Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Wednesday, August 28, 2019
New Gold & Silver Bull Analogs / Currencies / Gold and Silver Stocks 2019
By: Jordan_Roy_Byrne
Back during the bear market years (it’s nice to be able to write that now), I regularly would compare the declines in Gold, Silver and gold stocks to their past history. It gave us a visual representation of just how bad the forever bear market was and helped us decipher when it might end.
Thankfully that is all behind us.
Now it’s time to compare recent bullish moves to past iterations.
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Sunday, August 25, 2019
Newbie Guide to Currency Pairs in Forex Trading – Review / Currencies / BlockChain
By: Kavinesh_A
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Thursday, August 22, 2019
USD/JPY, USD/CHF, GBP/USD Currency Pairs to Watch Prior to FOMC Minutes and Jackson Hole / Currencies / Forex Trading
By: Nadia_Simmons
It’s often like this prior to market-moving events. Prices keep trading in a narrow consolidation, dropping subtle clues here and there. The context remains though, and coupled with the preceding price action, it allows to us to see the market tipping its hand. So, how have we prepared for what’s to come?
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Saturday, August 17, 2019
It’s Time For Colombia To Dump The Peso / Currencies / Fiat Currency
By: Steve_H_Hanke
Colombia’s peso is in trouble, again. Against the U.S. dollar, the peso has shed 20% of its value in a little more than a year and 7% in the last month. Like most Latin American currencies, the Colombian peso bobs up and down like a yo-yo, but its long-term trend is one of weakness. Indeed, since August 2014, the peso has lost 45% of its value against the greenback. Talk about a theft! The chart below tells the peso’s most recent tale.
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Thursday, August 15, 2019
GBP vs USD Forex Pair Swings Into Focus Amid Brexit Chaos / Currencies / British Pound
By: Submissions
On July 16th Sterling hit its 2019 low of $1.24 against the US Dollar. It wasn’t the biggest surprise, as GBP has been bouncing around the $1.25-$1.26 mark for most of July, and, indeed, sits around that mark at the time of writing one week later.The drop in Sterling’s value prompted a bit of a reaction on social media, which soon snowballed into hysteria and misinformation. The latter came from a widely shared story on Twitter, which claimed that GBP had reached its lowest rate against USD since 1985. That was, in fact, incorrect, as the Pound was buying $1.22 in January 2017.
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Thursday, August 15, 2019
The EagleFX Beginners Guide – Financial Markets / Currencies / Forex Trading
By: Kavinesh_A
A financial market is a market where derivatives at low transaction costs, commodities, foreign exchange and financial securities (bonds, precious metals and stocks) are traded by people. In elementary terms, they can be described as markets where investors make money, companies reduce risks and businesses approach to raise funds for growth. Bonds and currency trading are done mainly on bilateral basis even though some trade on a stock exchange, also recently electronic systems are being built for stock exchange purposes.
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Tuesday, August 13, 2019
US Dollar Finally the Achillles Heel / Currencies / US Dollar
By: Jim_Willie_CB
All important factors are finally putting tremendous pressure on the USDollar. The weak economy will result in lower interest rates, thus more downward USD pressure. The enormous USGovt debt will result in further bond dumps in addition to trade settlement outside the USD, thus more downward pressure. The resentment for threatened hot wars, trade wars, economic sanctions, and SWIFT obstructions will result in amplified resentment. They will respond with a global boycott of the King Dollar, dumping of USTreasury Bonds, and thus more downward pressure. Worse, a global currency war might erupt in the very near future, which might have basis in competing interest rates from monetary policy in addition to competing bond yields. The remarkable fact that has come to the table in the last few weeks is that foreign sovereign bond offerings are having strong demand despite lower bond yields offered than USTreasurys. However, the USTreasury auctions are being gradually noticed as failures, despite higher bond yields offered. The message is crystal clear, that collateral for the huge debt is far more important than the carry, namely the bond yield. Finally the USGovt debt is being questioned, as it rises past the $22 trillion level, as the debt limit is suspended, and as the over $20 trillion in missing funds is publicized. The USGovt financial room is a recognized crime scene.
Monday, August 12, 2019
U.S. Currency Wars With China—Past And Present / Currencies / Currency War
By: Steve_H_Hanke
In a purely political move, the Trump administration (read: the U.S. Treasury) has branded China as a currency manipulator. This is an act of war. After President Trump announced that even more tariffs would be imposed on China, the markets took the value of the Chinese yuan down a notch or two. So, who was “manipulating” the yuan, Beijing or Washington? Well, it looks like Washington is engaging in yet another Asian currency war.
As it turns out, the United States has a long history of waging currency wars in Asia. We all know the sad case of Japan. The U.S. claimed that unfair Japanese trading practices were ballooning its bilateral trade deficit with Japan. To “correct” the so-called problem, the U.S. demanded that Japan adopt an ever-appreciating yen policy. The Japanese complied and the yen appreciated against the greenback from 360 in 1971 to 80 in 1995 (and 106, today). But, this didn't close the U.S. trade deficit with Japan. Indeed, Japan's contribution to the overall U.S. trade deficit reached almost 60% in 1991. And, if that wasn't enough, the yen's appreciation pushed Japan's economy into a deflationary quagmire.
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Friday, August 09, 2019
Bitcoin Price Triggers Ahead / Currencies / Bitcoin
By: Mike_McAra
With the stock market going down, Bitcoin is viewed as a safe haven asset. But is this story really important? We have a different factor to focus on.
Bitcoin goes up, the stock market goes down. This is the kind of story we have seen now. And it is an appealing one. In an article on the CNBC website, we read:
Bitcoin soared 9% on Monday, performing like a safe haven asset as it edged past $11,000 for the first time since around mid-July.
The price of the world’s largest cryptocurrency climbed as high as $11,860, according to CoinDesk data, hitting a more than 3-week high. Bitcoin’s value now accounts for nearly 70% of the global crypto market, according to CoinMarketCap.
Tuesday, August 06, 2019
Buy/Sell/Exchange 400+ Cryptocurrencies on CoinSwitch in 3 Clicks! / Currencies / Bitcoin
By: Ruchi_Mahajan
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Friday, August 02, 2019
Facebook Libra Is Nothing More than a Nice Idea / Currencies / BlockChain
By: John_Mauldin
What kind of money will we use in the future?
The answer might seem obvious: dollars, euros, yen, and other government-issued fiat currencies.
Most of us have never known anything else. Yet these currencies aren’t natural phenomena.
People created them. People can also abandon them for something else, just as they abandoned older currencies.
There are good reasons to think we could once again see some fiat currencies disappear. If so, what “something else” will be money in the future?
Friday, August 02, 2019
After Fed Disappoints, Will Trump Initiate Currency Intervention? / Currencies / US Dollar
By: MoneyMetals
Following months of cajoling by the White House, the Federal Reserve finally cut its benchmark interest rate. However, the reaction in equity and currency markets was not the one President Donald Trump wanted – or many traders anticipated.
The Trump administration wants the Fed to help drive the fiat U.S. dollar lower versus foreign currencies, especially those of major exporting countries.
Instead, the U.S. Dollar Index rallied throughout July ahead of the expected rate cut and continued rallying after Fed chairman Jerome Powell made it official on Wednesday.
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Friday, July 26, 2019
Bitcoin Wyckoff Accumulation Pattern / Currencies / Bitcoin
By: readtheticker
Many see a US recession in the first half of the 2020 decade. The first half of many previous decades suffered a recession, it is normal. But this time it may be different, well kinda different bad!
A reminder of US recessions in a first half of a decade: 1953, 1961, 1970-73, 1980-82, 1991, 2001-2002
Of course the 2007 to 2009 GFC was just short of a new decade. Yet the reader can see the trend of recessions in the first half of a decade is established, and not unusual.
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Wednesday, July 17, 2019
Bitcoin Is Far Too Risky for Most Investors / Currencies / Bitcoin
By: Robert_Ross
Bitcoin is a polarizing topic. Some economists think Bitcoin’s value should be $0. Others think it’s as revolutionary as the internet.
But one thing is certain: The price of Bitcoin is incredibly volatile. This makes it a non-starter for most income investors.
Fortunately, I’ve zeroed in on a company that actually benefits from Bitcoin’s volatility. It’s a safe and stable way to profit from Bitcoin without exposing yourself to a lot of risk.
But first, let’s take a closer look at Bitcoin’s wild price swings…
Wednesday, July 10, 2019
July 2019 GBPUSD Market Update and Outlook / Currencies / British Pound
By: Justin_Weinger
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Thursday, July 04, 2019
TiedCoin – Safe Haven amid a Cryptocurrency Storm / Currencies / BlockChain
By: Submissions
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Wednesday, July 03, 2019
Bitcoin or Gold: Which Is More Bigly Yuge To Own? / Currencies / Bitcoin
By: Avi_Gilburt
Recently, the Winklevoss twins (who founded the Gemini crypto exchange) coined Bitcoin as ‘Gold 2.0.’ To support their perspective, they cited Bitcoin’s scarcity, its fungibility and its portability as meeting or exceeding that of the yellow metal.
Greyscale Investments, the company that has brought crypto based trusts to the US OTC market, recently ran ads urging investors to drop gold as a relic of the past in favor of cryptocurrency, which is ‘secure’, borderless, and in their direct words, ‘actually has utility’.
It seems that there are more and more comparisons between Bitcoin and gold, but is one better to hold more so than the other? Well, to be honest, each has a different ultimate purpose for which each is better suited.
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Tuesday, July 02, 2019
Bitcoin Cycle Bullish / Currencies / Bitcoin
By: readtheticker
Dear Mr and Mrs Middle class you have been plucked and buttered ready for the oven of the next financial crisis.
Previous Posts, and notice the change in view due to bitcoin price strong move; The Coming Bitcoin Ambush , The Great Bitcoin Slide
The lessons of Cyprus should remind us all that the big losers during a banking crisis are the savers, and if a bank is currently deducting interest from your savings account (i.e negative interest rate) why would you keep money in a bank when recession risks grow. Banks go bust in a recession and bank bail ins are to be expected to be the norm during a crisis.
Sunday, June 30, 2019
US Dollar Breakdown Begins, Gold Price to Bolt Higher / Currencies / US Dollar
By: Jim_Willie_CB
A major breakdown is in progress for the USDollar index. It has broken its intermediate uptrend which began in April 2018. Eighteen months of official rate hikes and tremendous hidden activity with derivative bond purchases, which obscure the absent USTreasury Bond buyers, have finally weighed on the King Dollar. The USEconomy suffers from 20 key breakdown signals, about which the lapdog press refuses to report. The historical tightening has turned into a failed experiment, an attempt to return to normalcy when no such event can possibly occur. Ponzi Schemes cannot be gradually unwound. The USGovt debt has gone past $22 trillion. The USGovt deficit this year is set to surpass $1.3 trillion. The missing money volume for the USGovt, a fat pig exploited by various departments, is conservatively estimated at $21 trillion. The global bond market investors no longer expect the USGovt debt to be repaid, as a failure mindset has crept into the bond arena. Given the repeated treatment since 2008, with expansion, the USTreasury Bond has become the global subprime bond. Next comes the reversal of monetary policy, where the US Federal Reserve begins to do emergency rate cuts in sequence. Expect some big name corporations to be monetized. The USDollar will be harmed, Gold will surely rise, and Oil will likely fall. A very valid point must be made. In past financial crises, the United States drew $trillions in capital from foreign markets. Next the opposite will occur, as foreigners will remove $trillions from their US holdings in both stocks and bonds. The US will be left to defend itself with corrupt devices. Gold will respond.
Sunday, June 30, 2019
US Prepares for Currency War with China / Currencies / Currency War
By: Richard_Mills
The 1997 Asian Financial Crisis serves as a reminder of what happens when competing economies engage in a round of competitive currency devaluations.
The crisis began after impressive growth in the so-called tiger economies abruptly stopped, leading to stock market crashes and currencies losing about 70% of their value. The recession that followed lasted two years, during which time the IMF loaned South Korea, Indonesia and Thailand $110 billion. In exchange those countries had to adhere to strict austerity measures including higher taxes, reduced public spending, privatizations and higher interest rates, to cool their overheated economies resulting from the stimulus package. By 1999 growth returned, albeit with stock markets and currencies far below pre-1997 levels.
The currency meltdown was triggered by the default of a large property developer and a financial company in Thailand. When the Thai baht wasn’t able to maintain its peg to the US dollar, it was devalued and floated. Other Asian currencies soon followed, including the Malaysian ringgit, Indonesian rupiah and Singapore dollar.
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