Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Tuesday, July 13, 2010
The Case for the Yuan: Why China’s Currency Isn’t the Problem Policymakers Make it Out to Be / Currencies / China Currency Yuan
By: Money_Morning
Jason Simpkins writes: By allowing the yuan to appreciate, China at least temporarily placated foreign trade partners that had expressed concern about the currency's value. However, the decision has done little to quell criticism from many U.S. policymakers and trade groups who are angry that the Obama administration refuses to brand China a "currency manipulator."
Monday, July 12, 2010
Is it time for the U.S. Dollar Index to Rally? / Currencies / US Dollar
By: INO
The dollar index, which put in a strong performance in the first six months of the year, pulled back from its recent highs and appears to be in defensive mode.
If you are not familiar with the US dollar index (USDX), it is an index, or measure, of the value of the United States dollar relative to a basket of foreign currencies.
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Sunday, July 11, 2010
Euro Rally Profit Selling Opportunity / Currencies / Euro
By: Bryan_Rich
Over the past month, the talk from European officials about the sovereign debt crisis has gone relatively quiet.
Meanwhile, the euro has bounced aggressively from 1.1877 to over 1.27 versus the dollar.
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Friday, July 09, 2010
Is the Squeeze Over in the Dollar Euro? / Currencies / Euro
By: Seven_Days_Ahead
Despite the Dollar’s recent weakness against the Euro, we sense the market is undergoing a correction rather than a trend reversal. The situation in the Euro zone remains delicate. Indeed, the only thing that has changed in recent weeks is that the endless stream of negative commentary about the Euro zone has virtually dried up.
Friday, July 09, 2010
Bull Signal in British Pound, GBP/USD Now in Place / Currencies / British Pound
By: Seven_Days_Ahead
When we last looked at GBP/USD the chart had tested a long term 76.4% retracement level, where the initial reaction had been positive. But the required bullish signals from the Daily chart were not in place – and they are now.
Wednesday, July 07, 2010
Stronger Chinese Yuan Investor Profit Opportunities / Currencies / China Currency Yuan
By: Tony_Sagami
You probably had some Fourth of July celebrations on your mind last Friday, but there were some important developments for anybody invested in or thinking about getting into the Chinese stock market.
The Chinese yuan rose to a modern-era high against the U.S. dollar last week after the People’s Bank of China set the dollar-yuan exchange rate at 6.7720 yuan per dollar, a record low since China permitted its currency to trade against other foreign currencies in 1980.
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Tuesday, July 06, 2010
Floating Exchange Rates, Scheme to Embezzle the Dollar Balances of Surplus Countries / Currencies / US Dollar
By: Professor_Emeritus
Milton Friedman's theory of floating exchange rates, on which the international monetary system has been based since 1971, has given rise to a coercive regime in the sense that IMF statutes forbid member countries to stabilize the value of their currencies. A country attempting to do that is branded "a currency manipulator" and is threatened with trade sanctions. The prohibition is understandable. It is designed to protect the scheme whereby the dollar balances of the surplus countries are stealthily embezzled. It works as follows.
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Friday, July 02, 2010
The Euro Makes a Stand / Currencies / Euro
By: INO
After dipping just below the 1.20 level, the euro had a brief rally that pushed this currency back up to the 1.24/1.25 area. This corrective rally did not change the longer-term outlook for this market.
Friday, July 02, 2010
EUR/USD Trying to Establish a Base / Currencies / Euro
By: Seven_Days_Ahead
Earlier in June the Daily EUR/USD chart had shown signs of bear fatigue, although subsequent action proved muted on the upside. However, Thursday’s strength re-focuses attention on nearby resistances, through which a better, albeit temporary, recovery beckons.
Wednesday, June 30, 2010
Dollar Hammered by Yen as Job Concerns Remain / Currencies / US Dollar
By: LiveCharts
The dollar has quietly slipped against the yen in this week’s currency trade while remaining mostly flat against other major counterparts including the Euro and British Pound. A less than stellar round of economic reports Monday, Tuesday and Wednesday (June 30) morning have cast a dark cloud over optimism for economic recovery.
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Tuesday, June 29, 2010
Why I'm 100% Certain the Euro Will Fall / Currencies / Euro
By: DailyWealth
Tom Dyson writes: I call it my "broken dam" indicator...
Imagine trying to dam a powerful river. You build the thickest dam you can afford. For a while, the dam holds the water back and a reservoir forms. As the reservoir gets bigger, the water's pressure grows. Eventually, the weight of the reservoir exceeds the strength of the concrete, and the dam starts crumbling. Sooner or later, the reservoir ends up in the valley... along with your dam.
Sunday, June 27, 2010
Is it Time to Bet Against the U.S. Dollar? / Currencies / US Dollar
By: Money_Morning
Keith Fitz-Gerald writes: The U.S. dollar has been one of the world's strongest currencies in the first part of 2010.
And it's no wonder. The Greek debt crisis continues to threaten Europe's overall health, and could unleash an entirely new contagion on the rest of the global economy. Then there's China, - the engine of world growth during much of the financial crisis - which now appears to face the near-term triple threat of slowing growth, accelerating inflation and workplace unrest. Add in concerns about commodity prices and global debt levels and it's easy to see why currency investors have sought the safe haven of the U.S. dollar.
Saturday, June 26, 2010
Suiting Up for a Post U.S. Dollar World / Currencies / Fiat Currency
By: John_Browne
The global financial crisis is playing out like a slow-moving, highly predicable stage play. In the current scene, Western governments are caught between the demands of entitled welfare beneficiaries and the anxiety of bondholders who fear they will be stuck with the bill. As the crisis reaches an apex, prime ministers and presidents are forced into a Sophie's choice between social unrest and bankruptcy. But with the "Club Med" economies set to fall like dominoes, the US Treasury market is not yet acting the role we would have anticipated.
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Friday, June 25, 2010
Will USD/CAD Bounce Off 76.4% Support Continue? / Currencies / Canadian $
By: Seven_Days_Ahead
An initial recovery off long term 76.4% support in USD/CAD has been followed by a deep setback, which has just found support from a shorter term 76.4% level. Bulls waiting in the wings now need this to continue, breaching certain resistance points.
Wednesday, June 23, 2010
Financial Crisis Asian Currency Markets Insatiability as South Korea Imposes Currency Controls / Currencies / South Korea
By: Global_Research
Kavaljit Singh writes: On June 13, 2010, South Korea announced a series of currency controls to protect its economy from external shocks. The new currency controls are much wider in scope than foreign exchange liquidity controls announced earlier in 2009.
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Wednesday, June 23, 2010
Euro Under Pressure Means Forex Trading Should Not be Foreign to You / Currencies / Euro
By: INO
It's the biggest market in the world and is traded 24 hours a day, 6 days a week, and therefore one that is impossible to ignore. I'm speaking, of course, about the forex market.
The question is, is this the tail that's wagging the dog? Meaning, is the forex market, mainly the euro, dictating the trend in American and European equity markets.
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Tuesday, June 22, 2010
Euro to Fall Further and Gold Breaks Traditional Relationship With Dollar / Currencies / Euro
By: Miles_Banner
The devaluation of the euro in recent months, which has continued in spite of huge political attempts to reverse the trend, has recently accelerated.
Tuesday, June 22, 2010
What if the Chinese Let the Renminbi Float and Nothing Much Happened? / Currencies / China Currency Yuan
By: Paul_L_Kasriel
The People's Bank of China (PBOC) announced Saturday night that it would gradually relax the peg between the renminbi and a basket of currencies (primarily the U.S. dollar). This is the resumption of a policy the PBOC had initiated in mid 2005 and suspended in mid 2008. Although there are political motivations for the resumption of a controlled renminbi float - to deflect scapegoating at the upcoming Toronto G-20 confab and to get Senator Schumer off the backs of Chinese officials - there is a domestic economic motivation as well.
Monday, June 21, 2010
Implications of Chinese Yuan Appreciation / Currencies / China Currency Yuan
By: Axel_Merk
Axel Merk and Kieran Osborne write: Recently, there has been a lot of news and evidence supporting the likelihood of the Chinese authorities allowing the Chinese currency, the yuan or renminbi (CNY), to trade within a wider trading band.
Monday, June 21, 2010
Why New China Flexibility of the Yuan Will Not Mean its Appreciation, Nor Gold's Fall / Currencies / China Currency Yuan
By: Julian_DW_Phillips
With China dropping the 'peg' to the U.S. $, the financial world is expecting it to appreciate up to 30% over time. But we don't expect this at all. China has interests and will do no-one favors unless they are in China's interests. There are some who say it is in China's interests as they may well need to cap rising inflation or cheapen imports. More expensive Chinese exports can still effectively penetrate world markets? But China is a very different economy to any in the West and economic rules that apply to the West have to be modified in the East. So, what will happen to the Yuan now?"
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