Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Monday, November 23, 2009
What Happens When a Carry Trade Blows Up? / Currencies / US Dollar
By: Graham_Summers
As I’ve been pounding the table for the last several months, the markets have been operating based on an “inflation” trade mentality. By this, I mean that we’re in a “Dollar down/ everything else up” environment.
This is to be expected. Fed Chairman Ben Bernanke has been doing everything he can to re-inflate the markets, hoping he can counteract the deflationary impact of the Housing Crash/ Credit Bubble bursting.
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Monday, November 23, 2009
USD/CAD Gearing Up for the Next Bull Leg / Currencies / Forex Trading
By: Seven_Days_Ahead
The correction from the 1.3063 Mar high has been deep. Whilst recent support has not come from the most obvious of levels it is still worth looking to see what is now needed to trigger further s/term bull interest.
Monday, November 23, 2009
Forex Traders Await German Business Climate Index Report / Currencies / Forex Trading
By: ForexPros
Traders await Tomorrow's release of the Ifo Business Climate Index by the German Institute for Economic Research.
The index is concluded from survey of about 7,000 businesses, and determines the business sentiment and conditions in the Euro-zone.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Saturday, November 21, 2009
The Fed is Foolishly Weakening the U.S. Dollar / Currencies / US Dollar
By: Peter_Navarro
Has America's Federal Reserve become the single greatest obstacle to global economic recovery? Central bankers around the world are increasingly asking this question as the American greenback continues its Fed-inspired decline and damages the export-driven growth of countries from Latin America and Asia to Europe.
Saturday, November 21, 2009
Weighing Alternative World Reserve Currencies to the U.S. Dollar / Currencies / Fiat Currency
By: Bryan_Rich
The dollar has suffered a landslide of scrutiny and negative sentiment over the past eight months. Yet just nine months ago it was the currency that every investor and central banker in the world wanted to own! The world economy was on the ropes, and the dollar represented safety.
Since then, fear has gradually abated, optimism has returned and this dollar, safe-haven trade has been reversing.
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Saturday, November 21, 2009
U.S. Dollar Yen on the Brink / Currencies / Forex Trading
By: LiveCharts
As the dollar remains weak across the board thanks to renewed concerns about the strength of economy recover, the dollar-yen ratio currently sits just above major long-term support in the 87-88 yen range.
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Saturday, November 21, 2009
U.S. Dollar Weakness Couldn't Do the Trick / Currencies / Forex Trading
By: Ashraf_Laidi
Another Friday, Another Yen Day While the dollar rebound accelerates on broadening risk aversion, the Japanese yen remains the best performer among major FX, just as was the case in the last 3 Fridays. The case for continued yen strength remains based on the currency's low yielding stature, the central bank's looming end of corporate bond purchases (unlike FOMC whose desire to withdraw liquidity is strictly in talk rather action) and the US Treasury's escalating borrowing, which limits rebounds in the USD and renders JPY lustre against other FX.
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Friday, November 20, 2009
The Truth Behind China's U.S. Dollar Currency Peg / Currencies / China Currency Yuan
By: Peter_Schiff
During President Obama's high profile visit to China this week, the most frequently discussed, yet least understood, topic was how currency valuations are affecting the economic relationship between the United States and China. The focal problem is the Chinese government's policy of fixing the value of the renminbi against the U.S. dollar. While many correctly perceive that this 'peg' has contributed greatly to the current global imbalances, few fully comprehend the ramifications should that peg be discarded.
Friday, November 20, 2009
How to Profit from the Falling U.S. Dollar With ETFs / Currencies / Forex Trading
By: Ron_Rowland
The U.S. dollar is falling like a rock! And while we could always see a short-term rally, I’m growing more and more convinced that the dollar is heading much lower against other world currencies.
Look at this chart below. In just the last eight months, the U.S. Dollar Index (DXY), which measures the strength of the dollar against a basket of major currencies, plunged more than 15 percent! This week it’s breaking down even further.
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Friday, November 20, 2009
Is the U.S. Dollar Euro On the Turn? / Currencies / Forex Trading
By: Seven_Days_Ahead
The Technical Trader’s view:
Thursday, November 19, 2009
Euro and Yen Currency Trading for 19th November / Currencies / Forex Trading
By: ForexPros
The Bank of Japan is due to hold a press conference Tomorrow (NOV 20).
The Bank regularly uses press releases in order to communicate with investors. Topics at such conferences generally include economic outlook, inflation and changes in interest rates.
Wednesday, November 18, 2009
What Has Government Done to the U.S. Dollar? / Currencies / Fiat Currency
By: Mike_Hewitt
"No legal tender law is ever needed to make men take good money; its only use is to make them take bad money." (Stephen T. Byington)
The U.S. dollar has changed from being a paper certificate for a tangible asset to a fiat currency - a paper note declared legal tender. By looking at the history of American paper money one can clearly see the distinction.
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Wednesday, November 18, 2009
Euro and JPY Forex Trading and UK Economic Fundamentals / Currencies / Forex Trading
By: ForexPros
The UK National Statistics Bureau will publish the monthly Retail Sales measurement Tomorrow (Nov 19).
Retail Sales are a measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes in the UK.
It is an important indicator of consumer spending and also correlated to consumer confidence and considered as a pace indicator of the UK economy.
Tuesday, November 17, 2009
What Strong U.S. Dollar Policy? / Currencies / US Dollar
By: Axel_Merk
"I believe deeply that it's very important to the United States, to the economic health of the United States, that we maintain a strong dollar," U.S. Treasury Secretary Geithner recently told reporters. Indeed, it seems to be a pre-requisite to apply for the position of U.S. Treasury Secretary to be able to utter these words. In the meantime, the greenback seems to be falling further and further; the 'strong dollar commitment' appears to have become a farce. Just what, then, would be a strong dollar policy?
Tuesday, November 17, 2009
Euro and Yen Forex Trading / Currencies / Forex Trading
By: ForexPros
Euro DollarThe Euro moved in both directions, breaking both the support & resistance specified in yesterday's report, without being able to reach the target in both cases. We have witnessed a swift move during yesterday's trading, when the Euro dropped very fast to 1.4879 only to rise with the same light speed to 1.5014. This move has founded an important support at 1.4879, where the rising trendline from November 3rd bottom meets yesterday's low.
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Sunday, November 15, 2009
China Currency Manipulation About to Trigger Protectionism Crisis / Currencies / China Currency Yuan
By: Bryan_Rich
I’ve written several times here in Money and Markets about the geopolitical time bomb surrounding China’s currency manipulation. The most recent was in my October 31 column.
I expect this issue to grow in intensity and become a major point of contention for the global economy in the coming year. In recent days the chatter about China and its artificially weak yuan has been picking up.
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Friday, November 13, 2009
Expansion of Global Fiat Currencies / Currencies / Fiat Currency
By: Mike_Hewitt
The expansion of global currencies has exceeded nine percent over the last year.
This essay investigates which currencies are contributing the most to this development. One hundred currencies from 95 sovereign nations and five monetary unions have been examined.
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Friday, November 13, 2009
U.S. Dollar Index Might Be At Pivotal Moment / Currencies / Forex Trading
By: Seven_Days_Ahead
During 2009 the US Dollar Index has enjoyed a deep pullback. Its current position doesn’t exactly excite, but an interesting technical level is being tested and we here highlight what would be taken as the first bull signal.Read full article... Read full article...
Thursday, November 12, 2009
Currency Trading for 12th November / Currencies / Forex Trading
By: ForexPros
The U.S Bureau of Economic Analysis will publish the monthly Trade Balance index tomorrow (Nov 13).
The Index measures the difference in worth between exported and imported goods (exports minus imports), which make up the largest component of a country's balance of payments.
Wednesday, November 11, 2009
Euro Breaks Above $1.50 / Currencies / Forex Trading
By: LiveCharts
Based largely on dollar weakness and rising oil prices, the Euro is currently worth $1.5018, after reaching a new 52-week high at $1.5051. The same dollar weakness has pushed the Pound back near $1.67, kept oil near or above the $80 per barrel level, and has sent the spot rate of gold soaring past $1,100 to a current rate of $1,115 per ounce.
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