Category: US Dollar
The analysis published under this category are as follows.Thursday, June 02, 2011
Where Were You the Day the U.S. Dollar Died? / Currencies / US Dollar
Martin Hutchinson writes: I've dubbed this the "pesofication" of the U.S. dollar.
But we're really talking here about the dollar's long-term demise.
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Thursday, June 02, 2011
Russia’s Interest Rate Hike is Negative for US Dollar / Interest-Rates / US Dollar
While the US markets were closed to observe Memorial Day, Russia’s central bank acted to raise interest rates to cool inflation. This may have ordinarily registered as a normal event for a central bank, but nothing is normal when the US central bank, the Federal Reserve, refuses to hike rates in the United States.
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Friday, May 20, 2011
U.S. Dollar Index Reversal Signs / Currencies / US Dollar
The 2011 downleg in the US Dollar Index recently violated the 2009 low but has held above the more major 2008 low, finding support on the long term chart and producing an initial reversal sign too.
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Tuesday, May 17, 2011
U.S. Dollar Bull Monkey Dance Will End Badly, with a QE3 party? / Currencies / US Dollar
Interesting to watch all of the Silver and Gold Bears running out into the streets from their caves beating their chests due to the silver shellacking we just saw. Getting jiggy with the US Dollar rally is all the rage right now, and stomping on the precious metals Bulls is the hot sport. The only problem is calling for a crash after a crash is kind of like picking the winner of the NCAA tournament at your office the day after the tournament ends. It's rare to get a crash on top of a crash, and trying to predict any crash is a fool's game anyways.
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Monday, May 16, 2011
Obama Kills Osama After the Bernank Spoke, US Dollar Bubble Bursts Trending Towards USD69 / News_Letter / US Dollar
The Market Oracle NewsletterMay 3rd, 2011 Issue #9 Vol. 5
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Friday, May 13, 2011
What Drives the U.S. Dollar? / Currencies / US Dollar
The Dollar staged a lightening recovery towards the end of last week, especially against the Euro, driven by three main events:
- Anxieties about the Euro zone Sovereign debt crisis intensified as speculation continued to grow that Greece might yet be forced to restructure her debts,
- The ECB held interest rates unchanged, with Trichet failing to provide guidance about the timing of any future rate increase, and
- Anxieties emerged about the health and durability of the Global recovery.
Thursday, May 12, 2011
U.S. Dollar Transision From Bear to Bull Complete / Currencies / US Dollar
Despite my bias to see new all time lows in the dollar index, I think the dollar probably put in the three year cycle low last week. Sentiment at the time had reached multi-year lows and as of yesterday the dollar had moved back above the 50 day moving average.
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Thursday, May 12, 2011
Countertrend Moves In U.S. Dollar, Gold and Silver / Currencies / US Dollar
The US dollar has been reacting very bullish to the death of Osama bin Laden, the figurehead of Al Qaeda. Short-term investors have shown a renewed interest in the US dollar (UUP) as near-term resistance and the 50-day moving average have broken to the upside. Word has spread that this has been a critical blow to the Al Qaeda network, but countries are preparing for retaliatory attacks.Read full article... Read full article...
Wednesday, May 11, 2011
Gold and the Dead Cat U.S. Dollar Bounce / Currencies / US Dollar
This is a classic dead cat bounce by the US Dollar as it appears to fight desperately to avoid dropping below the much watched ‘72′ level. We say fight, but the real situation is not a fight at all, its a managed decline by the United States to lower the value of their currency and ultimately inflate away the mountain of debt that it realizes is impossible to ever re-pay.
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Tuesday, May 10, 2011
Why the U.S. Dollar is Ready to Rebound, Anatomy of an Inflection Point / Currencies / US Dollar
Jack Barnes writes: For most of the past year, anything involving the U.S. dollar has been what traders like to refer to as a "one-way trade."
And with good reason: Over the past year, the U.S. currency has traded in only one direction - down.
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Friday, May 06, 2011
U.S. Dollar Bear Market Rallies, Stocks and Commodities / Currencies / US Dollar
The beleaguered US dollar has certainly challenged silver’s crown of being the most-one-sided trade lately. The bearishness and pessimism plaguing the world’s reserve currency is overwhelming and universal, with nearly everyone convinced the US dollar is ready to fall off a cliff. But it is psychological conditions just like today’s that birth mighty bear-market rallies, with widespread implications for traders.
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Friday, May 06, 2011
U.S. Dollar Rallys Sharply After ECB Backs Off From Interest Rate Rise / Currencies / US Dollar
ECB President Jean-Claude Trichet has backed off his usual way of signaling a rate hike, which is to use the phrase "strong vigilance". Instead, Trichet said today "the ECB will monitor inflation risks very closely".
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Thursday, May 05, 2011
U.S. Faces Dollar Decline as China Grows / Currencies / US Dollar
According to a new statement from the International Monetary Fund, the United States will be the world’s leading economy for four more years, at which point China will overtake the US in total annual production of goods and services. While economists can and have expressed their doubts about how this plays into the world economy going forward, most everyone can agree that this news is not a positive release for the United States, nor the US dollar.
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Tuesday, May 03, 2011
U.S. Dollar, It’s Payback Time! / Currencies / US Dollar
It’s payback time for Ben Bernanke, the chairman of the Federal Reserve (Fed). In some ways, this should neither surprise, nor scare anyone. Unfortunately, however, it might do both.
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Saturday, April 30, 2011
Plummeting US Dollar: The Age of America is Over / Currencies / US Dollar
Today the Swiss franc made yet another new high against the super dollar, as it has been doing for 120 days. What you are reading in the graphs is less and less of the foreign currency that one dollar can buy. Of course, gold and silver also consistently hit new highs.
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Wednesday, April 27, 2011
Bernanke Dollar Bottom or Crash! / Currencies / US Dollar
Today's FOMC meeting and press conference has the potential to either put in a daily cycle bottom in the dollar index or initiate a waterfall decline into the dollar's three year cycle low. There is a lot riding on this meeting.
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Wednesday, April 27, 2011
Threats to US Dollar Reserve Currency Status: No Country Really Wants It! / Currencies / US Dollar
In spite of all the hype regarding the Yuan as a reserve currency I have stated many times recently that discussion of the Yuan as a reserve currency is nothing but ridiculous hype.
Wednesday, April 27, 2011
The Falling U.S. Dollar ... Is it a Good or Bad Event? / Currencies / US Dollar
A dropping Dollar is considered an advantage for U.S. firms that trade internationally.
But, could a falling Dollar turn into a U.S. confidence crisis?
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Tuesday, April 26, 2011
CADUSD, Canadian Dollar Elliott Wave Analysis Update / Currencies / US Dollar
In December, we posted a write up on the CADUSD.
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Tuesday, April 26, 2011
The Federal Reserve Note is Dead, Long Live the U.S. Dollar / Currencies / US Dollar
In 1520, Count Hieronymus Schlick of Bohemia began minting silver coins known as Joachimsthalers, named for Joachimstal (today called Jáchymov in the Czech Republic), where the silver was mined. In German, thal or tal refers to a valley or dale. Therefore, translated, the coins meant "Jachymov Valley". His "Joachimsthaler" was later shortened in common usage to taler or thaler and this shortened word eventually found its way into English as dollar.
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