Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Thursday, September 13, 2012
US Dollar Technical Analysis and Forecast, the Fate for Gold / Currencies / US Dollar
By: David_Petch
The following article was presented to the benefit of subscribers on September 12th, 2012. Rather than mimic a few previous articles I have penned, this one will focus on technical analysis of one Index, with interspersed commentary fitting to what is observed. The most interesting part I found from all of the analysis is how well the Elliott Wave pattern of the US Dollar Index matched initial expectations. At the end of the article, it is hoped that the reader has a better understanding of how economic situations unfolding over the next 8-12 months are going to ultimately hinge on the path of the US Dollar.
Thursday, September 13, 2012
U.S. Dollar: Don't worry, be happy / Currencies / US Dollar
By: Axel_Merk
May we suggest a Twitter version of today's FOMC statement: "Don't worry, be happy! " – No, the economic outlook hasn't improved. In fact, the Fed may want you to take a valium to stomach the ride ahead. Alternatively, if you don't get mollified by the Fed's "communication strategy", you may want to consider taking action to protect the purchasing power of your hard earned dollars.
Wednesday, September 12, 2012
Counterfeiting Currency Cruises to Nowhere / Currencies / Fiat Currency
By: Michael_Pento
The European recession, which continues to steepen, has already caused the ECB’s Mario Draghi to promise to purchase unlimited quantities of bonds with duration of 1-3 years on the secondary market. Mr. Draghi plans to “sterilize” these purchases by auctioning one-week term deposits to banks. But there are two problems with this form of sterilization. The first is there is no guarantee that private banks will hand over all of their newly printed money back to the ECB. Instead, they may choose to make loans to the private sector and receive a higher return, causing a rapid increase in money supply growth.Read full article... Read full article...
Friday, September 07, 2012
The Euro Quacks Like a Fiat Currency, To Print or Not to Print / Currencies / Euro
By: Axel_Merk
If it looks like a duck, quacks like a duck, it just might be a duck. We are talking about the euro: it now looks like a currency, acts like a currency, it might as well be yet another currency. The new framework of the European Central Bank (ECB) morphs the euro from a currency of nations to a currency of the United States of Europe. This has major implications on how to value the euro and with it, the U.S. dollar and other currencies.
Wednesday, September 05, 2012
Forex Market Forecast for the USD/ZAR Currency Pairing / Currencies / Forex Trading
By: Submissions
Adam G writes: In this article, we look at the market forecast for an exotic currency pair, the USDZAR. Traditionally, this currency pair has hovered in a range of 6 rands to one US dollar, to 10 rands per US dollar. For some time in 2012, it has stayed within the 7-8 rand per dollar range. Lately, the trade setup shown below has been in formation.
Tuesday, September 04, 2012
Fiat Currencies get Flushed / Currencies / Fiat Currency
By: Michael_Pento
If the August Non-farm Payroll report produces a number of less than 100k jobs, the chances of QE III being announced on September 13th are close to 100%. However, if the number is north of 100k the odds drop, but are still about 80% on more Fed money printing.
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Sunday, September 02, 2012
Most Compelling FX Trading Opportunity Right Now, Forex Video / Currencies / Forex Trading
By: EWI
On the day when the Fed Chairman Ben Bernanke delivers his much-anticipated speech in Jackson Hole, we want to tell you about an emerging forex opportunity which...
...has nothing to do with Bernanke.
And that's exactly what makes this opportunity so promising: Few traders know about it.
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Saturday, September 01, 2012
Forex Trading Opportunity Video Access / Currencies / Forex Trading
By: EWI
Dear Trader,
Jim Martens is the Senior Currency Strategist at Elliott Wave International -- the world’s largest market-forecasting firm.
Since 1992, Jim’s analysis has helped professional and individual investors navigate the most exciting forex market opportunities.
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Thursday, August 30, 2012
Euro Neck and Neck with Almighty Dollar, Render Unto Caesar Part II / Currencies / Fiat Currency
By: Adrian_Ash
Just what do those bridges and windows on Euro banknotes mean...?
SO IN TRYING to match ancient Rome's monetary reach, the Euro is running pretty much neck-and-neck with the almighty Dollar.
Thursday, August 23, 2012
Expect Stronger U.S. Dollar, More Volatility Heading into September / Currencies / US Dollar
By: Elliot_H_Gue
Recent economic data unambiguously shows that the European Union (EU) has slipped into a recession, with little sign that a turnaround will occur soon. In fact, with most European countries facing additional rounds of fiscal austerity, the EU economy is poised to get worse before it eventually finds its footing.Read full article... Read full article...
Thursday, August 23, 2012
A History of Exchange-rate Regimes Infographic / Currencies / Fiat Currency
By: Alasdair_Macleod
It’s almost as if currencies are designed to confuse you. In fact, sometimes they even lie to you. Take the pound sterling for example; each 5, 10, 20 and 50 pound note assures you, the esteemed owner, the gracious right to redeem it for… 5, 10, 20 and 50 pounds respectively. Either there’s an awkward “I-give-it-to-you-so-that-you-can-give-it-back-to-me” manoeuvre involved here or somebody’s lying. Well, this quirk and much more is cleared up when recounting the evolution of currency systems over the past two centuries; and as it turns out this history is far more exciting than is usually let on (think political thriller as opposed to economic textbook!). So without further ado here we present a history of exchange-rate regimes from 1821 to the present day.
Wednesday, August 22, 2012
Four of the Best Currencies to Invest in for 2012 / Currencies / Forex Trading
By: Money_Morning
Larry D. Spears writes:
If you had to pick one word to describe the outlook for the world's major currencies heading into 2013, it would have to be "inconclusive."
Since late May, none of the leading currencies has managed to establish a prolonged trend, with choppy action being driven by continued economic instability in Europe, a sluggish recovery in the United States and slowing growth in the Far East.
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Tuesday, August 07, 2012
U.S. Dollar Debasement, The 100 Year Bust / Currencies / Fiat Currency
By: James_Quinn
A Matter Of Trust – Part Two
This is Part 2 of my three part series on trust. Part 1 addressed the history of bubbles and busts and the role trust plays in these episodes. In the end, truth is what matters.
“Trust starts with truth and ends with truth.” - Santosh Kalwar
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Wednesday, August 01, 2012
Mario Draghi Cannot Save the Euro / Currencies / Eurozone Debt Crisis
By: Money_Morning
Martin Hutchinson writes:
Of all the pyramid schemes that governments and banks have perpetrated in the last decade, the Eurozone debt crisis is the most damaging.
No amount of posturing by European Central Bank President Mario Draghi can change that fact.
The market may like what Draghi has to say about the fate of the euro, but tomorrow's big ECB meeting will change little.
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Monday, July 30, 2012
The Inevitable Death of the Euro / Currencies / Euro
By: Alasdair_Macleod
On Thursday the European Central Bank’s Mario Draghi was moved to defend the euro, after Spain’s government bond yields rose dramatically through the 7% level. And when Valencia asked the central government for a bailout, followed by indications that other cities and regions have similar problems, it became clear that Spain is in deep trouble. We have got used to the concept of too-big-to-fail; now we have too-big-to-rescue.
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Sunday, July 29, 2012
Euro-zone Crisis, What Germany is Doing Wrong / Currencies / Eurozone Debt Crisis
By: Bloomberg
John Taylor, founder and CEO of the world's largest currency hedge fund FX Concepts, spoke with Bloomberg TV's Sara Eisen and said that Draghi's promise to do what's needed to preserve the euro will result in a weaker currency as the ECB prints more money than its counterparts. He said that Europe's crisis is in the "second or third inning...it's in the beginning. You've got a long way to go."
Wednesday, July 25, 2012
The Currency Debasement Fallacy / Currencies / Fiat Currency
By: Chris_Marcus
In Frédéric Bastiat’s 1850 essay Ce qu'on voit et ce qu'on ne voit pas, the famous economist introduced the parable of the broken window. He illustrated the principle that intentionally breaking a window just so that someone can subsequently fix it did not actually represent an increase in the net wealth of an economy. Today we will examine a similarly misguided fallacy that has been the foundation of an equally disastrous pattern of economic policy. We will call this the fallacy of the debased currency.
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Monday, July 23, 2012
Rising U.S. Dollar Forces Bernanke’s Hand / Currencies / US Dollar
By: Michael_Pento
Could it be that world governments and central banks are now taking drastic measures to re-inflate their economies because they don’t believe their own economic statistics? For example, China reported that GDP growth came in at 7.6% last quarter. That’s slower growth, but still not so bad. However, China’s electricity consumption has slowed much faster than growth in official GDP (electricity generation was unchanged in June from a year earlier at 393.4 billion kilowatt-hours), when they normally move in tandem. Turning to the U.S., the Labor Department announced last week that initial jobless claims fell 26k to 350k. Sounds great…but wait. Digging into the unadjusted data, there was actually an increase of 69,971 claims for the week—an increase of 19% from the week prior. Now that’s some seasonal adjustment!Read full article... Read full article...
Monday, July 23, 2012
Euro Shorts Smell Blood / Currencies / Euro
By: Alasdair_Macleod
Within the eurozone there are great stresses. At one extreme there are punitive costs of borrowing for Greece, Cyprus, Portugal, Ireland, Spain and Italy; at the other there is zero or negative interest rates for Germany, the Netherlands and Finland. Doubtless the first group begets the second, as captive investors in euros have to buy government bonds, and this requirement is being funnelled away from risk into safety.
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Friday, July 20, 2012
Forex Trading Event - See Today's Top 5 FX Opportunities / Currencies / Forex Trading
By: EWI
You're invited to a free forex trading event hosted by our friends at Elliott Wave International!
How to Trade the Top 5 Forex Opportunities Right Now
Now through July 26, EWI Senior Currency Strategist Jim Martens will walk you through some of his best opportunities in key forex markets and show you how to act on them using the Elliott Wave Principle.
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