Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.Monday, January 27, 2014
America's Biggest Bank Wants In on Bitcoins / Currencies / Bitcoin
Peter Krauth writes: As we know, most fiscal history has been dominated by a web of central banks.
The central banks are in a race to debase, a trend that's rapidly accelerated over the past decade.
There's a lot of money to be made by issuing money.
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Monday, January 27, 2014
Is the Canadian Dollar This Currency Losing Its “Safe” Status? / Currencies / Canadian $
Mohammad Zulfiqar writes: Not too long ago, I wrote about an economic slowdown in the Canadian economy and how it could take the value of the Canadian dollar even lower. (Read “How American Investors Can Profit from the Canadian Economy’s Demise.”) By no surprise, the Canadian dollar (also referred to as the “loonie”) looks to be in a freefall. Take a look at the following chart.
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Saturday, January 25, 2014
Currency Wars Massacre in Emerging Markets, Venezuela, Argentina, Turkey... / Currencies / Currency War
By Pater Tenebrarum of Acting Man : Both Venezuela (socialist worker's paradise) and Argentina (nationalist socialist paradise) have a problem with their foreign exchange reserves. In both cases it stems from trying to keep up the pretense that their currencies are worth more than they really are. The central banks of both countries are (and have been for some time) printing money like crazy, and inflation is galloping with gay abandon. Their governments publish misleading economic statistics, that inter alia attempt to hide the true extent of the monetary debasement – in short, their inflation statistics are even more bogus than those of other governments (we are leaving aside here that the mythical 'general price level' cannot really be measured anyway).
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Tuesday, January 21, 2014
The Golden China Yuan Currency Is Coming – Here's How to Play It / Currencies / China Currency Yuan
Peter Krauth writes: The U.S. dollar has been the world's de facto reserve currency for almost 90 years.
But this financial dominance may be nearing its end.
In recent years, China's been floating the idea the yuan should take on the dollar's role as the world's reserve currency.
In fact, the Chinese have already negotiated numerous bilateral trade deals that completely bypass it.
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Friday, January 17, 2014
U.S. Dollar Looks Bullish / Currencies / US Dollar
USD Index Weekly
Dollar Index is slow choppy and overlapping within two contracting trendlines for the last few years which we think it represents a triangle pattern, most likely placed in wave B) position. The reason is a five wave rally in wave A) from 2008 low which is first leg of a three wave A)-B)-C) recovery. As such, we will be looking up in wave C) after a completion of a triangle pattern. For now that's not the case yet, as we will need waves D and E before we may turn immediately bullish. In the next few weeks we however expect move up in wave D up to the upper trendline of the pattern.
Thursday, January 16, 2014
Bitcoin Is Defeating Governments and Making Investors Rich / Currencies / Bitcoin
Michael A. Robinson writes: The world's two fastest-growing economies came down hard on Bitcoin in recent weeks.
Dips followed, but ultimately the virtual currency began to slough off the news and continued to gravitate toward a loose, but tightening, trading range.
And as a former senior advisor to a Silicon Valley venture capital firm, I've seen a lot of opportunities to make a killing on technology over the years.
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Tuesday, January 14, 2014
U.S. Dollar, Currencies and Gold Outlook 2014 / Currencies / US Dollar
Rarely has the future been so clear. Really?? A lot of money has been lost jumping on the bandwagon. Let’s do a common sense check on the greenback to gauge where risks might be lurking and where there might be profit opportunities for investors.
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Monday, January 13, 2014
GBP USD Bearish Reversal / Currencies / British Pound
GBPUSD found some resistance recently around 1.6600 figure where we think that pair will form a top even if just temporary. Our primary count suggests that GBPUSD will fall in impulsive fashion because of a big picture with a bearish triangle. But for this confirmed scenario we need an impulsive sell-off back to 1.5500. For us the most important is probability on short-term swings. As such, we are also tracking the second wave count, which is different on a big scale but same on the short-term. We see a completed five waves up that now suggests a three wave retracement back to 1.5900. As such, it seems that GBPUSD will be weakening in the next few weeks.
Sunday, January 12, 2014
GBP/EUR The Currency Pair to Watch for in 2014? / Currencies / British Pound
Liron Levy writes: It is crystal clear that employment is the economic sector that appears to drive the currency exchange market. No country or economic zone is today boasting that they are out of the woods as to the 2008 global recession. However, the GBP is benefiting from current figures that continue to confirm a strong ongoing improvement in the employment sector. The jobs picture in the UK exhibits falling unemployment, along with a seventh consecutive month of healthy increases in hiring.
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Friday, January 10, 2014
The Parameters of the Coming U.S. Dollar Collapse / Currencies / US Dollar
Hyperinflation is a dynamic process - much like a positive feedback loop that, once entered, is almost impossible to exit. The process can go on for years. In the feedback cycle, the more central banks print money and buy bonds, the less other entities want to hold bonds.Simultaneously, the less others choose to hold bonds, the more the central bank is forced to buy so that the government has enough money to spend.
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Wednesday, January 08, 2014
Reasons Why The U.S. Government Is Destroying The Dollar / Currencies / US Dollar
Overview
The United States government has six interrelated motivations for destroying the value of the dollar:
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Creating money out of thin air on a massive basis is all that stands between the current state of hidden depression, and overt depression with unemployment levels potentially rivaling those seen in the Great Depression of the 1930s.
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It is the most effective way to not just pay down current crushing debt levels using devalued dollars, but also to deal with the rapidly approaching massive generational crisis of paying for Boomer retirement promises.
Tuesday, January 07, 2014
U.S. Dollar Crisis Inflation Hammer 2014 / Currencies / Inflation
Economist John Williams thinks 2014 will mark the beginning of hyperinflation. Williams contends, “You are going to see, early on, a crisis in the dollar that will start to trigger the inflation . . . as the inflation picks up, that’s going to savage the economy, which is already in a depression. It never recovered.” Forget what you have heard about the so-called recovery. Williams says, “The consumer is in trouble. There is nothing happening to turn the economy around.” The weak economy is bad news for the dollar. According to Williams, “Anything that would suggest deficit deterioration here, and a weak economy would do that, will have a devastating impact on the dollar.” And if foreigners start selling some of the 12 trillion U.S. dollar based assets, such as bonds and currency, things will turn ugly fast. Williams says, “We’re dependent on the rest of the world continuing to go along with us and continue to support the dollar.
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Tuesday, January 07, 2014
Bitcoin 2014 Bubble Collapse or Dollar Alternative? / Currencies / Bitcoin
Is it a bubble or mania destined for collapse? Or can it beat the odds and become a viable alternative to the dollar?That’s what many are wondering about Bitcoin, the electronic currency which has captured the Internet world’s imagination. Many observers have dismissed the e-currency as a passing fad – a flash in the pan destined to suffer the same fate as break dancing and Beanie Babies. This conclusion is far too simplistic, however. Due to the complexities of the new currency the Bitcoin issue demands a deeper analysis.
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Saturday, January 04, 2014
Why the World is Trapped with their U.S. Dollars / Currencies / US Dollar
To a lot people a country with large foreign reserves is equivalent to a strong country. In a way it is true because a country can only accumulate foreign reserves when it is running a budget surplus. Having large foreign reserves has its advantages like enabling it to finance more imports and also acting as a cushion against an economic downturn. However there are also disadvantages associated with having a large foreign reserve. Besides generating inflation it also increases our dependence on the US$ which we are unable to get out from. A lot of people might thought I am nuts, saying that Malaysia and the rest of the world are trapped with their Dollar denominated foreign reserves. I shall show you why we can’t as a group but before that let us go through our country’s international reserves holdings.
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Friday, January 03, 2014
Singapore Local Perceptions on Bitcoin's Future / Currencies / Bitcoin
I have just returned from a very enjoyable trip to Singapore, in which our goal was to determine the sentiments and level of knowledge people had about Bitcoin in order to better determine Bitcoin's future in Singapore. That journey took me to the pulsating central business district of a vibrant Singapore, traditional neighborhoods completely recast in the face of new immigration and rigorous central planning, and the newcomer immigrants and permanent residents where languages like Thai and Japanese punctuate the linguistic air of Singapore accentuated English. What we found out about Bitcoin sharply contrasted with that of what we learned about Bitcoin in Taiwan.
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Friday, December 27, 2013
A Trip Down a Bitcoin Mega Mine in Iceland / Currencies / Bitcoin
Tyler Durden writes: Once upon a time, money – in the form of precious metals – used to be literally dug out of the earth. Limitations on the amount that could be mined, and on how much growth could be borrowed from the future (all debt is, is future consumption denied), is why eventually the world’s central bankers moved from money backed by precious metals, to “money” backed by “faith and credit”, in the process diluting both. It was the unprecedented explosion in credit money creation that resulted once money could be “printed” out of thin air that nearly destroyed the western financial system. Which brings us to Bitcoin, where currency “mining” takes place not in the earth’s crust, or in the basement of the Federal Reserve, but inside supercomputers.
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Friday, December 20, 2013
Bitcoin - High Tech Fiat Alchemy / Currencies / Bitcoin
The curious case of Bitcoin and the associated rise of electronic currency has rekindled money and wealth discussions. It has also given rise to the re-birth to a libertarian cyberpunk ideology. In some ways, the response is a natural reflection of the devaluing of paper promises. In others ways, electronic cryto-currency is perfectly positioned to launch into physical metals. In fact, early correlation has been established, despite the overall tight control of the precious metals markets.
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Wednesday, December 18, 2013
U.S. Dollar’s Demise and the Rise of Bitcoin / Currencies / Bitcoin
One of the questions investors have been asking lately concerns the outlook for the U.S. dollar index. Investors are understandably concerned by the dollar’s weakness and worry that perhaps that any notable increase in inflation could lead to further erosion in the dollar’s value.Read full article... Read full article...
Wednesday, December 18, 2013
The Biggest Bitcoin Myths Debunked / Currencies / Bitcoin
David Zeiler writes: Bitcoin has been in the news a lot lately, but few people - even those talking about it in the media - really have a solid grasp on this groundbreaking digital currency.
What most people do know about Bitcoin is its meteoric rise in value over the past couple of months. The price of Bitcoins trading on the Mt. Gox exchange rose from less than $100 at the end of July to more than $1,200 at the end of November.
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Tuesday, December 17, 2013
USD Index Looks For Bullish Reversal / Currencies / US Dollar
We believe that USD Index has now turned bullish with impulsive rise from 79.00 and breakout out of a downward channel. This breakout is important sign for a change in trend, even if just temporary. Based on a big picture with a triangle, we think that rise from 79.00 is start of a wave D that will unfold in three legs. If that is the case then current downward move is just a wave (B) correction that could stop around 78.6-61.8% Fibonacci retracement area. As such, move up in wave (C) could start unfolding in the second part of December.
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