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)
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)
For The Next Leg Up In Japanese Equities, Companies Need To Pay Up
Portfolio Management 101 - at Seeking Alpha - Thu Mar 19, 2:20PM CDT
NKY: 19.38 (+0.35), JYN: 47.40 (-0.75), DXJ: 56.03 (+0.41), DBJP: 42.17 (+0.36), YCS: 89.12 (-1.41), FXY: 80.98 (+0.65), EZJ: 99.33 (+3.08), EWJ: 12.81 (+0.20)
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)
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)
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)
How The Japanese Economy Is Affecting The Yen
Andrew Sachais - at Seeking Alpha - Wed Mar 18, 7:10AM CDT
FXY: 80.98 (+0.65)
Japan And Europe: Currencies Reflect Priorities
Nadex - Seeking Alpha - Tue Mar 17, 2:22PM CDT
By Vikram Rangala All eyes are on the FOMC meeting this week, but not just for the reasons the media is focused on, like the word, "patient." The Fed Funds rate (which you can trade on Nadex) directly affects loans and consumer spending,...
JYN: 47.40 (-0.75), ULE: 15.74 (+0.44), YCL: 13.95 (+0.18), URR: 17.25 (+0.55), YCS: 89.12 (-1.41), FXY: 80.98 (+0.65), 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)
FOMC EUR Squeeze Gathers Momentum
Dean Popplewell - Seeking Alpha - Tue Mar 17, 6:29AM CDT
By Dean Popplewell It’s no real surprise to see that major currency pairs prefer to keep to tight trading ranges ahead of tomorrow’s FOMC outcome. Tomorrow’s “patient” calls on whether U.S policy members will vote to...
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)
Abenomics And The J-Curve
David Kotok - Seeking Alpha - Tue Mar 17, 3:50AM CDT
By Bill Witherell, Chief Global Economist The global economy has been experiencing very substantial moves in exchange rates. The likely effects of these changes in the relative value of national currencies on the respective economies are an...
DXJF: 27.32 (+0.31), JPMV: 57.67 (+0.61), DXJH: 31.30 (+0.40), JPNL: 57.79 (+2.66), FXY: 80.98 (+0.65), SCJ: 57.45 (+0.80), JSC: 52.70 (+0.84), DFJ: 54.84 (+0.83), DXJS: 34.39 (+0.42), DXJR: 28.00 (+0.09), DXJT: 30.21 (+0.32), EWJ: 12.81 (+0.20), DXJ: 56.03 (+0.41), NKY: 19.38 (+0.35), EWV: 50.27 (-1.14), HEWJ: 30.96 (+0.33), ITF: 54.87 (+0.74), QJPN: 66.59 (+0.89), DBJP: 42.17 (+0.36), JPP: 48.16 (+0.75), EZJ: 99.33 (+3.08), FJP: 50.61 (+0.48), DXJC: 28.45 (+0.13)
4 Central Banks Meet But FOMC Is Key
Marc Chandler - at Seeking Alpha - Sun Mar 15, 2:15PM CDT
The most important event next week is the FOMC meeting followed by a press conference by Yellen. In order to maximize its room to maneuver, we expect the FOMC statement will drop the patience that has characterized its forward guidance since last...
FXY: 80.98 (+0.65), FXE: 106.32 (+1.63), FXF: 99.75 (+1.49), UUP: 25.82 (-0.35)
Dollar Momentum Takes A Life On Of Its Own
Marc Chandler - at Seeking Alpha - Sat Mar 14, 11:26PM CDT
The dollar's advance accelerated since the end of February. The momentum has surprised everyone. Pullbacks continue to be shallow. The move appears to have taken a life of its own. Consider last week, as the euro slumped more than 3%, sterling more...
USO: 16.43 (+0.35), 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), UUP: 25.82 (-0.35)
Week Ahead In FX: USD Rally To Be Tested By FOMC Patience
Dean Popplewell - at Seeking Alpha - Sat Mar 14, 11:33AM CDT
By Alfonso Esparza The Federal Open Market Committee (FOMC) will release its interest rate statement, and Federal Reserve Chair Janet Yellen will speak at a press conference on March 18 at 2 p.m. ET, in the most anticipated event for next week in...
GDAY: 24.89 (+0.31), JYN: 47.40 (-0.75), ULE: 15.74 (+0.44), FXA: 77.83 (+1.47), URR: 17.25 (+0.55), CROC: 55.39 (-2.05), UUPT: 29.72 (-0.06), FXY: 80.98 (+0.65), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), YCL: 13.95 (+0.18), YCS: 89.12 (-1.41), FXB: 146.71 (+2.18), 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), GBB: 39.68 (+0.35), DRR: 62.18 (-1.82)
Lessons From Another Tough Week And The Big Day Ahead
Eric Parnell, CFA - at Seeking Alpha - Sat Mar 14, 9:24AM CDT
XLB: 49.23 (+0.13), VXX: 25.73 (-0.40), EWL: 34.00 (+0.71), TLT: 131.51 (+0.69), EWJ: 12.81 (+0.20), HEDJ: 66.87 (+0.74), EEM: 40.08 (+0.59), KRE: 41.38 (+0.48), FXB: 146.71 (+2.18), OIL: 9.79 (+0.22), XLK: 42.54 (+0.10), FXC: 79.03 (+0.88), FXE: 106.32 (+1.63), EMB: 111.69 (+1.20), SLV: 16.00 (+0.56), XLF: 24.71 (+0.24), VNQ: 87.03 (+2.13), FXF: 99.75 (+1.49), JJC: 33.04 (+1.20), XLE: 76.91 (+0.60), HYG: 90.44 (+0.70), MUB: 110.47 (-0.03), FXY: 80.98 (+0.65), EZU: 39.08 (+1.08), XLU: 44.98 (+0.05), UUP: 25.82 (-0.35), XRT: 100.96 (+0.28), FXS: 116.66 (+2.56), XLV: 74.90 (+0.33), GSG: 19.51 (+0.25), PCY: 28.30 (+0.29), EWU: 18.82 (+0.43), GLD: 113.57 (+1.28), PFF: 40.05 (+0.14), IWM: 125.99 (+1.10)
MV Weekly Market Flash: Currency Conundrums
MV Financial - at Seeking Alpha - Sat Mar 14, 7:44AM CDT
Paris, Je T'Aime There seems to be no end to the euro's woes. The Old Continent's currency has fallen 25% against the dollar from its high mark last summer, and is closing in on parity. That's good news for tourists dreaming of springtime in Paris;...
FXY: 80.98 (+0.65), EFA: 65.66 (+1.42), FXE: 106.32 (+1.63), IEUR: 46.52 (+1.12), EWJ: 12.81 (+0.20)
Week In FX - Dollar Parity Beckons As Euro Steadies
Dean Popplewell - Seeking Alpha - Fri Mar 13, 12:26PM CDT
By Dean Popplewell This past week was supposed to be relatively quiet in the currency markets. However, it was not to be once the European Central Bank (ECB) chief outlined when the eurozone’s quantitative easing (QE) program would begin. ...
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)
In This Market, It Only Makes Sense To Go Long Gold Against The Yen
Michael Grogan - at Seeking Alpha - Fri Mar 13, 12:24AM CDT
SGOL: 115.86 (+1.34), OUNZ: 11.79 (+0.12), GLD: 113.57 (+1.28), FXY: 80.98 (+0.65), IAU: 11.44 (+0.13), AGOL: 113.86 (unch)
Nikkei passes 19K, reaches new 15-year high
Seeking Alpha - at Seeking Alpha - Thu Mar 12, 7:56PM CDT
JYN: 47.40 (-0.75), DXJF: 27.32 (+0.31), JPMV: 57.67 (+0.61), DXJH: 31.30 (+0.40), JSC: 52.70 (+0.84), DFJ: 54.84 (+0.83), TM: 143.09 (+2.99), DXJS: 34.39 (+0.42), DXJR: 28.00 (+0.09), DXJT: 30.21 (+0.32), EWJ: 12.81 (+0.20), NKY: 19.38 (+0.35), DXJ: 56.03 (+0.41), YCL: 13.95 (+0.18), ITF: 54.87 (+0.74), QJPN: 66.59 (+0.89), DBJP: 42.17 (+0.36), YCS: 89.12 (-1.41), JPP: 48.16 (+0.75), EZJ: 99.33 (+3.08), DXJC: 28.45 (+0.13), JPNL: 57.79 (+2.66), FXY: 80.98 (+0.65), SCJ: 57.45 (+0.80), EWV: 50.27 (-1.14), HEWJ: 30.96 (+0.33), FJP: 50.61 (+0.48)
A 2-Year Comparison Of The Yen, Australian Dollar, Loonie, U.S. Dollar, Pound And Euro
Hale Stewart - Seeking Alpha - Thu Mar 12, 10:46AM CDT
(click to enlarge) Above is a two-year chart of six major world currencies (the yen, Australian dollar, loonie, US dollar, UK pound and the euro) derived from BIS data. Looking at the short-term trends, we see the following: The yen is the...
FXA: 77.83 (+1.47), FXB: 146.71 (+2.18), FXY: 80.98 (+0.65), FXE: 106.32 (+1.63), UUP: 25.82 (-0.35)
The Rising Dollar Will Not Impact U.S. Growth
Scott Sumner - Seeking Alpha - Thu Mar 12, 10:05AM CDT
Here’s a new headline from the Washington Post : U.S. economy’s surprise risk: The dollar’s surge could weaken growth The surging value of the U.S. dollar promises new bargains for American consumers and travelers but also...
SPY: 210.41 (+0.91), QQQ: 108.53 (+0.45), DIA: 180.96 (+1.30), FXY: 80.98 (+0.65), IWM: 125.99 (+1.10), FXE: 106.32 (+1.63), UUP: 25.82 (-0.35)