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Currency War – The Misguided Understanding Of The Forex Markets

Currency War – The Misguided Understanding Of The Forex Markets

  While the IMF chief Christine Lagarde has come out expressing her fear that not only a trade but also a currency war may emerge that could dampen the growth of the global economy, there are some serious issues that need to be addressed. The problem with misunderstanding currency and its role in the floating exchange […]
USD/JPY Forecast Oct. 15-19 – Waiting For The Next Hammer From Stocks To Fall

USD/JPY Forecast Oct. 15-19 – Waiting For The Next Hammer From Stocks To Fall

Dollar/yen tumbled down alongside global stock markets and as US data fell short of expectations. What’s next? The upcoming week features US retail sales, the FOMC meeting minutes and eyes wide open to developments in equity markets. USD/JPY fundamental movers The Japanese yen returned to its role as a safe-haven currency. The sell-off in stocks sent money flowing into […]
The Ghosts Of Retail Past

The Ghosts Of Retail Past

When I was a kid, the “nice” store was Sears and the also-ran was JC Penney. You could kind of tell how nice a mall was by which one of those anchor stores they had. Well, that’s all ancient history now. You can see how these two former giants have ultimately followed each other together into oblivion.   […]
Seeking Alpha In Bitcoin Or Ethereum? Try Cryptocurrency Hedge Funds

Seeking Alpha In Bitcoin Or Ethereum? Try Cryptocurrency Hedge Funds

Cryptocurrency hedge funds are still a fairly new investment vehicle, but we’re already getting a pretty good idea of how they stack up against simple passive investments in two common underlying currencies. The bitcoin price and ethereum price have both plunged this year, leaving cryptocurrency hedge funds scrambling for cover. However, performance data shows that […]
USDJPY Weekly Analysis – Sunday, Oct. 14

USDJPY Weekly Analysis – Sunday, Oct. 14

USDJPY broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 109.77 had completed at 114.54 already. A further decline could be expected and the next target would be at the 110.50 area. Key support is at 109.77 and a breakdown below this level would confirm […]
Weekly Economic And Political Timeline – Sunday, Oct. 14

Weekly Economic And Political Timeline – Sunday, Oct. 14

This week is likely to be more active, as there is significantly more important data scheduled for release this week compared to last week. There will be some key data concerning the U.S. Dollar particularly, as well as the British Pound and the Canadian Dollar. The market is likely to be most active on Thursday. U.S. […]
Gold Grips As The S&P Dips

Gold Grips As The S&P Dips

With time again at a premium, let’s efficiently dig into Gold. Given what we sense is the beginning of the far overdue (and appropriately pre-midterm elections timed?) correction for the S&P 500, one might have expected Gold to get more than just a +1.2% grip this past week, settling Friday at 1222. The S&P was […]
Harris, L3 Technologies Near Agreement To Merge, WSJ Reports

Harris, L3 Technologies Near Agreement To Merge, WSJ Reports

Harris Corporation (HRS) and L3 Technologies (LLL) were in advanced discussions as of Friday to combine in a stock deal, Dana Mattioli and Dana Cimilluca of Wall Street Journal report, citing people familiar with the matter. The deal, which the companies are aiming to close as soon as this weekend, is expected to be marketed […]