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Forex Market News - CANADA FX DEBT-C$ ends up, but posts big drop in tough 2008
Reuters Wednesday December 31, 2008 - 22:01:40 GMT

Wed Dec 31, 2008 4:34pm EST * Canadian dollar rises 0.2 percent with stocks, oil * Suffers worst yearly drop vs U.S. dollar in decades * Bond prices slip in light activity
(Adds Bank of Canada official closing rate, updates 2008 drop
against U.S. dollar) By Lynne Olver TORONTO, Dec 31 (Reuters) - The Canadian dollar closed
slightly higher against the U    More...



Forex Research - 2009 Currency Market Outlook
Global Forex Trading Wednesday December 31, 2008 - 19:55:19 GMT

2009 Currency Market Outlook

Last Updated 12/31/2008 12:28:49 PM EST (GMT +5)

US Dollar 2009 Forecast

How Did the Dollar Trade in 2008? It has been an exceptionally active year in the foreign exchange market as currency volatilities hit record highs  More...    More...


FOREX NEWS-Dollar records yearly gain; yen a standout in 2008
Reuters Wednesday December 31, 2008 - 19:38:44 GMT

FOREX-Dollar records yearly gain; yen a standout in 2008 Wed Dec 31, 2008 2:26pm EST

* Dollar posts first yearly gain versus basket since 2005

* Yen a standout in 2008, dollar/yen falls most since 1987

* Pound has worst year versus greenback since 1971 (Adds comments, updates prices, changes byline)

By Wanfeng Zhou

NEW YORK, Dec 31 (Reuters) - The U  More...    More...


Forex Market Commentary and Analysis (31 December 2008)
GCI Financial Wednesday December 31, 2008 - 16:20:13 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4100 figure and was supported around the $1.4055 level  More...    More...


Forex Blog - European Market Update: Goodbye 2008; will next year be characterized by a series of "binomial distributions at polar extremes."
Trade the News Staff Wednesday December 31, 2008 - 12:31:03 GMT

Today 06:15am European Market Update: Goodbye 2008; will next year be characterized by a series of "binomial distributions at polar extremes." *** ECONOMIC DATA *** - (RU) Russia Q3 Current Account: $27.6B v $27.9Be - (HU) Hungary Q3 Current Account: -€2  More...    More...


FOREX NEWS-Dollar rises; euro poised for yearly fall
Reuters Wednesday December 31, 2008 - 12:23:32 GMT

Wed Dec 31, 2008 7:05am EST (All UK financial markets are closed on Thursday for the New Year holiday, and will reopen on Friday, Jan. 2. FX coverage from London will end around midday on Wednesday, and resume on Friday.) * Dollar rises; euro/dlr eyes first yearly drop since 2005 * Yen seen as standout FX winner in 2008 * Pound down 27 pct vs dlr, worst since gold standard ended (Changes byline, adds comment, updates throughout) By Naomi Tajitsu LONDON, Dec 31 (Reuters) - The euro fell against the dollar on Wednesday and was poised to post its first annual fall versus the U  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Early December 31, 2008
Global-View Wednesday December 31, 2008 - 10:21:36 GMT

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Forex Research - ECONOMIC DATA HITS RECORD LOW
Global Forex Trading Wednesday December 31, 2008 - 01:30:20 GMT

ECONOMIC DATA HITS RECORD LOW

Last Updated 12/30/2008 4:32:25 PM EST (GMT +5)

TODAY'S BIGGEST PERCENTAGE MOVERS
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FOREX NEWS-Euro best of a bad bunch as rates diverge
Reuters Wednesday December 31, 2008 - 01:21:42 GMT

Tue Dec 30, 2008 6:52pm EST

SYDNEY, Dec 31 (Reuters) - The euro was gaining ground in Asia on Wednesday as tumbling U.S. yields undermined the dollar, while a truly dire outlook for the UK economy kept sterling pinned near record lows.

Dealers said the euro was proving the best of a bad bunch as the relatively staid pace of easing by the European Central Bank contrasted with the dramatic pace of rate cutting by the Federal Reserve and Bank of England  More...    More...


Forex Market News - CANADA FX DEBT-C$ weakens with oil, thin order flow
Reuters Wednesday December 31, 2008 - 01:19:19 GMT

Tue Dec 30, 2008 4:52pm EST * Canadian dollar ends down 0.2 pct * C$ on track for worst annual drop in decades * Bond prices end mixed By Lynne Olver TORONTO, Dec 29 (Reuters) - The Canadian dollar closed down
slightly against the U  More...    More...



FX Blog- GVI Forex Analysis Market Snapshot- December 30, 2008
Global-View Tuesday December 30, 2008 - 21:07:58 GMT

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Chart of the Day - 12/30/2008 - EUR/USD
FX Solutions Tuesday December 30, 2008 - 17:12:50 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend line in green; downtrend line in red; chart pattern in magenta; Fibonacci retracements in grey; 50-period simple moving average in light blue  More...    More...


Forex Market Commentary and Analysis (30 December 2008)
GCI Financial Tuesday December 30, 2008 - 17:04:37 GMT

The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4220 level and was supported around the $1  More...    More...


Forex Blog - U.S. Market Update
Trade the News Staff Tuesday December 30, 2008 - 16:48:56 GMT

Dow +65 S&P +8 NASDAQ +19

- US stocks got off on the right foot helped by gains in Europe and word that the US government was coming to the rescue of GMAC. The economic data was mixed but it is certainly hard to ignore a U.S. consumer confidence reading that fell to a new all-time low of 38  More...    More...


FOREX NEWS-Dollar slides vs euro, pound under pressure
Reuters Tuesday December 30, 2008 - 12:32:41 GMT

Tue Dec 30, 2008 7:22am EST

(All UK financial markets are closed on Thursday for the New Year holiday, and will reopen on Friday, Jan. 2. FX coverage from London will end around midday on Wednesday, and resume on Friday.)

* Dollar falls against euro, currency basket

* Pound hits 6-1/2-yr low vs dlr, near parity with euro

* Swiss franc supported by Israel-Hamas conflict

(Adds comment, updates prices)

By Tamawa Desai

LONDON, Dec 30 (Reuters) - The dollar fell against the euro and a basket of currencies on Tuesday as traders closed out some positions before the year-end and ahead of data on the U  More...    More...


FX Thoughts for the day - Evening - 30 -Dec-2008 - 1210 GMT
FX Thoughts for the Day Tuesday December 30, 2008 - 12:14:59 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: Oil remains below $40/barrel as demand concerns overwhelmed supply fears
Trade the News Staff Tuesday December 30, 2008 - 11:09:28 GMT

Today 06:01am

European Market Update: Oil remains below $40/barrel as demand concerns overwhelmed supply fears

*** ECONOMIC DATA ***

-: (FR) Nov Housing Starts 3M Y/Y:-14  More...    More...


FX Blog- GVI Market Snapshot: Europe Mid-Session for December 30, 2008
Global-View Tuesday December 30, 2008 - 10:36:48 GMT

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Forex News - CANADA FX DEBT-C$ slips lower, bonds jump
Reuters Monday December 29, 2008 - 23:20:37 GMT

  Mon Dec 29, 2008 4:45pm EST * Canada dollar dips 0.8 pct despite brief rally * Bond prices jump across curve * Concerns linger about weakening economy By Lynne Olver TORONTO, Dec 29 (Reuters) - The Canadian dollar closed lower against the U.S. currency in volatile, holiday-thinned trading on Monday, unable to hold on to afternoon gains despite higher commodity prices and broad weakness in the U  More...    More...


FX Blog- GVI Forex Analysis for December 29, 2008
Global-View Monday December 29, 2008 - 21:36:13 GMT

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Forex Blog - US Market Update
Trade the News Staff Monday December 29, 2008 - 17:02:14 GMT

Today 11:29am

US Market Update

Dow -95 S&P -11.5 NASDAQ -28

- US stock markets are moving lower following a slightly higher New York open, which in turn is weighing on the European bourses into their close  More...    More...


Chart of the Day - 12/29/2008 - USD/JPY
FX Solutions Monday December 29, 2008 - 15:57:40 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend line in red; horizontal support/resistance line in yellow; Fibonacci retracements in grey; 50-period simple moving average in light blue  More...    More...


Forex Market Commentary and Analysis (29 December 2008)
GCI Financial Monday December 29, 2008 - 14:35:20 GMT

The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4360 level and was supported around the $1  More...    More...


FX Thoughts for the day - Evening - 29 -Dec-2008 - 1220 GMT
FX Thoughts for the Day Monday December 29, 2008 - 12:23:08 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


FOREX NEWS-Dollar hobbled, sterling sinks to record low vs euro
Reuters Monday December 29, 2008 - 12:14:10 GMT

Mon Dec 29, 2008 7:04am EST

* Dollar falls broadly on gloomy U.S. economy outlook

* Parity moves into view as stg hits record low vs euro

* Swiss franc <CHF=> rises on geopolitical risks

* Commodity currencies catch bid with oil and gold

(Adds quotes, updates prices, changes byline)

By Veronica Brown

LONDON, Dec 29 (Reuters) - The dollar fell broadly on Monday, eroded by a grim outlook for the U  More...    More...


FX Blog- GVI Forex Analysis Europe mid-session for December 29, 2008
Global-View Monday December 29, 2008 - 11:06:18 GMT

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Forex Blog - European Market Update: Safe haven flows dominate as Mid-East tensions build; Russia devalues Rouble for a 12th time within a 7 week period
Trade the News Staff Monday December 29, 2008 - 11:01:57 GMT

Today 05:52am

European Market Update: Safe haven flows dominate as Mid-East tensions build; Russia devalues Rouble for a 12th time within a 7 week period

*** ECONOMIC DATA ***

- (FR) Q3 Final GDP Q/Q: 0  More...    More...


Forex Market Commentary and Analysis (26 December 2008)
GCI Financial Friday December 26, 2008 - 16:43:26 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4115 level and was supported around the $1.4035 level  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- early December 26, 2008
Global-View Friday December 26, 2008 - 10:54:16 GMT

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Forex Market Commentary and Analysis (25 December 2008)
GCI Financial Thursday December 25, 2008 - 14:59:28 GMT

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3980 level and was supported around the $1.4025 level  More...    More...


FOREX NEWS-Dollar dips vs most major currencies in thin trade
Reuters Wednesday December 24, 2008 - 21:46:25 GMT

  Wed Dec 24, 2008 1:34pm EST

* U.S. data reinforces grim economic outlook

* Euro steady, Trichet offers little hint on ECB policy

* Sterling on defensive, parity with euro in sight (Updates with closing prices)

By Steven C  More...    More...


Forex Market News - CANADA FX DEBT-C$ rises in illiquid, shortened session
Reuters Wednesday December 24, 2008 - 21:44:54 GMT

  Wed Dec 24, 2008 1:16pm EST * Canada dollar rises 0.4 percent * Bond price little changed, up slightly By Cameron French TORONTO, Dec 24 (Reuters) - The Canadian dollar strengthened versus the U.S. currency on Wednesday, as thin market volumes forced the currency to ride the wave of corporate buyers and fund managers readjusting portfolios ahead of the year end  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 24, 2008
Global-View Wednesday December 24, 2008 - 18:13:31 GMT

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Forex Market Commentary and Analysis (24 December 2008)
GCI Financial Wednesday December 24, 2008 - 15:24:15 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4020 level and was supported around the $1.3915 level  More...    More...


Forex Blog - US Treasuries Are Safe Bet for 2009
Foreign Exchange Analytics Wednesday December 24, 2008 - 13:10:44 GMT

US Treasuries Are Safe Bet for 2009

 

With US Treasury yields ending 2008 at 50-55 year lows, 1-month t-bills yielding 0.00%, the Fed embarking on quantitative easing (printing money) and the incoming administration planning a massive debt-financed fiscal stimulus, the “Bonds for Dummies” manual adherents are warning that 2009 may bring the near demise of the bond market (the new asset bubble)  More...    More...


FOREX NEWS-Dlr eases vs yen in thin trade; US data eyed
Reuters Wednesday December 24, 2008 - 13:02:41 GMT

Wed Dec 24, 2008 6:28am EST

(All UK financial markets are closed on Thursday and Friday for the Christmas and Boxing Day holidays. The markets will reopen on Monday, Dec. 29. FX coverage from London will end around midday on Wednesday, and resume on Dec  More...    More...


FX Thoughts for the day - Evening - 24 -Dec-2008 - 1215 GMT
FX Thoughts for the Day Wednesday December 24, 2008 - 12:17:01 GMT


EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: Russia continues with currency devaluations and warns of possible unrest from its economic situation
Trade the News Staff Wednesday December 24, 2008 - 10:57:35 GMT

Today 05:49am European Market Update: Russia continues with currency devaluations and warns of possible unrest from its economic situation

*** ECONOMIC DATA ***

- 3:00 (SZ) SNB Monthly Report: Sees 2009 GDP in range of -1.0% to -0  More...    More...



FX Blog- GVI Forex Analysis Market Snapshot: Europe mid-Session- December 24, 2008
Global-View Wednesday December 24, 2008 - 10:24:37 GMT

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Forex Market News - CANADA FX DEBT-C$ firms despite weak resources
Reuters Tuesday December 23, 2008 - 21:50:07 GMT

Tue Dec 23, 2008 4:39pm EST * Canada dollar rises 0.4 percent * Currency rise despite weaker oil * Bond prices mixed, weak on long end By Cameron French TORONTO, Dec 23 (Reuters) - The Canadian dollar ended
stronger versus the U.S  More...    More...



FOREX NEWS-Dollar gains vs yen, down vs euro in thin trading
Reuters Tuesday December 23, 2008 - 21:47:26 GMT

Tue Dec 23, 2008 4:13pm EST

* Dollar rises vs yen, but falls against euro

* Dismal housing, growth data weigh on U.S. outlook

* Trading desks thin out as holidays approach (Updates prices, adds comment, changes byline)

By Gertrude Chavez-Dreyfuss

NEW YORK, Dec 23 (Reuters) - The dollar drifted higher against the yen in thin pre-holiday trade on Tuesday, as investors continued to lock in profits on the Japanese currency's recent steep gains, cautious not to push the pair lower in case Japan intervenes  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Tuesday December 23, 2008 - 21:44:53 GMT

Morning Report  Wednesday 24 December 2008

 

News and views

The USD perversely benefited from weak economic data overnight  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 23, 2008
Global-View Tuesday December 23, 2008 - 21:08:04 GMT

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FX Blog-
Global-View Tuesday December 23, 2008 - 21:06:59 GMT

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FX Blog- GVI Forex Analysis: Pre-Far East Open for December 24, 2008
Global-View Tuesday December 23, 2008 - 20:32:50 GMT

Pre-Far East Open
  • The Christmas Eve calendar is loaded with all the data that authorities could get out before the end of the year. The day is a holiday in several centers on the Continent and a half-day session in London. Most markets are closed on the day aftr Christmas  More...    More...


FX Blog- GVI Forex Analysis: Pre-Far East Open for December 24, 2008
Global-View Tuesday December 23, 2008 - 20:25:23 GMT

Pre-Far East Open
  • The Christmas Eve calendar is loaded with all the data that authorities could get out before the end of the year. The day is a holiday in several centers on the Continent and a half-day session in London. Most markets are closed on the day aftr Christmas  More...    More...


Chart of the Day - 12/23/2008 - USD/CHF
FX Solutions Tuesday December 23, 2008 - 16:37:09 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend line in red; horizontal support/resistance lines in yellow; Fibonacci retracements in grey; 50-period simple moving average in light blue  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Oil and Gold - December 23, 2008
Global-View Tuesday December 23, 2008 - 15:30:02 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading mixed vs. the USD. The AUD and kiwi are weaker and the CAD is higher. The USD is mixed vs. the major European currencies.
  • The primary tradidional carry trade funding currency JPY is steady vs  More...    More...


Forex Market Commentary and Analysis (23 December 2008)
GCI Financial Tuesday December 23, 2008 - 15:26:08 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4020 level and was supported around the $1.3930 figure  More...    More...


FX Thoughts for the day - Evening - 23 -Dec-2008 - 1216 GMT
FX Thoughts for the Day Tuesday December 23, 2008 - 12:18:51 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


FOREX NEWS-Dollar slips vs euro as market awaits U.S. data
Reuters Tuesday December 23, 2008 - 11:17:16 GMT

Tue Dec 23, 2008 5:48am EST

* Dollar dips vs euro in thin trade, dollar index down

* Investors await U.S. GDP, housing data

* U.S. firms forced to reduce costs; GM, Ford ratings cut

(Adds quotes, changes byline, dateline, previous TOKYO)

By Jessica Mortimer

LONDON, Dec 23 (Reuters) - The dollar edged lower against the euro and a basket of currencies in thin trade on Tuesday as worries mounted about the depth of the U  More...    More...


Forex Research - Euro Makes Another Run to 1.4000 in Thin Holiday Trade
Global Forex Trading Tuesday December 23, 2008 - 10:58:59 GMT

Euro Makes Another Run to 1.4000 in Thin Holiday Trade

Last Updated 12/23/2008 5:35:49 AM EST (GMT +5)

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Forex Blog - European Market Update: U.K. Economy Contracted the most since Q3 1990
Trade the News Staff Tuesday December 23, 2008 - 10:55:32 GMT

Today 05:46am

European Market Update: U.K. Economy Contracted the most since Q3 1990

*** ECONOMIC DATA ***

- (TT) Taiwan Nov Industrial production Y/Y: -28  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe mid-Session for December 23, 2008
Global-View Tuesday December 23, 2008 - 10:45:29 GMT

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FX Blog- GVI Forex Analysis:Pre-New York Open for December 23, 2008
Global-View Tuesday December 23, 2008 - 10:35:27 GMT

Pre-New York Open
  • Today sees a slew of data from the U.S. revisions to 3Q08 GDP are awaited on the U.S. open, and then later the University of Michigan sentiment index and new and existing home sales. Home sales data are expected to remain weak  More...    More...


Forex Research - What to Expect Before New Years
Global Forex Trading Monday December 22, 2008 - 23:47:57 GMT

What to Expect Before New Years

Last Updated 12/22/2008 5:29:04 PM EST (GMT +5)

TODAY'S BIGGEST PERCENTAGE MOVERS
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Forex Market News - CANADA FX DEBT-C$ rises slightly in thin markets
Reuters Monday December 22, 2008 - 22:14:48 GMT

Mon Dec 22, 2008 5:08pm EST * Canada dollar rises 0.3 percent * Currency trims early gains as oil retreats * Bond prices mixed, weak on long end By Cameron French TORONTO, Dec 22 (Reuters) - The Canadian dollar closed
slightly higher versus the U  More...    More...



FX Research - Morning Report
Westpac Institutional Bank Monday December 22, 2008 - 21:46:17 GMT

Morning Report Tuesday 23 December 2008

 

News and views

China cut its benchmark rates by 27bp and reserve requirements by 50bp, injecting a positive tone to metal markets  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 22, 2008
Global-View Monday December 22, 2008 - 21:30:33 GMT

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FOREX NEWS-Dollar firms vs yen, buoyed by Japan data, BoJ caution
Reuters Monday December 22, 2008 - 21:15:19 GMT

Mon Dec 22, 2008 4:07pm EST

* Dollar up vs yen as BoJ warns of further export woes

* Euro gains; doubts about U.S. auto bailout loom

* Market expects ECB rate cut; policy-makers seem divided (Updates prices, adds comment, changes byline)

By Gertrude Chavez-Dreyfuss

NEW YORK, Dec 22 (Reuters) - The U  More...    More...


FX Blog- GVI Forex Analysis: Pre-Far East Open for December 23, 2008
Global-View Monday December 22, 2008 - 20:31:19 GMT

Pre-Far East Open
  • The holiday markets appear to have arrived on Monday. However, just about all the data normally scheduled for the rest of the month has been compressed into Tuesday and Wednesday. Tuesday and Wednesday moring in the U.S. will see a slew of data releases  More...    More...


Forex Market Commentary and Analysis (22 December 2008)
GCI Financial Monday December 22, 2008 - 20:14:43 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4125 level and was supported around the $1.3900 figure  More...    More...


Chart of the Day - 12/22/2008 - EUR/USD
FX Solutions Monday December 22, 2008 - 17:08:12 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; downtrend line in red; horizontal support/resistance lines in yellow; chart pattern in magenta; Fibonacci retracements in grey; 50-period simple moving average in light blue  More...    More...


Can we rest? Gold may lead the way.
Black Swan Capital Monday December 22, 2008 - 16:17:46 GMT

Key News
• China cut interest rates for the fifth time in three months after trade growth collapsed because of recessions in the U.S., Europe and Japan.
• The German economy is to contract by 2.7 percent in 2009, the Kiel-based Institute for World Economy, or IfW, said on Monday, slashing its previous forecast as Germany's exporters feel the effects of a global slowdown  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil December 22, 2008
Global-View Monday December 22, 2008 - 16:11:03 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading mixed vs. the USD. The AUD is about steady and the CAD is higher. The fiwi is weaker. Obviously there is no pattern. USD has started to recover vs. the major European currencies  More...    More...


Forex Blog - US Market Update
Trade the News Staff Monday December 22, 2008 - 16:04:59 GMT

US Market Update

Dow -16 S&P -7 NASDAQ -18

- US stock markets have begun the holiday shortened week slightly to the down side in expectedly thin trade. World equity markets experienced some selling after Toyota cut sales guidance and said they were likely to see and operating loss during the European session  More...    More...


Economics Weekly - 2008 was a year of shock and awe for the world economy; Weekly economic data preview - Fed and weak data put pressure on central banks to slash rates
Lloyds TSB Financial Markets Monday December 22, 2008 - 13:39:23 GMT

Economics Weekly 22 December 2008

 

*The next Economics Weekly is published on 12 January 2009. We wish all our readers a Happy Christmas and a prosperous New Year*

 

2008 was a year of shock and awe for the world economy

2008 has been a year full of tumultuous events for financial markets, with the failure of some of the brightest names in the banking sector and wholesale government rescues being mounted for most of the rest  More...    More...


FX Thoughts for the day - Evening - 22 -Dec-2008 - 1223 GMT
FX Thoughts for the Day Monday December 22, 2008 - 12:26:19 GMT


EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


FOREX NEWS-Euro gains vs dlr, yen in volatile holiday trade
Reuters Monday December 22, 2008 - 11:54:53 GMT

Mon Dec 22, 2008 6:50am EST

* Euro gains broadly, trades around $1.40 <EUR=>

* Yen weakens in wake of Friday's BOJ rate cut

* Scepticism about U.S. auto bailout keeps dlr on back foot

* ECB policymakers divided on near-term policy action

(Adds comment, updates throughout)

By Naomi Tajitsu

LONDON, Dec 22 (Reuters) - The euro rose broadly in holiday thinned trade on Monday as a dim view of the U  More...    More...


Forex Research - Euro Retakes 1.4000 At Start of Holiday Week
Global Forex Trading Monday December 22, 2008 - 11:31:49 GMT

Euro Retakes 1.4000 At Start of Holiday Week

Last Updated 12/22/2008 4:25:24 AM EST (GMT +5)

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European Market Update: China's PbOC cuts interest rates and reserve requirement; Toyota lowers guidance and sees its first FY operating loss in seven decades; German think-tank see ECB rate at 0.5% b
Trade the News Staff Monday December 22, 2008 - 11:20:47 GMT



*** ECONOMIC DATA ***

- (JP) Nov Convenience Store Sales Y/Y: 7.4% v 8.1% prior

- (GE) Germany Nov Import Price Index M/M: -3.4% v -2.5%; Y/Y: -1.3% v -0.2%e

- (GE) Germany Jan GFK Consumer Confidence: 2  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot Europe Mid-Session- December 22, 2008
Global-View Monday December 22, 2008 - 10:56:11 GMT

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FX Blog- GVI Forex Analysis: Pre-New York Open for December 22, 2008
Global-View Monday December 22, 2008 - 10:45:46 GMT

Pre-New York Open
  • As Jay mentioned earlier, it all boils down to flows now with the Christmas holidays already at hand. The economic data calendar is working against traders as well with no major releases left today and most of the end of month data pushed forward to Tuesday and Wednesday morning  More...    More...


The Silly Season
FX Solutions Monday December 22, 2008 - 04:27:22 GMT



In journalism it is the month of August when all the newsmakers are on vacation. The business movers are in the Hamptons, the political shakers are back in their Congressional districts but the print pages and websites still need to be filled with copy  More...    More...



FX Research - Morning Report
Westpac Institutional Bank Sunday December 21, 2008 - 23:39:10 GMT

Morning Report Monday 22 December 2008

 

News and views

The main news items for global markets were the US auto industry rescue package finally agreed by the US Government, and an expansion of credit stimulation facility by the Federal Reserve  More...    More...


Forex Blog - I Meant to Do That December 19, 2008 By John Mauldin
Thoughts from the Frontline Saturday December 20, 2008 - 10:39:05 GMT

I Meant to Do That
December 19, 2008
By John Mauldin

I Meant to Do ThatThe Lights of MyanmarSome Good News for BorrowersMadoff May Give Us a Sell-OffConversations with John MauldinNew Orleans, La Jolla, and Merry Christmas

The Fed has taken interest rates to zero  More...    More...


Forex Research - The Basics of Quantitative Easing
Global Forex Trading Friday December 19, 2008 - 23:17:16 GMT

The Basics of Quantitative Easing

Last Updated 12/19/2008 5:46:30 PM EST (GMT +5)

TODAY'S BIGGEST PERCENTAGE MOVERS
  •                          pip         s%
  • EUR/JPY  More...    More...


FOREX NEWS-Dollar jumps vs euro, biggest daily gain in 2 months
Reuters Friday December 19, 2008 - 21:18:26 GMT

Fri Dec 19, 2008 4:14pm EST

* ECB deposit rate cut weighs on euro zone currency

* Dollar up vs yen on White House auto aid plan

* Japan cuts benchmark rate 0.1 percent

(Adds comments, updates prices, changes byline)

By Vivianne Rodrigues

NEW YORK, Dec 19 (Reuters) - The U  More...    More...


FX Blog- GVI Forex Analysis- Market Snapshot for December 19, 2008
Global-View Friday December 19, 2008 - 21:10:46 GMT

21:07

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Forex Market Commentary and Analysis (19 December 2008)
GCI Financial Friday December 19, 2008 - 19:34:55 GMT

The euro moved sharply lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3825 level and was capped around the $1.4305 level  More...    More...


Chart of the Day - 12/19/2008 - USD/JPY
FX Solutions Friday December 19, 2008 - 17:20:03 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in black; uptrend line in green; downtrend lines in red; 50-period simple moving average in orange.)

12/19/2008 – USD/JPY – With the Bank of Japan cutting the overnight lending rate to 0  More...    More...



FX Briefing - Dollar collapse at the end of the year
BHF-Bank Friday December 19, 2008 - 16:52:04 GMT

FX Briefing 19 December 2008

Highlights

·        EUR-USD hits 1  More...    More...


Underestimating the power of deflation is dangerous!
Black Swan Capital Friday December 19, 2008 - 16:44:27 GMT

Key Reports (WSJ):
No economic events are scheduled for today.

Quotable
O farewell,
Farewell the neighing steed, and the shrill trump,
The spirit-stirring drum, th' ear-piercing fife;
The royal banner, and all quality,
Pride, pomp, and circumstance of glorious war!
And O you mortal engines, whose rude throats
Th' immortal Jove's dread clamors counterfeit,
Farewell! Othello's occupation's gone  More...    More...


Forex Blog - US Market Update
Trade the News Staff Friday December 19, 2008 - 16:38:42 GMT

Today 11:20am

US Market Update

Dow +108 NASDAQ +29 S&P +13.5

- US equity indices are posting solid gains this morning after President Bush finally got off the pot and announced a temporary bailout of the US auto industry  More...    More...


FOREX NEWS-Euro falls broadly, dollar stays weak vs yen
Reuters Friday December 19, 2008 - 12:19:50 GMT

Fri Dec 19, 2008 7:15am EST

* Euro falls broadly, traders take profits on steep rally

* Dollar stays weak vs yen on grim US economic view

* Limited FX impact from BOJ rate cut to 0.1 percent

(Adds comments, updates prices)

By Tamawa Desai

LONDON, Dec 19 (Reuters) - The euro fell broadly on Friday, as traders locked in profits from the currency's rally to a 2 1/2-month high against the dollar and its strongest level ever against sterling this week  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Early December 19, 2008
Global-View Friday December 19, 2008 - 11:21:54 GMT

11:19

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Forex Blog - European Market Update: Thinning conditions continue to give rise to fresh volatility in currencies; Honda wants Japan to halt JPY appreciation; S&P downgrades 12 major banking institutio
Trade the News Staff Friday December 19, 2008 - 11:20:11 GMT

Today 06:03am

European Market Update: Thinning conditions continue to give rise to fresh volatility in currencies; Honda wants Japan to halt JPY appreciation; S&P downgrades 12 major banking institutions long term debt ratings

*** ECONOMIC DATA ***

- (DE) Danish Central Bank cuts rates by 50bps to 3  More...    More...


Forex Research - Euro Unwinds Rally As Volatility Massive, Liquidity Scarce
Global Forex Trading Friday December 19, 2008 - 11:00:07 GMT

Euro Unwinds Rally As Volatility Massive, Liquidity Scarce Last Updated 12/19/2008 5:17:47 AM EST (GMT +5)

More...    More...


FX Blog- GVI Forex Analysis: Pre-New York Open for December 19, 2008
Global-View Friday December 19, 2008 - 10:44:06 GMT

Pre-New York Open
  • The BOJ surprised us by thrown in the kitchen sink today. It lowered its overnight target rate by 20bps to virtually zero (0.10%) and announced other measures to improve the liquidity in the system. No doubt it was the recent surge in the JPY that pushed them over the edge  More...    More...


Forex Research - WHAT IS BEHIND THE DOLLAR RECOVERY?
Global Forex Trading Thursday December 18, 2008 - 22:42:27 GMT

WHAT IS BEHIND THE DOLLAR RECOVERY? Last Updated 12/18/2008 5:31:43 PM EST (GMT +5)

TODAY'S BIGGEST PERCENTAGE MOVERS
  •     pips %
  • GBP/USD More...    More...


Forex Market News - CANADA FX DEBT-C$ ends lower on weak data, bonds gain
Reuters Thursday December 18, 2008 - 21:55:50 GMT

  Thu Dec 18, 2008 4:47pm EST * Canadian dollar streak of gains snapped at three days * Weak data drags C$ from highest level since Nov. 10 * Bond yields hit record lows in face of equity selloff By Frank Pingue TORONTO, Dec 18 (Reuters) - The Canadian dollar's three-day streak of gains versus the U  More...    More...


FOREX NEWS-Dollar jumps vs yen as intervention risk mounts
Reuters Thursday December 18, 2008 - 21:53:22 GMT

  Thu Dec 18, 2008 4:11pm EST

* Dollar posts biggest one-day gain vs yen in over a month

* Japanese finance minister says intervention is an option

* Dollar rebounds from near 3-month low vs euro

* BoJ seen to cut rates Friday following Fed's move (Adds comments, updates prices; changes byline)

By Vivianne Rodrigues

NEW YORK, Dec 18 (Reuters) - The U  More...    More...


FX Blog- GVI Forex Analysis: Month Ahead Forex Forecasts for December 19,2008
Global-View Thursday December 18, 2008 - 21:19:27 GMT

December 19, 2008

Forex Forecast of Major Currency Pairs

The Global-View.com Month Ahead Currency Outlook is prepared weekly by the trading professionals at GVI Forex  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 18, 2008
Global-View Thursday December 18, 2008 - 21:09:03 GMT

21:05

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FX Research - Morning Report
Westpac Institutional Bank Thursday December 18, 2008 - 20:50:07 GMT

Morning Report  Friday 19 December 2008

 

News and views

 

Non-USD currencies corrected their 5-day rallies sharply last night, the likely catalyst being US data releases which were not quite as weak as expected  More...    More...


Forex Blog - Market Failures Yield Distorted Price Signals
Foreign Exchange Analytics Thursday December 18, 2008 - 20:36:54 GMT

Market Failures Yield Distorted Price Signals

 

It has been nothing short of amusing (read frustrating) to hear the rubbish being peddled over why this currency did this or that asset did that  More...    More...


FX Blog- GVI Forex Analysis: Pre-Far East Open for December 19, 2008
Global-View Thursday December 18, 2008 - 20:19:05 GMT

Pre-Far East Open
  • Chatter that the PBOC has been a large buyer of EUR daily since the start of December suggested to some of us that this trade had probably already run its course. There was the suggestion early on that this was the day to sell EUR/USD as those who had caught the move would be looking to take profits before the holiday break that starts next week  More...    More...


Forex Market Commentary and Analysis (18 December 2008)
GCI Financial Thursday December 18, 2008 - 19:31:01 GMT

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4180 level and was capped around the $1.4720 figure  More...    More...


Chart of the Day - 12/18/2008 - AUD/USD
FX Solutions Thursday December 18, 2008 - 17:09:51 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; downtrend line in red; uptrend line in green; horizontal support/resistance lines in yellow; chart pattern in magenta; 50-period simple moving average in light blue  More...    More...


Forex Blog - US Market Update
Trade the News Staff Thursday December 18, 2008 - 17:04:32 GMT

Today 11:40am

US Market Update

Dow -18 S&P +1 NASDAQ +1

- US equity indices are vacillating around the unchanged mark today as crude plunges to four-year lows, the outlook grows darker for GMAC's bond swap and big swings in major pairs ruffle currency trading  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Oil and Gold for December 18, 2008
Global-View Thursday December 18, 2008 - 16:38:58 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading mixed steady vs. the USD. The AUD and NZD are higher and the CAD is about steady. The USD is now broadly higher against the major currencies.
  • The primary carry trade funding currency JPY is weaker vs  More...    More...


Consuming Forces Shaking Ukraine, Germany ... and China
Black Swan Capital Thursday December 18, 2008 - 15:42:55 GMT

Key News
• Ukraine's Currency Plunges as Debt Concern Grows Despite Yushchenko Pledge (Bloomberg)
• ECB May Cut Deposit Rate to Jolt Banks Into Lending More to Revive Growth (Bloomberg)
• German Business Confidence Drops More Than Estimated to Lowest Since 1982 (Bloomberg)
• Germany is fighting with Europe  More...    More...


FX Thoughts for the day - Evening - 18 -Dec-2008 - 1231 GMT
FX Thoughts for the Day Thursday December 18, 2008 - 12:37:06 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 0  More...    More...


Forex Research - Euro Blows Past 1.4700 As Ifo Sinks to All Time Lows
Global Forex Trading Thursday December 18, 2008 - 12:03:32 GMT

Euro Blows Past 1.4700 As Ifo Sinks to All Time Lows Last Updated 12/18/2008 6:59:02 AM EST (GMT +5)

More...    More...


FOREX NEWS-Euro surges broadly, hits 2-1/2 mth high vs dlr
Reuters Thursday December 18, 2008 - 11:54:37 GMT

Thu Dec 18, 2008 6:49am EST

* Euro surges broadly, rallies to 2-1/2 month high vs dlr

* Euro hits record high vs sterling above 95 pence <EURGBP=>

* German Ifo index falls more than expected

* Markets keep eye on yen; await BOJ rate decision

(Releads, adds quotes)

By Tamawa Desai

LONDON, Dec 18 (Reuters) - The euro surged across the board on Thursday, buoyed by expectations that euro zone interest rates will not fall as steeply as those in other major economies despite data pointing to worsening German business sentiment  More...    More...


Forex Blog - European Market Update: Heightened alert for possible currency intervention; UK Retail Sales beat expectations; IFO hits record low
Trade the News Staff Thursday December 18, 2008 - 11:03:29 GMT

Today 05:59am

European Market Update: Heightened alert for possible currency intervention; UK Retail Sales beat expectations; IFO hits record low

*** ECONOMIC DATA ***

- (PH) Philippines Central Bank lowered interest rates by 50bps to 5  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe Mid-Session December 18, 2008
Global-View Thursday December 18, 2008 - 10:47:56 GMT

10:44

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FX Blog- GVI Forex Analysis: Pre-Far New York Open for December 18, 2008
Global-View Thursday December 18, 2008 - 10:38:32 GMT

Pre-New York Open
  • December German IFO data were very weak today and raised again the questions in the minds of traders about the rationality of the leadership of the ECB, which incomprehensibly continues to fret about inflation in a deflationary global economy  More...    More...


Forex Research - How Much Further Can the US Dollar Fall?
Global Forex Trading Wednesday December 17, 2008 - 23:10:04 GMT

How Much Further Can the US Dollar Fall? Last Updated 12/17/2008 5:13:35 PM EST (GMT +5)

More...    More...


Forex Market News - CANADA FX DEBT-C$ rises for 3rd day as greenback sags
Reuters Wednesday December 17, 2008 - 23:03:02 GMT

Wed Dec 17, 2008 4:39pm EST * Canadian dollar rallies to highest level since Nov. 11 * Aftermath of Fed cut continues to weigh on greenback * Bond yields near record lows after weak wholesale data By Frank Pingue TORONTO, Dec 17 (Reuters) - The Canadian dollar rose for
the third straight session on Wednesday and hit a five-week
high as the U  More...    More...



FOREX NEWS-Dollar hits 13-1/2 year low vs yen, plunges vs euro
Reuters Wednesday December 17, 2008 - 23:01:19 GMT

Wed Dec 17, 2008 4:09pm EST

* Dollar hits 2-1/2 month low vs euro a day after Fed move

* Dollar plunges to 13-1/2 year trough vs yen below 88

* Fed's historic rate cut seen keeping dollar weak

* BoJ seen cutting rates later this week

(Adds comments, updates prices, changes byline)

By Vivianne Rodrigues

NEW YORK, Dec 17 (Reuters) - The U  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 17, 2008
Global-View Wednesday December 17, 2008 - 21:11:52 GMT

21:08

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FX Blog- GVI Forex Analysis: Pre-Far East Open for December 17, 2008
Global-View Wednesday December 17, 2008 - 20:36:35 GMT

Pre-Far East Open
  • The USD extended its tumble against major currencies further on Wednesday. Bank dealers cited reduced market participation for the price volatility, as many have already closed their books for the year and are under instructions not to make waves before 1Q09  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Wednesday December 17, 2008 - 20:14:41 GMT

Morning Report Thursday 18 December 2008

 

News and views

The market’s reassessment of individual currencies continued, the USD clearly in the dog-box for now, falling 2% (DXY index)  More...    More...


Forex Market Commentary and Analysis (17 December 2008)
GCI Financial Wednesday December 17, 2008 - 17:38:32 GMT

The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4435 level and was supported around the $1  More...    More...


Forex Blog - US Market Update
Trade the News Staff Wednesday December 17, 2008 - 17:22:39 GMT

Today 11:44am

US Market Update

Dow -88 S&P -10 NASDAQ -16.5

- The strength seen in equity markets post Fed announcement has dissipated as companies continue to lower their outlook for profits and production heading into 2009  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Oil and Gold for December 17, 2008
Global-View Wednesday December 17, 2008 - 16:12:20 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading steady to higher higher vs. the USD. The kiwi is up strongly. The have not broadly advanced again in line with the weakness of USD against the majors.
  • The primary carry trade funding currency JPY is firmer vs  More...    More...


Chart of the Day - 12/17/2008 - EUR/USD
FX Solutions Wednesday December 17, 2008 - 15:24:48 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend line in green; downtrend line in red; chart pattern in magenta; 50-period simple moving average in light blue  More...    More...


Blam! Liquidity Trap? Is it over for the buck?
Black Swan Capital Wednesday December 17, 2008 - 14:20:05 GMT

Key News
• U.K. unemployment rose at the fastest pace since 1991 in November.  (Bloomberg)
• “If you take a full assessment of the credit markets, conditions have certainly eased from their worst, but they still are at extraordinary tight levels, which are far from normal,” said Michael Darda, the chief economist at MKM Partners LP in Greenwich, Connecticut  More...    More...


FX Blog- GVI Forex Analysis: Weekly Interest Rate Forecasts for December 17, 2008
Global-View Wednesday December 17, 2008 - 14:08:07 GMT

Central Bank Policy Outlook -- Key Interest Rates
Global Interest Rates

December 17, 2008

Monetary Policy Forecasts for Major Economies

The Global-View  More...    More...


FOREX NEWS-Dollar pressured broadly after bold Fed move
Reuters Wednesday December 17, 2008 - 13:52:47 GMT

Wed Dec 17, 2008 7:51am EST

* Dlr hits 2-1/2 mth low vs euro, near 13-year lows vs yen

* Fed's historic rate cut seen keeping dollar weak

* BoJ seen cutting rates later in the week

(Adds quotes, updates prices)

By Veronica Brown

LONDON, Dec 17 (Reuters) - The dollar fell broadly on Wednesday, hitting a 2 1/2-month low against the euro and closing in on a 13-year trough versus the yen after the Federal Reserve slashed interest rates to between zero and 0  More...    More...


FX Thoughts for the day - Evening - 17 -Dec-2008 - 1212 GMT
FX Thoughts for the Day Wednesday December 17, 2008 - 12:15:24 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: Saudi Oil Min says OPEC 2M BPS output cut to take effect on Jan 1st; BOE voted 9 to 0 to cut rates earlier this month and discussed a larger possible cut
Trade the News Staff Wednesday December 17, 2008 - 11:05:44 GMT

Today 06:00am

European Market Update: Saudi Oil Min says OPEC 2M BPS output cut to take effect on Jan 1st; BOE voted 9 to 0 to cut rates earlier this month and discussed a larger possible cut

*** ECONOMIC DATA ***

- (GE) German Nov Final CPI M/M: -0  More...    More...


FX Blog- GVI Forex Anaysis: Pre-New York Open for December 17, 2008
Global-View Wednesday December 17, 2008 - 10:49:15 GMT

Pre-New York Open
  • The forex markets have taken the historic Fed easing decision yesterday as a USD negative. However, fixed income and equity markets took it as a constructive decision. These two views will have to be reconciled in time.
  • End of year trade continues to see the USD vulnerable against the European currencies  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe Mid-Session December 17, 2008
Global-View Wednesday December 17, 2008 - 10:46:16 GMT

10:39

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Foirex Research - Pound Stalls As Unemployment Hits Highest Level This Decade
Global Forex Trading Wednesday December 17, 2008 - 10:34:54 GMT

Pound Stalls As Unemployment Hits Highest Level This Decade Last Updated 12/17/2008 5:27:55 AM EST (GMT +5)

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Forex Research - US Dollar: Hits 2 Month Low After FED Cuts Rates to 0.25%
Global Forex Trading Tuesday December 16, 2008 - 22:48:33 GMT

US Dollar: Hits 2 Month Low After FED Cuts Rates to 0.25% Last Updated 12/16/2008 5:36:24 PM EST (GMT +5)

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Forex Market News - CANADA FX DEBT-C$ closes at 5-week high after Fed rate cut
Reuters Tuesday December 16, 2008 - 22:00:03 GMT

Tue Dec 16, 2008 4:34pm EST * Canadian dollar rallies to highest level since Nov. 12 * Bulk of gains recorded after Fed slashes target rate * Bond prices all end higher alongside U.S. market By Frank Pingue TORONTO, Dec 16 (Reuters) - The Canadian dollar closed at
its highest level in 5 weeks against the U  More...    More...



FOREX NEWS-US dollar tumbles after Fed cuts rates to record low
Reuters Tuesday December 16, 2008 - 21:28:11 GMT

Tue Dec 16, 2008 4:20pm EST

* US dollar tumbles versus euro, yen after Fed rate cut

* Fed cuts rates more than expected to record low

* Fed says may keep rates at "exceptionally low levels"

* Yen nears 13-year high; boosting intervention talks

(Adds comments, details, updates prices)

By Vivianne Rodrigues

NEW YORK, Dec 16 (Reuters) - The U  More...    More...


FX Blog- GVI Forex Analysis: Market Snapshot for December 17, 2008
Global-View Tuesday December 16, 2008 - 21:27:56 GMT

USD

 

 

2  More...    More...


FOMC Embraces Quantitative Policy Approach: Lessons from Japan and Implications for Dollar
Larry Greenberg Tuesday December 16, 2008 - 21:26:20 GMT

By unanimous vote the Fed reduced the Fed Funds target to a range of zero to 0.25% from a point target of 1.0%. Much more importantly, officials “will employ all available tools to promote the resumption of sustainable economic growth and to preserve price stability  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Tuesday December 16, 2008 - 21:26:17 GMT

Morning Report Wednesday 17 December 2008

 

News and views

The headline grabber today is the US Fed’s fresh announcement: a 75bp rate cut, and the new Fed funds rate anywhere between zero and 0  More...    More...


FX Blog- GVI Forex Analysis: Far East Open for December 16, 2008
Global-View Tuesday December 16, 2008 - 20:21:36 GMT

Pre-Far East Open
  • The Fed made a historic policy decision on Tuesday setting as target range for Fed Funds of 0-0.25%, from a previous single point target of 1.00%. The central bank threw in the “kitchen sink” and took just about every action at their disposal to support the economy and promised “to use all available tools to promote the resumption of sustainable economic growth”  More...    More...


I Love the Smell of Rate Cuts in the Morning
Black Swan Capital Tuesday December 16, 2008 - 18:00:34 GMT

Key News
• Trichet Sees Limit to Interest-Rate Cuts, Signals ECB May Pause in January (Bloomberg)
• Chinese Central Banker Plans More Rate Cuts as Investment, Economy Weaken China’s central bank Governor Zhou Xiaochuan said interest rates may fall again this month after exports declined, inflation slowed and a report today showed property investment cooled  More...    More...


Chart of the Day - 12/16/2008 - USD/CAD
FX Solutions Tuesday December 16, 2008 - 17:33:30 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; horizontal support/resistance lines in yellow; 50-period simple moving average in light blue.)

12/16/2008 – USD/CAD – After having hit a tentative triple top formation with a confirming shooting star pattern on the third test of the 1  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil December 16, 2008
Global-View Tuesday December 16, 2008 - 16:56:18 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading broadly higher vs. the USD. They have advanced again in line with the broad weakness of USD.
  • The primary carry trade funding currency JPY is firmer vs. the USD. The JPY is back trading inversely with the behavior of equities  More...    More...


Forex Blog - US Market Update
Trade the News Staff Tuesday December 16, 2008 - 16:56:05 GMT

Today 11:32am

US Market Update

Dow +120 S&P +16 NASDAQ +34.5

- US equity markets have managed to post some gains ahead of this afternoon's FOMC meeting, but volume remains lackluster  More...    More...


Forex Market Commentary and Analysis (16 December 2008)
GCI Financial Tuesday December 16, 2008 - 15:39:53 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3770 level and was supported around the $1.3630 level  More...    More...


New Fed Strategy Should Weaken the U.S. Dollar
Forex Hound Tuesday December 16, 2008 - 15:01:42 GMT

The U.S. Dollar is trading weaker ahead of the FOMC meeting today.  Traders know the Fed has to figure out a way to get more cash into circulation.  One tool that is being considered is using its own balance sheet as a weapon  More...    More...


FX Thoughts for the day - Evening - 16 -Dec-2008 - 1202 GMT
FX Thoughts for the Day Tuesday December 16, 2008 - 12:06:02 GMT


EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


FOREX NEWS-Euro dips vs dlr but limited before Fed
Reuters Tuesday December 16, 2008 - 12:02:13 GMT

Tue Dec 16, 2008 6:55am EST

* Euro slips but losses limited before Fed rate decision

* Fed seen cutting rates near zero, focus on more steps

* Euro dn 0.4 pct vs dlr after 2-mth high of $1.3739 <EUR=>

* Euro zone PMIs fall to new records; UK CPI slows less

By Tamawa Desai

(Recasts, adds quotes, updates prices)

LONDON, Dec 16 (Reuters) - The euro eased from a two-month high against the dollar on Tuesday but losses were limited on expectations the U  More...    More...


Forex Blog - European Market Update: Divergence emerges inside ECB on policy; BOE sees sharp drop in coming inflation; FOMC awaited; OPEC members seeks up to 2M barrels in production cuts
Trade the News Staff Tuesday December 16, 2008 - 11:18:39 GMT

Today 06:09am

European Market Update: Divergence emerges inside ECB on policy; BOE sees sharp drop in coming inflation; FOMC awaited; OPEC members seeks up to 2M barrels in production cuts

*** ECONOMIC DATA ***

- (UK) BOE Letter on Inflation: “Quite Possible” inflation could fall below 1% level in 2009

- (RU) Russia Nov Industrial Production Real M/M: -10  More...    More...


Forex Research - Euro, Pound Run Into a Wall of Profit Taking Ahead of FOMC
Global Forex Trading Tuesday December 16, 2008 - 10:48:21 GMT

Euro, Pound Run Into a Wall of Profit Taking Ahead of FOMC Last Updated 12/16/2008 5:41:24 AM EST (GMT +5)

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FX Blog- GVI Forex Analysis: Pre-Far New York Open for December 16, 2008
Global-View Tuesday December 16, 2008 - 10:43:47 GMT

Pre-New York Open
  • The U.S. will see a slew of data on the open of trade today (13:30 GMT). CPI data will be watched as concern about DE-flation is a growing concern. Economists say that there are known monetary policy cures for inflation but that deflation can be difficult to combat  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe Mid-Session December 16, 2008
Global-View Tuesday December 16, 2008 - 10:21:33 GMT

10:18

 USD

pips

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Forex Research - FOMC Rate Decision Could Add Pressure on Dollar
Global Forex Trading Monday December 15, 2008 - 23:03:20 GMT

FOMC Rate Decision Could Add Pressure on Dollar Last Updated 12/15/2008 5:24:18 PM EST (GMT +5)

TODAY'S BIGGEST PERCENTAGE MOVERS
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  • EUR/USD More...    More...


Forex News - CANADA FX DEBT-C$ rises as greenback stumbles ahead of Fed
Reuters Monday December 15, 2008 - 22:40:22 GMT

  Mon Dec 15, 2008 4:29pm EST * Weaker greenback opens door to Canadian dollar's gain * Talk of Fed rate cut on Tuesday key drag on U.S. dollar * Bonds hold steady ahead of Fed interest rate decision By Frank Pingue TORONTO, Dec 15 (Reuters) - The Canadian dollar finished 1  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 15, 2008
Global-View Monday December 15, 2008 - 21:23:15 GMT

21:19

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FX Blog- GVI Forex Analysis: Far East Open for December 15, 2008
Global-View Monday December 15, 2008 - 20:31:04 GMT

Pre-Far East Open
  • End of year trade continues to see the USD tumble against European currencies. USD weakness is often expected as a seasonal pattern by traders. Gold and oil are mixed. Dealers are looking ahead to a Fed policy easing Tuesday  More...    More...


Deflation Economics and the Dollar
FX Solutions Monday December 15, 2008 - 19:14:57 GMT




Deflation is one of those semi-mysterious economic events that is often
talked about but rarely seen. In simple terms it is a general and
persistent decline in prices. For the consumer that might seem a boon.
As prices decline a dollar buys more goods  More...    More...



Forex Market Commentary and Analysis (15 December 2008)
GCI Financial Monday December 15, 2008 - 19:00:47 GMT

The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3700 figure and was supported around the $1  More...    More...


Forex Blog - US Market Update Dow -89 S&P -13 NASDAQ -34
Trade the News Staff Monday December 15, 2008 - 16:59:08 GMT

Today 11:37am US Market Update Dow -89 S&P -13 NASDAQ -34

- Rising crude prices and dollar weakness is putting pressure on equity trading this morning, with all three major US indices making fresh lows. OPEC meets in Algeria on Wednesday, and the organization's big players have been on the wires all weekend talking up crude  More...    More...



FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil December 15, 2008
Global-View Monday December 15, 2008 - 16:06:38 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading broadly higher vs. the USD. They have advanced in line with the seasonal wekness of USD.
  • The primary carry trade funding currency JPY is firmer vs. the USD. A week or so ago, the JPY would trade inversely with the behavior of equities  More...    More...


Chart of the Day - 12/15/2008 - EUR/USD
FX Solutions Monday December 15, 2008 - 15:49:47 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend lines in red; horizontal support/resistance lines in yellow; chart pattern in magenta; 50-period simple moving average in light blue  More...    More...


Euro as new safe haven currency?
Black Swan Capital Monday December 15, 2008 - 14:14:13 GMT

Key News
• European policymakers must not tear up the rule book when launching emergency economic rescue packages, ECB President Jean-Claude Trichet said. (Reuters)

EURUSD Daily: Euro continues to be the big winner against the dollar lately  More...    More...


Forex Research - Euro Gets the Leg up on The Week
Global Forex Trading Monday December 15, 2008 - 13:57:37 GMT

Euro Gets the Leg up on The Week Last Updated 12/15/2008 4:49:08 AM EST (GMT +5)

Top Stories
  • Auto bailout unlikely until Thursday -Reuters
  • Nikkei Kospi rally 5% on optimism over bailout, better risk appetite
  • Tankan hits 30 year lows but prints within expectations
  • European banks have about $4 billion of exposure to Madoff affair
  • Calendar quiet today - all eyes on FOMC Tuesday
  • Oil quiet at $46/bbl last
  • Gold remains bid above $800/oz at $828/oz last
Overnight Eco

Chart Supports Bullishness in the Euro
Forex Hound Monday December 15, 2008 - 13:38:12 GMT

The strong support base in the Euro is helping to support the current rally.  It is often said that “the height of the market is determined the length of the base.” Taking this into mind then the base formed by the three bottoms at 1  More...    More...


FX Thoughts for the day - Evening - 15 -Dec-2008 - 1202 GMT
FX Thoughts for the Day Monday December 15, 2008 - 12:07:36 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Economics Weekly 15 December 2008; Weekly economic data preview W/c 15 December 2008
Lloyds TSB Financial Markets Monday December 15, 2008 - 11:22:33 GMT

Economics Weekly 15 December 2008

 

With the release of the latest UK monetary statistics this week, the spotlight should shine on what has been happening to money supply since the credit crisis broke in the summer of 2007  More...    More...


Forex Blog - European Market Update: Opec General Secy vowed 'significant cuts' at this weeks meeting
Trade the News Staff Monday December 15, 2008 - 11:07:37 GMT

Today 05:41am

European Market Update: Opec General Secy vowed 'significant cuts' at this weeks meeting

*** ECONOMIC DATA ***

- (SZ) Swiss Producer & Import Prices M/M: -1  More...    More...


FX Blog- GVI Forex Analysis: Pre-Far New York Open for December 15, 2008
Global-View Monday December 15, 2008 - 10:52:06 GMT

Pre-New York Open
  • Trade is still active as the markets head into the end of year period. The fundamental focus remains on the auto bailout plan. The world did not end after an accord was not reached over the weekend, but the fuse on some of the firms is very short  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe Mid-Session December 15, 2008
Global-View Monday December 15, 2008 - 10:50:00 GMT

10:23

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FOREX NEWA-Dollar on defensive on uncertainty over U.S. carmakers
Reuters Monday December 15, 2008 - 10:45:56 GMT

* Dollar slides across board, hits 2-mth low vs euro

* Dollar hits 2-mth low vs basket of currencies .DXY

* Rise in share prices boosts higher-yielding currencies

* Focus on fate of U.S. automakers, Fed rate decision

(Releads, adds quotes, prices, changes dateline prvs TOKYO)

By Tamawa Desai

LONDON, Dec 15 (Reuters) - The dollar hit a two-month low against the euro and a basket of currencies on Monday, as investors shunned the U  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Sunday December 14, 2008 - 22:16:36 GMT

Morning Report  Monday 15 December 200

 

News and views

Fears that the US Senate’s rejection, on Friday, of a bailout of the US auto industry, would initiate a new phase of global credit contraction was responsible for a sell-down of risk-currencies on Friday around the NZ close  More...    More...


Forex Blog - Some Things That Just Should Not Be
Thoughts from the Frontline Saturday December 13, 2008 - 12:02:33 GMT

Some Things That Just Should Not Be
December 12, 2008
By John Mauldin

Things That Should Not BeI'll Pay You to Hold My CashPushing on a StringFree Money with that Credit Default Swap?Oil Does a Strange Contango DanceThe Tragedy of Bernie MadoffGoodbye to the Ballpark

There are things in today's markets that are simply astounding  More...    More...


Forex Research - US Dollar: Further Weakness Ahead
Global Forex Trading Friday December 12, 2008 - 22:59:40 GMT

US Dollar: Further Weakness Ahead? Last Updated 12/12/2008 5:41:15 PM EST (GMT +5)

TODAY'S BIGGEST PERCENTAGE MOVERS
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  • AUD/JPY More...    More...


Forex Market News - CANADA FX DEBT-C$ sinks with oil, bonds turn lower
Reuters Friday December 12, 2008 - 22:28:46 GMT

Fri Dec 12, 2008 5:02pm EST

* Canadian dollar falls, underperforms on the crosses

* Auto industry in Canada and United States in focus

* Bonds flat to lower as stocks turn higher

TORONTO, Dec 12 (Reuters) - The Canadian dollar fell against the U  More...    More...


FOREX NEWS-Dollar hits 13-yr low vs yen, recovers on car hope
Reuters Friday December 12, 2008 - 22:00:32 GMT

RPT-FOREX-Dollar hits 13-yr low vs yen, recovers on car hope

* Dollar hits 13-year low vs yen; intervention fears rise

* Hopes of White House help for automakers eases concern

* Dollar index has worst week since 1995 (Refiles to recast first paragraph)

By Steven C  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 12, 2008
Global-View Friday December 12, 2008 - 21:24:58 GMT

21:19

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Forex Blog - US Market Update
Global-View.com Friday December 12, 2008 - 17:54:59 GMT


Today 11:25am

US Market Update

Dow -82 S&P -7 NASDAQ +5

- US equity indices fell somewhat before the open after political negotiations over the Detroit bailout broke down last night, although commentators noted markets were responding more calmly than expected  More...    More...


Dollar Seasonality in Late December
Larry Greenberg Friday December 12, 2008 - 17:33:56 GMT

If seasonality lies behind the lower dollar, the softness is apt to persist a while longer. There was a time early in the dollar-floating era when the second half of December exhibited the most powerful and consistent seasonal bias. The greenback declined against the mark during those roughly two weeks in 13 of the 14 years to 1987, with an average depreciation of 1  More...    More...


Chart of the Day - 12/12/2008 - GBP/JPY
FX Solutions Friday December 12, 2008 - 17:10:05 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend lines in red; 50-period simple moving average in light blue.)

12/12/2008 – GBP/JPY – Relatively low recent volatility on GBP/JPY (a daily chart of which is shown) has been simultaneously consolidating and inching lower in its bid to drop below recent decade-long lows  More...    More...



Forex Market Commentary and Analysis (12 December 2008)
GCI Financial Friday December 12, 2008 - 16:41:56 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3415 level and was supported around the $1.3250 level  More...    More...


Forex Blog - FX Briefing - The big rift
BHF-Bank Friday December 12, 2008 - 14:34:03 GMT

FX Briefing 12 December 2008

Highlights

  • Dollar loses ground, euro rises well over 1.30
  • Obama package buoys equity markets
  • ECB representatives: small steps rather than leaps and bounds

 

The big rift

During the course of the week, the US dollar has depreciated significantly against (practically) all major currencies  More...    More...


Markets Reflect Deflationary Concerns
Forex Hound Friday December 12, 2008 - 14:22:07 GMT

The weakness in the U.S. Dollar on Thursday, sent a signal to the equity and commodity markets that it should not be considered a given that the U.S. Dollar is a safe haven investment.

 

Stronger commodity markets and weaker equity markets indicated that investors want to hold on to something tangible at this time even if it does not pay them to do so  More...    More...


FOREX NEWS-U.S. bailout failure pushes dlr/yen to 13-yr low
Reuters Friday December 12, 2008 - 13:06:12 GMT

Fri Dec 12, 2008 7:41am EST

* Dlr hits 13-yr low 88.1 yen, U.S. Senate rejects bailout

* Yen gains broadly on risk aversion, stocks tumble

* Deleveraging, risk aversion supports dlr vs other FX

(Changes byline, adds comment, updates throughout)

By Naomi Tajitsu

LONDON, Dec 12 (Reuters) - The dollar dived to a 13-year low against the yen on Friday after the U  More...    More...


FX Thoughts for the day - Evening - 12 -Dec-2008 - 1156 GMT
FX Thoughts for the Day Friday December 12, 2008 - 11:58:32 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: US Auto bailout dead or is backroom bargaining still going on? Risk Aversion theme back in play
Trade the News Staff Friday December 12, 2008 - 11:22:07 GMT

Today 05:55am

European Market Update: US Auto bailout dead or is backroom bargaining still going on? Risk Aversion theme back in play

*** ECONOMIC DATA ***

- (IN) India Oct Industrial production Y/Y: -0  More...    More...


Forex Research - Dollar Yen Drops Through 90 As US Senate Rejects Auto Rescue
Global Forex Trading Friday December 12, 2008 - 11:14:08 GMT

Dollar Yen Drops Through 90 As US Senate Rejects Auto Rescue Last Updated 12/12/2008 5:29:07 AM EST (GMT +5)

More...    More...


FX Blog- GVI Forex Analysis Thread: December 12, 2008 Pre-New York Open
Global-View Friday December 12, 2008 - 10:18:24 GMT

Pre-New York Open
  • The U.S. auto bailout plan fell apart late Thursday when Senate Republicans refused to support the bill. Their primary objection to the bill was that they felt that the plan would not have restructured the industry to the point where it would have been viable  More...    More...


Forex Research - US Dollar Takes a Hit on Weaker Economic Data
Global Forex Trading Thursday December 11, 2008 - 22:49:54 GMT

US Dollar Takes a Hit on Weaker Economic Data Last Updated 12/11/2008 5:17:00 PM EST (GMT +5)

TODAY'S BIGGEST PERCENTAGE MOVERS
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  • EUR/USD More...    More...


CANADA FX DEBT-Canada dollar jumps, bonds track Treasuries
Reuters Thursday December 11, 2008 - 22:46:47 GMT

 

* C$ closes above 80 cents for first time since Dec 1

* Bonds gain on weak data, equity market slump

* Canada trade surplus narrows for second straight month

By Ka Yan Ng

TORONTO, Dec 11 (Reuters) - The Canadian dollar jumped a hefty 2 U  More...    More...


Forex News: "FXDD Today" gives a recap of today and preview of tomorrow (Dec 12th)
FXDD Thursday December 11, 2008 - 22:12:08 GMT

FXDD Today is now available for download.  The concise one day report, gives a snap shot of the market near the close of trading.  It also gives a picture of the trend of the major economic releases due out over the next 24 hours.  To access the report click on the following link

CLICK HERE FOR FXDD TODAY

Thank you for choosing FXDD  More...    More...


FOREX NEWS-Dollar slides to seven-week lows vs euro, yen
Reuters Thursday December 11, 2008 - 21:40:38 GMT

  Thu Dec 11, 2008 4:22pm EST

* Dollar hits 7-week lows vs yen, euro

* U.S. economic data weighs on dollar

* Risk aversion fades for now, investors seek yield

* SNB cuts interest rates to 0.5 percent (Recasts, updates prices, adds comment, changes byline)

By Steven C  More...    More...


FX Blog- GVI Forex Analysis Thread: December 12, 2008 Pre-Far East Open
Global-View Thursday December 11, 2008 - 20:39:00 GMT

Pre-Far East Open
  • The U.S. auto bailout plan was passed by the House late Wednesday. At this point Senate passage of the bill as currently written is doubtful. Odds favor some sort of compromise solution, but that is not a sure bet. A vote by Friday is hoped for  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Thursday December 11, 2008 - 19:46:06 GMT

Morning Report Friday 12 December 2008

 

News and views

The USD fell by around 2% against major currencies last night, after some awful  data: US jobless claims rose alarmingly, and the US trade deficit widened further  More...    More...


Forex Market Commentary and Analysis (11 December 2008)
GCI Financial Thursday December 11, 2008 - 18:26:51 GMT

The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3255 level and was supported around the $1  More...    More...


Chart of the Day - 12/11/2008 - EUR/USD
FX Solutions Thursday December 11, 2008 - 17:11:21 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend line in red; horizontal support/resistance levels in yellow; chart pattern in magenta; Fibonacci retracement levels in grey; 50-period simple moving average in light blue  More...    More...


Turning to the Technicals for Guidance
Black Swan Capital Thursday December 11, 2008 - 16:44:10 GMT

Key News
• The number of Americans filing first- time claims for unemployment benefits surged more than forecast last week to a 26-year high. (Bloomberg)

Quotable
“I’m not confused, I’m just well mixed.”

          Robert Frost

FX Trading – Turning to the Technicals for Guidance

We’ve told our story as to why the US dollar has possibly entered a multi-year bull market  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Oil and Gold for December 11, 2008
Global-View Thursday December 11, 2008 - 16:41:54 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading broadly higher vs. the USD. They have advanced in line with the weaker USD. The USD is being weighed down by poor economic data early in NYC.
  • Australian November employment data feel by -15,600 to 4  More...    More...


Forex Blog - US Market Update
Trade the News Staff Thursday December 11, 2008 - 16:33:31 GMT

Today 11:24am

US Market Update

Dow -17 S&P -1.4 NASDAQ -7

- Equity markets opened lower and are attempting to stabilize in the wake of more discouraging jobs data  More...    More...


Daily Trend Turns Up in Euro
Forex Hound Thursday December 11, 2008 - 14:48:20 GMT

The Euro surged overnight following the release of a statement by the European Central Bank calling for a slowdown in future interest rate cuts. ECB members are split as to whether or not it should maintain its aggressive rate cutting  More...    More...


FX Thoughts for the day - Evening - 11 -Dec-2008 - 1232 GMT
FX Thoughts for the Day Thursday December 11, 2008 - 12:42:01 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: Saudi Arabia Oil Min notes that its Nov near OPEC quota
Trade the News Staff Thursday December 11, 2008 - 11:15:53 GMT

European Market Update: Saudi Arabia Oil Min notes that its Nov near OPEC quota

*** ECONOMIC DATA ***

- (SZ) Swiss National Bank (SNB) cut interest rates by 50bps to 0.50%, as expected

- (TT) Taiwan Central Bank cut by 75bps to 2  More...    More...


Forex Research - Euro Races Through 1.3100 – Why?
Global Forex Trading Thursday December 11, 2008 - 11:05:14 GMT

Euro Races Through 1.3100 – Why? Last Updated 12/11/2008 6:18:27 AM EST (GMT +5)

Top Stories

  • Euro blows through the stops tothe upside takes out 1  More...    More...


FX Blog- GVI Forex Analysis Thread: December 11, 2008 Pre-New York Open
Global-View Thursday December 11, 2008 - 10:33:52 GMT

Pre-New York Open

  • As expected, the U.S. House of Representatives approved the auto bailout plan late Wednesday. It’s a much closer call in the Senate and still could go either way. A vote by Friday is hoped for. Passage of the plan would be supportive of equities, and failure could hurt  More...    More...


FOREX NEWS-Euro hits 6-week high vs dollar; SNB cuts rates
Reuters Thursday December 11, 2008 - 10:33:08 GMT

* Euro hits 6-wk high at $1.3158 <EUR=>, dollar index falls

* SNB cuts rates by 50 bps, as expected

* U.S. auto deal makes progress, rocky road seen in Senate

(Changes dateline, byline, adds quotes, new prices; pvs TOKYO)

By Veronica Brown

LONDON, Dec 11 (Reuters) - The euro hit a six-week high against a broadly weaker dollar on Thursday with doubts beginning to creep in as to whether projected pent-up demand for the U  More...    More...


Forex Research - Has FX Volatility Peaked?
Global Forex Trading Wednesday December 10, 2008 - 22:58:33 GMT

Has FX Volatility Peaked? Last Updated 12/10/2008 6:14:15 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

EUR/JPY (More...    More...


Forex Market News - CANADA FX DEBT-Canadian dollar inches up, bonds mixed
Reuters Wednesday December 10, 2008 - 22:37:23 GMT

Wed Dec 10, 2008 5:14pm EST

* Canadian dollar higher on auto aid hopes, oil

* Bonds mixed, longer term trend for yields to fall remain

TORONTO, Dec 10 (Reuters) - The Canadian dollar edged higher against a generally weakening U  More...    More...


FOREX NEWS-Dollar dips as auto bailout hopes boost risk tolerance
Reuters Wednesday December 10, 2008 - 21:20:56 GMT

Wed Dec 10, 2008 4:13pm EST

* Dollar dips vs euro, yen slides on US auto bailout hopes

* BoJ's Shirakawa comments on FX market weigh on yen

* Pimco's El-Erian says USD gains to fade sometime in 2009

* For up-to-the-minute market news, click on FXNEWS (Updates prices, adds quotes, changes byline)

By Steven C  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 10, 2008
Global-View Wednesday December 10, 2008 - 21:07:52 GMT

21:03

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FX Blog- GVI Forex Analysis Thread: December 11, 2008 Pre-Far East Open
Global-View Wednesday December 10, 2008 - 20:42:26 GMT

Pre-Far East Open
  • Asian equity markets took comfort from expectations that a bailout of the U.S. automobile sector might be at hand. This optimism did not carry forward much into Europe or the U.S. The early call now is for only a nmodestly higher U  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Wednesday December 10, 2008 - 20:16:36 GMT

Morning Report Thursday 11 December 2008

 

News and views

Pessimism waned yesterday around the globe  More...    More...


Forex Blog - Dollar Breaks with Risk Aversion Theme?
Foreign Exchange Analytics Wednesday December 10, 2008 - 18:28:21 GMT

Dollar Breaks with Risk Aversion Theme?

 

Speculation abounds in the last week that correlations in markets between currencies and asset prices are weakening.  In particular the argument is made that the USD is ignoring risk aversion as the central motivating theme for FX…risk aversion up, stocks down, risk assets down, risk currencies down and dollar and yen up  More...    More...


Chart of the Day - 12/10/2008 - EUR/CHF
FX Solutions Wednesday December 10, 2008 - 17:22:18 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend line in red; horizontal support/resistance levels in yellow; Fibonacci retracement levels in grey; 50-period simple moving average in light blue  More...    More...


Forex News: US Mortgage data and the US Yield curve tell the problem with housing
FXDD Wednesday December 10, 2008 - 16:52:22 GMT

More...    More...


Forex Blog - US Market Update
Trade the News Staff Wednesday December 10, 2008 - 16:40:36 GMT

US Market Update

Dow +105 S&P +11 NASDAQ +23

- Trading in US equity indices is volatile this morning but all three of the leading indices remain well into positive territory. Front-month crude had been up more than $2 after Russia promised to follow any OPEC production cuts with cuts of their own, but energy prices have since made a move to the downside after weekly petroleum inventory data  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil December 10, 2008
Global-View Wednesday December 10, 2008 - 16:03:52 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading higher. The AUD, CAD, NZD are better in line with the weaker USD. The USD is being weighed down across the board by higher equities.
  • The primary carry trade funding currency JPY is weaker vs  More...    More...


Forex Market Commentary and Analysis (10 December 2008)
GCI Financial Wednesday December 10, 2008 - 14:55:44 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3000 figure and was supported around the $1.2905 level  More...    More...


FX Thoughts for the day - Evening - 10 -Dec-2008 - 1235 GMT
FX Thoughts for the Day Wednesday December 10, 2008 - 12:42:12 GMT

USD-CHF @ 1.2060/65...Supported at 1.20
--------------------------------------
R: 1.2115 / 1.2204 / 1.2257
S: 1.2034-28 / 1.1947-20 / 1.1894-68
Though Swiss dipped towards 1.1997 during the day today, it had then moved up a little. It took Support of the lower end of the channel and has managed to stay in the narrower channel  More...    More...


FX Thoughts for the day - Evening - 10 -Dec-2008 - 1235 GMT
FX Thoughts for the Day Wednesday December 10, 2008 - 12:39:09 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


FOREX NEWS-Yen falls, US auto bailout hopes lift sentiment
Reuters Wednesday December 10, 2008 - 12:38:46 GMT

Wed Dec 10, 2008 7:26am EST

* Yen slides, dlr dips vs euro on US auto bailout hopes

* US could vote on rescue plan as early as Wednesday

* BoJ's Shirakawa comments on FX mkt weigh on yen

* Yen losses seen limited, risk aversion stays high

(Changes byline, adds quotes, updates prices)

By Jessica Mortimer

LONDON, Dec 10 (Reuters) - The yen fell broadly, while the dollar dipped to a two-week low against the euro on Wednesday as a tentative agreement by U  More...    More...


Forex Blog - European Market Update: Drop in Chinese exports highlight global recession concerns
Trade the News Staff Wednesday December 10, 2008 - 11:08:55 GMT

Today 05:54am

European Market Update: Drop in Chinese exports highlight global recession concerns

*** ECONOMIC DATA ***

- (CH) China Nov Trade balance: $40  More...    More...


Forex Research - Euro, Pound Mildly Higher on Enthusiasm of US Auto Bailout
Global Forex Trading Wednesday December 10, 2008 - 11:05:46 GMT

Euro, Pound Mildly Higher on Enthusiasm of US Auto Bailout Last Updated 12/10/2008 6:10:42 AM EST (GMT +5)

More...    More...


FX Blog- GVI Forex Analysis Thread: December 10, 2008 Pre-New York Open
Global-View Wednesday December 10, 2008 - 10:45:58 GMT

Pre-New York Open
  • Asian equity makets have taken comfort from expectations that a bailout of the U.S. automobile sector might be at hand. This optimism has not carried over into Europe at this hour, but the early call is for a higher U.S. open  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe Mid-Session December 10, 2008
Global-View Wednesday December 10, 2008 - 10:44:05 GMT

10:37

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pips

10yr

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2yr

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Stox

 

pts

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n/a

n/a

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FX Blog- GVI Forex Month Ahead Interest Rate Forcasts December 10, 2008
Global-View Tuesday December 9, 2008 - 23:12:59 GMT

Central Bank Policy Outlook -- Key Interest Rates
Global Interest Rates

December 9, 2008

Monetary Policy Forecasts for Major Economies

The Global-View  More...    More...


Forex Market News - CANADA FX DEBT-C$ falls, bonds rise as more rate cuts seen
Reuters Tuesday December 9, 2008 - 22:30:07 GMT

Tue Dec 9, 2008 5:05pm EST

* Bank of Canada cuts key rate to 50-yr low of 1.5 pct

* Canadian dollar finishes volatile session lower

* Bonds rise, short end gains as BoC declares recession

By Ka Yan Ng

TORONTO, Dec 9 (Reuters) - The Canadian dollar fell more than half a U  More...    More...


FX Blog- GVI Forex Analysis Chart Points for December 9, 2008
Global-View Tuesday December 9, 2008 - 21:39:43 GMT

Click for Complete Chart Points

9-Dec-08

EUR/USD

USD/JPY

USD/CHF

GBP/USD

USD/CAD

Close

1  More...    More...


Forex Blog - Fed Should Go to ZIRP (zero interest rate policy or quantitative easing) Next Wednesday
Foreign Exchange Analytics Tuesday December 9, 2008 - 21:23:17 GMT

Fed Should Go to ZIRP (zero interest rate policy or quantitative easing) Next Wednesday

 

How about this for a novel idea…use taxpayer money to invest in bank stocks to boost Tier 1 capital and voila watch banks get back to the business of banking – lending  More...    More...


FOREX NEWS-Dollar, yen gain as investors run away from risk
Reuters Tuesday December 9, 2008 - 21:18:55 GMT

Tue Dec 9, 2008 4:14pm EST

* Dollar, yen up as stocks wobble, investors seek safety

* German ZEW sentiment beats forecast but conditions weak

* T-bill rates at zero as deflation fears weigh

* Risk demand still low, Japan growth contracts

* For up-to-the-minute market news, click on FXNEWS (Recasts; updates prices, adds quotes, changes byline)

By Steven C  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 9, 2008
Global-View Tuesday December 9, 2008 - 21:09:47 GMT

21:06

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pips

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FX Research - Morning Report
Westpac Institutional Bank Tuesday December 9, 2008 - 20:51:19 GMT

Morning Report Wednesday 10 December 2008

 

News and views

Last night’s session was a game of two halves for currencies – a weak start, driven by falls in Asian equities and poor UK data, followed by a recovery on the back of positive European equities and a large buy-EUR order  More...    More...


Forex Market Commentary and Analysis (9 December 2008)
GCI Financial Tuesday December 9, 2008 - 20:31:11 GMT

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2800 figure and was capped around the $1.3000 figure  More...    More...


FX Blog- GVI Forex Analysis: Far East Open for December 10, 2008
Global-View Tuesday December 9, 2008 - 19:56:07 GMT

Pre-Far East Open
  • The Bank of Canada -75bp rate cut to 1.50% early Tuesday caused a bit of a stir Tuesday. Reviews of the bank’s policy statement were mixed, with additional rate cuts not explicitly signaled, however its tone was dovish. This week sees little in the way of key U  More...    More...


Chart of the Day - 12/09/2008 - GBP/USD
FX Solutions Tuesday December 9, 2008 - 17:54:07 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; downtrend lines in red; horizontal support/resistance level in yellow; 50-period simple moving average in light blue.)

12/09/2008 – GBP/USD – Languishing near 6-year lows, GBP/USD (a daily chart of which is shown) is currently adhering closely to a significant downtrend resistance line  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Oil and Gold for December 9, 2008
Global-View Tuesday December 9, 2008 - 16:31:47 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading weaker. The AUD, CAD, NZD are lower in line with the weaker USD. The USD is being weighed down across the board by lower equities.
  • The primary carry trade funding currency JPY is firmer vs  More...    More...


Foiled again? Rambling about trading inside the chop zone!
Black Swan Capital Tuesday December 9, 2008 - 16:01:21 GMT

Key News
• U.K. manufacturing contracted almost three times as much as economists forecast in October and housing sales fell to the lowest in three decades, as the country slipped deeper into recession. (Bloomberg)
• The crunch may close a fifth of Guangdong’s factories and leave 6 million migrants without work next year, according to the Institute of Contemporary Observation, a labor rights group in the province  More...    More...


Forex Research - Euro and Pound Drift Lower As Data Remains Dour
Global Forex Trading Tuesday December 9, 2008 - 13:57:50 GMT

Euro and Pound Drift Lower As Data Remains Dour Last Updated 12/9/2008 9:15:32 AM EST (GMT +5)

Top Stories

  • Stopgap auto deal on verge of being done
  • Japan GDP collapses -0  More...    More...


FOREX NEWS-Euro, pound beaten down by grim data; risk demand low
Reuters Tuesday December 9, 2008 - 13:50:17 GMT

Tue Dec 9, 2008 7:44am EST

* Euro flops vs dollar <EUR=>, yen <EURJPY=>

* German ZEW sentiment beats f'cast; current conditions weak

* Risk demand still low, Japan growth contracts

(recasts, adds quotes, updates prices)

By Veronica Brown

LONDON, Dec 9 (Reuters) - The euro lost ground against the dollar and yen on Tuesday, beaten down as investor concern focused on economic sentiment in the single currency bloc's biggest economy  More...    More...


FX Thoughts for the day - Evening - 09-Dec-2008 - 1206 GMT
FX Thoughts for the Day Tuesday December 9, 2008 - 12:08:50 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European market Update: ZEW economists appropriately warned against over interpreting the improvement in sentiment
Trade the News Staff Tuesday December 9, 2008 - 11:00:01 GMT

Today 05:49am

European market Update: ZEW economists appropriately warned against over interpreting the improvement in sentiment

*** ECONOMIC DATA ***

- (CH) China Nov CPI seen rising below 3% v 3  More...    More...


FX Blog- GVI Forex Analysis:Pre-New York Open for December 9, 2008
Global-View Tuesday December 9, 2008 - 10:36:16 GMT

Pre-New York Open
  • This week sees little in the way of key U.S. economic data, so the price action should be dominated by flows.
  • On Monday, forex markets followed the lead of equities, mainly because it is working. By this point we have to assume that the risk profile of the bulk of funds has been mostly trimmed  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe Mid-Session December 9, 2008
Global-View Tuesday December 9, 2008 - 10:32:43 GMT

10:29

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Forex Research - Can the Recovery in Currencies Last?
Global Forex Trading Monday December 8, 2008 - 22:34:27 GMT

Can the Recovery in Currencies Last? Last Updated 12/8/2008 6:23:23 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

AUD/JPY (More...    More...


Forex Market News - CANADA FX DEBT-Optimism, oil price lift C$; bonds rise
Reuters Monday December 8, 2008 - 22:32:12 GMT

  Mon Dec 8, 2008 5:15pm EST

* Canadian dollar supported by oil, risk aversion fades

* Bonds mixed, reflecting stocks rally, rate-cut hopes

* Focus on Tuesday's Bank of Canada rate decision

By Ka Yan Ng

TORONTO, Dec 8 (Reuters) - The Canadian dollar finished more than 1 U  More...    More...


FOREX Nerws-US dollar falls as stimulus plans boost risk-taking
Reuters Monday December 8, 2008 - 21:30:57 GMT

  Mon Dec 8, 2008 4:05pm EST

* US dollar tumbles vs euro as risk appetite recovers

* Obama's planned infrastructure spending cheers markets

* Hope of bailout for U.S. carmakers boosts sentiment

* For up-to-the-minute market news, click on FXNEWS

(Updates prices, adds quotes, changes byline)

By Steven C  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 8, 2008
Global-View Monday December 8, 2008 - 21:25:39 GMT

21:19

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FX Blog- GVI Forex Analysis: Pre-Far East Open for December 9, 2008
Global-View Monday December 8, 2008 - 20:48:28 GMT

Pre-Far East Open
  • As expected, forex markets continue to follow the lead of equities. Asian equity indices surged today and European bourses ended up sharply at this hour. U.S. equities look to be closing higher. Odds a partial bailout deal for the auto industry is probable has been constructive  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Monday December 8, 2008 - 19:47:06 GMT

Morning Report Tuesday 9 December 2008

 

News and views

US equities once again were impressive, the S&P500 posting a 3% gain at time of writing  More...    More...


Forex Blog - US Market Update
Trade the News Staff Monday December 8, 2008 - 16:57:28 GMT

Today 11:39am

US Market Update

Dow +295 S&P +29 NASDAQ +53

- US equity indices are surging after a weekend brimming with government bailout news and generally few negative headlines  More...    More...


Forex Market Commentary and Analysis (8 December 2008)
GCI Financial Monday December 8, 2008 - 16:51:54 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2950 level and was supported around the $1.2715 level  More...    More...


Chart of the Day - 12/08/2008 - AUD/USD
FX Solutions Monday December 8, 2008 - 16:44:47 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend line in red; horizontal support/resistance levels in yellow; chart pattern in magenta; 50-period simple moving average in light blue  More...    More...


Dollar correction time? Finally?
Black Swan Capital Monday December 8, 2008 - 16:36:16 GMT

Key News
• The euro area has so far defied Milton Friedman’s forecast that it would splinter as soon as the “global economy hits a real bump.” (Bloomberg)
• In the worst year ever for oil, investors can lock in the biggest profits in a decade by storing crude  More...    More...


FZ Blog- GVI Forex Analysis: Commodity Currencies, Oil and Gold
Global-View Monday December 8, 2008 - 16:34:38 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading higher. The AUD, CAD, NZD are higher in line with the weaker USD. The USD is being weighed down across the board by higher equities.
  • The primary carry trade funding currency JPY is about steady vs  More...    More...


Detroit's Failure and the Dollar
FX Solutions Monday December 8, 2008 - 16:28:01 GMT


On first analysis it would seem that the survival or not of the American automobile manufacturers will have little direct effect on the dollar.  The United States economy is no longer a manufacturing economy, less than 15 % of GDP is directly tied to producing goods  More...    More...


Forex Research - Dollar Down as Risk Revives – Sayonara USD/JPY?
Global Forex Trading Monday December 8, 2008 - 13:27:30 GMT

Dollar Down as Risk Revives – Sayonara USD/JPY? Last Updated 12/8/2008 9:01:35 AM EST (GMT +5)

Top Stories

  • Global equities stage a massive rally after positive close in US Friday
  • Risk currencies rally in tandem with stocks
  • US lawmakers likely to approve small auto bailout of $15B
  • Obama plans biggest infrastructure investment since 1950’s
  • China warns Sarkozy over Dalai Lama meeting
  • Riots in Greece continue after police kill a teenager
  • Oil rebounds to $43/bbl
  • Gold at $775/oz  More...    More...


FX Thoughts for the day - Evening - 08-Dec-2008 - 1200 GMT
FX Thoughts for the Day Monday December 8, 2008 - 12:02:14 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Economics Weekly - Financial and economic crisis getting worse; Weekly economic data preview - Weak economic data justify more policy action
Lloyds TSB Financial Markets Monday December 8, 2008 - 11:42:24 GMT

 

Economics Weekly 8 December 2008

 

Financial and economic crisis getting worse

 

A few months ago, the financial markets were in turmoil, but since the collapse of Lehman Brothers in mid September the situation has actually turned much worse  More...    More...


Forex Blog - European market Update: European equity markets firmer on increased risk appetite spurred by Obama infrastructure plan, potential US auto bailou
Trade the News Staff Monday December 8, 2008 - 11:16:34 GMT

Today 06:09am

European market Update: European equity markets firmer on increased risk appetite spurred by Obama infrastructure plan, potential US auto bailout

*** ECONOMIC DATA ***

- (FI) Finland Q3 GDP Q/Q: 0  More...    More...


FX Blog- GVI Forex Analysis Pre- N.Y. open Anaysis Thread
Global-View Monday December 8, 2008 - 11:01:01 GMT

Pre-New York Open
  • Simply because it has been working, forex markets are following the lead of equities to start the new week. Asian equity indices surged today and European bourses are up sharply at this hour. The early call for the open of U  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe Mid-Session December 8, 2008
Global-View Monday December 8, 2008 - 10:27:07 GMT

10:23

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FOREX NEWSX-Dlr, yen fall; hope of U.S. auto deal drives stocks
Reuters Monday December 8, 2008 - 09:38:03 GMT

Mon Dec 8, 2008 4:08am EST

* Euro gains 1.2 pct vs dlr <EUR=>, 2 pct vs yen <EURJPY=R>

* Hope of bailout for U.S. carmakers boosts sentiment

* European stocks up 5.8 pct as risk aversion drops

(Recasts, changes byline, dateline, previous TOKYO

By Jessica Mortimer

LONDON, Dec 8 (Reuters) - The dollar and the yen fell sharply against the euro on Monday as talk of an imminent bailout deal for stricken U  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Sunday December 7, 2008 - 20:11:42 GMT

Morning Report Monday 8 December 2008

 

News and views

The US payrolls data for November was as shocking as expected, with the largest monthly loss of jobs since 1974 – 533,000  More...    More...


Forex Blog - The Velocity Factor
Thoughts from the Frontline Saturday December 6, 2008 - 11:49:31 GMT

The Velocity FactorDecember 5, 2008
The Velocity FactorRichard Russell Tribute

"A severe global recession will lead to deflationary pressures. Falling demand will lead to lower inflation as companies cut prices to reduce excess inventory  More...    More...


Forex Research - Why the Limited Reaction to Payrolls?
Global Forex Trading Saturday December 6, 2008 - 02:32:41 GMT

Why the Limited Reaction to Payrolls? Last Updated 12/5/2008 6:14:14 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

GBP/CHF (More...    More...


Forex News - CANADA FX DEBT-C$ snaps 7-day losing streak, bonds slump
Reuters Saturday December 6, 2008 - 02:26:08 GMT

Fri Dec 5, 2008 5:14pm EST

* Canadian dollar rebounds from disappointing jobs data

* 70,600 Canadian jobs lost in November, most in 26 years

* Bonds slump as stocks make late-day jump

* Bank of Canada in focus, seen slashing rates on Tuesday

By Ka Yan Ng

TORONTO, Dec 5 (Reuters) - The Canadian dollar clawed back from a six-week low versus the U  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 5, 2008
Global-View Friday December 5, 2008 - 21:07:52 GMT

21:03

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Chart of the Day - 12/05/2008 - EUR/GBP
FX Solutions Friday December 5, 2008 - 17:17:15 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; horizontal support/resistance levels in yellow; 50-period simple moving average in light blue.)

12/05/2008 – EUR/GBP – Currently near record levels, the key EUR/GBP cross (a daily chart of which is shown) has surpassed the recent decade-plus high for the pair set just last month at around 0  More...    More...


Forex Market Commentary and Analysis (5 December 2008)
GCI Financial Friday December 5, 2008 - 17:08:29 GMT

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2625 level and was capped around the $1.2800 figure  More...    More...


Forex Blog - US Market Update
Trade the News Staff Friday December 5, 2008 - 16:38:54 GMT

Today 10:45am US Market Update

Dow -250 S&P -26 NASDAQ -38

- US equity indices opened lower and remain under pressure thanks to this morning's employment data, which was substantially worse than expected  More...    More...


Euro Beginning to Look More Attractive
Forex Hound Friday December 5, 2008 - 15:48:08 GMT

The recent slew of negative U.S. economic news has surprisingly been ignored by the market.  Thursday’s positive move by the ECB may be the start of a shift back to the Euro especially if the U.S. Non-Farm Payroll number on Friday turns out worse than expected  More...    More...


Forex Blog - FX Briefing - ECB tight-lipped
BHF-Bank Friday December 5, 2008 - 15:40:50 GMT

FX Briefing 5 December 2008

Highlights

·        US Fed willing to resort to unconventional monetary policy measures

More...    More...


Forex News: A Further Breakdown of the employment trends
FXDD Friday December 5, 2008 - 14:28:24 GMT

More...    More...


FX Thoughts for the day - Evening - 05-Dec-2008 - 1200 GMT
FX Thoughts for the Day Friday December 5, 2008 - 12:04:31 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www  More...    More...



Forex Blog - European market Update: Markets brace for weak US payroll data
Trade the News Staff Friday December 5, 2008 - 11:12:00 GMT

Today 06:04am European market Update: Markets brace for weak US payroll data

*** ECONOMIC DATA ***

- (CH) Reportedly China Nov passenger auto sales are lower by 10.3% y/y - unconfirmed industry source

- 3:00 (SP) Spanish Oct Industrial Output Y/Y: -11  More...    More...



Forex Research - Dollar Range Bound as Traders Fear Worse Than Forecast NFPs
Global Forex Trading Friday December 5, 2008 - 11:07:57 GMT

Dollar Range Bound as Traders Fear Worse Than Forecast NFPs Last Updated 12/5/2008 5:21:43 AM EST (GMT +5)

More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe Mid-Session December 4, 2008
Global-View Friday December 5, 2008 - 10:46:00 GMT

10:42

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FOREX NEWS-Dollar little changed, traders await US jobs data
Reuters Friday December 5, 2008 - 10:39:50 GMT

Fri Dec 5, 2008 4:02am EST

* Dollar little changed, market awaits U.S. jobs report

* Euro holds gains after big ECB interest rate cut

* Weak jobs reading may spur risk aversion, boosting dollar

(Changes byline, dateline, adds comment, updates throughout; previous TOKYO)

By Naomi Tajitsu

LONDON, Dec 5 (Reuters) - The dollar was little changed against the euro and the yen on Friday, as investors awaited U  More...    More...


FX Blog- GVI Forex Analysis Thread: December 5, 2008 Pre-New York Open
Global-View Friday December 5, 2008 - 10:36:55 GMT

Pre-New York Open
  • We assume that the focus of forex trade Friday will be on equity markets again. It is all that has been working recently. No major economic data releases are due following the jobs data at 13:30 GMT.
  • The November U.S  More...    More...


FXDD Special Report: A detailed analysis of the November US Unemployment Report
FXDD Friday December 5, 2008 - 05:05:56 GMT

The US Unemployment report for the month of November will be released at 8:30 AM on Friday.  The expectation is for a decline of 325,000 jobs with a rise in the Unemployment Rate to 6.9%. 

For a detailed analysis of this key report, including a sector by sector breakdown as to the winners and loser, click on the following link  More...    More...


Forex Research - How Will the Dollar Trade Post Payrolls?
Global Forex Trading Thursday December 4, 2008 - 23:37:18 GMT

How Will the Dollar Trade Post Payrolls? Last Updated 12/4/2008 5:25:15 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

CAD/JPY ( More...    More...


Forex Market News - CANADA FX DEBT-Canadian dollar plunges on oil, politics
Reuters Thursday December 4, 2008 - 23:32:58 GMT

* Canadian dollar drops 1.9 percent

* Oil prices plunge, political uncertainty grows

* Bonds rise after central banks rate cuts

By Cameron French

TORONTO, Dec 4 (Reuters) - The Canadian dollar fell for the seventh-straight day versus the U  More...    More...


FOREX NEWS-Dollar falls vs euro after ECB cut, jobs data loom
Reuters Thursday December 4, 2008 - 23:31:14 GMT

REFILE-FOREX-Dollar falls vs euro after ECB cut, jobs data loom   Thu Dec 4, 2008 5:02pm EST   (Adds dropped words in first paragraph to clarify ECB's action was an interest rate cut)

* ECB cuts rates 75 bps, BoE by 100 bps

* Euro rises versus dollar, hits record high versus pound

* Investors await U  More...    More...


FX Blog- GVI Forex Analysis Chart Points for December 4, 2008
Global-View Thursday December 4, 2008 - 21:42:44 GMT

Click for Complete Chart Points

4-Dec-08

EUR/USD

USD/JPY

USD/CHF

GBP/USD

USD/CAD

Close

1  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 4, 2008
Global-View Thursday December 4, 2008 - 21:37:05 GMT

21:32

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Forex Market Commentary and Analysis (4 December 2008)
GCI Financial Thursday December 4, 2008 - 21:26:20 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2850 level and was supported around the $1.2550 level  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Thursday December 4, 2008 - 21:16:28 GMT

Morning Report Friday 5 December 2008

News and views

Official interest rate cuts dominated financial events last night: the Europe's ECB by 75 basis points (the largest in its history), the Bank of England by 100bps, and Sweden by a hefty 175bps  More...    More...


FX Blog- GVI Forex Analysis: Pre-Far East Open for December 5, 2008
Global-View Thursday December 4, 2008 - 19:56:51 GMT

Pre-Far East Open
  • Thursday saw strong cross-currents which have seen the USD cloing lower on the day. The BOE cut interest rates by -100bps as expected to 2.00%. Also the ECB eased by -75bps to a 2.50% refi rate. This rate reduction was on the high side of the market -50bp to -75bp forecasts  More...    More...


Trouble Deepens in Canada
Larry Greenberg Thursday December 4, 2008 - 19:24:24 GMT

Three disappointing Canadian indicators were reported today. The IVEY-PMI, which comprises activity in both manufacturing and non-manufacturing, dived  a dozen points to a record low of 40.2 in November and registered an average score of 46.2 in October and November after quarterly means of 59  More...    More...


FX Blog - EUR/USD Update
Global-View.com Thursday December 4, 2008 - 18:55:18 GMT

Click for more information on GVI Forex

As posted on GVI Forex:

GVI Forex Jay 18:20 GMT December 4, 2008
GVI Forex Analysis Thread: December 4, 2008: Reply   

EUR/USD:

Has been trading within 1.2331-1.3298 since the low (1  More...    More...



Chart of the Day - 12/04/2008 - AUD/USD
FX Solutions Thursday December 4, 2008 - 17:33:58 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; horizontal support/resistance levels in yellow; chart pattern in magenta; 50-period simple moving average in light blue.)

12/04/2008 – AUD/USD – Much like the consolidations that have been prevailing in other currency pairs lately, the AUD/USD (a daily chart of which is shown) has been forming a large symmetrical triangle pattern  More...    More...


Forex Blog - US Market Update
Trade the News Staff Thursday December 4, 2008 - 17:01:20 GMT

Today 11:16am

US Market Update

Dow -8 S&P +1 NASDAQ -1

- US indices are holding up relatively well, vacillating in and out of positive territory in early trade  More...    More...


FOREX NEWS-Euro, pound arrest losses; c.banks deliver big cuts
Reuters Thursday December 4, 2008 - 14:08:52 GMT

Thu Dec 4, 2008 8:27am EST

* Euro, sterling sentiment shaky in race to cut rates

* ECB cuts rates 75 bps, BoE by 100 bps

* Riksbank slashes rates by 175 bps, RBNZ cuts by 150 bps

(Adds quotes, updates prices)

By Veronica Brown

LONDON, Dec 4 (Reuters) - The euro and sterling arrested early falls against the dollar on Thursday, but remained shaky as euro area and UK interest rates were lowered in the global central bank drive to ward off a prolonged global slowdown  More...    More...


Interest Rate Decisions Dominate Headlines -- But Is It News?
Black Swan Capital Thursday December 4, 2008 - 13:52:54 GMT

Key News
• Sweden Cuts Benchmark Rate More Than Forecast as Economy, Inflation Slow (Bloomberg)
• New Zealand Cuts Key Rate to 5% From 6.5% as Recession Curbs Export Demand (Bloomberg)
• US, China headed for possible currency clash (Breitbart)

Quotable
“Wait until it stops rolling and pick it up  More...    More...


FX Blog- GVI Forex Analysis Chart Points for December 3, 2008
Global-View Thursday December 4, 2008 - 12:38:42 GMT

Click for Complete Chart Points

3-Dec-08

EUR/USD

USD/JPY

USD/CHF

GBP/USD

USD/CAD

Close

1  More...    More...


FX Thoughts for the day - Evening - 04-Dec-2008 - 1223 GMT
FX Thoughts for the Day Thursday December 4, 2008 - 12:27:00 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


Forex Research - Euro Pound Tumble Ahead of Rate Decisions – Global ZIPR In Store?
Global Forex Trading Thursday December 4, 2008 - 11:22:00 GMT

Euro Pound Tumble Ahead of Rate Decisions – Global ZIPR In Store? Last Updated 12/4/2008 5:14:21 AM EST (GMT +5)

More...    More...


Forex Blog - European Market Update: Sweden sets the tone for more significant cuts from central banks
Trade the News Staff Thursday December 4, 2008 - 11:14:04 GMT

Today 05:45am

European Market Update: Sweden sets the tone for more significant cuts from central banks

*** ECONOMIC DATA ***

- (SW) Swedish Riksbank cut interest rates by 175bps to 2  More...    More...


FX Blog- GVI Forex Market Snapshot Europe Mid-Session December 4, 2008
Global-View Thursday December 4, 2008 - 10:50:46 GMT

10:45

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FX Blog- GVI Forex Analysis Thread: December 4, 2008 Pre-New York Open
Global-View Thursday December 4, 2008 - 10:42:59 GMT

GVI Forex Analysis Thread: December 4, 2008 Pre-New York Open
  • Markets are waiting for two key central bank decisions in a short while. The Swedish Riksbank has already surprised the markets with a -175bp rate cut. The next key decision will be by the BOE (12:00 GMT) a -100bp cut in its 3  More...    More...


Forex Research - The Risks Ahead
Global Forex Trading Wednesday December 3, 2008 - 22:37:47 GMT

The Risks Ahead Last Updated 12/3/2008 5:26:40 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

AUD/CAD (More...    More...


Forex Market News - CANADA FX DEBT-Canadian dollar slides for 6th day, bonds down
Reuters Wednesday December 3, 2008 - 22:05:17 GMT

Wed Dec 3, 2008 4:58pm EST * Canadian dollar under pressure as oil below $47 a barrel * Bonds down across the board, readying for jobs figures * Central banks in focus, steep rate cuts seen By Ka Yan Ng TORONTO, Dec 3 (Reuters) - The Canadian dollar extended its
slide against the U  More...    More...



FOREX NEWS-Dollar little changed; ECB, BOE rate meetings ahead
Reuters Wednesday December 3, 2008 - 21:52:18 GMT

Wed Dec 3, 2008 4:46pm EST

* Dollar little changed after stocks rally in late session

* Beige book sees economy weaken across US

* Market awaits rate decisions from ECB, BoE

* For up-to-the-minute market news, click on FXNEWS (Recasts, updates prices, adds quotes, changes byline)

By Wanfeng Zhou

NEW YORK, Dec 3 (Reuters) - The U  More...    More...


FX Blog- GVI Forex Analysis Chart Points for December 3, 2008
Global-View Wednesday December 3, 2008 - 21:29:11 GMT

Click for Complete Chart Points

3-Dec-08

EUR/USD

USD/JPY

USD/CHF

GBP/USD

USD/CAD

Close

1  More...    More...


FX Blog- GVI Forex Market Snapshot for December 3, 2008
Global-View Wednesday December 3, 2008 - 21:12:32 GMT

21:09

 USD

pips

10yr

bp

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bp

Stox

 

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FX Blog- GVI Forex Analysis Thread: December 4, 2008
Global-View Wednesday December 3, 2008 - 20:54:28 GMT

GVI Forex Analysis Thread: December 4, 2008
 Pre-Far East Open
  • The focus of forex trade remains on equity markets, and it was remarkable today that share prices tried to sell off on several poor economic indicators, but that prices continued to bounce back  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Wednesday December 3, 2008 - 19:43:26 GMT

Morning Report Thursday 4 December 2008

 

News and views

US equities held their ground last night, on more stimulatory noises from the Fed, who will buy USD500 billion of mortgage and agency debt  More...    More...


Forex Market Commentary and Analysis (3 December 2008)
GCI Financial Wednesday December 3, 2008 - 19:38:59 GMT

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2600 figure and was capped around the $1.2740 level  More...    More...


FX Blog Equities Continue To Drive The Forex Market
Global-View.com Wednesday December 3, 2008 - 19:23:04 GMT

Note how stocks continue to drive the forex price action during the US session. Selected posts from the Forex Forum:

San Diego bobl 19:02 GMT December 3, 2008
stocks:  

Sell the rumor, buy the news? Beige Book was weak  More...    More...


Forex Blog - US Market Update
Trade the News Staff Wednesday December 3, 2008 - 16:47:48 GMT

Today 11:42am

US Market Update

Dow +117 S&P +12 NASDAQ +30

- Traders are shrugging off the negative data this morning and pushing up US equity indices higher after opening in the red  More...    More...


FX Blog - Posting From The Forex Forum
Global-View.com Wednesday December 3, 2008 - 16:44:06 GMT

From the Forex Forum:

San Diego bobl 16:22 GMT December 3, 2008
short covering: 

Whatever the reason, the stock market changed directions to up in the face of bad news. What appeared to be a follow-through type of day got enough bids to get the shorts to run for cover  More...    More...



Chart of the Day - 12/03/2008 - GBP/USD
FX Solutions Wednesday December 3, 2008 - 16:19:39 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; chart patterns in grey; 50-period simple moving average in light blue.)

12/03/2008 – GBP/USD – Price action within the last three months on the key GBP/USD pair (a 4-hour chart of which is shown) has been characterized by a series of chart pattern breakdowns  More...    More...



FX Blog- GVI Forex Analysis Commodity Currencies, Oil and Gold for December 3, 2008
Global-View Wednesday December 3, 2008 - 16:17:35 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading mixed on the day as they continue to take direction from equity markets. The AUD is higher. The NZD is steady and the CAD is weaker. are The USD currently is now mostly higher against the major trading currencies  More...    More...


Deflation Could Crush Canadian Dollar
Forex Hound Wednesday December 3, 2008 - 15:54:27 GMT

Talk of deflation is once again threatening the Canadian Dollar.  This is a major concern since the Canadian economy relies heavily on key commodities such as crude oil, gold, lumber and wheat.  Although many experts have stopped short of saying that commodity prices have become victims of deflation, there are building concerns that this condition could occur particularly if China devalues its currency  More...    More...


Oh Canada in a little trouble of late…
Black Swan Capital Wednesday December 3, 2008 - 14:39:27 GMT

Key News
• Britain's services sector contracted at its fastest rate in at least 12 years, a closely-watched survey showed Wednesday, ratcheting up expectations that the Bank of England will cut interest rates by a full percentage point on Thursday  More...    More...


FOREX NEWS-Yen gains, risk aversion hits global equities
Reuters Wednesday December 3, 2008 - 13:29:18 GMT

Wed Dec 3, 2008 8:00am EST

* Yen rises, global shares slide on risk aversion

* Stg falls to lowest-level since 1996 on weak services PMI

* Market awaits rate decisions from ECB, BoE

(Adds quotes, updates prices)

By Harpreet Bhal

LONDON, Dec 3 (Reuters) - The yen extended broad gains on Wednesday, reflecting heightened risk aversion as investors cut back on investments in higher-yielding assets while global equities fell  More...    More...


FX Thoughts for the day - Evening - 03-Dec-2008 - 1211 GMT
FX Thoughts for the Day Wednesday December 3, 2008 - 12:14:10 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


FX Blog - EUR/USD Intra-Day Update
Global-View.com Wednesday December 3, 2008 - 12:01:38 GMT

Click for more information on GVI Forex

As posted on GVI Forex:

GVI Forex Jay 11:56 GMT December 3, 2008
EUR/USD:

 
This is not a normal pivotal level but 1.2665 seems to be flipping between support and resistance since late yesterday, currently a minor intra-day resistance that just held  More...    More...


FX Blog- GVI Forex Chart Points - December 3, 2008
Global-View Wednesday December 3, 2008 - 11:34:06 GMT

Click for Complete Chart Points

2-Dec-08

EUR/USD

USD/JPY

USD/CHF

GBP/USD

USD/CAD

Close

1  More...    More...


Forex Blog - European Market Update: Services PMI register all time low readings ahead of key European interest rate decisions on Thursday
Trade the News Staff Wednesday December 3, 2008 - 11:06:38 GMT

Today 05:59am European Market Update: Services PMI register all time low readings ahead of key European interest rate decisions on Thursday

*** ECONOMIC DATA ***

- (TH) Thai Central Bank cuts benchmark interest rate by 100bps to 2  More...    More...


Forex Research - Pound Destroyed as Services PMI Hits Record Low – Will BoE Cut -125bp?
Global Forex Trading Wednesday December 3, 2008 - 10:51:32 GMT

Pound Destroyed as Services PMI Hits Record Low – Will BoE Cut -125bp? Last Updated 12/3/2008 5:35:54 AM EST (GMT +5)

More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe Mid-Session December 3, 2008
Global-View Wednesday December 3, 2008 - 10:51:23 GMT

10:46

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

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FX Blog- GVI Forex Analysis Thread: December 3, 2008 Pre-New York Open
Global-View Wednesday December 3, 2008 - 10:42:39 GMT

Pre-New York Open


  • Financial markets are biding their time ahead of three key employment surveys from the U.S. today, Thursday and Friday. The ADP private employment survey is due at 13:15 GMT today. The ADP survey tends to be unreliable and recently has tended to overstate jobs  More...    More...


Forex Research - How Does the US Dollar Perform in a Recession?
Global Forex Trading Tuesday December 2, 2008 - 23:33:27 GMT

How Does the US Dollar Perform in a Recession? Last Updated 12/2/2008 6:21:38 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

EUR/CAD ( More...    More...


Forex Market News - CANADA FX DEBT-Canadian dollar falls for 5th day, bonds mixed
Reuters Tuesday December 2, 2008 - 22:36:06 GMT

Tue Dec 2, 2008 5:31pm EST * Canadian dollar falls below 80 U.S. cents * Bonds mixed, long end unwinds some of Monday's gains * No economic releases to drive direction By Ka Yan Ng TORONTO, Dec 2 (Reuters) - The Canadian dollar fell for a
fifth straight day against the U  More...    More...



Can you say 1% Treasury Bond Yield?
Black Swan Capital Tuesday December 2, 2008 - 22:32:36 GMT

Key News
• Russia’s central bank probably doubled spending of foreign reserves to defend the ruble from its biggest weekly plunge against the euro in more than four years. (Bloomberg)

(Chart unavailable in text format.)
 
• The Canadian dollar recovered some ground versus the U  More...    More...


FOREX NEWS-Dollar, yen fall versus euro as stocks rebound
Reuters Tuesday December 2, 2008 - 22:05:09 GMT

Tue Dec 2, 2008 4:48pm EST

* Dollar, yen falls versus euro as equities rebound

* Stock markets end higher in choppy trade

* RBA slashes rates, ECB, BOE to cut later this week

* For up-to-the-minute market news, click on FXNEWS (Updates prices, adds quotes, changes byline)

By Wanfeng Zhou

NEW YORK, Dec 2 (Reuters) - The U  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 2, 2008
Global-View Tuesday December 2, 2008 - 21:07:48 GMT

21:03

 USD

pips

10yr

bp

2yr

bp

Stox

 

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USD

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FX Research - Morning Report
Westpac Institutional Bank Tuesday December 2, 2008 - 20:14:13 GMT

Morning Report Wednesday 3 December 2008

 

News and views

US equities retraced some of Monday’s losses, driven by bargain hunting and some supportive comments from the Fed: Bernanke said if further rate cuts were not possible, unconventional measures would be considered (e  More...    More...


FX Blog- GVI Forex Analysis Thread: December 3, 2008
Global-View Tuesday December 2, 2008 - 19:45:10 GMT

GVI Forex Analysis Thread: December 3, 2008
Pre-Far East Open
  • Forex markets were tracking equities again on Tuesday. Dealers seem to lack any other inspiration. The USD fell when equities were rising again. One possibility Monday was that the markets were setting up for a very weak employment report on Friday  More...    More...


Forex Market Commentary and Analysis (2 December 2008)
GCI Financial Tuesday December 2, 2008 - 17:46:47 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2765 level and was supported around the $1.2560 level  More...    More...


Chart of the Day - 12/02/2008 - USD/CAD
FX Solutions Tuesday December 2, 2008 - 16:59:20 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; horizontal support/resistance levels in yellow; 50-period simple moving average in light blue.)

12/02/2008 – USD/CAD – The key USD/CAD pair (a daily chart of which is shown) is giving off some clear, yet conflicting, technical signals  More...    More...


Forex Blog - US Market Update
Trade the News Staff Tuesday December 2, 2008 - 16:44:48 GMT

Today 11:19am

US Market Update

Dow +148 S&P +17 NASDAQ +28

- US equity indices opened higher this morning in the wake of Monday's sustained thrashing. With no data to bog things down and a generally positive reception to GE's investor update regarding their Capital unit, traders are pushing indices to fresh highs in mid morning trading  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil December 2, 2008
Global-View Tuesday December 2, 2008 - 16:32:01 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are now trading mostly modestly higher as they continue to take direction from equity markets. The commodity currencies (AUD and NZD) are better vs. the USD. The CAD is about steady  More...    More...


FX Blog-GVI Forex Analysis Links to Updated Graphs December 2, 2008
Global-View Tuesday December 2, 2008 - 15:29:38 GMT

Global-View

Trading

Tools

 

Daily Calendar

Chart Points

Market Tracker

Forex Database

 

GVI

CHARTS

 

EURUSD

USDCAD

EURJPY

GBPJPY

GBPUSD

AUDUSD

EURGBP

GBPCHF

USDJPY

NZDUSD

EURCHF

CHFJPY

USDCHF

USDCNY

Gold

WTI

 

INTEREST

RATES

 

U  More...    More...


FX Blog- GVI Forex Chart Points - December 2, 2008
Global-View Tuesday December 2, 2008 - 15:25:46 GMT

Click for Complete Chart Points

1-Dec-08

EUR/USD

USD/JPY

USD/CHF

GBP/USD

USD/CAD

Close

1  More...    More...


Forex Blog - Currency Update from the Forex Forum
Global-View.com Tuesday December 2, 2008 - 15:17:18 GMT

San Diego bobl 15:08 GMT December 2, 2008

CC's status:

From my perspective, the following is where we are:

EUR/USD ..... Primary trend down; 6 week range pattern currently..... nothing to do

USD/JPY  More...    More...



FX Blog - EUR/USD Update
Global-View.com Tuesday December 2, 2008 - 14:11:53 GMT

Note eur/usd bounced off its 20 day mva. See posts below.

Click for more information on GVI Forex

As posted on GVI Forex:

GVI Forex Jay 13:43 GMT December 2, 2008
eurusd :

High so far 1.2740 vs. 1.2739 20 day mva

GVI Forex Jay 13:01 GMT December 2, 2008
eurusd :

Resistance:
1  More...    More...


Forex Blog - Fed Chairman Delivered Last Rites on US Economy
Foreign Exchange Analytics Tuesday December 2, 2008 - 13:40:12 GMT

Fed Chairman Delivered Last Rites on US Economy

 

I had to pinch myself today while Bernanke spoke to the Austin Chamber of Commerce today.  I thought I was at the death bed of the US economy and the Chairman was delivery the last rites  More...    More...


FX Blog- GVI Forex Month Ahead Central Bank Forecasts for December 2, 2008
Global-View Tuesday December 2, 2008 - 13:38:53 GMT

Central Bank Policy Outlook -- Key Interest Rates
Global Interest Rates

December 2, 2008

Monetary Policy Forecasts for Major Economies

The Global-View  More...    More...


FOREX NEWS-Shaky stocks support yen, interest rates in focus
Reuters Tuesday December 2, 2008 - 12:43:25 GMT

Tue Dec 2, 2008 7:05am EST

* Yen rallies to 5-week high vs dollar <JPY=>

* Volatile stock markets keep risk aversion intact

* RBA rate cut keeps focus on lower global rates

(Adds quotes, updates prices)

By Naomi Tajitsu

LONDON, Dec 2 (Reuters) - The yen rallied to a five-week high versus the dollar on Tuesday as volatile stock markets reflected continued risk aversion, while investors anticipated dramatic interest rate cuts later in the week  More...    More...


FX Thoughts for the day - Evening - 02-Dec-2008 - 1243 GMT
FX Thoughts for the Day Tuesday December 2, 2008 - 12:40:50 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


Forex Research - Dollar Strength Continues But is Risk Aversion Trade Losing Power?
Global Forex Trading Tuesday December 2, 2008 - 11:19:49 GMT

Dollar Strength Continues But is Risk Aversion Trade Losing Power? Last Updated 12/2/2008 5:17:52 AM EST (GMT +5)

More...    More...


Forex Blog - European Market Update: Competitive devaluation concerns rise in currencies; Equities recover from opening level weakness on vague chatter that US Treasury has 'secured' additional capita
Trade the News Staff Tuesday December 2, 2008 - 11:13:16 GMT

Today 06:08am

European Market Update: Competitive devaluation concerns rise in currencies; Equities recover from opening level weakness on vague chatter that US Treasury has 'secured' additional capital to inject into banks

*** ECONOMIC DATA ***

(JP) BOJ keeps interest unchanged at 0  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- Europe Mid-Session December 2, 2008
Global-View Tuesday December 2, 2008 - 10:41:18 GMT

10:37

 USD

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10yr

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USD

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FX Blog- GVI Forex Analysis Thread: December 2, 2008 Pre-New York Open
Global-View Tuesday December 2, 2008 - 10:34:36 GMT

GVI Forex Analysis Thread: December 2, 2008 Pre-New York Open
  • The markets are still trying to recover from the major slide in U.S. equity prices on Monday. Far East bourses tumbled today in reaction. European bourses are modestly softer at this hour  More...    More...


Forex Research - What is Behind the Dollar Rally?
Global Forex Trading Monday December 1, 2008 - 23:37:18 GMT

What is Behind the Dollar Rally? Last Updated 12/1/2008 5:51:56 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

NZD/JPY ( More...    More...


Forex Market News - CANADA FX DEBT-C$ falls on drop in oil, political uncertainty
Reuters Monday December 1, 2008 - 23:33:56 GMT

  Mon Dec 1, 2008 5:20pm EST *Canadian dollar falls 0.5 percent against the greenback *A 9 percent slide in oil prices encouraged decline *Political instability in Ottawa also undermines currency *Data showing stronger-than-expected GDP has little impact *Bonds rally on safe-haven bid as stocks tumble By John McCrank TORONTO, Dec 1 (Reuters) - Canada's dollar fell against the U  More...    More...


FOREX NEWS-US dollar, yen rise as global economic fears deepen
Reuters Monday December 1, 2008 - 23:30:40 GMT

FOREX-US dollar, yen rise as global economic fears deepen Mon Dec 1, 2008 4:49pm EST

* Dollar rises as economic worries knock equity markets

* Yen broadly higher, climbs to 1-month high vs dollar

* High-yielders sink on expectations of global rate cuts

* BoE, ECB, RBA, RBNZ all seen slashing borrowing costs

* For up-to-the-minute market news, click on FXNEWS (Updates prices, adds comments, changes byline)

By Wanfeng Zhou

NEW YORK, Dec 1 (Reuters) - The U  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Monday December 1, 2008 - 21:16:53 GMT

Morning Report  Tuesday 2 December 2008   News and views

 

This week's mood reverts to the negative sentiment prevailing two weeks ago  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- December 1, 2008
Global-View Monday December 1, 2008 - 21:14:59 GMT

21:12

 USD

pips

10yr

bp

2yr

bp

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USD

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FX Blog- GVI Forex Analysis Thread: December 2, 2008
Global-View Monday December 1, 2008 - 20:34:55 GMT

GVI Forex Analysis Thread: December 2, 2008
Pre-Far East Open
  • Weakness in equities Monday has dominated trade in all the financial markets. Some indicated that the early part of December is notorious for tax loss selling, and that 2008 has seen substantial losses, so there is plenty of potential selling to be done  More...    More...


Chart of the Day - 12/01/2008 - EUR/USD
FX Solutions Monday December 1, 2008 - 19:09:34 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend lines in red; horizontal support/resistance levels in yellow; 50-period simple moving average in light blue.)

12/01/2008 – EUR/USD – Price action on the EUR/USD daily chart, as shown, has retraced almost its entire bullish breakout run of early last week  More...    More...



Preview of Australian Rate Decision
Larry Greenberg Monday December 1, 2008 - 19:03:37 GMT

A drop of 100 basis points to 4.25% is near the high end of expectations. There were earlier easings of 25 basis points on September 2nd, 100 bps on October 7th, and 75 bps on November 4th. 4.25% would match the previous cyclical low from December 2001 to May 2002  More...    More...


Forex Blog - US Market Update
Trade the News Staff Monday December 1, 2008 - 17:00:14 GMT

Today 11:28am

US Market Update

Dow -398 S&P -48 NASDAQ -80

- The Thanksgiving stock rally is screeching to a halt this morning as US equity indices open down and head lower  More...    More...


Euro Traders Prepare for Interest Rate Cut
Forex Hound Monday December 1, 2008 - 16:06:15 GMT

The European Central Bank meets on December 4 to discuss its next move regarding interest rates.  Traders are anticipating a cut, but recent comments by ECB officials are making it difficult to decipher how aggressive the cut will be  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil December 1, 2008
Global-View Monday December 1, 2008 - 15:45:14 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies are trading sharply weaker as they continue to take direction from U.S. equity markets. The commodity currencies (AUD and NZD) are all weaker vs. the USD. The USD currently is broadly higher against the major currencies on a risk aversion move  More...    More...


Forex Market Commentary and Analysis (1 December 2008)
GCI Financial Monday December 1, 2008 - 15:28:03 GMT

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2580 level and was capped around $1.2710 level.  The common currency lost ground on declining risk appetite that stemmed from bad economic data worldwide  More...    More...


FOREX NEWS-Yen gains; shrinking output raises investor caution
Reuters Monday December 1, 2008 - 12:25:17 GMT

Mon Dec 1, 2008 7:17am EST

* Yen extends broad rise as weak PMIs knock share markets

* High-yielders sink on expectations of global rate cuts

* BoE, ECB, RBA, RBNZ all seen slashing borrowing costs

* U.S. jobs data later this week also in focus

(writes through with quotes, comment, updates prices, changes byline)

By Veronica Brown

LONDON, Dec 1 (Reuters) - The Japanese yen strengthened broadly on Monday as slumping Chinese and European manufacturing activity kept investors on edge and dragged world share prices down  More...    More...


FX Thoughts for the day - Evening - 01-Dec-2008 - 1215 GMT
FX Thoughts for the Day Monday December 1, 2008 - 12:16:32 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


Weekly economic data preview - Bank of England and ECB set to lower interest rates sharply; Economics Weekly - Government borrowing to rise sharpl
Lloyds TSB Financial Markets Monday December 1, 2008 - 11:14:15 GMT

 

Economics Weekly1 December 2008

 

Government borrowing to rise sharply

 

Borrowing to rise sharply with a stimulus package of £20bn…

The Chancellor confirmed in the 2008 Pre-Budget Report (PBR) that the budget deficit is to rise to £118bn next year, or 8% of gdp, a ratio not seen since 1993, and with the sharpest rise in the ratio seen since the 1970s  More...    More...


Forex Blog - European market Update: PMI Manufacturing continue to post record low readings; Global recession concerns set to unleash a rash of aggressive central bank rate cuts this week
Trade the News Staff Monday December 1, 2008 - 10:51:46 GMT

Today 05:39am

European market Update: PMI Manufacturing continue to post record low
readings; Global recession concerns set to unleash a rash of aggressive
central bank rate cuts this week



*** ECONOMIC DATA ***

- (JP) BOJ to hold extraordinary policy meeting on Dec 2nd to discuss flexibility in funding

- (IN) India Oct Exports Y/Y: -12  More...    More...


FX Blog- GVI Forex Market Snapshot Europe Mid-Session: December 1, 2008
Global-View Monday December 1, 2008 - 10:48:41 GMT

10:43

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

n/a

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Forex Research - Euro, Pound Slide as Eco Data Turns Grim
Global Forex Trading Monday December 1, 2008 - 10:44:14 GMT

Euro, Pound Slide as Eco Data Turns Grim Last Updated 12/1/2008 5:22:55 AM EST (GMT +5)

Top Stories


  • BOJ to hold emergency meeting to tomorrow 4 AM GMT to ease corporate credit crunch
  • Merkel hesitant to enact tax cuts but German Retail sales horrid at -1  More...    More...


FX Blog- GVI Forex Analysis Thread: December 1, 2008
Global-View Monday December 1, 2008 - 10:37:05 GMT

GVI Forex Analysis Thread: December 1, 2008: Reply   
Edit  Delete
Pre-New York Open
  • The first full week of most months tends to be an active one for the central banks. Inrerest rate cuts are expected just about across the board  More...    More...


Forex Market News - CANADA FX DEBT-C$ falls on Canadian political worry
Reuters Saturday November 29, 2008 - 00:16:17 GMT

Fri Nov 28, 2008 5:16pm EST * Canadian dollar falls 0.7 percent versus greenback * Opposition threats to topple gov't raises uncertainty * Bonds rise, but lag U.S. Treasuries By Cameron French TORONTO, Nov 28 (Reuters) - The Canadian dollar ended lower
versus the U  More...    More...



Forex Research - The Race to Zero Interest Rates
Global Forex Trading Friday November 28, 2008 - 21:56:54 GMT

The Race to Zero Interest Rates Last Updated 11/28/2008 12:09:09 PM EST (GMT +5)

With the global economic downturn in full swing, one of the burning questions on everyone’s minds is who will be the first central bank to take interest rates to zero and how close will everyone else get?

We are in a global easing cycle and the varying aggressiveness of central banks around the world means that any country could be the first to see zero interest rates  More...    More...


FOREX NEWS-Dollar rises vs euro amid risk aversion, thin volume
Reuters Friday November 28, 2008 - 20:03:21 GMT

Fri Nov 28, 2008 1:02pm EST

* Dollar rises vs euro as risk aversion persists

* ECB seen cutting rates more aggressively; hurts euro

* Indian Rupee falls after attacks

* For up-to-the-minute market news, click on FXNEWS

(Updates prices, adds comments)

By Vivianne Rodrigues

NEW YORK, Nov 28 (Reuters) - The dollar rose versus the euro in thin trade on Friday as volatile equity markets and fears of a deepening global recession led investors to seek the U  More...    More...


Forex Blog - FX Briefing - Dollar unfazed by Fed policy
BHF-Bank Friday November 28, 2008 - 17:05:01 GMT

FX Briefing 28 November 2008

·        Highlights

More...    More...


FOREX NEWS-Dollar rises vs euro, supported by risk aversion
Reuters Friday November 28, 2008 - 16:02:35 GMT

Fri Nov 28, 2008 10:12am EST

* Dollar rises vs euro as risk aversion persists

* Yen supported on persistent global economy fears

* Euro zone inflation plunges (Recasts, adds comments, changes dateline and byline)

By Vivianne Rodrigues

NEW YORK, Nov 28 (Reuters) - The dollar rose against the euro on thin trade on Friday, as weak equities markets and fears of a deepening global recession led investors to seek the U  More...    More...


Fundamentals and Technicals Support Rally for British Pounds
Forex Hound Friday November 28, 2008 - 15:37:01 GMT

This week the main trend in the British Pounds turned up for the first time since August 5.  This is a sign that investor confidence is returning to the currency.  On the futures side, the Commodity Futures Trading Commission Commitment of Trades Report is also showing signs that large trader interest is returning to the long side of this market  More...    More...


Forex Market Commentary and Analysis (28 November 2008)
GCI Financial Friday November 28, 2008 - 15:32:52 GMT

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2700 figure and was capped around $1.2955 level.  The common currency came off after data revealed the eurozone economy shrank q/q in Q2, the first decline since 1995  More...    More...


Forex Trading: The EUROZONE flash CPI falls sharply. More declines to come
FXDD Friday November 28, 2008 - 13:54:56 GMT

The Flash YoY CPI estimate for the month of November was released this morning at 2.1%.  This is congruent with around a 0.5% decline in the MoM measure for the CPI for the month and down sharply from 3.2% last month.  The official CPI will not be release for another few weeks  More...    More...


FX Thoughts for the day - Evening - 28-Nov-2008 - 1210 GMT
FX Thoughts for the Day Friday November 28, 2008 - 12:13:21 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: Euro-Zone CPI data paves way for possible aggressive ECB rate cut; Russia Central bank acts to stem capital flight
Trade the News Staff Friday November 28, 2008 - 11:35:04 GMT

Today 06:01am European Market Update: Euro-Zone CPI data paves way for possible aggressive ECB rate cut; Russia Central bank acts to stem capital flight

*** ECONOMIC DATA ***

- (RU) Russian Central Bank raises its Refinancing rate by 100bps to 13%; cites risk out capital outflows

- (IN) India Q3 GDP Y/Y: 7  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- November 28, 2008
Global-View Friday November 28, 2008 - 10:49:53 GMT

10:44

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FX Blog- GVI Forex Analysis Thread: November 28, 2008
Global-View Friday November 28, 2008 - 10:32:32 GMT

GVI Forex Analysis Thread: November 28, 2008
Pre-New York Open
  • The USD is a touch firmer early Friday. This should be a holiday-restrained session today in the U.S. with the Thanksgiving holiday resulting in skeletal staffing. The flash Euro-zone HICP estimate was a sharply weaker 2  More...    More...


Forex Market News - Morning Report
Westpac Institutional Bank Friday November 28, 2008 - 00:24:08 GMT

Morning Report Friday 28 November 2008

 

News and views

There was no market-moving news last night, and the US had their Thanksgiving holiday which deprived global markets from any clues regarding short-term direction  More...    More...


Forex News - CANADA FX DEBT-C$ slips on commodities, bonds up
Reuters Friday November 28, 2008 - 00:17:46 GMT

  Thu Nov 27, 2008 5:37pm EST * Canadian dollar slips 0.1 percent versus greenback * U.S. markets closed for Thanksgiving Day * Bond prices edge higher in illiquid conditions By Cameron French TORONTO, Nov 27 (Reuters) - The Canadian dollar eased slightly against the U  More...    More...


Forex Market Commentary and Analysis (27 November 2008)
GCI Financial Thursday November 27, 2008 - 14:35:45 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2970 level and was supported around $1.2870 level  More...    More...


FX Thoughts for the day - Evening - 27-Nov-2008 - 1236 GMT
FX Thoughts for the Day Thursday November 27, 2008 - 12:42:45 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


FX Blog- Market Snapshot Europe Mid-Session for November 27, 2008
Global-View Thursday November 27, 2008 - 12:36:07 GMT

12:31

 USD

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10yr

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Forex Blog - The Financial Fire Trucks Are Gathering
Thoughts from the Frontline Thursday November 27, 2008 - 11:52:48 GMT

The Financial Fire Trucks Are Gathering

November 26, 2008

A Thanksgiving Fire Drill The Financial Fire Trucks Are Gathering The Millennium Wave Thanksgiving, Moving, and New York

"It will therefore be crucial that you see the world anew  More...    More...


Forex Blog - European market Update: USD softer on better UK and German data in session
Trade the News Staff Thursday November 27, 2008 - 11:39:20 GMT

Today 06:03am

European market Update: USD softer on better UK and German data in session

*** ECONOMIC DATA ***

- (UK) Nov Nationwide House prices M/M: -0.4% v -1  More...    More...


FOREX NEWS-Yen gains on econ, geopolitical fears, repatriation
Reuters Thursday November 27, 2008 - 11:34:26 GMT

Thu Nov 27, 2008 4:43am EST

* Yen gains as global recession fears keep investors on edge

* Mumbai attacks add to risk aversion

* Market quiet due to U.S. Thanksgiving holiday

* Dollar dips vs euro; U.S. balance sheet concerns weigh

(Recasts, changes byline, adds quotes, previous TOKYO)

By Jessica Mortimer

LONDON, Nov 27 (Reuters) - The yen gained against the dollar and euro on Thursday as market worries about the cost of fiscal stimulus packages and how far they could succeed in fending off a global recession kept the low-yielding currency supported  More...    More...


Forex Research - How Do Currencies Behave Around Thanksgiving?
Global Forex Trading Wednesday November 26, 2008 - 22:34:49 GMT

How Do Currencies Behave Around Thanksgiving? Last Updated 11/26/2008 4:47:08 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

EUR/NZD (More...    More...


Forex Market News - CANADA FX DEBT-C$ dips on worry over commodity demand
Reuters Wednesday November 26, 2008 - 22:31:19 GMT

Wed Nov 26, 2008 4:23pm EST * Canadian dollar slips 0.4 percent versus greenback * Bond prices rally with U.S. market on soft U.S. data By John McCrank TORONTO, Nov 26 (Reuters) - The Canadian dollar dipped 0.4
percent against the U.S  More...    More...



FOREX NEWS-Dollar up vs euro; risk aversion spurs safe-haven bid
Reuters Wednesday November 26, 2008 - 22:29:34 GMT

Wed Nov 26, 2008 2:51pm EST

* Risk aversion boosts U.S. dollar

* EU plans 200 billion euro stimulus package

* China cuts interest rates by 108 bps

* For up-to-the-minute market news, click on FXNEWS (Recasts, adds comments, updates prices, changes byline)

By Nick Olivari

NEW YORK, Nov 26 (Reuters) - The dollar rose against the euro on Wednesday as a string of weak U  More...    More...


FX Blog- Market Snapshot for November 26, 2008
Global-View Wednesday November 26, 2008 - 21:17:43 GMT

21:12

 USD

pips

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FX Research - Morning Report
Westpac Institutional Bank Wednesday November 26, 2008 - 20:40:52 GMT

Morning Report Thursday 27 November 2008

 

News and views

A lot of US economic data was released night, most of it weaker than expected  More...    More...


Chart of the Day - 11/26/2008 - USD/JPY
FX Solutions Wednesday November 26, 2008 - 16:56:01 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend lines in red; horizontal support/resistance levels in yellow; 50-period simple moving average in light blue.)

11/26/2008 – USD/JPY – After breaking slightly above a key downtrend resistance line on Monday, price action on the USD/JPY (a daily chart of which is shown) has turned abruptly back down, respecting that dynamic resistance with a bearish engulfing candle pattern  More...    More...


Dollar safe haven? Really!
Black Swan Capital Wednesday November 26, 2008 - 16:33:53 GMT

Key News
• The move [Chinese interest rate cut] came just one day after the World Bank predicted that China would grow by 7.5pc next year. The level of growth may appear robust by Western standards, but it would represent the slowest economic expansion in China for the last two decades  More...    More...


Forex Market Commentary and Analysis (26 November 2008)
GCI Financial Wednesday November 26, 2008 - 15:42:18 GMT

 

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1  More...    More...


FX Thoughts for the day - Evening - 26-Nov-2008 - 1236 GMT
FX Thoughts for the Day Wednesday November 26, 2008 - 12:44:17 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


Forex Blog - European market Update: China PBoC cuts aggressively by 108 bps; EU to unveil €200B stimulus plan
Trade the News Staff Wednesday November 26, 2008 - 11:19:35 GMT

Today 06:06am European market Update: China PBoC cuts aggressively by 108 bps; EU to unveil €200B stimulus plan

*** ECONOMIC DATA ***

- (CH) China Central Bank cuts key rates by 108bps; Lowers reserve requirements (PBoC was not scheduled to meet)

- (SI) Singapore Oct Industrial Production MoM: -12  More...    More...


Forex Research - Euro Rally Stalls Despite Rate Cut from Bank of China - Can It Go Higher?
Global Forex Trading Wednesday November 26, 2008 - 10:56:28 GMT

Euro Rally Stalls Despite Rate Cut from Bank of China - Can It Go Higher? Last Updated 11/26/2008 5:49:31 AM EST (GMT +5)

More...    More...


FX Blog- Market Snapshot Europe Mid-Session for November 26, 2008
Global-View Wednesday November 26, 2008 - 10:28:45 GMT

10:25

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FOREX NEWS-Yen up as Fed stimulus weighed; EU plan awaited
Reuters Wednesday November 26, 2008 - 10:14:25 GMT

Wed Nov 26, 2008 4:50am EST

* Yen supported on risk aversion, high-yielders slide

* China cuts interest rates by 108 bps, yen pares gains

* Fed rescue plan raises concerns about U.S. balance sheet

By Naomi Tajitsu

LONDON, Nov 26 (Reuters) - The yen rose against the euro and higher-yielding currencies on Wednesday, with struggling European shares helping to spur risk aversion ahead of expected economic stimulus measures by the European Union  More...    More...


Forex Research - USD: Markets Not Content With $800B
Global Forex Trading Tuesday November 25, 2008 - 22:33:45 GMT

USD: Markets Not Content With $800B Last Updated 11/25/2008 5:02:13 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

AUD/JPY ( More...    More...


Forex Market News - CANADA FX DEBT-C$ ends higher on easing economic concerns
Reuters Tuesday November 25, 2008 - 22:28:26 GMT

  Tue Nov 25, 2008 4:41pm EST * Unexpected rise in retail sales helps C$ rally * C$ up 4.3 percent this week after back-to-back gains * Bond prices rally alongside U.S. market By Frank Pingue TORONTO, Nov 25 (Reuters) - The Canadian dollar closed at its highest level in a week on Tuesday as new U  More...    More...


FOREX NEWS-US dollar falls vs euro as demand for safe haven eases
Reuters Tuesday November 25, 2008 - 21:19:08 GMT

Tue Nov 25, 2008 4:09pm EST

* US dollar falls for a third day as risk aversion cools

* Fed announces facility to boost consumer lending

* US 3rd Qtr GDP contracts faster than first estimated

* For up-to-the-minute market news, click on FXNEWS (Recasts, adds comments, updates prices, changes byline)

By Nick Olivari

NEW YORK, Nov 25 (Reuters) - The U  More...    More...


FX Blog- Market Snapshot for November 25, 2008
Global-View Tuesday November 25, 2008 - 21:08:44 GMT

21:05

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pips

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FX Research - Morning Report
Westpac Institutional Bank Tuesday November 25, 2008 - 20:54:52 GMT

Morning Report Wednesday 26 November 2008

 

News and views

 

The main news overnight is the US Federal Reserve committing an additional USD800 billion to stimulate lending: $600 billion to buy housing-finance company debt, and $200 billion to support consumer and small business loans  More...    More...


FX Blog-GVI Forex Analysis November 25, 2008 Pre-Far East Open
Global-View Tuesday November 25, 2008 - 20:26:18 GMT

GVI Forex Analysis Thread: November 26, 2008 

  • The USD headed south on Tuesday even though equities generally traded sideways. This is a holiday-shortened week in the U.S. with the Thanksgiving Holiday on Thursday preceeded by early closures tomorrow, and skeletal staffing following on Friday  More...    More...


Forex Market Commentary and Analysis (25 November 2008)
GCI Financial Tuesday November 25, 2008 - 17:26:20 GMT

 

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1  More...    More...


Chart of the Day - 11/25/2008 - GBP/USD
FX Solutions Tuesday November 25, 2008 - 17:25:53 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend lines in red; chart patterns in yellow; 50-period simple moving average in light blue.)

11/25/2008 – GBP/USD – The current consolidation on the GBP/USD daily chart, as shown, has taken the form of a tentative inverted flag formation  More...    More...


Forex Blog - US Market Update
Trade the News Staff Tuesday November 25, 2008 - 17:24:20 GMT

Today 11:48am

US Market Update

Dow +22 S&P +2.4 NASDAQ -8

- US indices opened higher for the third day in a row after the Fed announced yet another massive plan to support the financial industry, this time focusing on the consumer  More...    More...


FX Blog- Global-View.com Month Ahead Interest Rate Outlook for November 26, 2008
Global-View Tuesday November 25, 2008 - 17:16:17 GMT

November 26, 2008

Monetary Policy Forecasts for Major Economies

The U.S. Federal Reserve remains in a leadership role because it has been well ahead of the other major central banks in recognizing the trouble the global economy had gotten into  More...    More...


Can we muster a 2-day stock rally?
Black Swan Capital Tuesday November 25, 2008 - 14:01:15 GMT

Key News
• The World Bank on Tuesday cut its growth forecast for China next year to 7.5 per cent, the slowest rate of expansion since 1990, and said the impact of the global financial crisis was likely to “intensify”. (FT)
• [UK] Prime Minister Gordon Brown swept aside three decades of economic orthodoxy with tax increases on the rich and plans that will double Britain’s national debt  More...    More...


Forez Research - Euro Lower Yen Higher as Equity Traders Take Profits
Global Forex Trading Tuesday November 25, 2008 - 13:18:21 GMT

Euro Lower Yen Higher as Equity Traders Take Profits Last Updated 11/25/2008 5:28:34 AM EST (GMT +5)

More...    More...


FX Thoughts for the day - Evening - 25-Nov-2008 - 1245 GMT
FX Thoughts for the Day Tuesday November 25, 2008 - 12:52:15 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


FOREX NEWS-Yen climbs, volatile shares keep risk aversion high
Reuters Tuesday November 25, 2008 - 12:48:20 GMT

Tue Nov 25, 2008 7:14am EST

* Yen gains vs euro, dlr, pound slides

* Risk aversion high; shares recoup loss in choppy trade

* High-yielding Australian and New Zealand dollars tumble

(Changes dateline, byline, adds quotes, updates prices)

By Naomi Tajitsu

LONDON, Nov 25 (Reuters) - The yen gained broadly on Tuesday, while currencies with high yields fell as global recession fears returned to haunt financial markets, keeping stock markets volatile and risk demand low  More...    More...


Forex Blog - European Market Update: BHP walks away from its offer for Rio Tinto, citing turmoil in global markets
Trade the News Staff Tuesday November 25, 2008 - 11:07:37 GMT

Today 05:47am

European Market Update: BHP walks away from its offer for Rio Tinto, citing turmoil in global markets

*** ECONOMIC DATA ***

- (GE) German Sept Real Construction Orders NSA Y/Y: +2  More...    More...


FX Blog- Market Snapshot: Europe Mid-Session for November 25, 2008
Global-View Tuesday November 25, 2008 - 10:41:44 GMT

10:37

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FX Blog- GVI Forex Analysis New York Open November 25, 2008
Global-View Tuesday November 25, 2008 - 10:34:00 GMT

GVI Forex Analysis Thread: November 25, 2008
Pre-New York Open
  • Forex trade is off to a cautious start today as dealers consolidate the significant USD downswing from yesterday. As usual, forex prices are following the swings in equity indices which surged yesterday as well following the Citi bailout plan  More...    More...


Forex Research - Stocks Soar But Watch Out for GDP Risk
Global Forex Trading Monday November 24, 2008 - 23:56:35 GMT

Stocks Soar But Watch Out for GDP Risk Last Updated 11/24/2008 4:07:27 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

AUD/JPY (More...    More...


Forex News - CANADA FX DEBT-C$ closes at highest level in nearly a week
Reuters Monday November 24, 2008 - 23:43:17 GMT

  Mon Nov 24, 2008 4:45pm EST * C$ draws support from surge in oil prices * Improved market sentiment also pays key role * Bond prices get hit by Citigroup rescue plan By Frank Pingue TORONTO, Nov 24 (Reuters) - The Canadian dollar jumped to its highest level in nearly a week on Monday as a surge in the price of oil and a rally in global equity markets took a bit of the shine off the U  More...    More...


FX Blog- GVI Market Snapshot for November 24, 2008
Global-View Monday November 24, 2008 - 21:24:39 GMT

21:19

 USD

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FX Blog- GVI Analysis November 25, 2008
Global-View Monday November 24, 2008 - 20:38:56 GMT

GVI Forex Analysis Thread: November 25, 2008
Pre-Far East Open
  • The Citi bailout program could turn out to have been a watershed events for the markets, but we will not know if this true for several months. Importantly, the government drew a bright red line around Citibank and all of the other institutions named inside that inner circle  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Monday November 24, 2008 - 20:16:26 GMT

Morning Report Tuesday 25 November 2008

 

News and views

A couple of boosts to sentiment from the northern hemisphere last night helped equity markets rally back through key levels  More...    More...


Forex Market Commentary and Analysis (24 November 2008)
GCI Financial Monday November 24, 2008 - 18:10:37 GMT

 

The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1  More...    More...


Forex Blog - US Market Update
Trade the News Staff Monday November 24, 2008 - 18:00:21 GMT

Today 11:33am

US Market Update

Dow +285 S&P +35 NASDAQ +60

- Pre-market equity trading picked up where it left off on Friday, with US indices rallying, energized by the government's lifeline for Citigroup  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil November 24, 2008
Global-View Monday November 24, 2008 - 16:16:54 GMT

Commodity Currencies, Oil and Gold
  • It appears that the commodity currencies are taking direction from the U.S. equity markets. The commodity currencies (AUD, CAD and NZD) are sharply higher vs. the USD. The USD is broadly down against the major currencies  More...    More...


U.S. Housing Report Could Accelerate Gains in the Euro
Forex Hound Monday November 24, 2008 - 16:15:20 GMT

Despite news that the German Ifo Business Confidence Index fell to a 16-year low, the Euro remained strong versus the U.S. Dollar in overnight trading.  This move may accelerate to the upside if U.S. Existing Home Sales come out worse than expected in a report due at 9 a  More...    More...


Economics Weekly - UK public sector debt set to rise sharply; Weekly economic data preview - Will the UK pre-Budget Report deliver growth?
Lloyds TSB Financial Markets Monday November 24, 2008 - 12:38:29 GMT

Economics Weekly 24 November 2008

 

UK public sector debt set to rise sharply

 

A slowing economy & tax cuts mean that borrowing will rise

This is undoubtedly the toughest Pre-Budget Report (PBR) that labour has had to deliver since it took office in 1997  More...    More...


FOREX NEWS-Dlr falls, yen gives up gains as mkts cheer Citi
Reuters Monday November 24, 2008 - 12:18:52 GMT

Mon Nov 24, 2008 7:11am EST

* Dollar, yen falter as risk aversion cools

* Investors take cue from rallying stock mkts on Citi plan

* Real economy picture remains weak

* German Ifo underlines struggling euro zone economy (releads, adds quotes, updates prices, changes byline)

By Veronica Brown

LONDON, Nov 24 (Reuters) - The dollar and yen gave up broad early gains on Monday as investors eased back from risk averse positions, taking a cue from stock market cheer after the U  More...    More...


FX Thoughts for the day - Evening - 21-Nov-2008 - 1212 GMT
FX Thoughts for the Day Monday November 24, 2008 - 11:50:50 GMT

USD-CHF @ 1.2141/45...Moving in a channel
---------------------------------------
R: 1.2217-22 / 1.2385-407 / 1.2460
S: 1.2076-49 / 1.2008-1.1999 / 1.1976
The currency has moved little since the last update. It has traded between 1.2161 and 1  More...    More...


Forex Research - Weak IFO Drives Euro Off the Highs But Risk Appetite May Return
Global Forex Trading Monday November 24, 2008 - 11:30:02 GMT

Weak IFO Drives Euro Off the Highs But Risk Appetite May Return Last Updated 11/24/2008 5:30:22 AM EST (GMT +5)

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Forex Research - Weak IFO Drives Euro Off the Highs But Risk Appetite May Return
Global Forex Trading Monday November 24, 2008 - 11:30:01 GMT

Weak IFO Drives Euro Off the Highs But Risk Appetite May Return Last Updated 11/24/2008 5:30:22 AM EST (GMT +5)

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Forex Blog - European Market Update: German IFO hits 15 year low; Citigroup bailout plan takes some of the USD risk premium out of market
Trade the News Staff Monday November 24, 2008 - 11:22:01 GMT

Today 05:53am

European Market Update: German IFO hits 15 year low; Citigroup bailout plan takes some of the USD risk premium out of market

- European Market Update: German IFO hits 15 year lows;

*** ECONOMIC DATA ***

- (DE) Denmark Nov Consumer Confidence Indicator: -11  More...    More...


FX Blog- Market Snapshot Europe Mid-Session for November 24, 2008
Global-View Monday November 24, 2008 - 10:43:25 GMT

10:40

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FX Blog- GVI Forex Analysis November 24, 2008
Global-View Monday November 24, 2008 - 10:35:42 GMT

Pre-New York Open
  • The Citi bailout plan announced overnight has taken some of the USD risk premium ot of the market and has sent a signal to the equity markets what “too big to fail” now means. Unfortunately this was not done before LEH  More...    More...


Forex Blog - Leverage Is an 8 Letter Word
Thoughts from the Frontline Saturday November 22, 2008 - 11:43:51 GMT

Leverage Is an 8 Letter Word
November 21, 2008
Leverage Is an 8 Letter WordIf Loans Are So Cheap, Why Don't They Sell?Deflation and Helicopters: Time for a ReviewCommercial Property Loans Start to Haunt the BanksWarren Makes a BetThanksgiving, Moving, and New Orleans

Leverage is an eight-letter word, which the markets now regard as twice as bad as the two four-letter words debt and pain (or fill in your own four-letter words)  More...    More...


Forex Research - Market Soars on Obama Cabinet Picks
Global Forex Trading Saturday November 22, 2008 - 02:10:34 GMT

Market Soars on Obama Cabinet Picks Last Updated 11/21/2008 5:08:01 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

AUD/JPY (More...    More...


Forex News - CANADA FX DEBT-C$ rises, bonds droop on stock rally
Reuters Saturday November 22, 2008 - 02:01:45 GMT

Fri Nov 21, 2008 5:37pm EST * Canadian dollar gains 1.3 percent versus greenback * Domestic inflation eases sharply in October * Bonds unwind as stock market rallies By Cameron French TORONTO, Nov 21 (Reuters) - The Canadian dollar rose for
the first time in four sessions on Friday, helped by stronger
commodity prices and rallying stock markets, which took the
shine off the U  More...    More...



FX Blog- GVI Forex Market Snapshot for November 21, 2008
Global-View Friday November 21, 2008 - 21:11:33 GMT

21:08

 USD

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Forex Blog - US Market Update
Trade the News Staff Friday November 21, 2008 - 17:24:45 GMT

Today 11:40am

US Market Update

Dow +56 S&P +4.3 NASDAQ +6.5

- Early trading this morning has been volatile once again, with US indices opening higher, sagging into the red and then rallying back to positive territory  More...    More...


Forex Blog - No One Home at Treasury, Fed
Foreign Exchange Analytics Friday November 21, 2008 - 16:53:38 GMT

No One Home at Treasury, Fed

Nero may have fiddled while Rome burned, but US Treasury Secretary Paulson and Fed Chairman Bernanke might as well be on their way to Disneyland in some phantasmagorical celebration of having successfully stabilized the financial system  More...    More...


Forex Blog - FX Briefing - Euro: moderately weak
BHF-Bank Friday November 21, 2008 - 16:00:14 GMT

FX Briefing 21 November 2008

Highlights

·        US stocks fall to new lows

More...    More...


Forex Market Commentary and Analysis (21 November 2008)
GCI Financial Friday November 21, 2008 - 15:18:33 GMT

 

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1  More...    More...


Dollars Bulls Now Owe It to Tight Coupling
Black Swan Capital Friday November 21, 2008 - 14:27:29 GMT

Key News
• S&P 500's Worst-Ever Year Leaves 64 Industries, 483 Companies With Losses (Bloomberg)
• Putin Sparks Parlor Game on Whether He'll Oust Medvedev, Retake Presidency (Bloomberg)
• Volcker Tells Baseball Owners He Foresees Extended Economic Slump in U  More...    More...


FX Thoughts for the day - Evening - 21-Nov-2008 - 1212 GMT
FX Thoughts for the Day Friday November 21, 2008 - 12:15:53 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


FX Blog - EUR/USD Update
Global-View.com Friday November 21, 2008 - 11:52:55 GMT

For more information on GVI Forex Click Here

As posted on GVI Forex:

GVI Forex Jay 10:49 GMT November 21, 2008
eur/usd:

Nothing surprises me in this market as the pendulum swings once again from panic to relief  More...    More...


Forex Research - Euro Recovers as Equities Make a U Turn on Possible Citi Takeover
Global Forex Trading Friday November 21, 2008 - 11:06:52 GMT

  Euro Recovers as Equities Make a U Turn on Possible Citi Takeover Last Updated 11/21/2008 5:46:32 AM EST (GMT +5)

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Forex Blog - European Market Update: European PMI continue to register 'all-time' lows; Equities market stage 'relief rally' on chatter of Chinese rate cut rumor
Trade the News Staff Friday November 21, 2008 - 11:03:19 GMT

Today 05:59am European Market Update: European PMI continue to register 'all-time' lows; Equities market stage 'relief rally' on chatter of Chinese rate cut rumor

*** ECONOMIC DATA ***

- (FR) French Oct Consumer Spending M/M: -0  More...    More...


FX Blog- Market Snapshot- N.Y. Open for November 21, 2008
Global-View Friday November 21, 2008 - 10:41:48 GMT


10:38

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FX Blog- GVI Forex Analysis: N.Y. Open for November 21, 2008
Global-View Friday November 21, 2008 - 10:29:44 GMT

GVI Forex Analysis Thread: November 21, 2008
Pre-New York Open
  • Equities overseas have rebounded from their lows early in the day after the weak U.S. close on Thursday. The approaching weekend might have forced some to lighten up on their shorts  More...    More...


FOREX NEWS-Yen, dollar fall as equity mkts recover poise
Reuters Friday November 21, 2008 - 09:59:45 GMT

Fri Nov 21, 2008 4:23am EST

(Recasts, updates prices, adds quote and comment, changes byline and dateline. Previous: TOKYO)

* Citi merger talk, equity rebound prompt FX turnaround

* "Risk" currencies like sterling, Aussie and NZ dlrs rise

* General economic, financial distress likely to limit move

* Dlr up at 95  More...    More...


Forex Research - Dollar and Yen Soars on Liquidation and Repatriation
Global Forex Trading Thursday November 20, 2008 - 22:42:21 GMT

Dollar and Yen Soars on Liquidation and Repatriation Last Updated 11/20/2008 5:11:38 PM EST (GMT +5)

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FOREX NEWS-US dollar sinks vs yen, rises vs euro as stocks swoon
Reuters Thursday November 20, 2008 - 22:03:37 GMT

  Thu Nov 20, 2008 4:41pm EST   var storyKeywords = "MARKETS FOREX (UPDATE 7)"; var RTR_ArticleTitle = "FOREX-US dollar sinks vs yen, rises vs euro as stocks swoon"; var RTR_ArticleBlurb = " * Yen rallies as stocks fall, recession worries grow * US jobless claims spike, dollar gains vs high-yielders * Surprise Swiss interest rate cut hits Swiss franc * Still no deal for automakers * For up-to-the-minute market news, click on  More...    More...


Forex Market News - CANADA FX DEBT-C$ pummeled by commodities, stock rout
Reuters Thursday November 20, 2008 - 21:59:53 GMT

  Thu Nov 20, 2008 4:35pm EST   var storyKeywords = "MARKETS CANADA/DOLLAR BONDS"; var RTR_ArticleTitle = "CANADA FX DEBT-C$ pummeled by commodities, stock rout"; var RTR_ArticleBlurb = " * Canadian dollar falls 3.2 percent versus greenback * Bonds rally on safe-haven bid * Canada September wholesale trade rises unexpectedly By John McCrank TORONTO, Nov 20 (Reuters) - The Canadian dollar lost 2-1/2 U  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- November 20, 2008
Global-View Thursday November 20, 2008 - 21:18:33 GMT

21:14

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FX Research - Morning Report
Westpac Institutional Bank Thursday November 20, 2008 - 20:15:49 GMT

Morning Report 21 November 2008

 

News and views

 

Last night's market action was highly significant, and takes us into new trading territory  More...    More...


FX Blog- GVI Forex Analysis: Far East Open for November 21, 2008
Global-View Thursday November 20, 2008 - 20:13:13 GMT

GVI Forex Analysis Thread: November 21, 2008 : Reply   
Edit  Delete
Pre-Far East Open
  • Thursday was yet another difficult day for the markets. Politicians who apparently have no concept of the precarious state of the financial markets played brinksmanship with the bailout loan plan for the big three automakers  More...    More...


Forex Market Commentary and Analysis (20 November 2008)
GCI Financial Thursday November 20, 2008 - 18:21:57 GMT

 

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil November 20, 2008
Global-View Thursday November 20, 2008 - 17:00:24 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies (AUD, CAD and NZD) are sharply weaker vs. the USD. The USD is mixed to higher against the major currencies. Risk aversion has been in play today.
  • The carry trade funding currency JPY is higher vs  More...    More...


Forex Blog - US Market Update
Trade the News Staff Thursday November 20, 2008 - 16:59:24 GMT

Today 11:48am

US Market Update

Dow -59 S&P -11 NASDAQ +2

- The unremitting, disheartening economic news hammered US equity markets in the early going. The DJIA, S&P 500 and Nasdaq all traded at fresh multi-year lows  More...    More...


Swiss National Bank Surprises Market with Rate Cut
Forex Hound Thursday November 20, 2008 - 16:37:24 GMT

Early this morning the Swiss National Bank cut its key interest rate this morning.  The recession in the Euro Zone has weakened the Swiss economy to the point where the policymakers felt it was necessary to lower rates in an effort to stimulate the economy  More...    More...


Swiss National Bank Cuts Rate by 100 Basis Points
Larry Greenberg Thursday November 20, 2008 - 15:48:29 GMT

The Swiss National Bank cut its point target on 3-month Libor interest rate by 100 basis points to 1.0%, the center of a 0.5-1.5% range. This was the third reduction between scheduled policy assessment meetings last September and next December. The SNB holds less frequent interest rate policy meetings than most central banks  More...    More...


FX Blog - Market Observations
Global-View.com Thursday November 20, 2008 - 14:03:05 GMT

For more information on GVI Forex Click Here

As posted on GVI Forex:

GVI Forex Jay 11:24 GMT November 20, 2008
Observations::

- Void in leadership during transition has created a black hole in confidence. Where is Obama?
- yen and dollar continue to get the flows, chf is lagging as a safe haven, GBP buying program appears to be over
- Bounce in eur/gbp helping to steady eur/usd but above 1  More...    More...



$ vs. Crude…Hmmm! (9 July 2008 Issue)
Black Swan Capital Thursday November 20, 2008 - 13:04:06 GMT

Key News
• Oil prices fell below $53 to almost a two-year low . (AP)
• The yield on two-year US Treasury bonds hit a record low of 1.06 per cent, responding both to the fresh flight to safety and the prospect of lower interest rates  More...    More...


FX Thoughts for the day - Evening - 20-Nov-2008 - 1255 GMT
FX Thoughts for the Day Thursday November 20, 2008 - 13:01:55 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: Risk aversion back in a big way; Companies continue to announce plans to reduce output and employment
Trade the News Staff Thursday November 20, 2008 - 11:09:37 GMT

Today 05:54am

European Market Update: Risk aversion back in a big way; Companies continue to announce plans to reduce output and employment

*** ECONOMIC DATA ***

- (GE) German Oct Producer Prices M/M: 0  More...    More...


FX Blog- GVI Forex Analysis: N.Y. Open for November 20, 2008
Global-View Thursday November 20, 2008 - 10:41:32 GMT

Pre-GVI Forex Analysis: N.Y. Open for November 20, 2008

New York Open

  • Fear continues to rule in the financial markets. The yield on the two-year note has fallen to a new low of 1.07%, -2bps from its depressed levels on Wednesday  More...    More...


FOREX NEWS-Euro hits 1-week low vs yen, dlr, stocks struggle
Reuters Thursday November 20, 2008 - 10:04:01 GMT

Thu Nov 20, 2008 4:33am EST

* Euro hits one-week low vs dollar, yen on risk aversion

* Low-yielding yen gains broadly as stocks slide

* Fed pares economic outlook, further fuelling pessimism

(Changes dateline, byline, releads, changes throughout; previous TOKYO)

By Naomi Tajitsu

LONDON, Nov 20 (Reuters) - The euro hit a one-week low against the yen and the dollar on Thursday after a dim economic outlook from the Federal Reserve underlined dire global conditions, sparking fresh demand for lower-yielding currencies  More...    More...


Forex Research - Dollar Soars as S&P500 Hits 5 Year Lows
Global Forex Trading Wednesday November 19, 2008 - 22:18:06 GMT

Dollar Soars as S&P500 Hits 5 Year Lows Last Updated 11/19/2008 4:57:00 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

AUD/JPY (More...    More...


FOREX NEWS-US dollar slips against yen, up versus euro
Reuters Wednesday November 19, 2008 - 21:41:20 GMT

Wed Nov 19, 2008 4:37pm EST

* Fear of global slowdown lifts yen and dollar

* U.S. consumer prices tumble in October

* US auto sector, commercial property a worry

* For up-to-the-minute market news, click on FXNEWS (Updates prices, adds comment, changes byline)

By Gertrude Chavez-Dreyfuss

NEW YORK, Nov 19 (Reuters) - The U  More...    More...


Forex Market News - CANADA FX DEBT-C$ dives below 80 U.S. cents
Reuters Wednesday November 19, 2008 - 21:38:50 GMT

Wed Nov 19, 2008 4:26pm EST * Canadian dollar falls 1.8 percent versus greenback * Bank of Canada governor sees greater risk of recession * Economic malaise spurs safe-haven rally in bonds By John McCrank TORONTO, Nov 19 (Reuters) - The Canadian dollar closed
below 80 U  More...    More...



FX Blog- Market Snapshot for November 19, 2008
Global-View Wednesday November 19, 2008 - 21:12:07 GMT

21:05

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FX Blog- GVI Forex Analysis: Far East Open for November 20, 2008
Global-View Wednesday November 19, 2008 - 20:49:48 GMT

Pre-Far East Open
  • Risk aversion was back on the table on Wednesday. Concerns about the global economy were most evident in equity and fixed income markets. The financial services stocks were particularly hard hit.
  • Forex markets to go nowhere fast on Wednesday  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Wednesday November 19, 2008 - 20:27:02 GMT

Morning Report Thursday 20 November 2008

 

News and views

Currencies remain rangebound, with the overall trend dictated by major global equity markets, and punctuated by the occasional large foreign exchange transaction (such as occurred last night in Europe)  More...    More...


Forex Blog - US Market Update
Trade the News Staff Wednesday November 19, 2008 - 17:50:30 GMT

Today 11:47am

US Market Update

Dow -199 S&P -26 NASDAQ -47

- US equity indices are making fresh lows, bringing last week's intra-day lows back into play following record lows in new building permits and the first negative CPI reading since 1982, raising the ugly specter of deflation  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil November 19, 2008
Global-View Wednesday November 19, 2008 - 15:47:21 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies (AUD, CAD and NZD) are trading mixed to higher vs. the USD. The NZD was last about steady on the day. The USD is mixed to lower against the major currencies.
  • The carry trade funding currency JPY is steady vs  More...    More...


Forex Market Commentary and Analysis (19 November 2008)
GCI Financial Wednesday November 19, 2008 - 15:22:03 GMT

 

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1  More...    More...


Uninspired Moves in a Meandering Market
Black Swan Capital Wednesday November 19, 2008 - 15:06:22 GMT

Key News
• Russia Spent $57.5 Billion Backing Ruble in September, October, Bank Says (Bloomberg)
• Ireland Planning `Huge' Bank Rescue Plan: Irish Independent Link
• S&P 500 Failure to Rebound From `Retest' Points to New Lows, Charts Show (Bloomberg)

Key Reports Due (WSJ):
8:30a  More...    More...


FX Blog - YEN Update
Global-View.com Wednesday November 19, 2008 - 14:00:34 GMT

For more information on GVI Forex Click Here

As posted on GVI Forex:

GVI Forex Jay 11:03 GMT November 19, 2008
YEN: 

Another day, another stock watching day for the yen? In any case, ranges continue to compress as triangle extremes narrow and momentum slows  More...    More...



Pressure Mounting for Action by the Bank of Japan
Forex Hound Wednesday November 19, 2008 - 13:04:42 GMT

Japanese Yen traders fear an intervention by the Bank of Japan if the Yen continues to appreciate.  The problem is no one knows at which level the Bank of Japan will act.  Traders cite the recent forecasts by Japanese automakers of profit declines in 2009 as the main reason for the need for an intervention at this time  More...    More...


FOREX NEWS-Yen broadly supported by economic fears
Reuters Wednesday November 19, 2008 - 12:36:05 GMT

Wed Nov 19, 2008 7:25am EST

* Economy, equity caution lifts yen, supports dollar

* Euro <EUR=> flat at $1.2622, dlr index .DXY unchanged

* Sterling <GBP=> rises, shakes off BoE minutes

(Adds quotes, updates prices)

By Naomi Tajitsu

LONDON, Nov 19 (Reuters) - The yen strengthened broadly while the dollar steadied on Wednesday as deepening unease about the world economy put stock markets back under downward pressure  More...    More...


FX Thoughts for the day - Evening - 19-Nov-2008 - 1145 GMT
FX Thoughts for the Day Wednesday November 19, 2008 - 11:50:00 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 

USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: OIL probes $53.50 as Cairo meeting unlikely to implement output cuts; BOE voted 9 to 0 to cut rates by 150bps back on Nov 6th; more cuts likely needed
Trade the News Staff Wednesday November 19, 2008 - 11:27:30 GMT

Today 06:02am European Market Update: OIL probes $53.50 as Cairo meeting unlikely to implement output cuts; BOE voted 9 to 0 to cut rates by 150bps back on Nov 6th; more cuts likely needed

*** ECONOMIC DATA ***

- (SP) Spanish Q3 GDP Q/Q: -0  More...    More...


Forex Research - Euro Quiet as Volatility Cools –Upside to Come?
Global Forex Trading Wednesday November 19, 2008 - 11:14:23 GMT

Euro Quiet as Volatility Cools –Upside to Come? Last Updated 11/19/2008 5:55:49 AM EST (GMT +5)

Top Stories

  • WSJ poll most back NY FedGeithner Treasury Sec
  • MPC votes 9-0 and sends dovish message to the market
  • Nikkei mildly lower Europe follows in lackluster trade
  • Nomura’s Watanabe strong yen good for M&A flows
  • Trichet – Euro membership up to UK
  • Oil at $53  More...    More...


FX Blog- GVI Forex Market Snapshot Europe Mid-Session: November 19, 2008
Global-View Wednesday November 19, 2008 - 10:37:12 GMT

10:34

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FX Blog- GVI Forex Analysis: N.Y. Open for November 19, 2008
Global-View Wednesday November 19, 2008 - 10:26:58 GMT

Pre-New York Open
  • Markets seem to be waiting for something, but its not clear what. Whatever they are waiting for hopefully will provide some stable direction. Trading off equity indices is proving to be a difficult task.
  • Not much direction is likely to be coming from Washington as a major political transition is underway with increased Democrat control of the Congress and a new President are waiting in the wings  More...    More...


Forex Research - US Dollar: Paulson Comments Are Big Disappointment
Global Forex Trading Tuesday November 18, 2008 - 22:37:40 GMT

US Dollar: Paulson Comments Are Big Disappointment Last Updated 11/18/2008 4:49:34 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

NZD/JPY ( More...    More...


FOREX NEWS-Dollar rises; investors remain wary of too much risk
Reuters Tuesday November 18, 2008 - 22:21:16 GMT

Tue Nov 18, 2008 5:00pm EST

* Dollar posts modest gains but ends off session highs

* Late afternoon stock rally limits dollar strength

* U.S. capital inflows surge to near 3-year highs

* Weak US data stokes concern; investors watch automakers

* For up-to-the-minute market news, click on FXNEWS (Recasts; adds comment, details; changes byline)

By Steven C  More...    More...


Forex Market News - CANADA FX DEBT-C$ knocked back down on recession worries
Reuters Tuesday November 18, 2008 - 22:18:59 GMT

Tue Nov 18, 2008 4:29pm EST * Canadian dollar falls to lowest close in a week * Nagging concerns about global recession blamed for drop * Most bond prices follow U.S. debt market to higher close By Frank Pingue TORONTO, Nov 18 (Reuters) - The Canadian dollar closed at its lowest level in a week against the U  More...    More...


FX Blog- GVI Forex Market Snapshot for November 18, 2008
Global-View Tuesday November 18, 2008 - 21:07:42 GMT

21:05

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FX Blog- GVI Forex Analysis: Far East Open for November 18, 2008
Global-View Tuesday November 18, 2008 - 20:25:31 GMT

Pre-Far East Open
  • One focus of trade today was House testimony by Secretary Paulson, Fed Chairman Bernanke and FDIC Chief Bair. Not much progress was made on the TARP program update, but Paulson did make the point that the financial system has been stabilized  More...    More...


Forex Research - Morning Report
Westpac Institutional Bank Tuesday November 18, 2008 - 20:06:08 GMT

Morning Report Wednesday 19 November 2008

 

News and views

Following the pattern of recent weeks, non-US currencies tracked the equity indices closely overnight  More...    More...


Forex Blog - US Market Update
Trade the News Staff Tuesday November 18, 2008 - 17:18:56 GMT

Today 11:59am

US Market Update

Dow +173 S&P +13 NASDAQ +11.5

- Indices are making cautious advances in early trading this morning, helped along by a vote of confidence in HP's preliminary Q4 results  More...    More...


Forex Market Commentary and Analysis (18 November 2008)
GCI Financial Tuesday November 18, 2008 - 16:31:53 GMT

 

The euro moved marginally lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil November 18, 2008
Global-View Tuesday November 18, 2008 - 16:02:46 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies (AUD and NZD) are trading higher vs. the USD. The CAD was last about steady on the day. The USD is mixed to higher against the major currencies.
  • The JPY is weaker vs. the USD. This comes following higher stocks  More...    More...


Bank of Japan Could Be a Factor if Yen Continues to Appreciate
Forex Hound Tuesday November 18, 2008 - 14:03:05 GMT

The Japanese Yen is trading higher this morning once again because of the weakness in the global equity markets.  Traders are buying the Yen despite the fact that Japan’s economy has officially entered into a recession.  Traders are shunning risk at this time and favoring the safety of the Yen  More...    More...


FX Thoughts for the day - Evening - 18-Nov-2008 - 1212 GMT
FX Thoughts for the Day Tuesday November 18, 2008 - 12:17:48 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


FOREX NEWS-Euro slips, dragged lower by weak shares
Reuters Tuesday November 18, 2008 - 11:53:15 GMT

Tue Nov 18, 2008 6:29am EST

* Euro/dollar <EUR=> slips 0.3 pct to $1.2605

* Weak shares support dollar as investors dump risky assets

* ECB's Trichet to speak later in the day (Adds comment, updates throughout)

By Naomi Tajitsu

LONDON, Nov 18 (Reuters) - The euro fell against the dollar and the yen on Tuesday, as a stream of evidence that the global economy is continuing to suffer kept demand intact for unwinding risky positions in favour of low-yielding currencies  More...    More...


Forex Blog - European market Update: UK inflation falls at its fastest rate in 11 years; Equities heavy on expectations that TARP unlikely to be tapped again until Obama takes over Presidency
Trade the News Staff Tuesday November 18, 2008 - 11:50:31 GMT

Today 06:06am

European market Update: UK inflation falls at its fastest rate in 11 years; Equities heavy on expectations that TARP unlikely to be tapped again until Obama takes over Presidency

*** ECONOMIC DATA ***

- (SZ) Swiss Sept Retail Sales Y/Y: 6  More...    More...


Forex Research - Pound Struggles at 1.50 as Traders Assess UK Risk
Global Forex Trading Tuesday November 18, 2008 - 11:47:41 GMT

Pound Struggles at 1.50 as Traders Assess UK Risk Last Updated 11/18/2008 6:15:52 AM EST (GMT +5)

Top Stories

  • Stocks weaker as rebound hopes fade
  • Berlin may be ready to give Opel $1 Billion guarantee despite Gm concerns
  • White House opposes automaker bailout
  • Citi – 50K slash in jobs hard 09 seen
  • Oil below $55/bbl
  • Gold at $735 oz

Overnight Eco


FX Blog- Market Snapshot Europe Mid-Session for November 18, 2008
Global-View Tuesday November 18, 2008 - 10:35:08 GMT


10:31

 USD

pips

10yr

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GVI Forex Analysis Thread: November 18, 2008
Global-View Tuesday November 18, 2008 - 10:30:27 GMT

Pre-New York Open
  • Risk-aversion has been back on the table Tuesday, as key global equities continue to probe for a floor. Traders are now facing the danger of an “L-shaped” recovery rather than a “V” or a “U”. The lackluster outcome of the G20 meeting has fueled these fears  More...    More...


Forex Research - Is the Dollar Rally Over?
Global Forex Trading Monday November 17, 2008 - 22:46:00 GMT

Is the Dollar Rally Over? Last Updated 11/17/2008 5:12:46 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

GBP/CHF (More...    More...


Forex Market News - CANADA FX DEBT-Canadian dollar, bonds rise on weak data
Reuters Monday November 17, 2008 - 22:20:47 GMT

Mon Nov 17, 2008 5:11pm EST * C$ rises 0.2 percent, reverses early losses * Bonds up on weak data from U.S., Japan By Cameron French TORONTO, Nov 17 (Reuters) - The Canadian dollar ended
higher against the U.S. currency on Monday, rebounding from
morning lows as the greenback retreated broadly following weak
U  More...    More...



FOREX NEWS-Dollar falls vs yen on global recession fears
Reuters Monday November 17, 2008 - 22:08:40 GMT

Mon Nov 17, 2008 4:39pm EST

* Yen rises, US manufacturing drop adds to recession woes

* G20 meeting seen long on rhetoric, short on specifics

* Risk aversion still intact as stocks slide

* Japan in recession; survey shows US in recession as well (Adds comment, updates prices, changes byline)

By Gertrude Chavez-Dreyfuss

NEW YORK, Nov 17 (Reuters) - The dollar fell against the Japanese yen on Monday, as weak U  More...    More...


FX Blog- GVI Forex Analysis: Far East Open for November 18, 2008
Global-View Monday November 17, 2008 - 20:33:34 GMT

VI Forex Analysis Thread: November 18, 2008 Pre-Far East Open
  • Traders were remarkably cautious on Monday in N.Y. The lackluster outcome of the G20 meeting was unsurprising, but still a disappointment. Apart from a lot of hot air, they decided to meet before the end of April  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Monday November 17, 2008 - 19:49:57 GMT

Morning Report Tuesday 18 November 2008

 

News and views

Currency markets were largely subdued after the New Zealand close, with the US equity markets again driving most of the movement  More...    More...


Forex Blog - US Market Update
Trade the News Staff Monday November 17, 2008 - 17:55:43 GMT

Today 11:39am

US Market Update

Dow -144 NASDAQ -20.5 S&P -13.7

- US indices opened weaker this morning, weighed down by the confirmation of large job cuts at Citigroup, a gloomy outlook from the Philly Fed and soft Empire manufacturing data  More...    More...


G-20: No new structures—maybe a reality bite!
Black Swan Capital Monday November 17, 2008 - 17:55:13 GMT

Key News
• The Japanese economy entered its first recession in seven years, as growth declined for the second quarter running by a wider margin than expected, raising fears the situation could deteriorate amid the global downturn. (FT)
• Mining companies -- which couldn't dig minerals out of the earth fast enough just a few months ago -- now are struggling to climb out of a very deep hole  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil November 17, 2008
Global-View Monday November 17, 2008 - 15:57:29 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies (AUD and NZD) are trading mixed vs. the USD. Currently from Friday closes, the largest move now is the lower CAD. The USD is broadly mixed against the major currencies.
  • The JPY is about steady despite lower stocks  More...    More...


Lack of Direction from G-20 Meeting Triggers Rally in British Pound
Forex Hound Monday November 17, 2008 - 14:49:03 GMT

The weekend ended in disappointment as the G-20 meeting yielded little concrete solutions to the financial crisis that is gripping the world.  The G-20 nations did issue a statement basically blaming investors who “sought higher yields without an adequate appreciation of the risks  More...    More...


Forex Blog - Economics Weekly - How low can sterling go? Weekly economic data preview - BoE & Fed minutes due as expectations of further rate cuts rise
Lloyds TSB Financial Markets Monday November 17, 2008 - 14:18:58 GMT

Economics Weekly 17 November 2008

 

How low can sterling go?


The pound has been falling sharply in the past year  More...    More...


FX Thoughts for the day - Evening - 17-Nov-2008 - 1215 GMT
FX Thoughts for the Day Monday November 17, 2008 - 12:18:28 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


FOREX NEWS-Dlr falls broadly on stg bounce, risk aversion intact
Reuters Monday November 17, 2008 - 11:55:33 GMT

Mon Nov 17, 2008 6:51am EST

* Dlr falls broadly; driven largely by sterling gains <GBP=>

* G20 meeting seen long on rhetoric, short on specifics

* Risk aversion intact; stock markets on defensive

* Japan slips into recession in Q3

(releads, adds quotes, updates prices)

By Veronica Brown

LONDON, Nov 17 (Reuters) - The dollar fell on Monday, driven largely by a bounce in sterling, but risk-averse positions were seen staying in favour after the weekend G20 meeting failed to yield specific action to restore global market confidence  More...    More...


Forex Blog - European Market Update: European currencies rebound on 'profit-taking; Commodities remain soft on continued global demand concerns
Trade the News Staff Monday November 17, 2008 - 11:09:40 GMT

Today 05:51am

European Market Update: European currencies rebound on 'profit-taking; Commodities remain soft on continued global demand concerns

*** ECONOMIC DATA ***

- (FR) bank of France Oct Business Sentiment: 77 v 85e; BOF sees Q4 GDP at -0  More...    More...


FX Blog- GVI Forex Market Snapshot Europe Mid-Session: November 17, 2008
Global-View Monday November 17, 2008 - 10:52:22 GMT

GVI Forex Analysis Thread: November 17, 2008 : Reply   
Edit  Delete

10:48

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FX Blog- GVI Forex Analysis: N.Y.Close for November 17, 2008
Global-View Monday November 17, 2008 - 10:37:47 GMT

GVI Forex Analysis Thread: November 17, 2008
Pre-New York Open
  • The lack of a definitive outcome from the G20 meeting over the weekend was unsurprising, but still a disappointment to some. Inessence the group decided to meet again before the end of April  More...    More...


Forex Market Commentary and Analysis (17 November 2008)
GCI Financial Monday November 17, 2008 - 06:36:00 GMT

 

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Sunday November 16, 2008 - 20:48:40 GMT

Morning Report  16 November 2008

 

News and views

Currencies continued to look to equity markets for direction, ensuring another rollercoaster ride on Friday night  More...    More...


Forex Blog - The Economy Gets a Margin Call
Thoughts from the Frontline Sunday November 16, 2008 - 14:11:52 GMT

The Economy Gets a Margin Call
November 15, 2008
The Economy Gets a Margin Call
Where Have All the Consumers Gone?
Why Is the Dollar Rising?
Can We Actually Muddle Through?
The Potential for a Large Stock Market Rally
Is GM too Big to Let Fail?
New York, Moving, and Another One Leaves the Nest

As long-time readers know, my daughter Tiffani and I are interviewing millionaires for a book we will be writing called Eavesdropping on Millionaires  More...    More...


FX Blog- GVI Month Ahead Interest Rate Forecasts 16 November 2008
Global-View Saturday November 15, 2008 - 15:54:16 GMT

November 16, 2008

Forex Forecast of Major Currency Pairs

The Global-View.com Month Ahead Currency Outlook is prepared weekly by the trading professionals at GVI Forex  More...    More...


Forex Research - A “Need for Urgency” May Not Be Enough to Organize a Global Recessionary Fight
Global Forex Trading Friday November 14, 2008 - 22:11:48 GMT

A “Need for Urgency” May Not Be Enough to Organize a Global Recessionary Fight Last Updated 11/14/2008 4:54:32 PM EST (GMT +5)

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Forex Market News - CANADA FX DEBT-Canada dollar falls on weak oil, equities
Reuters Friday November 14, 2008 - 22:09:14 GMT

Fri Nov 14, 2008 4:56pm EST    * C$ slides 1.1 percent * Canada manufacturer shipments unexpectedly up 0.1 pct * Bond prices rise on weak U.S. data, falling stocks By Cameron French TORONTO, Nov 14 (Reuters) - The Canadian dollar retreated versus the U  More...    More...


FOREX NEWS-Weak data, stocks boost dollar, yen; eyes on G20
Reuters Friday November 14, 2008 - 21:25:37 GMT

Fri Nov 14, 2008 4:01pm EST

* Dollar, yen underpinned by safe-haven demand

* GDP data confirms euro zone in recession

* Weaker stocks, soft U.S. data dampen risk demand

* Investors eye G20 meeting in Washington

* For up-to-the-minute market news, click on FXNEWS (Recasts, updates prices, changes byline)

By Nick Olivari

NEW YORK  More...    More...


FX Blog- GVI Forex Analysis: N.Y.Close for November 14, 2008
Global-View Friday November 14, 2008 - 21:21:13 GMT

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Forex Blog - US Market Update
Trade the News Staff Friday November 14, 2008 - 16:50:23 GMT

Today 11:35am

US Market Update

Dow -257 S&P -31 NASDAQ -61

- Early stock trading on the NYSE received a boost when the FDIC unveiled a plan to modify 2  More...    More...


FX Briefing - Pound nears all-time lows
BHF-Bank Friday November 14, 2008 - 15:53:12 GMT

FX Briefing 14 November 2008

·        Highlights

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Nov 14th FXDD Market Update Video - Last trading day of the week.
FXDD Friday November 14, 2008 - 15:42:54 GMT

The FXDD Morning Commentary can also be accessed by clicking on the following link:

http://forex.fxdd.com/node/7615/edit

Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits  More...    More...



Forex Trading: USDCHF remains bullish as it tracks higher
FXDD Friday November 14, 2008 - 15:27:02 GMT

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Canadian Dollar Forming Bottom
Forex Hound Friday November 14, 2008 - 14:58:08 GMT

If you have not noticed, most commodity markets have, for the most part, been holding the lows established over the last two to four weeks.  Soybeans are holding the low put in on October 16, Gold and Wheat are holding their lows from October 24, and Coffee is holding its low from October 27  More...    More...


Our Euro Comments: A Nasty Head-Fake
Black Swan Capital Friday November 14, 2008 - 14:45:48 GMT

Key News
• Europe Falls Into First Recession in 15 Years as Financial Crisis Deepens (Bloomberg)
• G-20 Leaders May Agree on Stimulus, Little Else as Bush Prepares His Exit (Bloomberg)

Key Reports Due (WSJ):
8:30a.m. Oct Import Prices: Expected: -4  More...    More...


FOREX NEWS-Euro/dlr falls; euro zone slips into recession
Reuters Friday November 14, 2008 - 12:58:46 GMT

Fri Nov 14, 2008 7:10am EST

* Euro/dlr <EUR=> down 1 pct at $1.2688

* GDP data confirms single currency zone in recession

* Higher European shares do little to boost risk demand

* Investors await G20 meeting in Washington

(releads, adds quotes, updates pries)

By Veronica Brown

LONDON, Nov 14 (Reuters) - The euro fell against the dollar and the yen on Friday, brushing off a rise in European shares with risk aversion running high as data confirmed the single currency zone had slid into recession  More...    More...


FX Thoughts for the day - Evening - 14-Nov-2008 - 1210 GMT
FX Thoughts for the Day Friday November 14, 2008 - 12:15:04 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European market Update: Equity Dealers banking on history for possible 'bottom' in prices; G20 summit likely to disappoint
Trade the News Staff Friday November 14, 2008 - 11:04:31 GMT

Today 05:52am

European market Update: Equity Dealers banking on history for possible 'bottom' in prices; G20 summit likely to disappoint

*** ECONOMIC DATA ***

- (GE) German Oct Final CPI M/M: -0  More...    More...


Forex Research - No Follow Through Rally - Euro Drifts Lower All Night
Global Forex Trading Friday November 14, 2008 - 10:45:48 GMT

No Follow Through Rally - Euro Drifts Lower All Night Last Updated 11/14/2008 5:21:35 AM EST (GMT +5)

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FX Blog- GVI Forex Analysis: N.Y. Open for November 14, 2008
Global-View Friday November 14, 2008 - 10:27:44 GMT

 Pre-New York Open
  • The focus is back on the U.S. following the late afternoon surge in equity prices on Thursday. Most are prepared for a correction today into the weekend, and are dismissing the move as a bear market rally. Mainly weak u  More...    More...


Forex Market Commentary and Analysis (14 November 2008)
GCI Financial Friday November 14, 2008 - 08:11:40 GMT

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2705 level and was capped around the $1  More...    More...


Forex Market News - CANADA FX DEBT-C$ jumps on equity rally, higher oil
Reuters Friday November 14, 2008 - 00:34:19 GMT

Thu Nov 13, 2008 4:54pm EST * C$ rebounds after falling for three days * Oil rises 4 percent * Bond prices drop as stocks surge By Cameron French TORONTO, Nov 13 (Reuters) - The Canadian dollar rose for
the first time in four days on Thursday, catching fire late in
the session as oil prices rose and rallying stock markets
whetted the market's appetite for risk, prompting a shift away
from the safe haven of the U  More...    More...



Forex Research - Has the US Dollar Hit a Top or is this a Mirage?
Global Forex Trading Thursday November 13, 2008 - 22:58:45 GMT

Has the US Dollar Hit a Top or is this a Mirage? Last Updated 11/13/2008 5:21:52 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

 AUD/JPY ( More...    More...


FOREX NEWS-Dollar falls vs euro as stocks rally; yen tumbles
Reuters Thursday November 13, 2008 - 22:56:44 GMT

  Thu Nov 13, 2008 4:22pm EST

* Dollar slips vs euro on strong US equities, yen tumbles

* Germany enters recession, U.S. jobless claims surge

* Sterling hits 6-1/2-year low against dollar at $1.4767

* For up-to-the-minute market news, click on FXNews (Recasts; adds comments, changes byline)

By Vivianne Rodrigues

NEW YORK, Nov 13 (Reuters) - The U  More...    More...


FX Blog- GVI Forex Analysis Market Snapshot- November 13, 2008
Global-View Thursday November 13, 2008 - 21:25:14 GMT

21:20

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FX Research - Morning Report
Westpac Institutional Bank Thursday November 13, 2008 - 20:18:20 GMT

Morning Report  14 November 2008

 

News and views

 

A virtual repeat of previous sessions, with the major currencies marking time until US equity markets opened, then following in lockstep  More...    More...


FX Blog- GVI Forex Analysis: November 14, 2008
Global-View Thursday November 13, 2008 - 19:41:20 GMT

GVI Forex Analysis Thread: November 14, 2008 :
Pre Far East Open
  • The focus was back on the U.S. with the key weekly jobless claims on the oprn surpassing the psychological 500,000 line. They are seen by many as the most current indicator of the strength or weakness) of the economy  More...    More...


Forex Blog - US Market Update
Trade the News Staff Thursday November 13, 2008 - 17:37:43 GMT

Today 11:47am

US Market Update

Dow -30 S&P -1.4 NASDAQ -14

- Before the bell US equity futures recouped some of yesterday's losses, but since the NYSE open stocks have struggled to hold onto gains  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil November 13, 2008
Global-View Thursday November 13, 2008 - 16:54:43 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies (AUD and NZD) are trading mixed vs. the USD. The USD is broadly mixed against the major currencies.
  • The JPY is weaker on stable stocks and on a neutral risk aversion profile by the markets  More...    More...


FX Thoughts for the day - Evening - 13-Nov-2008 - 1243 GMT
FX Thoughts for the Day Thursday November 13, 2008 - 12:50:15 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - Capital Market Failure Argues for Monetary and Fiscal Nuclear Option
Foreign Exchange Analytics Thursday November 13, 2008 - 11:14:36 GMT

Capital Market Failure Argues for Monetary and Fiscal Nuclear Option

 

I said from the get go that TARP was a down payment on the financial crisis or bank panic of 2008  More...    More...


Forex Blog - European Market Update: Germany is 'officially' in recession; IEA slashes 2009 world oil demand on global recession concerns
Trade the News Staff Thursday November 13, 2008 - 11:01:43 GMT

Today 05:56am

European Market Update: Germany is 'officially' in recession; IEA slashes 2009 world oil demand on global recession concerns

*** ECONOMIC DATA ***

- (GE) German Q3 Preliminary GDP Q/Q: -0  More...    More...


FX Blog- GVI Forex Analysis: N.Y. Open for November 13, 2008
Global-View Thursday November 13, 2008 - 10:49:05 GMT

10:43

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Forex Research - Euro Stages A Comeback Despite Horrid German GD
Global Forex Trading Thursday November 13, 2008 - 10:43:25 GMT

Euro Stages A Comeback Despite Horrid German GDP
Last Updated 11/13/2008 5:12:38 AM EST (GMT +5)

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Forex Market Commentary and Analysis (13 November 2008)
GCI Financial Thursday November 13, 2008 - 10:26:54 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2540 level and was supported around the $1  More...    More...


FOREX NEWS-Yen retreats but keeps firm tone; Germany in recession
Reuters Thursday November 13, 2008 - 10:11:39 GMT

Thu Nov 13, 2008 4:47am EST

* Yen falls vs dollar, euro as stock markets recover poise

* Structural risk aversion intact; Germany enters recession

* Sterling hits 6-1/2-year low vs dollar at $1.4807

* RBA intervenes to prop up sliding Aussie

(Recasts, changed dateline, byline, adds quotes, updates prices PVS TOKYO)

By Veronica Brown

LONDON, Nov 13 (Reuters) - The yen fell against the dollar and euro on Thursday with wary investors finding respite from deleveraging as European shares steadied, but global economic worries remained, keeping overall risk aversion intact  More...    More...


FX Blog- GVI Weekly Interest Rate Forecasts 12 November 2008
Global-View Wednesday November 12, 2008 - 23:19:36 GMT

November 12, 2008

Monetary Policy Forecasts for Major Economies

The Global-View.com Monetary Policy Outlook is prepared weekly by the trading professionals at GVI Forex  More...    More...


Forex Research - Paulson’s Shift on TARP Exacerbates Global Unwind
Global Forex Trading Wednesday November 12, 2008 - 22:50:00 GMT

Paulson’s Shift on TARP Exacerbates Global Unwind Last Updated 11/12/2008 4:59:28 PM EST (GMT +5)

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Forex Market News - CANADA FX DEBT-C$ closes lower as oil skids
Reuters Wednesday November 12, 2008 - 22:16:14 GMT

Wed Nov 12, 2008 4:59pm EST * Canadian dollar hits two-week low * Slide in oil blamed for weak currency * Bond prices mostly higher as stocks selloff By Jennifer Kwan TORONTO, Nov 12 (Reuters) - The Canadian dollar closed
lower versus the U  More...    More...



FOREX NEWS-Yen rallies as stocks sell off; pound tumbles
Reuters Wednesday November 12, 2008 - 21:24:35 GMT

Wed Nov 12, 2008 4:11pm EST

* Yen soars across the board, dollar/yen falls below 95

* Treasury's Paulson backs off plan to buy toxic assets

* U.S. stocks tumble 5 percent after Paulson's comments

* Sterling hits 6-1/2-yr low vs dollar, record low vs euro

* For up-to-the-minute market news, click on FXNews (Recasts, adds quotes, changes byline)

By Vivianne Rodrigues

NEW YORK, Nov 12 (Reuters) - The U  More...    More...


FX Blog- GVI Forex Market Snapshot for November 12, 2008
Global-View Wednesday November 12, 2008 - 21:23:08 GMT

21:12

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FX Blog- GVI Forex Analysis Thread: November 13, 2008
Global-View Wednesday November 12, 2008 - 20:56:10 GMT

GVI Forex Analysis Thread: November 13, 2008-
Far East Open
  • The BOE quarterly inflation report was a major development Wednesday as it kept open the door for additional aggressive ease in the near future. The GBP tumbled vs. the USD and on its crosses in response  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Wednesday November 12, 2008 - 20:33:13 GMT

Morning Report Thursday 13 November 2008

 

News and views

Overnight price action was a virtual rerun of the previous two days, with riskier currencies holding their ground against the USD until the minute that US equity markets opened  More...    More...


Forex Blog - US Market Update
Trade the News Staff Wednesday November 12, 2008 - 17:43:35 GMT

Today 11:50am

US Market Update

Dow -307 S&P -32 NASDAQ -46

- Equity indices around the world remain under pressure as uncertainty abounds. Risk aversion continues to rear its head as showing by the rallying greenback and yen  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil November 12, 2008
Global-View Wednesday November 12, 2008 - 16:16:48 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies (AUD and NZD) are trading much weaker vs. the USD, as the USD has broadly improved on another bout of risk aversion.
  • The JPY is firmer on weaker stocks and the increased risk aversion flows  More...    More...


Lower Demand from China Signals Wider, Deeper Global Recession.
Forex Hound Wednesday November 12, 2008 - 14:42:50 GMT

Look for a lower trade today as the EUR USD should continue to feel selling pressure as traders are shunning the higher yielding, riskier Euro.  Expectations that the recession affecting the Euro Zone will continue to deepen is driving traders to the safety of the Dollar  More...    More...


Von Mises doesn’t think much of ZIRP!
Black Swan Capital Wednesday November 12, 2008 - 13:59:41 GMT

Key News
• A number of deals designed to cure the global financial crisis were in danger of unraveling on Wednesday, with losses mounting at banks and economies showing further signs of serious deterioration. (Reuters)
• The World Bank is set to provide up to $100bn in new aid to developing countries  More...    More...


FOREX NEWS-Euro pares gains on weak data, stg down on BoE
Reuters Wednesday November 12, 2008 - 13:07:40 GMT

Wed Nov 12, 2008 7:44am EST

* Euro/dollar pares early gains, pressured by weak data

* Shaky stocks keep risk aversion high, supporting dlr, yen

* Sterling hits 6-yr low vs dollar after grim BoE forecast

* Pound hits record low vs euro <EURGBP=> at 82  More...    More...


FX Thoughts for the day - Evening - 12-Nov-2008 - 1240 GMT
FX Thoughts for the Day Wednesday November 12, 2008 - 12:41:32 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: BOE signals more rate cuts could come; UK Claimant count is the highest MoM change since Dec 1992
Trade the News Staff Wednesday November 12, 2008 - 11:39:08 GMT

Today 06:03am

European Market Update: BOE signals more rate cuts could come; UK Claimant count is the highest MoM change since Dec 1992

*** ECONOMIC DATA ***

- (SP) Spanish Oct CPI M/M: 0  More...    More...


FX Blog- GVI Market Snapshot- Europe Mid-Session for November 12, 2008
Global-View Wednesday November 12, 2008 - 10:53:10 GMT

10:50

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Forex Research - Sterling Hits 12 Year Lows – 1.50 Next?
Global Forex Trading Wednesday November 12, 2008 - 10:48:46 GMT

Sterling Hits 12 Year Lows – 1.50 Next? Last Updated 11/12/2008 5:37:38 AM EST (GMT +5)

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FX Blog- GVI Forex Analysis: N.Y. Open for November 12, 2008
Global-View Wednesday November 12, 2008 - 10:38:00 GMT

GVI Forex Analysis Thread: November 12, 2008
New York Open
  • The just-released BOE quarterly inflation report has left the door open for additional aggressive ease in the near future.
  • N.Y. markets return to full strength today foolowing the Tuesday partial holiday  More...    More...


Forex Market Commentary and Analysis (12 November 2008)
GCI Financial Wednesday November 12, 2008 - 06:49:35 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2605 level and was supported around the $1  More...    More...


Forex Research - USD: Good News Versus Bad News
Global Forex Trading Tuesday November 11, 2008 - 23:30:41 GMT

USD: Good News Versus Bad News Last Updated 11/11/2008 5:36:49 PM EST (GMT +5)

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Forex Market News - CANADA FX DEBT-C$ rattled by steep slide in oil prices
Reuters Tuesday November 11, 2008 - 23:16:47 GMT

Tue Nov 11, 2008 4:29pm EST * C$ unable to hold on to early-session gains * Gloomy market sentiment weighs on currency * Bond market closed for Remembrance Day By Frank Pingue TORONTO, Nov 11 (Reuters) - The Canadian dollar closed
lower versus the U  More...    More...



FOREX NEWS-Dollar rises to 2-week highs on global growth worries
Reuters Tuesday November 11, 2008 - 23:14:57 GMT

Tue Nov 11, 2008 3:59pm EST

* Dollar rises to two-week high vs basket of currencies

* Dollar, yen underpinned by global growth worries

* Sterling hits record low vs euro

* For up-to-the-minute market news, please click FXNews

(Recasts, adds comments, changes byline)

By Vivianne Rodrigues

NEW YORK, Nov 11 (Reuters) - The U  More...    More...


FX Blog- GVI Forex Market Snapshot for November 11, 2008
Global-View Tuesday November 11, 2008 - 21:07:45 GMT

21:04

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Forex Blog - Morning Report
Westpac Institutional Bank Tuesday November 11, 2008 - 20:34:43 GMT

Morning Report  12 November 2008

 

News and views

Investors retreated further from risk during a holiday-thinned New York trading session  More...    More...


Defining the Correction, and Finding Its End!
Black Swan Capital Tuesday November 11, 2008 - 15:57:03 GMT

Key News
• Bad Crop: Commodity Currencies   Currencies of commodity exporters such as Canada and Australia could suffer further as global growth weakens. (WSJ)
• Home Inventories Remain Huge (WSJ)
• Strains Mount on Bailout Plans  The U  More...    More...


FX Blog - EUR/USD Update
Global-View.com Tuesday November 11, 2008 - 15:47:15 GMT

Click for information on GVI Forex

As posted on GVI Forex:

GVI Forex Jay 15:30 GMT November 11, 2008
eur/usd:   
eur/usd leading and targets 1.2527 while below 1.2664. 1.2527 is the critical level (although 1.25 is probably equally important) as below opens the door to the 1  More...    More...



FX Blog - Thoughts On The Market
Global-View.com Tuesday November 11, 2008 - 15:39:05 GMT

Click for information on GVI Forex

As posted on GVI Forex:

GVI Forex Jay 14:40 GMT November 11, 2008
Thoughts:
My thoughts are we are in for this type of market the rest of the year - not much will change - lousy data, focus on stocks, flow and order driven, less spec driven, rate cuts  More...    More...



Euro Struggles Against Dollar Despite U.S. Economic Weakness
Forex Hound Tuesday November 11, 2008 - 14:38:45 GMT

The Euro is trading lower against the U.S. Dollar this morning despite fears that the U.S. recession will be longer and deeper than originally forecast.  Lower equity markets overnight in Europe and Asia are sending signals that global traders are become more risk averse at this time and seeking the safety of the U  More...    More...


Forex News: Semi Holiday but stock market is open
FXDD Tuesday November 11, 2008 - 14:01:16 GMT

Today is Veterans Day in the US and Rememberance Day in Canada.  Although the stock markets are open, it is a banking holiday and as a result, the activity is likely to be light.  We at FXDD honor those who have served in the armed forces in America and Canada today and thank you for serving  More...    More...


FX Thoughts for the day - Evening - 11-Nov-2008 - 1220 GMT
FX Thoughts for the Day Tuesday November 11, 2008 - 12:19:32 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European market Update: German ZEW rises in Nov; China Oct Trade surplus rises for all the wrong reasons
Trade the News Staff Tuesday November 11, 2008 - 11:22:23 GMT

Today 06:04am

European market Update: German ZEW rises in Nov; China Oct Trade surplus rises for all the wrong reasons

*** ECONOMIC DATA ***

- (CH) China Oct trade Surplus: $35  More...    More...


Forex Research - Euro Range bound as Equity Decline Spoils the Rally
Global Forex Trading Tuesday November 11, 2008 - 11:11:50 GMT

Euro Range bound as Equity Decline Spoils the Rally Last Updated 11/11/2008 6:02:05 AM EST (GMT +5)

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FX Blog- GVI Forex Market Snapshot Europe Mid-Session: November 11, 2008
Global-View Tuesday November 11, 2008 - 11:00:30 GMT

10:54

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Forex Market Commentary and Analysis (11 November 2008)
GCI Financial Tuesday November 11, 2008 - 10:53:30 GMT

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2675 level and was capped around the $1  More...    More...


FOREX NEWS-Euro supported as sterling slides, ZEW awaited
Reuters Tuesday November 11, 2008 - 10:08:15 GMT

Tue Nov 11, 2008 4:43am EST

* Euro up 0.4 pct vs dlr as euro/stg nears record high

* European shares down 2.3 pct, capping risk demand

* Market awaits ZEW survey at 1000 GMT, sentiment seen low (Changes byline, releads, updates throughout, previous TOKYO)

By Naomi Tajitsu

LONDON, Nov 11 (Reuters) - The euro rose against the dollar and the yen on Tuesday as traders brushed off a slide in share prices and focused on the single European currency's rally, nearing a record high against a broadly weaker sterling  More...    More...


Forex Blog - Pinning Hopes on China
Global Forex Trading Monday November 10, 2008 - 22:29:57 GMT

Pinning Hopes on China Last Updated 11/10/2008 4:33:33 PM EST (GMT +5)

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Forex Market News - CANADA FX DEBT-C$ ends down as corporate news rattles sentiment
Reuters Monday November 10, 2008 - 21:52:56 GMT

Mon Nov 10, 2008 4:31pm EST * Boost from Chinese stimulus package fades * C$ had earlier topped 85 U.S. cents * Bond prices dip in extended reaction to Friday data By Frank Pingue TORONTO, Nov 10 (Reuters) - The Canadian dollar fell versus
the U  More...    More...



FX Research - Morning Report
Westpac Institutional Bank Monday November 10, 2008 - 21:19:55 GMT

Morning Report `11 November 2008

 

News and views

Risky assets initially maintained their upward momentum on the back of the fiscal stimulus package announced by China yesterday, but couldn't sustain those gains through the New York session  More...    More...


FX Blog- GVI Market Snapshot for November 11, 2008
Global-View Monday November 10, 2008 - 21:12:11 GMT

21:08

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FX Blog- GVI Market Snapshot for November 11, 2008
Global-View Monday November 10, 2008 - 21:12:09 GMT

21:08

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3  More...    More...


Economics Weekly - How low can official interest rates go? Weekly economic data preview - Will the BoE cut interest rates again next month?
Lloyds TSB Financial Markets Monday November 10, 2008 - 19:33:41 GMT


Economics Weekly 10 November 2008

 

How low can official interest rates go?

 

Slowing economic growth and falling inflation is leading to record low interest rates…

Interest rates are being cut aggressively around the world as economic growth slows and as price inflation either falls back from recent peaks or is set to fall sharply in the months ahead  More...    More...


FX Blog- GVI Forex: Far East Open for November 11, 2008
Global-View Monday November 10, 2008 - 18:08:51 GMT

GVI Forex Analysis Thread: November 11, 2008 :
Far East Open
  • A mid-week partial holiday in the U.S. tends to be very disruptive to trading. U.S. bond markets are closing shortly, but equity trading will continue. Fed holidays tend to shut down the interbank forex market because of required cash settlement of transactions cannot take place  More...    More...


FX Blog- GVI Forex: Commodity Currencies, Oil and Gold for November 10, 2008
Global-View Monday November 10, 2008 - 16:44:06 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies (AUD and NZD) are trading higher vs. the USD in the wake of the massive Chinese stimulus program. The CAD responded positively initially on hopes of increased commodity demand but it since has tailed off in line with a mostly higher USD  More...    More...


Forex Market Commentary and Analysis (10 November 2008)
GCI Financial Monday November 10, 2008 - 16:39:19 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2925 level and was supported around the $1  More...    More...


The Sincerest Flattery
FX Solutions Monday November 10, 2008 - 16:37:14 GMT


 


American equity investors are worried about the incoming Obama administration. The Democratic candidate’s campaign promises to raise capital gains and marginal tax rates are viewed by many as a dangerous burden for a recessionary economy  More...    More...



China to the rescue—maybe! And ChartView
Black Swan Capital Monday November 10, 2008 - 14:45:27 GMT

Key News
• Stocks rose in Europe and Asia and U.S. index futures climbed after China unveiled a $586 billion plan to stimulate the economy and world leaders urged more cuts in interest rates. (Bloomberg)
Key Reports Due (WSJ):
No economic events are scheduled for today  More...    More...


Forex Blog - European market Update: China stimulus package brings some risk appetite back; Spain's Santander announces capital raise
Trade the News Staff Monday November 10, 2008 - 11:36:12 GMT

Today 05:58am

European market Update: China stimulus package brings some risk appetite back; Spain's Santander announces capital raise

*** ECONOMIC DATA ***

- (JP) Oct Preliminary Machine tool orders: -40  More...    More...


FX Thoughts for the day - Evening - 10-Nov-2008 - 1125 GMT
FX Thoughts for the Day Monday November 10, 2008 - 11:27:39 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


FX Blog- GVI Market Snapshot- Europe Mid-Session for November 10, 2008
Global-View Monday November 10, 2008 - 10:42:29 GMT

10:36

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

n/a

n/a

3  More...    More...


Forex Research - Euro Rises as Chinese Announce Major Stimulus Package
Global Forex Trading Monday November 10, 2008 - 10:39:11 GMT

Euro Rises as Chinese Announce Major Stimulus Package Last Updated 11/10/2008 5:20:41 AM EST (GMT +5)

More...    More...


FX Blog- GVI Forex Analysis: N.Y. Open for November 11, 2008
Global-View Monday November 10, 2008 - 10:33:11 GMT

New York Open
  • China has announced a nearly USD 600bln domestic economic stimulus program. Some of the items had been previously announced, but the bulk of the spending is new. The announcement gave Far East bourses a lift. In the U.S., the government has made the terms of the AIG bailout less onerous and made more funds available  More...    More...


FOREX NEWS-Dollar, yen retreat as shares gain on China package
Reuters Monday November 10, 2008 - 10:20:46 GMT

Mon Nov 10, 2008 4:29am EST

* Yen, dollar fall as buoyant shares improve risk appetite

* European shares rise on massive China stimulus package

* G20 officials pledge to take action to help global economy

(Adds quotes, updates prices, changes byline, prvs TOKYO)

By Jessica Mortimer

LONDON, Nov 10 (Reuters) - The dollar retreated against the euro on Monday, while the low-yielding yen fell broadly on a slight easing in risk aversion after China's announcement of a major economic stimulus package boosted share prices  More...    More...


Forex Blog - The Problem With Deleveraging
Thoughts from the Frontline Saturday November 8, 2008 - 11:51:31 GMT

The Problem With Deleveraging
November 7, 2008
The Problems of Deleveraging
1.2 Million Jobs and Countin
Be Careful of Geeks Bearing Recovery Data
Back to 1982
New York, Birthdays, and Moving

In general, we consider it a good thing to save money and to "owe no man anything save love  More...    More...


Forex Research - US Unemployment Rate Hits 14 Year Highs, But Rate Speculation Drives FX and Equities
Global Forex Trading Friday November 7, 2008 - 22:57:10 GMT

US Unemployment Rate Hits 14 Year Highs, But Rate Speculation Drives FX and Equities Last Updated 11/7/2008 5:31:20 PM EST (GMT +5)

More...    More...


Forex Market News - CANADA FX DEBT-C$ ends week on higher note, boosted by jobs
Reuters Friday November 7, 2008 - 21:43:47 GMT

Fri Nov 7, 2008 4:39pm EST * C$ rallies after headline jobs number tops estimates * C$ snaps losing skid, ends week 1.4 percent higher * Bonds end flat but off session lows By Frank Pingue TORONTO, Nov 7 (Reuters) - The Canadian dollar ended higher
on Friday and snapped a two-session losing skid after data
showed the Canadian economy unexpectedly added jobs in October,
although many of the jobs were special hires for the Oct  More...    More...



FOREX NEWS-Dollar retreats vs euro after U.S. jobs gloom
Reuters Friday November 7, 2008 - 21:40:55 GMT

Fri Nov 7, 2008 4:17pm EST

* Dollar falls vs euro after U.S. sheds 240,000 jobs

* Dollar lifted vs yen as U.S. stocks shrug off jobs data

* Obama says facing economic challenge of a lifetime

* Obama says moving quickly on Cabinet appointments (Updates prices, adds comment, changes byline)

By Steven C  More...    More...


FX Blog- GVI Forex Market Snapshot for November 7, 2008
Global-View Friday November 7, 2008 - 21:16:52 GMT

21:07

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

n/a

n/a

3  More...    More...


FX Briefing - The “Big Three” directionless
BHF-Bank Friday November 7, 2008 - 17:51:34 GMT

FX Briefing 7 November 2008

Highlights

·        BoE cuts by 150, ECB and SNB by 50 basis points

More...    More...


Forex Blog - US Market Update
Trade the News Staff Friday November 7, 2008 - 17:26:16 GMT

Today 11:44am US Market Update

Dow +143 S&P +14 NASDAQ +25

- Indices are recovering from the sell-off of the last two days, with traders shrugging off the unemployment data as already baked in. The Commerce Department reported an unemployment rate of 6  More...    More...


Forex News: NFP worse than expected. Revision much lower Unemployment rate 6.5%
FXDD Friday November 7, 2008 - 13:47:32 GMT

NFP -240K
NFP Revision: -284K  much worse
Unemployment Rate 6.5%
Manufacturing -90K
Earnings: 0.2

Revision and current NFP much worse.  Unemployment rate rises sharply to 6.5%

More...    More...


FX Thoughts for the day - Evening - 07-Nov-2008 - 1225 GMT
FX Thoughts for the Day Friday November 7, 2008 - 12:32:12 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: Economic gloom pits itself against Central Bank hope; Markets eye US Oct Payrolls
Trade the News Staff Friday November 7, 2008 - 11:51:28 GMT

Today 06:05am

European Market Update: Economic gloom pits itself against Central Bank hope; Markets eye US Oct Payrolls

*** ECONOMIC DATA ***

- (SZ) Swiss Oct Unemployment Rate: 2  More...    More...


Forex Research - Dollar Wobbly Ahead of NFP
Global Forex Trading Friday November 7, 2008 - 11:46:07 GMT

Dollar Wobbly Ahead of NFP Last Updated 11/7/2008 5:54:09 AM EST (GMT +5)

More...    More...


FX Blog- GVI Forex Market Snapshot Europe Mid-Session: November 7, 2008
Global-View Friday November 7, 2008 - 10:43:48 GMT

10:36

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

n/a

n/a

3  More...    More...


FX Blog- GVI Forex Analysis: N.Y. Open for November 7, 2008
Global-View Friday November 7, 2008 - 10:32:02 GMT

New York Open
  • The USD is generally lower heading into the October U.S. employment report at 13:30 GMT. Jobs are expected to have fallen by -200K in the month. There are estimates for even a worse outcome. The markets know already that the economy is weak, but the data will indicate how weak it really is  More...    More...


FOREX NEWS-Dollar slips on higher shares, U.S. jobs awaited
Reuters Friday November 7, 2008 - 10:12:51 GMT

Fri Nov 7, 2008 4:56am EST

* Dollar slides before U.S. payrolls data

* Euro <EUR=> up 1 pct at $1.2820

* Economists expect 200,000 U.S. job losses in October

(Recasts, changes dateline prvs TOKYO)

By Naomi Tajitsu

LONDON, Nov 7 (Reuters) - The dollar slipped on Friday as early gains in European shares tempted some investors to sell the U  More...    More...


Forex Market Commentary and Analysis (7 November 2008)
GCI Financial Friday November 7, 2008 - 06:56:45 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2780 level and was supported around the $1  More...    More...


Forex News Preview: The October US Employment Report. A detailed look (PDF Format)
FXDD Friday November 7, 2008 - 02:16:28 GMT

The US Unemployment report is due out tomorrow at 8:30 AM.  The expectation is for the largest job decline in the 10 months since NFP has started to decline.  In addition, the possibility exists that the unemployment rate will rise more than expected  More...    More...


Forex Research - NFP Preview: Why a Weak Number May Not Stop the Dollar's Rise
Global Forex Trading Thursday November 6, 2008 - 23:35:52 GMT

NFP Preview: Why a Weak Number May Not Stop the Dollar's Rise Last Updated 11/6/2008 4:26:17 PM EST (GMT +5)

More...    More...


Forex Market News - CANADA FX DEBT-C$ dragged lower by slide in oil prices
Reuters Thursday November 6, 2008 - 23:33:40 GMT

  Thu Nov 6, 2008 4:46pm EST * Lower oil prices add to pressure on Canadian dollar * Traders awaiting Friday's key Canadian jobs data * Most bond prices up as investors flee riskier equities By Frank Pingue TORONTO, Nov 6 (Reuters) - The Canadian dollar closed lower versus a stronger U  More...    More...


FOREX NEWS-Euro slides as ECB rate cut disappoints market
Reuters Thursday November 6, 2008 - 23:32:07 GMT

  Thu Nov 6, 2008 4:22pm EST

* Euro tumbles after ECB's rate cut

* BoE slashes rates by 150 bps, sterling slides

* Investors look for bigger rate cuts to boost growth

* Market braces for expected news of big U.S. job losses (Updates prices, adds comment, changes byline)

By Steven C  More...    More...


FX Blog- GVI Market Snapshot for November 6, 2008
Global-View Thursday November 6, 2008 - 21:15:23 GMT

21:10

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

n/a

n/a

3  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Thursday November 6, 2008 - 19:38:09 GMT

Morning Report  Friday 6 November 2008


News and views

 

It was one-way traffic in US equity markets, the DJIA sliding >400pts in afternoon NYSE trade, stoking the safe haven/ repatriation bid for USD  More...    More...


FX Blog- GVI Forex Analysis: Far East Open for November 7, 2008
Global-View Thursday November 6, 2008 - 19:22:51 GMT

GVI Forex Analysis Thread: November 7, 2008 

Far East Open
  • Many have been dreading the October U.S. employment report due on the N.Y. open on Friday. Jobs are expected to have fallen by -200K in the month, although some estimates are even for a worse outcome  More...    More...


Forex Market Commentary and Analysis (6 November 2008)
GCI Financial Thursday November 6, 2008 - 17:32:26 GMT

The euro moved sharply lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2710 level and was capped around the $1  More...    More...


Forex Blog - US Market Update
Trade the News Staff Thursday November 6, 2008 - 16:57:39 GMT

Today 11:43amUS Market Update

Dow -295 S&P -33 NASDAQ -48

- The picture is not bright this morning despite the European rate cuts. Traders are dumping equities, pushing indices lower on fresh fears of an ever deeper and protracted economic decline  More...    More...


Forex Blog - Straw Man Arguments
Foreign Exchange Analytics Thursday November 6, 2008 - 16:36:12 GMT

Straw Man Arguments

 

I am a day late on this one, maybe two but I have to get this off my chest as the bloviating class launches full force into an attempt to paint Obama administration as overreaching on the economy with tax and regulatory issues before it has had time to even select an economic policy team  More...    More...


FX Blog- GVI Forex Analysis: Commodity Currencies, Gold and Oil November 6, 2008
Global-View Thursday November 6, 2008 - 16:28:29 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies (AUD, CAD and NZD) are all trading weaker vs. the USD. This is in line with the mostly higher USD.
  • The JPY is trading better in line with falling U.S. shares on a risk aversion play  More...    More...


Central Banks in Europe Exciting This Market
Black Swan Capital Thursday November 6, 2008 - 15:33:24 GMT

Key News
• Bank of England Cuts Interest Rate by 1.5 Points to Lowest Level Since '55 (Bloomberg)
• The European Central Bank cut its main lending rate by 50 basis points. (Bloomberg)

Quotable
“Doubt is not a pleasant condition but certainty is an absurd one  More...    More...


Reflections on today's ECB's Rate Decision
Larry Greenberg Thursday November 6, 2008 - 15:07:45 GMT

The ECB had been projected to cut rates by 50 basis points and did so. But the move was only a third as forceful as the Bank of England’s and in that context appears to timid. A 75-basis point cut was also considered and should have been chosen instead  More...    More...


Forex News: ECB Up next. Expectation 50 BP but looking for more after surprise cuts
FXDD Thursday November 6, 2008 - 12:41:26 GMT

The BOE cut and SNB surprise cuts today have raised the expectation for a larger cut than 50 basis points.  The surprising thing about the UK comments is that CPI inflation is last reported at 5.2% YoY.  Yet despite that, the thought by the BOE members is the 2% bottom target is in jeopardy  More...    More...


FX Thoughts for the day - Evening - 06-Nov-2008 - 1140 GMT
FX Thoughts for the Day Thursday November 6, 2008 - 11:44:58 GMT


EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: Corporate earnings, economic data hint for larger European interest rate cuts today
Trade the News Staff Thursday November 6, 2008 - 11:24:58 GMT

Today 06:19am

European Market Update: Corporate earnings, economic data hint for larger European interest rate cuts today

*** ECONOMIC DATA ***

- (SP) Spanish Sept Industrial Output WDA Y/Y: -8  More...    More...


Forex Research - Euro Decouples From Risk as Markets Await BOE and ECB Rate Decisions
Global Forex Trading Thursday November 6, 2008 - 10:48:26 GMT

Euro Decouples From Risk as Markets Await BOE and ECB Rate Decisions Last Updated 11/6/2008 5:25:28 AM EST (GMT +5)

More...    More...


FX Blog- GVI Market Snapshot- Europe Mid-Session for November 6, 2008
Global-View Thursday November 6, 2008 - 10:36:07 GMT

10:32

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

n/a

n/a

3  More...    More...


FX Blog- GVI Forex Analysis: N.Y. Open for November 6, 2008
Global-View Thursday November 6, 2008 - 10:24:04 GMT

New York Open
  • Today sees major monetary policy decisions from the BOE and ECB. The BOE is expected to cut at least by 50bps to 4.00%. Speculation has grown for -75 or -100 bps ease. The ECB should cut by -50bps to 3.25%. Talk of a larger cut is misplaced  More...    More...


FOREX NEWS-Euro down before ECB, yen firm on risk aversion
Reuters Thursday November 6, 2008 - 10:17:47 GMT

Thu Nov 6, 2008 4:50am EST

* Euro down vs dollar ahead of anticipated ECB rate cut

* ECB, BoE expected to ease rates by 50 bps or more

* Yen broadly higher as falling shares spur risk aversion

* European shares down 3 pct, Nikkei closes down 6  More...    More...


Forex Research - Why Non-Farm Payrolls Could Fall by 300K
Global Forex Trading Wednesday November 5, 2008 - 23:04:50 GMT

Why Non-Farm Payrolls Could Fall by 300K Last Updated 11/5/2008 5:34:38 PM EST (GMT +5)

More...    More...


Forex Market News - CANADA FX DEBT-C$ follows oil prices to lower close
Reuters Wednesday November 5, 2008 - 21:42:44 GMT

Wed Nov 5, 2008 4:29pm EST * Canadian dollar's six-session win streak snapped * Lower oil prices blamed for currency's slide * Bonds end higher ahead of Friday's jobs data By Frank Pingue TORONTO, Nov 5 (Reuters) - The Canadian dollar closed lower
versus the U  More...    More...



FOREX NEWS-Dollar down vs yen after weak data, Obama victory
Reuters Wednesday November 5, 2008 - 21:17:58 GMT

Wed Nov 5, 2008 4:09pm EST

* Dollar falls vs yen as weak data dulls risk appetite

* Safe-haven bid and Obama victory boost dollar vs euro

* Obama's election removes some uncertainty for market

* Weak euro-zone, UK data presage big ECB, BoE rate cuts (Recasts, adds comment, updates prices, changes byline)

By Steven C  More...    More...


FX Blog- GVI Market Snapshot for November 5, 2008
Global-View Wednesday November 5, 2008 - 21:14:53 GMT

21:08

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

n/a

n/a

3  More...    More...


FX Blog- GVI Forex Analysis: Far East Open for November 6, 2008
Global-View Wednesday November 5, 2008 - 20:27:45 GMT

Far East Open:
  • Thursday sees major monetary policy decisions from the BOE and ECB. Markets feel interest rate cuts by both are a sure thing. The BOE is expected to cut at least by 50bps to 4.00%. Recent speculation has been building for -75 or -100 bps ease  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Wednesday November 5, 2008 - 19:30:36 GMT

Morning Report Thursday 6 November 2008

 

News and views

USD jagged lower in thin London/NY trade, with apparent gloom over Friday’s US employment report, including some forecasts being revised to -300K on NFP  More...    More...


Forex Trading: Market remains volatile
FXDD Wednesday November 5, 2008 - 16:58:19 GMT

The EURUSD backed off over 100 pips since surging above the 1.3100 level. USDCHF held the 200 hour moving average for the third time and move back higher.  

More...    More...


FX Blig- GVI Trading Outlook: Commodity Currencies, Oil and Gold for November 5, 2008
Global-View Wednesday November 5, 2008 - 16:22:49 GMT

Commodity Currencies, Oil and Gold
  • Two of the commodity currencies (AUD and CAD) are all trading weaker vs. the USD. This is a divergence from the mostly lower USD. The kiwi is better.
  • The JPY is trading better in line with weaker U.S  More...    More...


Forex Trading: USDCHF tests moving average support at 1.1558
FXDD Wednesday November 5, 2008 - 15:36:46 GMT

More...    More...


We know it’s never easy and there is no Holy Grail. But…
Black Swan Capital Wednesday November 5, 2008 - 13:35:04 GMT

Key News
• Credit-default swap traders wagered the most on debt of Italy, Spain and Deutsche Bank AG, according to a Depository Trust & Clearing Corp. report that gives the broadest data yet on the unregulated market.  (Bloomberg)
• Key Reports Due (WSJ):
8:15a  More...    More...


Forex News: ISM Non-Manufacturing Index due out at 10:00 AM EDT
FXDD Wednesday November 5, 2008 - 13:03:07 GMT

More...    More...


Forex News: ADP Employment Change due at 8:15 AM
FXDD Wednesday November 5, 2008 - 13:01:08 GMT

More...    More...


FX Thoughts for the day - Evening - 05-Nov-2008 - 1205 GMT
FX Thoughts for the Day Wednesday November 5, 2008 - 12:12:10 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: European PMI Services exhibited record lows; Obama: All things are possible in America
Trade the News Staff Wednesday November 5, 2008 - 11:31:05 GMT

*** ECONOMIC DATA ***

- (UK) Oct HBOS House prices M/M: % v -1.5%e; Y/Y: % v -13.3%e

- (SP) Spanish October PMI Services: 32.2 v 36.1 prior

- (IT) Italian Oct PMI Services: 45  More...    More...


FX Blog- GVI Market Snapshot- Europe Mid-Session for November 5, 2008
Global-View Wednesday November 5, 2008 - 10:51:13 GMT

10:44

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

n/a

n/a

3  More...    More...


Forex Research - Dollar Strengthens As Obama Wins Decisively But Markets Now Look to Employment, Rate Cut Data
Global Forex Trading Wednesday November 5, 2008 - 10:51:04 GMT

Dollar Strengthens As Obama Wins Decisively But Markets Now Look to Employment, Rate Cut Data Last Updated 11/5/2008 5:22:38 AM EST (GMT +5)

More...    More...


FOREX NEWS-Dlr rallies as Obama takes White House; ECB eyed
Reuters Wednesday November 5, 2008 - 10:47:01 GMT

Wed Nov 5, 2008 5:40am EST

* Dollar gains as Obama claims decisive victory

* Dlr index gains after steep falls Tues; yen rises

* ECB, BoE seen cutting interest rates 50 bp or more Thurs

* EZ Oct services PMI slumps; Dovish ECB Stark comments

(Adds quotes, updates prices, previous TOKYO)

By Jessica Mortimer

LONDON, Nov 5 (Reuters) - The dollar rose against a basket of currencies on Wednesday, rebounding from a big fall in the previous session, as Democrat Barack Obama sealed victory in the U  More...    More...


FX Blog- GVI New York Open for November 5, 2008
Global-View Wednesday November 5, 2008 - 10:40:07 GMT

USD Trading Outlook: New York Open for November 5, 2008
  • Obama won a big victory in th U.S. Tueasday. His party gained strong majorities in the House and Senate, but did not get filibuster-proof control of the Senate. That would have required 60 seats, but they won 54 seats  More...    More...


Forex Market Commentary and Analysis (5 November 2008)
GCI Financial Wednesday November 5, 2008 - 07:09:38 GMT

The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2790 level and was capped around the $1  More...    More...


Forex Market News - RPT-CANADA FX DEBT-C$ extends rise to sixth straight session
Reuters Tuesday November 4, 2008 - 21:55:25 GMT

Tue Nov 4, 2008 4:40pm EST (Repeats to broaden distribution) * Canadian dollar hits three-week high above 87 U.S. cents * Appetite for risk helps fuel currency's latest charge * Bond prices end higher on attractive valuations By Frank Pingue TORONTO, Nov 4 (Reuters) - The red-hot Canadian dollar
closed higher against the greenback on Tuesday for a sixth
straight session, thanks to a combination of lofty commodity
prices and expectations that interest-rate cuts will help
stimulate global growth  More...    More...



FOREX NEWS-Dollar falls eyeing US election, risk appetite rises
Reuters Tuesday November 4, 2008 - 21:50:24 GMT

Tue Nov 4, 2008 4:24pm EST

* Euro on track for best day vs dollar in its history

* Markets eye more global rate cuts, U.S. election outcome

* Australian dollar bounces back after big RBA rate cut (Recasts; updates prices, adds comment, changes byline)

By Steven C  More...    More...


FX Blog- GVI Market Snapshot for November 4, 2008
Global-View Tuesday November 4, 2008 - 21:24:15 GMT

21:18

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

n/a

n/a

3  More...    More...


FX Blog- USD Trading Outlook: Far East Open for November 5, 2008
Global-View Tuesday November 4, 2008 - 19:44:41 GMT

USD Trading Outlook: Far East Open for November 5, 2008
  • Its being called the “Obama bounce”. Financial markets set up Tuesday for an Obama victory and rally on Wednesday. That suggests that the rally has already happened.
  • The results of the U  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Tuesday November 4, 2008 - 19:42:28 GMT

Morning Report Wednesday 5 November 2008

 

News and views

Appetite for risk gained strength from London into New York, backed by the DJIA being less volatile than usual and holding good gains into the NY afternoon (300pts) as the US public went to the polls  More...    More...


Forex Blog - US Market Update
Trade the News Staff Tuesday November 4, 2008 - 18:09:32 GMT

Today 11:38am

US Market Update

Dow +260 NASDAQ +47 S&P +33.5

- Indices are benefiting from an election-day bounce as voters head to the polls and the uncertainty of the extended presidential contest begins to ebb away, with the S&P500 above 1000 for the first time since mid October  More...    More...


That Day is Finally Here
Black Swan Capital Tuesday November 4, 2008 - 16:50:41 GMT

Key News
• Australia Central Bank Lowers Interest Rate Larger-Than-Expected 75 Points (Bloomberg)
• Emerging-Market Stocks Extend Record Rally, Paced by Thailand, Indonesia (Bloomberg)

Quotable
In honor of today’s US Presidential Election finale, I thought a couple well-formed thoughts on voting would be appropriate  More...    More...


Forex Trading: USDJPY break 100.00. Approaches key resistance
FXDD Tuesday November 4, 2008 - 16:49:37 GMT

More...    More...


FX Blog- GVI Trading Outlook: Commodity Currencies, Oil and Gold for November 4, 2008
Global-View Tuesday November 4, 2008 - 16:11:05 GMT

Commodity Currencies, Oil and Gold
  • The commodity currencies (AUD and NZD) are all trading sharply higher in line with the weaker USD.
  • The Reserve Bank of Australia cut rates by -75bps to 5.25%. More rate reductions are in the pipeline.
  • The JPY is trading weaker in line with higher shares and other carry plays  More...    More...


Forex Trading: EURUSD hanging around moving average resistance
FXDD Tuesday November 4, 2008 - 14:28:17 GMT

More...    More...


FX Blog- GVI Month Ahead Interest Rate Forecasts 5 November 2008
Global-View Tuesday November 4, 2008 - 14:14:16 GMT

Central Bank Policy Outlook -- Key Interest Rates
Global Interest Rates

November 5, 2008

Monetary Policy Forecasts for Major Economies

The Global-View  More...    More...


Forex News: 3 Month LIBOR comes down again
FXDD Tuesday November 4, 2008 - 13:58:05 GMT

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Forex Market Commentary and Analysis (4 November 2008)
GCI Financial Tuesday November 4, 2008 - 13:57:08 GMT

The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2850 level and was supported around the $1  More...    More...


FOREX NEWS-Dlr slips; investors await US election verdict
Reuters Tuesday November 4, 2008 - 13:27:15 GMT

Tue Nov 4, 2008 8:05am EST

* Dollar index .DXY dips, yen in retreat

* Markets eye more global rate cuts, U.S. election outcome

* Obama in the lead, decisive outcome seen dollar positive

* Australian dollar bounces back after big RBA rate cut

(Adds comments, updates prices)

By Tamawa Kadoya

LONDON, Nov 4 (Reuters) - The dollar slipped broadly on Tuesday as global stock markets took on a brighter complexion, with investors anticipating aggressive interest rate cuts to help stimulate flagging economies and the U  More...    More...


FX Thoughts for the day - Evening - 04-Nov-2008 - 1208 GMT
FX Thoughts for the Day Tuesday November 4, 2008 - 12:11:31 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: USD softens ahead of US election results; Market hoping for aggressive European interest rate cuts later this week
Trade the News Staff Tuesday November 4, 2008 - 11:24:11 GMT

Today 06:07am

European Market Update: USD softens ahead of US election results; Market hoping for aggressive European interest rate cuts later this week

*** ECONOMIC DATA ***

1:45 (SZ) Swiss Oct CPI M/M: 0  More...    More...


FX Blog- GVI Market Snapshot- Europe Mid-Session for November 4, 2008
Global-View Tuesday November 4, 2008 - 10:46:41 GMT

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FX Blog- USD Trading Outlook: New York Open for November 4, 2008
Global-View Tuesday November 4, 2008 - 10:40:43 GMT

USD Trading Outlook:
New York Open for November 4, 2008
  • The RBA decision to cut by -75bps to 5.25% is being seen as an aggressive step and putting pressure on the BOE and ECB for significant ease om Thursday. There has been increasing deflationry talk creeping into economic commentaries recently as economic data everywhwere seems to be very weak  More...    More...


Forex Research - A Big Week Lies Ahead with an Election and 3 Important Rate Decisions
Global Forex Trading Monday November 3, 2008 - 22:31:58 GMT

A Big Week Lies Ahead with an Election and 3 Important Rate Decisions Last Updated 11/3/2008 5:26:29 PM EST (GMT +5)

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Forex Market News - CANADA FX DEBT-Oversold C$ woos investors, rises 2 pct
Reuters Monday November 3, 2008 - 22:16:15 GMT

Mon Nov 3, 2008 5:12pm EST * Canadian dollar extends momentum from last week * Earlier slide to 4-year lows left currency oversold * Bonds little changed as market sentiment improves By Frank Pingue TORONTO, Nov 3 (Reuters) - The Canadian dollar closed 2
percent higher against the U  More...    More...



FX Blog- GVI Market Snapshot- November 3, 2008
Global-View Monday November 3, 2008 - 21:13:25 GMT

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FOREX NEWS-Dollar rises ahead of election on safe-haven bid
Reuters Monday November 3, 2008 - 21:12:58 GMT

Mon Nov 3, 2008 4:09pm EST

* Dollar gains versus most majors in safe haven bid

* U.S. factory activity shrinks further in October

* U.S. election, ECB, BoE meetings in focus

(Recasts, updates prices, adds comment, changes byline)

By Steven C  More...    More...


FX Blog- GVI Far East Open for November 4, 2008
Global-View Monday November 3, 2008 - 20:27:02 GMT

Far East Open for November 4, 2008
  • Dealers are looking ahead to the RBA decision at 03:30 GMT. Street estimates have been for a -50 bp rate cut to 5.50%, although forecasts for -75 and -100bps have been bouncing around.
  • A key focus Tuesday will be the results of U  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Monday November 3, 2008 - 19:32:48 GMT

Morning Report  Tuesday 4 November 2008

 

News and views

FX markets traded in a mostly muted fashion in London/NY, with unusually tight ranges on the DJIA (as of early afternoon NY) not encouraging aggressive positioning  More...    More...


Forex Trading: GBPUSD testing the 61.8% Fibonacci Retracement again
FXDD Monday November 3, 2008 - 19:13:25 GMT

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Forex Review by ForexHound.com
Forex Hound Monday November 3, 2008 - 17:40:45 GMT

Weekly Charts Indicate Dollar Could Struggle; Technical Factors Support Euro and British Pound

 

Looking at the upcoming week, technical factors are indicting the possibility that the Dollar will once again feel downside pressure  More...    More...


Forex Blog - US Market Update
Trade the News Staff Monday November 3, 2008 - 17:14:11 GMT

Today 11:42am

US Market Update

Dow +25 NASDAQ +9.3 S&P +1 - Markets are attempting to put a wild October behind them as November begins on positive note, with indices posting early gains on continued signs of the possible return of risk appetite  More...    More...


Forex Trading: EURGBP buying helped GBPUSD selling
FXDD Monday November 3, 2008 - 16:53:31 GMT

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FX Blog- GVI USD Trading Outlook: November 3, 2008: Commodity Currencies, Oil and Gold
Global-View Monday November 3, 2008 - 16:45:45 GMT

USD Trading Outlook: November 3, 2008 :
Commodity Currencies, Oil and Gold
  • The commodity currencies (AUD and NZD) are trading much higher vs. the USD today.
  • The Reserve Bank of Australia is expected to cut rates at 03:30 GMT Tuesday. The general market expectation is for a -50bp cut in the cash rate target to 5  More...    More...


Forex Trading: EURUSD approaches neckline on the hourly chart
FXDD Monday November 3, 2008 - 16:30:28 GMT

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Forex Trading: GBPUSD tests Fibonacci Support level on intraday chart
FXDD Monday November 3, 2008 - 16:16:18 GMT

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Nov 3th 2008 Forex Market Update Video www.fxdd.com
FXDD Monday November 3, 2008 - 16:06:45 GMT

<object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,29,0" width="480" height="375"><param name="movie" value="http://www.viddler.com/player/e6202331/" /><param name="quality" value="high" /><param name="menu" value="false" /><param name="wmode" value="" /><embed src="http://www  More...    More...


Forex Market Commentary and Analysis (3 November 2008)
GCI Financial Monday November 3, 2008 - 15:30:46 GMT

The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2895 level and was supported around the $1  More...    More...


Risk aversion ebbs this morning…Comdol time?
Black Swan Capital Monday November 3, 2008 - 13:15:25 GMT

Key News
• The European Commission said the region's economy probably entered a recession this year and will stagnate in 2009. (Bloomberg)
Key Reports Due (WSJ): 
10:00a.m. Sep Construction Spending: Expected: -0.7%. Previous: Unch  More...    More...


FOREX NEWS-Easing risk aversion cools dollar, yen rally
Reuters Monday November 3, 2008 - 13:02:28 GMT

Mon Nov 3, 2008 7:34am EST

* Dollar, yen ease after stunning Oct as risk aversion cools

* World stocks in positive territory

* Global recession fears persist, further deleveraging seen

* U.S. election eyed

(Adds quotes, update prices, changes byline)

By Veronica Brown

LONDON, Nov 3 (Reuters) - The euro and high-yielding currencies rose against the dollar on Monday, while the yen retreated broadly as abating risk aversion lifted stocks  More...    More...


Economics Weekly - Will this UK recession be as bad as last time? Weekly economic data preview - BoE and ECB to cut interest rates by at least 50bp
Lloyds TSB Financial Markets Monday November 3, 2008 - 12:02:15 GMT

Economics Weekly 3 November 2008

 

Will this UK recession be as bad as last time?

 

UK economy contracts for the first time since 1992

The first decline in UK gdp since 1992 means that the economy is heading for recession  More...    More...


FX Thoughts for the day - Evening - 03-Nov-2008 - 1140 GMT
FX Thoughts for the Day Monday November 3, 2008 - 11:46:21 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------


USD-CHF @ 1  More...    More...


Forex Research - Pound Yoyos on Rumored Additional Bids for HBOS While Dollar Declines As Risk Appetite Improves
Global Forex Trading Monday November 3, 2008 - 11:01:51 GMT

Pound Yoyos on Rumored Additional Bids for HBOS While Dollar Declines As Risk Appetite Improves Last Updated 11/3/2008 4:43:41 AM EST (GMT +5)

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Foirex Blog - European market Update: Global economic backdrop becoming 'bleaker'; Spain, Italian, Hungary and China PMI are lowest on record
Trade the News Staff Monday November 3, 2008 - 10:59:07 GMT

Today 05:40am

European market Update: Global economic backdrop becoming 'bleaker'; Spain, Italian, Hungary and China PMI are lowest on record

*** ECONOMIC DATA ***

- 2:30 (SW) Sweden Oct Swed Bank Survey: 39  More...    More...


FX Blog- GVI Market Snapshot- Europe Mid-Session for November 3, 2008
Global-View Monday November 3, 2008 - 10:53:32 GMT

USD Trading Outlook: New York Open for November 3, 2008 : Reply   
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USD Trading Outlook: New York Open for November 3, 2008
Global-View Monday November 3, 2008 - 10:42:02 GMT

USD Trading Outlook: New York Open for November 3, 2008
  • Dealers are uncertain about what the new month will bring with some fund managers now redeploying assets for a new fiscal year. Following the past one, odds are they will cautious about the new one  More...    More...


Volatility and the Carry Trade
FX Solutions Monday November 3, 2008 - 02:59:58 GMT

The demise of the carry trade and its associated components is without parallel in the history of modern currency trading.  But the extraordinary rise and fall of the carry did not take place in the isolation of the currency markets  More...    More...


Forex Blog - Electing the Janitor-in-Chief
Thoughts from the Frontline Saturday November 1, 2008 - 10:25:10 GMT

Electing the Janitor-in-Chief
October 31, 2008
Electing the Janitor-in-Chief
Can't Borrow on Your Home? Whip out the Credit Card!
Deficits as High as an Elephant's Eye
Can You Count to 41?
Chairs, Moving, and Tony Bennett

This week we survey the economic landscape that the new president will inherit  More...    More...


Forex Research - Sustainability of Dollar Strength Will be Determined by 3 Central Bank Meetings
Global Forex Trading Friday October 31, 2008 - 21:42:14 GMT

Sustainability of Dollar Strength Will be Determined by 3 Central Bank Meetings Last Updated 10/31/2008 5:34:39 PM EST (GMT +5)

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FXDD Today: A recap of today and preview of the Economic Releases for Monday (PDF)
FXDD Friday October 31, 2008 - 21:15:43 GMT

FXDD Today combines end of day prices, a graphical preview of the economic releases for the next trading day, and a Market Recap of the current days key activities in a concise one page format in PDF format  It is designed to be used through the trading day and also as a historical record for review  More...    More...


Forex Market News - CANADA FX DEBT-C$ bounces back to finish week higher
Reuters Friday October 31, 2008 - 20:50:32 GMT

Fri Oct 31, 2008 4:41pm EDT

* Records first winning week in five weeks

* Ends October 11.6 percent lower

* Bonds relinquish early gains, end lower

By Frank Pingue

TORONTO, Oct 31 (Reuters) - The Canadian dollar rebounded to close higher against the U  More...    More...


FOREX NEWS-Dollar records biggest monthly gain in 17 years
Reuters Friday October 31, 2008 - 20:43:20 GMT

Fri Oct 31, 2008 4:34pm EDT

* Dollar broadly firmer; yen up on risk aversion

* Gloomy U.S. data further fans recession fears

* Month-end rebalancing flows underpin dollar (Updates prices, adds quotes, changes byline)

By Wanfeng Zhou

NEW YORK, Oct 31 (Reuters) - The U  More...    More...


FX Blog- Market Snapshot N.Y. Close for 31 October 2008
global-view.com Friday October 31, 2008 - 20:09:42 GMT

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Forex Blog - US Market Update
Trade the News Staff Friday October 31, 2008 - 16:16:51 GMT

Today 11:50am

US Market Update

Dow +73 S&P +0.30 Nasdaq +11.50

- Indices headed marginally higher in early trading this morning as investors digest a slew of mixed economic data  More...    More...


Forex Blog - FX Briefing - Tentative recovery
BHF-Bank Friday October 31, 2008 - 15:54:59 GMT

FX Briefing 31 October 2008

Highlights

·        Central banks take interest rates down – ECB and BoE to follow

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Forex Trading: Markets are getting volatile as the London/EUROPE session end approaches
FXDD Friday October 31, 2008 - 15:43:25 GMT

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FX Blog- Global-View.com Month Ahead Currency Outlook for October 31, 2008
Global-View Friday October 31, 2008 - 15:33:49 GMT


October 31, 2008

Forex Forecast of Major Currency Pairs

The Global-View.com Month Ahead Currency Outlook is prepared weekly by the trading professionals at GVI Forex  More...    More...


Oct 31 2008 FXDD Video Report - www.fxdd.com Happy Halloween last trading day of the week
FXDD Friday October 31, 2008 - 15:06:40 GMT

To Access the Morning Video, click here

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Chart of the Day - 10/31/2008 - EUR/USD
FX Solutions Friday October 31, 2008 - 15:03:22 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend line in red; horizontal support/resistance level in yellow; Fibonacci retracement levels in grey; 50-period simple moving average in light blue  More...    More...


Forex Trading: EURUSD randomly moving up and down as the market digests the news
FXDD Friday October 31, 2008 - 14:23:03 GMT

The EURUSD is moving randomly with a bias to the downside as the market digests the weaker German Retail sales last night, and prospects of a rate cut next week by the ECB.  On the US side, however, the weak Chicago PMI, the election, and a weak Non Farm Payroll on tap for next Friday are pulling for a weaker dollar  More...    More...


Forex Trading: USDJPY consolidating. Waiting on the next move
FXDD Friday October 31, 2008 - 13:05:01 GMT

The USDJPY is consolidating in a range with a low floor at the 96.25 area and the high ceiling at the 99.00 area.  The 100 and 200 hour moving averages are converging with the 100 hour moving average at the 96.58 level and the the 200 hour moving average at the 96  More...    More...


Ultimately a probability bet it is!
Black Swan Capital Friday October 31, 2008 - 12:59:58 GMT

This morning, we our reprinting Currency Currents past from 28 August 2007; it’s the “best of Currency Currents” if you will.

What is interesting is that our top key news event back on 28 Aug ‘07 was Barclays, a UK bank that is in the news again today after sealing a deal to obtain funds from a couple of places that still have some—Abu Dhabi and Qatar  More...    More...


Forex News: US Personal Income and Spending due for release at 8:30 AM
FXDD Friday October 31, 2008 - 12:25:26 GMT

The US Personal Income and Spending data for the month of September is due out at 8:30.  The expectation is for Income to rise by a scant 0.1% on the back of 0.5% gain last month.  Spending is expected to decline by 0.2%.  In August Spending was unchanged  More...    More...


Forex News Preview: Canada GDP for August to be released at 8:30 AM
FXDD Friday October 31, 2008 - 12:18:51 GMT

The Canada GDP for August will be released at 8:30 AM EDT.  The expectation for the month is for a decline of 0.4% for the month after a 0.7% increase in July.  Going forward the weaker Canadian dollar should help export growth but the lower price of oil as well as slower spending in the US should contineue to weigh on the Canadian economy  More...    More...


Forex News Preview: US Chicago Purchasing Managers index due at 9:45 AM
FXDD Friday October 31, 2008 - 12:08:36 GMT

At 9:45 AM the final major regional manufacturing index will be released when the Chicago PMI Index is announced.  Last month the index came in at 56.7.  The third month in a row with the index above the 50 level indicating expansion of the manufacturing base  More...    More...


FX Thoughts for the day - Evening - 31-Oct-2008 - 1130 GMT
FX Thoughts for the Day Friday October 31, 2008 - 11:32:25 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: Weak German Retail Sales; Cautious comments from BOJ prompts renewed round of global growth concerns
Trade the News Staff Friday October 31, 2008 - 11:29:16 GMT

Today 06:42am

European Market Update: Weak German Retail Sales; Cautious comments from BOJ prompts renewed round of global growth concerns

*** ECONOMIC DATA ***

- (GE) German Retail Sales M/M: -2  More...    More...


Forex Market Commentary and Analysis (31 October 2008)
GCI Financial Friday October 31, 2008 - 11:06:05 GMT

The euro moved sharply lower vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2665 level and was capped around the $1  More...    More...


EURUSD Forex Technical Review
Forex Hound Friday October 31, 2008 - 10:51:07 GMT

The pair has retraced nicely after the 1.2330-1.3300 move, it reached the 50%Fibonacci line yesterday and after a quick bounce it pushed lower closing in on the 61.8 Fib where we can expect at least the same; so, we're looking for a bounce around the 1  More...    More...


FOREX NEWS-Dlr broadly firmer; yen up on risk wariness
Reuters Friday October 31, 2008 - 10:13:15 GMT

Fri Oct 31, 2008 5:58am EDT

* Dollar broadly firmer; yen up on risk aversion

* Month-end rebalancing flows underpin dollar

* Euro zone inflation seen easing; CPI due out 1000 GMT

* Barclays to raise $12 bln in capital

(Releads, adds quotes, updates prices, changes dateline prvs TOKYO)

By Tamawa Kadoya

LONDON, Oct 31 (Reuters) - The dollar was firmer against most major currencies on Friday, on expectations of large dollar demand for the month-end, while the yen was also buoyed as a fall in Asian share prices renewed risk aversion  More...    More...


FX Blog- GVI Market Snapshot Europe Mid-session for October 31, 2008
Global-View Friday October 31, 2008 - 09:52:31 GMT

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FX Blog- USD Trading Outlook: New York Open for October 31, 2008
Global-View Friday October 31, 2008 - 09:45:47 GMT

USD Trading Outlook: New York Open for October 31, 2008 :
  • The BOJ cut rates as expected earlier today, but made the mistake of not making a unanimous vote on the policy move, and cutting by only -20bps to 0.30%. The deision was seen as a tepid one and the Nikkei fell by 5% and the JPY spiked higher  More...    More...


Oct 30 2008 FXDD Video Report - www.fxdd.com Economic Releases
FXDD Thursday October 30, 2008 - 21:33:27 GMT

CLICK HERE TO ACCESS THE FXDD VIDEO PAGE

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Forex Market News - CANADA FX DEBT-Canada dollar rides momentum to higher close
Reuters Thursday October 30, 2008 - 21:23:27 GMT

  Thu Oct 30, 2008 4:59pm EDT

* Canadian dollar comfortably off Tuesday's multi-year low

* Currency records third straight winning session

* Bonds prices rebound from early slide to end higher

TORONTO, Oct 30 (Reuters) - The Canadian dollar finished higher versus the U  More...    More...


FOREX NEWS-US dollar steadies as risk aversion eases
Reuters Thursday October 30, 2008 - 21:21:22 GMT

  Thu Oct 30, 2008 4:58pm EDT

* Yen slides as stocks gain, high-yielders rise

* US dollar underpinned by funds demand by month-end

* U.S. 3Q GDP declines less than expected (Updates prices, adds quotes, changes byline)

By Wanfeng Zhou

NEW YORK, Oct 30 (Reuters) - The U  More...    More...


FXDD Today: A recap of today and preview of the Economic Releases for Friday (PDF)
FXDD Thursday October 30, 2008 - 21:15:11 GMT

FXDD Today combines end of day prices, a graphical preview of the economic releases for the next trading day, and a Market Recap of the current days key activities in a concise one page format in PDF format  It is designed to be used through the trading day and also as a historical record for review  More...    More...


FX Blog- GVI Market Snapshot for October 30, 2008
Global-View Thursday October 30, 2008 - 20:22:47 GMT

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FX Blog- USD Trading Outlook: Far East Open for October 31, 2008
Global-View Thursday October 30, 2008 - 18:37:42 GMT

USD Trading Outlook: Far East Open for October 31, 2008
  • The immediate focus now is the expected BOJ -25bp rate cut on Friday to 0.25%. This move was signaled in the Nikkei News late Tuesday. The BOJ is well known for consensus building before its policy moves  More...    More...


Forex Technical Analysis: USDJPY tests 200 hour moving average support
FXDD Thursday October 30, 2008 - 16:41:01 GMT

The USDJPYis testing the 200 hour moving average.   See the chart for the corresponding support level.  A break should target lower levels.  

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Forex Blog - US Market Update
Trade the News Staff Thursday October 30, 2008 - 16:37:04 GMT

Today 11:53am

US Market Update

Dow +1.20 S&P +2.00 Nasdaq +4.73

- Indices opened this morning well above yesterday's close, with the Fed policy ease giving investors the courage to face this morning's Q3 GDP reading  More...    More...


Federal Reserve and IMF are Getting Good with Handouts.
Black Swan Capital Thursday October 30, 2008 - 15:57:33 GMT


Key News
• Money-Market Rates Fall After Fed Cut, Cash Infusions for Emerging Markets (Bloomberg)
• European Economic Confidence Plunges by Record as Financial Crisis Deepens (Bloomberg)
• Japan's Government Plans to Spend Almost $51 Billion to Stimulate Economy (Bloomberg)

Key Reports Due (WSJ):
8:30a  More...    More...


Forex Trading: EURUSD breaking support as London and Europe end of day flows dominate
FXDD Thursday October 30, 2008 - 15:55:51 GMT

The EURUSD broke through support as Europe and London end of day flows dominate.  Stops being hit through the 200 hour MA.  The next key level is the 50% retracement of the move up from the lows (see chart). 

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FXDD Morning Commentary for October 30th, 2008 (VIDEO)
FXDD Thursday October 30, 2008 - 15:44:42 GMT

FXDD

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Forex Trading: EURUSD gets closer to 200 hour moving average support
FXDD Thursday October 30, 2008 - 15:39:55 GMT

The EURUSD move through the closing level of yesterday (at 1.2957) and moved lower.  The pair is now approaching the 200 hour moving average.  Initially at least I would expect to find some buying support against this level.  The level currently comes in at 1  More...    More...


FX Blog- GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 30, 2008
Global-View Thursday October 30, 2008 - 15:11:15 GMT

GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 30, 2008
  • The commodity currencies (AUD and NZD) are relatively steady vs. the USD today. The USD/CAD is having another one of those days. It is down sharply, presumably due to end of month flows  More...    More...


Forex Blog - European Market Update: Risk appetite increases on interest rate cuts and hope for more; Carry-related currency pairs mirror stock movement
Trade the News Staff Thursday October 30, 2008 - 10:29:03 GMT

Today 06:21am

European Market Update: Risk appetite increases on interest rate cuts and hope for more; Carry-related currency pairs mirror stock movement

*** ECONOMIC DATA ***

- (GE) German ILO Sept Unemployment Rate: 7  More...    More...


FOREX NEWS-Dollar slides, Fed cut quells some risk aversion
Reuters Thursday October 30, 2008 - 10:23:53 GMT

Thu Oct 30, 2008 5:37am EDT

* Dollar slides, Fed rate cuts cool some risk aversion

* Higher-yielding currencies gain, yen slides

* Investors await data on EZ sentiment, U.S. GDP

(Changes dateline, byline, releads, adds comment, updates throughout)

By Naomi Tajitsu

LONDON, Oct 30 (Reuters) - The dollar fell against the euro, sterling, and other high-yielding currencies on Thursday after an interest rate cut by the Federal Reserve helped to cool extreme risk aversion and supported European shares  More...    More...


GBPUSD Forex Technical Report
Forex Hound Thursday October 30, 2008 - 10:04:24 GMT

GBP USD moved towards the 1.6700 resistance zone forming higher lows and higher highs clearly marking the trend, now the pair has reached the 61.8 Fibonacci Retracement of the 1.7520-1.5260 down move; at current levels we expect to see some resistance and perhaps if developing price action on the smaller time frames helps we'll see some bearish positions starting to form  More...    More...


FX Blog- GVI Market Snapshot Europe Mid-session for October 30, 2008
Global-View Thursday October 30, 2008 - 09:50:02 GMT

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FX Blog- USD Trading Outlook: New York Open for October 30, 2008
Global-View Thursday October 30, 2008 - 09:31:57 GMT

USD Trading Outlook: New York Open for October 30, 2008
  • Volatility monthend tomorrow in sight is the major theme. Fed decision yesterday to cut by 50bps should not have been a factor nor its gloomy economic view as both were as expected.
  • Fed made a total of 120bln available in swaps line to four well capitalized emerging market nations (USD 30bln each)  More...    More...


Forex Market Commentary and Analysis (30 October 2008)
GCI Financial Thursday October 30, 2008 - 07:59:10 GMT

The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3295 level and was supported around the $1  More...    More...


Forex Research - Fed Cuts 50bp, Opening the Door to ZIRP
Global Forex Trading Wednesday October 29, 2008 - 22:12:09 GMT

Fed Cuts 50bp, Opening the Door to ZIRP Last Updated 10/29/2008 5:18:54 PM EST (GMT +5)

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FOREX NEWS-US dollar posts biggest daily fall in 23 years
Reuters Wednesday October 29, 2008 - 22:08:25 GMT

Wed Oct 29, 2008 5:03pm EDT

* US dollar sees biggest daily fall since 1985

* Federal Reserve cuts rates by 50 bps as widely expected

* US stock markets end slightly lower

(Recasts, updates prices, adds quotes, changes byline)

By Wanfeng Zhou

NEW YORK, Oct 29 (Reuters) - The U  More...    More...


Forex Market News - CANADA FX DEBT-C$ surges on commodity-fueled rally
Reuters Wednesday October 29, 2008 - 20:47:33 GMT

Wed Oct 29, 2008 4:33pm EDT

* Canadian dollar rebounds from Tuesday's 4-year low

* Higher commodity prices support currency's rise

* Short-end bond prices up after interest rate cuts

By Frank Pingue

TORONTO, Oct 29 (Reuters) - The Canadian dollar rallied more than 3 U  More...    More...


FX Blog- GVI Market Snapshot for October 29, 2008
Global-View Wednesday October 29, 2008 - 20:38:32 GMT

EUR

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FX Research - Morning Report
Westpac Institutional Bank Wednesday October 29, 2008 - 20:21:03 GMT

Morning Report  Thursday 30 october 2008

 

News and views

The US Fed cut its funds target by 50bp to 1.0% following this week’s FOMC meeting. The statement noted that the economy had slowed markedly, in particular due to weaker consumer spending, while inflation was likely to moderate  More...    More...


FX Blog- USD Trading Outlook: Far East Open for October 30, 2008
Global-View Wednesday October 29, 2008 - 19:44:33 GMT

USD Trading Outlook: Far East Open for October 30, 2008
  • The focus of trade Wednesday in North America was on the Fed decision due in mid-afternoon. At its meeting the central bank decided to cut the 1.50% Fed Funds target by 50bps to 1.00%  More...    More...


Chart of the Day - 10/29/2008 - GBP/USD
FX Solutions Wednesday October 29, 2008 - 16:46:44 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend lines in red; horizontal support/resistance levels in yellow; Fibonacci retracements in grey; 50-period simple moving average in light blue  More...    More...


Forex Blog - US Market Update
Trade the News Staff Wednesday October 29, 2008 - 16:22:24 GMT

Today 11:47am

US Market Update

Dow +3.5 NASDAQ -8.8 S&P -3.5

- Trading remains somewhat volatile this morning as traders jockey for position ahead of the FOMC rate announcement  More...    More...


FX Blog- GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 29, 2008:
Global-View Wednesday October 29, 2008 - 15:50:59 GMT

GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 29, 2008: 
  •  The commodity currencies (AUD, CAD and NZD) are up shaply vs. the USD. USD/CAD has spiked higher. Trade in this pair has become dysfunctional. It appears its lack of liquidity has started to feed on itself  More...    More...


Forex Market Commentary and Analysis (29 October 2008)
GCI Financial Wednesday October 29, 2008 - 14:49:47 GMT

The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2975 level and was supported around the $1  More...    More...


Correction upon us? AUD-JPY Bounce is due!
Black Swan Capital Wednesday October 29, 2008 - 14:19:38 GMT

Key News
• China cut interest rates for the third time in two months to stimulate growth as the global financial crisis undermines the world's fourth-largest economy. (Bloomberg)
• The International Monetary Fund, the European Union and World Bank on Tuesday agreed to a $25  More...    More...


FX Blog- GVI Weekly Interest Rate Forecasts 29 October 2008
Global-View Wednesday October 29, 2008 - 12:30:52 GMT

Global Interest Rates

October 29, 2008

Monetary Policy Forecasts for Major Economies

The Global-View.com Monetary Policy Outlook is prepared weekly by the trading professionals at GVI Forex  More...    More...


FOREX NEWS-Yen up on recession fears; Dlr pressured, Fed eyed
Reuters Wednesday October 29, 2008 - 10:11:50 GMT

Wed Oct 29, 2008 6:07am EDT

* Yen recovers major losses as global recession fears remain

* Equity markets jump, putting dollar under pressure

* Fed decision eyed; rate cut of at least 50 bps seen

(Changes byline, recasts, updates prices, prvs TOKYO)

By Jessica Mortimer

LONDON, Oct 29 (Reuters) - The yen rose broadly on Wednesday, recouping steep falls seen the previous day with global recession fears keeping investors in a jittery mood, despite improving equity market sentiment  More...    More...


Forex Blog - European market Update: Markets await FOMC decison; BOJ rate cut speculation circulating
Trade the News Staff Wednesday October 29, 2008 - 10:04:45 GMT

Today 05:59am

European market Update: Markets await FOMC decison; BOJ rate cut speculation circulating

*** ECONOMIC DATA ***

- (GE) Oct CPI - Saxony M/M: -0  More...    More...


EURUSD Higher Lows
Forex Hound Wednesday October 29, 2008 - 09:57:47 GMT

EURUSD has pushed nicely higher, forming new highs and higher lows after bouncing from what look to be a small double bottom at  1.2330. On the way down from 1.3000 to 1.2300 and so far in the last couple of days EURUSD is moving inside relatively equal trading zones, 1  More...    More...


FX Blog- GVI Market Snapshot Europe Mid-session for October 29, 2008
Global-View Wednesday October 29, 2008 - 09:40:36 GMT

Market Snapshot: Reply   
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USD Trading Outlook: New York Open for October 29, 2008
Global-View Wednesday October 29, 2008 - 09:32:51 GMT

USD Trading Outlook: New York Open for October 29, 2008
  • Forex markets remain closely tied to the performance of U.S. share markets. The late Tuesday spike in U.S. share prices drove the USD lower, and that soft tone has carried over into today  More...    More...


Forex Research - FOMC Preview: What to Expect From the Fed
Global Forex Trading Tuesday October 28, 2008 - 22:35:24 GMT

FOMC Preview: What to Expect From the Fed Last Updated 10/28/2008 10:04:48 AM EST (GMT +5)

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FOREX NEWS-Yen posts biggest one-day fall vs dollar since 1974
Reuters Tuesday October 28, 2008 - 20:46:09 GMT

Tue Oct 28, 2008 4:40pm EDT

(Updates with latest market move)

NEW YORK, Oct 28 (Reuters) - The yen suffered its biggest daily fall versus the U.S. dollar since 1974 on Tuesday as a sharp rebound in global equities sparked a tentative recovery in risk appetite  More...    More...


Forex Market News - CANADA FX DEBT-C$ storms back to post slim gain
Reuters Tuesday October 28, 2008 - 20:32:59 GMT

Tue Oct 28, 2008 4:28pm EDT

* Canadian dollar rallies off 4-year low versus greenback

* Equity rally prompts demand for risk oriented currencies

* Bond prices dragged down in face of rallying stocks

By Frank Pingue

TORONTO, Oct 28 (Reuters) - The Canadian dollar rallied off a four-year low to close slightly higher versus the U  More...    More...


FX Blog- Market Snapshot for October 28, 2008
Global-View Tuesday October 28, 2008 - 20:20:07 GMT

20:16

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FX Research - Morning Report
Westpac Institutional Bank Tuesday October 28, 2008 - 19:42:33 GMT

Morning Report Wednesday 29 October 2009

 

News and views

The improvement in risk appetite seen late in yesterday’s session extended to offshore trade, to the great benefit of yen crosses but no clear movement in the USD  More...    More...


FX Blog- USD Trading Outlook: Far East Open for October 29, 2008
Global-View Tuesday October 28, 2008 - 18:40:43 GMT

USD Trading Outlook: Far East Open for October 29, 2008 
  • All the markets remain closely tied to the performance of U.S. share markets. Tuesday was certainly a unique session with a squeeze on VW shorts in Germany driving its price and the DAX up sharply  More...    More...


Forex Market Commentary and Analysis (28 October 2008)
GCI Financial Tuesday October 28, 2008 - 17:44:57 GMT

The euro lost marginal ground vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2330 level and was capped around the $1.2585 level  More...    More...


Chart of the Day - 10/28/2008 - USD/JPY
FX Solutions Tuesday October 28, 2008 - 15:56:29 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend lines in red; horizontal support/resistance levels in yellow; Fibonacci retracement levels in grey; 50-period simple moving average in light blue  More...    More...


GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 28, 2008
Global-View Tuesday October 28, 2008 - 15:51:17 GMT

GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 28, 2008:
  • The commodity currencies (AUD, CAD and NZD) are mostly higher vs. the USD. USD/CAD is about steady. Selling pressure on the commodity currencies has eased as carry trade unwinds have slowed  More...    More...


Kookburger Time! A rant it is!
Black Swan Capital Tuesday October 28, 2008 - 12:50:21 GMT

Key News
• Iceland's central bank unexpectedly raised the benchmark interest rate to 18 percent, the highest in at least seven years, after the island reached an aid agreement with the International Monetary Fund. (Bloomberg)
• Interbank cost of borrowing funds fell across the board on Tuesday, according to the latest daily fixing from the British Bankers' Association, as the recent turmoil on financial markets eased  More...    More...


Forex Blog - European market Update: Volkswagen leads DAX higher, risk appetite appears to have returned today
Trade the News Staff Tuesday October 28, 2008 - 11:25:01 GMT

Today 06:36am

European market Update: Volkswagen leads DAX higher, risk appetite appears to have returned today

*** ECONOMIC DATA ***

- (GE) German Nov GfK Consumer Confidence Survey: 1  More...    More...


FOREX NEWS-Yen retreats broadly, risk aversion abates
Reuters Tuesday October 28, 2008 - 10:31:16 GMT

Tue Oct 28, 2008 6:24am EDT

* Yen slides as share price rebound spurs short-covering

* Nikkei jumps 6.4 pct from 26-yr low, European stocks rise

* Investors still nervous, further yen gains eyed

* RBA intervenes to prop up Aussie for third day

(Changes dateline, byline, adds quotes, update prices)

By Veronica Brown

LONDON, Oct 28 (Reuters) - The yen backed away from recent 13-year highs against the dollar on Tuesday as rebounding stock markets and the threat of official intervention halted the Japanese currency's broad surge  More...    More...


GBPUSD Short Term Reversal
Forex Hound Tuesday October 28, 2008 - 10:01:29 GMT

GBP USD has bounced of the year's low formed last Friday at 1.5265; after a failed attempt to break through we witnessed a slow move upwards that seems to accelerate. The pair broke above trend line marking the slope of the bearish move and has transformed that from resistance into support  More...    More...


FX Blog- GVI Market Snapshot Europe Mid-session for October 28, 2008
Global-View Tuesday October 28, 2008 - 10:00:10 GMT

9:56

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FX Blog- USD Trading Outlook: New York Open for October 28, 2008
Global-View Tuesday October 28, 2008 - 09:55:31 GMT

USD Trading Outlook: New York Open for October 28, 2008
  • As noted in our Far East open comments, on Monday the performance of U.S. share markets had not been stellar, but once again sellers in N.Y. did not pile onto overseas weakness.
  • So far, Asian bourses have gained and European exchanges are higher  More...    More...


Forex Research - Risk Appetite Improves Euro Back Above 1.25 Yen Runs to 95 – Bottom in Place?
Global Forex Trading Tuesday October 28, 2008 - 09:42:22 GMT

Risk Appetite Improves Euro Back Above 1.25 Yen Runs to 95 – Bottom in Place? Last Updated 10/28/2008 5:00:40 AM EST (GMT +5)

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Forex Research - US Dollar: Another Failed Attempt at Stabilization
Global Forex Trading Monday October 27, 2008 - 21:42:09 GMT

US Dollar: Another Failed Attempt at Stabilization Last Updated 10/27/2008 5:24:12 PM EST (GMT +5)

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Forex Market News - CANADA FX DEBT-C$ hit again by soft global economic outlook
Reuters Monday October 27, 2008 - 21:07:43 GMT

Mon Oct 27, 2008 4:33pm EDT * Dark global economic outlook weighs on Canadian dollar * Canadian dollar's October slide now at 17 percent * Bond prices rally on safe-haven hopes By Frank Pingue TORONTO, Oct 27 (Reuters) - The Canadian dollar closed at
its lowest level against the U  More...    More...



FOREX NEWS-US dollar, yen uptrend intact as risky assets shunned
Reuters Monday October 27, 2008 - 21:05:49 GMT

Mon Oct 27, 2008 3:54pm EDT

* Yen near 13-year peaks vs dollar despite G7 warning

* Dollar gains vs euro, sterling

* Markets on alert for BoJ intervention (Updates prices)

By Gertrude Chavez-Dreyfuss

NEW YORK, Oct 27 (Reuters) - The dollar and yen advanced on Monday as fears of global recession prompted investors to abandon risky assets, boosting both currencies that were sold to finance these investments  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Monday October 27, 2008 - 21:03:59 GMT

Morning Report Tuesday 28 October 2008

 

News and views

A relatively slow news day in the US and inconclusive price action on Wall Street saw the USD retreat from its early London strength  More...    More...


FX Blog- GVI Market Snapshot for October 27, 2008
Global-View Monday October 27, 2008 - 20:12:38 GMT

20:07

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USD Trading Outlook: Far East Open for October 28, 2008
Global-View Monday October 27, 2008 - 19:48:04 GMT

USD Trading Outlook: Far East Open for October 28, 2008 :

  • The performance of U.S. share markets was not stellar Monday, but once again they did not pile onto overseas weakness heading into N.Y. trading.
  • The G7 set the stage for forex intervention early in the day Monday as it voiced its concerns about the recent JPY volatility  More...    More...


Forex Market Commentary and Analysis (27 October 2008)
GCI Financial Monday October 27, 2008 - 18:05:36 GMT

The euro extended recent losses vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2335 level and was capped around the $1  More...    More...


Chart of the Day - 10/27/2008 - EUR/USD
FX Solutions Monday October 27, 2008 - 16:30:27 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend line in red; horizontal support/resistance levels in yellow; 50-period simple moving average in light blue.)

10/27/2008 – EUR/USD – Since the second peak of the double-top high was hit in mid-July, price on the EUR/USD daily chart, as shown, has plummeted drastically, with only one major correction in September  More...    More...


GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 27, 2008
Global-View Monday October 27, 2008 - 15:40:26 GMT

GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 27, 2008:
  • The commodity currencies (AUD, CAD and NZD) are all trading lower, as the financial markets probe for some sort of stability.
  • The RBA intervened in the forex markets on Friday and Monday to support the unit  More...    More...


And the Beat[Down] Goes On ...
Black Swan Capital Monday October 27, 2008 - 13:48:36 GMT

Key News
• Australian Central Bank Intervened as Currency Extended Decline (Bloomberg)
• Dollar Rally Reasserts Greenback's Haven Status as Deutsche Bank Says Buy (Bloomberg)
Key Reports Due (WSJ):
10:00a.m. Sep New Home Sales: Previous: -11  More...    More...


Forex Blog - Sleeping G7 Giant Roars or Snores?
Foreign Exchange Analytics Monday October 27, 2008 - 13:09:07 GMT

Sleeping G7 Giant Roars or Snores?
 
At the apparent behest of Japan’s Ministry of Finance Sunday, G7 issued a communiqué essentially calling for market participants to stop buying yen.  Here is what the statement said:
 
We reaffirm our shared interest in a strong and stable international financial system  More...    More...


FX Thoughts for the day - Evening - 27-Oct-2008 - 1255 GMT
FX Thoughts for the Day Monday October 27, 2008 - 13:01:24 GMT

FX Thoughts for the day -  Evening - 27-Oct-2008 - 1255 GMT

 

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www  More...    More...


Economics Weekly - UK data will keep focus on recession risk
Lloyds TSB Financial Markets Monday October 27, 2008 - 11:03:00 GMT

Economics Weekly 27 October 2008

 

UK data will keep focus on recession risk

 

The preliminary estimate last week showed that the UK economy contracted by 0  More...    More...


FOREX NEWS-Yen gains despite G7, dlr firm, more RBA buying seen
Reuters Monday October 27, 2008 - 10:43:22 GMT

Mon Oct 27, 2008 6:29am EDT

* Yen rallies despite G7 warning on yen volatility

* Yen near 13-year peak vs dlr <JPY=>, gains vs euro

* Euro hits 2-year low vs dollar <EUR=>

* Traders say RBA continues Aussie dollar-buying in Europe

(Releads, adds quotes, updates prices, changes dateline prvs TOKYO)

By Tamawa Kadoya

LONDON, Oct 27 (Reuters) - The yen rallied on Monday despite the Group of Seven singling out excessive volatility in the Japanese currency, while the dollar hit a two-year high against the euro as investors scrambled to shed riskier investments  More...    More...


Forex Blog - European Market Update: The week begins where it left off with risk aversion and de-leveraging
Trade the News Staff Monday October 27, 2008 - 10:14:41 GMT

Today 06:00am

European Market Update: The week begins where it left off with risk aversion and de-leveraging

*** ECONOMIC DATA ***

- (SP ) Spanish Sept Producer Prices M/M: -0  More...    More...


FX Blog- GVI Market Snapshot- Europe Mid-Session for October 27, 2008
Global-View Monday October 27, 2008 - 09:48:32 GMT

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Forex Research - Yen Continues to Strengthen, Euro Breaks 1.25 – Intervention in Store?
Global Forex Trading Monday October 27, 2008 - 09:46:31 GMT

Yen Continues to Strengthen, Euro Breaks 1.25 – Intervention in Store? Last Updated 10/27/2008 4:08:33 AM EST (GMT +5)

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USDCHF Bullish Channel
Forex Hound Monday October 27, 2008 - 09:45:34 GMT

USDCHF has been trading inside the same channel for the past week, once the pair broke above the 1.1485/1.15 resistance we saw it reach the top side of the channel, after that the pair retested the former resistance now turned into support and resumed the bullish movement  More...    More...


USD Trading Outlook: New York Open for October 27, 2008
Global-View Monday October 27, 2008 - 09:41:36 GMT

USD Trading Outlook: New York Open for October 27, 2008
  • The G7 has set the stage for forex intervention as they have voiced their concerns about the recent JPY volatility. One problem they face is that this is not a speculative move into the JPY  More...    More...


Forex Blog - Liquidating Market - When Will It End?
Global-View.com Saturday October 25, 2008 - 00:04:58 GMT

On the top of my trading checklist is to identify the type of market you are trading. Is it a trend, sideways, range, congestion, consolidation, or liquidating market? These can be subjective terms and often not clear until after the fact but having a feel for the type of market you are trading can be a valuable tool  More...    More...


Forex Research - Will the Fed Put a Stop to the Dollar Rally?
Global Forex Trading Friday October 24, 2008 - 23:45:33 GMT

Will the Fed Put a Stop to the Dollar Rally? Last Updated 10/24/2008 5:30:06 PM EST (GMT +5)

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Forex Market News - CANADA FX DEBT-C$ extends free-fall, ends week down 6.8 pct
Reuters Friday October 24, 2008 - 21:05:06 GMT

Fri Oct 24, 2008 4:48pm EDT

* Canadian dollar tumbles 1.4 pct, 6.8 pct for the week

* Bond prices mixed on talk of new U.S. bailout measures

* Inflation begins to ease in Sept, but reaction muted

By John McCrank

TORONTO, Oct 24 (Reuters) - The Canadian dollar's free-fall against the U  More...    More...


FOREX NEWS-Drop in stocks worldwide buoys U.S. dollar and yen
Reuters Friday October 24, 2008 - 21:03:28 GMT

Fri Oct 24, 2008 4:26pm EDT

* Dollar hits fresh two-year high vs basket of currencies

* Sterling sees biggest one-day drop vs dollar since 1992

* Grim European data reinforces global recession fears (Adds details, updates prices, changes byline)

By Nick Olivari

NEW YORK, Oct 24 (Reuters) - The U  More...    More...


Just when it started to look safe for a dollar correction…
Black Swan Capital Friday October 24, 2008 - 18:29:49 GMT

Key News
• Global stocks plumbed multi-year lows as fears of a global recession mounted. London’s FTSE 100 dropped below 4,000, and there were sharp falls in Asia and across Europe. Futures pointed to a 550-point fall for the Dow. (FT)
• Key Reports Due (WSJ):
10:00a  More...    More...


Forex Market Commentary and Analysis (24 October 2008)
GCI Financial Friday October 24, 2008 - 17:02:32 GMT

The euro fell sharply vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2495 level and was capped around the $1.3005 level  More...    More...


Forex Blog- FX Briefing - Yen and dollar surge
BHF-Bank Friday October 24, 2008 - 16:26:41 GMT

FX Briefing 24 October 2008

Highlights

·        Global equity market slump continues

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Forex Blog - US Market Update
Trade the News Staff Friday October 24, 2008 - 16:06:29 GMT

Today 11:16am US Market Update

Dow -360 NASDAQ -61 S&P -39

- US equity indices opened under serious duress as investors dumped stocks around the world on heightened fears of a pending, global economic calamity  More...    More...


FX Blog- GVI Weekly Forex Forecasts 24 October 2008
Global-View Friday October 24, 2008 - 13:47:45 GMT

October 24, 2008

Forex Forecast of Major Currency Pairs

The Global-View.com Month Ahead Currency Outlook is prepared weekly by the trading professionals at GVI Forex  More...    More...


FOREX NEWS-Yen rockets as risk aversion hits extremes
Reuters Friday October 24, 2008 - 12:49:20 GMT

Fri Oct 24, 2008 8:41am EDT

* Yen surges broadly, dlr tumbles below 91 yen to 13-yr low

* Euro posts largest drop vs yen <EURJPY=>; 2-yr low vs dlr

* Euro area PMIs grim, UK econ shrinks more than expected

* Nikkei plunges below 8,000, European equities sink

(update prices, adds quotes)

By Tamawa Kadoya and Veronica Brown

LONDON, Oct 24 (Reuters) - The yen shot to multi-year highs versus the dollar and euro on Friday, as tumbling global stock markets intensified risk aversion, crystallising investor fears on the possibility of a prolonged global recession  More...    More...


FX Thoughts for the day - Evening - 24-Oct-2008 - 1215 GMT
FX Thoughts for the Day Friday October 24, 2008 - 12:19:44 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

USD-CHF @ 1  More...    More...


Forex Blog - European Market Update: OPEC cuts output production by 1.5M BPD; Carry-related unwinding hits global equity markets; Risk aversion galore
Trade the News Staff Friday October 24, 2008 - 10:20:52 GMT

Today 06:08am European Market Update: OPEC cuts output production by 1.5M BPD; Carry-related unwinding hits global equity markets; Risk aversion galore

 *** ECONOMIC DATA ***

- (GE) German Sept Import Price Index M/M: -1.0% v -0/8; Y/Y: 7  More...    More...



Forex Research - Equity Markets in Full Meltdown Yen Through 93 Selling Hits Full Panic
Global Forex Trading Friday October 24, 2008 - 10:17:29 GMT

Equity Markets in Full Meltdown Yen Through 93 Selling Hits Full Panic Mode Last Updated 10/24/2008 5:28:00 AM EST (GMT +5)

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FX Blog- GVI Market Snapshot- Europe Mid-Session for October 24, 2008
Global-View Friday October 24, 2008 - 09:51:50 GMT

Market Snapshot

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USD Trading Outlook: New York Open for October 24, 2008
Global-View Friday October 24, 2008 - 09:47:21 GMT

USD Trading Outlook: New York Open for October 24, 2008
  • The stage has been set for another coordinated rate cut. The focus of monetary policy now is still on the BOE ans ECB. Both have badly bungled policy recently. The problem is that psychologically a rate cut would likely not help much at this juncture  More...    More...


FX Blog - EUR/USD Freefall Challenges Key Levels
Global-View.com Friday October 24, 2008 - 09:34:26 GMT

For more information on GVI Forex Click Here

As posted on GVI Forex:

GVI Forex Jay 09:29 GMT October 24, 2008
EUR/USD:
Not only did I take a double take but a triple and than quadruple take when I walked in and looked at the screen  More...    More...


EURUSD At Support
Forex Hound Friday October 24, 2008 - 08:49:24 GMT

Yesterday's triangle on EURUSD played nicely, after the pair retested one more time the support zone it moved slowly higher and got very close to the 1.3000 resistance. In today's Asian session we're seeing EURUSD approaching once again the base at 1.2730, a new rejection from these levels(it'll be the 5th in the past couple of days) will certainly reinforce the support and we can expect to move higher taking out the 1  More...    More...


FX Blog - EUR/USD Update
Global-View.com Thursday October 23, 2008 - 22:54:47 GMT

For more information on GVI Forex Click Here

As posted on GVI Forex:

GVI Forex Jay 21:54 GMT October 23, 2008
EUR/USD setup:
EUR/USD setup for 1.30 happened quicker than expected. Now, 1.2940 needs to hold to keep the risk on 1  More...    More...



Forex Research - US Dollar: Stabilization?
Global Forex Trading Thursday October 23, 2008 - 21:39:00 GMT

US Dollar: Stabilization? Last Updated 10/23/2008 5:17:13 PM EST (GMT +5)

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Forex Market News - CANADA FX DEBT-Currency down for 5th straight session
Reuters Thursday October 23, 2008 - 21:10:31 GMT

Thu Oct 23, 2008 5:06pm EDT

* Canadian dollar now down 21 percent in 2008

* Bond prices end lower as riskier assets back in favor

* Friday's CPI data not expected to have big impact

By Frank Pingue

TORONTO, Oct 23 (Reuters) - The Canadian dollar closed slightly lower against the U  More...    More...


FOREX NEWS-Dollar climbs two-year peaks but ends lower
Reuters Thursday October 23, 2008 - 21:03:34 GMT

Thu Oct 23, 2008 4:53pm EDT

* Dollar down after two-year peak vs dollar index

* Euro slumps to two-year low against dollar, rebounds

* Brazil's central bank offers dollars (Recasts; updates prices, changes byline)

By Nick Olivari

NEW YORK, Oct 23 (Reuters) - The dollar was lower on Thursday, after earlier climbing to a fresh two-year high against the euro and a basket of currencies, after aggressive dollar selling by Brazil's central bank helped lend some stability to emerging market currencies, analysts said  More...    More...


FX Blog- GVI Market Snapshot for October 23, 2008
Global-View Thursday October 23, 2008 - 20:30:58 GMT

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FX Blog- USD Trading Outlook: Far East Open for October 24, 2008
Global-View Thursday October 23, 2008 - 20:07:51 GMT

USD Trading Outlook: Far East Open for October 24, 2008
  • Pretty much as expected, trading largely was cautious on Thursday. It appeared that the recent volatility in key USD pairs has sent many market participants to the sidelines. We suggested earlier that one has to wonder if the selling climax might be approaching its conclusion for equities  More...    More...


Forex Market Commentary and Analysis (23 October 2008)
GCI Financial Thursday October 23, 2008 - 16:41:34 GMT

The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2725 level and was capped around the $1.2890 level.  Traders are talking about reports that the Bush administration may implement a US$ 40 billion plan to help troubled homeowners refinance their mortgages  More...    More...


Forex Blog - US Market Update
Trade the News Staff Thursday October 23, 2008 - 15:52:40 GMT

Today 11:36am

US Market Update

Dow +184 S&P +15 NASDAQ +8

- After a rocky start equity markets are posting respectable gains this morning. Credit jitters returned briefly early on after the sequential declines in three-month USD LIBOR hit a wall, the overnight USD LIBOR actually rose and commercial paper outstanding was seen falling for the seventh week in a row  More...    More...


Chart of the Day - 10/23/2008 - GBP/USD
FX Solutions Thursday October 23, 2008 - 15:26:53 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend lines in red; horizontal support/resistance levels in yellow; chart pattern in grey; 50-period simple moving average in light blue  More...    More...


GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 23, 2008:
Global-View Thursday October 23, 2008 - 15:08:28 GMT

GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 23, 2008:
  • The commodity currencies (AUD, CAD and NZD) are trading mixed. The CAD still has not fully recovered from the BOC rate cut Tuesday and the promise of more. The AUD has fallen with a lag  More...    More...


FX Blog - EUR/USD Update
Global-View.com Thursday October 23, 2008 - 11:29:46 GMT

For more information on GVI Forex Click Here

As posted on GVI Forex:

GVI Forex Jay 10:08 GMT October 23, 2008
EUR/USD: 


The move up just now hit a wall just below the intra-day high of 1  More...    More...


FX Thoughts for the day - Evening - 23-Oct-2008 - 1057 GMT
FX Thoughts for the Day Thursday October 23, 2008 - 11:01:23 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

USD-CHF @ 1  More...    More...


EURUSD Triangle
Forex Hound Thursday October 23, 2008 - 10:20:49 GMT

After the big momentum drop we've seen in the last few days on EURUSD the pair has managed to find some support at 1.2730 and it formed a triangle pattern, already testing the support a couple of times. This pattern is usually a continuation one, so any break to the downside, especially with the current bearish bias should be played accordingly  More...    More...


Forex Blog - European Market Update: Emerging market concerns and weaker EU industrial order data hit equities
Trade the News Staff Thursday October 23, 2008 - 10:03:56 GMT

Today 05:52am European Market Update: Emerging market concerns and weaker EU industrial order data hit equities

*** ECONOMIC DATA ***

- (FR) French Oct Business Confidence Indicator: 88 v 89e; Production Outlook Indicator: -66 v -45e; Own-Company Production: -19 v --13e;

- (FR) French Sept Consumer Spending M/M: 0  More...    More...


FX Blog- GVI Market Snapshot- Europe Mid-Session for October 23, 2008
Global-View Thursday October 23, 2008 - 09:56:54 GMT

9:44

 USD

pips

10yr

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2yr

bp

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FX Blog- USD Trading Outlook: New York Open for October 23, 2008
Global-View Thursday October 23, 2008 - 09:49:56 GMT

USD Trading Outlook: New York Open for October 23, 2008
  • Trading appears to be off to a calmer start heading into N.Y. today. The Nikkei closed down sharply again today but it was well of its worst levels of the session. One has to wonder if the selling climax might be approaching its conclusion for equities  More...    More...


Forex Research - Euro Whipsawed by Risk Flows as Volatility Remains High
Global Forex Trading Thursday October 23, 2008 - 09:21:57 GMT

Euro Whipsawed by Risk Flows as Volatility Remains High Last Updated 10/23/2008 5:17:38 AM EST (GMT +5)

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FOREX NEWS-Dlr holds gains vs euro; recession fears remain
Reuters Thursday October 23, 2008 - 09:19:58 GMT

Thu Oct 23, 2008 5:13am EDT

(Changes byline, adds quotes, previous TOKYO)

* Global recession fears continue to boost dollar, yen

* Euro hits two-year low vs dollar, six-year low vs yen

* Troubles in central European markets pressure euro

* WSJ report on U  More...    More...


Forex Blog - Dollar Continues to Rally: What is Behind the Move?
Global Forex Trading Wednesday October 22, 2008 - 21:27:09 GMT

Dollar Continues to Rally: What is Behind the Move? Last Updated 10/22/2008 5:16:00 PM EST (GMT +5)

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Forex Market News - Canadian dollar tumbles below 80 U.S. cents
Reuters Wednesday October 22, 2008 - 20:54:30 GMT

Wed Oct 22, 2008 4:41pm EDT

* Canadian dollar skids to mid-2005 level

* Stronger U.S. dollar and weak oil blamed for slide

* Slide in retail sales data helps boot bond prices

By Frank Pingue

TORONTO, Oct 22 (Reuters) - The Canadian dollar was whacked to its lowest level versus the U  More...    More...


FOREX NEWS-Dollar jumps to 2-yr peak on global recession fears
Reuters Wednesday October 22, 2008 - 20:41:01 GMT

Wed Oct 22, 2008 4:34pm EDT

* Dollar hits 2-year high vs euro and currency basket

* BoE's King's recession comments rattle investors

* Yen rises broadly, global recession fears hurt stocks (Adds details, updates prices, changes byline)

By Nick Olivari

NEW YORK, Oct 22 (Reuters) - The U  More...    More...


FX Blog- GVI Market Snapshot for October 22, 2008
Global-View Wednesday October 22, 2008 - 20:36:46 GMT

20:32

 USD

pips

10yr

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2yr

bp

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Forex Blog - By Any Means Necessary
Foreign Exchange Analytics Wednesday October 22, 2008 - 20:21:15 GMT

By Any Means Necessary

 

Lenin and Trotsky agreed on a strategy for the socialist revolution in Russia – by any means necessary.  With developed capitalist economies running headstrong into nationalizing key industries starting but not ending with banking under the too big, too connected and too influential to fail principle, one can easily imagine Paulson and Bernanke are the modern day revolutionaries bringing socialist principles to banking under the strategy of by any means necessary  More...    More...


FX Blog- USD Trading Outlook: Far East Open for October 23, 2008
Global-View Wednesday October 22, 2008 - 19:55:01 GMT

USD Trading Outlook: Far East Open for October 23, 2008
  • A sharp decline in the Nikkei Wednesday saw another unwinding of leveraged trades in many centers. These flows saw the JPY advance and many (but not all) of the carry trade vehicles decline  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Wednesday October 22, 2008 - 19:21:58 GMT

Morning Report Thursday 23 October 2008

 

News and views

USD Index was curiously quiet and range-bound in London/NY after brutal price action in Asia-Pacific trade Wed, even paying little attention to heavy losses on Wall Street  More...    More...


Forex Market Commentary and Analysis (22 October 2008)
GCI Financial Wednesday October 22, 2008 - 18:47:47 GMT

The euro came off sharply vis-à-vis the U  More...    More...


Japanese Situation Getting Much Worse
Larry Greenberg Wednesday October 22, 2008 - 17:04:56 GMT

The good news supposedly is that Japan’s financial institutions already experienced a major purge much earlier this decade, but that positive factor is being drowned in a sea of bad news. The economy has joined Europe and the United States in recession, and Japanese prospects are darkening  More...    More...


Forex Blog - US Market Update
Trade the News Staff Wednesday October 22, 2008 - 16:40:27 GMT

Today 11:56am US Market Update
Dow -300 S&P -32 NASDAQ -35

- Equity, currency and commodity markets remain volatile this morning as traders continue to focus on weakening corporate earnings results, as well as the breadth, intensity and duration of the ongoing economic slowdown  More...    More...



FX Blog- GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 22, 2008
Global-View Wednesday October 22, 2008 - 15:36:28 GMT

GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 22, 2008
  • The commodity currencies (AUD, CAD and NZD) are trading mixed. The CAD has not recovered from the BOC rate cut yesterday and the promie of more. The kiwi has suffered as well  More...    More...


Chart of the Day - 10/22/2008 - EUR/USD
FX Solutions Wednesday October 22, 2008 - 14:46:38 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend line in red; horizontal support/resistance levels in yellow; 50-period simple moving average in light blue.)

10/22/2008 – EUR/USD – Drastically bearish price action within the last few days on the EUR/USD (a daily chart of which is shown) has continued the steep downtrend in the pair that has prevailed since the second peak of the long-term double top was reached in mid-July  More...    More...


An Attack on Friedman from the PC Crowd
Black Swan Capital Wednesday October 22, 2008 - 14:31:18 GMT


Key News
• The euro fell below $1.28 for the first time since November 2006 and the pound tumbled to a five- year low on speculation European central banks will cut interest rates as the global economy heads for recession.
• Russian companies may default on almost a third of local-currency bonds as soaring borrowing costs make it ``impossible'' to refinance the debt, according to the Bank of Moscow  More...    More...


FX Thoughts for the day - Evening - 22-Oct-2008 - 1216 GMT
FX Thoughts for the Day Wednesday October 22, 2008 - 12:22:29 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 
USD-CHF @ 1  More...    More...


FX Blog - EUR/USD Chart Points:
Global-View.com Wednesday October 22, 2008 - 12:18:20 GMT

For more information on GVI Forex Click Here

As posted on GVI Forex:

GVI Forex Jay 12:02 GMT October 22, 2008
EUR/USD Chart Points:
As noted yesterday, chart levels, unless major points, lose significance the farther you go out in time, which increases the significance of pivotal big figures  More...    More...



FX Blog- Global-View.com Month Ahead Interest Rate Outlook for September 22, 2008
Global-View Wednesday October 22, 2008 - 11:21:54 GMT

October 22, 2008

Monetary Policy Forecasts for Major Economies

The Global-View.com Monetary Policy Outlook is prepared weekly by the trading professionals at GVI Forex  More...    More...


EURUSD Freefall
Forex Hound Wednesday October 22, 2008 - 10:23:12 GMT

EURUSD, along side the other majors has been trading USD strength and has covered over 500 points in the last 24 hours. The pair failed to trigger our inverted head and shoulders breaking through every support level in sight and pushing well beyong 1.3000  More...    More...


Forex Blog - European Market Update: equity and currency volatility seen fueled by continued concerns over possible defaults on commodity contracts as prices collapse
Trade the News Staff Wednesday October 22, 2008 - 10:02:58 GMT

Today 05:33am European Market Update: equity and currency volatility seen fueled by continued concerns over possible defaults on commodity contracts as prices collapse

*** ECONOMIC DATA ***

- (JN) Japan Sept Supermarket Sales: -2  More...    More...



FX Blog- GVI Market Snapshot- Europe Mid-Session for October 22, 2008
Global-View Wednesday October 22, 2008 - 09:59:17 GMT

9:55

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

n/a

n/a

3  More...    More...


FX Blog- USD Trading Outlook: New York Open for October 22, 2008
Global-View Wednesday October 22, 2008 - 09:51:30 GMT

USD Trading Outlook: New York Open for October 22, 2008
  • There is nothing more difficult than for leveraged traders to try to pick bottoms in a liquidating market. New lows often trigger fast liquidations. Hungary has moved into the cross-hairs of the hedge fund raiders now  More...    More...


Forex Research - Euro, Pound Slaughtered in Overnight Trade as Massive Anti-Dollar Bets Go Wrong – Selling Climax?
Global Forex Trading Wednesday October 22, 2008 - 09:31:44 GMT

Euro, Pound Slaughtered in Overnight Trade as Massive Anti-Dollar Bets Go Wrong – Selling Climax? Last Updated 10/22/2008 5:05:00 AM EST (GMT +5)

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FOREX NEWS-Dollar jumps to 2-yr high vs euro on risk unwind
Reuters Wednesday October 22, 2008 - 09:10:27 GMT

Wed Oct 22, 2008 4:54am EDT

* Dollar hits 2-year high vs euro, currency basket

* Traders liquidate high-risk positions, also boosting yen

* Sterling battered after BoE King's recession comments

(Changes dateline, byline, adds comment, details, updates prices)

By Naomi Tajitsu

LONDON, Oct 22 (Reuters) - The dollar soared to a two-year high against the euro and a basket of currencies on Wednesday as a worsening global economic outlook prompted more investors to liquidate risky assets in favour of the U  More...    More...


Forex Research - Dollar Rally Could be Short Lived
Global Forex Trading Tuesday October 21, 2008 - 21:48:52 GMT

Dollar Rally Could be Short Lived Last Updated 10/21/2008 5:38:13 PM EST (GMT +5)

TODAY’S BIGGEST PERCENTAGE MOVERS

AUD/JPY ( More...    More...


Forex Market News - Canadian dollar skids to lowest close since 2005
Reuters Tuesday October 21, 2008 - 21:45:47 GMT

  Tue Oct 21, 2008 4:36pm EDT * Canadian dollar tumbles after Bank of Canada rate cut * Bank of Canada signals more rate cuts on the horizon * Bonds rally after rate cut and skid in Toronto stocks By Frank Pingue TORONTO, Oct 21 (Reuters) - The Canadian dollar skidded to its lowest close in more than three years versus the U  More...    More...


FOREX NEWS-Dollar soars to 20-month high; euro drops vs yen
Reuters Tuesday October 21, 2008 - 21:44:09 GMT

Tue Oct 21, 2008 4:56pm EDT

* Dollar index scales 1-1/2-year high, euro slides

* Focus back on global economic outlook

* Yen rises, U.S. stocks fall on profit worries (Recasts, updates prices, changes byline)

By Nick Olivari

NEW YORK, Oct 21 (Reuters) - The dollar climbed to its highest since February 2007 against a basket of currencies on Tuesday as investors bet that interest rates outside the United States will fall sharply to shore up global growth  More...    More...


FX Blog- Market Snapshot for October 21, 2008
Global-View Tuesday October 21, 2008 - 20:23:58 GMT

20:20

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FX Blog- USD Trading Outlook: Far East Open for October 22, 2008
Global-View Tuesday October 21, 2008 - 20:11:40 GMT

USD Trading Outlook: Far East Open for October 22, 2008
  • Tuesday markets in the U.S. had a risk aversion fell to them although there seemed to be no explicit focus. The USD responded positively to the Bernanke blessing of significant fiscal stimulus Monday  More...    More...


FX Research - Morning Report
Westpac Institutional Bank Tuesday October 21, 2008 - 19:23:33 GMT

Morning Report Wednesday 22 October 2008

 

News and views

Despite further easing in money markets (3mth USD LIBOR -22bp to 3  More...    More...


Forex Market Commentary and Analysis (21 October 2008)
GCI Financial Tuesday October 21, 2008 - 16:59:57 GMT

The euro depreciated vis-à-vis the U  More...    More...


Forex Blog - US Market Update
Trade the News Staff Tuesday October 21, 2008 - 16:11:38 GMT

Today 11:51am US Market Update
Dow -135 NASDAQ -36 S&P -17.5

- Equity markets are bit choppy as volume remains unconvincing, while investors balance continued improvement in the credit markets with more and more signs of economic strain in quarterly earnings reports  More...    More...



New Zealand's Turn
Larry Greenberg Tuesday October 21, 2008 - 15:51:31 GMT

The Bank of Canada eased monetary policy earlier today. Tomorrow at 20:00 GMT (09:00 on Thursday locally), the Reserve Bank of New Zealand will reduce its cash rate for the third time within three months. Markets look for a 100-bp cut, although a reduction of 75 basis points is possible  More...    More...


The Dollar’s Side of the Teeter-Totter is Least Heavy
Black Swan Capital Tuesday October 21, 2008 - 15:45:15 GMT

Key News
• Euro May Slide to $1.26 as ECB to Cut Rates, Citigroup's Fitzpatrick Says (Bloomberg)
• Swiss Exports Fall for First Time Since 2005; Global Slowdown Damps Orders (Bloomberg)
• Thaksin Found Guilty of Corruption (WSJ)

Quotable
“I think if you have some principles and know what you're doing, the market responds  More...    More...


F X Blog - EUR/USD Chart Points - An Addendum
Global-View.com Tuesday October 21, 2008 - 11:52:12 GMT

For more information on GVI Forex Click Here

As posted on GVI Forex:

GVI Forex Jay 11:48 GMT October 21, 2008
Major EUR/USD Retracements 

EUR/USD retracements for 8228-1.6040

1  More...    More...


FX Thoughts for the day - Evening - 21-Oct-2008 - 1147 GMT
FX Thoughts for the Day Tuesday October 21, 2008 - 11:50:44 GMT

EURO, JAP YEN and EURO-YEN
---------------------------
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at
http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register

Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
---------------------

 
USD-CHF @ 1  More...    More...


Forex Blog - European market Update: European stocks firmer on French Gov't investment in banks; USD maintains firmer tone
Trade the News Staff Tuesday October 21, 2008 - 10:50:52 GMT

Today 06:10am European market Update: European stocks firmer on French Gov't investment in banks; USD maintains firmer tone

*** ECONOMIC DATA ***

- (CH) China Sept Wholesale Prices Y/Y: 7.0% v 8.2% prior

- (SZ) Swiss Sept Trade Balance  More...    More...


FX Blog - EUR/USD Chart Points
Global-View.com Tuesday October 21, 2008 - 10:35:01 GMT

For more information on GVI Forex Click Here

As posted on GVI Forex:

GVI Forex Jay 10:27 GMT October 21, 2008
EUR/USD::
The break of the recent 1.3260 low has seen 1.3200 approached (low 1.3209) as eur/usd trades to levels not seen since March 2007  More...    More...



USDCHF Pushed Above 1.1485
Forex Hound Tuesday October 21, 2008 - 09:52:16 GMT

USDCHF has moved strongly in yesterday's US session breaking above the double top we have marked on our charts at 1.1485, after making the move the pair started a small consolidation just above the support level; this pattern looks like a bullish flag on the smaller timeframes but after yesterday's 200 points move it needs to take a "breather"  More...    More...


FX Research - Euro Hits a 19 Month Low As Fears of EZ Recession Grow
Global Forex Trading Tuesday October 21, 2008 - 09:50:14 GMT

Euro Hits a 19 Month Low As Fears of EZ Recession Grow Last Updated 10/21/2008 4:55:49 AM EST (GMT +5)

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FX Blog- GVI Market Snapshot- Europe Mid-Session for October 21, 2008
Global-View Tuesday October 21, 2008 - 09:44:05 GMT

Market Snapshot

9:40

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FX Blog- USD Trading Outlook: New York Open for October 21, 2008
Global-View Tuesday October 21, 2008 - 09:39:17 GMT

USD Trading Outlook: New York Open for October 21, 2008
  • The USD continues to respond positively to the Bernanke blessing of significant fiscal stimulus yesterday in Congressional testimony. Markets ae rewarding the currencies of countries who take aggressive actions  More...    More...


FOREX NEWS-Dlr firm as demand for cash outweighs fundamentals
Reuters Tuesday October 21, 2008 - 09:38:08 GMT

Tue Oct 21, 2008 4:38am EDT

* Dlr index near 16-month high, euro/dlr at 1-1/2 yr low

* Yen up in reflection of underlying financial market stress

* Banks funding demand still dollar-supportive

* Investors start to look beyond money market jam

(Releads, changes dateline, byline, adds quotes, update prices PVS TOKYO)

By Veronica Brown

LONDON, Oct 21 (Reuters) - The dollar hit its highest in 1-1/2 years versus the euro on Tuesday and held near 16-month highs against a basket of currencies fuelled by ongoing demand from banks picking up the U  More...    More...


Forex Research - Which Currencies Fail to Join the Rally in Equities?
Global Forex Trading Monday October 20, 2008 - 21:34:12 GMT

Which Currencies Fail to Join the Rally in Equities? Last Updated 10/20/2008 5:16:45 PM EST (GMT +5)

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Forex Market News - Canadian dollar ends down ahead of likely rate cut
Reuters Monday October 20, 2008 - 21:29:51 GMT

  Mon Oct 20, 2008 4:28pm EDT * Canadian wholesale trade falls more than expected * Focus on Tuesday's Bank of Canada rate announcement * Short-end bond prices up ahead of rate announcement By Frank Pingue TORONTO, Oct 20 (Reuters) - The Canadian dollar fell versus the U  More...    More...


FOREX NEWS-Dollar rallies despite rise in risk appetite
Reuters Monday October 20, 2008 - 20:31:30 GMT

  Mon Oct 20, 2008 4:25pm EDT

* Dollar rebounds, shrugs off improvement in risk appetite

* Fed's Bernanke endorses idea of second stimulus plan

* Stocks on Wall Street maintain gains (Recasts, updates prices, changes byline)

By Nick Olivari

NEW YORK, Oct 20 (Reuters) - The U  More...    More...


FX Blog- Market Snapshot for October 20, 2008
Global-View Monday October 20, 2008 - 20:11:34 GMT

20:06

 USD

pips

10yr

bp

2yr

bp

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pts

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FX Blog- USD Trading Outlook: Far East Open for October 21, 2008
Global-View Monday October 20, 2008 - 19:36:47 GMT

USD Trading Outlook: Far East Open for October 21, 2008
  • Risk aversion eased. LIBOR rates turned lower (3mo USD 4.06%, -36bp), after reportedly JPM banged the one month yield down last Friday. Levels are very lofty.
  • USD has tended to gain when market risk is rising and lose in times of stability  More...    More...


Forex Blog - US Market Update
Trade the News Staff Monday October 20, 2008 - 16:46:29 GMT

Today 11:30am US Market Update

Dow +69 S&P +9 NASDAQ -4

- Markets got off to a good start in New York this morning thanks to further drops in the three-month USD LIBOR fixing and a jolt of confidence after Fed Chairman Bernanke told Congress that it would be appropriate for it to consider another fiscal stimulus package  More...    More...


GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 20, 2008:
Global-View Monday October 20, 2008 - 15:21:44 GMT

 GVI Trading Outlook: Commodity Currencies, Oil and Gold for October 20, 2008:
  • The commodity currencies (AUD, CAD and NZD) are trading mixed. The AUD and NZD have improved.
  • The CAD is weaker ahead of an expected -50bp rate cut by the Bank of Canada tomorrow  More...    More...


Chart of the Day - 10/20/2008 - USD/JPY
FX Solutions Monday October 20, 2008 - 15:21:22 GMT

(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend lines in red; horizontal support/resistance levels in yellow; chart pattern in grey; 50-period simple moving average in light blue  More...