The U.S. Dollar Leads The Pack As Exchange Rates Begin Their Climb
MetalMiner - Seeking Alpha - Mon Mar 30, 10:46AM CDT
By Stuart Burns We may all think we are headed into the sunny uplands of growth and prosperity, but this year could see more volatility than we bargained for. One area of concern is governments' monetary policies and the impact they have on...
ULE: 15.72 (-0.25), URR: 17.22 (-0.34), UUPT: 29.72 (-0.06), FXE: 106.32 (-0.84), UDN: 21.57 (-0.17), EUO: 26.62 (+0.40), USDU: 28.56 (+0.20), EUFX: 44.44 (+0.28), FORX: 42.98 (-0.12), ERO: 41.17 (-0.22), UUP: 25.86 (+0.20), UDNT: 10.33 (-0.15), DRR: 62.00 (+0.80)
The Dollar And Equities Revisited
Marc Chandler - at Seeking Alpha - Mon Mar 30, 10:44AM CDT
The divergence meme that had the US well ahead in the global business cycle produced a virtuous cycle. The dollar and US stocks rallied together. However, with the dollar's appreciation spurring concern about US corporate earnings, and the negative...
FXY: 80.92 (-0.67), FXB: 145.21 (-0.83), FXE: 106.32 (-0.84), EWJ: 12.78 (+0.05)
Weak Growth Hampers European Markets, Euro Against The U.S. Dollar
MetalMiner - Seeking Alpha - Mon Mar 30, 10:09AM CDT
By Stuart Burns Some countries in Europe already have negative interest rates, Denmark and Switzerland's are at -0.5% and -0.75% respectively, charging clients for the pleasure of holding their money in an effort to stave off safe-haven status vs....
ULE: 15.72 (-0.25), FEZ: 39.38 (+0.14), VGK: 55.12 (+0.12), DBEU: 29.54 (+0.28), URR: 17.22 (-0.34), FIEU: 117.40 (+0.72), FEP: 31.36 (+0.12), FEUZ: 32.94 (+0.10), IEUR: 46.24 (+0.15), EUO: 26.62 (+0.40), UPV: 47.90 (+0.45), USDU: 28.56 (+0.20), FEU: 35.75 (+0.12), EPV: 54.71 (-0.32), HEDJ: 66.67 (+0.75), DBEZ: 29.88 (+0.35), ESTX: 47.80 (+0.25), FXE: 106.32 (-0.84), HEZU: 29.36 (+0.35), ERO: 41.17 (-0.22), DRR: 62.00 (+0.80), UDNT: 10.33 (-0.15), ADRU: 23.21 (+0.07), FEEU: 113.23 (+0.53), EURL: 33.47 (+0.21), UUPT: 29.72 (-0.06), EZU: 39.17 (+0.16), UUP: 25.86 (+0.20), SBEU: 25.65 (+0.35), IEV: 45.00 (+0.16), UDN: 21.57 (-0.17), FORX: 42.98 (-0.12), EUFX: 44.44 (+0.28)
Global Financial Markets Are More Distorted Than Ever Before - Felix Zulauf
BFI Capital - Seeking Alpha - Mon Mar 30, 7:21AM CDT
Investors started off 2015 with a slow global economy, low oil prices, a strong dollar, and a deflationary Europe with great uncertainties on the progress of the U.S. economy and the recent launch of Europe's quantitative easing. The question is,...
FXCH: 78.96 (-0.44), USO: 17.23 (+0.09), SPY: 208.25 (+2.51), FEZ: 39.38 (+0.14), DAX: 28.76 (+0.31), APB: 11.58 (+0.14), FXE: 106.32 (-0.84), USDU: 28.56 (+0.20), TLT: 130.41 (-0.65)
Record EUR Shorts Looking To IMF For Clues
Dean Popplewell - Seeking Alpha - Mon Mar 30, 6:22AM CDT
By Dean Popplewell With Good Friday making it a holiday-shortened trading week for most eurozone participants and commonwealth members, investors would prefer to escape relatively unscathed to begin Q2 proper next week. However, with U.S....
FXA: 76.52 (-1.16), FXB: 145.21 (-0.83), FXY: 80.92 (-0.67), FXC: 78.36 (-0.51), FXE: 106.32 (-0.84), FXF: 100.56 (-1.00), UDN: 21.57 (-0.17), UUP: 25.86 (+0.20)
Dollar And Equities Begin Week On Firm Footing
Marc Chandler - Seeking Alpha - Mon Mar 30, 5:57AM CDT
The US dollar trended higher in Asia and early Europe, but the gains have been pared as the European session got under way, and the underlying trends remain intact. Global equities are also winding down the month and quarter with upticks as well. ...
FXA: 76.52 (-1.16), FXY: 80.92 (-0.67), FXC: 78.36 (-0.51), FXE: 106.32 (-0.84), UUP: 25.86 (+0.20)
Euro hit by Greek uncertainty
Seeking Alpha - at Seeking Alpha - Mon Mar 30, 3:58AM CDT
ULE: 15.72 (-0.25), URR: 17.22 (-0.34), FXE: 106.32 (-0.84), EUO: 26.62 (+0.40), EUFX: 44.44 (+0.28), ERO: 41.17 (-0.22), DRR: 62.00 (+0.80)
Week Ahead Is Short But Eventful
Marc Chandler - at Seeking Alpha - Sun Mar 29, 2:50PM CDT
The calendar impacts the investment climate. March 31 ends the month, quarter, and for several countries and companies, the fiscal year. The Easter holiday is typically among the quietest in the capital markets, with many financial centers closed....
OIL: 10.27 (+0.02), FXB: 145.21 (-0.83), FXY: 80.92 (-0.67), FXE: 106.32 (-0.84), UUP: 25.86 (+0.20)
Near-Term Dollar Conviction Went MIA
Marc Chandler - at Seeking Alpha - Sat Mar 28, 2:39PM CDT
The US dollar fell against most of the major and emerging market currencies in the past week. The price action has been choppy, and many participants lack near-term conviction. Month, quarter, and for many, fiscal-year end considerations also inject...
SPY: 208.25 (+2.51), IEF: 108.11 (-0.01), DIG: 51.53 (+2.01), FXA: 76.52 (-1.16), OIL: 10.27 (+0.02), FXB: 145.21 (-0.83), FXY: 80.92 (-0.67), FXC: 78.36 (-0.51), FXE: 106.32 (-0.84), FXF: 100.56 (-1.00), UDN: 21.57 (-0.17), UUP: 25.86 (+0.20)
Flows Into European Equities Reach Feverish Pitch, Consolidation Likely Ahead
Chris Puplava - Seeking Alpha - Sat Mar 28, 8:24AM CDT
So far the bullish themes for this year are foreign equities and U.S. bonds with the continued surge in the USD. These themes are borne out when looking at flows into exchange traded funds (ETFs) by asset class and geographic region. This can be seen...
USO: 17.23 (+0.09), HYG: 90.72 (+0.25), VGK: 55.12 (+0.12), FEZ: 39.38 (+0.14), FXY: 80.92 (-0.67), HEFA: 28.27 (+0.21), IEFA: 59.38 (+0.08), UUP: 25.86 (+0.20), FEU: 35.75 (+0.12), HEDJ: 66.67 (+0.75), VTI: 108.23 (+1.36), DXJ: 56.09 (+0.60), VOO: 190.88 (+2.35), SPY: 208.25 (+2.51), IEV: 45.00 (+0.16), DBEF: 30.40 (+0.27), LQD: 121.49 (+0.21), DIA: 179.39 (+2.58), FXE: 106.32 (-0.84), ERO: 41.17 (-0.22), XLE: 78.04 (+1.64)
Greece Prepares To Leave
Ilargi - Seeking Alpha - Sat Mar 28, 7:00AM CDT
Speculation and expert comments are thrown around once more - or still - like candy on Halloween. Let me therefore retrace what I've said before. Because I think it's really awfully simple, once you got the underlying factors in place. But first, if...
GREK: 10.97 (+0.07), FXE: 106.32 (-0.84)
International Economic Week In Review: Euro Turnaround May Be In Process
Hale Stewart - at Seeking Alpha - Sat Mar 28, 12:21AM CDT
Let's start by looking at the US, where housing news was very positive: existing home sales increased 1.2% and new home sales were up 7.8% (both figures are M/M). On the negative side were durable goods orders, which decreased 1.4%. This latest...
SPY: 208.25 (+2.51), DIA: 179.39 (+2.58), FXE: 106.32 (-0.84), ERO: 41.17 (-0.22), GXC: 85.24 (+2.83), EWJ: 12.78 (+0.05)
Week Ahead In FX: EU Inflation And U.S. Jobs Data To Decide USD Fate
Dean Popplewell - at Seeking Alpha - Fri Mar 27, 11:47PM CDT
By Alfonso Esparza The USD was able to bounce back toward the end of the week and ahead of a crucial set of data releases. EUR/USD is trading at 1.0876, close to the price levels of the start of the week (1.0809) after hitting and failing to stay...
JYN: 47.40 (unch), FXY: 80.92 (-0.67), FXB: 145.21 (-0.83), FXE: 106.32 (-0.84), UDN: 21.57 (-0.17), ERO: 41.17 (-0.22), GBB: 39.53 (unch)
U.S. Stocks: Oh Behave!
Eric Parnell, CFA - at Seeking Alpha - Fri Mar 27, 4:10PM CDT
HEDJ: 66.67 (+0.75), DXJ: 56.09 (+0.60), EEM: 40.22 (+0.76), SPY: 208.25 (+2.51), GLD: 113.75 (-1.31), FXY: 80.92 (-0.67), EZU: 39.17 (+0.16), EFA: 65.18 (+0.04), IWM: 124.77 (+1.67), FXE: 106.32 (-0.84), UUP: 25.86 (+0.20), EWJ: 12.78 (+0.05)
Euro Basis Swaps Keep Diving
Pater Tenebrarum - Seeking Alpha - Fri Mar 27, 9:11AM CDT
An Accelerating Trend While the euro itself has recovered a bit from its worst levels in recent sessions, euro basis swaps have fallen deeper into negative territory. In order to bring the current move into perspective, we show a long-term chart...
ULE: 15.72 (-0.25), URR: 17.22 (-0.34), FXE: 106.32 (-0.84), EUO: 26.62 (+0.40), EUFX: 44.44 (+0.28), ERO: 41.17 (-0.22), DRR: 62.00 (+0.80)
EUR/USD - Euro Afraid Of Heights
Dean Popplewell - Seeking Alpha - Fri Mar 27, 6:24AM CDT
By Dean Popplewell U.S. dollar buyers are back with a vengeance as the Street waits to close out the week once U.S. Gross Domestic Data has been released this morning, and perhaps more importantly after the Fed Chair’s speech this...
FXA: 76.52 (-1.16), FXB: 145.21 (-0.83), FXY: 80.92 (-0.67), FXC: 78.36 (-0.51), FXE: 106.32 (-0.84), FXF: 100.56 (-1.00), UDN: 21.57 (-0.17), UUP: 25.86 (+0.20)
Dollar Extends Yesterday's Recovery
Marc Chandler - Seeking Alpha - Fri Mar 27, 6:19AM CDT
The greenback staged a reversal yesterday, and there has been follow-through buying in Europe after a quiet Asian session. It seems that after last week's dramatic reaction to the FOMC, the market is probing for the new range, and this has been...
UUPT: 29.72 (-0.06), FXY: 80.92 (-0.67), FXE: 106.32 (-0.84), UDN: 21.57 (-0.17), USDU: 28.56 (+0.20), FORX: 42.98 (-0.12), UUP: 25.86 (+0.20), UDNT: 10.33 (-0.15), FXS: 115.37 (-0.23)
What If Ultra-Low Interest Rates Are Here To Stay?
Ranjit Goswami - at Seeking Alpha - Thu Mar 26, 4:38PM CDT
FXCH: 78.96 (-0.44), JYN: 47.40 (unch), CNY: 42.64 (-0.06), ULE: 15.72 (-0.25), URR: 17.22 (-0.34), FXY: 80.92 (-0.67), UUPT: 29.72 (-0.06), EUO: 26.62 (+0.40), USDU: 28.56 (+0.20), UUP: 25.86 (+0.20), YCL: 13.95 (-0.24), YCS: 89.32 (+1.49), CYB: 25.44 (+0.02), FXE: 106.32 (-0.84), UDN: 21.57 (-0.17), EUFX: 44.44 (+0.28), FORX: 42.98 (-0.12), ERO: 41.17 (-0.22), UDNT: 10.33 (-0.15), DRR: 62.00 (+0.80)
Barclays: Rally in euro just dead cat bounce
Seeking Alpha - at Seeking Alpha - Thu Mar 26, 11:08AM CDT
ULE: 15.72 (-0.25), URR: 17.22 (-0.34), FXE: 106.32 (-0.84), EUO: 26.62 (+0.40), EUFX: 44.44 (+0.28), ERO: 41.17 (-0.22), DRR: 62.00 (+0.80)
Dollar Slumps And Oil Jumps
Marc Chandler - Seeking Alpha - Thu Mar 26, 6:23AM CDT
The US dollar is broadly lower, dragged down by the escalation of the conflict in Yemen, month and quarter end position adjustments and the ongoing technical correction following last week's FOMC meeting. The euro, yen and Canadian dollar are at new...
SPY: 208.25 (+2.51), FXB: 145.21 (-0.83), FXY: 80.92 (-0.67), FXC: 78.36 (-0.51), FXE: 106.32 (-0.84), UUP: 25.86 (+0.20)