Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Wednesday, July 10, 2013
Do We Need A New Single World Reserve Currency? / Currencies / Fiat Currency
By: Andrew_McKillop
GOLD, CO2 AND THE DREAM OF NEW WORLD CURRENCIES
Gold bugs might think that so-called Currency Wars – a chaotic attempt at competitive devaluation of all major present currencies and the unpublicised main reason for Quantitative Easing – means that gold's supposed 'natural role' as a strong, solid and reliable money standard can only be bolstered by the rush to devalue. However, as we know, gold itself has suffered massive coordinated attacks this year. Recent gold price falls have been so violent – while QE money printing remains so extreme – making it likely the time-hallowed central bankers' action to talk down gold prices, to bolster their fiat paper moneys, is running at a flat out pace. At the same time however, competitive devaluation by the bankers of their fiat paper moneys is also running flat out!
Friday, July 05, 2013
Canadian Dollar Analysis - Potential Emerging Trade / Currencies / Canadian $
By: Michael_Noonan
The volume activity recently caught our eye in the Canadian dollar and prompted a closer
look. Our position is that by following the developing market activity, across a series of
time frames, a story about a potential trade should emerge. What follows are our rough
draft charts, without comments on them, beyond a few initial observations, going from one
time frame to another. All that matters is the conclusion drawn from them.
Trend is always of primary consideration, and the daily seems to be at cross-purposes for positioning in harmony with the trend. Acknowledged and considered.
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Wednesday, July 03, 2013
Why the Rising U.S. Dollar is Still Doomed to Crash / Currencies / US Dollar
By: Money_Morning
David Zeiler writes: Many have wondered - and rightly so - why the U.S. dollar is rising even though the U.S. Federal Reserve has done just about everything possible to debase the currency over the past five years.
Over the past two years, the U.S. Dollar index, which measures the dollar against a basket of major world currencies, is up by more than 12.6%.
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Tuesday, June 18, 2013
GBP/USD Could Reverse Into A Deeper Pull-back, towards 1.5480 / Currencies / British Pound
By: ForexPros
We can count five waves up in wave A) from 1.5000 psychological level on the cable, which means that temporary high for this pair could be near if we consider that correction follows after every five waves.Read full article... Read full article...
Monday, June 17, 2013
A Safe Place for Your Cash... OUTSIDE the U.S. Dollar / Currencies / Canadian $
By: DailyWealth
Dr. Steve Sjuggerud writes: Money flows to where it's treated best... that's one of the surest rules in finance.
And it is key to picking currencies.
Right now, money is treated better in Canada than in just about any other major country on the globe. And with the setup we have today, you could make as much as 27% over the next 12 months.
Wednesday, June 12, 2013
Fierce Selloff in Emerging Market Currencies; India Panic Intervention to Stop Rupee Crash... / Currencies / Forex Trading
By: Mike_Shedlock
... Brazil Steps Up Real Intervention; Root Cause of Crisis
It's hard not to laugh at the irony of recent central bank currency actions.
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After complaining for years about the strength of the Real, the Brazilian central bank stepped up intervention actions hoping to stop a plunge in the currency.
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Turkey now attempts to attract capital after taking measures for the past four years to stop the flow of money into the country.
Wednesday, June 12, 2013
Forex Rigging Scandal and Market Manipulation / Currencies / Market Regulation
By: Jesse
The foreign exchange rigging scandal that is coming to light is very interesting, even in this time of financial scandals and corruption.
Here is the original Bloomberg story on it and you may wish to read it in its entirety.
Wednesday, June 12, 2013
Banks Manipulating Trades and Rigging Benchmarks in Foreign Exchange Markets / Currencies / Market Manipulation
By: Jesse
Are there any markets that have not been corrupted by lax regulation and Banks who have been emboldened in their insatiable greed by the lack of effective enforcement of the rules and equal justice for all?
It is somewhat ironic that this news comes on the revelation that Obama is replacing Gary Gensler, Chairman of the CFTC, for being too aggressive in seeking to regulate the Swaps markets and angering some foreign banks (read London trading operations of the big multinational banks). London has become a favored haven for corrupt financial practices.
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Tuesday, June 11, 2013
U.S. Dollar At Risk? Case for Profiting from Managing Currency Risk / Currencies / US Dollar
By: Axel_Merk
The “cleanest” dirty shirt, the U.S. dollar, is down versus the euro so far this year; and was down last year. Yet, S&P, in upgrading the credit outlook of the U.S., cites U.S. dollar strength. If this is a strong dollar environment, are investors prepared for a weak one? With plenty of dirty laundry in the world, we ponder how investors might be able to profit from actively managing currency risk.
Tuesday, June 04, 2013
Sell the U.S. Dollar? Case for Hard Currencies / Currencies / US Dollar
By: Axel_Merk
The Fed’s “tapering,” the dollar’s up, bonds are down. Is this time to bet on the greenback, or to diversify out of the dollar? We believe the dollar may not only have gotten ahead of itself, it also rallied for the wrong reasons. Only the future will tell whether this is an opportunity to sell the dollar, but we can look at risks and opportunities presented.
Friday, May 24, 2013
Global Currency Devaluation Derby Where the Biggest Loser Wins / Currencies / Currency War
By: Peter_Schiff
While the world's economies jockey one another for the lead in the currency devaluation derby, it's worth considering the value of the prize they are seeking. They believe a weak currency opens the door to trade dominance, by allowing manufacturers to undercut foreign rivals, and to economic growth, by fighting deflation. On the other side of the coin, they believe a strong currency is an economic albatross that leads to stagnation. But the demonstrable effects of currency strength and weakness reveal the emptiness of their theory.
Monday, May 20, 2013
Gold, US Dollar Index and 3 Currency Market Forecasts / Currencies / Forex Trading
By: David_Petch
This article was posted for the benefit of subscribers on Wednesday, May 15th, 2013. I have included one Elliott Wave count of gold at the very end...it is not important to understand the wave count, just the implied direction, which should be hinted at the US Dollar Index. I was following a pattern for 5 years that changed due to one small thing that happened and was discussed for a few months now. Since it happened, it was a game changer and has important consequences for everything going forward. The Contracting Fibonacci Spiral that I discovered nearly two years ago is approaching its extended time post of May 21st, 2013 and if it extends further, the potential downside will be faster and see a compression in time for what the potential downside is. I would encourage everyone to at least read this article and try to understand the big picture, because it is one of the most important articles I have written in the past two years.
Monday, May 20, 2013
EUR/USD: Bearish Cycles Remains In Play / Currencies / Euro
By: ForexPros
The EUR/USD reversed slightly higher on Thursday from 1.2840 support but not for long. Recovery found resistance very soon, so it was probably just a fourth wave within larger wave 3 down. Our bias remains unchanged and we are looking for a weaker EUR/USD, towards 1.2800 as a next projected target, where we could see a temporary low and a wave 4 pull-back. Short-term critical level is at 1.2935, as wave four must not trade into the territory of a wave one.Read full article... Read full article...
Friday, May 17, 2013
US Dollar Ends Another 9 Year Down Cycle / Currencies / US Dollar
By: Ashraf_Laidi
Recent rallies in Non-USD currencies resulting from poor US data have not lasted long. And those rallies resulting from strong US figures via the indirect effect of rallying equities (risk-on) have not lasted either. Broadening pro-USD sentiment may stay for longer than we had thought as the US dollar index has exited from another 9-year down cycle.
Friday, May 17, 2013
Dollar Crisis, the Coming Collapse of US Global Hegemony / Currencies / US Dollar
By: Pravda
Colin Todhunter writes: The US is bankrupt. Yet Uncle Sam continues to stride the world stage and can simply print more money to get by because the dollar is the world's reserve currency. Remove it as the reserve currency, and the US will no longer be able to remain supreme or fund its wars by relying on what would then be a worthless paper currency. Today, more than 60 percent of all foreign currency reserves in the world are in US dollars, and the US will attempt to prevent countries moving off the dollar by any means possible.
Thursday, May 16, 2013
USD/CHF: Corrective Pull-back Within Uptrend Elliott Wave Forecast / Currencies / Forex Trading
By: ForexPros
USD/CHF reversed lower yesterday from around 0.9750 which however is not a surprise if we respect the structure from 0.9242 which was clearly made in five waves, and we know that after every five waves correction follows.
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Thursday, May 16, 2013
U.S. Dollar Collapse and Japan’s Sham Currency War / Currencies / Currency War
By: Matthias_Chang
US$ dollars have been flooding the financial markets ever since Bernanke launched quantitative easing allegedly to turnaround the US economy. These huge amounts of US$ toilet paper are mainly in financial markets (and in central banks) outside of the United States. A huge chunk is represented as reserves in central banks led by China and Japan.
If truth be told, the real value of the US$ would not be more than a dime and I am being really generous here, as even toilet paper has a value.
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Wednesday, May 15, 2013
Don't Bet Against a Surging U.S. Dollar / Currencies / US Dollar
By: Money_Morning
Ben Gersten writes:
In the midst of a brewing currency war, Japan's out-of-control monetary policy has caused the yen to fall to an almost five-year low against the U.S. dollar.
With an economy one-third the size of that of the United States, Japan has committed itself to a fiscal program that's almost double the U.S. Federal Reserve's current $85- billion a month stimulus.
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Tuesday, May 14, 2013
Japanese Government Green Light to Crush Yen, How High Will U.S. Dollar Fly? / Currencies / Japanese Yen
By: Gary_Dorsch
The Wise Sages of Ancient days used to say, “The fate of a Liar, is that nobody believes him, - even when he’s speaking the truth!” Such is the predicament of Japan’s propaganda artists, including the Prime Minister, the Finance minister, and central bank chief, who are all trying to cover-up their boldest scheme yet, to crush the value of the Japanese yen, against the currencies of its major trading partners. On May 11th, the finance chiefs of the Group of Seven (G-7) gave Tokyo the green light to continue with its radical QE scheme, which has already led to a -24% devaluation of the yen against the US-dollar, and a -33% devaluation against the Euro, since market savvy traders first got wind of the plot in late November.
In an age when ruling coalitions of every political stripe distort the truth to promote their self interests, it’s hardly surprising that Japan’s ruling LDP party is steadfastly denying that it’s engaging in a “beggar thy neighbor” devaluation of its currency. By the same token, Tokyo’s fraudulent claim that its economy is still plagued by a negative rate of inflation (deflation), is so wildly at odds with reality that it’s routinely regarded with cynicism and disbelief.
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Tuesday, May 14, 2013
USD/JPY Could Be In Final Stages Of An Uptrend / Currencies / Japanese Yen
By: ForexPros
The USD/JPY broke higher last week, out of a triangle pattern that we have been tracking since mid-April. This triangle has been placed in wave four, so we must be aware of a bearish reversal in the next few days/weeks; this type of patterns always occurs prior to the final move of the larger trend. So current leg up should be our final leg; most-likely wave 5 of an ending diagonal.
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