Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, October 16, 2009
Death of the U.S. Dollar, Again? / Currencies / US Dollar
By: EWI
The following article is based on analysis from Robert Prechter’s Elliott Wave Theorist. For more insights from Robert Prechter, download the 75-page eBook Independent Investor eBook. It’s a compilation of some of the New York Times bestselling author’s writings that challenge conventional financial market assumptions. Visit Elliott Wave International to download the eBook, free.
Thursday, October 15, 2009
U.S. Dollar Real Value Crash to 18cents / Currencies / US Dollar
By: Jeff_Clark
By Jeff Clark, Senior Editor, Casey’s Gold & Resource Report -“A dollar is worth only 70¢ now,” my Dad jabbered as we worked in the backyard. “And they say it’ll only be worth 50¢ in a few years.”
Thursday, October 15, 2009
End of U.S. Dollar Global Reserve Currency / Currencies / US Dollar
By: Jim_Willie_CB
The heralded end to the Petro-Dollar defacto standard completes the loop, the vicious cycle that will work to destroy the USDollar. In a sense, the US$ had to face an end, its sunset guaranteed when Nixon defaulted on its redemption value. The United States served as custodian for the global reserve currency. Naturally, the most damage will be to the US as a consequence of its twilight, especially after the recent era of fraud & counterfeit. Few look back to that date in 1971 as prophetic for declaring the USDollar’s days as limited and finite.
Thursday, October 15, 2009
Euro Continues Rise Against Weak U.S. Dollar / Currencies / Forex Trading
By: ForexPros
Tomorrow (Oct 15) The US Treasury Department will publish the monthly Treasury International Capital (TIC) Net Long-Term Transactions Report. The report measures the monthly difference in value between US purchases of long-term foreign securities and foreign purchases of US long-term securities.
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Wednesday, October 14, 2009
U.S. Dollar Expected to Continue Slide to New Lows / Currencies / Forex Trading
By: ForexPros
Traders in the U.S await tomorrow's publication of the Department of Labor's monthly CPI measurement (Oct 15).
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services excluding food and energy.
The CPI measures price change from the perspective of the consumer.
It is a key way to measure changes in purchasing trends and inflation in the US.
Wednesday, October 14, 2009
U.S. Dollar Develepments, The Most Critical Financial Developments of Your Lifetime… / Currencies / US Dollar
By: Larry_Edelson
Make no mistake about it. The developments over the last three weeks affecting the U.S. dollar — which continues to sink in value — are the most critical financial developments of your lifetime.
The U.S. dollar has now entered the final days of its reign as the world’s reserve currency.
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Wednesday, October 14, 2009
Deflation Threat to Quantitative Easing Currencies / Currencies / Forex Trading
By: Ashraf_Laidi
Even the tumbling USD has hit a 5-month high against the British pound. Such is the state of the deteriorating GBP as UK CPI hits a 7-year low at 1.1%.
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Wednesday, October 14, 2009
U.S. Dollar Loses Reserve Status to Yen and Euro, NOT / Currencies / US Dollar
By: Mac_Slavo
The New York Post is reporting that the Dollar loses reserve status to yen & euro.
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Tuesday, October 13, 2009
Abandoning the USS Dollar, As Gold Shines Again / Currencies / US Dollar
By: Jennifer_Barry
Robert Fisk's article in The Independent on October 6, “The Demise of the Dollar,” has created many shock waves in the currency markets. Fisk reported that major Arab nations are secretly planning to dump the current petrodollar scheme in favor of pricing oil in a basket of currencies. Included in this basket will be the yen, yuan, euro, a new, pan-Arab currency, and gold bullion. Co-conspirators include Saudi Arabia, Russia, Brazil, China, France, and the formerly compliant Japanese. This validated my July prediction that the Persian Gulf states will eventually accept yuan in exchange for oil.
Tuesday, October 13, 2009
British Pound A Major Disaster Just Waiting to Happen? / Currencies / British Pound
By: Garry_Abeshouse
Iit may be an important key to events that will be played out over the coming weeks and months. Firstly, the long term chart (courtesy of www.sharelynx.com) shows the price going back to 1971. Important to notice here is the 1982 – 1985 fall from 2.4 to near parity, just above 1.0. Read full article... Read full article...
Tuesday, October 13, 2009
Two Ways to Profit on a Huge New Currency Trend / Currencies / Forex Trading
By: DailyWealth
Tom Dyson writes: The Reserve Bank of Australia hiked its interest rate this week...
This was a big piece of financial news. Central banks around the world have been cutting rates for two years, and interest rates are as low now as they've ever been.
Tuesday, October 13, 2009
Euro and Yen Currency Trading for 13th October / Currencies / Forex Trading
By: ForexPros
As expected, the Euro jumped after breaking 1.4725, but the rise stopped just above 1.48, exactly like what happened last Thursday (yesterday's high 1.4812, Thursday's high 1.4816). It seems like reaching the resistance area 1.4808-1.4816 has become a problem for the Euro, since it failed twice at the same area.
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Tuesday, October 13, 2009
Will Japanese Government Intervene to Weaken the Strong Yen? / Currencies / Japanese Yen
By: Bryan_Rich
In the summer of 2007, Bear Stearns confessed it had spent $3.2 billion bailing out two of its funds that were exposed to the sub-prime market. At the same time, the yen carry trade marked its top. Soon thereafter, Bear Stearns went belly up, and the needle on the world’s sentiment shifted towards risk aversion.
Monday, October 12, 2009
Euro Rally Halts at Resistance, Probability of Downside Grows / Currencies / Forex Trading
By: ForexPros
The Euro stopped at the resistance established in Friday's report 1.4772 with amazing accuracy, a stop which was a signal that we are heading to areas below 1.47. And now, there is a resistance that combines the rising trendline drawn from 1.4566, and the falling trendline drawn from 1.4816, and is currently at 1.4725, if price stay below it, we are heading south.
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Friday, October 09, 2009
Geitner, Summers, AND Bernanke Lobbying for the U.S. Dollar / Currencies / US Dollar
By: Mike_Paulenoff
All I can say is that when you have Geitner, Summers, AND Bernanke all chiming in with comments about the need for a strong dollar, smart money listens – and dumb money had better be prepared for some wicked volatility (against their short position). In the extremely interventionist world in which we find ourselves, my sense is that you really need to reevaluate a short dollar position when the three highest US financial market officials are telling you that they don’t like your attitude.
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Friday, October 09, 2009
Will Euro/ British Pound Bulls Pause for Breath? / Currencies / British Pound
By: Seven_Days_Ahead
An impressive upmove in EUR/GBP has shaken off medium term bear risk, we believe – any pullbacks now will most likely be temporary/corrective ahead of further upside. It is worth looking at the current technical position, and supports to any slip back. Read full article... Read full article...
Friday, October 09, 2009
Death of the U.S. Dollar, Again: Before You Mourn, See This Chart / Currencies / US Dollar
By: EWI
The following article is based on analysis from Robert Prechter’s Elliott Wave Theorist. For more insights from Robert Prechter, download the 75-page eBook Independent Investor eBook. It’s a compilation of some of the New York Times bestselling author’s writings that challenge conventional financial market assumptions. Visit Elliott Wave International to download the eBook, free.
Thursday, October 08, 2009
Gerald Celente, U.S. Dollar’s Demise Will Be Felt Worldwide / Currencies / US Dollar
By: Submissions
If the dollar collapses, it would spell economic disaster not just for the United States, but for the world, says Gerald Celente, director of the Trade Research Institute.
“It is more than just the demise of the dollar – this is going to be felt worldwide. There’s a major financial crisis ahead. The United States, the world’s superpower, is failing on its most basic level,” Celente told RT.
Thursday, October 08, 2009
Death of Petro-Dollar, Told You So / Currencies / US Dollar
By: Jim_Willie_CB
The story hit like a thief in the night, even bearing Biblical proportions. The end of the exlusive sale of MidEast oil in USDollars, the rise of Russian and Chinese influence in the Persian Gulf, the rise in importance for the Intl Monetary Fund basket of currencies, the final clarion call for the free ride by Americans on the Dollar Credit Card, and hidden implications that the Saudis must shop for a new security lord in the region with broad military might, these are revolutionary steps with profound geopolitical implications.
Thursday, October 08, 2009
Euro Dollar and Yen Currency Trading for 8th October / Currencies / Forex Trading
By: ForexPros
First we would like to draw your kind attention to the ECB rate decision that will come out later today, and to president Trichet's news conference that will follow. The Euro advanced to 1.4761 before retreating back to 1.4682. And with that, 1.4776 became the most important resistance for the short-term, and the key to reach new tops. If broken, the Euro will be able to reach areas above 1.48 within 24 hours after the break, first of which is 1.4824, then new highs above the tops of September 22nd & 23rd, the most attractive of which is 1.4901.Read full article... Read full article...