Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Thursday, April 24, 2008
“Hallelujah” for the Falling US Dollar?! / Currencies / US Dollar
By: Michael_Pento
Hallelujah, of course, is a word of praise. To use that word to describe the fact that the USD has lost 40% of its value in the last 5 years, however, is economic blasphemy. Yet last week on television I had the pleasure of debating a well known strategist on the fallout of our crumbling currency and his angelic chorus was heard praising the falling dollar because of his belief that it would boost exports, rescue the economy from recession and encourage future GDP growth. Truly, “Hallelujah for the falling dollar!” is exactly what he exclaimed.Read full article... Read full article...
Wednesday, April 23, 2008
Gold US Dollar Trend Divergence-Trading in this Market is No Kids’ Game … / Currencies / US Dollar
By: Black_Swan
This morning, for our Currency Currents Members, we delved upon the divergence between gold and the U.S. dollar. Ultimately, we feel this relationship could prove crucial to the direction the currency market takes now and a short ways down the road.Read full article... Read full article...
Sunday, April 20, 2008
Elliott Wave on Crude and the US Dollar / Currencies / US Dollar
By: Dan_Stinson
Short Term Forecast Update - With a little more action in place, we have an update on the USD and Crude.US Dollar
The USD appears as an ending diagonal triangle pattern, currently in wave 4 of wave (5). The last update indicated that the USD was possibly in a (contracting) triangle but it will likely complete as an (ending diagonal) triangle.
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Wednesday, April 16, 2008
Gold Highs, US Dollar Lows Not for Long / Currencies / US Dollar
By: Mike_Paulenoff
There is a fascinating technical situation in the euro-$ vs. the pattern
exhibited by spot gold prices. All of the action in the euro from March 17
has carved out a "wedge" type of formation, with flag tops and rising lows,
which should resolve itself in one pop to the upside into new high territory
above 1.5915 prior to a powerful and nasty downside reversal.
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Monday, April 14, 2008
Currency Snapshot- Tough Luck for the Canadian Buck… / Currencies / Canadian $
By: Black_Swan
This time last year we were talking about the brilliant run the Canadian dollar was making towards dollar‐parity. Sure enough, in dramatic fashion, the Loonie crossed the $1 mark.
But for much of that historic run, the Canadian dollar traded in a tight negative correlation to the U.S. dollar – the dollar went down as the Loonie went up, or vice versa. It was in August of last year that the correlation began to fall apart. The red vertical line in the following chart marks the spot ...
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Saturday, April 12, 2008
Is a Mexican Peso Currency Correction Overdue? / Currencies / Mexico
By: Black_Swan
While perusing the latest Commitment of Traders Report, published on April 1st, we noticed that among the punters, like us, there was a 95% bullish reading i.e. 95% long open interest says players are positioned for the peso to move higher against the US dollar. This seems a fairly concentrated one-way bet. Often one-way bets lead to corrections, or intermediate-term trend changes.Read full article... Read full article...
Thursday, April 10, 2008
US Dollar Crunch Time / Currencies / US Dollar
By: Black_Swan
‘Dollar’ and ‘Troubles’: two words that seem to go hand‐in‐hand these days. Well, if you’re disturbed about how poorly the dollar stacks up against major world currencies, I have bad news. Things could get much worse.Read full article... Read full article...
Wednesday, April 09, 2008
Has the US Dollar Bottomed? / Currencies / US Dollar
By: Money_and_Markets
Jack Crooks writes: "A bottom in the dollar? Are you kidding me?" are just two of the incredulous questions you might be asking after reading this title. All snickering aside, I do think it's time to start considering something as outlandish as that.
Despite still strong evidence to the contrary, there is compelling logic to suggest that, yes, the buck has bottomed. And if that is in fact the case, a sustained rally in the greenback would certainly present a rather lucrative proposition. Today, we'll delve into that very scenario.
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Tuesday, April 08, 2008
Jim Rogers: More Pain for the Greenback, and the Failure of the Federal Reserve / Currencies / US Dollar
By: Keith_Fitz-Gerald
SINGAPORE - By bailing out Wall Street and applying "band-aids" to the economy, the U.S. Federal Reserve may well be causing its own downfall - even as it hastens the demise of the greenback as a viable global currency, investment guru Jim Rogers told Money Morning during an exclusive interview.
Because of such strategic missteps, U.S. consumers could be facing a long and painful economic malaise, similar to the "lost decade" of 1990s Japan, or the stagflation-riddled 1970s in the United States, Rogers said.
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Saturday, April 05, 2008
US Dollar Major Bottom Forecast Within Next Two Weeks / Currencies / US Dollar
By: Marty_Chenard
This morning's update will look at two U.S. Dollar charts ... short term and long term.
The first is the weekly chart of U.S. Dollar going back to 2005. Very clearly, you can see that it has been in a down trend since 2005. Its descending channel has held steadily all the way down.
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Tuesday, March 25, 2008
What's Up with Asian Currencies? / Currencies / Asian Economies
By: Axel_Merk
With the U.S. dollar reaching new lows versus hard currencies, many are waiting for Asian currencies to catch up. Why hasn't this happened, and will it happen? The short answer is: it might, but be patient and don't bet your farm on it.
To understand Asian dynamics, let's first look at Europe. Remember how many ridiculed European growth earlier this decade? A key factor was the European Central Bank's (ECB's) refusal to jump on the growth bandwagon. As a result, consumer savings went up in Europe, while it headed down in the U.S. While the U.S. economy became increasingly dependent on credit expansion, consumer spending and inflows of money from abroad to support its current account deficit , the euro-zone was far more balanced.
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Tuesday, March 25, 2008
The Collection Agency Weekly Report- Yen Carry Trade / Currencies / US Dollar
By: Mick_Phoenix
Welcome to the Weekly Report. Firstly a big thank you for the interest in this article . From the reaction I have seen, it looks like I put into print what many were thinking. Enough hindsight, let us see what opportunities and risks face us in the coming week, or longer. We take a look at the Financials, looking for weakness and strength, wonder what the Dow has to say and have a look at gold and a few other commodities. We finish with an example of current living standards in the US , thanks to an email sent to me a couple of weeks ago.
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Sunday, March 16, 2008
US Dollar Continues to Get Clobbered by Negative Fundamentals / Currencies / US Dollar
By: Money_and_Markets
Jack Crooks writes: There appears to be no end in sight for the sliding greenback. This dollar of ours is rapidly falling to depths where no dollar has gone before. In fact, to say that it's unclear when we can expect a recovery would be a gross understatement.Read full article... Read full article...
Thursday, March 13, 2008
Gold $1000 Sees Right Through Fed's 'Strong US Dollar Policy' / Currencies / US Dollar
By: Chris_Galakoutis
Imagine that, an entire economy built around the ability of the American consumer to borrow and spend money he can never conceivably pay back. A consumer so gorged in debt that he eventually stops making payments on his mortgage, credit cards and others debts, putting an end to the gravy train ride of the financial institutions that facilitated the funneling of credit to the now beleaguered spender.Read full article... Read full article...
Wednesday, March 12, 2008
Central Banks Liquidity Boost Gives Temporary Lift to the US Dollar and Stocks / Currencies / Financial Markets
By: Ashraf_Laidi
Federal Reserve inaugurated its Term Auction Facility (TAF), the central bank invents a new liquidity driving mechanism calling it Term Securities Lending Facility (TSLF) through which it lends $200 billion to its primary dealers. Recall, the Fed had just extended its lending facilities to 28 days after Friday's dismal labor report. Read full article... Read full article...
Saturday, March 08, 2008
Three Strikes Against the U.S. Dollar / Currencies / US Dollar
By: Money_and_Markets
Outside of my family, the two great loves of my life are currencies and baseball. And there are so many parallels between the two it's not even funny. Take the notion of a "rebuilding season" ...
Here in Florida, I get a chance to closely follow Major League Baseball's spring training — that magical time once a year when fans get an up-close sneak peek into the season ahead.
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Friday, March 07, 2008
Real US Interest Rates and US Dollar Index (USDX) / Currencies / US Dollar
By: Zeal_LLC
After sliding to its lowest levels in history this week, the flagging US dollar has captured the limelight. And it certainly should. The dollar is like nothing else, a critical linchpin that links every market and asset of global importance. The implications of the dollar's fall from grace are profound and universal.
It's funny, as a surprising number of mainstream analysts on CNBC in recent weeks are talking as if this dollar weakness is new. Apparently they have no historical charts. The dollar, as measured by the flagship US Dollar Index (USDX), has been in a secular bear market since July 2001 . It has lost 39.2% of its value since then.
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Sunday, March 02, 2008
US Dollar Plunges! Inflation Surges! Crunch Time for the Money Supply Pumpers! / Currencies / US Dollar
By: Money_and_Markets
Jack Crooks writes: While nearly all eyes on Wall Street were riveted to the Dow's 315-point decline yesterday, the action in the U.S. dollar was even more dramatic, plunging to new all-time record lows!
But I still don't believe we've reached panic time just yet. In other words, you should be open to the dollar going even lower.
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Saturday, March 01, 2008
Like Beauty, the Value of Gold and the US Dollar Are in the Eye of the Beholder / Currencies / US Dollar
By: John_Lee
Like beauty, the value of gold and the dollar are in the eye of the beholder, which at times can be entirely subjective, arbitrary, and irrational. This is much akin to financial speculations throughout history from stamps to sea shells.
Everyone has their theory on why the US dollar is sagging – huge deficits, slowing economy, high inflation, artificially low interest rates, subprime issues etc.
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Friday, February 29, 2008
Currencies Crises- Two Days in September / Currencies / Global Financial System
By: Adrian_Ash
"...The US Dollar's hoped-for decline had now become a rout, driving the greenback down to new all-time lows on its trade-weighted index..."
Saturday, 19th Sept. 1931 - Montagu Norman – governor of the Bank of England – is sailing back to London from a vacation in Canada . He'd felt "under the harrow" since February, and one day in late July had gone home early "feeling queer".
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