USD/JPY - Yen Staggers To 2014 Finish Line At 120
Dean Popplewell - at Seeking Alpha - Thu Jan 01, 8:02AM CST
By Kenny Fisher USD/JPY ended 2014 on a quiet note, with limited movement on Wednesday. The pair closed the day short of the 120 level, at 119.68. Japanese and US markets are closed on Thursday for the New Year's holiday. US markets will resume...
JYN: 47.79 (unch), YCL: 14.12 (+0.03), YCS: 89.30 (+0.32), FXY: 81.21 (-0.20)
Dollar Bulls Easy To Please As The Fed Calls Commodity Bust Economically Transitory
Alexander Prindle - at Seeking Alpha - Wed Dec 31, 4:53PM CST
FXSG: 74.95 (+0.09), FXY: 81.21 (-0.20), UDN: 23.76 (-0.07), UUP: 23.97 (+0.08)
USD/JPY - Shrinking Yen Expected To Weaken Further In 2015
Dean Popplewell - at Seeking Alpha - Wed Dec 31, 1:19PM CST
By Kenny Fisher USD/JPY has steadied on Wednesday, after the yen gained about 100 points a day earlier. Later in the European session, USD/JPY is trading in the mid-119 range. On the release front, Japanese markets are closed on Wednesday and...
FXY: 81.21 (-0.20), UUP: 23.97 (+0.08)
Dollar Slips Into Year End
Marc Chandler - at Seeking Alpha - Wed Dec 31, 6:11AM CST
The US dollar is trading with a slightly heavier bias as the last minute position adjustment takes a toll. The dollar-bloc and Scandis are doing somewhat better, sterling is a few ticks higher, while the euro and yen are straddling yesterday's...
DIG: 54.01 (-0.80), GREK: 13.40 (-0.03), FXA: 81.73 (-0.26), OIL: 12.54 (+0.04), FXB: 153.06 (+0.24), FXY: 81.21 (-0.20), FXC: 85.54 (-0.13), FXE: 119.14 (-0.53), UUP: 23.97 (+0.08)
8 To 12 Trillion New Yen Per Month? Stick A Fork In It.
Vincent Cate - at Seeking Alpha - Wed Dec 31, 4:38AM CST
On December 30 the Bank of Japan announced that it will start making 8 to 12 trillion new Yen per month . To get an idea of the scale of this, the Government of Japan averages less than 5 trillion per month in taxes collected . On April 4, 2013,...
JYN: 47.79 (unch), YCL: 14.12 (+0.03), YCS: 89.30 (+0.32), FXY: 81.21 (-0.20)
Japan On Track For A Textbook Bust
Gold Silver Worlds - Seeking Alpha - Wed Dec 31, 3:45AM CST
Recently, we wrote a paper about the dynamics behind the boom and bust cycles, based on the view of the Austrian School (the Austrian Business Cycle Theory, or ABCT). The key takeaway was that central banks don't help in smoothing the amplitude of...
SGOL: 115.85 (-1.58), OUNZ: 11.81 (-0.16), GLD: 113.58 (-1.62), FXY: 81.21 (-0.20), PHYS: 9.77 (-0.14), IAU: 11.44 (-0.16), AGOL: 118.09 (+2.35)
2015 Outlook: Pain
Eric Parnell, CFA - at Seeking Alpha - Wed Dec 31, 3:09AM CST
XLB: 48.58 (-0.48), VXX: 31.51 (+2.31), EWN: 23.90 (-0.10), EWL: 31.69 (-0.27), TLT: 125.92 (+0.24), EWK: 16.20 (-0.09), EEM: 39.29 (+0.03), KRE: 40.70 (-0.44), XLP: 48.49 (-0.60), SPY: 205.54 (-2.06), FXB: 153.06 (+0.24), XLK: 41.35 (-0.46), FM: 30.80 (-0.15), XLI: 56.58 (-0.57), FXE: 119.14 (-0.53), KIE: 66.69 (-0.79), XLF: 24.73 (-0.28), VNQ: 81.00 (-1.39), XLE: 79.16 (-0.60), EIS: 46.78 (+0.34), SH: 21.78 (+0.22), IEF: 105.99 (+0.12), XLY: 72.15 (-0.29), FXY: 81.21 (-0.20), UL: 40.48 (-0.28), GSK: 42.74 (-0.05), XLU: 47.22 (-0.87), IVV: 206.87 (-2.14), UUP: 23.97 (+0.08), XLV: 68.38 (-0.69), EWU: 18.03 (-0.10), ENZL: 39.98 (-0.08), GLD: 113.58 (-1.62), EFA: 60.84 (-0.38), EDEN: 46.99 (-0.53), ACWX: 43.02 (-0.21), IWM: 119.62 (-0.72)
Best Of 2014: Economics, Capital Flows And Innovation
CFA Institute Contributors - at Seeking Alpha - Tue Dec 30, 4:04PM CST
By Ron Rimkus, CFA Every year at this time, we reflect back on the events of the last 12 months and take inventory. This year (2014) will likely go down in history as a pivotal transition year. The status quo is shifting. We are leaving...
USO: 20.36 (+0.07), VGK: 52.41 (-0.39), SPY: 205.54 (-2.06), QQQ: 103.25 (-1.07), FXY: 81.21 (-0.20), OIL: 12.54 (+0.04), DIA: 177.88 (-1.58), RSX: 14.63 (-0.91), EWJ: 11.24 (-0.06)
Peak What? Christmastime In Hell? Part 4
The Nattering Naybob - at Seeking Alpha - Tue Dec 30, 1:57PM CST
HK: 1.78 (+0.05), EXXI: 3.26 (-0.02), SLB: 85.41 (-1.03), SPY: 205.54 (-2.06), LNCO: 10.37 (+0.13), SCTY: 53.48 (-0.41), FXE: 119.14 (-0.53), BKF: 35.03 (+0.05), PSX: 71.70 (-1.22), EXC: 37.08 (-1.02), IEF: 105.99 (+0.12), EOX: 1.20 (+0.04), TPLM: 4.78 (-0.19), HNR: 1.81 (-0.11), CLB: 120.34 (-0.10), CPE: 5.45 (+0.08), IWM: 119.62 (-0.72), PDCE: 41.27 (-0.14), OAS: 16.54 (+0.23),
Abenomics: Deepening Japan's Economic Decline
John Lombardo, CFA - at Seeking Alpha - Tue Dec 30, 9:31AM CST
FXY: 81.21 (-0.20), EWJ: 11.24 (-0.06)
EUR Steady Ahead Of Turn
Dean Popplewell - Seeking Alpha - Tue Dec 30, 6:39AM CST
By Dean Popplewell The collapse of the Greek government is not expected to have the same knock on contagion effect witnessed during the "darkest days" of the euro debt crisis two years ago. Back then and similar to today, the ECB pledged...
FXA: 81.73 (-0.26), FXB: 153.06 (+0.24), FXY: 81.21 (-0.20), FXC: 85.54 (-0.13), FXE: 119.14 (-0.53), FXF: 98.16 (-0.48), UDN: 23.76 (-0.07), UUP: 23.97 (+0.08)
3 Developments In Thin Markets
Marc Chandler - Seeking Alpha - Tue Dec 30, 6:25AM CST
Market participation has been thinned by the approaching New Year. This is making for some choppy price action. The result is weaker equity markets and a softer US dollar. The greenback is lower against the euro and sterling. Sterling held just...
FXB: 153.06 (+0.24), FXY: 81.21 (-0.20), FCA: 22.67 (-0.05), FXE: 119.14 (-0.53), UUP: 23.97 (+0.08)
The Keynesian End Game Crystalizes In Japan's Monetary Madness
David Stockman - Seeking Alpha - Mon Dec 29, 3:10PM CST
If the BOJ’s mad money printers were treated as monetary pariahs by the rest of the world, it would at least imply that a modicum of sanity remains on the planet. But just the opposite is the case. Establishment institutions like the IMF, the...
JGBL: 21.46 (unch), JYN: 47.79 (unch), YCL: 14.12 (+0.03), JGBT: 25.83 (-0.01), YCS: 89.30 (+0.32), FXY: 81.21 (-0.20), JGBS: 18.20 (+0.06), JGBB: 48.53 (-0.65), JGBD: 15.37 (+0.04)
Bank Of Japan Easing Could Mean CAD/JPY Rebound
Michael Grogan - at Seeking Alpha - Mon Dec 29, 3:06PM CST
JYN: 47.79 (unch), YCL: 14.12 (+0.03), YCS: 89.30 (+0.32), FXY: 81.21 (-0.20), FXC: 85.54 (-0.13)
Marc Chandler Positions For 2015: It's Not The Things We Know That Get Us Into Trouble
Marc Chandler - Seeking Alpha - Mon Dec 29, 11:00AM CST
Today we present the fourth piece in Seeking Alpha's Positioning for 2015 series. This year we have once again asked experts on a range of different asset classes and investing strategies to offer their vision for the coming year and beyond. As...
JYN: 47.79 (unch), ULE: 19.80 (-0.18), URR: 22.28 (-0.20), FXY: 81.21 (-0.20), UUPT: 26.79 (+0.31), EUO: 21.61 (+0.22), USDU: 27.07 (+0.12), UUP: 23.97 (+0.08), YCL: 14.12 (+0.03), YCS: 89.30 (+0.32), FXE: 119.14 (-0.53), UDN: 23.76 (-0.07), EUFX: 40.03 (+0.24), ERO: 46.46 (-0.19), FORX: 45.00 (-0.54), DRR: 49.76 (+0.46), UDNT: 12.09 (+0.02)
EUR Not Bothered By Greek Outcome
Dean Popplewell - Seeking Alpha - Mon Dec 29, 7:02AM CST
By Dean Popplewell It’s a difficult week to get excited about in capital markets. Most of the necessary positional business that had to be done will have been concluded well ahead of the new year “turn” due to the massive...
FXA: 81.73 (-0.26), FXB: 153.06 (+0.24), FXY: 81.21 (-0.20), FXC: 85.54 (-0.13), FXE: 119.14 (-0.53), FXF: 98.16 (-0.48), UDN: 23.76 (-0.07), UUP: 23.97 (+0.08)
Prospect Of Greek Election Weighs On European Asset Markets
Marc Chandler - Seeking Alpha - Mon Dec 29, 6:11AM CST
The failure of Greek Prime Minister Samaras to secure sufficient votes in the third and final parliamentary attempt to select a new president has sparked a sell-off in European stocks and peripheral bonds. Up until now, the contagion from Greece has...
IEV: 42.53 (-0.31), GREK: 13.40 (-0.03), FXB: 153.06 (+0.24), FXY: 81.21 (-0.20), FXE: 119.14 (-0.53), UUP: 23.97 (+0.08), EWJ: 11.24 (-0.06)
Why I Would Go Long JPY/Short EUR In This Market
Michael Grogan - at Seeking Alpha - Sun Dec 28, 10:04AM CST
FXY: 81.21 (-0.20), FXE: 119.14 (-0.53)
Focus On Very Important JPY Economic Calendar Events - 1st Week Of 2015
FX Analyst - at Seeking Alpha - Sun Dec 28, 9:41AM CST
FXY: 81.21 (-0.20)