Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Monday, August 20, 2007
China Prepares to Dump US Dollars / Currencies / US Dollar
By: David_Vaughn
The following is a good 6 dollar spike occurring in the middle of the week. Though too many are concerned with gold not breaking 700 already gold still continues to consolidate, gain steam, and become stronger still.
Now the title of this article is a pretty lofty accusation. We have heard this as a possibility countless, countless times but it has always been just a rumor. Is the possibility still just a rumor?
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Friday, August 17, 2007
Gold and Crude Oil - Real Money Measuring Real Value? / Currencies / US Dollar
By: Julian_DW_Phillips
In the face of gyrating currency markets it is difficult to get a real "price" on anything at the moment. We have often asked the question here, what is the price of gold? If it is $670 then we ask, what is the price of the $. Should the $ be valued in gold, the other way round to now? Well the same question should now be asked of oil. Why? Because the value of the $ is now subject to question internationally. Read full article... Read full article...
Tuesday, August 07, 2007
Making Sense of the Currency Market Turmoil / Currencies / Global Financial System
By: William_R_Thomson
How far will the US$ fall? Will yen 'carry trade' positions unwind swiftly? Experts give their take on these and related concerns
OVERVIEW
The combination of a sliding dollar, an unwinding of yen 'carry trades' (whereby yen are used to finance investment or speculation in higher- yielding currencies) and a credit crunch in US markets has sent financial markets reeling around the world. Volatility is back and global asset valuations are looking shaky.
The Business Times gathered together an impressive array of experts to discuss just how serious the situation is - and where investors should look for refuge in the storm.
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Thursday, August 02, 2007
US Dollar to Fall to 115.60 Japanese Yen by the End of August / Currencies / Japanese Yen
By: Ashraf_Laidi
The 48K seen in the ADP National Employment report on private payrolls for July, was well below expectations of 100K following 150K in June and 98 in May. Considering the ADP's 66% track in predicting the direction of (up or down) in private payrolls reported by the US Department of Labor, today's disappointing figure causes us to downgrade our forecast for non farm payrolls to 80K from June's 132K. Consensus of forecasts currently stands at 124K.
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Thursday, July 26, 2007
US Dollar Warning - This is going to dramatically affect you ... / Currencies / US Dollar
By: Money_and_Markets
Larry Edelson writes: By every measure under the sun, the dollar is getting creamed, just like I told you it would.
It recently hit a 25-year low against the British pound … a record low against the euro … a 12-year low against the Thai baht … and a seven-year low against a third-world currency, the Philippine peso.
In terms of overall international purchasing power, the dollar is now at its weakest level in decades.
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Thursday, July 26, 2007
Will the US Dollar Break Down? / Currencies / US Dollar
By: Brian_Bloom
For twenty five years (since 1982) I have held the view that the World's Central Banks operate in unison to ‘manage' the international markets in general and currency markets in particular. There was a short period after 1987 when, for a while, it looked like things might spiral out of control. On the day of the 1987 crash my attention was riveted to the computer screen. The Australian equity market took a 25% dive in about three hours. In the ensuing days and weeks I watched a parade of high profile captains of industry being rolled out in front of the TV cameras. To a man, they all said “No worries mate. She'll be right.”Read full article... Read full article...
Wednesday, July 25, 2007
Yen Rising and US Dollar Bottoming - Gold and Liquidity / Currencies / US Debt
By: Christopher_Laird
In the latest Prudent Squirrel newsletter, we discussed the fact that the Yen is rising and the USD appears to be bottoming. There are a slew of macroeconomic problems also developing for world markets that are heavily leveraged. A rising Yen was heavily involved in the late February global market sell off, and a bottoming or rising USD is precious metals and CRB bearish.Read full article... Read full article...
Tuesday, July 24, 2007
Currencies Do Not Float, They Sink at Different Rates - The Crack-up Boom Series Part VII / Currencies / Financial Crash
By: Ty_Andros
In This Issue
The Crack-up Boom Series, Part VII
Currencies Do Not Float, They Sink at Different Rates.
Foreword - For greater insight into our publication, have a look at the Overview of Tedbits . It helps current and potential subscribers understand our mission in serving you. It also gives a broad description of what's unfolding globally and what you can expect from Tedbits as a regular reader.
The Crack Up Boom series is exploring the unfolding “Indirect Exchange” (as detailed by Ludvig Von Mises), that dollar holders will be using to exit their holdings now and eventually is will be followed by all holders of fiat currency holdings no matter which country is perpetrating the “fraud” of confiscation of wealth through the printing and credit creation process that all such monetary schemes evolve into. The “Crack Up Boom” will drive an inflationary global expansion to inconceivable heights over the coming years.
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Monday, July 23, 2007
US Dollar Threatens to Break Key Support Level / Currencies / US Dollar
By: Donald_W_Dony
After over five years of relentless decline, the worlds reserve currency appears now set to break the last important price support of $0.80. This level has proven several times in the past to provide well-needed support whenever the dollar has reached that line. Since the 1980s, the dollar has hit $0.80 six times and then strongly bounced from that level. However, technical evidence now indicates that the Greenback is likely to penetrate this line-in-the-sand for the first time over the next few weeks.Read full article... Read full article...
Friday, July 20, 2007
Sorry Ben Bernanke, the Buck Stops with You / Currencies / US Dollar
By: Peter_Schiff
During his testimony before Congress this week, Ben Bernanke didn't hesitate to opine on a number of topics that had very little to do with his mandate as Fed Chairman. The wealth gap, racial factors in income inequality, and the impact of capital gains tax policy were all fair game. But when queried about the one issue where his impact is unrivaled, the value of the U.S. dollar, the Chairman quickly passed the buck to the Secretary of the Treasury. Conveniently, the Secretary was nowhere in sight.Read full article... Read full article...
Sunday, July 15, 2007
US Dollar at the Rubicon!... / Currencies / US Dollar
By: Clive_Maund
As many of you may recall, on the site we had earlier been wary of a substantial dollar rally, which was a big reason for fearing that a Double Top may be forming in gold and silver. However, the mounting evidence of an incubating major advance in the Precious Metals and PM stocks over the past few weeks, specifically signs of substantial accumulation of the larger PM stocks and the increasingly bullish COT profile of both gold and silver, have led us nevertheless to turn strongly bullish on the sector.Read full article... Read full article...
Sunday, July 15, 2007
US Dollar Expected to Grinds Its Way Towards a Bottom / Currencies / US Dollar
By: David_Petch
Hope everyone is having a better day than the US dollar is having. I expected the USD to remain within a wedge structure, but that pattern was invalidated as will be shown in the charts below. The USD is still developing a terminal impulse, but it is going to take on the appearance of a channel or an expanding wedge (if the USD goes below 79.5).
There is too much to lose if the USD is let to decline below 80.0 for an extended period of time, but I do expect 79.5, maybe even 79.0 to be briefly tested before starting the next move up in wave [C].x of the non-limiting triangle.
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Monday, July 09, 2007
Will Japan Destroy the yen to save the US Dollar? / Currencies / Japanese Yen
By: Peter_Schiff
As the Japanese government continues holding short-term interest rates near zero while printing yen like it is going out of style, getting out of the yen has now replaced pachinko as the national pastime for rank and file Japanese. With housewives and cab drivers debating the best techniques to exchange their yen savings for higher yielding non-yen assets, the Japanese monetary authorities are facing the prospect of the complete destruction of their own currency, subjecting their citizens to the horrors of hyperinflation.Read full article... Read full article...
Wednesday, July 04, 2007
US Dollar Dependence on the Fourth of July / Currencies / US Dollar
By: Adrian_Ash
"...Has the United States confused the cause and effect of monetary vs. military dominance? To mark Independence Day 2007, let's count the cost..."
ON THIS Fourth of July – and with the Dollar trading at a 26-year low against the British Pound – it's worth remembering that both Thomas Jefferson and George Washington implored the United States to avoid foreign entanglements.
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Tuesday, July 03, 2007
Global Exodus from the US Dollar is in Motion / Currencies / US Dollar
By: Gary_Dorsch
Trading in the arcane world of foreign exchange is often akin to judging a reverse beauty contest. The trick to profitable trading is to pick the least ugly currency. Nearly all fiat or paper currencies are ugly, because the 18 of the world's top-20 central banks are inflating the money supply at double digit rates. At the moment, the world's two ugliest currencies are the Japanese yen and the US dollar.The Bank of Japan pegs its overnight loan rate at just 0.50%, in a brazen effort to devalue the yen, to boost exports abroad, and prevent an abrupt unwinding of the mushrooming “yen carry” trade. Meanwhile the Federal Reserve is inflating its M3 money supply at a 13.7% annualized clip, according to private economists, which if correct, would be the fastest rate of expansion in more than 30-years.
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Thursday, June 21, 2007
Escape from the US Dollar! The Crack-up Boom Series - Part III / Currencies / US Dollar
By: Ty_Andros
The Crack-up Boom series is exploring the unfolding “Indirect Exchange” (as detailed by Ludvig von Mises), that dollar holders will be using now to exit their holdings and eventually will be followed by all holders of fiat currency holdings, no matter which country is perpetrating the “fraud” of confiscation of wealth through the printing and credit creation process that all such monetary schemes evolve into. The “Crack-up Boom” will drive an inflationary global expansion to inconceivable heights over the coming years. Asset prices will skyrocket as people do what they always do when threatened; they will modify their behavior and do the things necessary for “SELF PRESERVATION” of their families, countries, economies and their wealth. Let's take a look at von Mises' description of the CRACK-UP BOOM once again:Read full article... Read full article...
Saturday, June 16, 2007
US Push for China Currency Revalution - Be Careful What You Wish For / Currencies / China Currency Yuan
By: John_Mauldin
In this issue:
Be Careful What You Wish For
Is It Time for the Yuan to Rise?
A Tough Choice for China
Inflation is in the Eye of the Beholder
Summer Time and the Living is Easy
Be careful for what you wish, because you may get it, and sometimes as H. L. Mencken wrote, you get it good and hard. The collective brain deficit trust, otherwise known as the US Congress, wish for the Chinese to revalue their currency upwards. Today we look at why they may indeed get their wish and why it is not going to produce their desired results. We look at a possible connection between China and the recent and odd volatility in interest rates, connect the dots on inflation and the US economy.
Thursday, June 07, 2007
US Dollar, Gold , Interest Rates and Crude Oil - Four Sheets / Currencies / US Dollar
By: Jim_Willie_CB
An old expression is often used. Most people remain unaware of its origin. “Joe is three sheets to the wind!” means Joe is stinking drunk, smashed, plastered, intoxicated, inebriated, and who know? he might soon go meet Ralph out back (i.e. vomit). Several years ago, a learned man of letters explained to me the meaning of the phrase, which came from the world of sailing. If a sailor loses control of his sailboat, which could be from heavy imbibing of alcohol (or fishing or reading or man's favorite dance sport), the three main sails are let loose to the wind, flailing thrashing and whirling around, not pulling the boat.Read full article... Read full article...
Thursday, June 07, 2007
The Aussie Dollar Revisited / Currencies / Forex Trading
By: Mario_Innecco
Three months ago we wrote about the fact that the Aussie dollar had broken through a key technical level in an article entitled Is the Aussie Dollar Ready to Take a Big Hop? . Today as we write the currency from down under is making a seventeen-year high at $0.8476. The 1990 high was at $0.8405 and the next big target will be the 1989 high at $0.8905.
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Saturday, June 02, 2007
Technical Speculator - US Dollar Nearing the $0.80 barrier, Now What? / Currencies / US Dollar
By: Donald_W_Dony
In this months issue, the topics are:
- Currencies: Nearing the $0.80 barrier. Now what?
- Commodities: Slowly moving up in June
- Economy: Expanding on schedule
- Global equities: Possible short-term pullback
- Equities: Small dip within main up trend