Draghi's Deflation Concerns Widens Monetary Divergence - Short EURUSD
FX Analyst - at Seeking Alpha - 2 hrs 55 mins ago
ULE: 19.27 (-0.11), URR: 21.48 (-0.16), UUPT: 27.78 (+0.12), FXE: 117.16 (-0.38), UDN: 23.43 (-0.06), EUO: 22.33 (+0.14), USDU: 27.35 (+0.04), EUFX: 40.77 (+0.17), FORX: 45.30 (+0.16), ERO: 45.44 (-0.06), UUP: 24.30 (+0.05), UDNT: 11.50 (-0.09), DRR: 51.65 (+0.61)
Buy And Hold Complacency Has Peaked, The Saudis Still Aren't Kidding And Europe Is A Disaster Zone
Mercenary Trader - at Seeking Alpha - Tue Jan 06, 12:15PM CST
As we noted in this week's Macro View, the deep structure of markets is mean reverting and cyclical. Given the passage of time, the pendulum always swings . This matters because, for the past few years, "macro" considerations went into...
FEZ: 34.86 (-0.40), SPY: 199.82 (-1.90), GREK: 12.33 (-0.44), OIL: 10.98 (-0.49), DIA: 173.39 (-1.45), RSX: 14.16 (-0.17), FXE: 117.16 (-0.38), TLT: 131.65 (+2.33), XLE: 75.12 (-1.12)
Is The EUR Bear Impatient?
Dean Popplewell - Seeking Alpha - Tue Jan 06, 9:32AM CST
By Dean Popplewell The market has yet to take a breather in this new year, basically carrying on where we left off Q4, 2014. Traders and dealers are happy that there is strong price movement from all the asset classes – bonds, equities and...
FXA: 80.99 (+0.08), FXB: 148.81 (-1.01), FXY: 82.11 (+0.80), FXC: 84.06 (-0.57), FXE: 117.16 (-0.38), FXF: 96.66 (-0.25), UDN: 23.43 (-0.06), UUP: 24.30 (+0.05)
Euro-Dollar Exaggerates Euro's Decline
Marc Chandler - Seeking Alpha - Tue Jan 06, 8:39AM CST
The euro has declined roughly 13% against the dollar over the past six months. This is supposed to be stimulative for the eurozone economy, but it remains moribund. What gives? Part of the problem is that the bilateral exchange rate is not the...
OIL: 10.98 (-0.49), FXE: 117.16 (-0.38)
10 Remarkable Gold And Silver Trends Going Into 2015
Gold Silver Worlds - Seeking Alpha - Tue Jan 06, 7:40AM CST
The chart setup for gold (NYSEARCA: GLD ) and silver (NYSEARCA: SLV ) does not really look like prices are ready to move (much) higher, at least not in the short run. Excellent gold and silver chart analysis was provided by Michael Noonan in gold and...
FXA: 80.99 (+0.08), GLD: 117.12 (+1.32), FXY: 82.11 (+0.80), FXB: 148.81 (-1.01), PHYS: 10.07 (+0.10), SLV: 15.83 (+0.33), FXE: 117.16 (-0.38)
German Delusion Could Lead To Acropolis Now Redux
Mercenary Trader - Seeking Alpha - Tue Jan 06, 7:30AM CST
Europe is staring into a deflationary abyss. Unemployment is above 20 percent in many euro zone countries - with youth unemployment more than twice that - and imposed austerity measures are strangling the economies which are hurting most. This...
FXE: 117.16 (-0.38)
What's Eating The Euro?
Wall Street Strategies - at Seeking Alpha - Tue Jan 06, 7:18AM CST
By Jennifer Coombs Across international markets, the most intriguing headline was out of Germany, which reported a substantial decline in its consumer price index (CPI) relative to a year ago. Year over year, the inflation rate is expected...
ULE: 19.27 (-0.11), URR: 21.48 (-0.16), FXE: 117.16 (-0.38), EUO: 22.33 (+0.14), EUFX: 40.77 (+0.17), ERO: 45.44 (-0.06), DRR: 51.65 (+0.61)
Oil Continues To Plunge, Equities Slip, Yen Rises
Marc Chandler - Seeking Alpha - Tue Jan 06, 5:58AM CST
Oil prices are tumbling with Brent approaching $51 and WTI near $48.5. This follows yesterday's announcement by Saudi Arabia of deeper discounts next month for the US and Europe. This was seen as a further confirmation that it adheres to its market...
FXA: 80.99 (+0.08), FXB: 148.81 (-1.01), FXY: 82.11 (+0.80), OIL: 10.98 (-0.49), FXE: 117.16 (-0.38), UUP: 24.30 (+0.05)
Risk Of Germany, Spain And Greece Pushing Europe Into Hyperinflation
FX Analyst - at Seeking Alpha - Tue Jan 06, 5:14AM CST
GLD: 117.12 (+1.32), FXE: 117.16 (-0.38)
EUR/USD - Calm Ahead Of Euro PMI Reports
Dean Popplewell - at Seeking Alpha - Tue Jan 06, 4:57AM CST
By Kenny Fisher EUR/USD is showing limited movement on Tuesday. In the European session, the pair is trading in the mid-119 range. On the release front, the Eurozone will release Spanish, Italian and Eurozone Services PMIs. The estimate for all...
ULE: 19.27 (-0.11), URR: 21.48 (-0.16), FXE: 117.16 (-0.38), EUO: 22.33 (+0.14), EUFX: 40.77 (+0.17), ERO: 45.44 (-0.06), DRR: 51.65 (+0.61)
Euro zone ended 2014 in bad shape
Seeking Alpha - at Seeking Alpha - Tue Jan 06, 4:01AM CST
ULE: 19.27 (-0.11), URR: 21.48 (-0.16), FXE: 117.16 (-0.38), EUO: 22.33 (+0.14), EUFX: 40.77 (+0.17), ERO: 45.44 (-0.06), DRR: 51.65 (+0.61)
Peak What? Christmastime In Hell? Part 5
The Nattering Naybob - at Seeking Alpha - Tue Jan 06, 3:06AM CST
HK: 1.57 (-0.12), EXXI: 2.65 (-0.46), SLB: 81.72 (-1.63), SPY: 199.82 (-1.90), LNCO: 11.31 (+0.09), SCTY: 49.50 (-0.56), FXE: 117.16 (-0.38), BKLN: 23.86 (-0.07), BKF: 34.40 (-0.15), PSX: 66.02 (-1.90), EXC: 36.22 (-0.28), IEF: 107.90 (+0.72), EOX: 1.03 (-0.03), TPLM: 4.22 (-0.27), HNR: 0.90 (-0.07), CLB: 114.25 (+1.11), CPE: 5.02 (unch), IWM: 115.31 (-2.03), PDCE: 38.78 (-1.07), OAS: 14.76 (-0.67),
Greece And Oil Grease The Path: Dollar-Euro Parity In 2015
Andrew Hecht - at Seeking Alpha - Mon Jan 05, 5:29PM CST
USO: 18.05 (-0.74), ULE: 19.27 (-0.11), GREK: 12.33 (-0.44), URR: 21.48 (-0.16), UUPT: 27.78 (+0.12), BNO: 19.92 (-0.78), EUO: 22.33 (+0.14), UUP: 24.30 (+0.05), USDU: 27.35 (+0.04), OIL: 10.98 (-0.49), FXE: 117.16 (-0.38), UDN: 23.43 (-0.06), ERO: 45.44 (-0.06), FORX: 45.30 (+0.16), EUFX: 40.77 (+0.17), DRR: 51.65 (+0.61), UDNT: 11.50 (-0.09)
January Events To Keep Currency Blues Away
Dean Popplewell - Seeking Alpha - Mon Jan 05, 8:59AM CST
By Dean Popplewell The first full week of 2015 is upon us, and the markets have already heated up from their one-week holiday slumber. The next five-days are laden with crucial economic releases including key inflation data for the Eurozone;...
ADRU: 21.37 (-0.20), ULE: 19.27 (-0.11), VGK: 50.05 (-0.57), FEZ: 34.86 (-0.40), DBEU: 25.41 (-0.20), FEEU: 95.32 (-0.99), EURL: 25.28 (-0.86), URR: 21.48 (-0.16), FIEU: 98.74 (-0.70), EZU: 34.65 (-0.36), FEP: 28.28 (-0.31), FEUZ: 29.46 (-0.54), IEUR: 41.78 (-0.42), EUO: 22.33 (+0.14), UPV: 39.49 (-0.51), FEU: 32.67 (-0.41), HEDJ: 54.19 (-0.20), EPV: 69.36 (+1.49), IEV: 40.61 (-0.44), DBEZ: 24.94 (unch), ESTX: 42.42 (-0.38), FXE: 117.16 (-0.38), HEZU: 23.80 (-0.17), EUFX: 40.77 (+0.17), ERO: 45.44 (-0.06), DRR: 51.65 (+0.61)
EUR/USD - Euro Struggling To Stay Above 1.19
Dean Popplewell - Seeking Alpha - Mon Jan 05, 8:04AM CST
By Kenny Fisher EUR/USD remains under pressure at the start of the trading week, as the pair trades at the 1.19 line in Monday's European session. On the release front, today's highlight is German CPI, which will be released later in the day....
ULE: 19.27 (-0.11), URR: 21.48 (-0.16), UUPT: 27.78 (+0.12), FXE: 117.16 (-0.38), UDN: 23.43 (-0.06), EUO: 22.33 (+0.14), USDU: 27.35 (+0.04), EUFX: 40.77 (+0.17), FORX: 45.30 (+0.16), ERO: 45.44 (-0.06), UUP: 24.30 (+0.05), UDNT: 11.50 (-0.09), DRR: 51.65 (+0.61)
Draghi And Merkel Drive Euro Lower
Marc Chandler - Seeking Alpha - Mon Jan 05, 7:05AM CST
In very early Asia, participants responded to Draghi's sovereign bond buying hints, and Merkel's seeming willingness to let Greece leave EMU by sending the euro to a low of $1.1865, according to Bloomberg. The thin conditions exacerbated the move,...
SPY: 199.82 (-1.90), FXB: 148.81 (-1.01), FXY: 82.11 (+0.80), FXE: 117.16 (-0.38), UUP: 24.30 (+0.05)
European shares decline, euro still below $1.20
Seeking Alpha - at Seeking Alpha - Mon Jan 05, 3:29AM CST
ULE: 19.27 (-0.11), URR: 21.48 (-0.16), FXE: 117.16 (-0.38), EUO: 22.33 (+0.14), EUFX: 40.77 (+0.17), ERO: 45.44 (-0.06), DRR: 51.65 (+0.61)
Short The Franc Even As Negative Rates Are Proving Insufficient To End Strength Versus The Euro
Dr. Duru - at Seeking Alpha - Mon Jan 05, 3:12AM CST
FXE: 117.16 (-0.38), FXF: 96.66 (-0.25), UUP: 24.30 (+0.05)
Focus On Very Important EUR Economic Calendar Events - 2nd Week Of 2015
FX Analyst - at Seeking Alpha - Mon Jan 05, 12:19AM CST
ULE: 19.27 (-0.11), URR: 21.48 (-0.16), FXE: 117.16 (-0.38), EUO: 22.33 (+0.14), EUFX: 40.77 (+0.17), ERO: 45.44 (-0.06), DRR: 51.65 (+0.61)
Euro dips to 8-year low
Seeking Alpha - at Seeking Alpha - Sun Jan 04, 4:37PM CST
ULE: 19.27 (-0.11), URR: 21.48 (-0.16), FXE: 117.16 (-0.38), EUO: 22.33 (+0.14), EUFX: 40.77 (+0.17), ERO: 45.44 (-0.06), DRR: 51.65 (+0.61)