Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Friday, September 05, 2014
British Pound Slides on Scottish Independence YES Vote Risks, What Happens Next? / Currencies / British Pound
By: Nadeem_Walayat
The British Pound has virtually nose dived after spending the whole of the year in an uptrend to recent multi-year highs of £/$1.72 of mid July on the back of a strong UK economy when compared to the Euro-zone catastrophe that continues to unfold across the English Channel, which had prompted much flight of the capital to the relative safety of the British currency.
Thursday, September 04, 2014
What's Next for The U.S. Dollar and Gold? / Currencies / US Dollar
By: Axel_Merk
One reason markets tend to get a little nervous in September is that it's time for investors to ponder about their asset allocation for the remainder of the year and beyond. With the markets at or near record highs and the US dollar on a roll, what could possibly go wrong? Let's look at what's next for the dollar, gold, and currencies.
Wednesday, September 03, 2014
Scotland Independence Risk Sees British Pound Dive / Currencies / British Pound
By: GoldCore
Sterling fell sharply yesterday as traders became nervous of a possible vote for Scottish independence. The referendum on Scottish independence from the United Kingdom takes place on Thursday 18th September.
While the referendum and the potential impact of an independent Scotland have been on the horizon for some time, the approaching vote in two weeks is causing upheaval for the British pound in currency markets, and also more general macro uncertainty in the regional economic and monetary system.
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Tuesday, September 02, 2014
Bitcoin Price Might Move Shortly / Currencies / Bitcoin
By: Mike_McAra
Briefly: we don’t support any short-term positions in the Bitcoin market.
An increasing number of Canadian employees are choosing to get paid in Bitcoin, an article on CTV News reported:
A small but growing -- and surprising -- number of workers are rejecting Canadian dollar salaries for Bitcoin, according to a Waterloo, Ont., payroll firm.
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Tuesday, September 02, 2014
Independent Scotland Currency, Plan A, B, C or D - British or Scottish Pound? / Currencies / Scotland
By: Nadeem_Walayat
Alex Salmond recently repeated - "It's our pound and we're going to keep it."
Much of the independence debate has centered around what currency an independant Scotland would use, where on one side we have the SNP implying that an independent Scotland would have the right to 'share' the British Pound in terms of the ability to print money and debt (government bonds), whilst on the other hand UK politicians state it would be impossible for two countries to share sovereignty over the same currency for the obvious reason that it would effectively allow an independant Scotland to go on debt fuelled spending binge without consequence of hyperinflation or currency collapse as the bill would be being picked by the UK tax payer as guarantor of the currency. Which is particularly galling as an independent Scotland would no longer be paying any taxes to the UK Treasury.
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Monday, September 01, 2014
Eurozone Currency Dispute Intensifies: France Wants Weaker Euro Higher Inflation / Currencies / Euro-Zone
By: Mike_Shedlock
The currency and fiscal battleground front lines in Europe remains the same. France wants QE, fiscal stimulus, and more leeway on meeting fiscal deficit targets. Germany doesn't. And the fighting has strengthened.
The idea that ECB can produce nirvana by devaluing the euro is ridiculous. Yet, that's the battle cry of the day.
Friday, August 29, 2014
Bitcoin Price $500 as Current Downside Barrier / Currencies / Bitcoin
By: Mike_McAra
Briefly: we support long speculative positions in Bitcoin, stop-loss at $440, take-profit at $620.
Simon Fraser University has become the first such Canadian tertiary education institution to accept donations in Bitcoin, the university reported:
Simon Fraser University is the first Canadian post-secondary school to accept donations in Bitcoin, a digital currency that can be exchanged electronically.
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Friday, August 29, 2014
A History of Unlimited Money: Learn From It or Repeat Its Mistakes / Currencies / Fiat Currency
By: Doug_Wakefield
Thursday, August 28, 2014. Is there anything special about this day? For some it may be an anniversary, marriage or work. For others it may be a birthday. However, chances are it is just another day of the week, following the same routine as last week for hundreds of millions of lives that depend on an economic and financial system they hope will stay predictable.
For Americans today, the answer that has been presented to us repeatedly for years, and sadly seems to have been accepted as necessary to restore our capitalist system, is that the Federal Reserve will merely print up trillions more in debt in order to bring things back to "normal". History is replete with lessons for the Federal Reserve, Keynesian economists, and millions desperate to believe that maybe this time, with trillions more in debt, the temporary riches of the financial markets will become permanent and predictable. Frankly, the only thing predictable about this story is that history keeps repeating itself, and we do not show any desire to learn from our past.
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Thursday, August 28, 2014
USD-JPY Japanese Yen Set For Big Reversal / Currencies / Japanese Yen
By: Austin_Galt
Price is now at the key resistance area flagged in my last USDJPY report. So is it likely to turn back down or bust higher? Let’s have a look at the charts.
Thursday, August 28, 2014
A World Without Fractional Reserve Banks and Central Planning / Currencies / Fiat Currency
By: John_Rubino
In a very real sense, it is fractional reserve banking and not money itself that is the root of so many of today’s evils. Whenever fractional reserves are permitted, the banking system – including the one that exists today throughout the world – comes to resemble a classic Ponzi scheme which can only function as long as most people don’t try to get at their money.
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Wednesday, August 27, 2014
Forex Trading - Will USD/CHF Rally Above 0.9200? / Currencies / Forex Trading
By: Nadia_Simmons
Earlier today, the U.S. Commerce Department showed that total durable goods orders (with transportation items) rose by 22.6% last month, well above expectations for an increase of 7.5%. Despie this bullish data, core durable goods orders (wihout volatile transportation items) declined by 0.8% in July, missing forecasts for a 0.5% gain. As a result, the U.S. dollar moved lower against major currency pairs. Did this drop change the USD/CHF outlook?
Tuesday, August 26, 2014
Bitcoin Market Provides Clues for Investors / Currencies / Bitcoin
By: Mike_McAra
Briefly: we support long speculative positions in the Bitcoin market, stop-loss at $440, take-profit at $620.
The Chamber of Digital Commerce (CDC), an initiative to promote digital currencies, has moved to form a political action committee to support Bitcoin, the Hill reported:
The Chamber of Digital Commerce, a month-old trade group for digital currencies and assets like bitcoin, registered a political spending group with the Federal Election Commission this month, according to recently disclosed documents.
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Monday, August 25, 2014
Myths About Money and Inflation / Currencies / Inflation
By: MISES
Patrick Barron writes: The following are six of the most prevalent economic myths that appear time and again in the mainstream media. I will give a brief description of each and a brief description of the economic reality, as seen from an Austrian perspective.
Saturday, August 23, 2014
Bitcoin Price Continuation of a Move up / Currencies / Bitcoin
By: Mike_McAra
Cutting right to the chase: we support long speculative positions, stop-loss at $440, take-profit at $620.
A recent report by Wedbush Securities considers the effects volatility might have on the Bitcoin market:
Read full article... Read full article...We see investing and trading bitcoin as one of the first major applications of crypto currency and believe increased investment and trading activity is helping create the payment network infrastructure and monetary base that will facilitate increased economic activity in the future.
Tuesday, August 19, 2014
Bitcoin Price On The Brink of a Possible Reversal / Currencies / Bitcoin
By: Mike_McAra
Briefly: we don't support any short-term position in the Bitcoin market at the moment.
Yesterday, Bitcoin crashed temporarily on BTC-e. We described this in our last alert:
Read full article... Read full article...(...) earlier today we saw a massive sell-off which brought the price of Bitcoin down from around $460 to $309 (!) in a matter of minutes. The currency erased most of the losses in the subsequent quarter of an hour and has stabilized around $440 since then.
Monday, August 18, 2014
Intervention and The Misery of Fiat Currency / Currencies / Fiat Currency
By: Dr_Jeff_Lewis
“This is a very important lesson. You must never confuse faith that you will prevail in the end - which you can never afford to lose - with the discipline to confront the most brutal facts of your current reality, whatever they might be.”
-U.S. Naval pilot and prisoner of war, James Stockton
Black swans have taken flight. World war is imminent as one new geopolitical flash point develops each week. Slowly, the underlying struggles are fomented by the greatest monetary intervention the world has ever seen.
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Monday, August 18, 2014
No Escape from The Dollar as The Currency Standard / Currencies / US Dollar
By: Alasdair_Macleod
All commodities and near-commodities are priced internationally in dollars, and the dollar is used for over 80% of cross-border trade settlements. Consequently the dollar is the base currency for all countries' foreign reserves, giving it its reserve status. However, there are now challenges to the dollar's hegemony, with Russia, China as well as the other members, dialog-partners and associates of the Shanghai Cooperation Organisation (SCO), taking deliberate steps towards doing away with the dollar entirely for pan-Asian trade. Recent developments setting up a rival to the IMF by the BRICS nations is part of this challenge.
Thursday, August 14, 2014
Putin And The Petrodollar Card Castle / Currencies / US Dollar
By: Andrew_McKillop
The End of The Petrodollar
Googling my name and petrodollars may be useful – the petrodollar paradigm has been alive, but never well since the early 1970s quick-fix of Nixon and Kissinger to cut US trade and budget deficits, bolster the US dollar, and stroke Saudi royal fur in the right direction. The Nixon-Kissinger quick fix was to use the “windfall gains” of Arab Gulf oil producers, and especially Saudi Arabia to enable their early form of quantitative easing.
Monday, August 11, 2014
Monetary Versus Political Stability - When Day Turns into Night / Currencies / Fiat Currency
By: Dr_Jeff_Lewis
Wherever plunder is less burdensome than labor, it prevails; and neither religion nor morality can, in this case, prevent it from prevailing.
- From Bastiat's "The Law"Representing all things big, institutional investors believe there is no inflation.
The market "behaves" as if there is none. This undercuts value at risk.
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Monday, August 11, 2014
AUDUSD Setting Up For Big Reversal / Currencies / Forex Trading
By: Austin_Galt
The AUDUSD has lost a couple of cents over the last few weeks. So is this the beginning of the next leg down? I doubt it. On the contrary, I believe a big reversal higher is just around the corner. Let’s investigate.First, let’s refresh ourselves of the big picture to help put it all in perspective.
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