Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Wednesday, November 16, 2016
The War On Cash Goes Nuclear In India, Australia and Across The World / Currencies / War on Cash
By: Jeff_Berwick
We are living in a world where paper fiat money is becoming a novelty.
In Australia, Citibank has just become the first to declare that it no longer will accept notes or coins. Only digital transactions. This follows on the heels of India banning large cash denominations.
The cash-oriented changes of these two countries are especially troubling in light of the eventual plans to phase out large denomination euro notes and the US 100 dollar bill by 2018. Just as the Economist predicted nearly 30 years ago, the world is going cashless.
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Tuesday, November 08, 2016
The Yen is Expected To Benefit From US Dollar Uncertainty Over Election Week / Currencies / Japanese Yen
By: Submissions
Adam Teen writes: The US dollar enters a crucial week against its rivals, including the Japanese Yen, as the volatile sessions are expected because the USA is officially going into polls on Tuesday 8th.
Strong economic performance data released over the past week did not quite convince investors that it is safe to hold the green buck over the next few sessions.
Monday, November 07, 2016
Time To Short the U.S. Dollar? / Currencies / US Dollar
By: Chris_Vermeulen
The dollar rally has been led in hopes of the FED tightening rates in December of 2016. While most of the other developed nations are still struggling with low inflation, the U.S.Government provided data that has been largely supportive of a rate hike.
The sharp rise in the dollar had taken it to extreme levels against the EURO, as shown in the Bloomberg chart below.The reversal was due, as evidenced by the RSI, however, the fall has been more vicious and looks like a correction, rather than a mere pullback.
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Saturday, November 05, 2016
Bitcoin Trading Alert: Bitcoin at Long-term Resistance / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
Bitcoin is now getting more attention as the currency has shot up in the last couple of weeks. In an article on Bloomberg,we read:
It's happening again. Bitcoin has locked step with gold and taken to the skies as uncertainty about the U.S. election increases volatility in global markets. It is, in short, acting as a haven.
(…)
Aside from facing obsolescence and the threat of competing with actual currencies, the volatility of Bitcoin has to be off-putting for serious investors. During any given period, the digital currency swings three to five times more violently than gold, hardly the behavior expected from a haven asset.
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Wednesday, November 02, 2016
Bitcoin Price Soars on Its Eighth Birthday / Currencies / Bitcoin
By: Jeff_Berwick
As of yesterday it was eight years to the day since Bitcoin’s initial white paper was posted to the internet.
And what a birthday party it had, soaring from $614 on October 1st to around $728 today with gold and silver also rocketing higher, with silver up more than 3% today.
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Wednesday, November 02, 2016
Forex Trading - USD/CHF Declines Sharply / Currencies / Forex Trading
By: Nadia_Simmons
Although the Institute for Supply Management showed that its manufacturing purchasing managers' index increased to 51.9 in Oct, the USD Index moved sharply lower. As a result, the greenback declined significantly against the Swiss franc. What does it mean for USD/CHF?
In our opinion, the following forex trading positions are justified – summary:
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Thursday, October 27, 2016
The Twists and Turns of the Greenback / Currencies / US Dollar
By: Steve_H_Hanke
At a monetary conference in Vienna back in 2014, the distinguished Frenchman, friend, and occasional collaborator Jacques de Larosière proclaimed that the current world monetary order should be termed an “anti-system.” He has a point – an important point. Among other things, such an anti-system invites an enormous amount of instability, as well as uninformed loose talk that influences public opinion and policy.Read full article... Read full article...
Monday, October 24, 2016
Is China About to Go “Scorched Earth” on the US Dollar? / Currencies / US Dollar
By: Graham_Summers
China’s currency, the Chinese Yuan, remains pegged to the US Dollar. So when the US Dollar strengthens, the Chinese Yuan strengthens to.
For an economy as rife with garbage debt as China (shadow banking debt is over 200% of GDP), this is a DISASTER.
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Tuesday, October 18, 2016
Euro “Will Collapse” – Is “House of Cards” Warns Founder of Euro / Currencies / Euro
By: GoldCore
The Euro “will collapse” as it is a”house of cards” warned Otmar Issing, the founder and creator of the euro in an extraordinary interview on Monday.
In the explosive interview with the journal Central Banking, Professor Issing, said “one day, the house of cards will collapse” as the European Central Bank (ECB) is becoming dangerously over-extended and the whole euro project is unworkable in its current form.
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Friday, October 14, 2016
Could Nigeria Become Africa’s Offshore China RMB Hub? / Currencies / China Currency Yuan
By: Dan_Steinbock
On October 1, the Chinese renminbi officially joins becomes the fifth international reserve currency. Over time, Nigeria stands to benefit from RMB’s rising international role.On October 1, 2016, the Chinese renminbi (RMB) will officially join the International Monetary Fund’s (IMF) international reserve assets; that is, the SDR (Special Drawing Rights) basket. From the perspective of the IMF, this is recognition of China’s success in opening up its markets.
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Wednesday, October 12, 2016
Major Factors Affecting Foreign Exchange Rates / Currencies / Forex Trading
By: Submissions
Daffa Zaky writes: Foreign exchange is a global market where trading of currencies is done all round the clock. The rate at which these currencies are exchanged (Forex rate) is very important. This is because it is used to determine economic status or growth of a particular country in comparison to other countries. The foreign exchange rate is usually monitored and constantly evaluated because it’s a key determining factor for a country’s economic stability. People who send and receive money from abroad have to constantly monitor the exchange rate so as to know the appropriate time to do so.
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Wednesday, October 12, 2016
And You Thought the Silver Market was Rigged / Currencies / Fiat Currency
By: Dr_Jeff_Lewis
We live in a world where the yield-starved and tech-savvy conspire in the basement of the underground and unaccounted. While the rise of Bitcoin and the explosion of alternative currencies may become the new scapegoat of behavioral finance, there is nothing quite like the reality of trickle down finance gone wrong.
Recently, EU officials called for putting safeguards on Internet currency.
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Monday, October 10, 2016
UK and Forex Markets – Trading in GBP / Currencies / British Pound
By: ....
Forex (short for foreign exchange) trading is a speculative option that has increased in attractiveness over the past few years. Forex brokers offer trading that comes free of commission, and with the chance of making massive gains. It's easy to get going with trading, and forex markets do not have the same negative reputation as some other markets, such as binary options.
Sunday, October 09, 2016
US Dollar Crawl / Currencies / US Dollar
By: Gary_Savage
The US Dollar has been crawling along its rising 110 weekly moving average. This is not a bullish pattern and suggests a fall down to the US Dollar’s next lower support zone.
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Friday, October 07, 2016
Sterling Flash Crash Last Night? / Currencies / British Pound
By: Marty_Chenard
Remember flash crashes?
Well, one showed up last night with the Sterling dropping about 10% and then recouping to about a 2% drop.
Here is the question ... Was it really a flash crash or a real exodus out of the Sterling? (In other words, was it a computer trading issue or a trader issue?)
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Friday, October 07, 2016
British Pound Sterling Flash Crash and the Rise of Machine Intelligence (AI) / Currencies / British Pound
By: Nadeem_Walayat
Apparently a computer algorithm (dumb AI) crashed sterling during the night, dropping it by about 10% before it mostly recovered but still remains 2% down from where it started. Whilst the media is focused on which person or group of persons could be behind the flash crash, however all are failing to comprehend the bigger picture of what this and other flash crashes represent, computer algorithms / AI's with the ability to bring our civilisation to a juddering halt literally within minutes as my forth coming series of videos on AI mega-trend investing will seek to illuminate how to profit form, because dumb AI's will within a matter of a few short years be starting to exceed human intelligence.
Tuesday, October 04, 2016
The End of US Dollar Dominance? / Currencies / US Dollar
By: Axel_Merk
The end of U.S. dollar dominance may be unfolding in front of our eyes. No, we don't think China's ascent is the key threat; instead, key to understanding the U.S. dollar may be to understand the money market fund you might hold. Let me explain what's unfolding in front of our eyes, and what it might mean for the U.S. dollar and global markets.
Wednesday, September 28, 2016
China’s International Renminbi Is Coming – Is Wall Street Ready? / Currencies / China Currency Yuan
By: Dan_Steinbock
On October 1, 2016, the Chinese renminbi (RMB) will officially join the International Monetary Fund’s (IMF) international reserve assets; that is, the SDR (Special Drawing Rights) basket. From the perspective of the IMF, this is a ready affirmation of China’s success in opening up its markets. The inclusion of the renminbi into the ranks of the most important international currencies codifies the acceleration of bilateral and multilateral RMB transactions worldwide.Read full article... Read full article...
Wednesday, September 28, 2016
The Federal Reserve Note "Dollar" Is Indeed Dying, but Not Next Week / Currencies / Fiat Currency
By: MoneyMetals
Some say the U.S. dollar may die 5 days hence. The Chinese renminbi will kill it. Much is being made of plans by the International Monetary Fund (IMF) to add the renminbi to its basket of strategic reserve currencies called Special Drawing Rights (SDR). The IMF will make the change on October 1. While the implications for the Federal Reserve Note, currently the U.S. dollar, as the world’s primary reserve currency may be profound over time and the importance of this even should not be overlooked, the impact is unlikely to happen overnight.
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Tuesday, September 27, 2016
Bitcoin Trading Alert: Starting Point of Decline Not Far? / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
The treatment of Bitcoin by asset management firms is slowly changing. The digital currency is by no means as popular as traditional assets, however, investment companies sometimes approach Bitcoin as a new asset class, one that might be on its way to maturity. Money Morning cites a report on Bitcoin by Needham & Co.:
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