Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, May 28, 2010
EUR/GBP Reaches Pivotal Level / Currencies / Forex Trading
By: Seven_Days_Ahead
From the early March high the slide back in EUR/GBP has turned from what might have been a simple correction in a larger bull move into an early indication of a medium term bear phase, though not, as yet, confirmed.
Friday, May 28, 2010
Euro Crisis, The Hidden Agenda / Currencies / Euro
By: Sol_Palha
"Watch out for emergencies. They are your big chance." ~ Fritz Reiner
While everyone is focusing on the so called obvious factors, they have missed the most important factor; the real reason behind the crisis. The crisis started in Greece and the top EU members knew they were going to bail out Greece and potentially any other member that needed help, but they pretended that they would not. One of the obvious reasons for the bailout was not to protect Greece, but to save the bond holders; most of the bond holders are foreigners. That's the same reason the banks were bailed out in the US, to protect the large shareholders; it's all a game of smoke and mirrors.
Read full article... Read full article...
Thursday, May 27, 2010
Critical Juncture - Update on the Euro, Australian Dollar and Japanese Yen / Currencies / Euro
By: Axel_Merk
Our long-term outlook on the euro remains more positive than that of many market participants. There are numerous reasons for our view, amongst others because it is more difficult to print and spend money in the eurozone. Fiscal coordination is rapidly improving in the eurozone, addressing the euro area's key deficiencies. Since the announcement of the $1 trillion credit line less than 3 weeks ago, Spain, Portugal and Italy have all passed substantial fiscal consolidation measures. Germany is also seizing the opportunity, proposing to reform labor markets.
Read full article... Read full article...
Wednesday, May 26, 2010
Gold Correction Factors, Hidden Dollar Swap Hammer / Currencies / US Dollar
By: Jim_Willie_CB
Let me start the article with a personal note. For the last six years, my pen has put forth a public article almost every week. Since the end of 2009, a change has come from that pattern, for four reasons. First, articles take time and serve as free volleys sent into cyberspace. They are attempts to raise awareness of a broken corrupt system, to encourage increased investment protection by the investment community, and to make repetitive messages that can sink in. Second, many of the warnings have come true of a monetary system in tatters, an insolvent banking system, a failed central bank franchise system, and a discredited amalgam of sovereign bond markets.
Sunday, May 23, 2010
Euro Collapse Looms? Panic Ban On Naked Short Selling / Currencies / Euro
By: F_William_Engdahl
Germany's Chancellor Angela Merkel says the Euro currency is at risk and that Europe faces its greatest challenge since the EU was formed. It comes as stock markets in Europe and Asia tumbled on the surprise news that Berlin was banning types of 'short selling' where investors profit by betting that shares will drop in value.
Saturday, May 22, 2010
Massive Currency and Debt Devaluations Lie Ahead / Currencies / Global Debt Crisis
By: Bryan_Rich
The run-up in the stock market from March 2009 until last month was sharp and rewarding … for some. But there was one problem, it came with disproportional risk. You see, the stock market rose to an extent that it was pricing in perfection … a V-shaped recovery … a return to normal.
That overly optimistic view on the world can make for an ugly ending …
Read full article... Read full article...
Saturday, May 22, 2010
Euro Gains as Germany Finalizes Eurozone Support Package / Currencies / Euro
By: LiveCharts
German lawmakers have moved very quickly to officially put into a place a loan assistance package for debt ridden European Union countries. Citing the growing despair in the marketplace, German leaders noted that making the support package official was important to concerned consumers and investors.
Read full article... Read full article...
Friday, May 21, 2010
Euro Panic Buying Opportunity / Currencies / Euro
By: Zeal_LLC
The condition of Europe has become the psychological linchpin governing the world’s financial markets. Even the notoriously insular American investors are fretting about Europe’s woes on an hour-by-hour basis, which is incredible. The euro currency has become the focus of the global Europe fears, trying unsuccessfully to shoulder this crushing burden. The result is the euro’s recent panic-like plunge.
Friday, May 21, 2010
EURO EXPERIMENT: German Steel or Schmucks? / Currencies / Euro-Zone
By: Gordon_T_Long
The European Crisis is proving to be more of an unraveling than a contagion.
I have long written that the European Monetary Union (EMU) constitution and Euro currency should be viewed in the context of a risky bet versus a sound regional monetary strategy. The odds of the EMU’s survival are presently reflected in a plunging Euro, despite a historic and unprecedented intervention. This indicates that the EMU’s existence in its current form is now a bad bet.
Read full article... Read full article...
Friday, May 21, 2010
EUR/CHF Downmove Stalls, Again / Currencies / Forex Trading
By: Seven_Days_Ahead
Twice before, this year, the downmove in the EUR/CHF cross has shown signs of trying to find a decent support level, but with bears then driving values lower. For a third time, now, the chart has reached a point where it is worth looking closer for signs of bear fatigue.
Thursday, May 20, 2010
Bernanke’s Blackhawk Helicopter and the Global Currency-Trade War: DEFCON 2 / Currencies / Quantitative Easing
By: David_Knox_Barker
Chairman of the U.S. Federal Reserve Board, Ben Bernanke, is now famous for declaring his willingness to use a helicopter to dispense dollars to stop U.S. deflation. In the spirit of shock and awe, he promised the indiscriminate firing of dollars into the U.S. and global economy, without concern for friendly fire casualties. Granted, indiscriminate firing of dollars near innocent savers and trading partners is not friendly fire, but stick with this analogy, it gets better.
Thursday, May 20, 2010
Euro Trending Towards Parity to the U.S. Dollar, Fast! / Currencies / Euro
By: INO
Don't be surprised when one euro equals one dollar... it could happen.
As everyone in the Western World knows, Europe has been having its share of major problems. All of Europe’s trials and tribulations have had a dramatic affect on the performance of the euro, recently putting it under severe pressure.
Thursday, May 20, 2010
Euro Crisis Totally Out of Control? Implications / Currencies / Euro
By: Christopher_Laird
The evolving Euro crisis is expanding and deteriorating rapidly. In only one week since the $1 trillion EU proposed bailout, the following happened:
Wednesday, May 19, 2010
If The Euro Collapses What Will Happen to the Oil Price? / Currencies / Euro
By: Andrew_Butter
According to the IMF World GDP in nominal terms expressed in dollars was $57 trillion in 2009. The European Union accounted for 29% of that; and lets say another 10% of the world implicitly or explicitly link their currencies to the Euro (for the sake of argument I’m assuming the Pound tracks the Euro and the Yen will track the dollar more or less).
Wednesday, May 19, 2010
ECB Euro Currency Market Intervention is Inevitable / Currencies / Forex Trading
By: Ashraf_Laidi
The massive 200-pip jump in EURCHF in less than 10 minutes (13:00-13:10 BST) is the work of no other than the Swiss National Bank intervening to sell its own currency. But the 80-90 pip jump in EURUSD must also be the work of European banks intervening on behalf of the ECB to boost the ailing euro. The events of the last 2 weeks imply that coordinated central bank intervention is possible. If it took 2 days for the ECB's to make an about turn on bond-purchases and for Berlin to institute a ban on naked shorts, then the prospects for intervention are very plausible.
Tuesday, May 18, 2010
Germany, Greece and Exiting the Eurozone / Currencies / Euro-Zone
By: STRATFOR
Rumors of the imminent collapse of the eurozone continue to swirl despite the Europeans’ best efforts to hold the currency union together. Some accounts in the financial world have even suggested that Germany’s frustration with the crisis could cause Berlin to quit the eurozone — as soon as this past weekend, according to some — while at the most recent gathering of European leaders French President Nicolas Sarkozy apparently threatened to bolt the bloc if Berlin did not help Greece. Meanwhile, many in Germany — including Chancellor Angela Merkel herself at one point — have called for the creation of a mechanism by which Greece — or the eurozone’s other over-indebted, uncompetitive economies — could be kicked out of the eurozone in the future should they not mend their “irresponsible” spending habits.
Monday, May 17, 2010
We Are Still In The Early Stages Of Major Currency Devaluations / Currencies / Fiat Currency
By: Miles_Banner
For the year the gold price is up 10.25% in US dollars, 22.38% in Euros, and 27.85% in pounds (London PM fix). The HUI gold index is up 13.38% and the SPDR gold shares (GLD) is up 9.61%.
In the aftermath of the recent bail out by the IMF and ECB the markets are continuing to undermine the euro.
Read full article... Read full article...
Saturday, May 15, 2010
You're Not Too Late: Three Euro Trades You Can Make This Week / Currencies / Euro
By: DailyWealth
Tom Dyson writes: In March 2009, the Federal Reserve announced it would spend $300 billion buying Treasury bonds...
The Federal Reserve has immense financial power. You'd expect this announcement to cause prices to rise in the Treasury bond market. And they did. The day they made the announcement, Treasury bond prices had their biggest one-day gain in history... and continued rising for a few days after.
Saturday, May 15, 2010
Euro Crisis, The Worst is Yet To Come / Currencies / Euro
By: Sol_Palha
"If the thunder is not loud, the peasant forgets to cross himself." ~ Russian proverb
I think it is a given that Greece will have to default, everyone knows this, but they are just playing cat and mouse for now. Most Greeks are dead set against the new Austerity measures and they will likely throw this government out of power for the new changes they have instilled.
Read full article... Read full article...
Friday, May 14, 2010
Euro Under Extreme Pressure in Downward Death Spiral / Currencies / Euro
By: Mike_Paulenoff
If a picture is worth 1,000 words, then in the case of the enclosed 11-year weekly chart of the EUR/USD only one or two are required to put the situation into perspective: WOW! Or, alternatively, YIKES! In recent days, we have discussed the inability of the EUR to mount any sort of rally to regain Sunday evening's short-covering high at 1.3095, which at some point would bring in another round of "liquidators." Appropriately, the "long liquidators" emerged on a Friday, ahead of the European market close, and ahead of the start of the North American session. As of the open the EUR/USD was pressing into new low territory and heading for a test of the prior significant low at 1.2330 (1% beneath current levels) from Oct 2008.