Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Tuesday, November 30, 2010
Currency Manipulation, Two Sides to Every Coin / Currencies / US Dollar
By: Axel_Merk
Recently, currency manipulation has garnered headline attention. We have been constantly bombarded with rhetoric out of Washington: “China isn’t allowing its currency to appreciate fast enough”; “China’s exchange rate policies are stealing jobs from America”; “We’re playing fair, why can’t China?” More often than not, the more vociferous proponents come from politicians who, in our opinion, are simply posturing for votes; attempting to provide catchy sound bites they believe will resonate with their constituents, without fully grasping the underlying fundamentals at play. The situation itself is truly paradoxical – akin to a major corporation thanking its largest creditor by insulting them.
Monday, November 29, 2010
U.S. Dollar Rally, Gold and the Art of Speculation / Currencies / US Dollar
By: Howard_Katz
The rally in the dollar over the past few weeks serves as a good illustration of what it takes to be a good speculator. I can remember when I was new to the art of speculation. It was the early 1970s, and Richard Nixon, unilaterally and illegally, abolished the U.S. gold standard (or at least the slender, connection to gold which still existed at that time and was known as the Bretton Woods System).
Sunday, November 28, 2010
The Double Edged Sword of Euro-zone Debt Crisis and Unrest in Korean Peninsula / Currencies / Global Debt Crisis
By: Bari_Baig
Two perfect storms seem to be brewing up fast, one in Far East and the other in Western Europe with both having the potential of becoming category 5 storms[Maximum rating for a storm] and at their mercy lies the global investment world. These storms are bigger and meaner and their head on collision with one another is expected to take place sometime this coming week. Each storm system has a different impact on majority of the investments however; there is one exception and that being of Euro’s fate.
Friday, November 26, 2010
EUR/CHF Bear Wind Blows / Currencies / Euro
By: Seven_Days_Ahead
We last looked at EUR/CHF when bears seemed fully in control, but subsequent action has suggested that that tide is on the wane, with the first positive indication recently seen. The current pullback could prove temporary, with a fresh attempt on the upside to come.
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Wednesday, November 24, 2010
Bitcoin The Electronic Currency of the Future / Currencies / Fiat Currency
By: EWI
What is Bitcoin?
Cryptography expert Satoshi Nakamoto[1] has created the first completely decentralized, anonymous, electronic currency, called Bitcoin. Bitcoins are divisible digital tokens that can be exchanged across the internet or stored on disk. Bitcoin differs greatly from traditional government issued fiat currency and regulated banking in several important aspects:
Wednesday, November 24, 2010
Nouriel Roubini Academic Economist Ignores Fiat Money Failures / Currencies / Fiat Currency
By: Richard_Daughty
Unfortunately, it is not only Robert Zoellick of the World Bank that has notoriously turned against a gold standard, but The DailyBell writes about similar sentiments from Nouriel Roubini, university professor, in their article "Roubini: Here's Why a Gold Standard Won't Work."
Naturally, I can't believe my eyes! The fact is that the gold standard is the only system that HAS worked all through history, and you would think that Mr. Roubini would know that! Wow!
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Tuesday, November 23, 2010
U.S. Dollar Bounce Continues, Days of the [benefactors] are numbered now / Currencies / Forex Trading
By: Bari_Baig
The U.S Dollar Index is bouncing back from low 78s and at the moment there seems no hurdle then in its path to stop it from breaking over 79.6 which shall give rise to a move upwards to 81s. Unlike a few weeks back when even a finger snap would send the U.S Dollar and the Index hurling down now things are very different and it seems for now that this [new] development of pro U.S Dollar is going to stay for a while longer! When a crisis like situation erupts then [Safe Haven] is U.S Dollar and Yen however, today we are observing Gold to be in the same league but we’d get to Gold in a little while.
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Monday, November 22, 2010
Fiat Currencies in Crisis, U.S. Dollar Surpluses Conversion into Gold / Currencies / Fiat Currency
By: Bob_Chapman
Something is going on that your government does not want you to know about. Very few journalists have written about it and little or nothing has appeared in the mainstream media. The story could be one of major stories of our time.
Western powers have tried to destroy gold as a backing for currencies for many years. Presently the major media won’t touch the story and that is understandable.
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Monday, November 22, 2010
Is the Euro Finished? / Currencies / Euro
By: Kevin_George
In 2008, Irish finance minister proclaimed that in shoring up their toxic banks that it was “The cheapest bank bailout in the world!” Two years later and this cost was ‘expected’ to rise to €34bn. Fast forward to the present and the confirmation that Ireland has been forced to seek assistance from the EU/IMF totalling around €80bn.
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Friday, November 19, 2010
The Great Currency Wars, Return of 1930’s Style Protectionism? / Currencies / Protectionism
By: Andy_Sutton
On 9/18/2009 I wrote an editorial called ‘The Quiet Grab’. It discussed China’s deal cutting on the natural resources front, specifically in the rare earth element and petroleum sectors. The article pointed out that the Chinese were quietly provisioning ready supplies of strategic assets for the turmoil that lay ahead, particularly arising from a disdain and mistrust of paper instruments, especially currencies. With the USFed’s second iteration of quantitative easing now underway, the currency battles are starting to heat up and so is the rhetoric. This week we take a look at the ongoing (and intensifying) currency wars, strategic assets, and why we are behind the proverbial eight ball.
Friday, November 19, 2010
EUR/USD Bounce Closing in on Stronger Resistance / Currencies / Euro
By: Seven_Days_Ahead
The recovery in EUR/USD from the Jun low has, so far, been a 3-wave affair and recently found good resistance. There is now the risk that further weakness will mean curtains for the bulls as upward momentum seeps away.
Thursday, November 18, 2010
The U.S. Dollar Survives Again / Currencies / US Dollar
By: John_Browne
Given all that stress that the Federal Reserve's currency debasement program is laying on the global economy, last week's G-20 summit in South Korea should have been the monetary equivalent of a military degradation for the U.S. dollar. The greenback should have been slapped across the face, stripped of its medals, and cashiered from the ranks of respected currencies. Instead the dollar escaped unscathed, retaining its privileged status as the world's reserve.Read full article... Read full article...
Thursday, November 18, 2010
U.S. Dollar, USD Index Rally? / Currencies / US Dollar
By: Christopher_Laird
Why the USD is rallying
Well why can the USD rally now with another $600 billion of US QE? Basically it is argued by some, including me, that since the US has the defacto world reserve currency, that even if the US wants to abuse it and print a lot of money, since they print it, and issue the USD, they can win any argument on currency rates.
Wednesday, November 17, 2010
U.S. Dollar Trend Puts Gold Under Pressure / Currencies / US Dollar
By: Jeb_Handwerger
Last week I warned that the U.S. Dollar was reaching three year lows and to expect a dollar bounce. The dollar has bounced higher as risk aversion has returned with Ireland on the verge of needing a bailout and China raising interest rates to combat rising inflation. There are growing concerns of the Fed needing to raise interest rates ahead of schedule. The previous euphoria in commodities appears to be waning and the technicals are demonstrating the fundamental challenges facing commodities.
Tuesday, November 16, 2010
Looking Back at the Credit Crunch, Fall of the Mighty Dollar / Currencies / US Dollar
By: Rosanne_Lim
When politicians and policy makers see an economic problem, especially one with the scale of the financial crisis today, they feel obliged to solve it. Unfortunately, the measures they’ve implemented have not worked so far. In fact, their policies have the opposite effect because it reinforces imbalances. The monetary stimulus is just whetted the appetites of consumers to purchase even more imports. Meanwhile, the second round of quantitative easing might only make it worse.
Monday, November 15, 2010
Currency Wars, Devaluations Have Real Effects / Currencies / Fiat Currency
By: Robert_Murphy
When my book on the Great Depression came out — shortly after Obama's inauguration — I told radio interviewers that our current economic crisis was the start of the Second Great Depression. The Federal Reserve and the government implemented the same types of policies after the housing crash as they did in the 1930s after the stock-market crash.
Monday, November 15, 2010
EURGBP and Gold vs Aussie Dollar Signals / Currencies / Forex Trading
By: Ashraf_Laidi
The escalating negative dynamics surrounding the euro must be assessed carefully when drawing conclusions over EURUSD. A decline below $1.3550 remains unlikely for now. Rather, I continue to favour shorts in EURCAD, EURCHF (see details below), with particular focus on EURGBP in this piece.
There are clear fundamental and technical arguments for why EURGBP will continue its decline. Last week, the pair posted its weekly drop in since January.
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Sunday, November 14, 2010
U.S. Election Rejection of Obama is Bullish for U.S. Dollar, Gold Rally Defferred / Currencies / US Dollar
By: Ned_W_Schmidt
Rejection may be hard for most politicians to accept, but might be good for the nation and the world. Obama Regime's mismanagement of U.S. economy was rejected on 2nd of November in the U.S. election. That rejection ushered in the greatest change in political power in U.S. since 1948. Thus far, Obama Regime's only positive legacy will be the greatest political rejection in 62 years. That development means Obama Regime's reign of terror on wealth and economic growth has ended. That is bullish news for the U.S. dollar.
Sunday, November 14, 2010
The Euro Back Under the Microscope, PIIGS Debt Crisis Round3 / Currencies / Euro
By: Bryan_Rich
Investors, politicians and the media have had tunnel vision for the better part of the past five months. And it’s been directed squarely on the United States.
The world has been transfixed on the dollar. Experts have tirelessly surmised how the Fed’s recent decision to launch another round of quantitative easing was reckless. And they’ve claimed this action will do irreparable damage to the buck — the world’s primary reserve currency.
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Friday, November 12, 2010
How to Analyse and Trade Currencies with Elliot Waves / Currencies / Forex Trading
By: EWI
On November 1, the EUR/USD -- the euro-dollar exchange rate and the most actively-traded forex pair -- was trading the $1.38 range, near the level it is today.
But if you look at what the EUR/USD did between November 1 and 9, you'll see a huge 400-point (or pip, in forex lingo) rally into the November 4 top -- and an equally huge decline back to the levels we see today.
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