live within its means, which isn’t a bad thing. With anti- austerity parties gaining strength continent wide, Greece may be the first, and not the last, to leave. Yet, the problem in Europe is not the euro, but excessive government regulations, spending, and taxation.
Saturday, May 23, 2015
Bitcoin Price Short Trade / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, $stop-loss at $247, take-profit at $153.
Bitfinex, one of the leading Bitcoin exchanges, may have been compromised. On the exchange's website, we read:
Read full article... Read full article...Urgent action required
Monday, May 18, 2015
Payments, Currencies, and Broken Money / Currencies / Fiat Currency
By: Dr_Jeff_Lewis
“If you want a vision of the future, imagine a boot stamping on a human face – forever.”- George Orwell
As an advocate for sound money, I am forever tormented by the egregious and overt growth of asset confiscation. The indirect tax from monetary inflation, bank bail outs and coming bail-ins, moral hazard, two tiers of justice accompanied by the gradual conditioning of the masses toward acceptance and true self denial.
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Monday, May 18, 2015
The Money Illusion: What This Picasso Tells Us About the Dollar / Currencies / US Dollar
By: ...
MoneyMorning.com Michael E. Lewitt writes: With the purchase of Picasso's Les Femmes d'Alger dans leur appartement (Version O) for $179 million, the world was served up another piece of evidence that money has lost all value.
Some will argue that such a price is justified for such a one-of-a-kind object, but what is really going on is not that the value of art is increasing but that the value of the paper currencies being used to buy it is being destroyed by central banks who print trillions of dollars of money around the clock.
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Saturday, May 16, 2015
Bitcoin Price to Slump? / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
A new fund is being launched in the Bitcoin space, we read on CoinDesk:
A new fund has been launched on equity CrowdFunding platform BnkToTheFuture.com that allows investors to benefit from the growth of the Crypto Currency sector.
Read full article... Read full article...The new fund, called Bitcoin Capital will be managed by financial journalist, virtual currency inventor, entrepreneur and investor Max Keiser, and Simon Dixon, an ex-investment banker, investor, entrepreneur and co-founder of Bnk To The Future.
Friday, May 15, 2015
EUR/USD 1.15 Remains Key Level / Currencies / Euro
By: Richard_Cox
For most of this year, the Euro currency has been one of the weakest assets in any of the financial markets. This is significant for a number of reasons because there have been very few assets (of any type) experiencing more weakness across the same number of denominative measures. Against the British Pound, the Euro has quickly weakened to the 1.40 mark but there has been even more pronounced weakness against the US Dollar.
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Thursday, May 14, 2015
British Pound Set To Overcome 1.40 Against Euro / Currencies / British Pound
By: Richard_Cox
For most of this year, the Pound has had mixed results depending on your frame of reference. For example, against the US Dollar the Pound is hitting new lows as expectations for rising interest rates from the US Federal Reserve have supported the greenback. For these reasons, it is largely unsurprising to see that the PowerShares DB US Dollar Index Bullish ETF (NYSE: UUP) is rallying as there have not been many stronger currencies during most periods of this year.
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Wednesday, May 13, 2015
EUR/USD Meets Resistance Zone As Greece Meets IMF Loan Repayment Deadline / Currencies / Forex Trading
By: Nadia_Simmons
Earlier today, Greece repaid a €770 million loan installment to the International Monetary Fund, easing worries that the country was on the verge of default, which in combination with a renewed selloff in European government bond pushed EUR/USD sharply higher. In this way, the exchange rate reached its important resistance zone, but will we see further improvement?
In our opinion, the following forex trading positions are justified - summary:
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Wednesday, May 13, 2015
Bitcoin Price Short-term Outlook Soon to be Clarified / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
The technology underlying Bitcoin might prove to be what is needed to change the face of payments, record keeping and the way stock market is functioning, we read on Wired:
Read full article... Read full article...James Angel compares bitcoin to MySpace, the social network that paved the way for far more influential services like Facebook and Twitter.
Today's bitcoin digital currency, says Angel, a professor of finance at Georgetown University, is too flawed to replace existing currencies. But the basic ideas underpinning the technology, he believes, can significantly change how the financial world operates. This is already starting to happen.