Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Monday, December 06, 2010
Recovery in USD/CHF at Key Resistance / Currencies / Forex Trading
By: Seven_Days_Ahead
After reaching a high for the year in May USD/CHF slipped steadily back, piercing the major 2008 low in Oct. Subsequent recovery has been relatively modest so far, and key resistance is currently holding the bulls back.
Saturday, December 04, 2010
Collapse of the Debt Dollar Discipline: Financial Discipline & Punish / Currencies / US Dollar
By: Ashvin_Pandurangi
*The following is Part I in a two part series of articles on the relatively rapid emergence and collapse of the "debt-dollar discipline" imposed on our global society. It is being done in two installments mainly due to my current time constraints, but also for the sake of shorter length and targeted focus. This part will introduce Michel Foucault's (renowned french philosopher, 1926-1984) analysis of "discipline" and "punish" in the modern state, and apply it to the global debt-dollar reserve system. The next part will focus entirely on the ongoing collapse of this disciplinary system, as it such an important and far-reaching topic.
Friday, December 03, 2010
Is Euro really that Strong or it’s just a Bounce? / Currencies / Euro
By: Bari_Baig
Okay, let’s be fair, past two days have been wondrous for Euro without a doubt! It is difficult to understand how quickly war wounds are forgotten when the going gets “simple” and [apparently] things are going smooth, word of focus is “apparently”. Euro Bulls are cheering and well they have all the right to do so but should we also cheer with them? To an extent, yes as we wrote in our article [Euro, USD, Gold and Stock Index Analysis] dated Dec 1st on www.marketprojection.net that “We say [Go Bulls] for 2 days” and we further went on to define the move that Euro would take in coming two days with the top side at 1.337s as the Single European currency seemed too oversold to us.
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Thursday, December 02, 2010
ECB Will Do Whatever it Takes to Save the Euro / Currencies / Euro
By: Axel_Merk
The one thing worse than a fire in a building is a fire in a building when emergency exits are bolted shut: a panic in the market is exacerbated when liquidity dries up. It appears the European Central Bank (ECB) embraces this view: in today's press conference by ECB head Trichet, he re-iterated a number of times that non-standard measures are there to permit appropriate transmission of standard measures. In plain English, this means that whatever emergency support is given to the market is a) temporary in nature and b) designed to allow monetary policy and thus economies to function.
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Wednesday, December 01, 2010
China and Russia Trade Agreement: More than Meets the Eye / Currencies / US Dollar
By: Dr_Jeff_Lewis
Direct trade between China and Russia may be less than $50 billion annually, but it's not the numbers that matter. Under the new agreement, China and Russia have decided that they will use their own local currencies to settle bilateral trade. Previously, both countries used the United States dollar as an intermediary for settling delivery payments.
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Wednesday, December 01, 2010
Fiat Currencies Versus Gold: Will China and Russia Quit using the US Dollar? / Currencies / Fiat Currency
By: Bob_Chapman
The Federal Reserve’s balance sheet grew a 4th straight week to $2,328 trillion, up $31 billion in a week. In May the balance sheet was $2,333 trillion.
Holdings of government securities totaled $901.24 billion, and rose $27.62 billion. Mortgage holdings were unchanged and Agency holdings fell slightly.
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Wednesday, December 01, 2010
U.S. Dollar USD Index Deja-Vu from 52 Weeks Ago? / Currencies / US Dollar
By: Ashraf_Laidi
US dollar stabilizes up as US bond yields push higher following the 93K increase in Nov ADP (highest since Nov 2007) and the October revision to +82K from +43K. US 10 year yields jump to 2.91% from 2.79% earlier, further boosting the "good-data-is positive-for-USD" reaction, which was not always apparent. Although the euro is holding firm, general FX dynamics are increasingly similar to exactly a year ago when USD strengthened in early December 2009 on a combination of strong US Nov jobs report (released on December 4, 2009 at -11k vs expectations of -130K) and the triple downgrades of Greece later in the month (Fitch, S&P and Moodys). Are we witnessing a Déjà vu from exactly 52 weeks ago? Such would be the case in the event of double positive surprise (strong NFP, falling unemployment rate) and possibly upside revisions.
Tuesday, November 30, 2010
U.S. Dollar's Rally From the End of Inverted Parabolic Formation is Bearish for Gold and Silver / Currencies / US Dollar
By: Ned_W_Schmidt
Really need to start drinking more coffee, perhaps. Must have fallen asleep and missed the demise of the U.S. dollar. For when we looked this morning, it was still there trading away. Something must have happened while we were nodding off.
Tuesday, November 30, 2010
Could Gold Replace the Euro? / Currencies / Euro
By: Bari_Baig
The pace at which things are changing in this ever changing world is very interesting. Less than two weeks ago Irish government was reluctant to admit to a problem with the Irish Banking system. Outcome; Mr. Cowen panicked he did not just agree to the bailout package but to keep the fragile coalition in place he announced re-elections in January. Everyone touts about being democratic however, coalition governments seldom work [well] even when all seems to be going fine whereas Mr. Cowen has work cut out for him as he’s frantically juggling to keep things in place most importantly the Budget.
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Tuesday, November 30, 2010
Why I Still Like the U.S. Dollar in a Crisis / Currencies / US Dollar
By: DailyWealth
Jeff Clark writes: "Where the heck is our emergency cash?" I asked, looking squarely at my wife...
The mountain of $20 bills I stashed away last year was now nothing more than a mole-hill.
Tuesday, November 30, 2010
Four Ways to Monitor the U.S. Dollar and Risk Trade / Currencies / US Dollar
By: Chris_Ciovacco
With European debt markets getting little relief thus far from the Ireland bailout, we need to keep a continued eye on the U.S. dollar. A weaker U.S. dollar tends to provide tailwinds for stocks, commodities, gold, and silver. Therefore, a longer-than-expected rally in the greenback may provide headwinds for these assets, with gold being the possible exception in the near-term.
Tuesday, November 30, 2010
Currency Manipulation, Two Sides to Every Coin / Currencies / US Dollar
By: Axel_Merk
Recently, currency manipulation has garnered headline attention. We have been constantly bombarded with rhetoric out of Washington: “China isn’t allowing its currency to appreciate fast enough”; “China’s exchange rate policies are stealing jobs from America”; “We’re playing fair, why can’t China?” More often than not, the more vociferous proponents come from politicians who, in our opinion, are simply posturing for votes; attempting to provide catchy sound bites they believe will resonate with their constituents, without fully grasping the underlying fundamentals at play. The situation itself is truly paradoxical – akin to a major corporation thanking its largest creditor by insulting them.
Monday, November 29, 2010
U.S. Dollar Rally, Gold and the Art of Speculation / Currencies / US Dollar
By: Howard_Katz
The rally in the dollar over the past few weeks serves as a good illustration of what it takes to be a good speculator. I can remember when I was new to the art of speculation. It was the early 1970s, and Richard Nixon, unilaterally and illegally, abolished the U.S. gold standard (or at least the slender, connection to gold which still existed at that time and was known as the Bretton Woods System).
Sunday, November 28, 2010
The Double Edged Sword of Euro-zone Debt Crisis and Unrest in Korean Peninsula / Currencies / Global Debt Crisis
By: Bari_Baig
Two perfect storms seem to be brewing up fast, one in Far East and the other in Western Europe with both having the potential of becoming category 5 storms[Maximum rating for a storm] and at their mercy lies the global investment world. These storms are bigger and meaner and their head on collision with one another is expected to take place sometime this coming week. Each storm system has a different impact on majority of the investments however; there is one exception and that being of Euro’s fate.
Friday, November 26, 2010
EUR/CHF Bear Wind Blows / Currencies / Euro
By: Seven_Days_Ahead
We last looked at EUR/CHF when bears seemed fully in control, but subsequent action has suggested that that tide is on the wane, with the first positive indication recently seen. The current pullback could prove temporary, with a fresh attempt on the upside to come.
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Wednesday, November 24, 2010
Bitcoin The Electronic Currency of the Future / Currencies / Fiat Currency
By: EWI
What is Bitcoin?
Cryptography expert Satoshi Nakamoto[1] has created the first completely decentralized, anonymous, electronic currency, called Bitcoin. Bitcoins are divisible digital tokens that can be exchanged across the internet or stored on disk. Bitcoin differs greatly from traditional government issued fiat currency and regulated banking in several important aspects:
Wednesday, November 24, 2010
Nouriel Roubini Academic Economist Ignores Fiat Money Failures / Currencies / Fiat Currency
By: Richard_Daughty
Unfortunately, it is not only Robert Zoellick of the World Bank that has notoriously turned against a gold standard, but The DailyBell writes about similar sentiments from Nouriel Roubini, university professor, in their article "Roubini: Here's Why a Gold Standard Won't Work."
Naturally, I can't believe my eyes! The fact is that the gold standard is the only system that HAS worked all through history, and you would think that Mr. Roubini would know that! Wow!
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Tuesday, November 23, 2010
U.S. Dollar Bounce Continues, Days of the [benefactors] are numbered now / Currencies / Forex Trading
By: Bari_Baig
The U.S Dollar Index is bouncing back from low 78s and at the moment there seems no hurdle then in its path to stop it from breaking over 79.6 which shall give rise to a move upwards to 81s. Unlike a few weeks back when even a finger snap would send the U.S Dollar and the Index hurling down now things are very different and it seems for now that this [new] development of pro U.S Dollar is going to stay for a while longer! When a crisis like situation erupts then [Safe Haven] is U.S Dollar and Yen however, today we are observing Gold to be in the same league but we’d get to Gold in a little while.
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Monday, November 22, 2010
Fiat Currencies in Crisis, U.S. Dollar Surpluses Conversion into Gold / Currencies / Fiat Currency
By: Bob_Chapman
Something is going on that your government does not want you to know about. Very few journalists have written about it and little or nothing has appeared in the mainstream media. The story could be one of major stories of our time.
Western powers have tried to destroy gold as a backing for currencies for many years. Presently the major media won’t touch the story and that is understandable.
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Monday, November 22, 2010
Is the Euro Finished? / Currencies / Euro
By: Kevin_George
In 2008, Irish finance minister proclaimed that in shoring up their toxic banks that it was “The cheapest bank bailout in the world!” Two years later and this cost was ‘expected’ to rise to €34bn. Fast forward to the present and the confirmation that Ireland has been forced to seek assistance from the EU/IMF totalling around €80bn.
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