Sunday, November 7, 2010

DailyMarkets.com - 7 Charts Telling You What’s In Store For The US Dollar

DailyMarkets.com - 7 Charts Telling You What’s In Store For The US Dollar


7 Charts Telling You What’s In Store For The US Dollar

Posted: 07 Nov 2010 02:30 AM PST

The currency market, as well as all markets, have been heavily focused on the U.S. and the Fed's plans for more quantitative easing (QE).

And that's had a huge impact on the dollar and on dollar sentiment.

The question is: Will it last?

There's no disputing that the dollar is the key to making this "reflation trade" tick. However, there is much dispute over whether the Fed's QE2 plans will work … whether the strategy will produce demand, thus inflation, and whether … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – Weekly Outlook: November 8-12

Posted: 07 Nov 2010 01:32 AM PST

Forex Pros – Last week saw the U.S. dollar rally after Friday's significantly better-than-expected non-farm payrolls data, reversing some of the losses which followed the Federal Reserves announcement of a second round of quantitative easing.

On Friday, the U.S. Department of Labor said that non-farm payrolls rose more-than-expected in October, climbing by 151K after falling by a revised 41K in September. Analysts had expected non-farm payrolls to rise by 60K in October.

The report came … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Monetary Policy Week In Review

Posted: 06 Nov 2010 10:01 PM PDT

This week saw Monetary Policy decisions from the central banks of Azerbaijan, Australia, India, Romania, Iceland, US, Japan, Egypt, UK, EU, Vietnam, Czech Republic, Indonesia, and Latvia. The main event was the announcement from the US FOMC to commence a US $600 billion asset purchase program (aka QE2 or the second round of quantitative easing), the Fed will implement the plan at a pace of $75 billion per month. On the interest rate front the standouts were tightening of monetary policy … [visit site to read more] or compare Best Credit Cards and Best CD Rates


It May Not Be Time To Short The Stock Market Yet

Posted: 06 Nov 2010 07:01 PM PDT

With the markets making highs for the year on Friday, it was but natural that there was a lot of talk of the markets being overbought on the blogosphere and twitter. But are the markets really overbought here? Time to turn to our trusty ol’ McClellan Oscillator. Following are the two year charts of NASDAQ and NYSE McClellan Oscillators with the overbought levels marked on them.

As we can see from the charts above, the markets are certainly NOT overbought here.

It is important to … [visit site to read more] or compare Best Credit Cards and Best CD Rates


No comments:

Post a Comment