Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Saturday, May 21, 2016
Will Venezuela Be Forced to Embrace the US Dollar? / Currencies / Venezuela
By: MISES
Daniel Fernández Méndez writes: The country of Venezuela is dangerously approaching hyperinflation. At 2015’s year-end, official figures had yearly inflation at or above 180 percent (some private sector sources estimated it at 330 percent). The technical definition of hyperinflation is when inflation is at 50 percent or more per month, meaning that Venezuela is not yet at this point, but does seem to be approaching at an accelerated pace. The South American country finds itself with inflation rates at their worst in its history (1996 saw 103 percent yearly inflation) and the highest in the world (Ukraine is second with 50 percent yearly inflation).
Saturday, May 21, 2016
Danish Central Bank Stumbles with Its Currency Peg to the Euro / Currencies / Fiat Currency
By: MISES
Uffe Merrild writes: Denmark has been mentioned a few times during the American election campaign by Democrats who favor larger government and high redistribution of income, but also pundits like Paul Krugman have written about Denmark in his October 19th column at The New York Times. Fortunately most of his fiscal and general economic Keynesian points have been refuted in Episode 6 of Contra Krugman by Thomas Woods and Robert Murphy. But, some points regarding monetary policy need attention as well.
Friday, May 20, 2016
Why We Don’t Need a Gold Standard; there is a better alternative / Currencies / Fiat Currency
By: Sol_Palha
A highbrow is the kind of person who looks at a sausage and thinks of Picasso. - A. P. Herbert
The first reaction from the hard money camp would be to state we are insane or that we longer value hard money. Taking that line of thought would only set you on the wrong track; we are not against hard money or are the Gold standard. However, most of those in the hard money camp have a hard time dealing with reality. The reality is that very few even understand this concept and even fewer would be willing to embrace it. In the end, it’s the masses that determine if whether or not a new trend, fad or rule will be embraced or not. Have the masses done anything other than occasionally complain about how prices are rising? Did they embrace the Gold bull market from 2002-2011? Most of them focussed on the crash aspect and not the fact that Gold had soared significantly higher than it was back in 2002 despite the strong pullback? The answer on all fronts is no; to understand why no good deed goes unpunished, or why the masses will crucify you if you try to alter their mindset, watch Plato’s allegory of the cave. It provides a very simple and clear look into the mass mindset.
Wednesday, May 18, 2016
Precisely Wrong on US Dollar, Gold? / Currencies / US Dollar
By: Axel_Merk
Since the beginning of the year, the greenback has shown it's not almighty after all; and gold - the barbarous relic as some have called it - may be en vogue again? Where are we going from here and what are the implications for investors?
Wednesday, May 18, 2016
Bitcoin Price Remains above $450 / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, target at $153, stop-loss at $515.
Banks are looking into the possibility to come up with their own versions of Blockchain. At the same time, none of these emerging solutions are as tested in real life as Bitcoin itself. So, the Bitcoin network has its advantages, even if you are not a Bitcoin believer. On the Bitcoin Magazine website, we read:
Read full article... Read full article...
Tuesday, May 10, 2016
Bitcoin Price Space for Move up Limited / Currencies / Bitcoin
By: Mike_McAra
In short: short speculative positions, target at $153, stop-loss at $515.
A Swiss town is now embracing Bitcoin in an experimental move, we read on the Engadged website:
Most experiments in paying with digital currencies have come from private companies, but the Swiss town of Zug is trying something different. As of July 1st, the community is launching a trial that will let you pay for public services using Bitcoin -- as long as you're shelling out the equivalent of 200 francs ($206 US) or less, you can skip old-fashioned money. The trial will run through the rest of 2016, though whether or not it lives beyond that depends on the town council's findings.
Read full article... Read full article...
Tuesday, May 10, 2016
Yen Strength Sends AUDJPY Towards Multi-Year Lows / Currencies / Austrailia
By: AnyOption
Sustained inaction from the Bank of Japan combined with another round of loosening by the Reserve Bank of Australia has seen the AUDJPY continue to tumble, trending back towards multi-year lows reached back in February during the risk-asset rout. With Central Banks eagerly waiting on the Federal Reserve to act in order to alleviate pressure on local currencies, risk assets are likely to continue tumbling despite the extreme policies implemented by certain institutions. However, with the BoJ not forecast to move on policy short-term and the RBA maintaining its accommodative stance, the stage is set for further losses in the AUDJPY pair as risks to the outlook mount. Barring another round of direction intervention in the Yen from the BoJ, the current trend in the pair is likely to prevail over the medium-term amid worsening external conditions. Read full article... Read full article...
Friday, May 06, 2016
The Bitcoin Drama Continues: Craig Wright Disappears and Andresen Says He Was Bamboozled / Currencies / Bitcoin
By: Jeff_Berwick
Yesterday we wrote about our doubts on Craig Wright and who he is. Less than 24 hours later he has disappeared.
You can say one thing about bitcoin: it's never boring! Tracking developments surrounding it is more entertaining than a spy novel.
But, whatever Craig Wright may have had in mind doing with Gavin Andresen seems to have collapsed. Andresen had solidly endorsed Wright’s claim about being Satoshi Nakamoto only yesterday and seemed delighted that his mentor had decided to “go public.”
Thursday, May 05, 2016
Euro Desperation will achieve Self Destruction - MAP Wave Analysis / Currencies / Euro
By: Marc_Horn
In between migrating sites I have lost some pages and they largely appear to be from currencies!!!
The Euro was what started me off with the development on my analysis and fortunately that was not lost and can be found here from 2012 , as that was what I used initially to explain my methods.
Wednesday, May 04, 2016
Watching for an Undercut Bottom in the US Dollar / Currencies / US Dollar
By: Gary_Savage
Undercut bottom in the dollar coming next? Maybe.
Currencies are tricky SOB’s. Be aware we may still get one more drop to form an undercut low and catch shorts on the wrong side of the market.
Read full article... Read full article...
Tuesday, May 03, 2016
Is Craig Wright The Creator Of Bitcoin? Frisby and Matonis On ‘Satoshi Nakamoto’ / Currencies / Bitcoin
By: GoldCore
Craig Steven Wright, an Australian computer scientist, self-declared cyber security expert and entrepreneur, has claimed to be the creator of Bitcoin, the elusive ‘Satoshi Nakamoto’.
Tuesday, May 03, 2016
US Dollar Index on the Brink as Dollar Meltdown Continues - Video / Currencies / US Dollar
By: Mario_Innecco
Transcript Excerpt: Tuesday May 3rd 2016 yes around 8:40 a.m. London time or 340 New York
time I'm gonna be talking currencies this morning as the dollar continues to
to drop you know quite quite sharply I had been covering the yen and how that's
been appreciating quite strongly against the dollar despite the fact that the BOJ
stepped up especially knowing the end of February stepped up their cue we and a
negative interest rates but this morning I will be talking a little bit the
dollar index dollar index is basically weights and measures the dollar against
a basket of currencies and this basket is composed of the following 57.6% euro
30.6% Japanese yen 11.9% British Pound 9.1% Canadian dollar four point to.
Tuesday, May 03, 2016
A Currency War Battle That Europe and Japan Can’t Afford To Lose / Currencies / Currency War
By: John_Rubino
The dollar is tanking lately. From a high of around 100 in December, the dollar index — which measures USD against a basket of foreign currencies — is down about 8%, and the decline is steepening. In counterintuitive currency war terms, that means the US is winning the latest battle.
Monday, May 02, 2016
When the Truth is Found to be Lies, Confidence in Currency Dies / Currencies / Fiat Currency
By: DeviantInvestor
In 1967 the Jefferson Airplane sang:
“When the truth is found to be lies,
And all the joy within you dies…”
Read full article... Read full article...
Monday, May 02, 2016
USD Still Declining... / Currencies / US Dollar
By: Anthony_Cherniawski
USD is plummeting lower today. This is keeping USD/JPY suppressed, even though the Yen is not rallying at the moment.
Bloomberg reports, “After falling for three months, the dollar is set to rebound, if this historical seasonal chart is any guide.
The Bloomberg Dollar Spot Index, which tracks the greenback versus 10 peers, has appreciated in May in every year but one since 2007, according to a Bloomberg Seasonality Chart. That’s the best record among the 12 months.
Read full article... Read full article...
Monday, May 02, 2016
USD, Yen and an ‘Inflation Trade’ Update / Currencies / US Dollar
By: Gary_Tanashian
The Fed has been trying to promote inflation. That is not the guy with the tin foil hat speaking, it is direct from FOMC statements targeting a higher inflation level, which is another way of saying they are targeting a lower US dollar level. From this we leaned toward that which would benefit from a declining USD. Precious metals (led by silver) are a prime beneficiary, with oil and some commodities remaining firm despite pressure on stock markets as corporate performance and economic signals continue to fade.
Friday, April 29, 2016
US Dollar Meltdown Underway as Fed Credibility Evaporates - Video / Currencies / US Dollar
By: Mario_Innecco
Transcript Excerpt: It's Friday April 29 2016 early here in london it's nine o'clock in the
morning so 4 a.m. New York time while in the us- and I'm making this video just
to talk about the dollar but the galleries crashing you most people and
even I have focused on the dollar yen on the yen been strong but you know we've
broken through the lows of the year and we had the lowest level since October
2014 that the dollars at 107 12 right now against the yen we had a key support
which was to prove you know earlier this month the low one of seven sixty and we
went down way to 10 689 and you know there's talk about that the Bank of Japan
Thursday, April 28, 2016
AUD/USD - Trend Reversal or Just a Bigger Pullback? / Currencies / Forex Trading
By: Nadia_Simmons
Earlier today, the Australian Bureau of Statistics showed that the consumer price index dropped by 0.2% in the first quarter, missing analysts' forecast. Additionally, consumer prices (year-on-year) rose by 1.3% in the first three months of the year also disappointing expectations. Thanks to these numbers, the Australian dollar declined sharply against the greenback, which pushed AUD/USD under previously-broken important line. Is it enough to trigger further deterioration in the coming days?
Tuesday, April 26, 2016
Technical Versus Fundamental Currency Analysis – What Is Better? / Currencies / Forex Trading
By: Boris_Dzhingarov
There are so many questions that appear when you start to analyze currencies. Many do not even properly understand what this actually is. We end up looking at terms that we never heard about and do not really know what to do.The problem is that currency market analysis is paramount to the success of any currency based investment. You simply cannot focus on currencies and make a profit in the event that you do not know exactly what the market is like, how it operates and what will happen in the future. Most people do not have the luxury of using automated systems or do not want to. You can see this platform as an example of an automated signal based trading system. This is an option but since you are here, you surely want to do your own analysis.
Read full article... Read full article...
Tuesday, April 26, 2016
Britain's Prospects: GBP and BREXIT - MAP Wave Analysis / Currencies / British Pound
By: Marc_Horn
This base chart is readily available on the internet and I cannot find a source for it so, can't vouch for its accuracy suffice to say it follows MWA and MAP wave count which is beyond coincidence, and is an excellent demonstration of the fractal nature of waves! This highlights how context to analysis is gained and the importance of data for analysis.