Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, November 12, 2010
U.S. Dollar Devaluation, A Bad Plan Poorly Disguised / Currencies / US Dollar
By: John_Browne
With our economy sagging and our international clout waning, one of the few assets upon which the United States can rely is the confidence that the rest of the world has traditionally showered upon us. That confidence is the reason why the US dollar was elevated to global reserve status more than 65 years ago.
Thursday, November 11, 2010
The U.S. Dollar, What should Investors do? What should Governments do? / Currencies / US Dollar
By: Axel_Merk
The Federal Reserve’s (Fed’s) strategy of firing up its printing press may have the debasement of the U.S. dollar as its goal (see Fed Targets Weaker Dollar), but it’s important to note that the Fed does not act in a vacuum. In our humble opinion, Fed Chair Bernanke is wrong both on substance and politics – a potentially explosive mix.
Thursday, November 11, 2010
EWI's Currency Market Intraday and End-of-day Forex Forecasts / Currencies / Forex Trading
By: EWI
You can access all the intraday, daily, weekly and monthly forecasts from EWI's Currency Specialty Service right now through noon Eastern time Thursday, Nov. 18. This service is valued at $494/month, but you can get it free for one week only!
You're just a few clicks away from a FreeWeek of Elliott Wave International's intraday and end-of-day Forex forecasts!
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Thursday, November 11, 2010
Will the G20 Dump the U.S. Dollar as the World's Main Reserve Currency? / Currencies / US Dollar
By: Money_Morning
Jason Simpkins writes:
The Group of 20 (G-20) is meeting today (Thursday) and tomorrow (Friday) in Seoul, South Korea, and one of the main topics of discussion will be the role of the U.S. dollar in the post-crisis global economy.
Debate over the dollar's role as the world's main reserve currency rose to a fevered pitch in 2008 when the financial crisis, which began in the United States, first roiled global markets.
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Wednesday, November 10, 2010
U.S. Dollar Bounces Off Important Support on Post QE2 Reality / Currencies / US Dollar
By: Jeb_Handwerger
This week we are reaching price levels in the dollar that have only been touched 3 major times in the last 3 years. After touching this level the dollar has bounced higher in reaction to major deflationary forces.Read full article... Read full article...
Wednesday, November 10, 2010
U.S. Dollar Stronger as Speculators Consider Global Economy / Currencies / US Dollar
By: LiveCharts
Currency speculators are struggling to make sense of everything happening around them in the global economy. At the moment (November 10), the dollar is in a stronger position following the Central Bank sell off of some 10-year debt at a lower than expected yield.
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Wednesday, November 10, 2010
Fed Pushing U.S. Dollar Closer to Collapse / Currencies / US Dollar
By: LewRockwell
Jeff Fisher writes: Every day the US Dollar moves closer to collapse.
International investors, unlike most Americans, are aware of the risk, and are nervously watching Gold and Silver march higher.
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Wednesday, November 10, 2010
Is China's Renminbi Already The New World Reserve Currency? / Currencies / Fiat Currency
By: Global_Research
Tyler Durden writes: With the dollar tumbling overnight, many were scratching their heads as to what caused the move in the dollar. Citi's Stephen Englander provides a useful explanation, which fits perfectly with the commentary from PBoC advisor Li's earlier that the dollar's position as a reserve currency is now "absurd": namely that more and more in the world are starting to look at the CNY as the new reserve currency. And as we pointed out earlier, its fixing surge of over 0.5% overnight caused many to blink. Is China finally pushing to aggressively force the dollar out?
Tuesday, November 09, 2010
QE2's Done, Now Euro and European Debt Crisis To Take Center Stage / Currencies / Euro
By: Dian_L_Chu
Over the past month or so, world`s focus, currency markets in particular, has been centered mainly on the U.S. over QE2, the November elections, and the Job`s Report. As such, there have been some interesting headlines coming out of Europe that went quietly under the radar as Wall Street became infatuated with their own bullish sentiment.
Now, with QE2 and mid-term election pretty much behind us, guess where the market’s attention will shift to next?
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Monday, November 08, 2010
U.S. Dollar Rally Possible, Reduce Exposure to Gold, Silver and Copper / Currencies / US Dollar
By: Chris_Ciovacco
While the long-term fundamentals related to the U.S. dollar remain bearish, Friday’s significant rally in the greenback leaves the door open for a possible countertrend rally. The conditions highlighted below may be cleared in a matter of days, but as of the close on November 5th the dollar remains susceptible to a surprise countertrend rally.
Sunday, November 07, 2010
Bernanke Delivers QE2 Last Rites for Dollar as Worlds Reserve Currency / Currencies / US Dollar
By: Mike_Whitney
Millions of Americans have no idea what Quantitative Easing is or how it will effect them personally. That's why Wednesday's announcement that the Fed will purchase another $600 billion in US Treasuries merely reinforced feelings of helplessness and a sense that government spending is out-of-control. Unfortunately, Ben Bernanke's rambling explanation of QE2 in a Washington Post op-ed on Thursday only added to the confusion. The article is loaded with half-truths and omissions that are meant to mislead the public about how the program works and what the Fed's real objectives are. It's another missed opportunity by Bernanke to come clean with the people and let them know what policies are being enacted in their name. Here's an excerpt from the article:
Saturday, November 06, 2010
Seven Bullish U.S. Dollar Charts You Should See / Currencies / US Dollar
By: Bryan_Rich
The currency market, as well as all markets, have been heavily focused on the U.S. and the Fed’s plans for more quantitative easing (QE).
And that’s had a huge impact on the dollar and on dollar sentiment.
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Friday, November 05, 2010
Fed Quantitative Easing 2, One of the Greatest Blunders in History / Currencies / US Dollar
By: Toby_Connor
Many years from now when we look back at history I think yesterday will be seen as one of the greatest blunders ever made by a central banker.
The dollar was already headed down into a major 3 year cycle low.
Wednesday, November 03, 2010
More Real Bill Fallacies / Currencies / Fiat Currency
By: Professor_Emeritus
In the first article of my two-part series on the Real Bills Doctrine (RBD), in commenting on the Daily Bell's interview with Professor Lawrence H. White on October 10, 2010, I made the central point that the source of commercial credit is not saving but consumption. The following example will dramatize this point. Assume for the sake of argument that all banks in the whole wide world succumb to the sudden death syndrome simultaneously. What does this mean in terms of the production and distribution of consumer goods? Would we have to go back and start from scratch to save in order to replenish society's circulating capital? Saving is a time-consuming process and people have to get fed, clad, shod, and sheltered in the meantime. We could not restore circulating capital through saving for the simple reason that before we could we would die of starvation.
Tuesday, November 02, 2010
Gold and Real Bills / Currencies / Fiat Currency
By: Professor_Emeritus
The Daily Bell published an interview with Dr. Lawrence H. White, Professor of Economics, George Mason University, on October 24, 2010. One of the questions the interviewer asked was this: "Please comment on real bills and how they work."
In his answer Professor White gave the following example. Joe the Baker buys flour from Bob the Miller and gives him a bill promising to pay $1000 in 90 days.
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Tuesday, November 02, 2010
Explaining Japanese Yen Strength Despite Weak Economy / Currencies / Japanese Yen
By: Kieran_Osborne
For many, the strength of the Japanese yen is a conundrum. How can the currency of a country with such a weak economy, such a high level of debt, weak leadership, poor demographics, combined with an ever deteriorating economic outlook be so strong? Many market participants did not anticipate that the yen would demonstrate such strength 24 months ago. Now, many commentators focus on Japan’s “safe haven” status as a key reason why the currency has appreciated.
Sunday, October 31, 2010
Currency War: “The Worst of Wars" / Currencies / Fiat Currency
By: Bryan_Rich
Last week, here in Money and Markets, I suggested that the recent G-20 finance minister meetings could have a meaningful influence on the next trend in global currencies and other key markets. Therefore, we should pay very close attention to market activity.
I also suggested that this “influence” could be in the form of a coordinated intervention by G-4 economies (U.S., U.K., euro zone and Japan) to weaken the yen, a viable antidote to the bubbling and divisive currency tensions.
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Friday, October 29, 2010
Keep Your Head Above the U.S. Dollar / Currencies / US Dollar
By: Peter_Schiff
There has been so much discussion recently about "QE 2" that you would think the entire financial sector were about to embark on a transatlantic cruise. Unfortunately, they, and we, are not so lucky. In the year 2010, "QE 2" doesn't refer to a sumptuous ocean liner, but a second, more extravagant round of "quantitative easing" - stimulus. In the past, this technique was simply called "printing money." As if the nation has not already suffered enough from the first round, Captain Ben Bernanke and the Fed are determined to compound the damage by hitting us with another monetary juggernaut. Their stated goal is to boost the economy and create jobs. However, since economic growth cannot be achieved by printing money, their QE 2 will sink just as surely as the Titanic.Read full article... Read full article...
Friday, October 29, 2010
EUR/GBP Recovery Repelled by Key Resistance / Currencies / British Pound
By: Seven_Days_Ahead
Following the earlier fall in the EUR/GBP cross a recovery phase has been in process since the June low. However, this has now seen a test of a key resistance area, with the market accordingly pulling back.
Friday, October 29, 2010
G20 Currency War One Sided Compromise / Currencies / Fiat Currency
By: Peter_Schiff
Last weekend, the G-20 finance ministers met in South Korea to find areas of agreement in preparation for the main G-20 gathering in November. The Chinese rebuffed renewed American pleas for them to revalue their yuan. They rejected Secretary Geithner's suggestion of a four percent cap on current account surpluses. However, in return for accepting America's continued dollar debasement, the Chinese did agree to "look into" a revaluation of the yuan and the management of trade surpluses. They also agreed to an international self-policing regime to curb currency manipulation. This 'one-sided' compromise was hailed in the Western media as a triumph for Mr. Geithner. The US stock markets and dollar rallied. All looked good for the election season in November.Read full article... Read full article...