Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Thursday, June 25, 2009
Fiat Currency in Circulation, How Much Money is There? / Currencies / Money Supply
By: Mike_Hewitt
There are several different monetary aggregates used to measure a nation's money supply. These monetary aggregates can be thought of as forming a continuum from most liquid (money as a means of exchange) to the least liquid (money as a store of value).
Thursday, June 25, 2009
EUR/USD Bounces / Currencies / Forex Trading
By: ForexPros
The pair fell over 200 pips yesterday but ultimately was stopped by the 1.3900 area and has since bounced higher. This keeps the bias upwards for today, but more news out of the US could make for a volatile day.Read full article... Read full article...
Wednesday, June 24, 2009
EUR/USD - After the Surge / Currencies / Forex Trading
By: ForexPros
Yesterday saw a very strong move by the EURO, moving almost double its average (12) daily range. It also broke multiple short term resistance levels.With more news out of the US today, it could be another volatile day.
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Tuesday, June 23, 2009
How to Profit From the Global Currency Wars / Currencies / Forex Trading
By: Money_Morning
Chris Weber writes: When rumors of the Swiss central bank again intervening to drive down the value of the Swiss franc hit the world’s currency trading desks late last week, it underscored just how hard global governments are fighting against the strong currencies that can derail exports while also blunting consumer demand at home.
Tuesday, June 23, 2009
EUR/USD Choppy Trading / Currencies / Forex Trading
By: ForexPros
Support is established at 1.3830 and is also present at 1.3820 through 1.3800. This likely means the sideways swings will continue. Although minor trends within the broader range can still occur.Read full article... Read full article...
Monday, June 22, 2009
EUR/USD Continues to Range / Currencies / Forex Trading
By: ForexPros
The pair is trading within a 120 pip range between 1.4000 and 1.3800 over the last couple trading days. This range has held in early trading. 1.3880 is initial support. A move below 1.3860 would confirm that break.Read full article... Read full article...
Sunday, June 21, 2009
Why “BRIC” Posturing Against the U.S. Dollar Just Doesn’t Add Up / Currencies / US Dollar
By: Money_and_Markets
Bryan Rich writes: The dollar has been publicly attacked on many fronts over the past three months. And endless accusations have been made that the U.S. is purposely trying to devalue the dollar to lessen its growing debt burden.
Saturday, June 20, 2009
Very Dangerous Time For Dollar Index / Currencies / US Dollar
By: Guy_Lerner
I don't want to get into the prediction game or even be the first one to say, "I told you so", but I believe the Dollar Index (symbol: $DXY) has a very high likelihood of embarking on a major down swing in the coming weeks.
Friday, June 19, 2009
Forex Pairs Analysis and Trading / Currencies / Forex Trading
By: INO
We are going to be doing something a little bit different today as we analyze the forex markets. Examining the forex markets is nothing new, but we have never gone through 13 pairs of cross rates on the fly. I also show you a quick and effective way to analyze the dollar index at the same time.
Friday, June 19, 2009
USD/CHF Base to Complete Soon / Currencies / Forex Trading
By: Seven_Days_Ahead
With a recovery phase in the US Dollar now deemed to be in progress (see last week’s US Dollar Index Update) we now look at the technical levels on the USD/CHF chart, and what could give this pair a boost.
Thursday, June 18, 2009
Protect Yourself From the Volatile U.S. Dollar with Currency ETFs / Currencies / Exchange Traded Funds
By: Money_and_Markets
Ron Rowland writes: You’ve seen the headlines: U.S. Dollar Plunges! U.S. Dollar Surges!
Why should you care? More to the point, why won’t the dollar just hold still?
Read full article... Read full article...
Thursday, June 18, 2009
EUR and JPY / Currencies / Forex Trading
By: ForexPros
The last three days have seen the EUR march higher. This has created a short term uptrend. Support is at 1.3910, with trend line support at 1.3860, and beyond that 1.3820, 1.3800.Read full article... Read full article...
Thursday, June 18, 2009
BRIC's Moving Towards a New Financial World Order / Currencies / Global Financial System
By: Global_Research
Natalia Kovalenko writes: During their summits in the Russian city of Yekaterinburg on Tuesday, SCO and BRIC members urged the creation of a new global financial security system, reiterating their drive to act in concert to weather the economic meltdown.
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Wednesday, June 17, 2009
BRIC Countries Flying Kites For Independence from the American Financial System / Currencies / Fiat Currency
By: John_Browne
This week, the BRIC countries (Brazil, Russia, India, and China) conspicuously gathered in Moscow for their first-ever economic summit. Although these countries are divided by culture and geography, they are united by healthy economic growth and their concern about unprecedented levels of U.S. debt and the safety of their respective reserves.
Wednesday, June 17, 2009
Euro Fails Above $1.40 / Currencies / Forex Trading
By: LiveCharts
After a roughly two week stint flirting mostly above the $1.40 level, the Euro has fallen back to a current rate at $1.3834 (June 16). The Euro has steadily dropped from a peak over $1.43 on June 2nd. It has operated on a downward progression from the $1.40 level for the last three days.Read full article... Read full article...
Wednesday, June 17, 2009
EUR/USD Pulls Off Lows / Currencies / Forex Trading
By: ForexPros
The pair pull off the early lows set yesterday. The 1.3750 level held on the downside but the 1.3935 area also held on the upside.Read full article... Read full article...
Tuesday, June 16, 2009
U.S. Dollar: the Good, the Bad and the Ugly / Currencies / US Dollar
By: Axel_Merk
Russian President Medvedev suggests the dollar is on its way out; Russian Finance minister Kudrin says there is no substitute for the dollar. The Chinese see a need to diversify out of the dollar; the Japanese say their trust in the dollar is unshakable. Let’s look at this puzzle and make some sense of it.
Tuesday, June 16, 2009
EUR/USD Breaks Support / Currencies / Forex Trading
By: ForexPros
The pair broke below the 1.3800 level. A sustained break of this level points to a further decline in the rate as indicated by the topping pattern. So far the pair has managed to stay above the 1.3750 level which is a rising trend line support area.Read full article... Read full article...
Monday, June 15, 2009
EUR/USD Bigger Correction? / Currencies / Forex Trading
By: ForexPros
The pair failed to hold above the 1.4150 last week and is now heading towards the lower extent of the range. Support should be found at 1.3940, 1.3900 and beyond that 1.3800. A move beyond 1.3800 would point to a more complete correction.Read full article... Read full article...
Sunday, June 14, 2009
How long Can the U.S. Dollar Last as the World’s Reserve Currency? / Currencies / US Dollar
By: Global_Research
Bob Chapman writes: The big question is how long can the dollar last as the world’s reserve currency? Needless to say, that is not an easy question to answer. We recently called the top on the dollar at 89.50 on the USDX. The USDX is six currencies versus the dollar on a weighted basis. More than a year ago the dollar hit a low on the USDX at 71.18. A phenomenal rally ensued from that level expedited by de-leveraging and the closing out positions within the carry trade. A good example of the carry trade was when a bank in NYC borrowed yen. At ½% interest, sold the yen for dollars and bought dollar denominated securities.