Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, November 21, 2008
U.S. Dollar Technical Analysis and Forecast / Currencies / US Dollar
By: Joseph_Russo
Casting aside fundamental arguments relative to the long-term viability of un-backed fiat currency, we turn our focus to a purely technical assessment of the past 8-years of price data for the US dollar index.
Technical Tools used in our assessment are the following:
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Thursday, November 20, 2008
Seasonal Currency Reversals and Implications of Zero Fed Interest Rates / Currencies / Forex Trading
By: Ashraf_Laidi
Although currencies ended up adopting their usual path of following the swings in risk appetite, it's worth explaining Wednesday's earlier spikes in EURUSD and GBPUSD. The moves were a result of broad dollar selling (also seen in a $25 rally jump in gold) on reports that Iran was pushing ahead with its nuclear program. The International Atomic Energy Agency found stated an increasing build up of enriched uranium stockpiles, which could be converted into weapons-grade material. Read full article... Read full article...
Monday, November 17, 2008
U.S. Dollar Bullish Worlds Reserve Currency Dynamics / Currencies / US Dollar
By: Money_and_Markets
Jack Crooks writes: It's times like these when I'm really glad that I haven't devoted myself to trading in the stock and commodities market. Sure there's money to be made, even on the downside.
However, the dynamics of the currency market are far more appealing to me … especially at a time like now when good companies and bad companies are tossed into the same rinse cycle and hung out to dry by fiscal and monetary policy decision-makers.
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Friday, November 14, 2008
The G-20's Secret Credit Crash Debt Solution / Currencies / Global Financial System
By: Money_and_Markets
Larry Edelson writes: If you think this weekend's G-20 meetings in Washington are only about designing short-term fixes to the financial system and regulatory reforms for banks, hedge funds, brokers, mortgage companies and investment banks … think again.
Behind the scenes, a far more fundamental fix is being discussed — the possible revaluation of gold and the birth of an entirely new monetary system.
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Friday, November 14, 2008
U.S. Dollar Rallies Due to Global Destruction of Fiat Currencies / Currencies / Fiat Currency
By: Andy_Sutton
While at first glance it might appear that this missive would be about global equity markets, such is not the case. However, it might as well be. With bad economic news rolling off the presses daily, equity markets have taken quite a tumble recently albeit in much quieter a fashion than in late September and early October. It is a pretty good bet that the combination of 516,000 first time unemployment claims this past week coupled with a 2.8% drop in retail sales in October won't help matters much. Read full article... Read full article...
Thursday, November 13, 2008
The US Dollar Has Got To Go! / Currencies / US Dollar
By: Chris_Galakoutis
It is clear that the United States has relied on a continuous cycle of debt growth to fuel its economy. The engine of the US economy has been the US consumer, and consumer debt had to expand at a rate that far outpaced negligible consumer income growth in order for the US economy to continue to “grow.”Read full article... Read full article...
Monday, November 10, 2008
Icelands Currency Collapse Impact on Icelanders / Currencies / Financial Crash
By: David_Haas
I've been watching for an “on the street” report to bring to your attention what can happen to the citizens of a country whose currency is failing. As fate would have it, an exceptionally good story has finally shown up. We should all take this opportunity to learn from this chance insight into exactly what happens in the lives of people who must go through this rapid form of systemic financial break-down. Wherever you are around the world, you never know when this knowledge might come in handy in your own country.Read full article... Read full article...
Sunday, November 09, 2008
Jump on Board the Global Capital Stampede to the Japanese Yen / Currencies / Japanese Yen
By: Money_and_Markets
Jack Crooks writes: Last year I dedicated several Money and Markets columns solely to my expectations for the Japanese yen carry trade to unwind. But since that trend took a breather in the middle of this year, I haven't been keeping you up to speed.
Let me get you caught up today.
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Friday, November 07, 2008
How to Survive the Coming US Dollar Collapse / Currencies / US Dollar
By: Christopher_Laird
Now that the US election is over, we get to think about the Future. And, no matter how you look at it, the entire world, the West particularly, is in for tough sledding financially.
First, we will continue to battle an emerging economic slowdown. Then, later, we will be battling world currency instability – we already have signs of this now.
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Thursday, November 06, 2008
British Pound Weakens Ahead of Interest Rate Cut / Currencies / British Pound
By: Nadeem_Walayat
Sterling weakened from yesterdays level of £/$1.61 trading down to £/$1.59 ahead of today's anticipated rate cut which earlier analysis suggested could be as much as 1%. However the Pound is extremely oversold following its 25% crash from the high of £/$2.11 all the way to £/$1.53, this suggests that even a 1% cut would result in limited downside action until sterling has managed to work out its oversold state.Read full article... Read full article...
Saturday, November 01, 2008
Toxic Emerging Economies Boost U.S. Dollar Safe-haven Demand / Currencies / US Dollar
By: Money_and_Markets
Jack Crooks writes: An advance report of third-quarter U.S. GDP showed a decline of 0.3%. That's awfully pathetic, right? But not quite as pathetic as the 0.5% that was anticipated …
Still, there's no denying that a GDP contraction of any amount is unappealing. And when it comes to many of the recent U.S. economic indicators, most everything's been unappealing … if not downright ugly.
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Friday, October 31, 2008
Bankrupt United States Will Reverse Recent Dollar Trend / Currencies / US Dollar
By: Peter_Schiff
When inexplicable events perplexed our early forbears, village wise men concocted elaborate and colorful explanations to soothe the populace. Earthquakes, hailstorms, and solar eclipses were all ascribed to root causes that made sense to the villagers and increased the esteem of the story tellers. The recent, unexpected surge of the U.S. dollar has led many Wall Street witch doctors to conjure a series of logic-defying tales to give reason to what is surely the random scramble of a confused herd. Wall Street spun similar yarns during the dot.com and real estate bubbles as investors groped for reasons to justify sky high prices. Read full article... Read full article...
Wednesday, October 29, 2008
Crooked Central Bank Plumbing the Depths of Depravity / Currencies / Central Banks
By: Rob_Kirby
First, for a bit of historical context, a little bit of fact-finding pertaining to Henry Paulson, complements of my friend, Jesse :
“I didn't know he was a member of the Nixon White House as his first 'real job.'
In 1970, fresh from the Masters program of the Harvard Business School , Paulson entered the Nixon administration, working first as staff assistant to the assistant secretary of defense.
Tuesday, October 28, 2008
Chinese Yuan the Worlds New Reserve Currency? / Currencies / China Currency Yuan
By: Mike_Whitney
Things are getting worse. On Friday morning, futures trading was halted for the first time ever after futures plunged more than 5 percent. The sell-off came after another 500-plus down day on the Dow followed by steep declines in equities markets across Europe and Asia. Japan's benchmark index, the Nikkei, slipped more than 9.5 percent after Toyota and Samsung reported disappointing earnings. The news was equally bad in Europe where shares were battered across the continent on fears of a global recession.Read full article... Read full article...
Tuesday, October 28, 2008
U.S. Dollar Has Entered a Multi-year Bull Market / Currencies / US Dollar
By: Money_and_Markets
Jack Crooks writes: It's a popular notion when the financial winds are blowing unfavorably:
Money is being printed uncontrollably … inflation is the only option … fiat currencies are doomed.
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Tuesday, October 28, 2008
Why Gold Price Rise Will Trigger U.S. Dollar Collapse / Currencies / US Dollar
By: Eric_deCarbonnel
For the last few years, the dollar has been in a bear market due to the horrible fundamentals backing the currency (the huge debt mountain, unfunded liabilities in the tens of trillions, rampant money printing by the central bank, and the huge federal budget deficit). However, in the last three months the US dollar has diverged from its fundamentals and rallied due to investors fears about deflation.Read full article... Read full article...
Sunday, October 26, 2008
U.S. Dollar Bull Market Update / Currencies / US Dollar
By: Nadeem_Walayat
The role of the U.S. Dollar as the worlds reserve currency kicked into gear this past week which accelerated the up trend of the US Dollar towards its initial forecast target of USD 90 as per the analysis of mid August 08 which was made against the overwhelming consensuses at the time that basically viewed an imminent collapse of n the US Dollar. Which despite the exceptionally strong rally to date that consensus more or less remains in tact today, where still the vast majority of views remain that the Dollar's rally as temporary in advance of a much greater and near imminent collapse.Read full article... Read full article...
Saturday, October 25, 2008
U.S. Dollar and the Flying Bankers / Currencies / US Dollar
By: Joe_Gelet
The heart of the crisis is very simple: banks won't lend. Why they won't lend is irrelevant, the solution is so simple it seems too good to be true: force banks to lend. The modern economy functions on credit; exporters sell to foreign buyers using complex Letters of Credit packed with shipping insurance, small businesses depend on rotating credit lines to purchase inventory they sell to the consumer. Mostly working on small margins, these businesses depend heavily on credit to stay afloat; even a short disruption in their lending activities would literally bankrupt them. This has already started happening, and the banks are sitting on the sidelines. The simple, clear solution is to force banks to lend, by any means. Giving banks more money is not helping, they already have plenty of money, the problem is not that banks are undercapitalized it is that they will not lend.
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Friday, October 24, 2008
Exploding Debt Dynamics: Argentia and the U.S. Dollar's Fate / Currencies / US Dollar
By: Justice_Litle
Whither the dollar and gold? To answer that long-awaited inquiry – which will take some time to cover in full – let's start by getting a handle on “exploding debt dynamics.” Cartoonish as it sounds, it's a real term that IMF economists use.
If, like me, the phrase gives you visions of Wile E. Coyote blowing himself up with a box of ACME brand dynamite, you aren't too far off.
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Friday, October 24, 2008
British Pound Crashes on GDP 0.5% Contraction / Currencies / British Pound
By: Nadeem_Walayat
The British Pound Crashed following the worse than expected GDP data that showed that the UK economy contracted by 0.5% in the third quarter which was against consensus forecasts of 0.2% and the Market Oracle forecast for a 0.3% drop. Anything worse than 0.3% was expected to lead to panic selling of sterling which is what transpired. The British Pound fell from an already depressed level of £/$1.61 all the way to £/$ 1.5250 a drop of more than 8 cents which represents the largest intra-day drop since exchange rates started to float freely following the collapse of the Bretton Woods system in 1971 due to trade imbalance strains. Read full article... Read full article...