The Dollar's Near-Term Vulnerability Is An Opportunity For Medium And Long Term Investors
Marc Chandler - Seeking Alpha - Sat Mar 21, 11:55AM CDT
The market staged a dramatic reversal of the near-term trends in response to the Federal Reserve meeting. In a masterstroke, Yellen dropped the word patience from the Fed's forward guidance and avoided delivering a hawkish signal. The equity...
SPY: 210.41 (+0.91), IEF: 108.31 (+0.44), DIG: 50.34 (+1.28), FXA: 77.83 (+1.47), OIL: 9.79 (+0.22), FXB: 146.71 (+2.18), FXY: 80.98 (+0.65), FXC: 79.03 (+0.88), FXE: 106.32 (+1.63), FXF: 99.75 (+1.49), UDN: 21.61 (+0.26), UUP: 25.82 (-0.35)
German Resurgence - Which Asset? Stocks, Bunds Or Real Estate?
Colin Lloyd - Seeking Alpha - Fri Mar 20, 2:37PM CDT
Last month Eurostat released German GDP data for Q 2014 at +0.7%, this was well above consensus forecasts of +0.3% and heralded a surge in the DAX stock index. For the year German growth was +1.6% this compares favorably to France which managed an...
EWG: 30.26 (+0.79), FXE: 106.32 (+1.63)
The Big Fat Greek Squeeze?
Leo Kolivakis - Seeking Alpha - Fri Mar 20, 2:31PM CDT
Marcus Bensasson and Nikos Chrysoloras of Bloomberg report, Empty Greek Coffers Bring 'Accident' Threat Closer : With Greece's coffers emptying and payments looming, Prime Minister Alexis Tsipras's government is in a tight race to avoid a...
GREK: 10.75 (+0.59), FXE: 106.32 (+1.63)
C'mon Angela, Let Them Greexit
David Stockman - Seeking Alpha - Fri Mar 20, 1:19PM CDT
With each passing day, it becomes more obvious that Europe is heading for an epochal financial conflagration. So buy the dip if you must, but don’t believe for a minute that the US has decoupled. When the euro and EU eventually implode, it will...
ULE: 15.74 (+0.44), GREK: 10.75 (+0.59), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
Week In FX: A Wild Ride For Forex Traders
Dean Popplewell - Seeking Alpha - Fri Mar 20, 12:18PM CDT
By Dean Popplewell Dollar bulls require patience Norges Bank disappoints but looking to cut No clarity on currency intervention from SNB Greece remains in the frame Many are hoping that it will be a calm close to a mad week that...
GREK: 10.75 (+0.59), FXE: 106.32 (+1.63), ERO: 41.04 (+0.73), UUP: 25.82 (-0.35)
The Bounce: A Look At EUR/AUD
Cerebro1 - at Seeking Alpha - Fri Mar 20, 6:21AM CDT
FXA: 77.83 (+1.47), FXE: 106.32 (+1.63)
Euro heads for best week in 18 months
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 5:20AM CDT
ULE: 15.74 (+0.44), URR: 17.25 (+0.55), FXE: 106.32 (+1.63), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
European QE Creates Distortions In World Economy
John Browne - Seeking Alpha - Fri Mar 20, 5:19AM CDT
In the closing months of 2014, Germany faced a difficult dilemma. Although its own economy was holding up well, incoming data showed that the rest of the Eurozone was rapidly slipping into recession. As a result, the calls for the European Central...
ADRU: 23.48 (+0.56), VGK: 55.87 (+1.41), FEZ: 39.29 (+1.10), DBEU: 29.69 (+0.31), FEEU: 115.60 (+6.09), EURL: 34.21 (+2.36), FIEU: 119.23 (+5.93), EZU: 39.08 (+1.08), FEP: 31.62 (+0.65), FEUZ: 32.88 (+0.78), IEUR: 46.52 (+1.12), UPV: 48.39 (+2.14), FEU: 36.03 (+0.69), HEDJ: 66.87 (+0.74), EPV: 54.01 (-2.86), SBEU: 25.31 (-0.10), IEV: 45.29 (+1.11), DBEZ: 29.79 (+0.37), ESTX: 47.80 (+1.54), FXE: 106.32 (+1.63), HEZU: 29.31 (+0.39)
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)
Investors Should Stick With Health Care Stocks, eBay Has Downside
at The Street - Thu Mar 19, 1:56PM CDT
The CNBC ‘Fast Money Halftime’ trading panel agrees that health care stocks still have an upside, while an analyst explains his decision to downgrade eBay.
KMI: 42.12 (+0.59), BIIB: 475.98 (+42.33), MNST: 137.52 (-0.76), EWG: 30.26 (+0.79), VXX: 25.73 (-0.40), NKE: 101.98 (+3.66), UNH: 119.14 (-1.62), KORS: 66.13 (-0.69), TLT: 131.51 (+0.69), GOOG: 560.36 (+2.37), COH: 41.58 (+0.32), SPY: 210.41 (+0.91), EBAY: 57.93 (+0.05), DIA: 180.96 (+1.30), GOOGL: 564.95 (+1.28), FL: 62.70 (+0.62), FXE: 106.32 (+1.63), AAPL: 125.90 (-1.60), FB: 83.80 (+1.05), TIF: 82.93 (-3.44), XLU: 44.98 (+0.05), UUP: 25.82 (-0.35), XRT: 100.96 (+0.28), ARO: 3.14 (+0.12), XLV: 74.90 (+0.33), CELG: 128.50 (+3.17), GES: 18.84 (-0.58), UA: 81.43 (+0.42), QQQ: 108.53 (+0.45), BONT: 6.40 (-0.08), GILD: 102.29 (+0.85), CRI: 93.89 (+2.18), IWM: 125.99 (+1.10)
What Greek Officials Are Missing: The Link Between Sovereignty And Solvency
Marc Chandler - Seeking Alpha - Thu Mar 19, 9:25AM CDT
Technical talks between Greece and its official creditors have been bogged down. The purpose of the talks is for the creditors to have a better understanding of the true financial conditions of Greece in light of the disruption caused the election...
GREK: 10.75 (+0.59), FXE: 106.32 (+1.63)
EUR's Bearish Picture Hardly Dented
Dean Popplewell - Seeking Alpha - Thu Mar 19, 6:55AM CDT
By Dean Popplewell Federal Reserve Chair Janet Yellen has been a dollar bull’s friend for a very long time, but yesterday she took the first step to break that symbiotic relationship. Whereas investors have for the past 18 months been...
FXA: 77.83 (+1.47), FXB: 146.71 (+2.18), FXY: 80.98 (+0.65), FXC: 79.03 (+0.88), FXE: 106.32 (+1.63), FXF: 99.75 (+1.49), UDN: 21.61 (+0.26), UUP: 25.82 (-0.35)
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)
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)
Look for Shares of CurrencyShares Euro Trust to Potentially Pullback after Yesterday's 2.35% Rise
Comtex SmarTrend(R) - Wed Mar 18, 4:12PM CDT
CurrencyShares Euro Trust (NYSE:FXE) traded in a range yesterday that spanned from a low of $104.25 to a high of $106.64. Yesterday, the shares gained 2.4%, which took the trading range above the 3-day high of $104.76 on volume of 4.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FXE: 106.32 (+1.63)
SmarTrend Watching for Potential Pullback in Shares of CurrencyShares Euro Trust After 2.35% Gain
Comtex SmarTrend(R) - Wed Mar 18, 4:12PM CDT
CurrencyShares Euro Trust (NYSE:FXE) traded in a range yesterday that spanned from a low of $104.25 to a high of $106.64. Yesterday, the shares gained 2.4%, which took the trading range above the 3-day high of $104.76 on volume of 4.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FXE: 106.32 (+1.63)
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)
CurrencyShares Euro Trust Down 22.2% Since SmarTrend Downtrend Call (FXE)
Comtex SmarTrend(R) - Wed Mar 18, 11:27AM CDT
SmarTrend identified a Downtrend for CurrencyShares Euro Trust (NYSE:FXE) on June 9th, 2014 at $134.13. In approximately 9 months, CurrencyShares Euro Trust has returned 22.19% as of today's recent price of $104.36.
FXE: 106.32 (+1.63)
Structural Reforms Commitment Lay Foundation For Long-Term Euro Strength
FX Analyst - at Seeking Alpha - Wed Mar 18, 9:07AM CDT
FXE: 106.32 (+1.63)