Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Wednesday, January 12, 2011
The China Miracle: Forex Reserves Hit Record $2.87 Trillion / Currencies / China Currency Yuan
By: Jesse
In the 'Japan Miracle' of the 1980-1990's it is said that Japan essentially 'monetized its real estate.' There was also a mythology of the superiority of Japanese management, with an emphasis on quality management ironically pioneered by the American W. Edwards Deming.
Sunday, January 09, 2011
Falling Euro May Offer the Best Investment OPPORTUNITY of 2011 / Currencies / Euro
By: Bryan_Rich
As we start the New Year, the global investment climate looks remarkably similar to this time last year. The world is getting more bullish on the outlook for the U.S. Meanwhile, the unfolding sovereign debt crisis in Europe threatens to squash global risk appetite and send not only Europe back into recession, but perhaps trigger another global financial crisis.
Sunday, January 09, 2011
The Nomadic Nature of Money / Currencies / Fiat Currency
By: Richard_Daughty
I was intrigued that a guy named David Thurtell, of Citigroup, surprisingly said, “The liquidity pumped out by central banks means that there is a lot of money sloshing around that needs to find a home.”
I was so intrigued that I was tempted to use it as the basis for my first report to the new supervisor for this quadrant of the galaxy, Karpus Klegg the Implacable, at his new office at Intergalactic Headquarters after the “palace coup” and interstellar personnel shake-up that I just found out about.
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Thursday, January 06, 2011
Destruction of the U.S. Dollar, The Real Reason Paul Volcker Wants Out / Currencies / US Dollar
By: Jeff_Berwick
The news that Paul Volcker plans to step down from a "panel of experts" advising Barack Obama today will likely whip market participants into a bit of a frenzy analyzing what this could possibly mean.
But, the problem with their conclusions will be that they are starting from an incorrect premise. The great majority of market participants believe that Paul Volcker was responsible for ending the inflation of the 1970s. And, as usual, the great majority of market participants are wrong.
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Thursday, January 06, 2011
Euro Currency New Year, New Challenges / Currencies / Euro
By: Ashraf_Laidi
One interesting aspect of todays blow out +297K rise in Dec ADP is the cautious interpretations circulated for Fridays release of Dec Nonfarm payrolls. Recall the disappointing 39K increase in Nov payrolls from +172 in Oct despite the unexpectedly strong +92K ADP in Nov. Nonetheless, both the US dollar and 10 year yields are rallying across the board of further growth recovery in the US. Noting that Fed Chairman Bernanke will testify to Congress 1 hour after Friday's jobs report, we would expect the Chairman to reiterate the case for buying the entire $600 bln in QE2 even in the event that Dec payrolls show a blowout number with similar proportions to today's ADP (above 220K-250K). Yet despite those reiterations of QE2, bond yields will likely hold on to their upward trajectory eyeing 3.80% before ultimately regaining 4.10-15% in late Q1, which should help support USD vs. EUR, GBP and JPY.
Wednesday, December 29, 2010
Aussie Dollar, the Japanese Yen, Euro and Cable all have a different story to tell / Currencies / Forex Trading
By: Bari_Baig
First up we look at USD/JPY: The economic data out from Japan was encouraging today as Industrial production as well as retail sales both exceeded the streets guesstimates. This further put a bid on Japanese Yen and prices tumbled to just below 82. This is the region where Bank of Japan first started to tout that it would intervene in the market and as we have said before now that BoJ has made its mark on the market by actually intervening therefore it is high time that it should continue to weaken Yen. We went buyers of the pair at 82 flat and we intend on holding the position. Read full article... Read full article...
Thursday, December 23, 2010
The Faults of Fractional Reserve Banking / Currencies / Fiat Currency
By: Thorsten_Polleit
In a November 1, 2010, blog post titled "Could the World Go Back to the Gold Standard?," Martin Wolf, the Financial Times chief economics commentator, comes to the conclusion that "we cannot and will not go back to the gold standard."
Among a number of mainstream-economics arguments leveled against the desirability and feasibility of the gold standard, Mr. Wolf puts forth a line of reasoning that can serve particularly well as a starting point for debating his position. Mr. Wolf writes,
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Thursday, December 23, 2010
Euro, British Pound Down as US Economy Improves / Currencies / Forex Trading
By: LiveCharts
According to a recent survey by CNN Money, top economists are projecting a 3.1 per cent gross domestic product (GDP) for the United States economy during the final quarter of 2010, after a 2.6 per cent third quarter increase.
The fourth quarter project is an upward revision from previous forecasts and the report also indicates expectations are high for a steady growth throughout 2011.
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Wednesday, December 22, 2010
Europe's New Plan to Save the Euro / Currencies / Euro
By: STRATFOR
Europe is on the cusp of change. An EU heads-of-state summit Dec. 16 launched a process aimed to save the common European currency. If successful, this process would be the most significant step toward creating a singular European power since the creation of the European Union itself in 1992 — that is, if it doesn’t destroy the euro first.
Monday, December 20, 2010
Is this the week which brings “bad” fortune to Euro? / Currencies / Euro
By: Bari_Baig
It seems just about everyone has forgotten about the EU Debt Crisis which couldn’t get enough air time several weeks ago. Now, all of a sudden everyone’s attention is towards U.S or as the holiday season is approaching no one wants to look at the bad side of the picture [But] does that mean all is well? Read full article... Read full article...
Friday, December 17, 2010
The U.S. Dollar Threads a Needle / Currencies / US Dollar
By: John_Browne
Pre-holiday cheer is certainly evident in the financial markets. The overwhelming consensus is that the Congressional agreement to not raise taxes while extending hundreds of billions in new stimulus will finally allow the recovery to take hold. The good feelings are underscored by less-than-awful employment reports and modest slowdowns in foreclosures. Another point of optimism is the continued buoyancy of the US dollar, which has weakened over the past few months, but has not collapsed.
Wednesday, December 15, 2010
Is The U.S. Dollar Too Big to Fail? Gold and Silver Lifeline / Currencies / US Dollar
By: Lorimer_Wilson
Those in the U.S. power structure know what the plan is should the U.S. dollar fail. They are not admitting publically that there is even the remotest chance that it could happen but, rest assured, there is a plan. There is always a plan. To paraphrase Franklin Roosevelt, nothing happens by chance in government, so don’t be caught up in such a ‘surprise’ event - whatever it may be and whenever it occurs.
Tuesday, December 14, 2010
Post Mortem for the world's "Reserve Currency" / Currencies / US Dollar
By: Mike_Whitney
Paul Volcker is worried about the future of the dollar and for good reason. The Fed has initiated a program (Quantitative Easing) that presages an end to Bretton Woods 2 and replaces it with different system altogether. Naturally, that's made trading partners pretty nervous. Despite the unfairness of the present system--where export-dependent countries recycle capital to US markets to sustain demand---most nations would rather stick with the "devil they know", then venture into the unknown. But US allies weren't consulted on the matter. The Fed unilaterally decided that the only way to fight deflation and high unemployment in the US, was by weakening the dollar and making US exports more competitive. Hence--QE2.
Monday, December 13, 2010
U.S. Dollar Forecast 2011, Ways to Profit Despite the Greenback's Expected Struggles / Currencies / US Dollar
By: Money_Morning
By Larry D. Spears writes:
The U.S. dollar faces a long list of challenges in the New Year.
The U.S. greenback could strengthen in 2011-but only against the European euro and other currencies with heavy exposure to the European debt crisis, including the British pound sterling. Against virtually every other currency, however, the U.S. dollar is likely to be the loser.
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Sunday, December 12, 2010
The Debt-Dollar Discipline: Part II - Conservation & Release / Currencies / US Dollar
By: Ashvin_Pandurangi
Part I in this series introduced Michel Foucault's theory of disciplinary society, laid out in his book Discipline and Punish, and the application of this analysis to the "debt-dollar discipline" formally imposed on global society by the Bretton Woods Agreement of 1945 (establishing the dollar as the global reserve currency). It should come as no surprise that this global financial discipline is currently in the process of being revoked.