Europe's Slow-Motion Descent Into Deflation
James Picerno - Seeking Alpha - Mon Jan 12, 11:56AM CST
The Eurozone economy seems to be slipping ever so slowly into a deflationary trap, which means that the European Central Bank needs to react. The crowd’s expecting no less via a formal announcement later this month from the ECB. But the...
FXE: 116.53 (-0.08), EUO: 22.54 (+0.03), EUFX: 40.96 (+0.05), ERO: 45.25 (+0.37), DRR: 52.27 (+0.04)
European Investors: How To Protect Yourself From Deflation
Kristin Blumenroether - at Seeking Alpha - Mon Jan 12, 7:18AM CST
ULE: 19.06 (-0.02), URR: 21.05 (+0.07), GLD: 118.56 (+1.30), EZU: 35.21 (+0.10), FXE: 116.53 (-0.08), EUO: 22.54 (+0.03), EUFX: 40.96 (+0.05), ERO: 45.25 (+0.37), UUP: 24.38 (unch), FXS: 122.80 (-0.51), DRR: 52.27 (+0.04)
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)
Why Grexit Is Beneficial To Greece But Will Not Happen
Aristofanis Papadatos - at Seeking Alpha - Mon Jan 12, 6:09AM CST
GREK: 12.96 (+0.37), FXE: 116.53 (-0.08)
Buck Bounces Back, But Unlikely To See Much Follow-Through In New York
Marc Chandler - at Seeking Alpha - Mon Jan 12, 6:03AM CST
In thin Asian trading, with the Japanese markets closed for holiday, the US dollar's pre-weekend losses were extended. However, European participants took advantage of that pullback to buy more dollars. A similar reversal of sentiment was evident in...
FXY: 82.22 (+0.15), FXE: 116.53 (-0.08), 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 EUR Economic Calendar Events - 3rd Week Of 2015
FX Analyst - at Seeking Alpha - Sun Jan 11, 10:17AM CST
ULE: 19.06 (-0.02), URR: 21.05 (+0.07), FXE: 116.53 (-0.08), EUO: 22.54 (+0.03), EUFX: 40.96 (+0.05), ERO: 45.25 (+0.37), DRR: 52.27 (+0.04)
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)
The ECB Will Be A Big Factor In 2015's First Half
Sy Harding - at Seeking Alpha - Fri Jan 09, 5:20PM CST
The European Central Bank has provided assurances for months that it is "monitoring" economic conditions in the 18-nation eurozone and will take aggressive stimulus measures "if necessary." However, even as those economic...
VGK: 50.99 (-0.01), EU: 21.06 (-0.25), FXE: 116.53 (-0.08)
A Good Week For Euro Shorts
Andrew Sachais - at Seeking Alpha - Fri Jan 09, 2:51PM CST
ULE: 19.06 (-0.02), URR: 21.05 (+0.07), FXE: 116.53 (-0.08), EUO: 22.54 (+0.03), EUFX: 40.96 (+0.05), ERO: 45.25 (+0.37), DRR: 52.27 (+0.04)
On The Verge Of Another Euro Crisis?
Leo Kolivakis - Seeking Alpha - Fri Jan 09, 2:38PM CST
Don Pittis of the CBC reports, The re-emergence of crisis theory as Europe faces new calamity : To Canadian political economist Daniel Drache, Europe feels like it could be on the verge of a crisis. Yesterday's violent killings at the Charlie...
IEV: 41.36 (unch), GREK: 12.96 (+0.37), FXE: 116.53 (-0.08)
Week In FX Europe: Euro / U.S. Dollar Higher After NFP Low-Wage Disappointment
Dean Popplewell - Seeking Alpha - Fri Jan 09, 2:18PM CST
By Alfonso Esparza Falling oil prices, political uncertainty in Greece reigniting the austerity debate and low inflation keep driving the EUR/USD to multi-year lows. The release of the non-farm payrolls (NFP) report in the United States...
FXE: 116.53 (-0.08), UDN: 23.33 (-0.01), EUO: 22.54 (+0.03), UUP: 24.38 (unch), ERO: 45.25 (+0.37)
Goldman: Prolonged period of dollar strength
Seeking Alpha - at Seeking Alpha - Fri Jan 09, 2:09PM CST
FXA: 81.64 (-0.45), UUPT: 28.11 (+0.05), FXE: 116.53 (-0.08), UDN: 23.33 (-0.01), USDU: 27.27 (+0.02), FORX: 45.47 (-0.06), UUP: 24.38 (unch), UDNT: 11.22 (-0.17)
Greece, Germany And The ECB And What They Mean For Bonds, Stocks And The Euro
Colin Lloyd - Seeking Alpha - Fri Jan 09, 12:17PM CST
Greece is back in the spotlight amid renewed fears of a break-up of the Euro as the Syriza party show a 3.1% lead over the incumbent New Democracy in the latest Rass opinion poll - 4th January. The average of the last 20 polls - dating back to 15th...
SPY: 202.65 (-1.60), VGK: 50.99 (-0.01), EU: 21.06 (-0.25), FXE: 116.53 (-0.08)
2015: The Year Of The Slump?
Alasdair Macleod - Seeking Alpha - Fri Jan 09, 10:22AM CST
2014 ended with two ominous developments: the strength of the US dollar and a collapse in key commodity prices. It is tempting to view both events as one, but the continuing fall in oil prices through December reveals they are sequential: first...
SPY: 202.65 (-1.60), QQQ: 101.55 (-1.07), IEV: 41.36 (unch), GLD: 118.56 (+1.30), DIA: 176.24 (-0.98), FXY: 82.22 (+0.15), IWM: 117.18 (-0.39), SLV: 15.87 (+0.10), FXE: 116.53 (-0.08), UDN: 23.33 (-0.01), UUP: 24.38 (unch), XLE: 74.16 (-2.20)
Economic Sense: Greece And The Euro
Epoch Times - Seeking Alpha - Fri Jan 09, 10:07AM CST
(click to enlarge) An employee walks at the reception hall of the Athens stock exchange in Greece on April 8, 2013. (Aris Messinis/AFP/Getty Images) As the euro keeps plunging and Greek bond yields are soaring, markets are preparing for the...
GREK: 12.96 (+0.37), FXE: 116.53 (-0.08)
Short the Euro with These ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Fri Jan 09, 9:00AM CST
Investors who believe that the euro will fall further against the dollar should look to these inverse currency ETFs.
FXE: 116.53 (-0.08), EUO: 22.54 (+0.03), UUP: 24.38 (unch), USDU: 27.27 (+0.02), DRR: 52.27 (+0.04)
Consensus On U.S. Job Growth Met, But Big Earnings Disappointment
Marc Chandler - Seeking Alpha - Fri Jan 09, 8:24AM CST
The US grew 252k net jobs in December and the October-November series was revised up by 50k. The participation rate ticked down to match the cyclical low seen last September of 62.7% (from an upwardly revised 62.9% in November). This was behind the...
FXY: 82.22 (+0.15), FXC: 83.08 (-0.76), FXE: 116.53 (-0.08), 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)