Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, November 19, 2010
The Great Currency Wars, Return of 1930’s Style Protectionism? / Currencies / Protectionism
By: Andy_Sutton
On 9/18/2009 I wrote an editorial called ‘The Quiet Grab’. It discussed China’s deal cutting on the natural resources front, specifically in the rare earth element and petroleum sectors. The article pointed out that the Chinese were quietly provisioning ready supplies of strategic assets for the turmoil that lay ahead, particularly arising from a disdain and mistrust of paper instruments, especially currencies. With the USFed’s second iteration of quantitative easing now underway, the currency battles are starting to heat up and so is the rhetoric. This week we take a look at the ongoing (and intensifying) currency wars, strategic assets, and why we are behind the proverbial eight ball.
Friday, November 19, 2010
EUR/USD Bounce Closing in on Stronger Resistance / Currencies / Euro
By: Seven_Days_Ahead
The recovery in EUR/USD from the Jun low has, so far, been a 3-wave affair and recently found good resistance. There is now the risk that further weakness will mean curtains for the bulls as upward momentum seeps away.
Thursday, November 18, 2010
The U.S. Dollar Survives Again / Currencies / US Dollar
By: John_Browne
Given all that stress that the Federal Reserve's currency debasement program is laying on the global economy, last week's G-20 summit in South Korea should have been the monetary equivalent of a military degradation for the U.S. dollar. The greenback should have been slapped across the face, stripped of its medals, and cashiered from the ranks of respected currencies. Instead the dollar escaped unscathed, retaining its privileged status as the world's reserve.Read full article... Read full article...
Thursday, November 18, 2010
U.S. Dollar, USD Index Rally? / Currencies / US Dollar
By: Christopher_Laird
Why the USD is rallying
Well why can the USD rally now with another $600 billion of US QE? Basically it is argued by some, including me, that since the US has the defacto world reserve currency, that even if the US wants to abuse it and print a lot of money, since they print it, and issue the USD, they can win any argument on currency rates.
Wednesday, November 17, 2010
U.S. Dollar Trend Puts Gold Under Pressure / Currencies / US Dollar
By: Jeb_Handwerger
Last week I warned that the U.S. Dollar was reaching three year lows and to expect a dollar bounce. The dollar has bounced higher as risk aversion has returned with Ireland on the verge of needing a bailout and China raising interest rates to combat rising inflation. There are growing concerns of the Fed needing to raise interest rates ahead of schedule. The previous euphoria in commodities appears to be waning and the technicals are demonstrating the fundamental challenges facing commodities.
Tuesday, November 16, 2010
Looking Back at the Credit Crunch, Fall of the Mighty Dollar / Currencies / US Dollar
By: Rosanne_Lim
When politicians and policy makers see an economic problem, especially one with the scale of the financial crisis today, they feel obliged to solve it. Unfortunately, the measures they’ve implemented have not worked so far. In fact, their policies have the opposite effect because it reinforces imbalances. The monetary stimulus is just whetted the appetites of consumers to purchase even more imports. Meanwhile, the second round of quantitative easing might only make it worse.
Monday, November 15, 2010
Currency Wars, Devaluations Have Real Effects / Currencies / Fiat Currency
By: Robert_Murphy
When my book on the Great Depression came out — shortly after Obama's inauguration — I told radio interviewers that our current economic crisis was the start of the Second Great Depression. The Federal Reserve and the government implemented the same types of policies after the housing crash as they did in the 1930s after the stock-market crash.
Monday, November 15, 2010
EURGBP and Gold vs Aussie Dollar Signals / Currencies / Forex Trading
By: Ashraf_Laidi
The escalating negative dynamics surrounding the euro must be assessed carefully when drawing conclusions over EURUSD. A decline below $1.3550 remains unlikely for now. Rather, I continue to favour shorts in EURCAD, EURCHF (see details below), with particular focus on EURGBP in this piece.
There are clear fundamental and technical arguments for why EURGBP will continue its decline. Last week, the pair posted its weekly drop in since January.
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Sunday, November 14, 2010
U.S. Election Rejection of Obama is Bullish for U.S. Dollar, Gold Rally Defferred / Currencies / US Dollar
By: Ned_W_Schmidt
Rejection may be hard for most politicians to accept, but might be good for the nation and the world. Obama Regime's mismanagement of U.S. economy was rejected on 2nd of November in the U.S. election. That rejection ushered in the greatest change in political power in U.S. since 1948. Thus far, Obama Regime's only positive legacy will be the greatest political rejection in 62 years. That development means Obama Regime's reign of terror on wealth and economic growth has ended. That is bullish news for the U.S. dollar.
Sunday, November 14, 2010
The Euro Back Under the Microscope, PIIGS Debt Crisis Round3 / Currencies / Euro
By: Bryan_Rich
Investors, politicians and the media have had tunnel vision for the better part of the past five months. And it’s been directed squarely on the United States.
The world has been transfixed on the dollar. Experts have tirelessly surmised how the Fed’s recent decision to launch another round of quantitative easing was reckless. And they’ve claimed this action will do irreparable damage to the buck — the world’s primary reserve currency.
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Friday, November 12, 2010
How to Analyse and Trade Currencies with Elliot Waves / Currencies / Forex Trading
By: EWI
On November 1, the EUR/USD -- the euro-dollar exchange rate and the most actively-traded forex pair -- was trading the $1.38 range, near the level it is today.
But if you look at what the EUR/USD did between November 1 and 9, you'll see a huge 400-point (or pip, in forex lingo) rally into the November 4 top -- and an equally huge decline back to the levels we see today.
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Friday, November 12, 2010
U.S. Dollar Devaluation, A Bad Plan Poorly Disguised / Currencies / US Dollar
By: John_Browne
With our economy sagging and our international clout waning, one of the few assets upon which the United States can rely is the confidence that the rest of the world has traditionally showered upon us. That confidence is the reason why the US dollar was elevated to global reserve status more than 65 years ago.
Thursday, November 11, 2010
The U.S. Dollar, What should Investors do? What should Governments do? / Currencies / US Dollar
By: Axel_Merk
The Federal Reserve’s (Fed’s) strategy of firing up its printing press may have the debasement of the U.S. dollar as its goal (see Fed Targets Weaker Dollar), but it’s important to note that the Fed does not act in a vacuum. In our humble opinion, Fed Chair Bernanke is wrong both on substance and politics – a potentially explosive mix.
Thursday, November 11, 2010
EWI's Currency Market Intraday and End-of-day Forex Forecasts / Currencies / Forex Trading
By: EWI
You can access all the intraday, daily, weekly and monthly forecasts from EWI's Currency Specialty Service right now through noon Eastern time Thursday, Nov. 18. This service is valued at $494/month, but you can get it free for one week only!
You're just a few clicks away from a FreeWeek of Elliott Wave International's intraday and end-of-day Forex forecasts!
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Thursday, November 11, 2010
Will the G20 Dump the U.S. Dollar as the World's Main Reserve Currency? / Currencies / US Dollar
By: Money_Morning
Jason Simpkins writes:
The Group of 20 (G-20) is meeting today (Thursday) and tomorrow (Friday) in Seoul, South Korea, and one of the main topics of discussion will be the role of the U.S. dollar in the post-crisis global economy.
Debate over the dollar's role as the world's main reserve currency rose to a fevered pitch in 2008 when the financial crisis, which began in the United States, first roiled global markets.
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Wednesday, November 10, 2010
U.S. Dollar Bounces Off Important Support on Post QE2 Reality / Currencies / US Dollar
By: Jeb_Handwerger
This week we are reaching price levels in the dollar that have only been touched 3 major times in the last 3 years. After touching this level the dollar has bounced higher in reaction to major deflationary forces.Read full article... Read full article...
Wednesday, November 10, 2010
U.S. Dollar Stronger as Speculators Consider Global Economy / Currencies / US Dollar
By: LiveCharts
Currency speculators are struggling to make sense of everything happening around them in the global economy. At the moment (November 10), the dollar is in a stronger position following the Central Bank sell off of some 10-year debt at a lower than expected yield.
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Wednesday, November 10, 2010
Fed Pushing U.S. Dollar Closer to Collapse / Currencies / US Dollar
By: LewRockwell
Jeff Fisher writes: Every day the US Dollar moves closer to collapse.
International investors, unlike most Americans, are aware of the risk, and are nervously watching Gold and Silver march higher.
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Wednesday, November 10, 2010
Is China's Renminbi Already The New World Reserve Currency? / Currencies / Fiat Currency
By: Global_Research
Tyler Durden writes: With the dollar tumbling overnight, many were scratching their heads as to what caused the move in the dollar. Citi's Stephen Englander provides a useful explanation, which fits perfectly with the commentary from PBoC advisor Li's earlier that the dollar's position as a reserve currency is now "absurd": namely that more and more in the world are starting to look at the CNY as the new reserve currency. And as we pointed out earlier, its fixing surge of over 0.5% overnight caused many to blink. Is China finally pushing to aggressively force the dollar out?
Tuesday, November 09, 2010
QE2's Done, Now Euro and European Debt Crisis To Take Center Stage / Currencies / Euro
By: Dian_L_Chu
Over the past month or so, world`s focus, currency markets in particular, has been centered mainly on the U.S. over QE2, the November elections, and the Job`s Report. As such, there have been some interesting headlines coming out of Europe that went quietly under the radar as Wall Street became infatuated with their own bullish sentiment.
Now, with QE2 and mid-term election pretty much behind us, guess where the market’s attention will shift to next?
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