Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Thursday, February 18, 2010
Eight Financial Fault Lines Appear In The Euro Experiment! / Currencies / Euro
By: Gordon_T_Long
Tremors were heard across Europe and around the world last week. There was little mistaking the clear fracturing sounds of the European Monetary Union.
Receiving less fanfare than the political hyperbole of EU solidarity, was surfacing evidence of serious fissures that exposed similar financial schemes which took the US to the financial abyss.
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Wednesday, February 17, 2010
Euro Is Not Gold, May Collapse Plunging Eurozone into Chaos / Currencies / Euro
By: Adrian_Ash
Borrowing at low German-style rates, the Eurozone states forgot to apply German-style limits...
ALTHOUGH hedge funds keep confusing the two, the Euro is not gold.
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Monday, February 15, 2010
USD/CAD Still Trying To Base / Currencies / Forex Trading
By: Seven_Days_Ahead
After the 2009 decline clear support has been emerging from above the 1.0200 level. The signs are promising for the bulls, but they still require an extra effort before a base can be said to be complete.
Sunday, February 14, 2010
Why Worry About The Euro? / Currencies / Euro
By: Andrew_McKillop
From as early as first quarter 2008 it was possible to predict the overvalued Euro, always able to
gain from intrinsic US dollar weakness, was itself heading for a fall. Through 2008-2009 this was
delayed, with speculators first making unsurprising bets on the traditional hedges, Gold and Oil,
rather than mount direct attacks on the Euro. The recession also slowed the move to full frontal
attack on the Euro, since the fantastic national budget deficit of the USA, overseas debt, and
Obama bailout spending for Wall Street made, and make a weak dollar more than rational. The
Euro reached its all-time high against the Dollar in Oct 2009 at a little more than $1.50.
Friday, February 12, 2010
US Dollar Bear Market Rallies / Currencies / US Dollar
By: Zeal_LLC
In recent months, the US dollar has been surging higher. This impressive strength is a radical change from last year’s relentless grind lower. Across the globe, the majority of analysts expect this run higher to persist for a variety of reasons. This prospect is troubling traders of commodities and commodities stocks.
Thursday, February 11, 2010
Euro Bearish Congestion / Currencies / Forex Trading
By: Mike_Paulenoff
The headline in the WSJ (online) reads: "EU Leaders Agree on Support for Greece," but the sub-header tells us that "Euro-zone countries will provide coordinated action if needed to preserve stability." Ok, then... Let's look at the reaction of the Euro to this "agreement" to provide a financial assistance package to Greece: where IS the reaction? I certainly don't see one. Technically, EUR/USD remains in its 5-session range between Fri.'s low at 1.3585 and the high for the recovery rally at 1.3840, which right now has the look and feel of a sideways, bearish congestion area ahead of downside continuation.
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Thursday, February 11, 2010
Bailout of Greece and the End of the Euro Currency / Currencies / Euro
By: Philipp_Bagus
The euro has been sliding against the US dollar for weeks. Concerns about the public finances of eurozone countries Portugal, Ireland, Greece, and Spain, the so-called "PIGS," have emerged in financial markets. Greece is facing the severest crisis, with its 10-year bond yield approaching 7%. The Greek government estimates its budget deficit at 12.7% of GDP in 2009. Gross government debts amount to 113% of its GDP. If the interest rate Greece has to pay for its debts keeps rising, the country may have to default on its obligations.
Wednesday, February 10, 2010
Lessons to Learn from the Failure of the Continental Dollar / Currencies / Fiat Currency
By: Dr_Jeff_Lewis
Although few have seen hyperinflation in their lifetimes, it can and does happen. In one of the most cited cases, the Continental currency of the United States was inflated into oblivion. In fact, the value was so diminished that towards the end of its short life, few merchants accepted it.
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Monday, February 08, 2010
Greece and Portugal Debt Crisis, Euro An Anchor of Stability? / Currencies / Euro
By: Axel_Merk
The world’s attention is on the fiscal malaise in Greece and Portugal. Just a few months ago, policy makers told banks to shore up their balance sheets with more sovereign debt. However, policy makers around the world have since raced to spend money in an attempt to reinvigorate their respective economies, leading to record deficits. Now everyone appears surprised that weaker countries are having difficulty financing their largesse.
Sunday, February 07, 2010
Win-Win Scenario for the U.S. Dollar / Currencies / US Dollar
By: Bryan_Rich
The debt problems in Dubai threw a wrench in the happy-go-lucky risk trade of last year. And since then, the perception of the state of the global economy has been unraveling.
All of the sudden, the world isn’t as safe a place as was thought just months ago: Global stock markets are falling, commodity markets have cracked, and foreign currencies are back in decline.
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Sunday, February 07, 2010
EURO March to Reserve Currency Status / Currencies / Euro
By: G_Abraham
Continuation of my colleagues analysis, Vishal Damor (Editor InvestingContrarian.com) dated 6 Feb 2010:
EU bonds are the safest bet. STILL!
The EURO has had its stuffing taken out of it over the last 2 months and it needs a lot of analysis and courage to back the EURO at this point of time. We do believe fundamentally that EURO is the future base currency and EU bonds are to be toast of the world central banks. Trichet has vehemently denied that EURO has no role as a reserve currency unless otherwise needed. It only means he will let the world sink the dollar and come begging for an alternative which will not be found anywhere else other than the EURO.
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Saturday, February 06, 2010
The U.S. Dollar / Currencies / US Dollar
By: Sol_Palha
"When you get into a tight place and everything goes against you, till it seems as though you could not hold on a minute longer, never give up then, for that is just the place and time that the tide will turn." ~ Harriet Beecher Stowe, 1811-1896, American Novelist, Antislavery Campaigner
This is one topic we spoke of extensively over the past few months and we are going to list excerpts from some past updates with emphasis on the Dec 16th market update.
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Friday, February 05, 2010
More Upside for U.S. Dollar / Currencies / US Dollar
By: Mike_Paulenoff
The DXY (cash dollar index) continues to leap higher in reaction to uncertainties about the sovereign debt conditions of a subset of countries referred to as the PIIGS. Let's notice that after emerging to the upside on 1/28 above 23.20, the PowerShares DB U.S. Dollar Index (NYSE: UUP) has rocketed 2% in the past 6 sessions amidst constant negative news about widening Greek, Spanish, and Portugese CDS spreads.
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Friday, February 05, 2010
EUR/USD, What Moves You? / Currencies / Forex Trading
By: EWI
Vadim Pokhlebkin writes: It's not the news that creates forex market trends -- it's how traders interpret the news.
Friday, February 05, 2010
Forex Bulls Eye Next Target in US Dollar Index / Currencies / Forex Trading
By: Seven_Days_Ahead
The expected recovery in the US Dollar is now nicely underway. With a second upleg in process our focus is on the next target/resistance area, where the uptrend is likely to pause.
Wednesday, February 03, 2010
Euro Downtrend To $1.32 Under Construction / Currencies / Euro
By: Ashraf_Laidi
We pointed out 2 weeks ago that the ongoing decline (weakening) of the once strong inverse correlation between equities and USD would lead to a scenario of prolonged US strength regardless of the evolving trend in equities. As the correlation weakened from a strong -0.94 in November to -0.26 in the 1st week of January, it enabled us to forecast further advances in the greenback irrespective of intraday or daily moves in equities. By taking the other side of the coin and using the daily relation between EURUSD and S&P500, the positive correlation has now fallen from +0.94 in November to a statistically insignificant +0.27 (9-month low).
Wednesday, February 03, 2010
Forex Forecasts for Nine Currency Pairs / Currencies / Forex Trading
By: EWI
Elliott Wave International have made available FREE Access to their PREMIUM intraday and end-of-day Forex forecasts to the Market Oracle readership right now through next Wednesday, February 10.
Tuesday, February 02, 2010
What’s Next for the U.S. Dollar? / Currencies / US Dollar
By: Axel_Merk
The Federal Reserve’s Open Market Committee (FOMC) is sticking to its course for phasing out the additional purchases of Mortgage Backed Securities (MBS). Notably however, in its statement released January 27th, reference to an improving housing market was omitted after recent bad news about the sector.
Monday, February 01, 2010
U.S. Dollar In Jeopardy Of Losing Its Value / Currencies / US Dollar
By: FutureOfDollar
The World is concerned that the dollar cannot play the role of the main reserve currency any longer after the financial crisis sparked by the collapse of the U.S. mortgage market led to the worst global recession since the 1930s. The Government’s stimulus packages, financial bailouts, the need to support liquidity in Treasuries, keeping interest rates at the lowest level under the circumstances of low economic growth, high unemployment and low tax collection make it print more dollars. This leads to a high risk of substantial inflation, or hyperinflation in a long-run.Read full article... Read full article...
Sunday, January 31, 2010
Fed’s Currency Swap Lines, A BIG deal for the U.S. Dollar / Currencies / US Dollar
By: Bryan_Rich
The Fed met this week on monetary policy. It was a bit of a snoozer. What wasn’t a snoozer, however, was what they’ve included in their recent monetary policy statements regarding currencies.
Most market participants have been entranced by the Fed’s language about their target interest rates …
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