Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, May 17, 2013
Dollar Crisis, the Coming Collapse of US Global Hegemony / Currencies / US Dollar
By: Pravda
Colin Todhunter writes: The US is bankrupt. Yet Uncle Sam continues to stride the world stage and can simply print more money to get by because the dollar is the world's reserve currency. Remove it as the reserve currency, and the US will no longer be able to remain supreme or fund its wars by relying on what would then be a worthless paper currency. Today, more than 60 percent of all foreign currency reserves in the world are in US dollars, and the US will attempt to prevent countries moving off the dollar by any means possible.
Thursday, May 16, 2013
USD/CHF: Corrective Pull-back Within Uptrend Elliott Wave Forecast / Currencies / Forex Trading
By: ForexPros
USD/CHF reversed lower yesterday from around 0.9750 which however is not a surprise if we respect the structure from 0.9242 which was clearly made in five waves, and we know that after every five waves correction follows.
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Thursday, May 16, 2013
U.S. Dollar Collapse and Japan’s Sham Currency War / Currencies / Currency War
By: Matthias_Chang
US$ dollars have been flooding the financial markets ever since Bernanke launched quantitative easing allegedly to turnaround the US economy. These huge amounts of US$ toilet paper are mainly in financial markets (and in central banks) outside of the United States. A huge chunk is represented as reserves in central banks led by China and Japan.
If truth be told, the real value of the US$ would not be more than a dime and I am being really generous here, as even toilet paper has a value.
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Wednesday, May 15, 2013
Don't Bet Against a Surging U.S. Dollar / Currencies / US Dollar
By: Money_Morning
Ben Gersten writes:
In the midst of a brewing currency war, Japan's out-of-control monetary policy has caused the yen to fall to an almost five-year low against the U.S. dollar.
With an economy one-third the size of that of the United States, Japan has committed itself to a fiscal program that's almost double the U.S. Federal Reserve's current $85- billion a month stimulus.
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Tuesday, May 14, 2013
Japanese Government Green Light to Crush Yen, How High Will U.S. Dollar Fly? / Currencies / Japanese Yen
By: Gary_Dorsch
The Wise Sages of Ancient days used to say, “The fate of a Liar, is that nobody believes him, - even when he’s speaking the truth!” Such is the predicament of Japan’s propaganda artists, including the Prime Minister, the Finance minister, and central bank chief, who are all trying to cover-up their boldest scheme yet, to crush the value of the Japanese yen, against the currencies of its major trading partners. On May 11th, the finance chiefs of the Group of Seven (G-7) gave Tokyo the green light to continue with its radical QE scheme, which has already led to a -24% devaluation of the yen against the US-dollar, and a -33% devaluation against the Euro, since market savvy traders first got wind of the plot in late November.
In an age when ruling coalitions of every political stripe distort the truth to promote their self interests, it’s hardly surprising that Japan’s ruling LDP party is steadfastly denying that it’s engaging in a “beggar thy neighbor” devaluation of its currency. By the same token, Tokyo’s fraudulent claim that its economy is still plagued by a negative rate of inflation (deflation), is so wildly at odds with reality that it’s routinely regarded with cynicism and disbelief.
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Tuesday, May 14, 2013
USD/JPY Could Be In Final Stages Of An Uptrend / Currencies / Japanese Yen
By: ForexPros
The USD/JPY broke higher last week, out of a triangle pattern that we have been tracking since mid-April. This triangle has been placed in wave four, so we must be aware of a bearish reversal in the next few days/weeks; this type of patterns always occurs prior to the final move of the larger trend. So current leg up should be our final leg; most-likely wave 5 of an ending diagonal.
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Friday, May 10, 2013
Dollarize Argentina Now / Currencies / Fiat Currency
By: Steve_H_Hanke
Argentina is once again wrestling with its long-time enemy, inflation. Now, it appears history may soon repeat itself, as Argentina teeters on the verge of another currency crisis.
As of Tuesday morning, the black-market exchange rate for Argentine pesos (ARS) to the U.S. dollas (USD) hit 9.87, meaning the peso’s value now sits 47.3% below the official exchange rate. This yields an implied annual inflation rate of 98.3%.
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Wednesday, May 08, 2013
Why Now's a Good Time to Invest in the Chinese Yuan Currency / Currencies / China Currency Yuan
By: Money_Morning
Ben Gersten writes: It's only a matter of time before the U.S. dollar loses its more than 50-year reign as the world's dominant reserve currency, and it will be replaced by the Chinese yuan.
From January 2012-January 2013, transactions in yuan grew 171% in value, moving the yuan ahead of the Russian ruble to 13th place in global currency payments, up from 20th last year.
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Wednesday, May 08, 2013
Currency Wars Winners and Losers / Currencies / Fiat Currency
By: Axel_Merk
Who is winning the “currency wars”? Our take on the greenback, yen, sterling, euro and gold:
Wednesday, May 08, 2013
USD Index Forming A Bullish Reversal Pattern / Currencies / US Dollar
By: ForexPros
The USD index reversed higher last week from 81.32. This appears to be a first impulsive structure that is part of a larger and new bullish cycle for the dollar.Read full article... Read full article...
Monday, May 06, 2013
The Eurozone Crisis Goes Viral / Currencies / Global Debt Crisis 2013
By: Andrew_McKillop
END OF AUSTERITY - END OF THE EURO
Oskar Lafontaine, Germany's Economy minister in 1999 when the euro was introduced, said this weekend on the parliamentary website of Germany's Left Party that Angela Merkel will "awake from her self-righteous slumber" once the deeply troubled PIIGS countries unite, possibly led by France's Francois Hollande, to wrest control of the Eurozone's crisis policy, at Germany's expense.
Thursday, May 02, 2013
GBP/USD Trying To Form Bearish Reversal / Currencies / British Pound
By: ForexPros
On cable we can count five completed waves-up in wave C that show signs of a top around 1.5606 because of the ending diagonal in wave 5, divergence on the RSI and now also accelerating price action below the trading channel, which suggests the pair is in the early stage of a minor wave (iii).
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Wednesday, May 01, 2013
Warning U.S. Dollar Collapse Underway, Massive Shortages in Gold and Silver / Currencies / US Dollar
By: Toby_Connor
I've been pointing out for several months now that the recent rally in the dollar was a mirage, an illusion generated by the yen, euro, pound, and Canadian dollar all dropping into yearly, or intermediate cycle lows together. This selling pressure in the four major currencies that make up the dollar index spawned what looked like a strong dollar.
Wednesday, May 01, 2013
The Rising U.S. Dollar Myth / Currencies / US Dollar
By: Axel_Merk
Year-to-date, the U.S. dollar is up; does that mean we are in a rising dollar environment? Or is it an opportunity to diversify out of the greenback?
Monday, April 29, 2013
Bitcoin Hyperinflation?, An Interview with Jesus / Currencies / Bitcoin
By: Mike_Shedlock
Of all the topics that readers have pleaded me to write about for months but I never did until now, "bitcoins" are at the top of the list.
In private emails, I stated on many occasions "bitcoins are a scam". I now take that back, "scam" is not the correct word. Others whose opinions I highly respect, state the same thing.
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Sunday, April 28, 2013
GBP/USD Corrective Rally Could Extend To 1.56 / Currencies / US Dollar
By: ForexPros
The GBP/USD finally broke higher on Thursday, after a recent unsuccessful push through the lower support line connected from early March lows. Notice that the pair closed well above 1.5407 trend-line on Thursday, which sets a stage for a new impulsive rally, now towards the 1.5500/1.5600 area.
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Wednesday, April 24, 2013
Jim Rogers On Central Bankers Currency Debasement "Race to Insanity" / Currencies / Fiat Currency
By: Money_Morning
William Patalon writes: If you are invested in the lofty stock markets of the United States or Japan, legendary investor Jim Rogers has a message for you ...
Euphoric gains always lead to hangover pains - it's just a matter of when.
"This is artificial, as I've [repeatedly] said," Rogers told Money Morning during an exclusive interview Sunday night. "This is the first time in recorded history where nearly all the central banks in all countries are pumping out lots of money, debasing their currencies, printing money. I've never seen this in history, and now we've got everybody - or nearly everybody - doing it."
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Sunday, April 21, 2013
Classic Cars the Fun Antidote to Money Printing? / Currencies / Fiat Currency
By: Submissions
Malcolm Frost writes: It was Winston Churchill who famously reminded us, “destiny calls and we must obey”. Well, at the very least, us lesser mortals must comment. So fingers and keyboard come together to put electronic pen to screen on an issue of great potential importance to all car lovers: “motoring during monetisation”. So what exactly do we mean by “monetisation”? Well, to put things more crudely, we are referring to sneaky debt-default by governments various. By now we should all know the form. Politicians of every hue have run up levels of debt that can never be repaid (or can they?). Similarly, consumers are literally awash with red ink having paid ridiculous multiples of income for housing and having indulged in probably the biggest orgy of consumption in history.
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Friday, April 19, 2013
U.S. Dollar and Assets - America’s ‘Exorbitant’ Privilege Will Continue / Currencies / US Dollar
By: Richard_Mills
In July 1944, delegates from 44 nations met at Bretton Woods, New Hampshire - the United Nations Monetary and Financial Conference - and agreed to “peg” their currencies to the U.S. dollar, the only currency strong enough to meet the rising demands for international currency transactions.
Member nations were required to establish a parity of their national currencies in terms of the US dollar, the "peg", and to maintain exchange rates within plus or minus one percent of parity, the "band."
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Thursday, April 18, 2013
The Bitcoin Money Myth / Currencies / Bitcoin
By: Frank_Shostak
Many economists and financial commentators believe that in the unregulated market of the internet economy, new forms of money can be created that bypass central-bank and government supervision. The latest development is the emergence of a new electronic means of exchange, Bitcoin (BTC). Bitcoin was launched on January 3 2009 by its inventor, a programmer called Satoshi Nakamote.