Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Thursday, September 16, 2010
China Japan Forex Battle / Currencies / Fiat Currency
By: Ashraf_Laidi
While many have assessed Japan's powerful intervention (JPY 2 trillion worth of currency selling) via the lens of the US dollar, the operation could be a loud warning shot to Beijing, given the record buying of Japanese Government Bonds by China. Cynics (possibly realists) could reason that China seeks to hamper Japan's recovery by keeping the yen excessively strong, while profiting along the way (via accumulating appreciating yen and gradually reducing exposure to depreciating US dollars). After all, the race for the 2nd biggest economy remains in close contention between China and Japan.
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Thursday, September 16, 2010
Euro Moves Higher Against U.S. Dollar / Currencies / Euro
By: LiveCharts
The euro traded as high as $1.3038 earlier Wednesday (September 15) and currently sits at $1.3011 after upbeat US data this week has cause some speculators to move away from the dollar and into more high risk investments.
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Wednesday, September 15, 2010
Who Owns the U.S. Dollar? / Currencies / US Dollar
By: Pravda
At first glance, this would seem like a rather silly, stupid and pointless question. Why, the average person would answer, the American people own it. Or rather, if one had to get more technical, the American government, which is in turn, being a Republic, owned by the people, one in the same.
Wednesday, September 15, 2010
Dueling Fiat Currencies / Currencies / Fiat Currency
By: Richard_Daughty
My daughter, for some reason, decided that breakfast is the best time of day to tell me that she needs me to give her a wad of money, more money than I earned in a freaking month when I was her age, and for some stupid "back to school supplies" or to "have the sutures removed," or something, I can't remember the stupid details, but whatever it was, I remember that did not want to pay for it.
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Wednesday, September 15, 2010
Currency Intervention Madness, Japan Intervenes to Weaken the Yen / Currencies / Japanese Yen
By: Mike_Shedlock
After months of attempting to talk the Yen down, Japan Intervenes First Time Since ’04 to Rein in Yen.
Read full article... Read full article...Japan intervened in the foreign-exchange market for the first time since 2004 after a surge in the yen to the strongest against the dollar in 15 years threatened to stunt the nation’s economic recovery.
Monday, September 13, 2010
China Trade Surplus Reignites Tensions Over the Yuan Currency Manipulation / Currencies / China Currency Yuan
By: Money_Morning
Don Mille writes: China in August posted its third straight trade surplus of more than $20 billion, putting friction with the United States over the nation's currency back in the spotlight.
Exports rose 34.4% in August and imports climbed a greater-than-expected 35.2%, leaving the country with a $20.03 billion surplus, a customs bureau report showed Friday.
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Saturday, September 11, 2010
Can Switzerland and Japan Solve Their Currency Problem? / Currencies / Forex Trading
By: Bryan_Rich
Currencies play an important role in the economic health of a country — impacting the flow of trade and capital.
For instance, a weak currency can be quite good for an economy in times of recession. It stimulates demand for a country’s exports, which can drive growth in manufacturing, boost employment and give overall economic performance a nice jolt. And for foreign investors, a cheap currency makes a country’s investments more attractive.
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Friday, September 10, 2010
Currency Bulls in GBP/USD Remain Uncertain / Currencies / British Pound
By: Seven_Days_Ahead
An earlier recovery in GBP/USD this year, off a 76.4% support area, came to a halt in August, again at a Fibonacci retracement. So far a s/term pullback has been supported by a 38.2% level, but there is currently risk that this could give way in due course.
Wednesday, September 08, 2010
Euro Falls Hard on Renewed European Sovereign Debt Crisis Concerns / Currencies / Euro
By: LiveCharts
The euro has dropped sharply in the last 36 hours after new data showed risky debt held by European banks could be a bigger problem than was previously indicated.
The stress test of European banks performed by the European Union in July found that lenders would holding plenty of risky debt. The report indicated that German’s top 10 banks were $135 million below new capital requirements based on their debt situations.
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Wednesday, September 08, 2010
Elliot Wave Super Cycle, End of the World Deflation Never Had a Chance / Currencies / US Dollar
By: Toby_Connor
Lately we've been hearing a lot of talk about Kondratieff cycles, Elliot Wave super cycle, end of the world, deflation, deflation, deflation.
What the deflationists fail to acknowledge is that in a purely fiat monetary system deflation is a choice not an inevitability. To put it in simple terms, if a government is willing to sacrifice its currency there is absolutely no way deflation can take hold in a modern monetary system.
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Sunday, September 05, 2010
China Knows the Fate of the Euro / Currencies / Euro
By: Bryan_Rich
This week, the U.S. Commerce Department gave China another pass on its currency manipulation, ruling against charges it was undercutting U.S. aluminum makers.
This puts China’s currency back on the radar for the politicians and others who, last June, were coaxed into thinking that China was making concessions on its weak currency policy. That’s when China announced they would be de-pegging the value of the yuan from the U.S. dollar.
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Friday, August 27, 2010
NZD/USD Pullback From 76.4% Resistance Underway / Currencies / Forex Trading
By: Seven_Days_Ahead
A Jun/Jul recovery in NZD/USD seemed to lessen the threat from medium term bears, but recently resistance from the 76.4% retracement level effectively repelled the gains, and the first sign of momentum loss has now appeared.
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Tuesday, August 24, 2010
U.S. Dollar Threatened by Fannie & Freddie / Currencies / US Dollar
By: Axel_Merk
Social subsidies may make good politics, but all too often bad economics. When Fannie Mae was created in 1938, the seeds were planted for the biggest housing bust the world has ever seen; the going was good while the party lasted for the first 80 years, but ended in the financial crisis of 2008 – the hangover for many still remains. In 2008, many feared the dollar might collapse should Fannie Mae and its smaller cousin Freddie Mac (together here Government Sponsored Entities or GSEs) fail; little did those so fearful know that the government would embark on the largest bailout in history; the U.S. dollar rallied as the GSEs were put into conservatorship, making the previous implicit government guarantee just about as explicit as is possible.
Monday, August 23, 2010
China Ditches the U.S. Dollar, Are Times Changing? / Currencies / US Dollar
By: money_morning_au
Shae Smith writes: We all know the US flogs its debt to anyone willing to buy it. And up until recently, that's been China.Very slowly, over the past twelve months China has been lowering its exposure to US treasuries. In fact, in the last twelve months, they've offloaded about USD$100 billion dollars worth.
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Friday, August 20, 2010
Slip Back in EUR/JPY Currently Assumed Temporary / Currencies / Euro
By: Seven_Days_Ahead
After EUR/JPY found interesting support from a long term 76.4% level earlier in 2010, initial bull signs appeared. The current s/term slip back might unnerve the early bulls but it is worth them keeping the faith for now.
Friday, August 20, 2010
What Problems Lie Ahead for the U.S. Dollar? / Currencies / US Dollar
By: Julian_DW_Phillips
The recent history of the Dollar
China is the largest holder of the U.S. Dollar in its foreign exchange reserves at $2.45 + trillion. This is an impossible number to trade on foreign exchanges. So they're stuck with them until they can spend them. But, as long as the U.S. Dollar is the world's sole reserve currency, these reserves are useful to buy any asset in any country. It is vital that they retain their buying power. Buying power is defined by its exchange rate value and inside the U.S. relates to the inflation rate.
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Saturday, August 14, 2010
Fed’s Wake-Up Call Gives the Euro a Dose of Reality / Currencies / Euro
By: Bryan_Rich
The Fed surprised many people this week when it announced it would respond to the deteriorating economy with more efforts to stimulate.
It was a splash of cold water on the face of the world, a wake-up call that hammered home the reality of the economic climate: The recession wasn’t normal, the recovery wasn’t real, and we’re only half way through what will likely be described as a global depression.
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Friday, August 13, 2010
It's the Third and Final Act for the U.S. Dollar / Currencies / US Dollar
By: LewRockwell
Jeff Fisher writes: The US credit system is in the midst of its third credit crisis since the advent of the Federal Reserve.
The first credit crisis was a deflation that morphed into the Great Depression. (See Rothbard's: America's Great Depression.)
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Friday, August 13, 2010
Has the short-term move in the Euro Yen clarified the long-term outlook? / Currencies / Euro
By: Seven_Days_Ahead
For most of May and June the Yen was a strong buy against the Euro, as traders sought safe havens to protect against the Euro zone Sovereign debt crisis. At that time, the Yen and Dollar were considered safe trades, especially the Yen, even though Japan runs a very high debt to GDP ratio and continues to struggle with deflation. But unlike the Dollar, Japan runs a healthy trade surplus, has foreign exchange reserves in excess of US$1.0T and most of her government bonds are owned domestically.
Friday, August 13, 2010
USD/CAD Could Still Be Trying to Base / Currencies / Canadian $
By: Seven_Days_Ahead
After an initial recovery attempt in Apr/May, USD/CAD has become consolidative - still with the prospect of forming a base, but still without the necessary bull signals to tilt the scales firmly in the bulls’ favour. Not for the first time interesting support has emerged from a 76.4% level...
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