FOREX Technical Analysis 18. Jan. 2013

FX Forex Market Technical Analysis 18. Jan. 2013: Technical Analysis for the following Currencies: EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF EUR/JPY – Gold & Oil : EUR/USD INTRADAY: THE UPSIDE PREVAILS. Pivot: 1.3330. Most Likely Scenario: LONG positions @ 1.334 with 1.34 & 1.3435 in sight. Alternative …

FOREX Technical Analysis 21. Jan. 2013

FX Forex Market Technical Analysis 21. Jan. 2013: Technical Analysis for the following Currencies: EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF EUR/JPY – Gold & Oil : EUR/USD INTRADAY: UNDER PRESSURE. Pivot: 1.3360. Most Likely Scenario: SHORT positions below 1.336 with targets @ 1.327 & 1.3245. Alternative scenario: …

FOREX Technical Analysis 22. Jan. 2013

FX Forex Market Technical Analysis 22. Jan. 2013: Technical Analysis for the following Currencies: EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF EUR/JPY – Gold & Oil : EUR/USD INTRADAY: UNDER PRESSURE. Pivot: 1.337 Most Likely Scenario: Short positions below 1.337 with targets @ 1.327 & 1.3245 in extension. …

Abenomics – What Could Possibly Go Wrong?

By Edward Hugh In an article entitled “Why Japan’s GDP Plunge Isn’t As Bad As It Seems”, Bloomberg writer Bruce Einhorn put it like this: The last time Japan raised the consumption tax, in 1997, the economy went into a tailspin. The impact doesn’t seem to be as bad this time, …

The Italian Runaway Train

By Edward Hugh There has been lot’s of debate in the press and in academic circles over the last week or so about whether Italy’s latest contraction constitutes a triple dip recession or simply a continuation of what’s been going on over many many years. This is an interesting theoretical …

Country by country macro update, part 2, September 2014

Yesterday, I did a broad overview of four markets of interest to global investors. And I wanted to continue my thoughts on this here with a few more markets and with a deeper dive into some of my thinking about the UK. Britain, Part 2: I want to take the UK …

Deleveraging, What Deleveraging? The 16th Geneva Report on the World Economy

Originally posted on Vox By Luigi Buttiglione, Philip Lane, Lucrezia Reichlin, Vincent Reinhart The world has not yet begun to deleverage its crisis-linked borrowing. Global debt-to-GDP is breaking new highs in ways that hinder recovery in mature economies and threaten new crisis in emerging nations – especially …

The Japanisation Of Europe

By Edward Hugh By now it should be clear that the monetary experiment currently being carried out in Japan (known as “Abenomics”) is fundamentally different from the kind of quantitative easing which was implemented in the United States and the United Kingdom during the global financial crisis. In the US …

Is Japan Back In Recession?

By Edward Hugh “People should seriously consider that Japan’s economy may have fallen into recession despite the weaker yen and a stock rally from the BOJ’s easing and the flexible fiscal policy by Abe’s administration,” said Maiko Noguchi, senior economist at Daiwa Securities. “Initial expectations that the economy could …

Eurocrisis Round Two, Blame the Germans Edition

By Edward Hugh “What strikes me, also, is the extent of intellectual confusion that remains.” – Paul Krugman, Europanic 2.0 “The problem is that Germany has continued to maintain highly competitive labor costs and run huge surpluses since the bubble burst — and that in a depressed world economy, this …

US Treasury: China does not manipulate yuan

Washington (AFP) – The US Treasury said Wednesday that China does not manipulate its currency, but pushed Beijing to do more to focus on domestic demand, not exports, to drive economic growth.In a twice-yearly report to Congress, which would set sanctions on any country officially branded a “manipulator,” …

US-led strikes kill ‘several hundred’ as Iraq, Kurds battle IS

Washington (AFP) – US-led air strikes on a Syrian border town killed “several hundred” Islamic State fighters but it may still fall, officials warned Wednesday, acknowledging significant jihadist gains in Iraq and Syria.While Iraqi troops prevented the jihadists from seizing a lynchpin provincial capital near Baghdad, a senior US …