Jack the Pipper

Currency Currents

US $ Smoked. Game Over? Is the Yen Telling?

The US dollar is getting whacked today against the euro, yen, and pound…but in this risk-off day where stocks are getting clobbered, the dollar is holing up against the commodity currencies. Read more

Relative Performance: Commodities & the Dollar

If, the fifth and final wave rally of the US dollar bull market, which began back in 2008, is underway [and for the record we have been showing this setup for a long time; and granted, we need a move back above the old high at 103.82 to add more confidence]… Read more

The Four-Body Problem and Debt in the Year 2017

Different year, same problem—debt overhang! Despite the best efforts of governments and central banks we remain stuck in the same vicious feedback loop. Read more

The Fed’s Fake News: Inflation Risks. Buy Bonds!

It’s an interesting aspect of the human condition—clinging to our view despite the fact reality has already invalidated them. The Federal Open Market Committee seems to have this characteristic firmly embedded in its DNA. Read more

Economists as Precious Snowflakes and Why Tariffs are Good for America…

I noticed Bloomberg’s barely sufferable bow-tied Tom Keene had some of what the globalist crowd considers the big guns of economics and analysis on his show this morning. Read more

Our Favorite Currency Currents Issues from 2016

We narrowed our favorite issues of Currency Currents written in 2016 to seven. Check’em out on the jump! Read more

Six Stages of the Dollar During the Era of Global Rebalancing

It’s always difficult to pinpoint where we are in terms of a trend. Long-term trends in the currency markets have ranged from six to ten years, measured by the various bull and bear markets in the dollar since the inception of the free-floating currency market back in 1971. Read more

The Oil Currency—Norwegian Krone; Is It Undervalued? Hmmm…

The krone is an oil currency. The currency tends to track very closely with the price of oil over time. Read more

Correction time? A quick look at stocks, bonds, gold, and the dollar…

I know it may sound odd, especially given what we’ve seen lately, but markets do correct. And usually, albeit these times may not be usual, markets correct when most of the players become complacent. Read more

Time for a US $ Correction? USD/JPY short a fav…

Momentum is clearly waning, but has not yet turned down. Read more

Trump Triggers a US Dollar Virtuous Circle?

As you well know, markets have reacted very favorably to the recent election of Donald Trump to be the next US President, despite the continued obsessive sniping among the mainstream press and assorted metrosexuals (defined as hubris-filled big city dwellers). Read more

Hodgepodge

A gap open on Thursday morning, ending in a doji candlestick. With the long wicks on both sides, this is known as a Rickshaw Man…indicates major indecision. Read more

A New Dollar View And Talking My Book…

Below is a chart with Black Swan’s new wave view [aka best guess] on the future path of the US dollar. Read more

Key Market Strategies

Dollar correction in full bloom and gold bouncing accordingly…shorter term players may consider playing these moves… Read more

Oil: Currencies May Be Telling Us Oil Prices Are About To Fall…

If you look at the near-term price action of the Canadian dollar (CAD) and Norwegian krone (NOK) and assume these two currencies tend to move in tandem with oil prices, it might suggest oil is about to head south, despite the vaunted agreement to control production. Read more