Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Thursday, May 21, 2009
Austrailian Dollar (AUD) Trend Direction Analysis / Currencies / Forex Trading
By: INO
Today we are going down under to analyze the Australian dollar. Many traders look at the Australian dollar (AUD) and the Canadian dollar (CAD) as commodity plays. Both countries are rich in natural resources and that seems to be a key element to the recent moves in both of these currencies.
Thursday, May 21, 2009
Is the U.S. Dollar Heading For a Mighty Crash? / Currencies / US Dollar
By: Gary_Dorsch
Each month, the US Treasury publishes its International Capital account, (TIC) which foreign currency traders and bond dealers use to gauge the flows of money from around the world, into and out-of the US-capital markets. The demand for a nation’s bonds and stocks, combined with international trade flows for goods and services, plus behind the scenes intervention by central banks, all act in concert to influence the foreign exchange market which handles $4-trillion per day.
Wednesday, May 20, 2009
Is the U.S. Dollar in Trouble? / Currencies / US Dollar
By: INO
How we analyze the Dollar Index - According to the dollar index (DX), which is a basket of currencies that track the dollar, it would appear as though the dollar is indeed going to be coming under more pressure. The dollar index is much like an index for stocks except in this case it is for currencies.
Wednesday, May 20, 2009
British Pound (GBP) Upside Trend Break Out Analysis / Currencies / British Pound
By: INO
Taking another look at the British pound.
On May 8, I produced a video which gave a detailed analysis of the British pound (GBP) versus the US dollar (USD). At that time I expected the British Pound to continue its gains against the US dollar. In today's video I will revisit GBP/USD cross to see just what has happened to this market.
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Wednesday, May 20, 2009
China and Brazil Try to Flee From the US Dollar / Currencies / US Dollar
By: Pravda
Brazil's state visit to China has set the chins wagging. Will an agreement be struck to invoice their bilateral trade in their own currencies rather than the dollar? Brazilian President Lula had made some allusions to this last month around the G20 meeting.
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Tuesday, May 19, 2009
Russia Dumps the U.S. Dollar for Euro as Reserve Currency / Currencies / Global Financial System
By: Pravda
The US dollar is not Russia’s basic reserve currency anymore. The euro-based share of reserve assets of Russia’s Central Bank increased to the level of 47.5 percent as of January 1, 2009 and exceeded the investments in dollar assets, which made up 41.5 percent, The Vedomosti newspaper wrote.
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Sunday, May 17, 2009
The Incredible Shrinking Global Economies Bullish for the U.S. Dollar / Currencies / US Dollar
By: Money_and_Markets
Bryan Rich writes: Germany is the world’s largest exporter. And in the broadest global recession on record, demand for its exports has come to a virtual standstill.
As a result, Germany, the core of the Eurozone, is shrinking at a record pace. And Germany isn’t alone. Many of the world’s largest economies have rested on the export model.
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Friday, May 15, 2009
U.S. Dollar index, EURUSD and Commodities Playing Together / Currencies / Forex Trading
By: Michal_Matovcik
Problems are on the both sides of the ocean but technical picture is giving us some new info about potential break of longterm trendline. When we put it in context of breaking the longterm trendline on dollar index, we can see building bearish setup for US dollar. First the EURUSD technical picture.
Wednesday, May 13, 2009
Fed Seeks U.S. Dollar Devaluation to Reflate the Economy / Currencies / US Dollar
By: Michael_Pento
Commodities are rising, the dollar is falling and the trade deficit is growing. Everything bad is good again, thanks to the Feds.
All of the pernicious factors that brought us to the brink of financial Armageddon are now once again returning and are still—amazingly enough--being embraced as both normal and healthy for the long term viability of the U.S. economy. Factors such as a strengthening U.S. dollar, shrinking trade deficit, a surging savings rate and falling commodity prices were all being viewed as the bane of the U.S. economy. And now, unfortunately, what had been the budding re-emergence of economic sanity is being obliterated by a killing frost thanks to the Fed and the Administration.
Tuesday, May 12, 2009
Follow the Money… Out of the U.S. Dollar? / Currencies / US Dollar
By: Axel_Merk
Kieran Osborne writes: Recently, stock markets appear to have experienced an almost euphoric phase, seemingly shrugging off most negative news flow day after day. Whether or not you believe in the so-called “green shoots” of economic recovery, a significant economic rebound, or a continued decline in economic activity, one thing seems abundantly clear: investors have been becoming less risk averse. The most commonly followed “fear indicator”, the VIX index, has retracted (likewise, other commonly followed indicators such as the TED spread has tightened and OIS spreads have reverted to levels not seen since the Lehman Brothers collapse), three month T-bill yields have recently risen and equity markets around the world have rebounded from March lows.
Sunday, May 10, 2009
Reflation Trade Continues, Euro Heading Higher / Currencies / Euro
By: Mike_Paulenoff
The developing technical set-up in the Euro-$ could have extremely bullish
potential largely because the pattern since last October can be construed as
a double bottom (Oct-Mar) followed by an initial upmove from 1.2450 to
1.3735, followed by a pullback into the April 22 low that was contained
ABOVE the double bottom lows. And then, during the last two weeks, another
rally has emerged that is pushing up against key resistance at 1.3680-1.3735
- as the price structure climbs above its 50 and 20 DMA¹s ahead of its
upside breakout!
Sunday, May 03, 2009
U.S. Dollar Index Analysis and Forecast / Currencies / US Dollar
By: David_Petch
The US Dollar Index has been experiencing weakness over the course of the past few days and is challenging present support levels, which if broken, could see a dip to 82-83. Analysis today will illustrate various trends in the USD and what to expect over the course of the next few weeks.
Wednesday, April 29, 2009
U.S. Dollar Turned Back at Yen 100 / Currencies / US Dollar
By: LiveCharts
The dollar seemed on the fast track to cruise past 100 yen and beyond recently. During the six week long stock market rally, the dollar surge to a high point of 101 yen on April 6th. However, as the Dow has flattened and held above 8,000 the last couple weeks, the dollar’s momentum against its Japanese counterpart has waned.
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Saturday, April 25, 2009
Gold and China's Global Currency Threat to the U.S. Dollar / Currencies / China Currency Yuan
By: Julian_DW_Phillips
For years now we have been warning of the decline of the $ as the globe's reserve currency. The threat is not so much that the monetary policies of the U.S. are cheapening the worth of the $, but that these are pressing so many other nations to search for ways to avoid the US $ in international dealings. China has now taken a momentous, structurally adjusting step to change matters in their favor.
Thursday, April 23, 2009
Chinese Global Currency Strategy Challenge to U.S. Dollar and Gold / Currencies / Global Financial System
By: Jim_Willie_CB
In a series of maneuvers, Chinese officials have revealed their strategy implementation in a very broad set of steps. Beijing leaders plan to establish the yuan currency as a global reserve currency. The process will be made more complete after issuance of a large volume of Chinese Govt debt securities, soon in coming. The number of policy actions is impressive. While the USGovt is busy stepping backwards with FASB rules enabling false bank accounting, gearing up Treasury programs to direct colossal elite welfare / confiscation to failed banks responsible for the crisis, covering up Wall Street fraud and regulatory lapses and debt rating agency collusion, and ordering pork like the $9 billion high speed train from Disneyland to Las Vegas, the Chinese are making important meaningful critical strides.
Thursday, April 23, 2009
U.S. Dollar Setting up for a Decline Into End of Month / Currencies / US Dollar
By: ForexPros
The USD suffered a violent whipsaw today first rising to highs during early New York trade before reversing to make lows against some pairs and end mixed. Rising to highs against the GBP, low prints were hit early as stops and aggressive selling dropped the rate to a low print 0f 1.4395 before short-covering and aggressive buying lifted the pair back to the 1.4500 handle to hold around 1.4510/20 area most of the day.
Wednesday, April 22, 2009
U.S. Dollar to Weaken Due to Underlying Fundemental Weakness / Currencies / Forex Trading
By: ForexPros
The USD ends mixed today after reaching critical S/R numbers after the open and ahead of the London fix. The BOC announced a 25 BP cut in interest rates lifting the USD/CAD sharply higher as stops over the 1.2400 area fired off topping the rate at 1.2509 before cooler heads prevailed. The rate fell back as late buyers were disappointed finding sell-stops in-range bringing the rate back under the 1.2400 handle eventually making a new low on the day at 1.2324; traders now feel the rate has completed a retracement against the recent weakness and with an inverted hammer formation on the daily charts more losses are likely.
Tuesday, April 21, 2009
U.S. Dollar Immediate Term Rally Setting Scene for Sell off Into End of the Week / Currencies / Forex Trading
By: ForexPros
The USD ends the first day of the week on a high note making gains against the majors with the exception of the Yen; analysts note that the USD/JPY is holding below the monthly opening range suggesting a technical correction is finally in play.
Sunday, April 19, 2009
Global Deflation and Currency Manipulation Boosts the U.S. Dollar / Currencies / US Dollar
By: Money_and_Markets
Bryan Rich writes: This week there was plenty of data to digest from the financial markets and the overwhelming theme was — more of the same.
If you missed it, here’s a run-down …
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Friday, April 17, 2009
Fed Using Currency Swaps to Boost the U.S. Dollar / Currencies / US Dollar
By: Eric_deCarbonnel
Currency swaps are of reciprocal currency agreements (swap facilities) between central banks. The officially purpose of such agreements are explicitly of short term and are intended to finance short-term capital flows believed to be seasonal or temporary in nature. Swap agreements are also misused to facilitate large interventions in foreign exchange markets, which is what is occurring with the dollar today.