Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, May 10, 2013
Dollarize Argentina Now / Currencies / Fiat Currency
By: Steve_H_Hanke
Argentina is once again wrestling with its long-time enemy, inflation. Now, it appears history may soon repeat itself, as Argentina teeters on the verge of another currency crisis.
As of Tuesday morning, the black-market exchange rate for Argentine pesos (ARS) to the U.S. dollas (USD) hit 9.87, meaning the peso’s value now sits 47.3% below the official exchange rate. This yields an implied annual inflation rate of 98.3%.
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Wednesday, May 08, 2013
Why Now's a Good Time to Invest in the Chinese Yuan Currency / Currencies / China Currency Yuan
By: Money_Morning
Ben Gersten writes: It's only a matter of time before the U.S. dollar loses its more than 50-year reign as the world's dominant reserve currency, and it will be replaced by the Chinese yuan.
From January 2012-January 2013, transactions in yuan grew 171% in value, moving the yuan ahead of the Russian ruble to 13th place in global currency payments, up from 20th last year.
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Wednesday, May 08, 2013
Currency Wars Winners and Losers / Currencies / Fiat Currency
By: Axel_Merk
Who is winning the “currency wars”? Our take on the greenback, yen, sterling, euro and gold:
Wednesday, May 08, 2013
USD Index Forming A Bullish Reversal Pattern / Currencies / US Dollar
By: ForexPros
The USD index reversed higher last week from 81.32. This appears to be a first impulsive structure that is part of a larger and new bullish cycle for the dollar.Read full article... Read full article...
Monday, May 06, 2013
The Eurozone Crisis Goes Viral / Currencies / Global Debt Crisis 2013
By: Andrew_McKillop
END OF AUSTERITY - END OF THE EURO
Oskar Lafontaine, Germany's Economy minister in 1999 when the euro was introduced, said this weekend on the parliamentary website of Germany's Left Party that Angela Merkel will "awake from her self-righteous slumber" once the deeply troubled PIIGS countries unite, possibly led by France's Francois Hollande, to wrest control of the Eurozone's crisis policy, at Germany's expense.
Thursday, May 02, 2013
GBP/USD Trying To Form Bearish Reversal / Currencies / British Pound
By: ForexPros
On cable we can count five completed waves-up in wave C that show signs of a top around 1.5606 because of the ending diagonal in wave 5, divergence on the RSI and now also accelerating price action below the trading channel, which suggests the pair is in the early stage of a minor wave (iii).
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Wednesday, May 01, 2013
Warning U.S. Dollar Collapse Underway, Massive Shortages in Gold and Silver / Currencies / US Dollar
By: Toby_Connor
I've been pointing out for several months now that the recent rally in the dollar was a mirage, an illusion generated by the yen, euro, pound, and Canadian dollar all dropping into yearly, or intermediate cycle lows together. This selling pressure in the four major currencies that make up the dollar index spawned what looked like a strong dollar.
Wednesday, May 01, 2013
The Rising U.S. Dollar Myth / Currencies / US Dollar
By: Axel_Merk
Year-to-date, the U.S. dollar is up; does that mean we are in a rising dollar environment? Or is it an opportunity to diversify out of the greenback?
Monday, April 29, 2013
Bitcoin Hyperinflation?, An Interview with Jesus / Currencies / Bitcoin
By: Mike_Shedlock
Of all the topics that readers have pleaded me to write about for months but I never did until now, "bitcoins" are at the top of the list.
In private emails, I stated on many occasions "bitcoins are a scam". I now take that back, "scam" is not the correct word. Others whose opinions I highly respect, state the same thing.
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Sunday, April 28, 2013
GBP/USD Corrective Rally Could Extend To 1.56 / Currencies / US Dollar
By: ForexPros
The GBP/USD finally broke higher on Thursday, after a recent unsuccessful push through the lower support line connected from early March lows. Notice that the pair closed well above 1.5407 trend-line on Thursday, which sets a stage for a new impulsive rally, now towards the 1.5500/1.5600 area.
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Wednesday, April 24, 2013
Jim Rogers On Central Bankers Currency Debasement "Race to Insanity" / Currencies / Fiat Currency
By: Money_Morning
William Patalon writes: If you are invested in the lofty stock markets of the United States or Japan, legendary investor Jim Rogers has a message for you ...
Euphoric gains always lead to hangover pains - it's just a matter of when.
"This is artificial, as I've [repeatedly] said," Rogers told Money Morning during an exclusive interview Sunday night. "This is the first time in recorded history where nearly all the central banks in all countries are pumping out lots of money, debasing their currencies, printing money. I've never seen this in history, and now we've got everybody - or nearly everybody - doing it."
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Sunday, April 21, 2013
Classic Cars the Fun Antidote to Money Printing? / Currencies / Fiat Currency
By: Submissions
Malcolm Frost writes: It was Winston Churchill who famously reminded us, “destiny calls and we must obey”. Well, at the very least, us lesser mortals must comment. So fingers and keyboard come together to put electronic pen to screen on an issue of great potential importance to all car lovers: “motoring during monetisation”. So what exactly do we mean by “monetisation”? Well, to put things more crudely, we are referring to sneaky debt-default by governments various. By now we should all know the form. Politicians of every hue have run up levels of debt that can never be repaid (or can they?). Similarly, consumers are literally awash with red ink having paid ridiculous multiples of income for housing and having indulged in probably the biggest orgy of consumption in history.
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Friday, April 19, 2013
U.S. Dollar and Assets - America’s ‘Exorbitant’ Privilege Will Continue / Currencies / US Dollar
By: Richard_Mills
In July 1944, delegates from 44 nations met at Bretton Woods, New Hampshire - the United Nations Monetary and Financial Conference - and agreed to “peg” their currencies to the U.S. dollar, the only currency strong enough to meet the rising demands for international currency transactions.
Member nations were required to establish a parity of their national currencies in terms of the US dollar, the "peg", and to maintain exchange rates within plus or minus one percent of parity, the "band."
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Thursday, April 18, 2013
The Bitcoin Money Myth / Currencies / Bitcoin
By: Frank_Shostak
Many economists and financial commentators believe that in the unregulated market of the internet economy, new forms of money can be created that bypass central-bank and government supervision. The latest development is the emergence of a new electronic means of exchange, Bitcoin (BTC). Bitcoin was launched on January 3 2009 by its inventor, a programmer called Satoshi Nakamote.
Wednesday, April 17, 2013
U.S. Dollar DownTrend Confirmed / Currencies / US Dollar
By: Toby_Connor
Just another quick post tonight. As I have been saying for over a year now, the dollar will not make new highs, and it will collapse as the consequences of QE infinity ultimately take their toll.
Today the dollar confirmed that an intermediate degree decline has begun by closing strongly below the previous daily cycle low. A new pattern of lower lows and lower highs has now begun. (Although the dollar is due for a bounce sometime soon, but it should fail to make new highs and quickly continue the pattern of lower lows and lower highs.)
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Wednesday, April 17, 2013
Bitcoins Risk Reward / Currencies / Fiat Currency
By: BATR
Money is supposed to be a store of value. After the recent collapse in the dollar convertible price of Bitcoins, the inevitable scrutiny in the viability of the monetary system is warranted.
The official description of Bitcoin states: Bitcoin is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority managing transactions and issuing money carried out collectively by the network. Purported myths and ground rules on how the alternative currency operates, provides calculated reading. Whether this accounting system can or would be accepted as an credible medium of exchange on any large scale is certainly an open question.
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Saturday, April 13, 2013
Bitcoin Money of the Future or Old-Fashioned Bubble? / Currencies / Fiat Currency
By: MISES
Patrik Korda writes: Bitcoin has been all the rage lately. The stuff, or lack thereof, runs on peer-to-peer technology, is fully decentralized, has no patents, and is open source. Currently, there are almost 11 million bitcoin units in existence and the maximum amount of bitcoin units that will ever be created by the logic of its design are 21 million. For more details on how they work, see the recent Mises Daily “The Money-Ness of Bitcoins” by economist Nikolay Gertchev.
Friday, April 05, 2013
China’s Attack on the U.S. Dollar / Currencies / Fiat Currency
By: Investment_U
Carl Delfeld writes: The greenback gets no respect these days.
The latest “sky is falling” event for the U.S. dollar is a plan to make the Chinese yuan and Australian dollar freely convertible into each other. As of now, the Chinese currency is only convertible into the Japanese yen and U.S. dollars.
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Thursday, April 04, 2013
Is Bitcoin New World Order Plot For A World Currency? / Currencies / Bitcoin
By: Jeff_Berwick
Justin O’Connell writes: As a general rule, if anything is covered en masse by the mainstream media, then I tend to believe that which I am watching is actually one long promotional spot.
The same could potentially be said for Bitcoin as over the past months its popularity has grown so much that “anarcho-capitalist...Libertarian...Freedom Fighter against mankind’s two biggest enemies, the State and Central Banks,” Dollar Vigilante Chief Editor, Jeff Berwick, has been on CNBC, CNN, Fox News, and BBC, and other mainstream outlets.
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Thursday, April 04, 2013
Is Now the Time for Japanese Yen Bears To Get Back In? / Currencies / Japanese Yen
By: Simit_Patel
We've been making the bear case for the Yen for some time now -- see our Japan archive, and our Guide to the Japanese Debt Crisis. Over the past three weeks -- since March 11 to be precise -- the Yen has been strengthening. Which begs the question: when will be a good time for Yen bears to speculate on the resumption of a downwards trend? Or is a larger move to the downside still to come?
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