Category: US Dollar
The analysis published under this category are as follows.
Thursday, April 23, 2009
U.S. Dollar Setting up for a Decline Into End of Month / Currencies / US Dollar
By: ForexPros
The USD suffered a violent whipsaw today first rising to highs during early New York trade before reversing to make lows against some pairs and end mixed. Rising to highs against the GBP, low prints were hit early as stops and aggressive selling dropped the rate to a low print 0f 1.4395 before short-covering and aggressive buying lifted the pair back to the 1.4500 handle to hold around 1.4510/20 area most of the day.
Sunday, April 19, 2009
Global Deflation and Currency Manipulation Boosts the U.S. Dollar / Currencies / US Dollar
By: Money_and_Markets
Bryan Rich writes: This week there was plenty of data to digest from the financial markets and the overwhelming theme was — more of the same.
If you missed it, here’s a run-down …
Read full article... Read full article...
Friday, April 17, 2009
Fed Using Currency Swaps to Boost the U.S. Dollar / Currencies / US Dollar
By: Eric_deCarbonnel
Currency swaps are of reciprocal currency agreements (swap facilities) between central banks. The officially purpose of such agreements are explicitly of short term and are intended to finance short-term capital flows believed to be seasonal or temporary in nature. Swap agreements are also misused to facilitate large interventions in foreign exchange markets, which is what is occurring with the dollar today.
Wednesday, April 15, 2009
U.S. Dollar Doomed as Global Demand for Dollars Slows / Currencies / US Dollar
By: Money_and_Markets
Happy Tax Day! As you fork over money to the IRS, you might want to take a closer look at the U.S. dollar. It could very well be turning into a ticking time bomb inside your wallet.
Sunday, April 12, 2009
Are the U.S. Dollar's Safehaven Days Numbered / Currencies / US Dollar
By: Money_and_Markets
Bryan Rich writes: It’s not hard to understand the relationship of the dollar with human emotions like greed and fear. And that relationship is rarely more visible than it is today …
When investors are willing to take on more risk, stocks, emerging market currencies and commodities all bounce. On the other hand, when fear is prevalent, the dollar soars, Treasuries take off, and gold starts sniffing towards $1,000 an ounce.
Wednesday, April 08, 2009
U.S. Dollar Rally Lacks Conviction / Currencies / US Dollar
By: ForexPros
The USD held gains today as risk-aversion in equities prompted dollar-buying pushing the majors into key S/R at the start of the day. Although the Greenback is higher across the board today volumes were lighter and traders noted quality buying of the majors into the lows. Confirmed sovereign and semi-official names were seen buying EURO and GBP on the dips holding those pairs off their early New York lows. Read full article... Read full article...
Friday, April 03, 2009
U.S. Dollar Devaluation is Inevitable, Just Like 1934 / Currencies / US Dollar
By: Submissions
Vronsky writes: It is evident to all the US economic environment is an unmitigated disaster. In fact we seem to be hell bent for leather falling into another Great Depression (the recent Bear Market Rally in Wall Street notwithstanding). This begs the question: What can President Obama do to avert the excruciatingly sad events of the 1930s?
Here are the economic problems causing havoc today in the USA:
Read full article... Read full article...
Thursday, April 02, 2009
The G20's Hidden Agenda of Devaluing the U.S. Dollar to Inflate Asset Values / Currencies / US Dollar
By: Money_and_Markets
Larry Edelson writes: I'm buried monitoring the markets … scrutinizing them virtually 24/7 … checking every piece of news I can get my hands on.
I also have three Dollar Index charts on my trading screen: A monthly chart, a daily chart, and a 60-minute chart to check the short-term moves.
Read full article... Read full article...
Tuesday, March 31, 2009
U.S. Dollar Supported by Risk Averse Global Capital Flows / Currencies / US Dollar
By: Money_and_Markets
Jack Crooks writes: Last week's big news: The Federal Reserve announced they'd “officially” take up quantitative easing to finance the massive stimulus spending.
The Fed's decision to buy long-term Treasuries, soak-up more mortgage debt and open up the Term Asset-Backed Securities Loan Facility (TALF) for the sake of consumers and small business inspired optimism …
Read full article... Read full article...
Monday, March 30, 2009
U.S. Dollar Index Stabilizes in April and Sell off in May / Currencies / US Dollar
By: Donald_W_Dony
Though the longer-term picture for the U.S. Dollar Index appears bleak, with a downside target of $0.80 to $0.81 by June, models suggest the short-term outlook indicates some upward pressure building in April. Resistance is set at $0.8670 during this expected advance. Monty Carlo simulation supports the models outlook with a 95% probability that the currency will trade outside of the $0.70 to $0.83 band over the next 100 days. Read full article... Read full article...
Tuesday, March 24, 2009
U.S. Dollar Imminent Collapse.. Again? - Update 5 / Currencies / US Dollar
By: Nadeem_Walayat
The fall in the U.S. Dollar in the wake of the "Quantitative Easing" headlines has brought the Dollar collapse proponents back out of hibernation. However the actual dollar trend has shown little if any deviation from the road map of 20th Jan 09 as illustrated by the below original price chart which therefore at this point in time does not warrant an indepth update.Read full article... Read full article...
Monday, March 23, 2009
Currency Market Mayhem Amdist Stocks Bear Market Short Squeeze Rally / Currencies / US Dollar
By: David_Petch
Currency mayhem this week caused a rally in most commodities as the US dollar broke trend line support and headed lower in a sharp decline. Analysis today will clue into the expected trend of the US dollar over the coming weeks ahead. Read full article... Read full article...
Sunday, March 22, 2009
U.S. Dollar as the World’s Only Reserve Currency is illegal / Politics / US Dollar
By: Pravda
A new world currency must be created under the aegis of the United Nations Organization, Kazakhstan's President Nursultan Nazarbayev stated during his speech at the 21 st Congress of the Eurasian Association of Universities in Astana.Read full article... Read full article...
Thursday, March 19, 2009
U.S. Fed Buying Treasuries Triggering Massive Exodus Out of U.S. Dollar / Currencies / US Dollar
By: ForexPros
Is everybody happy? The US Fed today announced that they will be buying US Debt in huge amounts starting today and the result was a massive exodus out of the USD. Equities responded positively although more will need to be seen if investors view the progress as net-positive for equities near-term. Read full article... Read full article...
Wednesday, March 18, 2009
Economic Reflation Investing – Which Currencies Benefit? / Currencies / US Dollar
By: Axel_Merk
Reflation refers to policy makers' attempts to “reflate” the economy, to prop up what many would consider a broken system. Federal Reserve (Fed) Chairman Ben Bernanke made it very clear in his March 15 interview on 60 Minutes that he will attempt to stem the tide of market forces: Read full article... Read full article...
Monday, March 09, 2009
British Pound Plunged Through Support Levels Towards Fresh Dollar Lows / Currencies / US Dollar
By: ForexPros
The USD is higher this morning after a slow start on the defense in Asia, the majors making the best levels of the day ahead of European trade. The Greenback is making fresh highs against the majors in early New York as technical trade and cross spreaders pressure to the upside. Overnight equities markets were lower adding to the upside as well. Read full article... Read full article...
Thursday, March 05, 2009
US Dollar Shines in a Depression as China buys Metals / Currencies / US Dollar
By: Gary_Dorsch
“De-leveraging” and “Risk Aversion” are the buzzwords cited by many currency analysts, to explain the puzzling strength of the US-dollar, which has climbed by more than 20% since last July, despite the widely held view, that top Wall Street banks are insolvent and only surviving on artificial life support, and with the flow of credit badly constrained, the US economy is spiraling towards a “Great Depression.” Read full article... Read full article...
Wednesday, March 04, 2009
U.S Dollar Short-term Strength, Long-term Collapse / Currencies / US Dollar
By: John_Browne
When President Obama took over the reins of government just six weeks ago, he stood at a historic crossroads. His decision on which route to take will make a profound impact on the future of the American economy and its currency. He could have persuaded a frightened Congress to initiate a structural change that would transform the U.S. economy from its dependence on debt-fueled personal consumption back to a path of productive growth. Instead, he took the easy route: attempting to delay the pain with stimulus and inflation, rewarding his benefactors without truly addressing our structural deficits. Disappointing for a man who campaigned on ‘hope' and ‘change.'Read full article... Read full article...
Saturday, February 28, 2009
U.S. Dollar Bears: Be Very Careful / Currencies / US Dollar
By: Money_and_Markets
Jack Crooks writes: The rest of the world cannot yet decouple from the United States' economy.
Excessive deleveraging of U.S. dollar-based credit is the sure sign that investors have come to understand this fact. They've pulled in extreme amounts of capital in search of a safe place to stash their cash. Read full article... Read full article...
Monday, February 23, 2009
U.S. Dollar Bullish Outlook Throughout 2009 / Currencies / US Dollar
By: David_Petch
US Dollar Index - The daily chart of the US Dollar Index is shown below, with the upper 21 and 34 MA Bollinger bands riding the index, suggestive that further upside should be expected. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K above the %D in all three instances. Based upon the %K curling back above the %D in #1, expect upside strength to continue into the foreseeable future. Read full article... Read full article...