Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.Wednesday, October 12, 2016
Major Factors Affecting Foreign Exchange Rates / Currencies / Forex Trading
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
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
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.
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Sunday, October 09, 2016
US Dollar Crawl / Currencies / US Dollar
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
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
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.
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Tuesday, October 04, 2016
The End of US Dollar Dominance? / Currencies / US Dollar
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.
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Wednesday, September 28, 2016
China’s International Renminbi Is Coming – Is Wall Street Ready? / Currencies / China Currency Yuan
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
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
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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Tuesday, September 27, 2016
Forex Trading: ECB Policy Could Weigh on Euro / Currencies / Forex Trading
easyMarkets writes: When the European Central Bank (ECB) held its monetary policy meeting on September 8th , it left all policy rates unchanged. The main refinancing interest rate, the marginal lending facility rate and the main deposit interest rate were kept steady at the current levels of 0.00%, 0.25%, and negative 0.40%, respectively. This will likely have a long-term impact on forex traders that have exposure in the EUR/USD as it ultimately indicates lower price valuations in the weeks and months ahead.
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Wednesday, September 21, 2016
Has the Silver Bullet Run Out of Fire Power? / Currencies / Gold and Silver 2016
Commodity prices and especially those of precious metals have been impressive this year. The price of Gold and that of Silver have rallied significantly since the start of the year and the current indicators seem to point towards a continuous rally for the rest of 2016, albeit at a slower rate.
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Monday, September 19, 2016
War on Cash Turns to $20, $50, and $100 Bills / Currencies / War on Cash
Harvard professor and economist Ken Rogoff is once again leading the chorus of high-level academics and officials who declare cash is only for criminals. He made his case in a recent Wall Street Journal editorial called the “Sinister Side of Cash.” The solution, he declares, is to simply get rid of anything but the smallest bank notes.
In his vision, drug dealers, human traffickers, and tax cheats are everywhere, but they are reliant on cash. Our benevolent central planners can largely incapacitate them by ridding society of anything larger than a $10 bill.
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Wednesday, September 14, 2016
A Common Sense Regulatory Framework for Digital Currency / Currencies / Bitcoin
John Dunham writes: The phrase, horror vacui, or nature abhors a vacuum, was attributed to Aristotle, who suggested that nature contains no vacuums because the denser surrounding material would immediately fill any void. This physical postulate is often applied to the idea of government regulation. If something is not regulated (or in many cases highly regulated) then it is indisputable that some government will step into the void. In the case of digital currency and/or cryptocurrency, the concept of horror vacui is in full swing as governments from the European Union to the United States to China are all proposing broad regulations on the development and operation of digital currency markets. This is on top of local court rulings, such as that made by a Miami-Dade Florida circuit court judge who ruled that Bitcoin was not a currency.
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Wednesday, September 14, 2016
Financial Intervention - The Monkey and The Fish / Currencies / Fiat Currency
“Kindly let me help you or you’ll drown, said the monkey to the fish as he placed him safely up the tree.” – Unknown
The financial system (mistaken for the economy) is so bloated with risk that any number of events could trigger an explosion that would reach much further than anyone could imagine – causing irreparable damage.
Because of the size and the massive dependence on the institutions (who have evolved like a cancer from big finance), the resulting carnage will reach out much further than the primary institutions.
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Tuesday, September 13, 2016
Bitcoin Price Back Down / Currencies / Bitcoin
In short: no speculative positions.
The current banking system is global, at least in theory, but it definitely seems that the term “global” does not actually apply to all parts of the payments space the way we would like it to. International wire transfers still tend to be slow and costly. It is perhaps irritating that sending an email takes seconds but sending $5 abroad is slow, expensive or altogether impossible. This is why companies like Western Union still charge hefty fees for overseas transfers. As it turns out, Bitcoin and other digital currencies might offer a way forward for making the remittance industry more accessible. On Quartz, we read:
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Friday, September 09, 2016
USD/JPY Could Be Supported by BOJ Policy Stance / Currencies / Japanese Yen
easyMarkets writes: When the Bank of Japan released its last monetary policy statement, many analysts expected that they would follow suit with Japanese Prime Minister Shinzo Abe and the rest of the Japanese government by releasing a large stimulus plan. Prime Minister Abe’s plan gave a 28 trillion yen stimulus plan to bolster the economy. However, the Bank of Japan did not follow suit. Instead, they decided on increasing dollar-lending and exchange traded fund purchases. Despite negative interest rates, no changes were made to the base interest rate or to the current bond-purchase program.
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Friday, September 09, 2016
2017 Will Be a Good Year for the US Dollar / Currencies / US Dollar
BY JARED DILLIAN : If you go back to the 1990s, during the Clinton years, the US followed an explicit strong dollar policy. Every time you got Treasury Secretary Robert Rubin in front of a microphone, he said the US had a strong dollar policy.
And guess what? The dollar was strong.
What are the benefits of a strong dollar?
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Saturday, August 27, 2016
Bitcoin Is Just a Bit Player / Currencies / Bitcoin
Over the last few years, so-called "crypto-currencies" – digital equivalents of a monetary exchange unit, have been all the rage. The most well-known in the category, Bitcoin, has had quite a run.
Starting out as a "virtual penny stock" it rose in 2014 to the elevated height of $1,150, before crashing back to earth. This "electronic currency" is created and stored in a computerized "wallet." Purchases and sales are made via a "blockchain" which keeps a memory of every transaction conducted. Private keys (supposedly) provide assurance that a Bitcoin holder's account is safe.
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Friday, August 26, 2016
EUR-USD pattern still on track / Currencies / Euro
The Euro has spent the last year consolidating against the US Dollar, however it appears as though this long consolidation was just a breather in a longer term down trend. Our updated daily forecast pattern below, shows how we think this consolidation will end during the next few months.
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