Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Sunday, September 05, 2010
China Knows the Fate of the Euro / Currencies / Euro
By: Bryan_Rich
This week, the U.S. Commerce Department gave China another pass on its currency manipulation, ruling against charges it was undercutting U.S. aluminum makers.
This puts China’s currency back on the radar for the politicians and others who, last June, were coaxed into thinking that China was making concessions on its weak currency policy. That’s when China announced they would be de-pegging the value of the yuan from the U.S. dollar.
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Friday, August 27, 2010
NZD/USD Pullback From 76.4% Resistance Underway / Currencies / Forex Trading
By: Seven_Days_Ahead
A Jun/Jul recovery in NZD/USD seemed to lessen the threat from medium term bears, but recently resistance from the 76.4% retracement level effectively repelled the gains, and the first sign of momentum loss has now appeared.
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Tuesday, August 24, 2010
U.S. Dollar Threatened by Fannie & Freddie / Currencies / US Dollar
By: Axel_Merk
Social subsidies may make good politics, but all too often bad economics. When Fannie Mae was created in 1938, the seeds were planted for the biggest housing bust the world has ever seen; the going was good while the party lasted for the first 80 years, but ended in the financial crisis of 2008 – the hangover for many still remains. In 2008, many feared the dollar might collapse should Fannie Mae and its smaller cousin Freddie Mac (together here Government Sponsored Entities or GSEs) fail; little did those so fearful know that the government would embark on the largest bailout in history; the U.S. dollar rallied as the GSEs were put into conservatorship, making the previous implicit government guarantee just about as explicit as is possible.
Monday, August 23, 2010
China Ditches the U.S. Dollar, Are Times Changing? / Currencies / US Dollar
By: money_morning_au
Shae Smith writes: We all know the US flogs its debt to anyone willing to buy it. And up until recently, that's been China.Very slowly, over the past twelve months China has been lowering its exposure to US treasuries. In fact, in the last twelve months, they've offloaded about USD$100 billion dollars worth.
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Friday, August 20, 2010
Slip Back in EUR/JPY Currently Assumed Temporary / Currencies / Euro
By: Seven_Days_Ahead
After EUR/JPY found interesting support from a long term 76.4% level earlier in 2010, initial bull signs appeared. The current s/term slip back might unnerve the early bulls but it is worth them keeping the faith for now.
Friday, August 20, 2010
What Problems Lie Ahead for the U.S. Dollar? / Currencies / US Dollar
By: Julian_DW_Phillips
The recent history of the Dollar
China is the largest holder of the U.S. Dollar in its foreign exchange reserves at $2.45 + trillion. This is an impossible number to trade on foreign exchanges. So they're stuck with them until they can spend them. But, as long as the U.S. Dollar is the world's sole reserve currency, these reserves are useful to buy any asset in any country. It is vital that they retain their buying power. Buying power is defined by its exchange rate value and inside the U.S. relates to the inflation rate.
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Saturday, August 14, 2010
Fed’s Wake-Up Call Gives the Euro a Dose of Reality / Currencies / Euro
By: Bryan_Rich
The Fed surprised many people this week when it announced it would respond to the deteriorating economy with more efforts to stimulate.
It was a splash of cold water on the face of the world, a wake-up call that hammered home the reality of the economic climate: The recession wasn’t normal, the recovery wasn’t real, and we’re only half way through what will likely be described as a global depression.
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Friday, August 13, 2010
It's the Third and Final Act for the U.S. Dollar / Currencies / US Dollar
By: LewRockwell
Jeff Fisher writes: The US credit system is in the midst of its third credit crisis since the advent of the Federal Reserve.
The first credit crisis was a deflation that morphed into the Great Depression. (See Rothbard's: America's Great Depression.)
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Friday, August 13, 2010
Has the short-term move in the Euro Yen clarified the long-term outlook? / Currencies / Euro
By: Seven_Days_Ahead
For most of May and June the Yen was a strong buy against the Euro, as traders sought safe havens to protect against the Euro zone Sovereign debt crisis. At that time, the Yen and Dollar were considered safe trades, especially the Yen, even though Japan runs a very high debt to GDP ratio and continues to struggle with deflation. But unlike the Dollar, Japan runs a healthy trade surplus, has foreign exchange reserves in excess of US$1.0T and most of her government bonds are owned domestically.
Friday, August 13, 2010
USD/CAD Could Still Be Trying to Base / Currencies / Canadian $
By: Seven_Days_Ahead
After an initial recovery attempt in Apr/May, USD/CAD has become consolidative - still with the prospect of forming a base, but still without the necessary bull signals to tilt the scales firmly in the bulls’ favour. Not for the first time interesting support has emerged from a 76.4% level...
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Thursday, August 12, 2010
China Reports Huge Trade Surplus With U.S. Signaling More Currency Tensions / Currencies / China Currency Yuan
By: Pravda
Despite forecasts of a cooling demand for Chinese products in the USA and EU, Beijing has reported a huge trade surplus figure after exports soared to 145.5 billion USD in July, a year-on-year increase of 38.1%. In the pipeline: tensions between Washington and Beijing over the valuation of the Renmimbi?
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Thursday, August 12, 2010
How to Profit From the Fed's U.S. Dollar Destruction Policy / Currencies / US Dollar
By: Money_Morning
Keith Fitz-Gerald writes: This week's decision by the U.S. Federal Reserve to buy Treasuries in an effort to prop up borrowing is further proof that the economy is worse off than policymakers would have us believe. But more than that, the Fed's Treasury purchase plan is just one more reason for investors to anticipate inflation and take steps to protect their money from it.
Thursday, August 12, 2010
Euro, British Pound Reverse Sharply / Currencies / Forex Trading
By: LiveCharts
The euro and pound have both been in full retreat against the US dollar on Wednesday (August 11). One euro is worth just $1.2845 after trading as high as $1.3226 on Tuesday. A British pound nets $1.5636 after a $1.589 peak Tuesday.
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Saturday, August 07, 2010
Japanese Yen on Central Bank Intervention Watch / Currencies / Japanese Yen
By: Bryan_Rich
As major global economies are beginning to feel the threat of another bout with recession, Japan is dealing with an extra challenge: An unwelcomed strong currency.
Weak structural economic fundamentals around the world and tough austerity are proving to squash the feeble recovery. And the likelihood of central banks returning to, or intensifying, the easy money policies are growing.
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Thursday, August 05, 2010
No More Dollar, Pound, Yen, or Euro,The New Push for a Global Currency / Currencies / Fiat Currency
By: LewRockwell
You surely didn't think that the governing elites would let this economic crisis pass without pushing some cockamamie scheme for control. Well, here is the cloud no bigger than a man's hand, a revival of a 60-year-old idea of a global paper currency to fix what ails us.
Wednesday, August 04, 2010
EURIBOR, Euro and USD Index / Currencies / US Dollar
By: Ashraf_Laidi
Many have expressed scepticism with strength of the euro at a time when EURIBOR and EUR-Libor rates remained on the rise. EUR 3-month LIBOR stands at 12-month high of 0.83%, up 46% from its March lows. Yet unlike in April-May when rising Eurozone rates resulted from plummeting inter-bank confidence and falling liquidity in the system, the recent strengthening in Eurzone interbank rates has been partly boosted by improved macroeconomic/bank earnings figures, as well as a stabilizing currency.
Monday, August 02, 2010
US Dollar Index Declines as Eurodollar Short Squeeze Ends / Currencies / US Dollar
By: Jesse
Dollar LIBOR is the 'tell' as european banks scramble to obtain US dollars to satisfy customer demand, they drive the 'price' of the dollar higher. The cause of the squeeze was the euro uncertainty based on ratings downgrades on Greece, and the hedge funds determined selling of the euro, which created a sell off in euros.
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Wednesday, July 28, 2010
U.S. Dollar Stress Next? / Currencies / US Dollar
By: Axel_Merk
The crisis is dead! Long live the crisis! In an attempt to address the debt crises swirling around the globe, policy makers have responded with a mishmash of somewhat questionable approaches:
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Wednesday, July 28, 2010
Evolving Global Financial Crisis, U.S. Dollar Heading Down Again / Currencies / US Dollar
By: Bob_Chapman
As we long ago predicted, 2005 was the beginning of the collapse of the housing bubble. The result was financial chaos and a credit crisis that enveloped the US, Europe and eventually the world. Some would like us to believe that materialism and selfishness were the reasons for bubbles, but the causes go far deeper than that. US, UK and European central banks, due to their greed for power, and a desire for world government, allowed debt to get totally out of control.
Thursday, July 22, 2010
Euro Currency Follow Up Analysis / Currencies / Euro
By: INO
Late last week we produced a video on the euro (which was posted on our blog on Monday), making a case that the currency was very close, if not at its highs. Since then, we have had two significant events fall into place which made the dollar skyrocket against the euro.