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Featured Articles: GEMS of the Week
Category: Euro
The news items published under this category are as follows.
Monday, October 06, 2008
Credit Crisis Actions Risk Collapse of European Monetary Union / Currencies / Euro
By: John_Mauldin
Many of us in the US are focused on our own woes. But this is a global credit crisis. In today's Outside the Box, we take a look at the currency markets, which are in an historic upheaval and also look at what is going on in Europe. I suspect that Europe is in for a period of much distress, as the world begins to deleverage That is why one government after another will back the deposits of banks within their countries, for otherwise capital will flee to countries like Ireland and Germany which ARE guaranteeing the deposits for all banks in their borders. . Many European banks are leveraged 50 to 1 (not a misprint). I suspect that more government will do like Belgium and the Netherlands and inject capital directly into their local banks deemed too big to fail. Read full article... Read full article...
Tuesday, July 22, 2008
Will the Euro Escape the Maladies Inflicting the U.S.Dollar ? / Currencies / Euro
By: Julian_DW_Phillips
Last week all was well, as no less a person as Paulson, the Treasury Secretary reassured us all that Fannie Mae and Freddie Mac were sufficiently capitalized. Last weekend a plan was put into effect to ensure their survival. The second largest bank failure ever in the States Indy Bank went bust. Many believe that we will see up to 150 U.S. banks go down in this worsening credit crunch. Read full article... Read full article...
Friday, June 20, 2008
EUR USD: Pattern for Profits / Currencies / Euro
By: Black_Swan
Lots of times trading will reward you if you find patterns in historical price data and bet on it occurring again. It’s kind of like the whole “History repeats itself!” motto. Of course, history doesn’t keep on repeating itself, especially in financial markets. But there is another motto to remember: “The trend is your friend!”Read full article... Read full article...
Saturday, May 31, 2008
Debt and Demographics to Drive Euro Back to Parity Against the US Dollar / Currencies / Euro
By: John_Mauldin
The Problem with the Euro - Swapping out Commodities
- The Euro at Par with the Dollar
Last week I wrote that we could see a drop in the price of oil as speculators seemed to be storing oil in very large tankers and "slow steaming" them to port in a bet that prices would rise. When everyone is on the same side of the trade, the time is right for a reversal. This is especially true when there is a large potential supply sitting on the sidelines.
Read full article... Read full article...
Tuesday, May 27, 2008
The Euro's Relentless Climb into Uncharted Territory / Currencies / Euro
By: Black_Swan
Pinpointing support and resistance levels in price charts usually isn’t too difficult. It simply involves finding previous points where prices bottomed out or topped out. But the task becomes a bit more difficult when there are no historical prices to target.Read full article... Read full article...
Monday, February 11, 2008
US Dollar Strengthening as the EURO's Technical Picture is Deteriorating! / Currencies / Euro
By: Money_and_Markets
Jack Crooks writes: "The trend is your friend." I'm sure you've heard this market adage a thousand times before. And the wisdom behind that saying has, more often than not, proven absolutely correct. It's a lot easier to profit when you have the wind behind your sails.
When it comes to currencies, the trend has been "dollar down, euro up." For about the last five years, in fact, traders have been getting out of greenbacks and going international.
Read full article... Read full article...
Sunday, February 03, 2008
Gold to Soar in EURO's, as ECB Set to Track US Dollar Lower to Avoid Recession / Currencies / Euro
By: Julian_DW_Phillips
All markets, in their search for a reliable formula that satisfies the scientific and mathematical belief that market relationships are precisely measurable in something else, believe that gold is responding in an opposite way to the $. The corollary to that is, therefore it must be moving in synch with the €? In fact, in the € it has been rising. It is important to look a little more closely at this formula and the realities behind it. Read full article... Read full article...
Wednesday, May 16, 2007
Euro Currency Toast and The Race to Debase, Part II / Currencies / Euro
By: Adrian_Ash
"...The €500 note is more bling than a gold-plated Uzi. No wonder it's become so popular with gangsters in Moscow ..."
FOREIGN AFFAIRS magazine just called for the "end of national currency". Maybe it matters.
After all, " Foreign Affairs is the most important and influential journal of international relations in the world," as Cryptogon.com points out.
Read full article... Read full article...
Thursday, May 10, 2007
Euro Currency toast & the race to debase, Part I / Currencies / Euro
By: Adrian_Ash
"...If you think the Dollar looks weak on the charts, wait 'til you see what's wrong with the Euro..."
SERIOUS ECONOMISTS never much liked the Euro. Then again, serious economists never much bothered to make money from trading. John Maynard Keynes just goes to prove it.
World-famous scourge of both gold and "the long run", Keynes averaged nearly 13% per year trading the funds of Kings College , Cambridge , during the Depression. London 's stock market, meantime, ticked lower by half-a-per cent per annum.
Read full article... Read full article...
Thursday, April 12, 2007
Euro to Rally on Further ECB Interest Rate hikes and Yen Carry Trade / Currencies / Euro
By: Jim_Willie_CB
Hardly a dull moment in the currency market these days. Much attention centers upon central bank actions. The Bank of Japan held steady, as world speculators thank heavens. The Euro Central Bank held steady, as the US bankers thank heavens. But the ECB aint done hiking. The Bank of England held steady, just like the ECB, but earlier. The Reserve Bank of Australia held steady, from Down Undah. The Bank of Canada held steady, but now markets think they could hike soon. We live in a bond driven world, totally divorced from economic fundamentals, trade deficits, mismanaged economies, and bankrupt policies.
Some brief points are provided on currency matters, each detailed more fully in the April Hat Trick Letter due out over next weekend, the US income tax deadline. They all are pertinent to gold. From the other side of the chasm is the housing & mortgage crisis, another impetus for gold. Let it be known we have a 3-SIGMA event on our hands, a credit derivative early stage in the meltdown.
Read full article... Read full article...
