Elliott Wave International | World's Largest Market Forecasting Firm Since 1979
Please Login
 
 | What's My Password?
EWI

TAG: DOLLAR Return to Free Updates Home Page

Death of the Dollar, Again: Before You Mourn, See This Chart

by Nico Isaac
10/7/2009 4:15:00 PM
If you want the latest news on the U.S. Dollar Index, try a search under its new ticker symbol, RIP. -- as in, "rest in peace." Let the record show: In the early morning hours of Tuesday, October 6, the mainstream financial community officially declared "The Demise of the Dollar" (The Independent).
Filed Under: us dollar, dollar, greenback, currency
Category: Currencies


The Fed Leaves Rates Unchanged: Now What?
Or, an even better question: So what?

by Vadim Pokhlebkin
9/23/2009 6:15:00 PM

What an interesting day of trading we saw in stocks on Wednesday (Sept. 23.) On the same day, we had: 1. A single event -- the Fed's interest rate announcement; 2. The stock market's bullish -- and -- bearish "reaction" to it, and 3. Several news stories explaining why stocks rallied -- and -- declined after the event. One question remains: Where will stocks go from here?

Filed Under: Federal Reserve, Fed, interest rates, DJIA, s&p, dollar, Gold
Category: Stocks


EUR/USD (Forex): And So, We Wait
Do you have the discipline to stand aside for days between forex trades?

by Vadim Pokhlebkin
9/18/2009 4:30:00 PM
Trading the EUR/USD has not been easy lately. The exchange rate between the euro and the U.S. dollar (the most widely-traded currency pair) hasn't made much net progress, but it's made up for that in spades by choppy, volatile, sideways-moving market action. When the going gets tough, the tough get going, right? Before you say yes, read these thoughts...
Filed Under: dollar, euro, forex, Euro dollar exchange rate, Currencies, trading
Category: Currencies


Stronger Dollar: A Monday Morning Puzzle
News does not create a trend; prevailing market psychology does.

by Vadim Pokhlebkin
4/20/2009 4:00:00 PM
Here's a Monday puzzle for you: On the morning of April 20, the dollar pushed the exchange rate with its main "competitor" (the euro) below the "psychologically-important" $1.30 level. Why is the dollar getting stronger when "everyone knows" it should be crashing, considering the exploding debts of the U.S. government?
Filed Under: dollar, euro, exchange rate, Currencies, froex
Category: Currencies


U.S. Dollar, Yuan and the New Reserve Currency
Chinese are making small moves to get more and more insulation from the dollar.

by Vadim Pokhlebkin
4/2/2009 10:00:00 AM

There has been a lot of talk lately about replacing the U.S. dollar as the world's reserve currency. Read these thoughts on this and another hot subject -- China's dependence on the dollar -- by Chris Carolan, the editor of Elliott Wave International's Sunday-Tuesday-Thursday Asian-Pacific Short Term Update.

Filed Under: china, yuan, dollar, reserve currency
Category: Asian Markets


Are Bailouts Hurting The U.S. Dollar? This CHART Tells All

by Nico Isaac
3/31/2009 5:00:00 PM
These days, the U.S. dollar is about as popular in the financial world as a fur coat at a PETA convention. From China’s Premier calling for a new global reserve “super” currency, to Russia suggesting a return to the gold standard -- faith in the dollar’s ongoing leadership ability is fading fast...
Filed Under: u.s. dollar, U.S. currency, dollar, bailouts
Category: Currencies


The Year of the Ox
China “spinning top” is losing momentum.

by Bill Fox, Senior Bonds Analyst
3/17/2009 5:00:00 PM

You may know that 2009 is the Chinese Year of the Ox. But I bet you didn’t know this: Each Chinese New Year is marked on the second new moon following the winter solstice. Trivia? Yes. Trivial? No. There is so much that we in the U.S. don’t know about China, yet we coexist with this country in a most unlikely symbiotic relationship....

Filed Under: china, Treasuries, debt, deflation, yuan, dollar
Category: Economy


U.S. Dollar's "Safe-Haven" Status: Certainty OR Crock?

by Nico Isaac
2/25/2009 5:30:00 PM
Let's get one thing straight: The "safe-haven" status of a financial market cannot change as suddenly as a runway model's designer duds. Meaning: A certain asset cannot provide shelter from the credit storm raging across Wall Street one minute -- only to lay battered and broken among its list of casualties the next.
Filed Under: u.s. dollar, dollar, safe-haven
Category: Currencies


EUR/USD: Will the Rally Continue?
Fundamental analysis cannot tell you where the USD is going from here.

by Vadim Pokhlebkin
2/6/2009 3:30:00 PM
Following Friday's unemployment report, the U.S. dollar promptly lost to the euro. While this may seem like a "normal" market reaction to a bad economic number, think back to January 9, when the previous sharply negative jobs number was released. Following that report, the USD gained, and strongly. So, the same bad employment number can send the dollar higher and lower? Interesting...
Filed Under: unemployment, Nonfarm Payrolls, forex, dollar, eur/usd
Category: Currencies


Pick Your Poison: U.S. Debt or U.S. Dollar?
Focusing on "rejuvenating debt" means misunderstanding deflation.

by Bill Fox, Senior Bonds Analyst
2/3/2009 4:45:00 PM

The common assumption these days is that if only we can support deflating values of housing and other assets – even if artificially, for a time – then we can stop the broader deflation. Yet, despite trillions of dollars going into bailouts and stimuli, banks remain undercapitalized, and the depth of systemic risk remains underestimated and misunderstood. What should the U.S. Treasury focus on instead? Here is one answer...

Filed Under: Bill gross, pimco, tarp, deflation, peak credit, dollar
Category: Economy


Why On Earth Did The U.S. Dollar Get So Strong?

by Nico Isaac
10/28/2008 5:00:00 PM
Over the past few months, Wall Street's favorite watering holes have served up a deadly "stocktail" -- the Un-Surely Temple. Includes: a splash of fear, a dash of uncertainty, and a steady flow of extreme volatility. For those who partake, the hangover only gets worse. 
Filed Under: us dollar, greenback, dollar, us stock market, DJIA, Currencies
Category: Currencies


Why Are Gold Prices Falling? Hint: It’s NOT Because Of the Dollar
Is there really a correlation between the U.S. Dollar Index & gold, and stocks & gold?

by Nico Isaac
10/15/2008 4:00:00 PM

Unless you're about 80 years old, the United States economy is undergoing the worst downturn in living memory. Yet -- from its March 17 record peak, GOLD prices have plummeted more than 20%. Two words: What "Safe Haven"?

Filed Under: safe haven, Gold, yellow metal, Precious metals, us dollar, dollar
Category: Precious Metals


The Brilliance Of The U.S. Government Bailout
It’s the opportunity of a lifetime, who wouldn't take it?

by Euan Wilson
9/23/2008 1:30:00 PM

From the time the founders drafted the Constitution, Presidents and the Congress have often been in a tug-of-war over the scope of executive power. But this time, it's different. The expansion of executive power is not because of national security, war, or political scandal. This time, the president wants power without precedent because the debt-based, monopoly-currency financial system has failed.

Filed Under: bailout, bailouts, Presidential Power, Fannie Mae, Freddie Mac, dollar, Banks, debt
Category: Economy


Why Is The U.S. Dollar Falling?

by Nico Isaac
9/22/2008 4:30:00 PM
The U.S. dollar and the U.S. stock market are forever joined at the hip in a kind-of three-legged race to the financial finish -- or so the conventional mainstream wisdom would have you believe. Our archive of the lasting trend changes within each market over the past four years begs to differ...
Filed Under: u.s. dollar, greenback, dow jones industrial average, dollar
Category: Currencies


EURUSD: How To Know The Trend BEFORE The News
The best way to forecast forex markets is to look at the markets' internal structure.

by Vadim Pokhlebkin
8/14/2008 6:00:00 PM
The U.S. dollar rallied strongly against the euro in intraday trading on August 14, pushing the exchange rate down to $1.4780 – the level the rate hasn't seen since February. What's behind such a persistent show of strength on the dollar's part? As usual, it depends on whom you ask. Here is an elliott wave perspective...
Filed Under: dollar, euro, exchange rate, Europe economy contraction, elliott wave triangle
Category: Currencies


U.S. Dollar Is Coming Alive -- But For How Long?

by Nico Isaac
8/11/2008 4:45:00 PM

From August 4 to August 8, the U.S. Dollar wiped the floor with its currency counterparts in a head-spinning performance it's being called the “watershed week” for the long-suffering buck.Yet in all the hullabaloo, the mainstream media failed to notice one major detail: namely, there was absolutely no “fundamental” reason for the dollar’s climb.

Filed Under: u.s. dollar, greenback, dollar, currency
Category: Currencies


Dollar vs. Euro: What Will The Fed Do On Wednesday?
What we need to focus on is the underlying trend.

by Vadim Pokhlebkin
6/24/2008 8:00:00 PM

Going into the June 25 interest rate decision by the Federal Reserve, forex analysts unanimously say they expect the Fed to keep interest rates steady. I guess we'll just have to listen to what Ben Bernanke says in his announcement and try to read between the lines. Unless, of course, instead of listening to Bernanke, you try and listen to the market itself...

Filed Under: dollar, euro, eur/usd, ben bernanke, interest rate announcement
Category: Currencies


Flailing For Answers About Gold: Does Anyone Know Anything?
When one explanation fails, just reach for another. Now that's science.

by Euan Wilson
6/6/2008 2:00:00 PM

Everyone's scratching their heads lately at the news. In a first-season episode of The Sopranos that aired almost nine years ago, Tony Soprano's pronouncement that "Nobody knows anything!" still resonates. Anyone listening to the media and expert analyses has heard it all -- Gold's been a hot topic for months now. But who's got it right really?

Filed Under: Gold, Media, Prices, dollar, Value, Short Term Update, Financial Forecast Service, Causes
Category: Precious Metals


U.S. Dollar: Comeback Time?

by Nico Isaac
6/2/2008 5:00:00 PM
Since the start of 2008, the U.S. dollar has been about as welcome on Wall Street as Sharon Stone in China after her comment that bad “karma” was behind the devastating Sichuan Province earthquake.In late May, however, the dollar-bashing bandwagon came to a screeching halt. And, one by one, some of the most loyal passengers stepped off to say the long-awaited “Dollar Comeback” has arrived.
Filed Under: us dollar, greenback, us currency, dollar, combeback
Category: Currencies


U.S. Dollar: Death By Deficit?

by Nico Isaac
5/2/2008 5:00:00 PM

News Flash: Cinco De Mayo is NOT the celebration of Mexico's Independence from Spain. And, in lieu of the non-event event, consider one of the most common misconceptions of mainstream financial wisdom; namely: That a widening deficit decreases the value of the dollar, and vice versa.

Filed Under: cinco de mayo, us dollar, U.S. trade deficit, dollar, dollar bottom, mexican independence
Category: Currencies


Categories
Most Recent Articles
- 11/20/2009 5:15:00 PM
S&P: Much Ado About... 5.5 Percent
- 11/20/2009 4:30:00 PM
Commodities Feast of Opportunities: Dig In
- 11/20/2009 3:45:00 PM
Bonds: How Will They Do in a Deflation?
- 11/20/2009 2:15:00 PM
Why Your FDIC-Backed Bank Could Fail
- 11/19/2009 5:15:00 PM
Gold and the Dow: The exceptions, or the rule?

Announcing EWI's New eBook ...

EWI's New Trading eBook: How to Trade the Highest Probability Opportunities: Price Bars and Chart PatternsIn this exciting new 45-page eBook, Jeffrey Kennedy shows you – using fresh, real-life market examples – how you can use simple, yet powerful, chart reading techniques to improve your trading.

Download your copy today!



To access EWI's valuable Q&A message board, all you need is a free Club EWI profile. Create Yours Now >>
> Wars: Do they affect the stock market's Elliott wave patterns? 
> Market manipulation: Can wave patterns detect it?  
> Warren Bufett: Doesn't his latest major purchase boost market mood? 
> George Soros' Reflexivity Theory: Similar to Prechter's socionomics? 
> College tuition: Will it cost more or less in a deflation? 
> Currencies: How do I count Elliott waves between cash and futures? 
> Weekends and trading halts: How do they factor into Elliott wave count? 
> Crisis Part II: Who will people blame if stocks crash again? 
> Socionomics and 'The Wisdom of Crowds': Any connection? 
> Do you know of any mutual funds that use Elliott wave analysis? 

Club EWI Members: Click Here

 
Press Room
IN THE MEDIA
Browse Recent Media Articles that Mention EWI or Feature EWI Analysts

As the markets enter what Bob Prechter calls "the point of recognition," we notice that mainstream media pundits who get it start to notice us, our analysts and our forecasts. You can browse dozens of recent media articles about EWI in the EWI Press Room.
 
|
|
|
|
|
|
|
|
|
|
The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.