Euro Deja Vu
Dean Popplewell - Seeking Alpha - Mon Jan 12, 6:19AM CST
By Dean Popplewell Capital markets slated agenda for the next five-days will be considered rather boring compared to the events that kept all asset classes on their toes last week. The UK and France report their December CPI and PPI inflation...
FXA: 81.64 (-0.45), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXC: 83.08 (-0.76), FXE: 116.53 (-0.08), FXF: 96.14 (-0.04), UDN: 23.33 (-0.01), UUP: 24.38 (unch)
What Are We Watching?
Marc Chandler - at Seeking Alpha - Sun Jan 11, 11:15PM CST
The greatest risk to the divergence theme is not that the BOJ and ECB would abandon their pursuit of unorthodox monetary policy. It was that the consensus would swing against ideas that the Federal Reserve would raise rates near mid-year. The...
OIL: 10.47 (-0.65), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXE: 116.53 (-0.08), UUP: 24.38 (unch), EWJ: 11.09 (-0.04)
Focus On Very Important GBP Economic Calendar Events - 3rd Week Of 2015
FX Analyst - at Seeking Alpha - Sun Jan 11, 10:49PM CST
FXB: 149.02 (+0.09), GBB: 40.45 (unch)
News Stream May Favor U.S. Doves And Spur Dollar Consolidation
Marc Chandler - at Seeking Alpha - Sat Jan 10, 10:20PM CST
The US dollar turned in a mixed performance during the first week of the new year. It fell against the Antipodeans and yen but rose against the other major currencies. The dollar's performance against emerging market currencies was similarly mixed....
SPY: 202.65 (-1.60), DIG: 47.47 (-2.90), FXA: 81.64 (-0.45), OIL: 10.47 (-0.65), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXC: 83.08 (-0.76), FXE: 116.53 (-0.08), FXF: 96.14 (-0.04), UUP: 24.38 (unch)
Dollar Softer Ahead Of Employment Report
Marc Chandler - Seeking Alpha - Fri Jan 09, 5:34AM CST
The US dollar is slightly softer amid last minute position adjustments ahead of the US jobs data. After the outsized 321k increase in nonfarm payrolls in November, a more trend-like report is expected today. The three-month average of 278k was...
FXA: 81.64 (-0.45), FXY: 82.22 (+0.15), FXB: 149.02 (+0.09), FXE: 116.53 (-0.08), UUP: 24.38 (unch)
EUR Onwards And Downwards
Dean Popplewell - Seeking Alpha - Thu Jan 08, 7:24AM CST
By Dean Popplewell Risk appetite seems to have found some much needed love after yesterday’s December FOMC minutes indicated that Fed officials were willing to be “patient” on interest rates. Although the Fed signaled that rates...
FXA: 81.64 (-0.45), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXC: 83.08 (-0.76), FXE: 116.53 (-0.08), FXF: 96.14 (-0.04), UDN: 23.33 (-0.01), UUP: 24.38 (unch)
Bank of England stays on hold
Seeking Alpha - at Seeking Alpha - Thu Jan 08, 6:30AM CST
FXB: 149.02 (+0.09)
Dollar Shoots Higher
Marc Chandler - at Seeking Alpha - Thu Jan 08, 5:36AM CST
The combination of the outright deflation in the eurozone and the seeming immunity of the US economy to the poor global developments has encouraged investors to extend the dollar's gains. The euro has been pushed below $1.18. Sterling neared $1.50....
VGK: 50.99 (-0.01), FXA: 81.64 (-0.45), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXE: 116.53 (-0.08), UUP: 24.38 (unch)
Bank Of England To Hold Rates As Sins Of Past Resurface
Dean Popplewell - at Seeking Alpha - Wed Jan 07, 1:21PM CST
By Alfonso Esparza The GBP continues to give ground versus the USD early in 2015. The currency pair continues to be sensitive to slow global growth, the glut in inventories driving energy prices lower, and the uncertainty surrounding central bank...
FXB: 149.02 (+0.09), UUP: 24.38 (unch)
EUR Longs Have Few Places To Hide
Dean Popplewell - Seeking Alpha - Wed Jan 07, 6:38AM CST
By Dean Popplewell Investors are only interested in one number this morning and that’s the euro flash Consumer Price Index. Would it fall into negative territory for the first time in 5-years? And if so, would it bolster market expectations...
FXA: 81.64 (-0.45), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXC: 83.08 (-0.76), FXE: 116.53 (-0.08), FXF: 96.14 (-0.04), UDN: 23.33 (-0.01), UUP: 24.38 (unch)
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: 81.64 (-0.45), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXC: 83.08 (-0.76), FXE: 116.53 (-0.08), FXF: 96.14 (-0.04), UDN: 23.33 (-0.01), UUP: 24.38 (unch)
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: 81.64 (-0.45), GLD: 118.56 (+1.30), FXY: 82.22 (+0.15), FXB: 149.02 (+0.09), PHYS: 10.19 (+0.11), SLV: 15.87 (+0.10), FXE: 116.53 (-0.08)
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: 81.64 (-0.45), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), OIL: 10.47 (-0.65), FXE: 116.53 (-0.08), UUP: 24.38 (unch)
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: 202.65 (-1.60), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXE: 116.53 (-0.08), UUP: 24.38 (unch)
Week In FX - Dollar Demand Intensifies
Dean Popplewell - at Seeking Alpha - Sun Jan 04, 9:49AM CST
Two days into 2015 and the Capital Market theme remains the same, the mighty dollar is starting the New Year on firm footing. The dollar index (90.70) is flirting again with a new nine-year high on the back of Central Bank interest rate divergence....
ULE: 19.06 (-0.02), FXA: 81.64 (-0.45), URR: 21.05 (+0.07), FXY: 82.22 (+0.15), UUPT: 28.11 (+0.05), EUO: 22.54 (+0.03), USDU: 27.27 (+0.02), UUP: 24.38 (unch), FXB: 149.02 (+0.09), FXE: 116.53 (-0.08), UDN: 23.33 (-0.01), ERO: 45.25 (+0.37), FORX: 45.47 (-0.06), EUFX: 40.96 (+0.05), GBB: 40.45 (unch), DRR: 52.27 (+0.04), UDNT: 11.22 (-0.17)
Fundamental And Technical Factors Point To Further Dollar Gains
Marc Chandler - at Seeking Alpha - Sat Jan 03, 1:41PM CST
The US dollar is poised to extend last year's rally. The US economy is at least several quarters ahead of most of the other major economies. Barring a major surprise, the Federal Reserve will likely hike rates around the middle of the year, while...
SPY: 202.65 (-1.60), DIG: 47.47 (-2.90), DTUS: 34.59 (-0.38), FXA: 81.64 (-0.45), OIL: 10.47 (-0.65), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXC: 83.08 (-0.76), FXE: 116.53 (-0.08), FXF: 96.14 (-0.04), TLT: 131.82 (+0.75), UUP: 24.38 (unch), DTUL: 59.71 (-0.39)
Dollar Soars On Divergence
Marc Chandler - Seeking Alpha - Fri Jan 02, 6:13AM CST
The US dollar is beginning the New Year will strong gains against both major and emerging market currencies. The divergence between the US and the other high income countries has been underscored by comments from the BOJ's Kuroda and ECB's Draghi....
OIL: 10.47 (-0.65), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXE: 116.53 (-0.08), UUP: 24.38 (unch)
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: 47.47 (-2.90), GREK: 12.96 (+0.37), FXA: 81.64 (-0.45), OIL: 10.47 (-0.65), FXB: 149.02 (+0.09), FXY: 82.22 (+0.15), FXC: 83.08 (-0.76), FXE: 116.53 (-0.08), UUP: 24.38 (unch)
2015 Outlook: Pain
Eric Parnell, CFA - at Seeking Alpha - Wed Dec 31, 3:09AM CST
XLB: 48.29 (-0.11), VXX: 33.49 (+1.51), EWN: 23.20 (+0.15), EWL: 31.50 (-0.09), TLT: 131.82 (+0.75), EWK: 16.00 (+0.02), EEM: 38.95 (-0.32), KRE: 37.67 (-0.40), XLP: 48.96 (-0.15), SPY: 202.65 (-1.60), FXB: 149.02 (+0.09), XLK: 40.77 (-0.48), FM: 29.93 (+0.02), XLI: 55.04 (-0.38), FXE: 116.53 (-0.08), KIE: 64.69 (-0.61), XLF: 23.92 (-0.20), VNQ: 85.78 (+0.65), XLE: 74.16 (-2.20), EIS: 46.38 (-0.07), SH: 22.07 (+0.17), IEF: 108.35 (+0.38), XLY: 70.51 (-0.38), FXY: 82.22 (+0.15), UL: 40.46 (+0.61), GSK: 42.93 (+0.13), XLU: 47.27 (-0.11), IVV: 204.09 (-1.56), UUP: 24.38 (unch), XLV: 70.24 (+0.03), EWU: 17.52 (-0.07), ENZL: 40.33 (+0.07), GLD: 118.56 (+1.30), EFA: 59.50 (-0.14), EDEN: 46.83 (+0.15), ACWX: 42.08 (-0.17), IWM: 117.18 (-0.39)