Sterling And Yen Slip Lower, Euro Stuck In Week's Narrow Range
Marc Chandler - Seeking Alpha - Fri Nov 14, 6:12AM CST
The main theme this week has been the heavy tone of both sterling and the yen. The yen's weakness stems from the aggressive easing by the BOJ and the stepped up buying of foreign assets by Japanese investors. The story that has emerged this week is...
FXB: 153.97 (-0.39), FXY: 83.70 (-0.37), FXE: 123.43 (+0.48), FXF: 101.78 (+0.46), UUP: 23.25 (-0.06)
Portfolio Effects Of Holding Gold In Yen Terms
AdvisorShares - Seeking Alpha - Thu Nov 13, 3:39PM CST
Treesdale Partners, portfolio manager of the AdvisorShares Gartman Gold/Euro ETF (NYSEARCA: GEUR ), AdvisorShares Gartman Gold/British Pound ETF (NYSEARCA: GGBP ), AdvisorShares Gartman Gold/Yen ETF (NYSEARCA: GYEN ) and AdvisorShares International...
JYN: 53.05 (unch), OUNZ: 11.89 (+0.29), FXY: 83.70 (-0.37), UUPT: 24.41 (-0.16), USDU: 26.57 (-0.06), UUP: 23.25 (-0.06), SGOL: 116.73 (+2.88), YCL: 15.10 (-0.09), GLD: 114.47 (+2.80), YCS: 84.60 (+0.70), IAU: 11.53 (+0.29), UDN: 24.61 (+0.08), AGOL: 114.20 (unch), FORX: 46.83 (+0.06), UDNT: 13.25 (+0.17)
European Growth Faces External And Internal Battles
Dean Popplewell - Seeking Alpha - Thu Nov 13, 3:34PM CST
By Alfonso Esparza The EUR/USD pair continues to retreat as doubts continue to grow over the European Central Bank’s (ECB) options to help the eurozone economy crawl out of the deflationary trap it is in. The strong figures posted by the U.S....
EWG: 26.92 (+0.03), FEZ: 37.51 (+0.06), VGK: 53.74 (+0.01), DBEU: 26.78 (-0.05), FEP: 30.12 (+0.18), FIEU: 114.17 (+0.17), FEUZ: 31.26 (-0.16), GUR: 33.16 (+0.35), IEUR: 44.73 (+0.07), UPV: 44.93 (+0.39), FEU: 35.57 (+0.01), EPV: 61.89 (-0.10), HEDJ: 56.49 (-0.14), ESTX: 45.42 (+0.19), FXE: 123.43 (+0.48), HEZU: 24.20 (+0.10), ADRU: 23.38 (+0.07), EURL: 31.31 (+0.38), FEEU: 110.73 (+0.18), FXY: 83.70 (-0.37), EZU: 36.90 (+0.14), UUP: 23.25 (-0.06), IEV: 43.68 (-0.04), EURZ: 38.16 (+1.12), ESR: 20.38 (+0.44), UDN: 24.61 (+0.08)
An Unkind Bond Unwind
The Nattering Naybob - at Seeking Alpha - Thu Nov 13, 1:57PM CST
HYG: 91.45 (-0.46), IEF: 105.10 (+0.22), UUPT: 24.41 (-0.16), FXY: 83.70 (-0.37), UUP: 23.25 (-0.06), JNK: 39.86 (-0.13), HY: 78.23 (+1.05), IMO: 48.00 (+0.39), LQD: 118.51 (+0.15), CORP: 103.11 (+0.08), EMB: 113.25 (-0.09), FXE: 123.43 (+0.48), UDN: 24.61 (+0.08), UDNT: 13.25 (+0.17), BKF: 37.24 (+0.37)
Obama To G-20: Get Your Act In Order!
John M. Mason - at Seeking Alpha - Thu Nov 13, 9:30AM CST
IEV: 43.68 (-0.04), FXA: 87.67 (+0.45), FXY: 83.70 (-0.37), EWA: 24.98 (+0.20), FXE: 123.43 (+0.48), UUP: 23.25 (-0.06), EWJ: 11.77 (unch)
The End Of Carry Reloaded: Gold - Hold Your Fire
Francesco Checcacci - Seeking Alpha - Thu Nov 13, 6:17AM CST
With US economic fundamentals improving, the idea of the Federal Reserve tapering its asset purchases and possibly starting to hike interest rates has taken hold in the minds of several investors. This has brought the consequences we foresaw on the...
GLD: 114.47 (+2.80), FXE: 123.43 (+0.48), UUP: 23.25 (-0.06)
U.S. Dollar Ducks And Dives For Respect
Dean Popplewell - Seeking Alpha - Thu Nov 13, 6:05AM CST
By Dean Popplewell This market is a natural U.S. dollar lover; nevertheless, investors are still searching for an incentive to help kick start the “buck” to regain focus and begin the next leg-higher. The U.S. dollar's rise over the...
FXA: 87.67 (+0.45), FXB: 153.97 (-0.39), FXY: 83.70 (-0.37), FXC: 88.16 (+0.76), FXE: 123.43 (+0.48), FXF: 101.78 (+0.46), UDN: 24.61 (+0.08), UUP: 23.25 (-0.06)
Crude Oil: Price Wars
Jack Malone - Seeking Alpha - Thu Nov 13, 2:18AM CST
The Crude Oil market has taken center stage in the media and in the markets as WTI crude is trading at the lowest levels since 2009. The drop in oil prices is both a supply and demand story as world growth is slowing and we are pulling more oil out...
USO: 28.83 (+0.54), UCO: 21.26 (+0.72), OLO: 11.55 (+0.05), DTO: 48.43 (-1.42), UUPT: 24.41 (-0.16), BNO: 31.34 (+0.70), UWTI: 15.30 (+0.64), USDU: 26.57 (-0.06), UUP: 23.25 (-0.06), SCO: 42.08 (-1.53), CRUD: 34.40 (-0.05), SZO: 44.40 (-0.94), DNO: 40.15 (-0.76), DBO: 22.71 (+0.43), OIL: 18.49 (+0.32), OLEM: 34.03 (-0.59), UDN: 24.61 (+0.08), FORX: 46.83 (+0.06), DWTI: 49.00 (-3.13), UDNT: 13.25 (+0.17), USL: 35.92 (+0.61)
2 Countries For Old Bulls
Eric Parnell, CFA - at Seeking Alpha - Thu Nov 13, 12:35AM CST
FXY: 83.70 (-0.37), EZU: 36.90 (+0.14), EWO: 15.92 (+0.06), UUP: 23.25 (-0.06), EWJ: 11.77 (unch), HEDJ: 56.49 (-0.14), DXJ: 54.62 (+0.26), IDX: 24.86 (+0.17), EEM: 41.44 (+0.34), SPY: 204.24 (+0.05), EWY: 56.60 (-0.46), EWU: 18.94 (-0.04), FXB: 153.97 (-0.39), FM: 35.35 (+0.02), IWM: 116.69 (-0.21), FXE: 123.43 (+0.48), EWZ: 39.28 (-0.37)
European Bonds Offer Opportunities Says Babson Fund Manager Freno
at The Street - Wed Nov 12, 4:32PM CST
Corporate bond opportunities abound in Europe, especially in Germany where a weakening Euro is helping exporters, said Michael Freno, Babson portfolio manager.
JNK: 39.86 (-0.13), HYG: 91.45 (-0.46), FXE: 123.43 (+0.48), UUP: 23.25 (-0.06)
The Consequences Of A Strengthening U.S. Dollar
Chris Martenson - Seeking Alpha - Wed Nov 12, 2:03PM CST
In early September, I made the case for a rising U.S. dollar , based on the basic supply and demand for dollars stemming from four dynamics: Demand for dollars as reserves Other nations devaluing their own currencies to increase exports ...
UUP: 23.25 (-0.06)
Consolidative Tone Persists, Dollar Mixed
Marc Chandler - Seeking Alpha - Wed Nov 12, 5:32AM CST
The consolidative tone that has been a general feature of the foreign exchange market continues today, leaving the US dollar broadly mixed. Even though the Fed's new Labor Market Conditions Index improved more than expected, the performance of the...
FXB: 153.97 (-0.39), FXY: 83.70 (-0.37), UUP: 23.25 (-0.06), EWJ: 11.77 (unch)
Dollar, Gold, Commodities, Stocks And Bonds Dance To The Same Tune
Calafia Beach Pundit - Seeking Alpha - Tue Nov 11, 2:26PM CST
What is the tune? It's a mix of declining risk aversion, rising confidence, less uncertainty, and continued growth. That's not to say that everything is just peachy. Rather, it is the result of things turning out somewhat better than the market's...
TIP: 113.20 (+0.29), GLD: 114.47 (+2.80), UUP: 23.25 (-0.06), BCM: 35.43 (-0.05)
U.S. Dollar Running Out Of Steam?
Dave Allen - Seeking Alpha - Tue Nov 11, 9:38AM CST
"I put a dollar in one of those changes machines. Nothing changed!" - George Carlin The US dollar has been on a tear vs. the world's major currencies for a while now. The dollar is at its highest level against the yen in 7 years,...
FXY: 83.70 (-0.37), FXE: 123.43 (+0.48), UDN: 24.61 (+0.08), UUP: 23.25 (-0.06)
U.S. Dollar Unable To Be Kept Down
Dean Popplewell - Seeking Alpha - Tue Nov 11, 6:23AM CST
By Dean Popplewell It’s near impossible to keep a good thing down – the dollar seems to have found the error of its ways after a somewhat disappointing non-farm payroll report last Friday. Today’s partial market holiday in the ...
FXA: 87.67 (+0.45), FXB: 153.97 (-0.39), FXY: 83.70 (-0.37), FXC: 88.16 (+0.76), FXE: 123.43 (+0.48), FXF: 101.78 (+0.46), UDN: 24.61 (+0.08), UUP: 23.25 (-0.06)
Economic Risk Factor Update: November 2014
Brad McMillan - Seeking Alpha - Tue Nov 11, 12:21AM CST
This article originally appeared on the Independent Observer Blog It’s time for our monthly update on risk factors that have proven to be reliable indicators of economic trouble ahead. As expected, the data hasn’t changed much...
SPY: 204.24 (+0.05), QQQ: 103.22 (+0.32), DIA: 176.35 (-0.09), IWM: 116.69 (-0.21), UUP: 23.25 (-0.06)
Foreign Related Financial Institutions Hold More Than Half Of Reserve Balances At Fed
John M. Mason - at Seeking Alpha - Mon Nov 10, 11:12PM CST
UDN: 24.61 (+0.08), UUP: 23.25 (-0.06)
Lower Oil Prices Will Boost Retail Stocks, Says Nuveen Strategist Bob Doll
at The Street - Mon Nov 10, 3:18PM CST
Markets tend to rise in the third year of a presidential administration, and lower oil prices should help retail stocks in the coming months, said Nuveen Asset Management's Bob Doll.
DBO: 22.71 (+0.43), UUP: 23.25 (-0.06)
The Commodity Black Hole: Will The Dollar Cause Commodity Prices To Make New Lows?
Andrew Hecht - Seeking Alpha - Mon Nov 10, 2:40PM CST
The US dollar has been on a tear. The dollar index closed 2013 at 80.61. In late January, it traded down to its low for the year at 78.915. In May, the dollar exploded higher and has not looked back since. This past week, the dollar reached new highs...
DBC: 21.64 (+0.23), USCI: 54.12 (+0.43), DEE: 42.17 (unch), CMDT: 47.10 (unch), RGRC: 20.91 (unch), DYY: 5.56 (-0.04), UUPT: 24.41 (-0.16), COMT: 49.45 (+0.60), UUP: 23.25 (-0.06), USDU: 26.57 (-0.06), FTGC: 29.04 (+0.27), DDP: 36.62 (-0.53), SBV: 36.51 (-2.89), UDN: 24.61 (+0.08), FORX: 46.83 (+0.06), DPU: 13.77 (-0.18), UDNT: 13.25 (+0.17), BCM: 35.43 (-0.05)
Falling Volatility Aids U.S. Dollar Strength
Andrew Sachais - at Seeking Alpha - Mon Nov 10, 2:18PM CST
UUP: 23.25 (-0.06)