Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, March 20, 2015
Sharp Fall In USD Index And Its Implications / Currencies / US Dollar
By: Nadia_Simmons
Yesterday, Ms. Yellen said that the Federal Reserve will likely raise interest rates later this year, but it will not occur after the FOMC next meeting in April. She also added that the decision will depend on the data. In response to this announcement the USD Index reversed and dropped below the barrier of 100, accelerating further declines. As a result, the greenback hit an intraday low of 94.77 against the basket of major currencies. What impact did this correction have on their short-term picture?
Wednesday, March 18, 2015
Renminbi The Market is Simply NOT Expecting This to Happen / Currencies / China Currency Yuan
By: Submissions
Miha Zupan writes: To succeed in investing you essentially have to beat the majority of other investors. This will not be achieved by thinking like everyone else. You will have to think and act differently to everyone else.
How do most people think when it comes to trading, or at least what do they spend most of their time on? The majority spend their time attempting to determine what will happen in the future? Very few think about risk and reward. That is, how much will I make if I am right versus how much will I lose if I am wrong! Yes, to succeed you must think more about payoffs of future events not the future itself.
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Sunday, March 15, 2015
US Dollar Forex Pairs and Gold Chartology / Currencies / US Dollar
By: Rambus_Chartology
When you look at these different currencies you will see some massive topping patterns that reversed their bull markets. You will also see they still have a long ways to go to the downside before this bear market is over. If that is the case then the US dollar has a long ways to go in its bull market.
Lets start with the CAD which broke down from a blue triangle consolidation pattern on Tuesday of this week.
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Saturday, March 14, 2015
Currency Wars - U.S. Dollar Soars, Economy Disappoints / Currencies / US Dollar
By: John_Rubino
The point of competitive devaluation, aka currency war, is that a cheaper currency gives a country several advantages over its trading partners, leading to better growth and generally happier voters. The trading partners, meanwhile, get the ugly mirror image -- slowing growth and disgruntled citizens -- so they eventually respond in kind, with devaluations of their own. If nothing happens to stop the war, everyone's currency ends up being worth a lot less and a whole generation of savers is partially wiped out.
Saturday, March 14, 2015
Bitcoin Price Reversal? / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
IBM might be working on the adoption of blockchain to serve traditional currencies, we read on the Reuters website:
Read full article... Read full article...International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the "blockchain," to create a digital cash and payment system for major currencies, according to a person familiar with the matter.
Friday, March 13, 2015
Trading the Parabolic U.S. Dollar / Currencies / US Dollar
By: Zeal_LLC
The mighty US dollar has been red-hot in March, rocketing higher on the incredible divergence of major central-bank policies. While the Federal Reserve’s first rate-hike cycle in 9 years looms, the European Central Bank has started aggressively monetizing sovereign debt for the first time ever. The resulting yield differential has catapulted the dollar parabolic, portending a major reversal and fantastic trading opportunity.
Currency trading is the biggest financial market in the world, with trillions of dollars changing hands every day. Yet since major currency price levels generally meander slowly, this massive market lurks beneath the surface with scant limelight. But this month the soaring US dollar and plummeting euro have utterly dominated mainstream financial news. These warring currencies’ huge price moves have been epic.
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Friday, March 13, 2015
Lessons of History, Part 1: Not a Mention of Money / Currencies / Fiat Currency
By: John_Rubino
I’m listening to the audio version of George, Nicholas and Wilhelm: Three Royal Cousins and the Road to World War I, written by Miranda Carter and brilliantly narrated by Rosalyn Landor. It’s the story of some almost supernaturally dysfunctional governments blundering into a war that seems more rather than less crazy with the passage of time.
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Thursday, March 12, 2015
U.S. Dollar, Euro May be in a Reversal / Currencies / Euro
By: Anthony_Cherniawski
The US dollar hit its Master Cycle high overnight, rising to 100.05 before dropping down to an early morning low of 98.65. The reversal is coming very late at day 254 in the current Master Cycle. This leads me to believe that there may be a strong down draft in USD over the next 3 weeks.
USD/JPY is retreating this morning. It is still at 120.94 after reaching a high of 122.02 on Monday. The Yen carry trade will likely start to unwind beneath USD/JPY 120.00.
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Thursday, March 12, 2015
U.S. Interest Rate Hikes Already Priced into the US Dollar Index / Currencies / US Dollar
By: EconMatters
Buy the Rumor, Sell the News
All those bemoaning what rate hikes could potentially portend for the US Dollar need to get a grip, the rate hikes are already priced in. That`s how markets work, buy the rumor and sell the news or actual event. Moreover, not just one 25 basis point rate hike, taking a look at that chart, several rate hikes have already been priced into the US Dollar Index.
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Wednesday, March 11, 2015
Is There a Shortage of U.S. Dollars? Will it Sink the Global Economy? Again? / Currencies / US Dollar
By: Mike_Shedlock
Reader Patricia is wondering about a recent ZeroHedge article, The Global Dollar Funding Shortage Is Back With A Vengeance And "This Time It's Different".
Read full article... Read full article...The last time the world was sliding into a US dollar shortage as rapidly as it is right now, was following the collapse of Lehman Brothers in 2008. The response by the Fed: the issuance of an unprecedented amount of FX liquidity lines in the form of swaps to foreign Central Banks. The "swapped" amount went from practically zero to a peak of $582 billion on December 10, 2008.
Wednesday, March 11, 2015
Forex Traders: The Only Question You Should Be Asking / Currencies / Forex Trading
By: EWI
Elliott wave analysis foresaw the USDJPY's recent rally. Find out what else we're expecting for the world's leading forex markets (plus stocks, gold, oil and bonds) -- absolutely FREE
I can't help it. Whenever I read the mainstream financial news, I feel like I'm eavesdropping on a job interview at Microsoft.
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Wednesday, March 11, 2015
China wants to have a Reserve Currency / Currencies / China Currency Yuan
By: BATR
Common wisdom has China as the future model for the Globalist economy. Also, conventional thinking has the Western financial debt created money system as the backbone of the New World Order. The big question is, are both components of the same intentional plan? When China Has Announced Plans For A ‘World Currency’, the world is put on notice that a fundamental shift is about to take place.
Wednesday, March 11, 2015
How Low Can The Euro Go? Or Is That The Wrong Question? / Currencies / Euro
By: John_Rubino
The euro is tanking again, as the ECB starts buying bonds for its long-promised "whatever it takes" QE program. Today's exchange rate move is dramatic enough to generate headlines like this, from Forbes: Euro Nears Parity With U.S. Dollar
Wednesday, March 11, 2015
Market insight: U.S. Dollar at 11-Year High Against Euro / Currencies / Euro
By: EWI
And why now may not be the best time to bet on the greenback
By Elliott Wave International
Editor's note: You'll find a text version of this story below the video.
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Tuesday, March 10, 2015
Bitcoin Price Still Holding Above $250 / Currencies / Bitcoin
By: Mike_McAra
In short: no speculative positions.
Luqin Wang and Yong Liu, researchers at the NYU Polytechnic School of Engineering, have come up with a paper on the evolution of Bitcoin mining. Their work tackles various aspects of how Bitcoin miners have changed over the life of the network. In a subsection on solo miners, we can read:
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Tuesday, March 10, 2015
Euro Damaged, Kiwi Panics / Currencies / Euro
By: Ashraf_Laidi
A new 12-year low in the euro against the US dollar and another hit to the New Zealand dollar re-emerged in global markets as Greece and the EU put off talks to another day, while stock traders let the shine of Apple's iWatch presentation wane after it was revealed that the battery life of the much awaited accessory lasted no more than 18 hours.
Tuesday, March 10, 2015
Gold, Dollar and the Swiss Surprise / Currencies / Fiat Currency
By: Arkadiusz_Sieron
Let's step back in time. As we all remember, on January 15th, a surprise decoupling from the euro peg caused the Swiss franc to rally up to 23%, an unprecedented move in the currency market. Why was the peg introduced and later removed?
The SNB pegged the franc to the euro on September 6th, 2011, in the very middle of the Eurozone debt crisis. A few peripheral countries, whose debts had been downgraded to junk status, asked for bailouts. Therefore, investors ran from euros and moved into the Swiss franc, a traditional safe haven. The SNB introduced a minimal exchange rate at CHF 1.20 per euro (0.83 euro per franc) in order to resist the currency appreciation (the CHF gained 28% since the beginning of the Global Financial Crisis). Although gradual appreciation is positive and reflects the strength of a currency, sudden capital inflows and exchange rate fluctuations may be quite detrimental, and therefore the SNB began printing and selling francs to keep the currency from exceeding 0.83 euro.
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Monday, March 09, 2015
Currency Wars Deepen - IMF Concedes End to U.S. Dollar Hegemony / Currencies / Currency War
By: GoldCore
- Dollar has declined as reserve currency over past decade from 70% of global reserves to 61%
- Chinese yuan is growing in stature as international currency
- IMF deputy director calls for de-dollarisation in emerging markets
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Thursday, March 05, 2015
Mr. Ponzi – Patron Saint / Currencies / Fiat Currency
By: DeviantInvestor
Mr. Ponzi was a charming con-artist who operated about a century ago in the United States and Canada. He enticed investors to contribute new money to his investment scheme (100% return in 90 days), skimmed a portion for his luxurious needs, and used the remaining money to pay off prior investors. The system worked marvelously until it collapsed and people realized that his postal reply coupon investments could not produce the profits that supposedly paid off early investors.
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Wednesday, March 04, 2015
U.S. Dollar Strategic Backfire On U.S. Government Policy / Currencies / US Dollar
By: Jim_Willie_CB
It is very difficult to find a foreign policy deployed by the United States Govt that has been successful in recent years. In fact, almost all aggressive foreign policy initiatives have resulted in profound losses either in financial strategic position or in alliances with previous staid allied nations. They have almost uniformly backfired, while bravado has mixed with stupidity, while arrogance has blended with futility. The USGovt without given it thought, appears to be acting in reckless manner toward losing its entire set of advantages from a century. The nation has become hollowed out industrially by outsourcing, defrauded in housing mortgages, undermined in banks by derivatives, contaminated in USTreasury Bonds by the wildly applauded QE bond purchase wreckage, tarnished by exported terrorism, tainted by prevalent espionage, and shamed by reliance upon war to defend the USDollar. The US is fast becoming recognized as a rogue nations, but worse, as a nation with stupid leadership. The more aggressive the leadership led by the Manchurian sock puppet plus stage entourage and legion of legislators bound by bank donations, the more rapid the failures, the more rapid the development of USD workarounds, the more rapid the frayed lines to allies, the more rapid the isolation of a once great nation, the more rapid the systemic failure. Witness the climax of the Fascist Business Model, which almost no other analyst seems to emphasize or notice. The effect of fascism upon the financial platforms and economic structure has been profoundly negative. Like all fascist regimes, the attacks are directed to enemies first in direct thefts, then to allies in frauds recognized later, finally to the citizens in hidden pilferage and lost rights. The result is always the same, except for the rhyme of its ruin. The implosion is as loud as the escape flights for leaders, along with their protected off-shore accounts.