Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Saturday, February 04, 2023
Fed Postures as States Grow Alarmed at Currency Debasement / Currencies / Fiat Currency
By: MoneyMetals
By Mike Gleason: As the Federal Reserve winds down its rate hiking campaign, precious metals bulls are anticipating a favorable environment for gains ahead.
On Wednesday, Fed policymakers raised their benchmark rate by just a quarter point. Chairman Jerome Powell also delivered remarks widely interpreted by markets as dovish. He suggested the Fed was close to declaring victory over inflation.
Powell also claimed that disinflation is now taking hold. After getting his inflation forecast wrong for two years by insisting it would be “transitory,” he is now trying to take credit for predicting the supposed trend of disinflation.
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Friday, January 27, 2023
Bitcoin FTX Crime Scene Price CAPITULATION! / Currencies / cryptocurrency
By: Nadeem_Walayat
This article is part 2 of 3 of as excerpted form my extensive analysis Stocks Analysis Bonanza - GOOG, QCOM, ASML, TCHEY, BABA, BIDU, TSLA, WDC, RBLX, MGNI, COIN, BITCOIN CAPITULATION! that was was first made available to patrons who support my work.
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Saturday, January 21, 2023
Bitcoin FTX Crime Scene CAPITULATION! / Currencies / Bitcoin
By: Nadeem_Walayat
Ai Stocks Portfolio
A quick look at the current state of my portfolio which is now 88.5% invested after arrival of approx 5% of fresh cash and after I sold all of my NBIX holding given that it earlier retreated from a multi year high, and that it tends to trade within a range of $125 to $76. I have update the table to indicate when columns were last updated. I have also replaced the beta column with something more useful called Future Growth (1-10), which is basically how I see the COMPANY doing in terms of future growth potential where 10 is the highest and 1 is the lowest, note this does not mean that the stock prices will match growth potential due to a myriad of factors such as sentiment, valuation and politics, but it gives insight into the underlying prospects for the businesses where the two stocks that score 10 are AMD and TSMC which is why I am heavily invested in both and don't fret about stock price drops in either as recently experienced because the underlying businesses have huge long-term future growth potential. Stocks that score 9 are Nvidia, Facebook, ASML and IBM, which again means I am not too phased by what we recently witnessed with the likes of META and and Nvidia, stock prices rarely reflect the actual state of the underlying business as they oscillate between extreme fear and extreme FOMO as illustrated when one watches the Cartoon Network (CNBC).
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Friday, January 06, 2023
The Role of AI in Forex Trading / Currencies / Forex Trading
By: Boris_Dzhingarov
According to estimates, the global forex market is worth $2.409 quadrillion, while some $6.6 trillion is traded each day across three separate trading session.
These figures have increased markedly since 2016, thanks to the rise of automated trading and the deployment of artificial intelligence (AI) to help minimise risk and optimise returns over time.
But what exactly is AI, and how has it helped to change the world of forex trading over the course of the last decade or so?
Friday, December 23, 2022
NFT Insanity: No One Should Be This Stupid! / Currencies / NFTs
By: MoneyMetals
Do you remember a man named Vignesh Sundaresan? You don't? Here's a clue. Maybe you remember him from his moniker "MetaKovan."
Still lost?
Vignesh Sundaresan is a co-founder of bitcoin ATM provider Bitaccess. But he's most famous as the "crypto whale" who bought digital art in the from of a Non-Fungible Token (NFT) at Christie's auction for $69.3 million.
Wednesday, December 14, 2022
Is Forex Worth It? / Currencies / Forex Trading
By: Submissions
The answer to the question depends on who you ask! For instance, someone with a sound plan and risk management plan will find forex trading worthwhile. Someone who has attempted to invest money through Forex trading and did not avail what he expected, he might respond that it is not worthwhile.
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Tuesday, November 22, 2022
FTX Collapse Reconfirms Bitcoin Is NOT “Digital Gold” / Currencies / cryptocurrency
By: MoneyMetals
John Ray III oversaw the bankruptcy liquidation of Enron when the giant energy trading firm collapsed in an inferno of fraud and malfeasance in 2001.
Last week, Ray was appointed to handle the unwinding of the cryptocurrency exchange FTX. He had the following to say, and it's a lot given his experience:
"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here."
Saturday, November 12, 2022
FTX Crypto Exchange Collapse Poses Warning of Much Broader Market Risks / Currencies / cryptocurrency
By: MoneyMetals
Investors finally got some good news this week on the inflation front. Thursday's Consumer Price Index report showing price level increases moderating somewhat sent stocks, bonds, and precious metals all soaring.
CPI inflation still came in elevated at an annual rate of 7.7% through October. But that was slightly lower than analyst expectations. The 7.7% reading also represents a possible deceleration trend from earlier in the year when the CPI was running well above 8%.
With the official inflation rate now heading down a little bit, the Federal Reserve will likely start scaling back its interest rate hikes. Expectations for Fed softening helped drive the U.S. Dollar Index down to a two-month low.
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Saturday, November 12, 2022
Crypto investing for beginners – insights you might need in 2023 / Currencies / Crypto Mining
By: Submissions
As time goes on, new altcoins appear out of obscurity and challenge Bitcoin and Ethereum's statuses. However, even in this context, Bitcoin remains the king of the market, with over 43% of the crypto market capitalisation. The oldest digital token has gained worldwide attention and doesn't seem to slow down.
The growing interest, adoption, and investment in Bitcoin and other currencies have investors curious about trading digital currencies. The following recommendations and market insights take the reader through the basics of trading digital currencies.
Wednesday, November 09, 2022
GBPUSD 7 Charts to Help You Catch the Next Move / Currencies / British Pound
By: EWI
Hi,
You're invited to a free forex webinar!
Now that the British pound has almost hit parity with the U.S. dollar, forex traders everywhere are wondering what's next.
Our friends at Elliott Wave International are hosting a live webinar to answer the question. Join EWI's Senior Currency Strategist, Michael Madden, on November 10th at 12 PM Eastern/NY time. He'll show you 7+ eye-opening charts that highlight where GBP has been -- going back all the way to the late 1700s! -- how it got to where it is today, and, most importantly, what Elliott waves suggest next for Cable.
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Monday, November 07, 2022
UK Economy and British Pound GBP Trend Forecast / Currencies / British Pound
By: Nadeem_Walayat
The big problem is this that as the Dollar rises investors SELL their domestic currency for dollar assets which is what all those outside of the US do when they invest in US stocks and other assets which drives down currencies such as sterling in a feedback loop, as a weaker currency tends to be accompanied by weaker economic fundamentals i.e. higher interest rates because there is less demand for domestic bonds and inflation rises because the cost of imports go up which feeds through to more selling of sterling for dollar assets in attempts to escape the falling currency which is where many outside of the US find themselves today, as my earlier example of the US stocks bear market in GBP illustrate. The consequences is that the US can bring inflation umder control whilst there's fat chance of the UK bringing inflation under control with a freefalling currency and given Britains perpetual trade deficit the odds of an significant sterling recovery is pretty slim.
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Friday, November 04, 2022
US Dollar Big Picture / Currencies / US Dollar
By: Nadeem_Walayat
Ultimately the fate of the dollar bull market is to spike in a blow off top and then collapse in spectacular style, probably at a faster pace then it is currently going higher.
Now don't take this chart as a literal trend forecast as I don't have the time to undertake such a study right now but it is a rough picture of what I have in mind of how the dollar trend could play out. There will be plenty of time to define a forecast trend pattern over the coming years.
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Friday, October 28, 2022
4 Commonly Made Mistakes to Avoid When Investing in Crypto / Currencies / cryptocurrency
By: Russell_Fenton
With social media sharing showcasing people making millions off of cryptocurrency - it is natural that others are experiencing FOMO and want to get in on the fun. There is potential for large gains with the cryptocurrency market, however nothing is guaranteed. After reaching a market cap of over $3 trillion in November 2021, the current market cap of the cryptocurrency industry is around $1 trillion in value.
But with such a huge market, the number of people trying to earn off of scams is infinite. There are more than plenty of rookie investors that fall into traps when investing in crypto.
Monday, September 19, 2022
How Much Longer Can the US Dollar Trade Last? / Currencies / US Dollar
By: Richard_Mills
This year has seen a correction in the gold price, commensurate with rising interest rates, and the spectre of more to come. The precious metal has also been hammered by a strong US dollar, which is negatively correlated to the gold price.
Spot gold has fallen from about $1,800 an ounce at the start of the year, to $1,675 currently, a drop of 7.4%. On Thursday, Sept. 15, gold plunged to its lower level since April, 2020, on expectations of a 0.75% interest rate increase next week by the Federal Reserve.
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Thursday, September 15, 2022
Is it too late to play Ethereum’s upcoming Merge? / Currencies / cryptocurrency
By: Stephen_McBride
Ethereum’s big merge is happening on September 14…
RiskHedge Chief Analyst Stephen McBride says it’s the most important crypto event since Ethereum’s debut seven years ago.
The Merge is set to forever transform Ethereum, the second-biggest crypto.
It’ll make it more energy efficient and attractive for big-money investors to own.
Wednesday, July 20, 2022
Bitcoin Scams to Be on the Lookout For / Currencies / Bitcoin
By: Steve_Barker
Crypto scams are on the rise, with CNBC reporting that in 2021 "a record $14 billion" was snatched by cyber criminals in all sorts of ways!
Bitcoin scams are a major part of the fraud that's been happening in recent years. This makes sense since Bitcoin has the largest market cap by far more than any other cryptocurrency.
In this guide, we'll delve into the shady world of Bitcoin and crypto scams. Read this article in full to get the lowdown on everything you should look out for and aim to avoid in terms of crypto scams!
Sunday, July 17, 2022
Is it Time to Give up on Crypto? / Currencies / cryptocurrency
By: Stephen_McBride
Crypto just wrapped up a brutal first half of the year…
Bitcoin’s down nearly 60%...
Ethereum, the world’s second largest crypto, has fallen 70%...
And many smaller cryptos are down 90%+
If you’re invested in crypto… and thinking about throwing in the towel…
Saturday, July 16, 2022
USDD New Ponzi TRON SCAM Stable Coin WARNING - Offering 30% APY Hook to Crypto Suckers / Currencies / cryptocurrency
By: Nadeem_Walayat
Crypto fools, here's A NEW Stable coin ponzi scheme ready to suck in your hard earned wealth hot on the heels of the Terra Luna crypto scam stable coin that did it's rug pull early May that within days was followed by the USDD scam stable coin that purportedly has already sucked in $720mln dollars by offering suckered a 30% APY interest rate. Don't be fools! Nothing pays you 30% APY! Only scam turd coins like USDD
The bottom line is that stable coins are a crypto SCAM factory, as soon as one rug pulls another one pops up, probably operated by the scam artists.
This is why crypto's will be regulated because the stable coins are a SCAM FACTORY that I have been warning of for well over a YEAR!
YOU HAVE BEEN WARNED!
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Wednesday, July 13, 2022
How to Purchase USDT / Currencies / cryptocurrency
By: Sumeet_Manhas
Tether, also known as USDT, is the world's leading stablecoin as far as market capitalization is concerned. Theoretically, stablecoins are a stable alternative for altcoins and bitcoin since their value is pegged to a fiat currency, e.g., the United States dollar. Therefore, those purchasing USDT and other stablecoins are more interested in the decentralization and anonymity they offer rather than price upsurges and falls.
The United Kingdom government is currently working on a strategy to recognize stablecoins as an official state payment method. However, this year, stablecoins have been hit by a wave of volatility; this made Tether lose a 1:1 tie with the US dollar in June.
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Thursday, July 07, 2022
Will Crypto Loyalty Programs Replace Traditional Loyalty Points? / Currencies / cryptocurrency
By: Submissions
Loyalty programs are an essential part of the successful marketing strategy of any business. They are a main source-hook for retention and penetrative engagement. Lately, the crypto industry has widely been adopting these programs.
As with the growing popularity of digital assets, the common question here is: