Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.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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Monday, May 09, 2011
Why the Euro Plunged... and How to Profit / Currencies / Forex Trading
Dr. Steve Sjuggerud writes: The euro plunged three cents in no time on Thursday... and another two cents on Friday. That's a dramatic move for a currency.
What happened?
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. Dollar Weakness Shows Gold and Silver are the only Real Currencies / Currencies / Gold and Silver 2011
Dollar weakness that has continued will continue. That is to make US goods cheaper and more saleable as exports, but the flip side is that imported goods are more expensive and that creates inflation. Such a policy is foolhardy versus foreign nations that have export advantages. Besides the US does not have the predominance of mass to compete on this level. If tariffs on goods and services were implemented that would be another story. That accompanied by a change in tax laws for transnational corporations, that would force them to return the $2 trillion they have offshore and pay normal taxation which would be very beneficial to solve tax, production and employment problems.
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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
Currency Dead End Paradoxes, The Besieged U.S. Dollar / Currencies / Fiat Currency
Several very important currency effects are at work. Most economists are either silent on the factors or wrong footed on the dynamic. That is not surprising since they have been incorrectly analyzing, interpreting, and forecasting the financial crisis as it built up in 2005 and 2006, and as it exploded in 2007 and 2008 to surprise almost all of them, even as it has failed to recover in 2009 and 2010 in contrary fashion to their deceptive rosy positions. The major currencies must be examined for some key paradoxes. As the monetary system crumbles into its final phase, the foundation under which the major currencies stand, trade, and change is breaking down. Refer to the sovereign debt structure, overly burdened by runaway government debt.
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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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Monday, April 25, 2011
Investors, Put the U.S. Dollar on Your Radar Screen Now / Currencies / US Dollar
FYI for this week: "Put the U.S. Dollar on your radar screen".
Zhang Jianhua, the head of research at the People's Bank of China is getting very nervous now.
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Monday, April 25, 2011
Euro USD Currency Elliott Wave Technical Analysis / Currencies / US Dollar
We have written about the Euro in sections of various reports before, but this is the first report dedicated just to the EURUSD. The Euro, the currency of the European Union, replaced the ECU, a basket of european currencies, in 1999 on a 1:1 basis. For the record the Euro officially started trading in 1999. However, we do have charts for the ECU going back to 1991. In the 1990′s the basket of ECU currencies contained twelve different currencies.
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Sunday, April 24, 2011
US Dollar DX Index Very Long Term Charts / Currencies / US Dollar
The DX Index I normally show is the continuous futures contract on the DX index. The front month is now June.
The Fed also publishes two other dollar indices: major currency index, and the broad currency index. The major currency index is essentially the basis for the Wall Street DX futures index.
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Thursday, April 21, 2011
The U.S. Dollar Cycle / Currencies / US Dollar
For many months now I've been warning we were going to have a dollar crisis and that dollar crisis would drive the final leg up in gold's ongoing two year C-wave advance. We are now on the verge of the panic selling stage of this three year cycle.Read full article... Read full article...
Thursday, April 14, 2011
U.S. Dollar Review and Outlook / Currencies / US Dollar
We believe that continued U.S. dollar weakness may be a consequence of the diverging monetary approaches central banks are taking around the globe. While many international central banks have been on a tightening path, raising rates (i.e. central banks of: Australia, Brazil, Canada, China, India, Norway, Sweden, to name but a few), the U.S. Federal Reserve (Fed) has been conspicuous in its continued easing monetary policy stance. Indeed, while other central banks have been shrinking the size of their balance sheets, the U.S. Fed’s balance sheet continues to expand on the back of ongoing quantitative easing policies.
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Wednesday, April 13, 2011
U.S. Dollar Index Down Trend Intact / Currencies / US Dollar
In my last look at the Dollar Index, I pointed out that the Dollar doesn't seem relevant anymore, and as long as the down trend was under control, then all seem to be ok. The trend is still down, and the technicals would suggest that we will be visiting the all time lows last seen in 2008 at some point in the near future. At that point, I surmise things will start to get interesting.
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