Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.Monday, August 31, 2009
British Pound Renewed Weakness / Currencies / British Pound
The Macro Trader’s view: On the 30th July, 4 weeks ago, we wrote a piece entitled “How vulnerable is Sterling”, our conclusion at the time was that we thought it not very vulnerable against the Euro, since we judged, based on available macro economic data available at that time, that the UK looked closer to emerging from recession, than did the Euro zone, and in some respects the UK economy compared favourably against the US economy too.
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Saturday, August 29, 2009
The Power of the U.S. Fed, Deflation and U.S. Dollar Devaluation / Currencies / US Dollar
The non-federal, private federal reserve corporation has a no-bid contract to print money out of thin air and charge U.S. citizens money (interest) for this enormous privilege. Their so-called powers are legion and they are the cause of much distortion and inequality in our economy, to be sure.Read full article... Read full article...
Saturday, August 29, 2009
Global Economic Recovery Good or Bad for the U.S. Dollar? / Currencies / US Dollar
Bryan Rich writes: If you’ve followed my commentary on currencies here in Money and Markets, you are well aware of the risk dynamic that has been driving currencies and other financial markets since the middle of last year.
In this crisis environment, market participants have been keenly focused on risk. And the dollar has served as the primary safe haven vehicle for global capital.
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Friday, August 28, 2009
A New World Currency, The Valun Mutual Money Plan As Conceived By E. C. Riegel / Currencies / Fiat Currency
The current economic crisis has brought into broad focus the failings of Government issued money. As pointed out brilliantly by E. C. Riegel in "Flight From Inflation" and "A New Approach To Freedom", the failure of a fiat currency is that it is issued by institutions that provide no enterprise value and thus cause inflation. Inflation is a tax, pure and simple. Debt monetization is deferred bankruptcy. Bankruptcy leads to usurpation. Usurpation can only lead to either of two ends: war or tyranny. Tyranny will take either of three forms: Socialism, Communism or Fascism. All three metastasize through political money. Its enemy is enterprise money.
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Friday, August 28, 2009
Forex as an investment of the future, What is Forex, what is investing, what is the future? / Currencies / Forex Trading
Origins of Modern Finance - We must reference regulations, because regulations are the framework that the majority of finance operates in. Theories, strategies, and products, which do not fit into regulatory framework, are only hypothetical.
Financial regulations are based on a series of laws created during and after the Great Depression, such as “The Securities Act of 1933” and “The Federal Reserve Act (of 1913) and others. In 1933:
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Thursday, August 27, 2009
British Pound in Precarious Situation, Government Debt Downgrade Coming Soon ? / Currencies / British Pound
A lot has been written lately about a possible US Dollar crash. Currently, however, it looks as if a crash in the world's reserve currency has been averted for the time being. Only EUR/USD trading above 1.44 would put the US Dollar crash alert on yellow again.
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Wednesday, August 26, 2009
EUR/USD - Range Bound / Currencies / Forex Trading
The pair continues to trade within a range starting a few days ago.Read full article... Read full article...
Tuesday, August 25, 2009
The U.S. Dollar is Dying / Currencies / US Dollar
Richard Daughty writes: The Economist magazine had the Buttonwood blog titled “Law of Easy Money,” which immediately gets your hopes up that there is such a thing as “easy money,” which actually exists (just ask Connecticut’s Senator Chris Dodd!), but unfortunately not for guys like you and me who don’t have the political power and grease to extort money and skim taxpayers, which is gratuitously rude and scandalous, I agree, but which only shows the depth of my contempt for the huge, huge, cancerously huge, ridiculously and dangerously incompetent, ignorant and stupid system of governments in America, as exemplified by the despicable Congress and the even more despicable Senator Dodd.
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Monday, August 24, 2009
Bottom Formation for U.S. Dollar? / Currencies / Forex Trading
The next few days of action for the dollar index and the PowerShares DB US Dollar Bull ETF (NYSE: UUP) will be critical to the near- as well as medium-term technical outlook. The ability of the dollar to climb back towards a test of key resistance at 79.50 and 27.70/75 will tell us that the dollar in fact is “using” the month of August to create a significant bottom formation.
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Monday, August 24, 2009
Japanese Yen Fractal Path for the U.S. Dollar? / Currencies / US Dollar
Though I keep hearing how we're different than Japan and their lost two decades of deflation (or as close to it as we seem to get in a fiat world), we are making the same foolish mistakes: protecting the financial/banking keiretsu that caused the current mess, burying the bad debt under a cloak of secrecy, and engaging in a massive quantitative easing campaign to "stimulate" the economy.
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Monday, August 24, 2009
Euro Dollar Minor Support and Resistance Levels / Currencies / Forex Trading
Some minor support and resistance levels have developed. A break of those levels is likely to set the tone for the day.
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Monday, August 24, 2009
U.S. Dollar the Achilles’ Heel of the Worlds Financial System / Currencies / Global Financial System
Bill Bonner writes: The dollar fell to $1.42 per euro yesterday. Many believe it is the Achilles’ heel of the entire world financial system – and Warren Buffett is among them.
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Sunday, August 23, 2009
Canadian Government Economic Stimulus Threatens the Loonie / Currencies / Canadian $
Bryan Rich writes: caught its cold. And the currency of this key U.S. trading partner has since become a victim of the ebb and flow of global risk appetite.
For instance, last year, when uncertainty was high and money fled to the center of the global economy, the U.S. dollar and the Canadian dollar fell sharply.
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Thursday, August 20, 2009
Euro Dollar Rally Stalls at Resistance / Currencies / Forex Trading
1.4260 proved to be a strong resistance level, stalling the EUR surge yesterday. Currently the pair appears to be forming a continuation pattern. But a break below 1.4180 is likely to see a further slide. Support is at 1.4150, 1.4120 and 1.4100.A move higher is more likely at this point. If 1.4260 is exceeded it indicates another move higher. Initial target is 1.4310 followed by 1.4380.
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Wednesday, August 19, 2009
Euro Dollar Just Above Important Support Level / Currencies / Forex Trading
The pair is currently just above an important level between 1.4130-1.4120. A drop below , especially with confirmation from penetration of 1.4100, is likely to test 1.4050. The target and support beyond is at 1.4000.
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Tuesday, August 18, 2009
Euro Pullback Downside Targets / Currencies / Forex Trading
There is a band of resistance between 1.4120-1.4140 which so far has held. There was a downward break from a longer term pattern yesterday, and this is the likely pullback point after the breakout.
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Monday, August 17, 2009
EURO DOLLAR Outlook for Today / Currencies / Forex Trading
The pair is approaching support between 1.4100 and 1.4120. A bounce off this level indicates a move higher to rest resistance between 1.4260 and 1.4280. A break above indicates another move higher and a test of further resistance at 1.4320.
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Monday, August 17, 2009
British Pound Rally Hits the Buffers But Sellers Should be Cautious / Currencies / British Pound
The Technical Trader’s view:
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Sunday, August 16, 2009
U.S. Dollar Unusual Behaviour Despite Continuing Risk Taking Environment / Currencies / US Dollar
Bryan Rich writes: Last week the U.S. reported better-than-expected employment data. And the markets liked it. Stocks rallied. Yields advanced. And the dollar actually moved higher.
A move higher in the dollar on good U.S. economic data might make perfect sense in most environments. But in this crisis environment, it’s unusual …
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Friday, August 14, 2009
Will NZD/USD Currency Bulls Soon Tire? / Currencies / Forex Trading
Continuing the theme from the last FX Update on the US Dollar Index and a possible final downleg unfolding there we look at a similar (but reversed) chart structure in NZD/USD where bulls could be steadily scraping towards the bottom of the barrel..
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