Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Thursday, October 28, 2010
CURRENCY WARS, Debase, Debt Default and Deny! / Currencies / Fiat Currency
By: Gordon_T_Long
In September 2008 the US came to a fork in the road. The Public Policy decision to not seize the banks, to not place them in bankruptcy court with the government acting as the Debtor-in-Possession (DIP), to not split them up by selling off the assets to successful and solvent entities, set the world on the path to global currency wars.
By lowering interest rates and effectively guaranteeing a weak dollar through undisciplined fiscal policy, the US ignited an almost riskless global US$ Carry Trade and triggered an uncontrolled Currency War with the mercantilist, export driven Asian economies. We are now debasing the US dollar with reckless spending and money printing with the policies of Quantitative Easing (QE) and the expectations of QE II. Both are nothing more than effectively defaulting on our obligations to sound money policy and a “strong US$”. Meanwhile with a straight face we deny that this is our intention.
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Wednesday, October 27, 2010
U.S. Dollar Index Impact on Precious Metals / Currencies / US Dollar
By: Ronald_Rosen
Since there is so much concern and conviction that the U.S. Dollar is about to collapse and the precious metals complex is about to rise sharply, let’s take a close look at where the Dollar Index has been, what if anything in the precious metals complex it has influenced, and where it may be going.
Wednesday, October 27, 2010
U.S. Dollar USD Index Trend Forecast Update / Currencies / US Dollar
By: David_Petch
The present action of the USD is congruent with the various forms of quantitative easing at the moment. All forms of paper currency are becoming weakened as all larger governments expand their fiat. If China and the US goverments add alot of paper, it can be converted into other currencies or assets. IF the funds are converted to say Canadian dollars, the Canadian currency was just indirectly debased. This is due to global conversion from one currency to another. Any country that produces anything in the coming years is going to see strength in their local currency, which in turn will increase with demand.
Tuesday, October 26, 2010
G20 Failure Means Currency War Continues / Currencies / Fiat Currency
By: Money_Morning
Don Miller writes: Despite securing an agreement from Group of 20 (G-20) officials to avoid weakening their currencies any further, the Obama administration failed to convince member countries to implement specific guidelines to measure compliance and monitor trade imbalances.
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Monday, October 25, 2010
Currency Wars, Ficitious Deflation Propaganda and Gold / Currencies / Fiat Currency
By: Howard_Katz
This past weekend the Group of 20 nations met to discuss the value of their currencies. These discussions are being called “wars” in the general media because, although there is no actual shooting or dropping of bombs, each nation approached them with the attitude appropriate to a war. “I’m going to get mine at the expense of my neighbor.” To sum up the positions of all the nations at the talks:
Saturday, October 23, 2010
G20 Meetings Could Prove Very Important for Currencies / Currencies / Fiat Currency
By: Bryan_Rich
While many investors have their eyes on the G-20 Summit in November, this weekend’s gathering of G-20 finance ministers could prove to be the more significant event for markets.
If you take a look at recent history, I think you would agree.
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Saturday, October 23, 2010
Brazil Trys Some Old-Fashioned Capital Controls First / Currencies / Brazil
By: Paul_L_Kasriel
Richard Thies writes: With the second round of the Brazilian presidential election set for October 31st, we thought it would be a good time to focus on the country and steps the next administration can take to limit growing imbalances in the economy as well as the strength of the real. The election has gone mostly unnoticed by markets, in sharp contrast to the 2002 contest, but one need only look to the last few weeks to understand the importance of the vote.
Saturday, October 23, 2010
Don't Fear the Euro Currency / Currencies / Euro
By: Michael_Pento
When the euro hit a low of $1.1917 against the US dollar on June 7th, 2010, the airwaves crackled with assertions that the European common currency, beset by Greek debt problems and intra-union discord, was destined to trade at parity with the greenback. They were wrong. Since then, the euro has risen over 17% against the dollar, hitting $1.3961 today. The current upswing, delivered courtesy of the Fed, has at least temporarily silenced the euro's critics. It should also serve to impugn the notion that the US dollar holds a permanent position as the world's reserve currency.
Friday, October 22, 2010
U.S. Dollar Current Account Woes / Currencies / US Dollar
By: Andy_Sutton
Amid the recent rout of the USDollar, fears of an all-out trade war have been stoked globally. The G20 finance heads are currently struggling to find common ground on current account imbalances that will avert the inevitable. The point should not be lost on anyone that none of these leaders are really concerned about why these imbalances exist, but rather are only focusing on avoiding the negative consequences of poor fiscal behavior stacked up over the past several decades.
Thursday, October 21, 2010
Will the U.S. Treasury Defend the Dollar? / Currencies / US Dollar
By: Gary_Dorsch
“Everything depends on proper listening. Of ten people who listen to the same speech or story, each person may well understand it differently. Perhaps, only one of them will understand it correctly.” How should traders interpret the latest remarks by US Treasury chief Timothy Geithner, who shocked the currency markets on October 18th, citing his determination to defend the value of the US-dollar?
Thursday, October 21, 2010
Currency Wars, Gresham’s Law and Digital Gold Currency (DGC) / Currencies / Fiat Currency
By: David_Knox_Barker
Introducing the Chronicles of Atticus McShrugg: Instead of typical article format, I've created a fictional character and will chronicle his interaction with the President of the United States during these trying times of global crisis. Atticus McShrugg, a staff member in the National Security Council (NSC), is making his debut in order to speak into the fast-paced developments in the international political economy and global financial markets.
Thursday, October 21, 2010
Geithner, China Currency War and Foreclosure-gate / Currencies / US Dollar
By: Dian_L_Chu
Global markets freaked out on Tuesday primarily due to the following events:
- U.S. Treasury Secretary Geithner’s speech on Monday pledging “The United States and no country around the world can devalue its way to prosperity."
- Within hours after Geithner’s statement, China made a surprise interest rate hike—its first since 2007--raised fears that Chinese growth will slow with global implications.
- The unraveling of the “foreclosure-gate” could mean banking crisis 2.0
Wednesday, October 20, 2010
Currency Wars, Market Manipulation and Quantitative Easing / Currencies / Fiat Currency
By: Bob_Chapman
As we write the US dollar is in the process of trying to find at least a temporary bottom at 76.50 and to launch a countertrend rally. We would think a rally back to 80 is achievable, but we do not believe it’s sustainable - only some stabilization through the election. Japan drew a line in the sand at 82 and finished last Friday trading at 81.37. That does not smack of success, but we see improvement over the next two weeks.
Wednesday, October 20, 2010
The Aussie Dollar Gets the High-low Treatment / Currencies / Forex Trading
By: Dan_Denning
--Ouch both times. Aussie stocks got hit by the old “high-low” overnight. The “high-low” is a gridiron technique where one man tackles you high and the other tackles you low. The net result is that you get smashed. Granted, a four percent decline in the Aussie dollar versus the greenback doesn’t quite constitute a smashing. How bad, then, is the double-helping of unsettling news?
Tuesday, October 19, 2010
A Rising U.S. Dollar Amidst a Currency War? / Currencies / US Dollar
By: Marty_Chenard
Wall Street has been pointing out how a falling Dollar is good for stocks ... especially for international companies. What happens if the Dollar rises now?
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Monday, October 18, 2010
U.S. Dollar Devaluation, The Greatest Bet of All Time / Currencies / US Dollar
By: Larry_Edelson
No doubt you watched the U.S. dollar plunge almost out of control last week.
And no doubt you heard about the massive currency wars that are bearing down on the world, as each major country tries to put itself on sale, to boost exports, to inflate debts, and to compete in a world where both consumers and investors are running for cover.
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Sunday, October 17, 2010
Look at the U.S. Dollar USD Index / Currencies / US Dollar
By: Steven_Vincent
At this time sentiment on the US Dollar Index is about as bearish as ever and at least equivalent to that at the bottom in December 2009. Expectations for a meltdown to all time lows in the context of rampant devaluation via Quantitative Easing by the Fed are nearly universal. While these expectations may, of course, be met in the market, it's worth asking what the implications may be if the setup renders a contrarian result.
Sunday, October 17, 2010
Winning The Currency War By Unleasing Financial Nuclear War / Currencies / Fiat Currency
By: Matthias_Chang
Let us be very clear about the impact of the coming massive Quantitative Easing (QEII) by the FED, the financial bully of Wall Street. It is the unleashing of a financial nuclear weapon!
The financial media is portraying this process as "a war of survival" between America and the rest of the world. This is a war waged by Wall Street. Its main instrument is a Global Ponzi Scheme.
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Saturday, October 16, 2010
U.S. Dollar USD Index ZERO Bound / Currencies / US Dollar
By: Joseph_Russo
Who is fooling whom?"
It is with sheer disbelief, and utter amazement that the real world accepts such an empty unit of exchange to start with. To fathom a plausible reason for such collective behavior, one need not go any further than studying the classic conditioning experiment of Pavlov and his dogs.
Friday, October 15, 2010
Federal Reserve Policy Pushes the U.S. Dollar Ever Closer to Collapse / Currencies / US Dollar
By: Money_Morning
Peter D. Schiff writes: Much of the content of the latest U.S. Federal Reserve statement, released on Sept. 21, echoes the central bank's previous post-credit-crunch pronouncements: There is still too much slack in the economy, interest rates are still going to be near-zero for an "extended period," and the Fed will continue to use payments from its Treasury purchases to buy yet more Treasuries.