Dollar Strength Is Coming To An End
Jeff Opdyke - Seeking Alpha - Sat Mar 21, 5:51AM CDT
Welcome to the beginning of the end of dollar strength. I say that because of what the Federal Reserve told the world this week. As expected, the Fed removed the word "patience" from the official policy language it has been using for years...
VPL: 62.52 (+0.97), FEZ: 39.29 (+1.10), IPAC: 52.38 (+0.90), ADRA: 30.84 (+0.38), UUPT: 29.72 (-0.06), UDN: 21.61 (+0.26), USDU: 28.43 (-0.39), FORX: 42.90 (-0.29), AIA: 49.92 (+0.32), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15)
Oil spikes, dollar plummets - what gives?
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 8:29AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), OLO: 6.80 (+0.05), DTO: 115.21 (-3.60), UUPT: 29.72 (-0.06), BNO: 20.47 (+0.31), UWTI: 2.07 (+0.13), UGA: 35.09 (+0.27), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), SCO: 93.38 (-4.24), SZO: 73.00 (-1.95), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), UDN: 21.61 (+0.26), FORX: 42.90 (-0.29), DWTI: 149.45 (-10.55), UDNT: 10.33 (-0.15), UHN: 21.04 (-0.08), USL: 23.65 (+0.47)
The U.S. Dollar's Backdraft
Daniel Zurbrügg - at Seeking Alpha - Fri Mar 20, 1:08AM CDT
Dollar Backdraft / Global Investment Paradigm Shift In 2015/2016 We are writing to you only a few weeks after sending out our New Year's investment outlook as we would like to present you a more detailed follow-up to that investment update. We...
UUPT: 29.72 (-0.06), UDN: 21.61 (+0.26), USDU: 28.43 (-0.39), FORX: 42.90 (-0.29), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15)
Why The Dollar Is Rising As The Global Monetary Bubble Craters
Jay Taylor - Seeking Alpha - Thu Mar 19, 4:23PM CDT
This past week, David Stockman himself wrote an exceptionally good explanation why the dollar is "getting stronger." Although the fact that the Yankee dollar is stronger is nice for us Americans when we visit Canada, there is no reason to...
FXCH: 79.77 (unch), JYN: 47.40 (-0.75), CNY: 42.97 (+0.37), ULE: 15.74 (+0.44), FXY: 80.98 (+0.65), UUPT: 29.72 (-0.06), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), YCL: 13.95 (+0.18), URRE: 1.42 (+0.06), YCS: 89.12 (-1.41), CYB: 25.38 (-0.01), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
The morning after: Dollar retakes much of lost ground
Seeking Alpha - at Seeking Alpha - Thu Mar 19, 7:04AM CDT
FXA: 77.83 (+1.47), UUPT: 29.72 (-0.06), FXY: 80.98 (+0.65), FXB: 146.71 (+2.18), FXC: 79.03 (+0.88), UDN: 21.61 (+0.26), FXF: 99.75 (+1.49), USDU: 28.43 (-0.39), FORX: 42.90 (-0.29), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15)
When Will The Euro Stop Its Slide?
Wall Street Daily - Seeking Alpha - Thu Mar 19, 4:13AM CDT
By Karim Rahemtulla Now's the time to get the hell out of the United States… You see, the euro is approaching $1.05, and I think it's headed lower still. We could see it reach parity with the U.S. dollar by the end of next month! The...
ULE: 15.74 (+0.44), FEZ: 39.29 (+1.10), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Celebrations Over QE That Doesn't Work, So Bring More QE
Joseph Calhoun - Seeking Alpha - Thu Mar 19, 2:28AM CDT
By Jeffrey P. Snider Ever since the price of oil became a major economic theme last fall, even before the now-ubiquitous "dollar" though they are essentially one and the same function, economists and especially those at the FOMC have been...
FINF: 42.47 (-0.64), SINF: 47.80 (unch), UUPT: 29.72 (-0.06), INFL: 39.28 (unch), UINF: 27.79 (+0.01), UDN: 21.61 (+0.26), USDU: 28.43 (-0.39), FORX: 42.90 (-0.29), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DEFL: 58.00 (unch), RINF: 30.61 (+0.74)
Violent Swing Back To Pessimism And Liquidity
Joseph Calhoun - at Seeking Alpha - Thu Mar 19, 1:59AM CDT
By Jeffrey P. Snider With the FOMC throwing in the towel on the US "boom", funding markets have knee-jerked back into the same trends as predominated during the prior liquidity events. In other words, extreme pessimism has once again...
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Flash crash in the dollar
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 3:25PM CDT
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Dollar off sharply as Fed slows rate hike estimates
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 1:15PM CDT
FXA: 77.83 (+1.47), UUPT: 29.72 (-0.06), FXY: 80.98 (+0.65), FXB: 146.71 (+2.18), FXC: 79.03 (+0.88), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), FXF: 99.75 (+1.49), USDU: 28.43 (-0.39), FORX: 42.90 (-0.29), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15)
The ECB Is Saving The Dollar
Mises Institute - Seeking Alpha - Wed Mar 18, 5:13AM CDT
By Ryan McMaken There are many risks to the dollar out there, but a more valuable euro isn't one of them. In a world of free-floating fiat currencies, currency value is mostly relative. Thus, the dollar might have faced stiff competition from the...
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
Multi-Dimensional Navigation Of Systemic 'Dollar' Alteration
Joseph Calhoun - Seeking Alpha - Wed Mar 18, 5:11AM CDT
By Jeffrey P. Snider Under the traditional formula for viewing currency movements, a rising currency is believed to be a huge impediment for economic expansion as exports "become relatively more expensive" against trading partners and...
CYB: 25.38 (-0.01), UUPT: 29.72 (-0.06), UDN: 21.61 (+0.26), USDU: 28.43 (-0.39), FORX: 42.90 (-0.29), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15)
Dollar Demand = Global Economy Has Skidded Over The Cliff
Charles Hugh Smith - Seeking Alpha - Wed Mar 18, 5:08AM CDT
Borrowing in USD was risk-on; buying USD is risk-off. There is a lively debate about the global demand for U.S. dollars: Global finance faces $9 trillion stress test as dollar soars (Telegraph.co.uk) Is There a US$ Shortage? Will it Sink the...
UUPT: 29.72 (-0.06), UDN: 21.61 (+0.26), USDU: 28.43 (-0.39), FORX: 42.90 (-0.29), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15)
Yellen Patience Will Not Be Transitory
Ashraf Laidi - Seeking Alpha - Wed Mar 18, 2:49AM CDT
The Fed will likely remove "patient" from its statement, but not from its actions. Although oil prices rallied more than 20% following the January Fed decision, their swift decline to fresh six-year lows raises questions about whether the...
FINF: 42.47 (-0.64), SINF: 47.80 (unch), UUPT: 29.72 (-0.06), INFL: 39.28 (unch), UINF: 27.79 (+0.01), UDN: 21.61 (+0.26), USDU: 28.43 (-0.39), FORX: 42.90 (-0.29), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DEFL: 58.00 (unch), RINF: 30.61 (+0.74)
Assessing The Dollar's Danger
Kristina Hooper - at Seeking Alpha - Tue Mar 17, 2:14AM CDT
It's a bird. It's a plane. No, it's the mighty US dollar, which has risen nearly 4% relative to the euro in the past 12 trading days - a breakneck pace. In fact, the dollar is on pace to have its strongest quarterly rise since 1992, according to Bank...
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
U.S. Dollar Still Has Upside Ahead, Australian Dollar Is Vulnerable
Philip Baker - Seeking Alpha - Mon Mar 16, 9:52AM CDT
The US dollar continues to power ahead with a 2.6% rise in the US dollar index last week to 100.18, taking the increase to 11.0% since the beginning of the year. This follows a rise of 12.8% in 2014. All but the most optimistic of bulls must be...
GDAY: 24.89 (+0.31), FXA: 77.83 (+1.47), CROC: 55.39 (-2.05), UUPT: 29.72 (-0.06), UDN: 21.61 (+0.26), USDU: 28.43 (-0.39), FORX: 42.90 (-0.29), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15)
The Mexican Peso: An Oil Hedge Bought Some Stability But That Is Only Part Of The Story
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 7:00AM CDT
OLO: 6.80 (+0.05), UMX: 33.41 (+0.63), BNO: 20.47 (+0.31), USDU: 28.43 (-0.39), DNO: 63.87 (-1.37), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), UDNT: 10.33 (-0.15), XLE: 76.91 (+0.60), USO: 16.43 (+0.35), UCO: 6.50 (+0.26), DTO: 115.21 (-3.60), UUPT: 29.72 (-0.06), UWTI: 2.07 (+0.13), SCO: 93.38 (-4.24), UUP: 25.82 (-0.35), EWW: 59.32 (+0.92), SZO: 73.00 (-1.95), SMK: 23.26 (-0.32), DBMX: 25.33 (+0.14), DBO: 13.39 (+0.22), QMEX: 25.32 (+0.51), UDN: 21.61 (+0.26), DWTI: 149.45 (-10.55), FORX: 42.90 (-0.29), USL: 23.65 (+0.47)
Not So Precious: The Dollar Is A Problem For The Precious Metals
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 6:30AM CDT
GLDI: 11.72 (+0.09), OUNZ: 11.79 (+0.12), SIVR: 16.44 (+0.56), DSLV: 53.12 (-7.07), USDU: 28.43 (-0.39), SGOL: 115.86 (+1.34), GDXJ: 24.10 (+0.88), SLV: 16.00 (+0.56), GDX: 19.33 (+0.62), PGM: 24.25 (+0.80), UGL: 38.08 (+0.77), BARS: 47.25 (-1.58), DZZ: 7.35 (-0.15), DGL: 39.03 (+0.43), GLTR: 61.41 (+1.07), UUP: 25.82 (-0.35), DGP: 23.18 (+0.53), UBG: 30.56 (+0.27), DGZ: 15.52 (-0.17), IAU: 11.44 (+0.13), RGLD: 67.51 (+1.25), WITE: 33.41 (+0.73), AGOL: 113.86 (unch), FORX: 42.90 (-0.29), PALL: 75.29 (+1.12), UGLD: 10.99 (+0.33), GYEN: 13.06 (+0.01), JJP: 56.85 (+1.25), GEUR: 13.79 (-0.02), AGQ: 42.25 (+2.95), PTM: 12.42 (+0.16), BLNG: 30.80 (-1.60), ZSL: 100.25 (-7.75), UDNT: 10.33 (-0.15), TBAR: 23.82 (-0.05), ABX: 11.10 (+0.21), UUPT: 29.72 (-0.06), USV: 22.54 (+1.01), NEM: 22.95 (+0.13), PPLT: 110.29 (+1.44), DGLD: 74.82 (-2.68), DBS: 26.89 (+0.97), RGRP: 16.71 (+0.25), SLVO: 11.45 (+0.33), USLV: 21.12 (+2.11), DBP: 36.96 (+0.56), GLD: 113.57 (+1.28), UDN: 21.61 (+0.26), BAR: 26.60 (+0.79), GG: 19.17 (+0.56), GLL: 98.55 (-2.23)
Commodity Prices And The Dollar: Why The Dollar Could Mean An Ugly Year For Certain Raw Material Prices
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 5:30AM CDT
DJP: 28.08 (+0.39), DEE: 63.00 (-1.12), CMDT: 40.52 (+0.74), DYY: 4.10 (+0.08), COMT: 38.80 (+0.63), CSCB: 14.02 (-0.53), USDU: 28.43 (-0.39), CMD: 93.76 (-4.43), FTGC: 24.53 (+0.40), GSP: 18.91 (+0.32), UCI: 15.35 (+0.23), PDBC: 19.93 (+0.26), UCD: 11.65 (+0.41), CSCR: 14.06 (-0.89), DPU: 10.51 (unch), UDNT: 10.33 (-0.15), GSC: 27.76 (+0.38), DBC: 17.21 (+0.23), USCI: 45.75 (+0.65), RGRC: 17.61 (unch), UUPT: 29.72 (-0.06), RJI: 5.87 (+0.10), UUP: 25.82 (-0.35), GSG: 19.51 (+0.25), DJCI: 18.23 (+0.24), DDP: 46.00 (unch), SBV: 27.97 (unch), LSC: 5.93 (-0.08), GCC: 21.48 (+0.28), UDN: 21.61 (+0.26), FORX: 42.90 (-0.29), BCM: 30.62 (+0.48)
The Euro-Dollar Riot!
David Kotok - at Seeking Alpha - Sun Mar 15, 10:06AM CDT
We open this commentary by trying to simplify a very complex trade. Think of yourself as the corporate treasurer of a midsized American company. You have your basic business activities in the United States, and you have several divisions in Europe....
ULE: 15.74 (+0.44), SPY: 210.41 (+0.91), URR: 17.25 (+0.55), UUPT: 29.72 (-0.06), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)