Forex Futures Forum Archive for 01/26/2010

GVI Forex Blog 23:21 GMT January 26, 2010 Reply   
Fed to adopt new benchmark? Obama speech tomorrow? Kan eyes more Fed action U.K. to follow Obama on bank reform?

Forex Market Commentary and Analysis (26 January 2010)

GVI Forex Blog 21:42 GMT January 26, 2010 Reply   
The Canadian dollar stumbled versus the U.S. currency on Tuesday as investors shunned risky assets, sparked by China's clampdown on lending and as Japan's credit rating was put in the spotlight.

Forex Market News - CANADA FX DEBT-C$ loses more ground on investor caution

GVI Forex Blog 21:17 GMT January 26, 2010 Reply   
The dollar rose on Tuesday after China told certain banks to raise reserve requirements, dulling investor demand for high-yield assets and currencies on fears the lending restrictions may slow a global recovery.

FOREX NEWS-Dollar, yen rise as China restricts bank lending

LONDON Mamun 20:44 GMT January 26, 2010 Reply   
Where ae all COMRED

GVI Forex Blog 20:09 GMT January 26, 2010 Reply   
21:00 GMT- Jan 26 (global-view.com) The focus of activity early Tuesday was back on risk aversion trades. That means traders were unloading European currencies, commodities, commodity currencies, equities etc. On the other side they purchased carry trade financing currencies

Daily GVI Forex Forex View- Markets Reassess Risk Trades Daily

GVI Forex Blog 19:19 GMT January 26, 2010 Reply   
Equity markets shrugged off yesterday afternoon's rehashed news on Chinese bank lending curbs, which had hurt Asian equities, focussing instead on data showing US consumer confidence continues to improve and some positive US earnings surprises.

Forex Research - Morning Report

GVI Forex Blog 16:44 GMT January 26, 2010 Reply   
(global-view.com) UPCOMING DATA HIGHLIGHTS: Wednesday in the Far East will see Japanese trade data. Key Australian CPI data are due as well. In the U.S., major highlights are new Homes Sales and weekly energy data.

GVI Forex- Data Outlook for January 27, 2010

GVI Forex Blog 16:33 GMT January 26, 2010 Reply   
The US Greenback has again benefited from some overall risk aversion coming out of the Asian and European trading sessions.

Forex Blog - US Market Update (Trade the News)

GVI Forex Blog 15:49 GMT January 26, 2010 Reply   
The set up from last session materialized into a decline in the Asian session, see above chart with original risk assessment. The anticipation was on point as the momentum was showing...

FXTimes: Daily Technical Update EUR/USD Bearish Scenario Triggered @ 1.4120

GVI Forex Blog 15:14 GMT January 26, 2010 Reply   
Last week when I touched upon the US dollar’s technical pattern, and the near-term potential for it to roll over a bit, I made mention of the lingering debt problem in the US...

Dollar, Debt and Dominance

GVI Forex Blog 13:49 GMT January 26, 2010 Reply   
The yen rose sharply on Tuesday after China's implementation of rises in some banks' reserve ratios cut risk appetite and underlined concerns that monetary tightening may slow the country's economic growth.

FOREX NEWS-Yen gains as China implements reserve ratio hike

GVI Forex Blog 13:44 GMT January 26, 2010 Reply   

Equity Market’s called lower after Volatile Asian Trade

GVI Forex Blog 13:43 GMT January 26, 2010 Reply   

Bearish News Boosts Dollar’s Appeal as Safe Haven

Hamb 98ccm 12:03 GMT January 26, 2010 Reply   
I suggest looking at silver in terms of a short sale cadidate.
What do you think?

GVI Forex Blog 11:17 GMT January 26, 2010 Reply   
Fixed Income/FX: Heading into the London open an all too familiar picture of risk aversion had developed thanks a number of themes emanating from the Asian session.

European Market Update: UK unconvincingly moves out of recession, S&P turns up the pressure on Japan while China continues to lead equities lower

GVI Forex Blog 10:54 GMT January 26, 2010 Reply   
11:00 GMT- Jan 26 (global-view.com) There have been mixed developments so far today in the financial markets. China persists in monetary tightening as fears about bubbles in the economy continue. A more direct solution might be to allow the CNY exchange rate to gain...

Daily GVI Forex Forex View- Risk Trade Off Today

Syd 09:42 GMT January 26, 2010 Reply   
The price of gold could push higher from current levels, but the outlook for the FTSE and DJIA is less positive, Sandy Jadeja from censored Securities told CNBC Monday.http://www.cnbc.com/id/15840232?video=1395938640&play=1

Syd 07:48 GMT January 26, 2010 Reply   

China's central bank signaled its intention to tame expectations of more aggressive monetary tightening by keeping the yield on its benchmark one-year bills unchanged Tuesday, after having raised it twice in the previous two weeks.
The unexpected decision to leave the yield unchanged also highlights Beijing's desire to prevent hot money inflows amid expectations the central bank will raise the official benchmark interest rate after the country's consumer price index rose 1.9% in December from a year earlier, the fastest pace in 13 months, analysts said.
In its open-market operation Tuesday, the PBOC sold CNY10 billion (US$1.46 billion) worth of one-year bills at 1.9264%, unchanged from a week ago. Traders had expected the central bank to raise the yield to 1.96%-2.00% to curb inflationary pressure.
"The central bank is unwilling to allow money market rates to rise too fast as it could boost hot money inflows," said Wang Yingfeng, a bond analyst at Shanghai Securities.
Wang said the PBOC will tighten monetary policy at a measured pace following its decision to increase banks' reserve requirement ratio.
Wang added the central bank's decision to leave its bill yield unchanged Tuesday suggests China has no plans to raise its official benchmark interest rate hike in the near term.
The PBOC raised the reserve requirement ratio for most lenders by 0.5 percentage point last week, which pulled around CNY300 billion from the banking system.
The PBOC conducts regular open market operations Tuesdays and Thursdays.
This week, CNY206 billion worth of bills and repos mature, up from CNY190 billion last week.

GVI Forex Blog 07:42 GMT January 26, 2010 Reply   

Stocks Produce Modest Gains in Lackluster Trade

GVI Forex Blog 07:42 GMT January 26, 2010 Reply   

Dollar Falters as Traders Put a Little More “Risk On”

GVI Forex Blog 00:08 GMT January 26, 2010 Reply   
The Canadian dollar wasunchanged against the U.S. currency on Monday, held up by steady stock markets and oil prices even though buyers were hesitant to make major bets ahead of key events this week

Forex Market News - CANADA FX DEBT-C$ ends flat after touching 5-week low

GVI Forex Blog 00:07 GMT January 26, 2010 Reply   
The dollar rose against the yen on Monday as Federal Reserve Chairman Ben Bernanke edged closer to winning support for a second term, which helped ease anxiety among investors.

FOREX NEWS-Dollar rises versus yen on Bernanke, BoJ speculation