Weekly Importer / Exporter Analysis 11-17-14

Mixed results after the big moves of last week.  Japanese Yen continues to move to the advantage of importers as the massive quantitative easing plan is implemented.

Other US economic data for this week is here.

Who won the battle last week, between the USD and five currencies?  The perspective is strictly from America, so if against the Aussie Dollar, United States importers won, that also means Australian exporters won as well.  I am changing the sign convention: negative percentage changes mean that exporters have the advantage while positive numbers show the advantage for importers.

Currency Week Ending 11-14-14 Weeks in a Row Weekly Change YTD Change
Australian Dollar (AUD) Exporters Win! 0 -1.6% 2.39%
Canadian Dollar (CAD) Exporters Win! 0 -0.4% 6.46%
Euro (EUR) Exporters Win! 0 -0.7% 9.66%
British Pound Sterling (GBP) Importers Win! 3 0.9% 4.81%
Japanese Yen (JPY) Importers Win! 4 0.6% 10.38%

Thanks,

Damon

Weekly Importer / Exporter Analysis 11-10-14

Importers sweep the week with big gains.  With the US economy adding jobs and growing, versus just about every other economy, the dollar is becoming more valuable.  Keep an eye out on oil prices, as they stay below $85 per barrel, it acts as a mini stimulus package for US consumers.  All signs point to importer gains through the holidays.

Other US economic data for this week is here.

Who won the battle last week, between the USD and five currencies?  The perspective is strictly from America, so if against the Aussie Dollar, United States importers won, that also means Australian exporters won as well.  I am changing the sign convention: negative percentage changes mean that exporters have the advantage while positive numbers show the advantage for importers.

Currency Week Ending 11-7-14 Weeks in a Row Weekly Change YTD Change
Australian Dollar (AUD) Importers Win! 0 3.0% 4.01%
Canadian Dollar (CAD) Importers Win! 0 1.9% 6.83%
Euro (EUR) Importers Win! 2 1.6% 10.35%
British Pound Sterling (GBP) Importers Win! 2 1.0% 3.96%
Japanese Yen (JPY) Importers Win! 3 5.7% 9.76%

Thanks,

Damon

PeopleHedge issues its first patent!

For Immediate Release

Damon Magnuski
Founder and President PeopleHedge Corp
312-593-7142
Damon.Magnuski@peoplehedge.com

PeopleHedge issues its first patent!

Boston, Massachusetts – 24 Oct, 2014

PeopleHedge is thrilled to announce the acquisition of our very first patent! Our patent allows anyone to protect themselves against volatile price movements, using the same tools that large corporations use every day. The process began on November 11th, 2011, when we first applied for our patent, and has finally been completed. As PeopleHedge seeks to decrease risk and increase understanding regarding foreign currency exchange, we see this as an important step towards the future.

US Patent 20130124431 covers our system which provides small to medium sized businesses commodity price movement protection. The system receives information from clients, chooses appropriate commodity instruments, aggregates clients, and selects an appropriate hedge. Until now, only large corporations with large transactions amounts had access to this kind of protection. (Fundamentally, this removes risk like insurance. Customers are protected against a negative move, but benefit if rates move in their favor.) Our invention aggregates smaller risk holders into exchange traded products, thus removing transaction minimums and counterparty risk. The patenting of this system allows us to maintain our competitive advantage against any rivals that might emerge in the future. “I have always felt that small businesses and people deserve access to the same tools that large corporations use every day. This patent helps us protect customers regardless of their transaction size or sophistication.” If you are interested in more detailed information on our successful patent, please check out the full story here. PeopleHedge is grateful for all those who continue to support us. We thank everyone who has worked hard to help us get to this milestone and we look forward to many more in the future.

Weekly Importer / Exporter Analysis 11-3-14

One spigot closes while another opens.  The Federal Reserve ended its quantitative easing program while Japan expanded theirs.  This will make Japanese imports cheaper for Americans, but it will make energy imports more expensive.  I hope the utilities hedged their currency risk!  Nonfarm payrolls on Friday, hoping for another good month in terms of job creation.

Other US economic data for this week is here.

Who won the battle last week, between the USD and five currencies?  The perspective is strictly from America, so if against the Aussie Dollar, United States importers won, that also means Australian exporters won as well.  I am changing the sign convention: negative percentage changes mean that exporters have the advantage while positive numbers show the advantage for importers.

Currency Week Ending 10-31-14 Weeks in a Row Weekly Change YTD Change
Australian Dollar (AUD) Exporters Win! 0 -0.8% 1.07%
Canadian Dollar (CAD) Exporters Win! 1 -0.25% 4.91%
Euro (EUR) Importers Win! 1 0.3% 8.67%
British Pound Sterling (GBP) Importers Win! 1 0.1% 2.99%
Japanese Yen (JPY) Importers Win! 2 1.0% 4.08%

Thanks,

Damon

Weekly Importer / Exporter Analysis 10-27-14

Importers continue to benefit from the news.  While the European Central Bank (ECB) stress test results were underwhelming, it appears they have struck the right balance.  Markets are moving, but there were no extreme events.  Look to nonfarm payrolls next week to see if the US is continuing its reduction in unemployment streak, which would continue to help importers as the holiday season approaches.

Other US economic data for this week is here.

Who won the battle last week, between the USD and five currencies?  The perspective is strictly from America, so if against the Aussie Dollar, United States importers won, that also means Australian exporters won as well.  I am changing the sign convention: negative percentage changes mean that exporters have the advantage while positive numbers show the advantage for importers.

Currency Week Ending 10-24-14 Weeks in a Row Weekly Change YTD Change
Australian Dollar (AUD) Importers Win! 1 0.5% 1.83%
Canadian Dollar (CAD) Exporters Win! 0 -0.3% 5.15%
Euro (EUR) Importers Win! 0 1.4% 8.37%
British Pound Sterling (GBP) Exporters Win! 0 -0.1% 2.83%
Japanese Yen (JPY) Importers Win! 0 2.0% 3.08%

Thanks,

Damon

Weekly Importer / Exporter Analysis 10-20-14

The dollar continues to increase in value relative to other currencies.  This is making imported goods less expensive.  This is one factor in the drop in oil prices, the other being decreased demand.  Are you feeling it at the pump?  This could be considered a low-cost stimulus package as consumers will have more cash in their pockets going into the holiday season.

The European Central Bank (ECB) is going to release the bank stress test results on October 26th.  Read more here.

Ukraine has negotiated for natural gas over the winter.  This should ease tensions, but I would not be surprised by a shock of some sort.  Ukrainian officials have not disclosed how they will pay for their previous bills, though the amount has been agreed to.

Other US economic data for this week is here.

Who won the battle last week, between the USD and five currencies?  The perspective is strictly from America, so if against the Aussie Dollar, United States importers won, that also means Australian exporters won as well.  I am changing the sign convention: negative percentage changes mean that exporters have the advantage while positive numbers show the advantage for importers.

(Weekly Change Covers Two Weeks)

Currency Week Ending 10-17-14 Weeks in a Row Weekly Change YTD Change
Australian Dollar (AUD) Importers Win! 0 0.2% 1.35%
Canadian Dollar (CAD) Importers Win! 3 0.9% 5.48%
Euro (EUR) Exporters Win! 2 -1.0% 6.99%
British Pound Sterling (GBP) Importers Win! 3 0.4% 2.93%
Japanese Yen (JPY) Exporters Win! 3 -2.0% 1.03%

Thanks,

Damon

Weekly Importer / Exporter Analysis 10-6-14

It is clear to markets that the US economy is growing while the EU and Japan are sputtering.  China is also looking weaker as commodities scandals and shadow banking snafus are discovered.  This is good for US importers since it drives the price of foreign goods down.  For Europe and Japan, is the dollar’s rise in value going to bring the inflation both countries are looking for?  Oil and other commodities are priced in dollars, so as the exchange rate moves against their own currencies, fuel and materials become more expensive.

European Central Bank stress tests are due at the end of October, and any natural gas supply shocks to the EU should rear their ugly head soon.

Other US economic data for this week is here.

Who won the battle last week, between the USD and five currencies?  The perspective is strictly from America, so if against the Aussie Dollar, United States importers won, that also means Australian exporters won as well.  I am changing the sign convention: negative percentage changes mean that exporters have the advantage while positive numbers show the advantage for importers.

Currency Week Ending 10-3-14 Weeks in a Row Weekly Change YTD Change
Australian Dollar (AUD) Importers Win! 3 0.1% 1.09%
Canadian Dollar (CAD) Importers Win! 1 0.4% 4.59%
Euro (EUR) Importers Win! 5 0.6% 7.96%
British Pound Sterling (GBP) Importers Win! 1 1.0% 2.54%
Japanese Yen (JPY) Exporters Win! 1 -0.0% 3.04%

Thanks,

Damon