Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Thursday, March 04, 2010
Is the U.S. Dollar Really Safer Than the Euro? / Currencies / Fiat Currency
By: Michael_Pento
The European currency has depreciated dramatically against the US dollar in the past few months, falling from over $1.50 on December 1st to $1.35 today. The move has caused many investors to question the viability of the European Union and its currency, while also serving to reinforce the notion of the USD’s position as the world’s reserve currency.
Wednesday, March 03, 2010
Chinese Yuan v The U.S. Dollar: In The Case of Global Reserve Currency / Currencies / US Dollar
By: Dian_L_Chu
The practice of accumulating dollar reserves by the central banks has become more pronounced after the 1997 Asian financial crisis, when currency speculators hastened a balance of payments crisis in Thailand, Indonesia and South Korea by demanding dollars for local currency, depleting the central banks’ dollar reserves.
Wednesday, March 03, 2010
U.S. Credit Turns to Debt, Will The U.S. Devalue The Dollar? / Currencies / US Dollar
By: Darryl_R_Schoon
The ability to wage war on credit gave the West an insurmountable advantage over the East. The West’s credit, however, has now turned to debt and the West has lost its advantage. But the return to parity will not be easy.
The three hundred year economic expansion fueled by debt-based capital markets is coming to an end and with it, the hegemony of the West over the East. During that period, debt-based paper money propelled first England then the US to world dominion because of the ability to wage war on credit and to print money ad infinitum.
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Tuesday, March 02, 2010
British Pound GBP Australian Dollar AUD Currency Analysis and Forecast 2010 / Currencies / British Pound
By: Nadeem_Walayat
In response to a number of requests for an analysis of the Australian Dollar, this article seeks to conclude towards a forecast trend for the British Pound against the Australian Dollar for 2010. Thought readers should note that I neither track nor trade this currency cross and nor do I have the time to spend several weeks performing an in depth analysis of the Australian economy, therefore I am instead will relying upon existing analysis of the U.S. Dollar and GBP as a relative guide in terms of currency trends.
Tuesday, March 02, 2010
Euro Dollar Cross Currency Analysis / Currencies / Forex Trading
By: INO
We ended 2009 with the overriding consensus that the dollar was going to be under pressure and keep moving lower against the euro. Well guess what, the euro proved to be even weaker than the US dollar as it moved to levels not seen since May of 2009.
Monday, March 01, 2010
Falling U.S. Dollar, Buoyant Equities / Currencies / US Dollar
By: Mike_Paulenoff
While the e-mini S&P 500 appears to be consolidating at the top of its upmove from last Thursday’s pivot low at 1084.59, the DXY (cash dollar index) is in the process of giving back most of its upmove from earlier today. As of this moment, the combination of a falling dollar and buoyant equity indices argues for continued upside in the commodity-related names and indices into the closing bell – especially in the metals and mining names, including ETFs such as the GDX and GLD.
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Monday, March 01, 2010
The Crowd Is About to Get Destroyed in Currency Trading / Currencies / Forex Trading
By: DailyWealth
Porter Stansberry writes: Several weeks ago, I was invited to a client meeting in Miami held by the wealth-management firm AllianceBernstein.
Bernstein's investment research has long been regarded as the best on Wall Street.
Monday, March 01, 2010
Traders Eye GBP For Dollar Strength As Euro Holders Risk Shorts Squeeze / Currencies / British Pound
By: Ashraf_Laidi
The escalating negative dynamics surrounding GBP are giving FX traders a new means of going "long USD", as excessive shorts in EUR risk a short squeeze in light of possible "Greece breakthrough" of German banks purchasing Greek bonds. And so rather than getting caught wrong-footed in opening new shorts in EUR, FX markets face fresh pretexts for sending GBP back towards last year's lows.
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Saturday, February 27, 2010
China Currency Poses Greatest Danger to Global Economic Recovery / Currencies / China Currency Yuan
By: Bryan_Rich
Toward the end of last year, many market followers were speculating on a Fed hike as early as the first half of 2010. Global stock markets had experienced explosive bounces, commodity prices had surged from the crisis lows, and risk spreads and market volatility had all subsided.
In short, markets were pricing in a very optimistic outlook for global economic recovery — a return to normalcy.
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Friday, February 26, 2010
Short-term Bottom for Euro / Currencies / Euro
By: Mike_Paulenoff
As we noted Thursday, the technical set-up of the Euro/$US exhibits the requisite conditions for the establishment of a near-term bottom, followed by a relief rally to 1.3750-1.3800 in the upcoming hours/days. Let’s notice now that the euro is approaching initial resistance at 1.3720/50, which should give us a good gauge as the strength of the euro rally.
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Friday, February 26, 2010
Sterling Euro Possible Breakout / Currencies / British Pound
By: Seven_Days_Ahead
The Technical Trader’s view:
Friday, February 26, 2010
Awaiting EUR/USD Reaction At 61.8% Level / Currencies / Euro
By: Seven_Days_Ahead
The EUR/USD has continued to grind lower, reluctant to embark on any meaningful rebound phase. Earlier supports have given way but, now, the 61.8% pullback level has been neared, offering sidelined bulls another chance.
Thursday, February 25, 2010
Gold Euro Record High, Euro-zone Crisis as Economies Cannot Devalue Against Each Other / Currencies / Euro
By: Adrian_Ash
It wasn't called the "irrevocable exchange rate" for nothing...
PRICING YOUR money in gold – in a world where everyone else does the same, and at fixed exchange rates, too – makes for a big problem if the welfare state begins gobbling up more wealth, year after year, than it earns in taxation.
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Wednesday, February 24, 2010
Still Living in a U.S. Dollar Centric World / Currencies / US Dollar
By: Justice_Litle
Abstract: For all its fatal flaws, the $USD is still king of the hill – and for now at least, the focus of investor optimism has shifted to the United States.
With apologies to Mark Twain, the dollar’s death has been greatly exaggerated. We can see this with a simple glance at the $USD chart below.
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Sunday, February 21, 2010
U.S. Dollar Entering Consolidation Phase / Currencies / US Dollar
By: David_Petch
It appears that we are either just entering the consolidation phase of the US dollar index for the next 6 to 8 weeks or there is one final move to the upside before entering the consolidation phase. Every market around the globe is experiencing difficulty in one form or another which is associated with high debt levels.
Sunday, February 21, 2010
U.S. Dollar Fool's Gold Rally, Protect Yourself Against Worthless Fiat Paper / Currencies / US Dollar
By: Joseph_Russo
Although in truth, it is valueless paper; in our collective reality, it is real and has legal purchasing powers. Despite such enslavement by government decree, it does not stop us from trading it, and hedging against its true intrinsic value.
The fool's gold to which we refer is none other than the world's reserve currency, the $USD.
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Sunday, February 21, 2010
The Future of the Euro Currency in Question / Currencies / Euro
By: Bryan_Rich
At the beginning of this year, I wrote a Money and Markets column entitled “Will the Euro Become the Most Hated Currency for 2010?“
At that time, the euro/dollar exchange rate was about 5 percent off of its 2009 highs. And we were just months removed from hearing the constant and broadly espoused opinions suggesting the euro would become the world’s next primary reserve currency — replacing the troubled U.S. dollar.
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Friday, February 19, 2010
GBP/USD Support Only Temporary / Currencies / British Pound
By: Seven_Days_Ahead
After finding strong resistance last year GBP/USD has now started to break through 38.2% support, which was effective in Oct-09. Slightly lower support has emerged but s/term rallies should be temporary prior to a deeper pullback.
Friday, February 19, 2010
U.S. Dollar Still Looks Strong Against the Euro / Currencies / US Dollar
By: Seven_Days_Ahead
The Macro Trader’s view:
The current Dollar rally began late in 2009 and was driven initially by some strong US economic data. But even when that data turned a little mixed, the Dollar continued to rally.
Thursday, February 18, 2010
The Euro a Lost Cause, Greecing Over Greece / Currencies / Euro-Zone
By: Gary_North
In my previous report, "Bankrolling the Incontinent Subcontinent," I discussed the basics of the European crisis. The mess was predictable. The experts did not predict it.
The Northern bankers did not predict it. They have lent gigantic sums to the Mediterranean governments. Their solvency is at risk. On the extent of the loans, click here.
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