Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Saturday, December 14, 2013
How the Paper Fiat Money Experiment Will End / Currencies / Fiat Currency
By: Philipp_Bagus
A paper currency system contains the seeds of its own destruction. The temptation for the monopolist money producer to increase the money supply is almost irresistible. In such a system with a constantly increasing money supply and, as a consequence, constantly increasing prices, it does not make much sense to save in cash to purchase assets later. A better strategy, given this senario, is to go into debt to purchase assets and pay back the debts later with a devalued currency. Moreover, it makes sense to purchase assets that can later be pledged as collateral to obtain further bank loans. A paper money system leads to excessive debt.
Friday, December 13, 2013
Disaster Insurance Ahead of the U.S. Dollar Collapse / Currencies / US Dollar
By: Dr_Jeff_Lewis
Most people simply cannot conceive of a US dollar hyperinflation any more than a current resident of San Francisco could imagine a 1906 or 1989 earthquake. Many simply choose to not dwell on these potentialities, often rationalizing them against other existential if not abstract inevitabilities.
Dollar Confidence and Money Velocity
Money velocity can be defined simply as GDP divided by money supply.
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Friday, December 13, 2013
NZD/USD Choppy Moves Ahead / Currencies / US Dollar
By: Submissions
The NZD/USD pair rose during the session on Tuesday, breaking the top of the hammer that had formed on Monday. That of course is a very bullish sign, but we did give back a little bit of the gains towards the end of the day. It is possible that this market will go higher, perhaps hitting the 0.84 level. However, this is not going to be the easiest of moves going forward, and as a result it is going to be choppy at best.
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Thursday, December 12, 2013
Fed Taper Is Almost Dead Certainty But May Not Trigger USD Rally Yet / Currencies / US Dollar
By: Submissions
Justin Pugsley writes: The economic and political hurdles for the US Federal Reserve to taper its bond purchases are steadily being removed making it almost a dead certainty – but don't expect it to necessarily spur a USD rally, at least not yet.
It appears Democrats and Republicans are closing in on a deal over the US budget, which looks likely to avoid a confidence damaging shut-down of the US government early next year. On the economic front the surprisingly strong US jobs numbers last week and positive revisions to GDP are powerful incentives to start reining in the Fed's $85 billion a month bond purchasing programme.
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Thursday, December 12, 2013
British Pound GBP Correction Within an Uptrend / Currencies / British Pound
By: Gregor_Horvat
GBP/USD has turned lower in the last 24 hours from its highs, but despite some weakness we believe that larger trend is incomplete. We are tracking an impulsive rally from 1.5853 low, which means that recovery needs to be made by five subwaves. With that in mind we believe that current bearish leg represents only first part of corrective pause.
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Thursday, December 12, 2013
Bitcoin’s Evolution Will be SWIFT / Currencies / Bitcoin
By: Jeff_Berwick
Chris Horlacher writes: A lot of attention has been paid to bitcoin in the last couple of weeks. As Chinese buyers piled in to the market, a gathering of bureaucrats in the United States gave their blessing to the nascent currency. The price movements in bitcoin have been jaw-dropping, to say the least. The naysayers, looking for any reason to belittle this digital innovation, leaped on a Bank of China announcement that prohibited Chinese banks from dealing with the currency. To those that have been paying attention, China has had a ban on virtual currencies since June of 2009 so this comes as no surprise. Other investors and speculators are painting pictures of tulip bulbs for us in the mainstream news, but even the Dutch didn’t see action this intense. Like Rocky Balboa, this new invention refuses to stay down.
Wednesday, December 11, 2013
Bitcoins vs. Greenbacks and/or Gold and Silver / Currencies / Bitcoin
By: Gary_North
There are conflicting stories among Bitcoins’ supporters about why a Japanese programmer or team of Japanese programmers, who are known by a pseudonym Satoshi Nakamoto, developed the original idea for the Bitcoins software.
The primary justification for Bitcoins among libertarians is the prediction that Bitcoins will become an alternative currency to all existing central bank currencies. Bitcoins are seen as a first-stage revolt against central bank money.
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Tuesday, December 10, 2013
Currency War Means Currency Suicide / Currencies / Currency War
By: MISES
Patrick Barron writes: What the media calls a “currency war,” whereby nations engage in competitive currency devaluations in order to increase exports, is really “currency suicide.” National governments persist in the fallacious belief that weakening one’s own currency will improve domestically-produced products’competitiveness in world markets and lead to an export driven recovery. As it intervenes to give more of its own currency in exchange for the currency of foreign buyers, a country expects that its export industries will benefit with increased sales, which will stimulate the rest of the economy. So we often read that a country is trying to “export its way to prosperity.”
Monday, December 09, 2013
GBP British Pound Near Resistance / Currencies / British Pound
By: Gregor_Horvat
GBPUSD broke to a new high as expected after we identified end of a corrective retracement at 1.5850. As such, we are now tracking a new impulse leg up with can be wave C, final part of a double zigzag in wave E). If this is correct count then rally from July low is near completion. Ideally we will see a reversal down from around 1.64-1.66 region.
Monday, December 09, 2013
Bitcoin and Quantitative Easing / Currencies / Bitcoin
By: Submissions
Brett Chatz writes: The spectacular rise in popularity of bitcoin has caused many influential people to stand up and take notice. Are alternative currencies the way of the future?
Saturday, December 07, 2013
New Look At Currencies - MAP Wave Analysis / Currencies / Forex Trading
By: Marc_Horn
I have been perplexed by the accuracy of MAP Wave Analysis projections for Gold, Silver as well as the US markets and the DAX, however the currency projections have been somewhat disappointing! It has picked pivots, however I misinterpreted much of it because of FOLLOWING THE CROWD that the Dollar and Euro are correlated, much like the crap that goes around that Gold is inflation proof and retains its value etc..... say no more!
Saturday, December 07, 2013
Bitcoin Price Crash Towards Zero? The Ponzi Scheme Bubble Plays Out as Designed / Currencies / Bitcoin
By: Nadeem_Walayat
The Bitcoin price last traded at USD 790 (this morning) which represents a 37% price crash against its trading high of 1242, vaporising the wild dreams of just a few days ago where some reported that the virtual money could be destined to go as high as 1 million! Whilst never realising the difference between what is virtual and what is real, instead in large part bitcoin pumper's remain in denial as many have been seduced by the golden coin image to imagine that bitcoins and gold are the same or similar when the reality is the exact opposite. Bitcoins is fairy dust, it is perceived as being very valuable but a small gust of reality is enough to make it disappear.
Friday, December 06, 2013
Profit from The Bitcoin Tulipmania & The Gold Cartel / Currencies / Bitcoin
By: DeepCaster_LLC
“Tulipmania was the first major financial bubble. Investors began to madly purchase tulips, pushing their prices up to unprecedented highs; the average price of a single flower bulb exceeded ten times the annual income of a skilled craftsman. Tulips sold for over 4000 florins, the currency of the Netherlands at the time. As prices drastically collapsed over the course of a week, many tulip holders instantly went bankrupt.” investopedia.com
It is no secret that an investment in Bitcoins – the Digital Non-National Currency – has generated Phenomenal Profits recently. Profits, that is, for those who bought early and chose to sell before the recent Chinese “Bitcoin Veto” Announcement.
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Friday, December 06, 2013
Will British Pound Rally Continue Against the Swiss Franc? / Currencies / British Pound
By: FXAcademy
Adam Lemon writes: The GBP/CHF pair had a very back and forth session during the trading hours on Wednesday, but the most important thing is the fact that there is an uptrend line dissecting through the 1.4750 handle, and that area of course has been one of the least passing interest. Because of that, it makes perfect sense it bounced from there, and now have a somewhat neutral looking candle. However, all things being equal, it looks like the British pound is set to continue its strength against the Swiss franc. Lately, the British pound has been one of the strongest currencies to follow.
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Thursday, December 05, 2013
Gold 2.0 NOT Tulip Mania: How Big Is The Cryptocurrency Opportunity? / Currencies / Bitcoin
By: DK_Matai
Make no mistake, the Bitcoin opportunity is creating a fast evolving trillion dollar new market in cryptocurrency eCommerce and more importantly mCommerce or mobile-Commerce. The future of cryptocurrencies is being secured right now with the launch of many new apps to enable digital cash, electronic payments and secure eWallets using cryptocurrencies via smart phones and other digital devices such as secure pens, sophisticated crypto-watches and customised memory sticks. Cryptocurrency adoption is growing very fast, in a similar exponential curve to the adoption of the world wide web in the years following 1995 or even the spread of electric power exactly a hundred years before that.
Thursday, December 05, 2013
Bitcoin Mania Bubble Bursts, China Triggers Price Crash Start, Technical Forecast / Currencies / Bitcoin
By: Nadeem_Walayat
The bitcoin bubble appears to have burst as a stepped series of price crashes are underway with the price currently standing at 1074 down form 1240 barely a day earlier. A clue to its future direction can be discerned from the unfolding technical price patterns, that just as I wrote wrote in the run up to the peak of the Bitcoin bubble with the price converging on USD 1250 that the market was primed to crash and all it was waiting for was any even marginally negative news to act as trigger for increasing waves of market panics as GREED amongst the bitcoin mania hoarders turns into fear of loss of paper profits.
Thursday, December 05, 2013
Greenspan - I Guess Bitcoin Is A Bubble / Currencies / Bitcoin
By: Bloomberg
Former Federal Reserve Chairman Alan Greenspan told Bloomberg Television's Trish Regan and Adam Johnson on "Street Smart" today that "I guess" Bitcoin is a bubble. He said, "the question is I do not understand where the backing of Bitcoin is coming from... Individuals with very high net worth and who have great reputations could create their own currency because people would be willing to exchange their checks with others probably at par. That is not the case with Bitcoin."
Thursday, December 05, 2013
Eschewing Traditional Fundamentals to Understand the Bitcon, Cryptocoin Market / Currencies / Bitcoin
By: Keith_Hilden
As Bitcoin and other cryptocoins are gaining interest with Wall Street firms and tech aficionados alike as an asset class and/or emerging currency to get exposure to, there is a need to understand these cryptocurrency markets. However, we are quickly learning as a group that cryptocurrencies are not understood in the same way as traditional asset classes. We are dealing with new market dynamics, and as such we need to adopt new thinking in order to understand the fundamentals and the drivers influencing price and direction in the Bitcoin and other cryptocurrency markets.
Monday, December 02, 2013
GBPUSD Looks For Resistance / Currencies / British Pound
By: Gregor_Horvat
GBPUSD is at the highs, now above wave the trendline connected from 2009 highs but still below 1.6744 which is a triangle invalidation level from a weekly chart. As such, we are still tracking final stages of a red wave E) that could be looking for a top formation in 1.6500-1.6650 region. However, before we may look for end of a current rally we need five waves up in black wave C which is still not the case so be aware of more upside in this week.
Monday, December 02, 2013
A Look at Digital Currency in the Global Monetary System / Currencies / Fiat Currency
By: Keith_Hilden
We currently find ourselves in quite the economic quandary. Controlling banking interests are seeking increasingly cashless transaction systems. Various anti-cash legislation actions coupled with a media blitz towards a cashless society acts as supporting material for this shift towards an increasingly digital monetary system. At the same time, a patchwork group of individuals from all walks of life are now using digital currency and payment systems by way of Bitcoin, Paypal, Ripple, and other digital currencies and digital payment systems. While digital currency and payment systems come with their advantages, we see an emerging real concern of account security being compromised in a system of digital currency and payments.
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