Market Tracker
|
Forex Research
Return to Forex Trading Home Page
TradeTheNews.com US Market Update
Trade the News Staff Friday December 31, 2010 - 16:22:36 GMT
The greenback limped into the final session of the year on a soft note, with dealers saying such weakness was often a seasonal phenomenon. More...
|
Technicals Trump Fundamentals in End-Of-Year Trading
Global-View.com Friday December 31, 2010 - 11:41:41 GMT
I learned many years ago not to fight the charts and this week has been an example of how the technicals can confound the fundamentals. The EURUSD headed into this last week of the year with forecasts lined up towards weakness into 2011. However More...
|
Daily GVI Forex Forex View- Yearend
global-view.com Friday December 31, 2010 - 11:02:36 GMT
11:00 GMT (Global-View.com) Dec 31- Most markets have closed for the year or will be closing in a couple of hours or so. For some inexplicable reason, equity markets in the U.S. will be open today all alone, nor will they observe the New Years Day holiday More...
|
Morning Briefing : 31-Dec-2010 -0336 GMT
FX Thoughts for the Day Friday December 31, 2010 - 03:43:54 GMT
HAPPY NEW YEAR. Hope 2010 was good for you and 2011 will be even better.
The US equities closed marginally lower yesterday. More...
|
TradeTheNews.com US Market Update
Trade the News Staff Thursday December 30, 2010 - 16:51:39 GMT
Sterling was softer during the New York morning on European demand for EUR/GBP coupled with some uncertainty over the UK economic outlook. The greenback found some traction from the improvement seen in weekly jobless claims data, although More...
|
Daily GVI Forex Forex View- Yearend Trade
global-view.com Thursday December 30, 2010 - 10:37:56 GMT
11:00 GMT (Global-View.com) Dec 30- As noted yesterday, this has been a surprisingly active end of year period. We have noted again that the JPY has gained vs. the USD again as exporters continue to hedge their USD transaction exposures. The CHF is also i More...
|
TradeTheNews.com US Market Update
Trade the News Staff Wednesday December 29, 2010 - 16:24:33 GMT
The absence of US economic data and anemic trading volumes is making for a very slow US session. US and European equity indices continue to edge out to fresh two-year highs, with the exception of the FTSE in the UK, which is down slightly. More...
|
AUD/USD Reaches for Decades-Long High
FX Solutions Wednesday December 29, 2010 - 16:20:24 GMT
AUD/USD (a daily chart of which is shown) as of Wednesday (12/29/2010) has risen to approach the extremely long-term, decades-long high around 1.0180 that was just hit in early November. More...
|
Daily GVI Forex Forex View- Yearend Adjustments
global-view.com Wednesday December 29, 2010 - 11:50:10 GMT
12:00 GMT (Global-View.com) Dec 29- I had promised myself to take a break from this report until the new year, but too much is happening n this normally quiet time of year. Government statisticians are pretty much on the sidelines until January, so there More...
|
Forexpros Daily Analysis - 29/12/2010
Forexpros Wednesday December 29, 2010 - 10:22:49 GMT
Ready to get started in the Forex market? Join us for an introduction to currency trading and discover the opportunities that exist in the world's most traded financial market.
More...
|
USD/JPY Continues Breakdown
FX Solutions Tuesday December 28, 2010 - 17:06:26 GMT
USD/JPY (a 4-hour chart of which is shown) as of Tuesday (12/28/2010) has continued its bearish stance after breaking down swiftly below a key parallel uptrend channel last week More...
|
TradeTheNews.com US Market Update
Trade the News Staff Tuesday December 28, 2010 - 16:17:55 GMT
The greenback managed to recover from its worst levels against the major pairs but the price action remains mixed overall. More...
|
TradeTheNews.com US Market Update
Trade the News Staff Monday December 27, 2010 - 16:03:58 GMT
The NY morning saw limited price movement as dealers noted that only the timing of China's move was a surprise and should limit impact. EUR/USD was drifting towards the upper part of its session (and recent 7-day trading range).
More...
|
Forexpros Daily Analysis - 27/12/2010
Forexpros Monday December 27, 2010 - 11:37:31 GMT
Ready to get started in the Forex market? Join us for an introduction to currency trading and discover the opportunities that exist in the world's most traded financial market.
More...
|
Forex - Morning Report (Westpac)
Westpac Institutional Bank Thursday December 23, 2010 - 19:53:22 GMT
AUD/USD and NZD/USD outlook next 24 hours: The general sense is that traders were short NZD going into the GDP data. Having failed to get any mileage out of the weak outturn, they may be wary of More...
|
Forex 2010 Year-End Review
FX Solutions Thursday December 23, 2010 - 16:35:36 GMT
As we close out this year, several major themes have emerged to characterize the year 2010 from a technical price action perspective. For one, there was dramatic euro weakness. More...
|
TradeTheNews.com US Market Update
Trade the News Staff Thursday December 23, 2010 - 16:29:48 GMT
Volume is very low on US exchanges in the final trading session before the Christmas holiday and the Nasdaq and S&P500 are in negative territory following this morning's economic data. More...
|
Daily GVI Forex Forex View- Korean Tensions
global-view.com Thursday December 23, 2010 - 09:46:27 GMT
11:00 GMT (Global-View.com) Dec 23- This will be the final trading session before the Christmas break in most centers. Many markets, including many in the U.S., will close early. South Korea has made headlines today as it has taken a strong stand against More...
|
Forex - Morning Report (Westpac)
Westpac Institutional Bank Wednesday December 22, 2010 - 20:43:36 GMT
AUD/USD and NZD/USD outlook next 24 hours: NZ Q3 GDP will be the main focus later this morning. The consensus is for a 0.1% gain,. Westpac looks for a... More...
|
GBP/USD Breaks Head-and-Shoulders Neckline
FX Solutions Wednesday December 22, 2010 - 20:27:34 GMT
GBP/USD (a daily chart of which is shown) as of Wednesday (12/22/2010) has broken down below the neckline of a clear head-and-shoulders pattern that has the top of its head around the 1.6300 high. More...
|
TradeTheNews.com US Market Update
Trade the News Staff Wednesday December 22, 2010 - 16:38:23 GMT
The greenback continues to see mixed trading against the major pairs, although it has basically shrugged off the revisions to final US Q3 GDP. EUR/USD was back below the 1.31 handle and retesting the redrawn key uptrend line from Jun around the 1.3070 are More...
|
Forexpros Daily Analysis - 22/12/2010
Forexpros Wednesday December 22, 2010 - 13:20:59 GMT
On the daily, the euro has found support at full half way back at 1.30742, but is still technically in a short setup, with a target at 1.27715. More...
|
Daily GVI Forex Forex View- EUR Rebounds
global-view.com Wednesday December 22, 2010 - 10:48:05 GMT
11:00 GMT (Global-View.com) Dec 22- Its been an active past twelve hours or so in the EURUSD with the pair finally breaking through the 1.3100 level (and 200-day moving average) before rebounding strongly a short while ago on word that China reportedly ha More...
|
FOREX NEWS - Euro fall deepens against Swiss franc
Reuters Wednesday December 22, 2010 - 09:40:19 GMT
The euro hit all-time lows against the Swiss franc on Wednesday, with investors increasingly nervous about the single currency's prospects given the euro zone's peripheral debt problems.
More...
|
Forex - Morning Report (Westpac)
Westpac Institutional Bank Tuesday December 21, 2010 - 20:24:24 GMT
AUD/USD and NZD/USD outlook next 24 hours: Europe's issues remain a very distant issue for the AUD which sits ever closer to the parity level. We see this pattern continuing and AUD outperforming Europe into next year. The NZD becomes much more dependent More...
|
Fair? Life is not fair; so never say never!
Black Swan Capital Tuesday December 21, 2010 - 19:09:13 GMT
But you retort: no way. Periphery states such as Greece and Ireland can’t leave. They are not allowed. It would be economic suicide for them to go ... More...
|
TradeTheNews.com US Market Update
Trade the News Staff Tuesday December 21, 2010 - 17:18:27 GMT
Positive momentum is again carrying US equity indices higher, with little in the way of bad news to derail sentiment. More...
|
USD/JPY Uptrend Retracement
FX Solutions Tuesday December 21, 2010 - 16:17:26 GMT
USD/JPY (a 4-hour chart of which is shown) as of Tuesday (12/21/2010) has retraced to support in the 83.50 price region, which is also close to approaching the lower border of a key parallel uptrend More...
|
FOREX NEWS-Euro slips as Moody's puts Portugal on review
Reuters Tuesday December 21, 2010 - 12:28:41 GMT
The euro pared gains against the dollar in thin trade on Tuesday after ratings agency Moody's put Portugal on review for a possible downgrade, reinforcing worries that the euro zone's debt crisis would persist well into 2011.
More...
|
Daily GVI Forex Forex View- Slight EUR Rebound
global-view.com Tuesday December 21, 2010 - 11:02:42 GMT
11:00 GMT (Global-View.com) Dec 21- Moodys gave pre-holiday markets a jolt early Tuesday as they threatened a debt downgrade for Portugal and lowered the ratings on two regions in Spain. The European debt crisis will likely persist well into the new year. More...
|
Gold Forecast for Q1 2011
FXTimes Tuesday December 21, 2010 - 01:30:20 GMT
The gold rally has been impressive. Did you know that? Have you seen any major publications talking up gold? Have you seen an increase in turn your gold to cash businesses? These might be signs that.. More...
|
Forex - Morning Report (Westpac)
Westpac Institutional Bank Monday December 20, 2010 - 19:08:55 GMT
AUD/USD and NZD/USD outlook next 24 hours: AUD starts the day a touch off its highs at 0.9935 while NZD is trading around 0.7425. AUD should hold above 0.9900 in local dealings. The RBA releases its minutes from its December board meeting. NZD should als More...
|
EUR/USD Continues Bearish Stance
FX Solutions Monday December 20, 2010 - 17:52:49 GMT
EUR/USD (a daily chart of which is shown) as of Monday (12/20/2010) has continued its bearish stance from last week that originated off a shooting star candle which reached up to the 1.3500 More...
|
TradeTheNews.com US Market Update
Trade the News Staff Monday December 20, 2010 - 16:45:49 GMT
The dollar's price action was somewhat subdued during New York session trading, with little data to coax dealers into fresh positions. Safe-haven themes remained dominant More...
|
GVI Forex- Data Outlook for Dec 21, 2010
global-view.com Monday December 20, 2010 - 15:08:01 GMT
December 20 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, December 21:
Far East: Japan- BOJ decision- No rate change expected.
Europe: CH- Trade.
North America: Canada- CPI and Retail Sales.
Updated: Trading Events Calendar
More...
|
Forexpros Daily Analysis - 20/12/2010
Forexpros Monday December 20, 2010 - 10:55:15 GMT
Fibonacci ratios are a very popular tool among technical traders and price has an uncanny way of respecting Fibonacci ratios. More...
|
Daily GVI Forex Forex View- EUR Soft
global-view.com Monday December 20, 2010 - 10:47:56 GMT
11:00 GMT (Global-View.com) Dec 20- The markets are already moving into the end of year holiday season activity, with this week and the next two seeing numerous holidays in various centers. Furthermore, Northern Europe has been hit again by bad weather. More...
|
Currency Strength/Weakness Meter
FX Solutions Sunday December 19, 2010 - 21:39:37 GMT
Here are the strongest and weakest major currencies for the past week (December 13-17, 2010). The primary strength/weakness theme for this past week has been GBP’s More...
|
Forex - Morning Report (Westpac)
Westpac Institutional Bank Sunday December 19, 2010 - 20:22:09 GMT
As we move into the final sessions of 2010, liquidity is arguably going to be hard to come by. However, some critical events that will likely shape the outlook for financial markets continue to out. More...
|
Kicking the Can Down the Road (Mauldin)
Thoughts from the Frontline Saturday December 18, 2010 - 11:22:47 GMT
How often did we as young kids go down the street kicking a can? "Kicking the can down the road" is a universally understood metaphor that has come to mean not dealing with the problem but putting a band-aid on it, knowing we will have to deal with someth More...
|
TradetheNews.com Market Week Wrap-up
Trade the News Staff Saturday December 18, 2010 - 00:10:39 GMT
Markets were relatively quiet this week and there was practically no bad news to derail the moderately optimistic tone of December trading. Good US and German economic data sustained hopes for continued economic recovery in the developed world, and China' More...
|
CANADA FX DEBT-C$ slides for second session, bonds rise
Reuters Saturday December 18, 2010 - 00:04:35 GMT
The Canadian dollar ended lower against the U.S. currency for a second straight session on Friday as investors trained their focus on the troubles in the euro zone, which spurred a flight to safety More...
|
GBP/USD Reaches Head-and-Shoulders Neckline
FX Solutions Friday December 17, 2010 - 19:51:43 GMT
GBP/USD (a daily chart of which is shown) as of Friday (12/17/2010) has tentatively broken down below a support confluence that includes the 1.5550 price region and an uptrend support line More...
|
TradeTheNews.com US Market Update
Trade the News Staff Friday December 17, 2010 - 16:30:44 GMT
The greenback recovered all of its losses against the euro during the New York session and has been probing the 1.3220 area. North American dealers took note of the EU Summit results and concluded that the alleged solidarity of the agreement to create a p More...
|
FX Briefing - Moving sideways at the end of the year
BHF-Bank Friday December 17, 2010 - 16:27:52 GMT
There have been many ups and downs in the forex markets this year. The first half of the year saw the euro lose ground due to the escalation of the Greek crisis. From December 2009 to June 2010, EUR-USD fell from over 1.50 to below 1.20. As from summer, w More...
|
FOREX NEWS - Euro recovers on German data, but risks lurk
Reuters Friday December 17, 2010 - 12:26:08 GMT
Upbeat German data helped the euro overcome a sharp credit ratings downgrade for Ireland on
Friday, although investors were wary about pushing it higher while worries persist about peripheral euro zone debt. More...
|
Daily GVI Forex Forex View- Price Action Leading
global-view.com Friday December 17, 2010 - 10:28:18 GMT
11:00 GMT (Global-View.com) Dec 17- Surprisingly the markets have taken on stride a five notch downgrade in the credit ratings for Ireland. We mentioned here that the markets have now started to absorb these news items more comfortably. More...
|
FOREX NEWS - Euro edges higher, but more losses still likely
Reuters Thursday December 16, 2010 - 22:25:29 GMT
The euro rose against the dollar on Thursday, but remained vulnerable to selling after an agreement by European Union leaders to set up a permanent crisis management mechanism failed to calm fears about the region's spreading debt crisis.
More...
|
Forex - Morning Report (Westpac)
Westpac Institutional Bank Thursday December 16, 2010 - 19:15:54 GMT
AUD/USD and NZD/USD outlook next 24 hours: AUD should hold up this morning but is at risk of a later break below minor support at 0.9850. NZD's sustained break below the 0.7400 neckline points the way to 0.7000 during the next few weeks, but some consoli More...
|
USD/JPY Pushing Higher
FX Solutions Thursday December 16, 2010 - 17:25:39 GMT
USD/JPY (a 4-hour chart of which is shown) as of Thursday (12/16/2010) has once again ascended to key resistance in the 84.40-84.50 price region. More...
|
TradeTheNews.com US Market Update
Trade the News Staff Thursday December 16, 2010 - 16:57:47 GMT
The dollar maintained a steady tone during the New York session, supported yet again by higher yields. Note that the better Philly Fed data should provide more impetus for further rises in the US yield curve. More...
|
Daily GVI Forex Forex View- Key U.S. Data Due
global-view.com Thursday December 16, 2010 - 10:50:35 GMT
11:00 GMT (Global-View.com) Dec 16- The USD is trading mixed today as markets continue to be buffeted by mixed influences. Major investment players appear also to be winding up their positioning for the year. More...
|
2011 Capital run amuck…2008 Capitalism run amuck (FXA)
Foreign Exchange Analytics Thursday December 16, 2010 - 00:12:26 GMT
US Treasuries are in crosshairs again of the investor class. It is not pretty and spreads from 2-yr to 30-yr are the widest ever at nearly 400bps. Before you forget this is all about repricing growth…pass the Kool-aide please. More...
|
EU Summit Thursday and Friday (FXA)
Foreign Exchange Analytics Thursday December 16, 2010 - 00:09:58 GMT
One gets the sense that ECB officials see the moment has arrived for the EU and EZ to act on sovereign credit and bank risk at the upcoming heads of state summit underway Thursday and concluding Friday. But it is also clear that officials are not on the More...
|
Unintended Consequences (Mauldin)
Thoughts from the Frontline Wednesday December 15, 2010 - 18:58:46 GMT
Correct me if I'm wrong, but I seem to remember that one of the reasons for QE2 was to lower rates on the longer end of the US yield curve. Clearly, that has not happened? Today we look at More...
|
Gold Still Shows Overall Bullish Bias
FX Solutions Wednesday December 15, 2010 - 18:50:36 GMT
Gold (a 4-hour chart of which is shown) as of Wednesday (12/15/2010) has continued to respect a parallel uptrend channel that extends back to the late July low. More...
|
TradeTheNews.com US Market Update
Trade the News Staff Wednesday December 15, 2010 - 16:35:33 GMT
The data dump during the US session provided little initial impetus for the greenback, although it did manage to maintain a firm tone. EUR/USD climbed toward the unchanged level from the Asian open. However, the euro continued to hit headwinds as the peri More...
|
Daily GVI Forex Forex View- Active Day Ahead
global-view.com Wednesday December 15, 2010 - 10:46:52 GMT
11:00 GMT (Global-View.com) Dec 15- The USD has gained as traders were reminded again today about the EZ sovereign debt issues. The focus today has been on Portugal and Spain. Worries about Europe always give the USD a boost and weigh temporarily on the E More...
|
FOREX NEWS - Dollar rallies after Fed reaffirms QE
Reuters Tuesday December 14, 2010 - 21:24:11 GMT
The U.S. dollar rose against the euro and yen on Tuesday after the U.S. Federal Reserve said the economic recovery was still too slow to bring down unemployment and reaffirmed its commitment to buy $600 billion in bonds to stimulate growth and create jobs More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Tuesday December 14, 2010 - 20:00:59 GMT
AUD/USD and NZD/USD outlook next 24 hours: AUD is overbought intraday, but pullbacks should be limited to 0.9965 support, the next upside target 1.0070. NZD is rangebound today between 0.7485 trend support and 0.7580. Fonterra's milk powder auction tonig More...
|
USD/JPY Adheres to Bullish Channel
FX Solutions Tuesday December 14, 2010 - 18:53:28 GMT
USD/JPY (a 4-hour chart of which is shown) as of Tuesday (12/14/2010) has once again respected the lower boundary of a parallel uptrend channel that extends back to the late October long-term low. More...
|
Copper is going up.
Black Swan Capital Tuesday December 14, 2010 - 16:30:21 GMT
So we ask: might we be seeing this playing out on a grander scale, outside of short-term trading? Is current risk appetite simply a big build up of investors who are scared to miss out on ...? More...
|
TradeTheNews.com US Market Update
Trade the News Staff Tuesday December 14, 2010 - 15:55:19 GMT
The dollar battled back from session lows against the major pairs and moved into positive territory after US retail sales data suggested consumers would play a bigger role in the economic recovery with the solid start seen in holiday spending. More...
|
Daily GVI Forex Forex View- Fed Decision Day
global-view.com Tuesday December 14, 2010 - 11:04:12 GMT
11:00 GMT (Global-View.com) Dec 14- Today features an active data calendar from the U.S. The highest profile items will be November retail sales data and the Fed decision in the afternoon. Retail Sales data are seen likely to be mixed, and the FOMC is not More...
|
FOREX NEWS - Dollar slumps with U.S. deficit fears again in focus
Reuters Monday December 13, 2010 - 23:15:06 GMT
U.S. deficit concerns returned to the forefront of foreign exchange trading on Monday, pushing the dollar lower after Moody's said a tax-cut deal reached last week by the White House and Republicans could shift its outlook on the United States' top credit More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Monday December 13, 2010 - 19:30:58 GMT
AUD/USD and NZD/USD outlook next 24 hours: Sentiment towards the US dollar has turned abruptly negative, providing a positive influence for the commodity currencies today. The recent surge in AUD leaves it slightly overbought intraday, but any pullback s More...
|
AUD/USD Reaches Higher Within Uptrend
FX Solutions Monday December 13, 2010 - 18:25:28 GMT
AUD/USD (a 4-hour chart of which is shown) as of Monday (12/13/2010) has ascended once again to approach parity (1.0000) within the context of a steep parallel uptrend channel extending from More...
|
TradeTheNews.com US Market Update
Trade the News Staff Monday December 13, 2010 - 16:18:47 GMT
The greenback retreated in early New York trading as its reserve status was mentioned several times. French President Sarkozy noted that he would like to see a more robust debate on reserve currencies as his country chaired G20 in 2011. More...
|
Forexpros Daily Analysis - 13/12/2010
Forexpros Monday December 13, 2010 - 12:56:46 GMT
On the daily, the chart is getting messy, but ultimately its showing the euro in a series of shorts, with strong support at the 1.32002, a 50% long. More...
|
Daily GVI Forex Forex View- 10-yr Yield Higher
global-view.com Monday December 13, 2010 - 11:20:35 GMT
11:00 GMT (Global-View.com) Dec 13- The bond vigilantes continue to make their presence felt to start the new week with the yield on the U.S. 10-yr note working higher in overseas trade. The markets will not have a lot new to focus on today with no major More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Sunday December 12, 2010 - 21:50:51 GMT
AUD/USD and NZD/USD outlook next 24 hours: The China data's implications for tightening there should cast a slight influence on commodity currencies this morning. AUD should be contained by 0.9760 and 0.9970. NZD continues to looks vulnerable to a break More...
|
Currency Strength/Weakness Meter
FX Solutions Friday December 10, 2010 - 23:29:04 GMT
Here are the strongest and weakest major currencies for the past week (December 6-10, 2010), based upon relative percentage price change against each other More...
|
USD/JPY Bullish Stance
FX Solutions Friday December 10, 2010 - 19:19:48 GMT
USD/JPY (a 4-hour chart of which is shown) as of Friday (12/10/2010) has displayed the fact that the U.S. dollar has shown marked strength this week while the Japanese yen has shown More...
|
TradeTheNews.com US Market Update
Trade the News Staff Friday December 10, 2010 - 16:39:07 GMT
Consolidation remained the theme for the greenback in the New York session. The better US November trade data helped to the longer end of the US curve and provided additional support for the dollar. EUR/USD remained within its 48-hour range but More...
|
FX Briefing - US yields are rising
BHF-Bank Friday December 10, 2010 - 16:18:29 GMT
European Council set to continue discussion on stabilisation mechanism
Production increase in Germany suggests strong final quarter
US president Obama and Republicans agree on tax-cut package More...
|
Daily GVI Forex Forex View- China Pre-Emptive Tightening
global-view.com Friday December 10, 2010 - 11:42:44 GMT
11:00 GMT (Global-View.com) Dec 10- The bond vigilantes fired a shot across the bow to the incoming U.S. government on Tuesday and Wednesday of this week. This was not a question of speculative traders sending a signal. More...
|
FOREX NEWS - Euro slips on Irish woes; dollar down versus yen
Reuters Thursday December 9, 2010 - 22:42:24 GMT
The euro fell against the dollar on Thursday and looked set to retest the key $1.30 level after a ratings agency downgraded Ireland's sovereign debt and as investors waited for a vote on a rescue package for the debt-laden country.
More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Thursday December 9, 2010 - 19:37:53 GMT
Markets recorded only modest changes, EUR/USD weakness notable. Rating agency Fitch downgraded Ireland three notches to BBB+, one lower than Standard & Poor's, citing the mounting cost of bailing out its banks. There were also rumours Fitch was looking at More...
|
GBP/USD Bumps Up Against Resistance Confluence
FX Solutions Thursday December 9, 2010 - 15:46:18 GMT
GBP/USD (a daily chart of which is shown) as of Thursday (12/09/2010) has ascended to hit a key resistance confluence in the 1.5840 price region. This level was last hit as support in mid-November More...
|
Morning Briefing : 09-Dec-2010 -0339 GMT
FX Thoughts for the Day Thursday December 9, 2010 - 03:43:44 GMT
As we get closer to the year end, volumes are going to get thinner and large intra-day gyration can become an order of the day. More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Wednesday December 8, 2010 - 20:38:58 GMT
Continuing reaction to the US fiscal stimulus announcement (tax cuts etc) on Tuesday pushed US yields significantly higher, helping the US dollar and depressing risky currencies. More...
|
TradeTheNews.com US Market Update
Trade the News Staff Wednesday December 8, 2010 - 16:21:47 GMT
The European currencies put in a mixed performance in the NY morning. Sterling benefited from better CBI Industrial Trends data while the euro faced technical challenges. More...
|
Daily GVI Forex Forex View- USD Trading Higher
global-view.com Wednesday December 8, 2010 - 15:06:52 GMT
11:00 GMT (Global-View.com) Dec 8- The utter collapse of U.S. fixed income markets took everyone by surprise on Tuesday as the bond vigilantes sent a signal to the U.S. government that there will be limits to the amount of debt that the markets can absorb More...
|
Forexpros Daily Analysis - 08/12/2010
Forexpros Wednesday December 8, 2010 - 13:19:12 GMT
Fibonacci ratios are a very popular tool among technical traders and price has an uncanny way of respecting Fibonacci ratios. More...
|
FOREX NEWS - Dollar rises as U.S. bond yields spike
Reuters Wednesday December 8, 2010 - 11:49:14 GMT
The dollar rose on Wednesday and looked to sustain gains in the near-term on a spike in U.S. Treasury yields as a proposed extension of tax cuts raised growth expectations for the U.S. economy.
More...
|
Forex"GBP/USD Trend Analysis"
IKON GROUP Wednesday December 8, 2010 - 11:19:23 GMT
Forex"The forex analyst predicted that the quotation will test the pressure level of 1.5808 once again or break through to increase." More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Tuesday December 7, 2010 - 19:32:26 GMT
Outlook: AUD/USD and NZD/USD outlook next 24 hours: We expect a pullback in AUD to 0.9800 today, short term indicators showing an overbought and divergent condition. Similarly, NZD should pull back to 0.7550 today.
More...
|
White House and US Congress Double Down
Foreign Exchange Analytics Tuesday December 7, 2010 - 18:55:46 GMT
In due course when the US government can’t borrow near unlimited amounts at very low nominal and real interest rates, the history books will surely talk about a generation squandered. More...
|
TradeTheNews.com US Market Update (TTN)
Trade the News Staff Tuesday December 7, 2010 - 16:35:35 GMT
The steepening US yield curve helped bring USD/JPY off its Asian session lows of 82.30 to re-approach the 83 handle. The rising risk appetite continued to weaken the greenback against the European and commodity-related pairs. More...
|
Daily GVI Forex Forex View- USD Trading Mostly Lower
global-view.com Tuesday December 7, 2010 - 10:52:46 GMT
11:00 GMT (Global-View.com) Dec 7- No new actions have been taken by the EU Finance Ministers. They never make a decision unless they face a crisis. There certainly are ample potential crises waiting in the new year. More...
|
Forexpros Daily Analysis - 07/12/2010
Forexpros Tuesday December 7, 2010 - 09:53:54 GMT
Fibonacci ratios are a very popular tool among technical traders and price has an uncanny way of respecting Fibonacci ratios. More...
|
AUD/USD Flag After Steep Bullish Run
FX Solutions Monday December 6, 2010 - 18:36:06 GMT
AUD/USD (a 4-hour chart of which is shown) as of Monday (12/06/2010) has consolidated in a flag-like price pattern after having broken out above several different resistance levels in the past several More...
|
Forex Market Commentary and Analysis (6 December 2010)
GCI Financial Monday December 6, 2010 - 14:36:10 GMT
EU officials at odds over increase in size of EFSF
Bernanke defends QE2; facility could increase
U.S. unemployment to be elevated for years
CNY scores major move higher
Quiet U.S. data week
More...
|
Daily GVI Forex Forex View- Need USD and EUR Alternatives
global-view.com Monday December 6, 2010 - 11:42:16 GMT
11:00 GMT (Global-View.com) Dec 6- Markets are digesting the Bernanke comments made broadcast Sunday evening. The bottom-line message seemed to be that he is not expecting a fast rebound in the U.S. On the other hand he kept all his options open on QE2. More...
|
FOREX NEWS - Euro cedes ground on debt woes, dlr rebounds
Reuters Monday December 6, 2010 - 11:20:04 GMT
The euro fell on Monday, winning little respite from LCH.Clearnet's move to cut margin requirements for Irish government bonds, as peripheral debt concerns dominated ahead of a euro zone finance ministers' meeting.
More...
|
Forexpros Daily Analysis - 06/12/2010
Forexpros Monday December 6, 2010 - 10:41:43 GMT
Daily: Euro is reacting to 50% short at 1.3378 (line in sand 1.34749, with target at 1.27715 ). See if it holds. The only other major resistance level is the full half way back at 1.36192. More...
|
ECONOMIC DATA ANALYSIS - MPC on hold, but inflation risks rising
Lloyds TSB Financial Markets Monday December 6, 2010 - 10:21:29 GMT
The recent run of reasonably upbeat UK data continued last week with the latest industry PMIs pointing to ongoing economic recovery. Indeed, if the manufacturing PMI is to be believed, business activity in this sector is currently running at its strongest More...
|
Currency Strength/Weakness Meter
FX Solutions Friday December 3, 2010 - 21:02:37 GMT
Here are the strongest and weakest major currencies for the past week (November 29 – December 3, 2010) More...
|
EUR/USD Bullish Correction within Downtrend on NFP
FX Solutions Friday December 3, 2010 - 16:38:06 GMT
EUR/USD (a 4-hour chart of which is shown) as of Friday (12/03/2010) has made a bullish correction on the heels of the Non-Farm Payrolls report that has brought price up to around the 50% Fibonacci More...
|
TradeTheNews.com US Market Update
Trade the News Staff Friday December 3, 2010 - 16:13:39 GMT
The weaker US payrolls data and higher unemployment rate provided catalyst for the greenback to close out the week on a lower note. USD/JPY managed to hold above the key mid-Sept BoJ post-intervention More...
|
Daily GVI Forex Forex View- Waiting for Jobs
global-view.com Friday December 3, 2010 - 10:44:50 GMT
11:00 GMT (Global-View.com) Dec 3- The Thursday ECB meeting turns out to have been a watershed event for the markets. The central bank took important action as it bought the debt of peripheral EZ countries during the ECB press conference and those purchas More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Thursday December 2, 2010 - 19:34:21 GMT
Risky assets rally again. The ECB meeting delayed the exit from emergency liquidity measures and continued its bond purchase program, and it was believed to have aggressively bought Portuguese and other peripheral debt on the day More...
|
GBP/USD Hits Uptrend Support
FX Solutions Thursday December 2, 2010 - 16:40:10 GMT
GBP/USD (a daily chart of which is shown) as of Thursday (12/02/2010) has dropped down to touch yet another uptrend support line, this one extending all the way back to the May low. More...
|
Daily GVI Forex Forex View- Focus ECB
global-view.com Thursday December 2, 2010 - 12:06:06 GMT
11:00 GMT (Global-View.com) Dec 2- Today is an important day for the EUR and European Central Bank. The markets are sharply focused on what the central bank has decided to do to ease the sovereign debt crisis in Europe. The EZ has been in a perpetual stat More...
|
USD/CHF Hits Resistance Within Uptrend Channel
FX Solutions Wednesday December 1, 2010 - 20:38:33 GMT
USD/CHF (a daily chart of which is shown) as of Wednesday (12/01/2010) has bumped up against key resistance in the 1.0060 price region. At the same time, price has also reached the upper border More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Wednesday December 1, 2010 - 19:36:34 GMT
A positive reversal in sentiment was inspired by a string of decent PMI reports from China, Korea, UK, and Switzerland, as well as a Reuters report during the NY session that the US was ready to back an enlarged EU support fund via the IMF. The US Treasur More...
|
TradeTheNews.com US Market Update
Trade the News Staff Wednesday December 1, 2010 - 16:29:40 GMT
The euro extended its session gains as US traders came to their desks, aided by tightening peripheral spreads. More...
|
TradeTheNews.com US Market Update
Trade the News Staff Wednesday December 1, 2010 - 16:29:40 GMT
The euro extended its session gains as US traders came to their desks, aided by tightening peripheral spreads. More...
|
FOREX NEWS - Euro gets respite as yield spreads tighten
Reuters Wednesday December 1, 2010 - 12:39:28 GMT
The euro rose on Wednesday as a three-day selling spree lost steam, but doubts about whether the euro zone can contain debt problems facing some states kept the single currency in range of a 2 1/2-month low versus the dollar.
More...
|
Daily GVI Forex Forex View- EUR Short-Covering
global-view.com Wednesday December 1, 2010 - 12:05:03 GMT
11:00 GMT (Global-View.com) Dec 1- The USD has corrected downward early on the first day of the new month. There is chatter of Asian central bank demand for the EURUSD below the 1.30 level for reserve management purposes. This unexpected EURUSD demand ha More...
|
Forexpros Daily Analysis - 01/12/2010
Forexpros Wednesday December 1, 2010 - 09:54:45 GMT
Fibonacci ratios are a very popular tool among technical traders and price has an uncanny way of respecting Fibonacci ratios. More...
|
TradeTheNews.com US Market Update
Trade the News Staff Tuesday November 30, 2010 - 16:40:51 GMT
US names were decent sellers of EUR/USD during early New York trading. Credit default swaps on Portugal's 5-year debt rose to around 575 bps compared to 560 bps a few hours earlier and almost 40 bps above Monday's levels. More...
|
The tail risk of two eurozones that wags the dog ...
Black Swan Capital Tuesday November 30, 2010 - 16:14:07 GMT
We have been saying for years now that Germany is sucking the wind out of Europe. But, then again that should be a surprise to exactly no one who ever bothered to consider the initial structure ... More...
|
EUR/USD Methodical Bearishness
FX Solutions Tuesday November 30, 2010 - 16:02:39 GMT
EUR/USD (a 4-hour chart of which is shown) as of Tuesday (11/30/2010) has just dipped tentatively under 1.3000, establishing a new 11-week low. More...
|
FOREX NEWS - Debt worries push euro to multi-week lows
Reuters Tuesday November 30, 2010 - 12:13:18 GMT
The euro slid to its lowest in more than 10 weeks against the dollar, yen, Swiss franc and sterling on Tuesday as a weekend rescue deal for Ireland failed to quell worries that other euro zone countries may need help.
More...
|
Daily GVI Forex Forex View- EUR Under Assault
global-view.com Tuesday November 30, 2010 - 11:14:33 GMT
11:00 GMT (Global-View.com) Nov 30- The USD has continued to forge higher early Tuesday primarily against Europe. The basic problem is that the banking and funding problems were not addressed in the past few years and pretty much were swept under the rug. More...
|
Forexpros Daily Analysis - 30/11/2010
Forexpros Tuesday November 30, 2010 - 10:05:58 GMT
In this webinar we are going to give you some simple strategies and indicators which can help daily traders to profit from volatile markets More...
|
USD/JPY Inching Up
FX Solutions Monday November 29, 2010 - 21:30:14 GMT
USD/JPY (a 4-hour chart of which is shown) as of Monday (11/29/2010) has continued to inch up slowly within the context of a new potential uptrend More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Monday November 29, 2010 - 19:19:51 GMT
Investors returned from the US holiday in a bearish mood, pushing the S&P500 0.8% lower, threatening 1173 support, and elevating the VIX barometer of risk aversion to a 4 October high. More...
|
GBP/USD Falls Fast and Hard
FX Solutions Monday November 29, 2010 - 16:05:46 GMT
GBP/USD (a 4-hour chart of which is shown) as of Monday (11/29/2010) has continued to display a strong and rapid bearish bias after having just established a fresh two-month low. More...
|
FOREX NEWS - Euro near 2-mth low, focus on Portugal, Spain
Reuters Monday November 29, 2010 - 12:27:19 GMT
The euro hovered near two-month lows against the dollar on Monday as investors looked past a rescue package for Ireland to debt problems in other peripheral euro zone economies and sold the currency on any bounce.
More...
|
Data Preview - Trichet under pressure
Lloyds TSB Financial Markets Monday November 29, 2010 - 11:10:24 GMT
This week’s UK economic calendar is fairly light, with market attention likely to be focused on events overseas. Against the backdrop of the ongoing turmoil in the European sovereign debt markets, the European Central Bank (ECB) holds its key policy mee More...
|
Daily GVI Forex Forex View- USD on Strong Footing
global-view.com Monday November 29, 2010 - 10:55:39 GMT
11:00 GMT (Global-View.com) Nov 30- Trading activity is off to an active start for the new week as traders are now entering into the final push before the end of year holidays at the close of December. More...
|
Forexpros Daily Analysis - 29/11/2010
Forexpros Monday November 29, 2010 - 10:10:18 GMT
In this webinar we are going to give you some simple strategies and indicators which can help daily traders to profit from volatile markets More...
|
Irish Political Crisis Threatens Bailout (FXA)
Foreign Exchange Analytics Monday November 29, 2010 - 09:53:44 GMT
The Irish bailout package totals EUR85bln and is expected to involved EUR35bln in funds for the banks (EUR10bln in immediate recapitalization) and EUR50bln to cover budget financing needs. More...
|
Morning Briefing : 29-Nov-2010 -0334 GMT
FX Thoughts for the Day Monday November 29, 2010 - 03:50:56 GMT
US markets closed in the red on Friday with Dow at 11,092 (down 0.85%) and S&P 500 at 1189 (down 0.75%). US holiday shopping season got off to a tepid start. More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Sunday November 28, 2010 - 19:24:23 GMT
Safe havens performed best on Friday, as the Eurozone and Korean backdrops continued to concern investors. An FT article said a majority of Eurozone governments are pressuring Portugal to accept aid to minimise contagion to Spain. The Irish rescue package More...
|
FX Briefing - Euro remains under pressure
BHF-Bank Friday November 26, 2010 - 16:45:02 GMT
The single European currency is continuing to slide in the forex markets. Towards the end of the week, EUR-USD fell to 1.32 temporarily. Apart from the US dollar, the main winners are the Canadian and the New Zealand dollars, but also the pound sterling, More...
|
Tradethenews.com European Market Update: Peripherals remain the Turkey
Trade the News Staff Thursday November 25, 2010 - 11:43:31 GMT
Euro-area contagion concerns continued to dampen any upward momentum for the EUR/USD pair. The light European session had numerous rumors again of potential peripheral downgrades with the 2011 maturity of over €100B in Italian Gov't debt circulating More...
|
Morning Briefing : 25-Nov-2010 -0334 GMT
FX Thoughts for the Day Thursday November 25, 2010 - 03:46:48 GMT
Santa Clause rally is on in Wallstreet with Dow clocking a gain of 1.37% to close at 11,187 and S&P gained 1.49% to close at 1198. More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Wednesday November 24, 2010 - 19:36:34 GMT
There was enough from strong US and German economic data to offset Eurozone peripheral debt market contagion risk, and the Korean situation was contained. More...
|
EUR/USD Corrects to Key Trendline
FX Solutions Wednesday November 24, 2010 - 17:54:04 GMT
EUR/USD (a daily chart of which is shown) as of Wednesday (11/24/2010) has finally corrected all the way back down to a key uptrend support line extending from the June low at 1.1875. More...
|
Daily GVI Forex Forex View- Strong USD
global-view.com Wednesday November 24, 2010 - 10:44:33 GMT
10:00 GMT (Global-View.com) Nov 24- Trading activity is off to an active start on Wednesday as the European debt situation remains on the front burner. The Irish contagion appears to be spreading more broadly into the European banking sector and is weighi More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Tuesday November 23, 2010 - 19:45:00 GMT
Risk sentiment started to turn lower early in Europe and accelerated in NY, leaving most risk markets weaker. The S&P500 is currently 1.5% lower, the Eurostoxx closing down 1.2%. Eurozone contagion was probably a factor, as well as a US insider trading ca More...
|
Irish Contagion Given, Liquidity no Fix for Solvency (FXA)
Foreign Exchange Analytics Tuesday November 23, 2010 - 18:40:41 GMT
Granted the political crisis unfolding in Ireland has complicated the financial crisis there. However, I can’t help but think that EU-IMF bailout for Ireland is in the bag, even if it means a new government in January and yet Irish bond spreads to Bunds More...
|
EUR/GBP Breaks Down Within Bearish Trend
FX Solutions Tuesday November 23, 2010 - 18:26:51 GMT
EUR/GBP (a 4-hour chart of which is shown) as of Tuesday (11/23/2010) has once again dropped down to (and slightly breached) key support in the 0.8450 price region More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday November 23, 2010 - 17:07:23 GMT
Comments from German officials continued to weigh on euro sentiment. German Chancellor Merkel echoed her finance minister by insisting that the euro was in an 'exceptionally serious' situation due to the peripheral debt crisis. More...
|
Artillery Fire and A Potential Fed Minutes Bombshell?
Black Swan Capital Tuesday November 23, 2010 - 16:25:12 GMT
North Korea fired missiles into South Korea today.
The markets are a bit shaken up – the Korean won is down more than 3%; the US dollar is the recipient of some safe-haven flow; the S&P 500 ... More...
|
Daily GVI Forex Forex View- Mixed Influences
global-view.com Tuesday November 23, 2010 - 10:47:41 GMT
10:00 GMT (Global-View.com) Nov 23- Markets will have a lot to digest before the U.S. Thanksgiving Day break which starts late Wednesday and effectively runs through the end of the week. The U.S. has a busy economic calendar today and tomorrow, the Irish More...
|
Morning Briefing : 23-Nov-2010 -0334 GMT
FX Thoughts for the Day Tuesday November 23, 2010 - 03:40:11 GMT
US markets tumbled early in the session but recovered by close on the back of postive earnings releases from tech companies. More...
|
GBP/USD Hits Uptrend Support
FX Solutions Monday November 22, 2010 - 19:20:11 GMT
GBP/USD (a 4-hour chart of which is shown) as of Monday (11/22/2010) has once again reached down to hit a key uptrend support line extending from the September low. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Monday November 22, 2010 - 16:18:33 GMT
With the focus in Ireland now on details of the rescue package, risk aversion is being driven by comments out of the Irish political world that investors fear could complicate the actual bailout More...
|
Daily GVI Forex Forex View- Ireland Approaches Resolution?
global-view.com Monday November 22, 2010 - 11:21:29 GMT
10:00 GMT (Global-View.com) Nov 22- Markets have sighed a temporary sigh of relief to start the new week as the Irish government has accepted a bailout program. It remains to be seen what the details of the plan will be. Dealers are already expressing con More...
|
Forexpros Daily Analysis - 22/11/2010
Forexpros Monday November 22, 2010 - 10:57:28 GMT
n this webinar we are going to give you some simple strategies and indicators which can help daily traders to profit from volatile markets. More...
|
Economics Weekly -Decision time for Ireland
Lloyds TSB Financial Markets Monday November 22, 2010 - 09:38:58 GMT
Financial markets remain pre-occupied with developments in the euro-zone, where negotiations have been ongoing between the Irish government, European Commission, ECB and IMF on new measures to support the Irish banks. More...
|
Morning Briefing : 22-Nov-2010 -0340 GMT
FX Thoughts for the Day Monday November 22, 2010 - 03:41:00 GMT
Stepping into trade on Monday morning, as expected, a bailout of Ireland is helping lift prices of risk assets around the globe from commodities to stocks More...
|
Forex Blog - Morning Report (TTN)
Westpac Institutional Bank Sunday November 21, 2010 - 22:39:29 GMT
Risk appetite was dented during the European session after China's central bank announced plans to increase banks' reserve ratio requirements by 50bp, the fifth hike during this cycle. More...
|
Currency Strength/Weakness Meter
FX Solutions Friday November 19, 2010 - 20:45:37 GMT
Here are the strongest and weakest major currencies for the past week (November 15-19, 2010), based upon relative percentage price change against each other More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Friday November 19, 2010 - 16:33:09 GMT
Traders are a bit cautious again this morning after yesterday's risk-on session, following China's reserve requirement increase. The Chinese announcement came just as More...
|
Daily GVI Forex Forex View- Thin Volatile Markets Ahead?
global-view.com Friday November 19, 2010 - 16:19:26 GMT
10:00 GMT (Global-View.com) Nov 19- This will be an unusually slow period for the global economic calendar with no key data set for release today or on Monday. Next week sees the Thursday Thanksgiving Day holiday in the U.S. More...
|
FX Briefing - Ireland to accept aid.
BHF-Bank Friday November 19, 2010 - 15:24:58 GMT
This week forex market developments continued to be heavily influenced by the discussions about a bail-out for Ireland. Interestingly, this time round, More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Thursday November 18, 2010 - 19:14:06 GMT
Sentiment improved across risky asset classes last night. Contributing events included a strong US business survey (Philadelphia Fed), a large IPO for General Motors, and developments in Ireland's fiscal story. More...
|
EUR/USD Turns Up Around 50% Retracement
FX Solutions Thursday November 18, 2010 - 16:31:01 GMT
EUR/USD (a daily chart of which is shown) as of Thursday (11/18/2010) has made a tentative bullish turn after descending to approach very closely the 50% Fibonacci retracement level More...
|
Daily GVI Forex Forex View- Irish Resolution at Hand?
global-view.com Thursday November 18, 2010 - 11:09:10 GMT
10:00 GMT (Global-View.com) Nov 18- The EURUSD has bounced today as it appeared that the Irish bail-out situation is nearing a resolution. Political leaders in Europe have been making the unfortunate mistake of negotiating in public. Some sort of bailout More...
|
Forex Research - Morning Report
Westpac Institutional Bank Wednesday November 17, 2010 - 22:00:19 GMT
US data for CPI inflation (particularly core) and house building was weaker than expected, reinforcing the case for QE2 proponents. That supported US equities and hurt the US dollar. More...
|
GBP/USD Bounces Off Trend Line
FX Solutions Wednesday November 17, 2010 - 18:41:27 GMT
GBP/USD (a 4-hour chart of which is shown) as of Wednesday (11/17/2010) has retraced back down to and tentatively bounced up off a key uptrend support line extending back to the early September low. More...
|
Daily GVI Forex Forex View- Europe Center Focus
global-view.com Wednesday November 17, 2010 - 17:11:13 GMT
10:00 GMT (Global-View.com) Nov 17- The Eurozone budget and debt crisis remains front and center early Wednesday. It is not only Ireland but Greece which in in the headlines. Additionally, the markets are now tossing in Portugal Spain and Italy into their More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Wednesday November 17, 2010 - 16:25:51 GMT
The FX market continued to consolidate during the New York session after yesterday wild price action. The euro has been aided by renewed chatter that the ECB was again buying peripheral debt, with Portuguese and Greek bonds mentioned specifically. More...
|
Forex Research - Morning Report
Westpac Institutional Bank Tuesday November 16, 2010 - 19:27:32 GMT
Pessimism reigned, the troika of QE2, Europe, and China again dominating market sentiment. More...
|
Sick and tired of "sanction the victim"
Black Swan Capital Tuesday November 16, 2010 - 18:00:07 GMT
Is it a stretch to say the Chinese wish to destroy the United States? Maybe! But it isn’t a stretch to say that China wants to become the primary global economic and military power in the world? More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday November 16, 2010 - 16:29:31 GMT
Differing views among the 27 EU member states were on display this morning, highlighted by remarks from the Austrian finance minister, who said Greece had not really committed itself to improving its public finances More...
|
USD/CHF Forms New Bullish Channel
FX Solutions Tuesday November 16, 2010 - 16:20:28 GMT
USD/CHF (a daily chart of which is shown) as of Tuesday (11/16/2010) has formed the beginnings of a parallel uptrend channel after having recently broken out above a steep, long-term downtrend More...
|
Daily GVI Forex Forex View- Looking For Direction
global-view.com Tuesday November 16, 2010 - 11:26:29 GMT
10:00 GMT (Global-View.com) Nov 16- There is still a lot of chatter about the Irish situation today, but one has to wonder if the eventual resolution of the crisis s starting to be priced in. The Irish government says it has no problem but the the banks d More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Monday November 15, 2010 - 19:24:28 GMT
US equities stabilised following strong retail sales data while shrugging off a weak NY regional manufacturing report as series volatility, the S&P500 currently up 0.5% and financial up 1.3%. More...
|
USD/JPY Confirming Potential Trend Change
FX Solutions Monday November 15, 2010 - 17:13:35 GMT
USD/JPY (a 4-hour chart of which is shown) as of Monday (11/15/2010) has emerged from the depths of the long-term lows to attempt a bonafide push to the upside. More...
|
Daily GVI Forex Forex View- EUR on the Back Foot
global-view.com Monday November 15, 2010 - 10:55:42 GMT
10:00 GMT (Global-View.com) Nov 15- The focus of trade today seems to be on the sovereign debt problems of Ireland and others in the E-Z. The major question is whether or nor Ireland is or is not in discussions with the The EU, ECB and others about assis More...
|
Economics Weekly - US inflation to hit lowest since first man in space
Lloyds TSB Financial Markets Monday November 15, 2010 - 10:03:39 GMT
It is a busy week in the UK with a number of important releases to keep the market’s attention. The Bank of England is set to publish the minutes of November’s MPC meeting where we look for another split in the vote, highlighting the differing opinion More...
|
Morning Briefing : 15-Nov-2010 -0344 GMT
FX Thoughts for the Day Monday November 15, 2010 - 03:46:09 GMT
US stocks closed in the red on Friday, with Dow shaving off 0.8% to close at 11,193 and S&P500 down 1.18% to close at 1,199. More...
|
First, Let's Lower the Bar (Mauldin)
Thoughts from the Frontline Saturday November 13, 2010 - 09:54:23 GMT
China's currency is rising ever so slowly against the dollar. But is that hurting China? We will look at a very interesting chart and some research. And then we'll gain some more insight into why the employment numbers seemed to surprise.
More...
|
Currency Strength/Weakness Meter
FX Solutions Friday November 12, 2010 - 22:55:10 GMT
Here are the strongest and weakest major currencies for the past week (November 8-12, 2010), based upon relative percentage price change against each other More...
|
FX Strategy Weekly - Market Strategy
Lloyds TSB Financial Markets Friday November 12, 2010 - 18:42:32 GMT
Rumours continue to fly around about the possibility of Ireland seeking aid from Europe, and many are speculating that something will emerge from the Euro-area finance ministers meeting on Tuesday, if not over the weekend. But the situation is hard to jud More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Friday November 12, 2010 - 16:13:40 GMT
The European peripheral situation, specifically Ireland, continues to rattle currency markets. There have now been several rounds of rumors that and €80B bailout of Ireland was imminent, followed closely by denials More...
|
Daily GVI Forex Forex View- Active Markets
global-view.com Friday November 12, 2010 - 10:57:58 GMT
10:00 GMT (Global-View.com) Nov 12- Trading is off to an active start on the final day of the week. Speculation early that China could be raising rates again before the start of business on Monday has seen Chinese market hit with the Shanghai Composite an More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Thursday November 11, 2010 - 22:37:01 GMT
US equities gapped lower at the physical market open, partly recovering to be down 0.7% currently. Bellwether Cisco provided weak guidance and shed 17% from its stock price More...
|
Why is Ireland a big deal for mkts? (FXA)
Foreign Exchange Analytics Thursday November 11, 2010 - 22:33:37 GMT
Why is Ireland a big deal for mkts? Okay it is 3mln people small and 1.5mln households...GDP small too. This is like asking why Lehman was big deal.
More...
|
USD/JPY Struggling to Climb
FX Solutions Thursday November 11, 2010 - 16:35:03 GMT
USD/JPY (a daily chart of which is shown) as of Thursday (11/11/2010) has broken out tentatively above a key downtrend resistance line More...
|
Daily GVI Forex Forex View- Partial Holiday
global-view.com Thursday November 11, 2010 - 10:59:40 GMT
10:00 GMT (Global-View.com) Nov 11- Today is a holiday in France and Belgium, and a partial holiday session in the U.S. U.S. government offices, banks and bond markets are closed. Equity markets are open. Overnight the latest Chinese CPI data were relea More...
|
Forex Research - Morning Report (TTN)
Westpac Institutional Bank Wednesday November 10, 2010 - 19:20:45 GMT
Risky currencies continued to slide. There were several events last night contributing to the risk averse tone to markets, including the 50bp increase in China's reserve requirements, some negative Eurozone news, and worries about a QE2 backlash at today' More...
|
GBP/JPY Breaks Channel to Upside
FX Solutions Wednesday November 10, 2010 - 18:00:19 GMT
GBP/JPY (a daily chart of which is shown) as of Wednesday (11/10/2010) has tentatively broken out above a key parallel downtrend channel that has been in place since the 2009 highs More...
|
European Market Update: BOE Inflation report less dovish (TTN)
Trade the News Staff Wednesday November 10, 2010 - 11:02:43 GMT
The FX markets initially saw a gentle and tame European morning after the rise in volatility exhibited on Tuesday around the session's close. The EUR fell against the USD on Tuesday amid ongoing concerns over the unsustainable debt levels in Portugal (and More...
|
Daily GVI Forex Forex View- Watch Fixed Income Markets
global-view.com Wednesday November 10, 2010 - 10:58:31 GMT
10:00 GMT (Global-View.com) Nov 10- Ben Bernanke has to be surprised by the depth of opposition to QE2 that persists both in the U.S. and abroad. Not only is the verbal opposition strong, but fixed income markets have been reacting poorly as well. More...
|
Forexpros Daily Analysis - 10/11/2010
Forexpros Wednesday November 10, 2010 - 10:23:48 GMT
In this webinar Luca will explain how to trade forex and commodities (gold, silver, brent) in an innovative way using some indicators of 'technical analysis'. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday November 9, 2010 - 16:45:42 GMT
The dollar maintained a soft tone throughout the New York morning as both industrial and soft commodities continued their parabolic ride. The market was waiting for a potential gesture from China ahead of the G20 Leader Summit More...
|
AUD/USD Poised for Breakout
FX Solutions Tuesday November 9, 2010 - 15:54:50 GMT
AUD/USD (a 4-hour chart of which is shown) as of Tuesday (11/09/2010) has consolidated near the multi-decade highs just below key 1.0200 resistance More...
|
What if Ben is right?
Black Swan Capital Tuesday November 9, 2010 - 14:26:38 GMT
You know how it goes, when the market is usually sure something will happen it usually doesn’t. There are a host of reasons for this. One reason is that we always tend to make inferences or ... More...
|
Forexpros Daily Analysis - 09/11/2010
Forexpros Tuesday November 9, 2010 - 11:12:43 GMT
In this webinar Luca will explain how to trade forex and commodities (gold, silver, brent) in an innovative way using some indicators of 'technical analysis'. More...
|
European Market Update: Risk apetite finds fresh legs (TTN)
Trade the News Staff Tuesday November 9, 2010 - 11:08:37 GMT
The softer USD tone in the session was reflected with precious metals containing their upward trend in session with spot gold hitting fresh all-time high above $1,420.00/oz; spot Silver at fresh 30-year highs just shy of 28.50/oz and spot Palladium toppin More...
|
Daily GVI Forex Forex View- Price Action Focus
global-view.com Tuesday November 9, 2010 - 10:45:49 GMT
10:00 GMT (Global-View.com) Nov 9- Forex markets are off to a cautious start on Tuesday as activity appears now to be more keenly focused on price action that other factors. As usual, the EURUSD relationship is the focal point of trade. It had appeared ye More...
|
FOREX-Euro slips as euro zone debt prompts fret
Reuters Monday November 8, 2010 - 23:42:12 GMT
The euro fell against the U.S. dollar for a second straight session on Monday as budget problems in Ireland and euro zone debt issues prompted investors to seek safety in the greenback. More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Monday November 8, 2010 - 20:27:09 GMT
Eurozone sovereign debt jitters took centre stage in the absence of any significant news for markets. These concerns have been present since mid-year, but have intensified over the past week with the EU's Budget assessment of Ireland, fears Greece would b More...
|
Forex Trading Setup 11.8.2010 – Harami in GBP/JPY
FXTimes Monday November 8, 2010 - 19:53:55 GMT
The GBP/JPY has been rallying sharply last week, but stopped to create a harami or inside bar on Friday. Today’s price action is closing below Thursday’s open, and this combination of the 3 candles... More...
|
EUR/USD Elliott Wave Count – Imminent Downswing
FXTimes Monday November 8, 2010 - 17:04:46 GMT
…I would say the market was not that focused on Europe’s problems as much as the problems in the US. While there may be some further weakness in the greenback, the Euro may also be stepping into... More...
|
USD/JPY Triangle Near Record Lows
FX Solutions Monday November 8, 2010 - 16:39:52 GMT
USD/JPY (a 4-hour chart of which is shown) as of Monday (11/08/2010) has formed a converging triangle consolidation pattern near the all-time record low More...
|
Ganging Up On the Euro Gang
Black Swan Capital Monday November 8, 2010 - 15:44:37 GMT
Everyone is gobbling up the eurozone sovereign debt story again now that the euro nosedive is into its second day. QE2 talk is mostly out of the way, but the latest unemployment numbers in the US ... More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Monday November 8, 2010 - 15:41:48 GMT
EUR/USD is off its worst levels but still faces headwinds from the European peripheral situation. In a separate development, the ECB noted that over €700M was settled in the most recent week under its government bond buying scheme More...
|
European market Update: Irish budget concerns simmer (TTN)
Trade the News Staff Monday November 8, 2010 - 10:59:23 GMT
In various media sources, the Irish opposition party leader stated it will not support the Irish government's budget plan. The leader of the opposition's largest party, Fine Gael, said the government has no credibility, though it does agree with next year More...
|
Economics Weekly - Are Irish eyes really smiling?
Lloyds TSB Financial Markets Monday November 8, 2010 - 10:47:07 GMT
Ireland may only account for 1-2% of euro-zone GDP, but it is punching above its weight at the moment. The Irish government has front-loaded its 4-year €15bn tightening programme to incorporate a €6bn adjustment next year alone More...
|
Daily GVI Forex Forex View- QE2 Conumdrum
global-view.com Monday November 8, 2010 - 10:47:00 GMT
10:00 GMT (Global-View.com) Nov 8- Forex markets are still trying to digest the likely impact of the additional quantitative ease announced by the Fed last week. Some are still worried about hyper-inflation in the U.S., which would seem to be very unlikel More...
|
Forexpros Daily Analysis - 08/11/2010
Forexpros Monday November 8, 2010 - 10:12:06 GMT
For the GBPJPY, the price failed to break below the support level of 126.791 last week and has move upward toward its resistance level. More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Sunday November 7, 2010 - 21:46:59 GMT
The eagerly awaited US jobs data surprised with a large gain, supporting equities, commodities and the US dollar. The 151,000 jobs added to non-farm payrolls in October (plus positive back-revisions) exceeded the +60,000 consensus forecast, and gave the s More...
|
Can Quantitative Easing Be Discounted? Should it be (FXA)
Foreign Exchange Analytics Saturday November 6, 2010 - 19:59:22 GMT
In their most reduced form markets are capable of building a discounting mechanism for quantitative easing from the Fed…poll participants on the scale and pace of QE, develop a median or consensus expectation and trade under, over or on expectations. More...
|
Currency Strength/Weakness Meter
FX Solutions Friday November 5, 2010 - 23:33:46 GMT
Here are the strongest and weakest major currencies for the past week (November 1-5, 2010), based upon relative percentage price change against each other More...
|
AUD/USD Bullish March
FX Solutions Friday November 5, 2010 - 15:49:41 GMT
AUD/USD (a 4-hour chart of which is shown) as of Friday (11/05/2010) has continued to display its bullish intent on the heels of this week’s FOMC and Non-Farm Payrolls announcements. More...
|
Forex Blog - US Market Update (TTN)
BHF-Bank Friday November 5, 2010 - 15:42:31 GMT
Nonfarm payrolls has helped the greenback capitalize on some earlier jitters from the European peripheral countries. EUR/USD tested 1.4035 at its lows while USD/JPY retested the pivotal 81.50 level More...
|
FX Briefing - Fed to buy Treasury bonds
BHF-Bank Friday November 5, 2010 - 15:40:22 GMT
The Fed’s decision to purchase $600bn in Treasury bonds by the middle of 2011 triggered a surge in demand for riskier assets. Against this backdrop, not only did equity and commodity markets post hefty gains, but most major non-US currencies rose signif More...
|
FOREX NEWS - US dollar drops as investors seek higher returns
Reuters Thursday November 4, 2010 - 20:25:04 GMT
The U.S. dollar fell to a 28-year low against the Australian currency on Thursday and over a nine-month trough versus the euro after Federal Reserve plans to buy more Treasuries pushed U.S. yields lower and prompted investors to seek returns elsewhere.
More...
|
Bernanke Fed Underwrites Stocks, Foreign Currency (FXA)
Foreign Exchange Analytics Thursday November 4, 2010 - 17:16:13 GMT
Never did I think a Fed Chairman would admit to designing monetary policy to boost stock prices. He did just that this week and for those in retail space sitting with their legs crossed and hands over their heads in cash and bonds, he told them in the Wa More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Thursday November 4, 2010 - 15:29:51 GMT
The dollar maintained a soft tone across the major and commodity-related pairs as the markets continued to react to the official launch of the Fed's QE2 measure. More...
|
European Market Update: QE2 sets sail with open bar to short USDs (TTN)
Trade the News Staff Thursday November 4, 2010 - 10:19:31 GMT
Dealers eagerly waived to the departing QE2 as the Fed measures set sail with open bar to short USD. Dealer note that post Fed the 1.4060 provided the obvious support in EUR/USD and set their sights set on testing the KEY downtrend line of 1.4500 (drawn f More...
|
QE2 Post Mortem (FXA)
Foreign Exchange Analytics Wednesday November 3, 2010 - 21:06:42 GMT
I feel like one of the Texas Rangers facing Tim Lincecum with a 3-2 count…you know a fast ball is coming…that did not make hitting it any easier. The FOMC with Bernanke on the mound delivered nearly exactly what the markets had anticipated and very de More...
|
Forex Blog - Morning Report (Westpac)
Westpac Institutional Bank Wednesday November 3, 2010 - 20:57:11 GMT
The US central bank said it intends to purchase an additional $600bn of longer term treasury securities by Q2 2011 at a pace of around $75bn per month, close enough to market expectations More...
|
Gold Recovers Strong Uptrend
FX Solutions Wednesday November 3, 2010 - 20:49:44 GMT
Gold (a 4-hour chart of which is shown) as of Wednesday (11/03/2010) dipped slightly below a strong uptrend support line More...
|
A Second Guess.
Black Swan Capital Wednesday November 3, 2010 - 16:13:02 GMT
Second-guessing our analytical “certainty” – it seems as though it doesn’t make sense to fight the Fed (read: the market’s perception of the Fed’s role at keeping the markets as safe as possible ... More...
|
GBP/JPY Approaches Key Resistance
FX Solutions Wednesday November 3, 2010 - 15:56:59 GMT
GBP/JPY (a daily chart of which is shown) as of Wednesday (11/03/2010) has risen to approach a key resistance confluence. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Wednesday November 3, 2010 - 15:50:47 GMT
The dollar rebounded from its worst levels against the European pairs as US economic data came in above forecasts. USD/JPY tested 81.50 as participants sought the path of least resistance, eying potential USD buy-stops above the session highs. More...
|
Thoughts on US Election (FXA)
Foreign Exchange Analytics Wednesday November 3, 2010 - 13:46:07 GMT
Post mortems are never easy after major swings in elections like the one Tuesday in the US. So it is quite easy for Republicans to explain the shift as largely ideological…a vote against the socialist European model More...
|
FOREX NEWS - Dollar steady but seen undermined by Fed QE
Reuters Wednesday November 3, 2010 - 09:37:22 GMT
The dollar held steady on Wednesday as the Federal Reserve looked set to add more stimulus to spur a flagging recovery, a move analysts said would weigh on U.S. yields and ultimately put more pressure on the greenback.
More...
|
FOREX NEWS - Dollar falls before Fed decision; rebound likely
Reuters Tuesday November 2, 2010 - 20:15:41 GMT
The U.S. dollar fell on Tuesday after Australia's surprising interest-rate hike and somepositive economic news in the euro zone, but analysts warned of a possible rebound if the Federal Reserve disappoints markets at the end of its policy meeting on Wedne More...
|
QE2 (FXA)
Foreign Exchange Analytics Tuesday November 2, 2010 - 19:02:42 GMT
I think by now there is no debate over whether the Fed sets sail on QE2. That decision was largely made in late August when the Chairman delivered his speech to the KC Fed Jackson Hole conference. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday November 2, 2010 - 15:13:13 GMT
Sterling weakened in early New York trading after dealers commented that the Bundesbank might have been active in buying EUR/GBP. Safe haven flows were also evident in the NY morning after More...
|
AUD/USD Bulls Reign on Rate Hike
FX Solutions Tuesday November 2, 2010 - 14:42:54 GMT
AUD/USD (a 4-hour chart of which is shown) as of Tuesday (11/02/2010) has shot up to continue its entrenched uptrend on the heels of an unexpected interest rate hike by the Reserve Bank of Australia. More...
|
Action
Black Swan Capital Tuesday November 2, 2010 - 13:59:46 GMT
There seem a handful of things in play today that are influencing rather mixed price action. Here’s a quick update on how things are going so far today. More...
|
Our Answers to Our Questions
Black Swan Capital Tuesday November 2, 2010 - 13:53:16 GMT
Quantitative easing has been fully priced into this market. The consensus will recognize that the coming QE will not do what it is promised to do. The optimism injected by China growth and ... More...
|
Daily GVI Forex Forex View- Australian Surprise
global-view.com Tuesday November 2, 2010 - 10:04:05 GMT
10:00 GMT (Global-View.com) Nov 2- There already have been two headline events today, The Reserve Bank of Australia unexpectedly hiked its Cash Rate target by 25bps to 4.75% and the flash October EZ manufacturing PMI was revised up to 54.6 from 54.1 More...
|
EUR/USD Respects 1.4000, Forms Triangle
FX Solutions Monday November 1, 2010 - 17:31:37 GMT
EUR/USD (a 4-hour chart of which is shown) as of Monday (11/01/2010) has been entrenched within a converging consolidation for several weeks now. This consolidation has taken the form of a triangle More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Monday November 1, 2010 - 15:36:52 GMT
Strong manufacturing data from around the globe sent equities higher this morning. In the Asia session, October PMI data from India and China was very strong, and a raft of European PMI readings were also better than expected. More...
|
Economics Weekly - Markets poised for action from the Fed...
Lloyds TSB Financial Markets Monday November 1, 2010 - 10:24:31 GMT
The week will be dominated by the Mid-term elections and the FOMC meeting on Wednesday. Markets are expecting the Fed to announce upwards of $750bn of additional QE. Failure to do so will lead to unfavourable market shifts. Additionally More...
|
FOREX NEWS - Dollar falls as market prepares for Fed easing
Reuters Monday November 1, 2010 - 10:01:17 GMT
The dollar fell against a basket of currencies on Monday ahead of expected further U.S. monetary easing, slipping back towards a 15-year low versus the yen after an apparently erroneous spike triggered intervention jitters.
More...
|
Be Careful What You Wish For (Mauldin)
Thoughts from the Frontline Saturday October 30, 2010 - 09:29:01 GMT
People only accept change when they are faced with necessity, and only recognize necessity when a crisis is upon them..
More...
|
Currency Strength/Weakness Meter
FX Solutions Friday October 29, 2010 - 21:40:32 GMT
Here are the strongest and weakest major currencies for the past week (October 25-29, 2010), based upon relative percentage price change against each other More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Friday October 29, 2010 - 15:37:26 GMT
The greenback saw a good portion of its overnight gains evaporate after GDP data came in right in line as dealers concluded that QE2 measures remain on track More...
|
GBP/USD Reaches Up Towards 1.6000 Resistance
FX Solutions Friday October 29, 2010 - 15:20:10 GMT
GBP/USD (a 4-hour chart of which is shown) as of Friday (10/29/2010) has reached all the way back up to around key 1.6000 resistance after a week of general upward trending. More...
|
FX Briefing - Decision days
BHF-Bank Friday October 29, 2010 - 14:49:54 GMT
Since the beginning of October, EUR-USD has been oscillating around 1.39, alternately dropping below 1.38 and then rallying to above 1.40 again. The movement was generally triggered by speculation on the likelihood of the Fed launching further quantitativ More...
|
The List (10/28/2010)
Black Swan Capital Friday October 29, 2010 - 14:46:12 GMT
US jobless claims came in surprisingly positive, helping to buoy risk appetite today ... So let’s keep it simple and look at a list of items that might mark an end to the current trend of risk-taking. More...
|
Random Thoughts on QE2 and EM Salvation
Foreign Exchange Analytics Friday October 29, 2010 - 13:15:17 GMT
The Bill Gross piece (PIMCO) on the end of the 30-year bond market rally is clever and to the point…in his unique style he manages to avoid taking sides in the political economic debate raging into the election… More...
|
Daily GVI Forex Forex View- Adjusting Positions
global-view.com Friday October 29, 2010 - 10:17:51 GMT
10:00 GMT (Global-View.com) Oct 29- The week ahead is shaping up to be a major one for market events featuring important U.S. elections on Tuesday and a watershed FOMC decision on Wednesday. More...
|
FOREX NEWS - Dollar dips as mood shifts again on Fed easing
Reuters Thursday October 28, 2010 - 20:53:50 GMT
The dollar fell on Thursday in tandem with Treasury yields as investors once again reassessed how much money the Federal Reserve was likely to commit to a second round of monetary stimulus when it meets next week.
More...
|
Forex Blog - Morning Report (Westpac)
Westpac Institutional Bank Thursday October 28, 2010 - 19:27:06 GMT
The US dollar and US treasury yields remained under pressure. The Fed yesterday sought opinions from bond dealers about the scope of the forthcoming QE2, leading to speculation it does not want to underwhelm the market with the program More...
|
GVI Forex- Data Outlook for Oct 29, 2010
global-view.com Thursday October 28, 2010 - 15:36:06 GMT
Oct 28 (global-view.com) UPCOMING DATA HIGHLIGHTS: On Friday:
Far East: A slew of monthend Japanese data are due, with the highlight- CPI.
More...
|
ForexPros Daily News October 28, 2010
Forexpros Thursday October 28, 2010 - 10:36:34 GMT
Forex Pros – The euro was up against the U.S. dollar on Thursday, rising to hit a daily high as the dollar reversed its recent uptrend. More...
|
FOREX NEWS - Dollar rallies as Fed policy questions swirl
Reuters Wednesday October 27, 2010 - 21:09:00 GMT
The dollar's rise on Wednesday pushed it into positive territory against major currencies for the year as investors continued to unwind bets against the greenback before a highly anticipated Federal Reserve meeting.
More...
|
EUR/GBP Breaks Down Uptrend Channel
FX Solutions Wednesday October 27, 2010 - 20:18:55 GMT
EUR/GBP (a 4-hour chart of which is shown) as of Wednesday (10/27/2010) has broken down below a key parallel uptrend channel that has characterized this currency pair since the September lows. More...
|
Forex Blog - Morning Report (TTN)
Westpac Institutional Bank Wednesday October 27, 2010 - 19:14:36 GMT
Risk appetite retreated further, as expectations regarding Fed easing were pared back. Influential WSJ Fed watcher Hilsenrath predicted a more incremental and flexible approach to be unveiled at next week's FOMC meeting, and the market is speculating bett More...
|
USD/CHF Trendline Breakout to Resistance
FX Solutions Wednesday October 27, 2010 - 16:15:33 GMT
USD/CHF (a 4-hour chart of which is shown) as of Wednesday (10/27/2010) has broken out above a key downtrend resistance line and established a new one-month high in the process. More...
|
Forex Blog - Geithner's Dollar Put (FXA)
Foreign Exchange Analytics Wednesday October 27, 2010 - 15:15:01 GMT
To be perfectly clear I am working more off circumstantial evidence than anything I have learned from officials but I think there is strong evidence of an implied bargain made at G20 which falls way short of a “grand bargain” but should be seen as the More...
|
Daily GVI Forex Forex View- Shifting Sentiment on QE2
global-view.com Wednesday October 27, 2010 - 10:10:37 GMT
10:00 GMT (Global-View.com) Oct 27- The trading focus today appears to be on the pace of expected quantitative ease decision by the FOMC next week. An article in the WSJ suggests that the initial injection of funds might not be as aggressive as many in th More...
|
ForexPros Daily News October 27, 2010
Forexpros Wednesday October 27, 2010 - 09:25:20 GMT
Forex Pros – The euro was down against the U.S. dollar on Wednesday, tumbling to a 5-day low after signs emerged that the second round of quantitative easing by the Federal Reserve may not be as large More...
|
Forex Research - Morning Report (TTN)
Westpac Institutional Bank Tuesday October 26, 2010 - 19:13:23 GMT
Markets corrected. The S&P500 is currently down 0.2%, although it was down 0.7% before some decent US data on consumer confidence and regional manufacturing activity. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday October 26, 2010 - 15:47:07 GMT
The upside surprise in the UK GDP data aided the greenback during the New York session as dealers rethought the probability any Fed QE2 ahead of US GDP data later this week. More...
|
EUR/USD Breaks Wedge
FX Solutions Tuesday October 26, 2010 - 15:15:18 GMT
EUR/USD (a 4-hour chart of which is shown) as of Tuesday (10/26/2010) has broken down below a rising wedge consolidation pattern. More...
|
FOREX NEWS - Dollar steadies; sterling jumps on GDP data
Reuters Tuesday October 26, 2010 - 10:50:05 GMT
The dollar steadied on Tuesday, with investors wary of pushing it lower due to uncertainty about what easing measures the Federal Reserve may take next week, while UK economic growth figures lifted sterling.
More...
|
ForexPros Daily News October 26, 2010
Forexpros Tuesday October 26, 2010 - 10:23:56 GMT
Forex Pros – The pound was up against the U.S. dollar on Tuesday, soaring to a 4-day high after the release of significantly better-than-expected U.K. third quarter GDP data.
More...
|
Daily GVI Forex Forex View- Looking For Direction
global-view.com Tuesday October 26, 2010 - 09:58:35 GMT
10:00 GMT (Global-View.com) Oct 26- Markets are back looking for direction as downward USD momentum against the EUR appears to have stalled for now. From a fundamental perspective, many feel that an announcement of additional USD weakness is inevitable wi More...
|
Morning Report (Westpac)
Westpac Institutional Bank Monday October 25, 2010 - 20:04:14 GMT
The post-G20 sell-off in the US dollar and surge in US equities took a breather during the NY session. S&P500 futures peaked during the Sydney afternoon, and apart from a brief spike after some consensus-beating US data, More...
|
GBP/JPY Drops to 20-Month Low
FX Solutions Monday October 25, 2010 - 16:49:39 GMT
GBP/JPY (a daily chart of which is shown) as of Monday (10/25/2010) has just established a new 20-month low by breaking down tentatively below the previous long-term low of 126.70 set in May. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Monday October 25, 2010 - 15:42:02 GMT
The USD paused from its earlier weak tone as dealers continued to debate whether it was in the interest of emerging market countries not let the dollar go into a freefall so soon after G20 meeting. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Monday October 25, 2010 - 15:07:47 GMT
The USD paused from its earlier weak tone as dealers continued to debate whether it was in the interest of emerging market countries not let the dollar go into a freefall so soon after G20 meeting More...
|
GVI Forex- Data Outlook for Oct 26, 2010
global-view.com Monday October 25, 2010 - 15:02:49 GMT
Oct 25(global-view.com) UPCOMING DATA HIGHLIGHTS:
On Tuesday, the Far East will see no major data.
In Europe, U.K. GDP data will be released.
More...
|
Forexpros.com Daily Analysis - 25/10/2010
Forexpros Monday October 25, 2010 - 09:48:59 GMT
A review of the top fundamental news events over the prior month, and a look ahead and the news that could influence the foreign exchange market over the coming weeks. More...
|
G20 FX Language Hides the Drama (FXA)
Foreign Exchange Analytics Sunday October 24, 2010 - 20:44:41 GMT
To be clear G20 via the language of the communiqué did declare a truce bringing to a pause an escalating currency war by calling for a “move towards more market determined exchange rate systems that reflect underlying economic fundamentals and refrain More...
|
Currency Strength/Weakness Meter
FX Solutions Saturday October 23, 2010 - 01:34:40 GMT
Here are the strongest and weakest major currencies for the past week (October 18-22, 2010), based upon relative percentage price change against each other More...
|
GVI Forex- Data Outlook for Oct 25, 2010
global-view.com Friday October 22, 2010 - 15:39:39 GMT
Oct 22 (global-view.com) UPCOMING DATA HIGHLIGHTS:
The two-day G20 Finance Minister and Central Bank Governor Conference will conclude in South Korea Saturday. On Monday, the Far East will see Japanese trade data and More...
|
FX Briefing - Dollar remains under pressure.
BHF-Bank Friday October 22, 2010 - 15:37:22 GMT
The forex market remains volatile. According to the CFTC report, speculative investors in US futures markets are continuing to bet against the dollar. Net long positions have reached high levels– on EUR, JPY, CHF, AUD and NZD. If all market players are More...
|
EUR/GBP Targets Uptrend Continuation
FX Solutions Friday October 22, 2010 - 15:22:39 GMT
EUR/GBP (a 4-hour chart of which is shown) as of Friday (10/22/2010) has reached up to a key bullish resistance target in the 0.8900 price region More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Friday October 22, 2010 - 15:19:53 GMT
EUR/USD remains locked in the overnight established range, although dealers are noting some good interest from Middle Eastern names, helping pull the pair back from a spike down to 1.3700 earlier on. More...
|
Daily GVI Forex Forex View- G20 Underway
global-view.com Friday October 22, 2010 - 10:21:48 GMT
10:00 GMT (Global-View.com) Oct 22- We are being told not to expect much from the G20 FinMin and Central Bank Governors meeting now underway in South Korea. Not surprisingly, the proposal of Secretary Geithner that limits be placed on Current Account surp More...
|
AUD/USD Continues Downturn
FX Solutions Thursday October 21, 2010 - 19:34:04 GMT
AUD/USD (a 4-hour chart of which is shown) as of Thursday (10/21/2010) has continued its bearish bias after breaking down below a key parallel uptrend channel More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Thursday October 21, 2010 - 16:31:24 GMT
-Euro strength has remained in place during the New York session. Dealers observed that positive euro sentiment seems to be based on German factors since markets ignored peripheral debt issues and More...
|
USD/CHF in Downtrend Retracement
FX Solutions Thursday October 21, 2010 - 16:15:16 GMT
USD/CHF (a 4-hour chart of which is shown) as of Thursday (10/21/2010) has shown that it is still entrenched in a bullish retracement within the context of a strong downtrend. More...
|
GVI Forex- Data Outlook for Oct 22, 2010
global-view.com Thursday October 21, 2010 - 14:55:47 GMT
On Friday, the Far East will see no key data. The two-day G20 Finance Minister and Central Bank Governor conference will be held in South Korea on Friday and Saturday.
More...
|
Daily GVI Forex Forex View- Another USD Stumble
global-view.com Thursday October 21, 2010 - 10:07:16 GMT
10:00 GMT (Global-View.com) Oct 21- Forex markets continue to trade erratically as traders set up for the weekend G20 Finance Minister and Central Banker meeting this weekend in South Korea. This is the big meeting for the forex markets as the G20 leaders More...
|
ForexPros Daily News October 21, 2010
Forexpros Thursday October 21, 2010 - 10:06:28 GMT
Forex Pros – The euro edged higher against the U.S. dollar on Thursday, erasing early losses, following remarks by U.S. Treasury Secretary Timothy Geithner More...
|
US Dollar Policy - A Work in Progress
Foreign Exchange Analytics Wednesday October 20, 2010 - 23:51:22 GMT
It may well be a function of G20 approaching and the need to find common ground with major countries at G20 in S Korea Friday and Saturday (c bankers are attending as well) that US Treasury Secretary has been drawn into discussing the US dollar’s declin More...
|
FOREX NEWS - Dollar struggles on Fed view, Aussie firms
Reuters Wednesday October 20, 2010 - 23:42:05 GMT
The dollar struggled in Asia on Thursday, hovering just above a 15-year low against the yen as markets fretted about the amount of money the U.S. Federal Reserve will have to inject to shore up a faltering economy.
More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Wednesday October 20, 2010 - 15:32:58 GMT
With yesterday's dollar strength a memory the EUR/USD is probing 1.40 as the euro gains towards on renewed chatter that the Fed plans to "aggressively increase its bond purchases." More...
|
GVI Forex- Data Outlook for Oct 20, 2010
global-view.com Wednesday October 20, 2010 - 14:52:55 GMT
On Thursday, the Far East will see no key data.
In Europe, Swiss Trade and ZEW sentiment data are due. The EZ will see flash Mfg/Svc PMI data and U.K. Retail sales data are awaited.
More...
|
FOREX NEWS - Dollar slips as China rate hike impact wanes
Reuters Wednesday October 20, 2010 - 10:37:05 GMT
The dollar fell against a basket of currencies for the first time in four sessions on Wednesday, as appetite for higher-yielding currencies stabilised after being jolted by a surprise interest rate hike by China.
More...
|
ForexPros Daily News October 20, 2010
Forexpros Wednesday October 20, 2010 - 09:51:54 GMT
Forex Pros – The U.S. dollar was down against the yen on Wednesday, re-approaching a 15-year low as market focus returned to the prospect of further monetary easing by the Federal Reserve. More...
|
Daily GVI Forex Forex View- Seoul G20 Focus
global-view.com Wednesday October 20, 2010 - 09:51:18 GMT
10:00 GMT (Global-View.com) Oct 20- Forex markets have stabilized early Wednesday as the markets have pulled back from heavy short positions in the USD ahead of the G20 this weekend in Seoul, South Korea. There is concern that decisions of some kind will More...
|
Forex Research Morning Report (Westpac)
Westpac Institutional Bank Tuesday October 19, 2010 - 19:58:45 GMT
Risk markets reversed last night. Catalysts cited included China's central bank raising 1yr interest rates by 25bp to curb a housing bubble, weaker-than-expected earnings guidance from Apple, and More...
|
EUR/USD Drops Below Critical Support
FX Solutions Tuesday October 19, 2010 - 18:34:20 GMT
EUR/USD (a 4-hour chart of which is shown) as of Tuesday (10/19/2010) has broken down below multiple static and dynamic support levels, and has gone on to breakdown below key support in the 1.3800 More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday October 19, 2010 - 15:48:06 GMT
With investors fleeing risk, the dollar strengthened against major pairs. EUR/USD tested below the 1.38 handle while GBP/USD tested below 1.57 (aided by a weak CBI industrial data). More...
|
Forex Blog - Dollar Détente (FXA)
Foreign Exchange Analytics Tuesday October 19, 2010 - 14:18:12 GMT
US Treasury Secretary Geithner finally was heard on the USD and in the context of recent market moves (huge decline)…he did not chant the dollar mantra but he did state emphatically that the US is not devaluing the dollar (maybe the Fed is) and it is wo More...
|
Daily GVI Forex Forex View- New Patterns
global-view.com Tuesday October 19, 2010 - 09:54:01 GMT
10:00 GMT (Global-View.com) Oct 19- For the first time in a long time U.S. Treasury Secretary overnight came out in favor of a strong USD. We are skeptical of his message as we feel strongly that the U.S. has been pursuing a weak USD policy as part of it More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Monday October 18, 2010 - 19:39:09 GMT
Risk appetite remained supported thanks to good Q3 earnings at Citigroup, an estimate-beating US homebuilders confidence survey, and continuing expectations of Fed QE. More...
|
AUD/USD Bounces Off Uptrend Channel Support
FX Solutions Monday October 18, 2010 - 18:47:49 GMT
AUD/USD (a 4-hour chart of which is shown) as of Monday (10/18/2010) has bounced up off the bottom support line of a parallel uptrend channel extending back to the August lows. More...
|
GVI Forex- Data Outlook for Oct 19, 2010
global-view.com Monday October 18, 2010 - 15:27:09 GMT
Oct 18 (global-view.com) UPCOMING DATA HIGHLIGHTS: On Tuesday, the Far East will see no key data. In Europe, EZ current account and investment flows data are due along with the ZEW survey results. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Monday October 18, 2010 - 15:12:33 GMT
FX trading during the New York session confirm there has been no newfound enthusiasm for the dollar, confirming that earlier dollar strength was more a result of positioning. More...
|
USD/CHF Retraces Within Strong Downtrend
FX Solutions Monday October 18, 2010 - 15:11:52 GMT
USD/CHF (a 4-hour chart of which is shown) as of Monday (10/18/2010) has been making yet another bullish retracement beginning late last week, within the context of the strong bearish trend More...
|
Daily GVI Forex Forex View- A New Week
global-view.com Monday October 18, 2010 - 09:58:44 GMT
10:00 GMT (Global-View.com) Oct 18- We were surprised by the clarity of the speech Friday morning by Fed Chairman Bernanke on Friday. We had assumed with important national elections looming that he would have played his cards close to the vest so as not More...
|
EUR/USD Correction – Elliott Wave
FX Solutions Sunday October 17, 2010 - 23:18:34 GMT
EUR/USD (daily chart) – Euro reached new highs against the US dollar in the past week around 1.4150 but fell on Friday, and closed below the important 1.4000 psychological level. More...
|
Currency Strength/Weakness
FX Solutions Saturday October 16, 2010 - 02:23:01 GMT
Here are the strongest and weakest major currencies for the past week (October 11-15, 2010), based upon relative percentage price change against each other More...
|
FX Briefing - Fed and ECB: drifting apart
BHF-Bank Friday October 15, 2010 - 17:03:06 GMT
The potential easing of US monetary policy and the ensuing capital flows into emerging markets and other growth regions continue to dominate the financial markets. More...
|
USD/CAD Still Looking Heavy
FX Solutions Friday October 15, 2010 - 15:20:01 GMT
USD/CAD (a daily chart of which is shown) as of Friday (10/15/2010) has shown some bullish correctiveness today after hitting parity (1.0000) on Thursday More...
|
GVI Forex- Data Outlook for Oct 18, 2010
global-view.com Friday October 15, 2010 - 14:56:14 GMT
Oct 15 (global-view.com) UPCOMING DATA HIGHLIGHTS: On Monday, the Far East key New Zealand quarterly CPI data and Japanese Industrial Output data. In Europe, no major data are slated. More...
|
FOREX NEWS - Dollar drops to 2010 low vs major rivals
Reuters Thursday October 14, 2010 - 20:39:43 GMT
The U.S. dollar slid to a 2010 low against a basket of currencies on Thursday after Singapore let its currency rise but analysts saw increasing chances of a dollar rebound with negative sentiment More...
|
USD/CHF Breaks Down to Record Low
FX Solutions Thursday October 14, 2010 - 19:44:28 GMT
USD/CHF (a 4-hour chart of which is shown) as of Thursday (10/14/2010), after having just broken down below the previous all-time low of 0.9554 that was established one week ago, has established a new More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Thursday October 14, 2010 - 19:33:15 GMT
London market started off with a hiss and a roar with AUD/USD pushing to a high of 0.9994, EUR/USD breaking 1.4000 and then 1.4100 barriers, and GBP/USD moving through 1.6000 but it ran out of puff as market concerns More...
|
GBP/USD Uptrend Looks Tired – Elliott Wave
FX Solutions Thursday October 14, 2010 - 16:33:18 GMT
GBP/USD (4-hour chart) – The pound was one of the weakest currencies out there in recent trading sessions and days, but not against the US dollar. The pair regained after the market formed only More...
|
AUD/USD Record High Near Parity, Then Pullback
FX Solutions Thursday October 14, 2010 - 14:32:52 GMT
AUD/USD (a 4-hour chart of which is shown) as of Thursday (10/14/2010) broke out above 0.9900 resistance to reach a record high just shy of parity (1.0000) in early Thursday trading More...
|
ForexPros Daily News October 14, 2010
Forexpros Thursday October 14, 2010 - 09:43:58 GMT
Forex Pros – The U.S. dollar tumbled to a fresh 15-year low against the yen on Thursday, as selling pressure on the dollar intensified following a surprise decision by Singapore’s central bank to tigh More...
|
Daily GVI Forex Forex View- Risk Trade on
global-view.com Thursday October 14, 2010 - 09:37:24 GMT
10:00 GMT (Global-View.com) Oct 14- The USD continues to suffer in the wake of growing expectations for additional quantitative ease fro the Fed as, but not before, the November 3 FOMC meeting. Political considerations stand in the way of any actions bef More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Wednesday October 13, 2010 - 20:24:49 GMT
The USD continues to be sold and risk appetite continues to firm. Financial markets were buoyed today by a raft of positives in the last 12 hours. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Wednesday October 13, 2010 - 15:30:31 GMT
The greenback entered the NY morning on the vulnerable side, with dealers continuing to blame contrasting ECB and Fed policies coupled with big funding flows into emerging currencies More...
|
GVI Forex- Data Outlook for Oct 14, 2010
global-view.com Wednesday October 13, 2010 - 14:23:10 GMT
Oct 13 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see Japanese Corporate Goods Prices (wholesale prices) on Thursday. In Europe, no major data are slated. More...
|
Daily GVI Forex Forex View- Fed Aftermath
global-view.com Wednesday October 13, 2010 - 10:20:12 GMT
10:00 GMT (Global-View.com) Oct 13- As expected the minutes from the latest FOMC meeting released Tuesday afternoon in NYC were a significant event. The Fed has been making it known that this is its preferred method for communicating with the markets. More...
|
ForexPros Daily News October 13, 2010
Forexpros Wednesday October 13, 2010 - 10:04:49 GMT
Forex Pros – The U.S. dollar edged higher against the yen on Wednesday, after minutes of the most recent meeting of Federal Reserve policy makers indicated that many believe fresh economic More...
|
EUR/GBP Breaks to the Upside
FX Solutions Tuesday October 12, 2010 - 18:13:20 GMT
EUR/GBP (a 4-hour chart of which is shown) as of Tuesday (10/12/2010) has made a swift breakout above key resistance in the 0.8730 price region as well as a counter-trend retracement trendline More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday October 12, 2010 - 15:48:13 GMT
The greenback gave up some of its earlier gains as the New York session began, with the CHF pair leading the way More...
|
Daily GVI Forex Forex View- Fed Minutes Later
global-view.com Tuesday October 12, 2010 - 15:13:26 GMT
10:00 GMT (Global-View.com) Oct 12- Dealers early Tuesday are setting up for the release of the latest Fed policy board minutes later today. The most recent meeting, which was three weeks ago, is thought likely to provide further insight into the prospect More...
|
GVI Forex- Data Outlook for Oct 13, 2010
global-view.com Tuesday October 12, 2010 - 15:10:46 GMT
Oct 12 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see Japanese machinery orders and Chinese trade figures on Wednesday. In Europe, More...
|
ForexPros Daily News October 12, 2010
Forexpros Tuesday October 12, 2010 - 10:54:03 GMT
Forex Pros – The U.S. dollar was down against the yen on Tuesday, re-approaching Friday’s 15-year low, as Japanese authorities indicated that they were poised to take “bold” action if the yen continue More...
|
European Market Update: Corrective phase summarizes session (TTN)
Trade the News Staff Tuesday October 12, 2010 - 10:01:03 GMT
USD continued to retrace its recent losses and hit one-week high against the major European currencies. The JPY currency maintained its firm tone up against the majors despite the renewed verbal intervention by Japanese authorities. More...
|
Morning Briefing : 12-Oct-2010 - 0332 GMT
FX Thoughts for the Day Tuesday October 12, 2010 - 03:36:12 GMT
The US Equity markets were open (although banks were closed) and the Dow has closed 3.86 points higher at 11010.34, its second close above 11000 since April. More...
|
GBP/USD Hits Channel Bottom
FX Solutions Monday October 11, 2010 - 20:41:28 GMT
GBP/USD (a 4-hour chart of which is shown) as of Monday (10/11/2010) has hit the bottom of a parallel uptrend channel that has been in place since the September lows around 1.5300. More...
|
ForexPros Daily News October 11, 2010
Forexpros Monday October 11, 2010 - 10:09:11 GMT
Forex Pros – The euro was down against the U.S. dollar on Monday, retreating from a daily high, as the dollar stabilized despite expectations of further monetary easing by the Federal Reserve. More...
|
Morning Briefing : 11-Oct-2010 - 0329 GMT
FX Thoughts for the Day Monday October 11, 2010 - 03:34:22 GMT
US market closed the week on a strong note with Dow gaining 0.53% to shut shop at 11,006 and S&P500 gaining 0.61% to close at 1165. More...
|
Forex Research- Morning Report (Westpac)
Westpac Institutional Bank Sunday October 10, 2010 - 23:28:46 GMT
A weak US payrolls report cemented expectations for another round of Fed stimulus sending the USD broadly lower on Friday. US payrolls fell 95k in Sep while private payrolls rose 64k, below consensus for 75k gain. Most of the detail was discouraging. More...
|
G7 to China – Play Nice, or Else
FX Solutions Sunday October 10, 2010 - 22:14:50 GMT
The world’s financial leaders met in Washington over the weekend to discuss the state of the global economy and come up with policy(s) that are mutually beneficial to all. More...
|
The Ride of the Keynesian Cowboys (Mauldin)
Thoughts from the Frontline Sunday October 10, 2010 - 10:24:30 GMT
To ease or not to ease? That is the question we will take up this week. And if we do get another round of quantitative easing (QE2), will it make any difference? As I asked last week, what if they threw an inflation party and no one came? We will take as More...
|
Currency Strength/Weakness
FX Solutions Saturday October 9, 2010 - 00:37:15 GMT
Here are the strongest and weakest major currencies for the past week (October 4-8, 2010), based upon relative percentage price change More...
|
GVI Forex- Data Outlook for Oct 11, 2010
global-view.com Friday October 8, 2010 - 16:06:36 GMT
Oct 11 (global-view.com) UPCOMING DATA HIGHLIGHTS: No major data are due on Monday. Japan, Canada and the U.S. will be closed for holidays. More...
|
GBP/USD Still Adheres to Bullish Channel
FX Solutions Friday October 8, 2010 - 15:34:16 GMT
GBP/USD (a 4-hour chart of which is shown) as of Friday (10/08/2010) has continued to adhere to a parallel uptrend channel extending back to the September lows around 1.5300. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Friday October 8, 2010 - 15:02:45 GMT
Headline roulette saw the FX markets in a volatile mode due to plethora of speakers and a key US employment report More...
|
FX Briefing - The end of the “strong dollar” doctrine
BHF-Bank Friday October 8, 2010 - 13:58:15 GMT
The US dollar is losing further ground on the foreign exchange markets. EUR-USD succeeded in briefly going beyond 1.40 on Thursday, sterling reached a 7-month high of 1.60 and, at almost 1.00, AUS-USD is at its highest level in 28 years. More...
|
US Has a Strong Dollar Policy According to Trichet
Foreign Exchange Analytics Friday October 8, 2010 - 01:51:25 GMT
When JC Trichet has to quote US Treasury Secretary Geithner from February 2010, the last time the top US FX policy cop said a strong dollar is in US best interest, and at a time when the currency is falling like a stone against everything, something is wr More...
|
EUR/GBP Steep Bullish Channel
FX Solutions Thursday October 7, 2010 - 20:51:31 GMT
EUR/GBP (a 4-hour chart of which is shown) as of Thursday (10/07/2010) has been rising at an exceptionally steep and rapid rate since early September, and has formed a clear parallel uptrend channel More...
|
Daily GVI Forex Forex View- USD Short-Covering into Friday Data
global-view.com Thursday October 7, 2010 - 20:14:09 GMT
20:00 GMT (Global-View.com) Oct 7- Thursday was an active session as expected. The EURUSD tested above the the 1.4000 level before crashing to below 1.3900 before the monthly employment data report on Friday. The ECB and BOE policy decisions held no surpr More...
|
EUR/USD Reaches Target, Pulls Back, Still Bullish
FX Solutions Thursday October 7, 2010 - 15:30:31 GMT
EUR/USD (a 4-hour chart of which is shown) as of Thursday (10/07/2010) has risen substantially from its 1.3800 resistance breakout point to reach and slightly surpass its 1.4000 target More...
|
GVI Forex- Data Outlook for Oct 8, 2010
global-view.com Thursday October 7, 2010 - 15:05:25 GMT
UPCOMING DATA HIGHLIGHTS: The Far East will see Japanese Current Account data and the latest BOJ meeting minutes early on Friday. In Europe, Swiss unemployment data, German trade and U.K. PPI figures will be released. More...
|
FOREX NEWS - Dollar downtrend gathers pace; ECB in focus
Reuters Thursday October 7, 2010 - 11:03:52 GMT
The dollar's downtrend gathered pace on Thursday as it slid to a 15-year low versus the Japanese yen and an all-time low against the Swiss franc on the prospect of more money-printing by the U.S. Federal Reserve.
More...
|
ForexPros Daily News October 7, 2010
Forexpros Thursday October 7, 2010 - 10:48:00 GMT
Forex Pros – The U.S. dollar tumbled to a fresh 15-year low against the yen on Thursday, as the threat of renewed Japanese intervention was sidelined ahead of Friday’s Group of 20 Washington summit More...
|
Daily GVI Forex Forex View- U.S. QE Back in Play
global-view.com Wednesday October 6, 2010 - 20:12:12 GMT
20:00 GMT (Global-View.com) Oct 6- Just when we thought that the Fed might back away from additional Quantitative Ease (QE2), the latest ADP private employment survey came in weaker than expected with jobs falling by -39,000 when the markets were expectin More...
|
GBP/USD Follows Bullish Channel
FX Solutions Wednesday October 6, 2010 - 17:39:28 GMT
GBP/USD (a 4-hour chart of which is shown) as of Wednesday (10/06/2010) has been adhering to a rough parallel uptrend channel since mid-September More...
|
GVI Forex- Data Outlook for Oct 7, 2010
global-view.com Wednesday October 6, 2010 - 15:12:44 GMT
Oct 6 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see Australian employment data and Japanese leading indicators on Thursday. In Europe, U.K. Industrial-Manufacturing output is due. More...
|
ForexPros Daily News October 6, 2010
Forexpros Wednesday October 6, 2010 - 10:19:49 GMT
Forex Pros – The pound edged higher against the U.S. dollar on Wednesday, rising to a fresh 2-month high as concerns that the Federal Reserve will begin fresh monetary easing to stimulate U.S. growth More...
|
Daily GVI Forex Forex View- ADP the Focus
global-view.com Wednesday October 6, 2010 - 10:18:09 GMT
10:00 GMT (Global-View.com) Oct 6- It seems that the Bank of Japan decision to inject additional funds into the system (quantitative ease) has been a catalyst for the markets. By giving equities in Japan and Asia a boost. It appears that the risk trade is More...
|
Daily GVI Forex Forex View- Active Trading Session
global-view.com Tuesday October 5, 2010 - 20:57:15 GMT
20:00 GMT (Global-View.com) Oct 5- Forex markets were active on Tuesday as those who were cautious and sat through the Monday consolidation session with their EURUSD longs were rewarded. It appeared that EURUSD bulls added to their longs on Tuesday despit More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Tuesday October 5, 2010 - 19:17:13 GMT
Bullish sentiment stormed back to life overnight aided by the Bank of Japan's earlier decision to implement new stimulus measures and stronger than expected US PMI data. More...
|
EUR/USD Targets 1.4000
FX Solutions Tuesday October 5, 2010 - 19:04:46 GMT
EUR/USD (a 4-hour chart of which is shown) as of Tuesday (10/05/2010) has continued its dramatic recent bullishness by breaking out above prior key resistance in the 1.3800 price region More...
|
Currency War it is Not, but Currency Conflict Perhaps
Foreign Exchange Analytics Tuesday October 5, 2010 - 17:16:43 GMT
Vietnam ran for over a decade and at a huge cost in lives and money though pale in comparison to say WW2. And Vietnam was never declared a war by the US Congress. It would appear that the world is moving closer to a currency conflict than a currency war More...
|
GVI Forex- Data Outlook for Oct 6, 2010
global-view.com Tuesday October 5, 2010 - 15:30:14 GMT
Oct 5 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see no major data on Wednesday. In Europe, EZ GDP and German industrial orders are due. In North America, the ADP private Jobs survey will be closely followed and the latest weekly energy More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday October 5, 2010 - 15:15:50 GMT
The greenback continued to maintain its soft tone heading into the ISM non-manufacturing release with risk appetite aided by the chatter of the higher ISM reading. More...
|
ForexPros Daily News October 5, 2010
Forexpros Tuesday October 5, 2010 - 11:18:06 GMT
Forex Pros – The U.S. dollar erased gains against the yen on Tuesday, retreating from a 4-day high, amid concerns that the Federal Reserve may implement further quantitative easing in the coming More...
|
Daily GVI Forex Forex View- BoJ and RBA Surprises
global-view.com Tuesday October 5, 2010 - 10:46:54 GMT
10:00 GMT (Global-View.com) Oct 5- The BOJ and RBA have surprised the markets overnight. The BOJ unexpectedly lowered it target rate for overnight funds to 0% from 0.10% and announced a greater than expected Y5tln (USD60b) increase in quantitative ease. More...
|
Forex Market News - Canada's dollar faltered against
Reuters Monday October 4, 2010 - 21:44:16 GMT
Canada's dollar faltered against the U.S. currency on Monday with the Canadian currency getting weighed down by weak equity prices and the greenback getting a lift as the euro slid on concerns about More...
|
Daily GVI Forex Forex View- Temporary USD Respite?
global-view.com Monday October 4, 2010 - 20:38:20 GMT
20:00 GMT (Global-View.com) Oct 4- It seems the markets went on hold early Monday as the EUR fell against most of the key trading currencies. The apparent lack of market participation suggests to us that dealers have simply stepped aside and allowed the m More...
|
FOREX NEWS - Euro rally pauses, but uptrend vs dollar intact
Reuters Monday October 4, 2010 - 20:34:47 GMT
The euro on Monday fell from its highest level versus the dollar in more than six months amid renewed concerns about the financial viability of euro zone banks, prompting investors to cut overly bullish bets on the euro.
More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Monday October 4, 2010 - 20:31:20 GMT
A relatively quiet data day with Australia on holiday yesterday. Headlines were negative on Europe and for a change actually weighed on the euro. EUR/USD gave up all of Friday's gains ending just below 1.3700, down 0.8% from Friday's close. More...
|
EUR/USD Down But Not Quite Out
FX Solutions Monday October 4, 2010 - 20:19:21 GMT
EUR/USD (a 4-hour chart of which is shown) as of Monday (10/04/2010) has made a substantial bearish retracement on the heels of dramatic bullishness last week. More...
|
EUR/CHF Bearish Retracement Within Uptrend
FX Solutions Monday October 4, 2010 - 16:37:51 GMT
EUR/CHF (a 4-hour chart of which is shown) as of Monday (10/04/2010) has made a bearish retracement after about a week of generally bullish price action More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Monday October 4, 2010 - 15:48:04 GMT
The USD posted a mixed performance during the NY morning following the release of the 2011 Greek draft budget as the targeted 2011 Greek deficit-to-GDP ratio came in at 7.0% and below the planned IMF/EU suggestion of 7.6%. More...
|
GVI Forex- Data Outlook for Oct 5, 2010
global-view.com Monday October 4, 2010 - 15:01:02 GMT
Oct 4 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see Australian retail sales, trade and the RBA policy decision. A Bank of Japan policy decision is due as well. In Europe, More...
|
A One-Way Bet?
Black Swan Capital Monday October 4, 2010 - 14:45:16 GMT
The short position against the US dollar has grown to levels not seen since mid-2008. To make sure you’re up to speed, that was just before credit dried up and risk appetite was crushed. Should ... More...
|
Daily GVI Forex Forex View- Risk Off Monday?
global-view.com Monday October 4, 2010 - 09:55:04 GMT
10:00 GMT (Global-View.com) Oct 4- The risk trade is off heading into trade in North America Monday. Risk-off might or might not last. This is an active week for central bank meetings. Both the Reserve Bank of Australia and Bank of Japan will announce p More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Sunday October 3, 2010 - 23:33:30 GMT
More of the same in currency markets over the weekend, as traders reacted to the prospect of more quantitative easing from the Fed by selling the US dollar against almost everything More...
|
Aussie in the Spotlight
FX Solutions Sunday October 3, 2010 - 02:26:59 GMT
The market appears to have priced in a 25 basis point hike by the Reserve Bank of Australia when they announce their decision More...
|
Currency Strength/Weakness Meter
FX Solutions Saturday October 2, 2010 - 15:11:50 GMT
Here are the strongest and weakest major currencies for the past week (September 27 – October 1, 2010), based upon relative percentage price change against each other More...
|
Daily GVI Forex Forex View- Active Friday
global-view.com Friday October 1, 2010 - 20:13:53 GMT
17:00 GMT (Global-View.com) Oct 1- The new quarter, has gotten off to an active start. We've noticed that over the years that forex markets trade most actively when the USD is weak. Worries about the structural weaknesses of the economy persist and they a More...
|
EUR/USD Steep Bullishness Approaches Target
FX Solutions Friday October 1, 2010 - 16:00:49 GMT
EUR/USD (a daily chart of which is shown) as of Friday (10/01/2010) has closely approached its bullish target in the 1.3800 resistance price region More...
|
GVI Forex- Data Outlook for Oct 4, 2010
global-view.com Friday October 1, 2010 - 15:45:14 GMT
Oct 1 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see no major data. In Europe, the EZ mfg PMI will announce August PPI data. More...
|
FOREX NEWS- Euro hits multi-month highs; U.S. ISM eyed
Reuters Friday October 1, 2010 - 12:56:18 GMT
The euro rose broadly on Friday, hitting a six-month high against the dollar as Asian central banks were seen selling the U.S. currency for euros to rebalance their books and helped by technical triggers.
More...
|
Daily GVI Forex Forex View- EUR in Demand
global-view.com Friday October 1, 2010 - 10:04:50 GMT
10:00 GMT (Global-View.com) Oct 1- its a new quarter, but the story is the same with the EUR still in demand. There is little doubt that the U.S. administration and the Fed at the last passively, if not actively, are pursuing a weak USD policy. More...
|
Daily GVI Forex Forex View- Quiet Quarter-end
global-view.com Thursday September 30, 2010 - 20:09:50 GMT
20:00 GMT (Global-View.com) Sep 30- Well the quarter-end is now finally in the rear-view mirror. Activity slowed dramatically in the New York afternoon. It appeared early that traders were of a disposition to sell the USD Thursday, but both the weekly job More...
|
USD/CAD Waiting for Consolidation Breakout
FX Solutions Thursday September 30, 2010 - 16:06:56 GMT
USD/CAD (a 4-hour chart of which is shown) as of Thursday (9/30/2010) has been entrenched within a tight sideways consolidation between the 1.0200 and 1.0350 price regions for the past two weeks. More...
|
GVI Forex- Data Outlook for Oct 1, 2010
global-view.com Thursday September 30, 2010 - 14:53:07 GMT
Sep 30 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see Japanese CPI, household spending and unemployment on Friday. China is closed for a holiday but the official PMI and retail sales data are due. More...
|
Daily GVI Forex Forex View- Quarter-end Trading
global-view.com Thursday September 30, 2010 - 09:46:19 GMT
10:00 GMT (Global-View.com) Sep 30- It will be interesting to see if the dynamics of the markets change now that the quarter-end is at hand. There certainly had been some quarter-rend portfolio adjustments that were weighing on the USD. More...
|
Forexpros Daily Analysis - 30/09/2010
Forexpros Thursday September 30, 2010 - 09:35:26 GMT
The Euro broke the resistance specified in yesterday’s report 1.3589,only to stop on the middle if the road between this level and our suggested target of 1.3690, topping at a new 5-month high of 1.36 More...
|
Don't Look for US to Stand in Way of Weaker Dollar
Foreign Exchange Analytics Thursday September 30, 2010 - 01:48:15 GMT
While we have yet to see any member of the Obama administration including a senior Treasury official protest currency intervention by Japan to weaken the yen (buying dollars), we are confident that the US is not in the least concerned about the slidin More...
|
Daily GVI Forex Forex View- USD Still on Defensive
global-view.com Wednesday September 29, 2010 - 20:45:05 GMT
20:00 GMT (Global-View.com) Sep 29- Wednesday has been an active session on for forex trading. The EURUSD yo-yoed in a rough 1.3580 to 1.3640 range but is closing the session significantly higher. The EURUSD is still seen as the primary alternative to the More...
|
Gold Correction Overdue
FX Solutions Wednesday September 29, 2010 - 19:48:22 GMT
Gold (a daily chart of which is shown) as of Wednesday (9/29/2010) has been hitting new all-time highs almost everyday for the past two weeks. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Wednesday September 29, 2010 - 15:52:03 GMT
The euro is moving from strength to strength this week as investors spurn the dollar. With Moody's downgrade of Spain's Aaa rating likely imminent, Ireland is facing a More...
|
GVI Forex- Data Outlook for Sep 30, 2010
global-view.com Wednesday September 29, 2010 - 15:49:16 GMT
Sep 29 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see Japanese PMI, retail sales and preliminary industrial output on Thursday. In Europe, the flash estimate of EZ CPI (HICP) is due. In North America, the More...
|
GBP/USD Struggles to Target 1.6000
FX Solutions Wednesday September 29, 2010 - 15:33:53 GMT
GBP/USD (a 4-hour chart of which is shown) as of Wednesday (9/29/2010) has stalled in its bid to target 1.6000, though it could be on the potential path to do so. More...
|
Daily GVI Forex Forex View- Mixed Markets
global-view.com Wednesday September 29, 2010 - 14:19:14 GMT
10:00 GMT (Global-View.com) Sep 29- The tone of the USD is looking soft heading into North American trade today. We assume that the Obama administration is pleased with the weakness in the currency as the U.S. economy has a long history of responding posi More...
|
Forex Market"USD/CHF Trend"
IKON GROUP Wednesday September 29, 2010 - 10:05:09 GMT
Forex Market--The resistance of the forex price stayed at low point of 0.9736. Forex News from Forex Market More...
|
Forexpros Daily Analysis - 29/09/2010
Forexpros Wednesday September 29, 2010 - 09:53:35 GMT
Yesterday, we said “the Euro has 2 choices, not 3: either it breaks 1.3509, or it collapses”, and indeed the Euro did break 1.3509 and reached our first suggested target 1.3589 successfully More...
|
Morning Briefing : 29-Sep-2010 - 0346 GMT
FX Thoughts for the Day Wednesday September 29, 2010 - 03:47:53 GMT
U.S. stocks finished higher Tuesday as a drop in consumer confidence and a mixed reading on home prices failed to sink recovery hopes. More...
|
Daily GVI Forex Forex View- USD Weakens
global-view.com Tuesday September 28, 2010 - 20:14:52 GMT
20:00 GMT (Global-View.com) Sep 28- Weakness in the USD became the dominant theme in forex trade Tuesday in North America. The focus turned back to the Fed statement from a couple of weeks ago that was interpreted by analysts to signal that the central ba More...
|
AUD/USD Bullish Trend Hits Resistance
FX Solutions Tuesday September 28, 2010 - 15:19:52 GMT
AUD/USD (a 4-hour chart of which is shown) as of Tuesday (9/28/2010) has just established a new 2+ year high and bumped up against key resistance in the 0.9650 price region More...
|
GVI Forex- Data Outlook for Sep 29, 2010
global-view.com Tuesday September 28, 2010 - 15:16:49 GMT
Sep 28 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see the quarterly Bank of Japan Tankan survey Wednesday. In Europe More...
|
A few things shaking up currencies today ...
Black Swan Capital Tuesday September 28, 2010 - 14:33:32 GMT
A quick QE juxtaposition validating the yield correlation as the buck falls; looking to gold again for clues; an explanation on CAD underperformance. More...
|
Daily GVI Forex Forex View- Month-end in View
global-view.com Tuesday September 28, 2010 - 10:31:29 GMT
10:00 GMT (Global-View.com) Sep 28- Weakness in the EUR which surfaced yesterday has persisted heading into early Tuesday trade. The focus of the markets is now on the prospect of additional quantitative ease from the U.S., Japan and the U.S. as central b More...
|
Forexpros Daily Analysis - 28/09/2010
Forexpros Tuesday September 28, 2010 - 09:42:23 GMT
The Euro jumped to a new 5-month high yesterday at 1.3503, only 6 pips below the important 50% Fibonacci level for the medium term More...
|
Morning Briefing : 28-Sep-2010 - 0324 GMT
FX Thoughts for the Day Tuesday September 28, 2010 - 03:26:16 GMT
The US equities fell yesterday following concerns over the overall financial sector and the European debt crises may be far from over. More...
|
Forex Research - Monring Report (Westpac)
Westpac Institutional Bank Monday September 27, 2010 - 20:34:17 GMT
US equities couldn't rally any further, the S&P500 stuck below 1150 resistance and unchanged on the day. Positive and negative factors, respectively, included a continuation of corporate M&A activity amid an environment of cash surpluses, and Moody's down More...
|
Daily GVI Forex Forex View- EUR in Focus
global-view.com Monday September 27, 2010 - 20:10:21 GMT
20:00 GMT (Global-View.com) Sep 27- The EUR was generally listless on Monday in an otherwise dull session. Questions were raised early about the unit, which was being weighed down by a number of items including worries about a couple of German banks, ques More...
|
USD/JPY Stagnates as Markets Wait-and-See
FX Solutions Monday September 27, 2010 - 19:49:44 GMT
USD/JPY (a 4-hour chart of which is shown) as of Monday (9/27/2010) has stagnated as the markets take a wait-and-see attitude towards the directional fate of the Japanese yen. More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Monday September 27, 2010 - 16:11:07 GMT
FX markets have been quiet during New York trading, with major crosses by and large sustaining earlier levels. Note that Moody's downgrade of Anglo Irish bank's unsecured senior bonds has had little impact on EUR/USD More...
|
EUR/USD Consolidates Gains in Steep Uptrend
FX Solutions Monday September 27, 2010 - 15:45:37 GMT
EUR/USD (a daily chart of which is shown) as of Monday (9/27/2010) has consolidated its substantial gains of last week by trading in a relatively tight range above the 1.3400 More...
|
A Disconnect Between News and Price Action.
Black Swan Capital Monday September 27, 2010 - 14:21:25 GMT
Surprisingly strong price action relative to the news for the euro. There’s been some recent news that’s not having the impact it once did, despite the economic picture it is painting. Perhaps a ... More...
|
Daily GVI Forex Forex View- Typical Tentative Monday
global-view.com Monday September 27, 2010 - 11:19:39 GMT
10:00 GMT (Global-View.com) Sep 27- There is not much to focus on today with no major data due. The Eur is being weighed down by a number of items including worries about a couple of German banks, questions about the long-term viability of the currency un More...
|
Forex Market"Focus Point in Forex Market"
IKON GROUP Monday September 27, 2010 - 09:28:43 GMT
Forex Market--However, there is also analysis that any news on the Ireland debt rebuilding is the key factor to decide the appetite in forex market in the further. Forex News from Forex Market More...
|
Forexpros Daily Analysis - 27/09/2010
Forexpros Monday September 27, 2010 - 09:11:01 GMT
The Euro topped at a 5-month high on Friday, hitting a high of 1.3497, just pips before the important Fibonacci level for the medium term More...
|
BOJ and the Yen Dilemma
FX Solutions Monday September 27, 2010 - 01:52:57 GMT
Anecdotal evidence and common sense, given that Japan is an export driven economy, suggest that the Yen’s strength has to be severely damaging the Japanese economy. More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Sunday September 26, 2010 - 21:18:43 GMT
Risk appetite was much stronger on Friday night after positive surprises from data in Europe and the US. Germany's IFO gave the EUR a boost, while US durable goods order (ex-transport) pushed global equities higher. More...
|
Pushing on a String (Mauldin)
Thoughts from the Frontline Sunday September 26, 2010 - 11:20:55 GMT
This week the Fed altered their end-of-meeting statement by just a few words, but those words have a lot of meaning. It seems they are paving the way to a new round of quantitative easing (QE2), if in their opinion the situation warrants it. A trillion do More...
|
Currency Strength/Weakness Meter
FX Solutions Sunday September 26, 2010 - 00:47:48 GMT
Here are the strongest and weakest major currencies for the past week (September 20-24, 2010), based upon relative percentage price change against each other More...
|
FOREX News -German data boosts euro, dollar down broadly
Reuters Friday September 24, 2010 - 23:44:57 GMT
The dollar fell against a basket of currencies on Friday to its lowest level since February as stronger-than-expected data in Europe and a drop in U.S. durable goods orders hurt demand for the greenback.
More...
|
EUR and JPY Outlook
FX Solutions Friday September 24, 2010 - 23:28:44 GMT
The euro showed marked strength against most of the major currencies for much of this past week. Euro strength has been especially pronounced against the U.S. dollar More...
|
Daily GVI Forex Forex View- Japan Intervention
global-view.com Friday September 24, 2010 - 20:12:16 GMT
17:00 GMT (Global-View.com) Sep 24- The whole world was set up for BOJ intervention on Friday, and as a result it failed. Intervention works best when it surprises the markets, but traders had been waiting for an appearance by Japan after the Thursday mee More...
|
GVI Forex- Data Outlook for Sep 27, 2010
global-view.com Friday September 24, 2010 - 15:29:50 GMT
Sep 24 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see Japanese trade data on Monday. In Europe, E-Z money supply is scheduled More...
|
Daily GVI Forex Forex View- Japan intervenes?
global-view.com Friday September 24, 2010 - 10:23:52 GMT
10:00 GMT (Global-View.com) Sep 24- The whole world had been set up for BOJ intervention today and it appears that they might have been in using new tactics. This time they reportedly came in through Japanese banks. Their activity was never officially con More...
|
Morning Briefing : 24-Sep-2010 - 0350 GMT
FX Thoughts for the Day Friday September 24, 2010 - 03:53:39 GMT
The US Equities closed down following higher jobless claims, renewed trouble in Europe and shrinking of Ireland's economy by 1.2% yesterday. More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Thursday September 23, 2010 - 20:43:15 GMT
Risk aversion crept back. US equities are lower (S&P500 -0.9% currently) after fluctuating on European and US data. Weak European PMI and Irish GDP reports grabbed the early attention and pushed equities 1.5% lower before the firmer US home sales and lead More...
|
Daily GVI Forex Forex View- Weak U.S. Data
global-view.com Thursday September 23, 2010 - 20:22:30 GMT
20:00 GMT (Global-View.com) Sep 23- Thursday was an eventful session. The focus of trade has changed since the FOMC policy statement on Tuesday. The Fed opened the door to another round of quantitative ease (QE2) should the economy not improve. As a resul More...
|
AUD/USD Corrects Within Steep Uptrend
FX Solutions Thursday September 23, 2010 - 16:06:35 GMT
AUD/USD (a 4-hour chart of which is shown) as of Thursday (9/23/2010) has made a bearish correction back down to support in the 0.9465 price region More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Thursday September 23, 2010 - 15:34:25 GMT
The weak European August PMI data benefitted the greenback in FX trading this morning. After popping above the 1.34 level during trading on Wednesday, EUR/USD headed back toward 1.3300 in today's European trading. More...
|
Forexpros Daily Analysis - 23/09/2010
Forexpros Thursday September 23, 2010 - 11:07:26 GMT
The Euro broke the resistance specified in yesterday’s reports 1.3332, and reached our suggested target of 1.3414 with complete success More...
|
Heikin-Ashi Charts in Forex Trading
FX Solutions Thursday September 23, 2010 - 03:39:03 GMT
Heikin Ashi charting, as shown on the accompanying EUR/USD chart (daily timeframe), is a Japanese charting technique More...
|
Daily GVI Forex Forex View- Adjusting to Fed
global-view.com Wednesday September 22, 2010 - 20:22:15 GMT
20:00 GMT (Global-View.com) Sep 22- On Wednesday forex traders had to pick up the pieces following the FOMC policy statement on Tuesday. While the central bank did not ease policy, it opened the door to future quantitative ease (QE2) if the economy does n More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Wednesday September 22, 2010 - 20:17:01 GMT
Residual FOMC effects supported US treasuries but little else. US equities drifted modestly lower from the Asian session yesterday and are currently around 0.4% lower (S&P500). More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Wednesday September 22, 2010 - 15:57:23 GMT
The dollar weakened considerably in the early New York session as fallout from the FOMC decision continued this morning, with widespread chatter pointing the finger at selling by Asian names, possibly a sovereign wealth fund. More...
|
GVI Forex- Data Outlook for Sep 23, 2010
global-view.com Wednesday September 22, 2010 - 14:43:34 GMT
Sep 22 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see a Japanese holiday. In Europe, EZ flash PMI data for September will be released. In North America, the U.S. will see weekly jobless claims, More...
|
Forex Blog - No Japan Yen Sales Ahead of Obama-Kan Meeting Thursday (FXA)
Trade the News Staff Wednesday September 22, 2010 - 14:17:26 GMT
With Prime Minister Kan on record stating he hopes to impart a better understanding of Japan’s currency policy in a sidebar meeting in Manhattan around the UN annual General Assembly meeting, we think the risk of Japan intervention is virtually zero reg More...
|
FX Thoughts for the day - 22-Sep-10
FX Thoughts for the Day Wednesday September 22, 2010 - 13:37:23 GMT
Dollar-Swiss fell in the Europeann session today to record a low of 0.9973. The pair has some strong trendline Support on the monthly charts near 0.9850 which may hold followed by some... More...
|
Fed Locked and Loaded on QE2
Foreign Exchange Analytics Wednesday September 22, 2010 - 12:39:33 GMT
FOMC statement, I believe, was an unabashed rationale for more quantitative easing top to bottom. It couched its economic assessment in terms of its dual mandates – full employment and price stability – and then proceeded to downgrade assessments (up More...
|
Daily GVI Forex Forex View- FX Markets Opening Up
global-view.com Wednesday September 22, 2010 - 09:56:42 GMT
10:00 GMT (Global-View.com) Sep 22- It might have not been the intention of the FOMC, but its policy decision Tuesday appears to have reopened the forex markets. Dealers immediately saw the prospect of an easier monetary policy as a USD negative. On the More...
|
Forexpros Daily Analysis - 22/09/2010
Forexpros Wednesday September 22, 2010 - 09:42:38 GMT
The Euro broke the resistance specified in yesterday’s reports 1.3118, after two days of trying, and successfully reached both targets 1.3194 & 1.3306 with accuracy as well More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Tuesday September 21, 2010 - 20:53:38 GMT
US central bank ready to do more. The US dollar was sold and US treasury bonds bought after the FOMC policy statement said it was ready to provide additional accommodation (such as quantitative easing) if needed More...
|
USD/CAD Triple Bottoms at Key Support
FX Solutions Tuesday September 21, 2010 - 20:50:24 GMT
USD/CAD (a 4-hour chart of which is shown) as of Tuesday (9/21/2010) has been halted in its bearishness once again in the 1.0215 price region, a key support level that has been tested and respected More...
|
Daily GVI Forex Forex View- FOMC Market-Mover
global-view.com Tuesday September 21, 2010 - 20:38:01 GMT
20:00 GMT (Global-View.com) Sep 21- No surprises from the Fed today, as we were expecting, they downgraded their economic outlook and reaffirmed that rates would be maintained at exceptionally low levels for an extended time period. Some feel the central More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday September 21, 2010 - 15:21:46 GMT
The euro is benefitting from a round of decent peripheral Euro Zone debt auctions seen before the US session. The auctions were not problem free More...
|
USD/JPY Respects Resistance Confluence
FX Solutions Tuesday September 21, 2010 - 14:56:37 GMT
USD/JPY (a 4-hour chart of which is shown) as of Tuesday (9/21/2010) has, for the time being, respected the confluence of resistance More...
|
GVI Forex- Data Outlook for Sep 22, 2010
global-view.com Tuesday September 21, 2010 - 14:40:46 GMT
Sep 21 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see no major data. China will be closed for a holiday. In Europe, EZ new industrial orders and Belgian leading indicators are due. In North America More...
|
Daily GVI Forex Forex View- Fed To Be Market-Mover?
global-view.com Tuesday September 21, 2010 - 10:33:29 GMT
10:00 GMT (Global-View.com) Sep 21- The focus early Tuesday is on the outcome of the FOMC meeting later today. For once the FOMC is back to a one-day meeting. A shift back to more frequent one-day sessions would be seen as a move back to some sort of norm More...
|
Forexpros Daily Analysis - 21/09/2010
Forexpros Tuesday September 21, 2010 - 10:09:35 GMT
Stunningly, the Euro stopped exactly & down to the pip at our suggested resistance in yesterday’s report 1.3118, to confirm the importance of this level More...
|
Morning Briefing : 21-Sep-2010 - 0342 GMT
FX Thoughts for the Day Tuesday September 21, 2010 - 03:45:10 GMT
The US Equities continued their rally yesterday on expectations of some positive action by the Fed in their meeting due later today. More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Monday September 20, 2010 - 20:27:28 GMT
US equities broke higher on little news. The S&P500 is currently up 1.6%, investors taking more notice of a positive earnings surprise from Lennar Corporation (third largest US homebuilder) than a downbeat homebuilders confidence report to send the homebu More...
|
Daily GVI Forex Forex View- Range-Trading Session
global-view.com Monday September 20, 2010 - 20:08:24 GMT
20:00 GMT (Global-View.com) Sep 20- Forex trade this week got off to a sluggish start due in part to Japanese markets having been closed for Respect for the Aged Day. Worry about the risk of another round of large scale intervention by the Bank of Japan More...
|
AUD/USD Bullishness Hits New 2-Year High
FX Solutions Monday September 20, 2010 - 16:45:35 GMT
AUD/USD (a 4-hour chart of which is shown) as of Monday (9/20/2010) has continued its bullish stance this week to breakout tentatively above last week’s 0.9467 high, establishing yet a new 2+ year More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Monday September 20, 2010 - 15:21:28 GMT
Currency trading has been relatively subdued in the European and early New York sessions as dealers await tomorrow's FOMC decision as well as debt auctions in Greece, Spain, Ireland and Hungary. More...
|
Central Bank Event Risk
FX Solutions Monday September 20, 2010 - 14:38:01 GMT
The greenback was squarely on the defensive last week until reports that Ireland is at risk of a default led to a bout of risk aversion on Friday More...
|
Forexpros Daily Analysis - 20/09/2010
Forexpros Monday September 20, 2010 - 10:17:04 GMT
Although the Euro penetrated 1.3047 on Thursday, and jumped strongly, reaching the first suggested target 1.3145, it stopped there, and dropped from Friday high which was 1.3157, sharply More...
|
Daily GVI Forex Forex View- Sluggish Trade
global-view.com Monday September 20, 2010 - 10:08:35 GMT
10:00 GMT (Global-View.com) Sep 20- Forex trade early Monday is off to a sluggish start with Japanese markets having been closed today for the Respect for the Aged Day holiday. Worry about the risk of another round of large scale intervention by the Bank More...
|
Forex Market"AUD/USD Trend"
IKON GROUP Monday September 20, 2010 - 09:15:06 GMT
Forex Market-In the afternoon session of forex market, it is indicated that short-term AUD will be influenced by the stock market performance.Forex News from Forex Market More...
|
Forex Blog - How do you trade an intervention market?
Global-View.com Sunday September 19, 2010 - 10:14:05 GMT
I don’t know about you but I care about my financial health and am not willing to stand in front of a Japanese bullet train as it comes barreling down the tracks. The speeding train was the BoJ More...
|
Currency Strength/Weakness Meter
FX Solutions Saturday September 18, 2010 - 16:12:03 GMT
Here are the strongest and weakest major currencies for the past week (September 13-17, 2010), based upon relative percentage price change More...
|
Daily GVI Forex Forex View- Risk Trade Dissipates
global-view.com Friday September 17, 2010 - 20:19:42 GMT
18:00 GMT (Global-View.com) Sep 17- Markets have been thin and choppy recently as many have reduced exposures as they adjust to the new realities of the world in light of the recent intervention activities of the Bank of Japan. More...
|
GBP/JPY Downtrend, Double-Bottom, then Channel Top
FX Solutions Friday September 17, 2010 - 16:02:13 GMT
GBP/JPY (a daily chart of which is shown) as of Friday (9/17/2010) has retraced back up to the top resistance border of a key parallel downtrend channel extending back to the 2009 high More...
|
FX Briefing - BoJ climbs into the ring
BHF-Bank Friday September 17, 2010 - 15:44:37 GMT
The slightly more positive assessment of the global economic outlook still prevails and is helping to strengthen the euro. The upbeat mood was reinforced by More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Friday September 17, 2010 - 15:33:07 GMT
Overnight risk appetite from strong equity gains in the Asia session weakened the greenback ahead of the US premarket session this morning, with EUR/USD rising steadily from just above the key 1.30 level up to an overnight high just shy of 1.3160. But More...
|
GVI Forex- Data Outlook for Sep 20, 2010
global-view.com Friday September 17, 2010 - 14:27:34 GMT
Sep 17 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see a Japanese holiday. In Europe, no key data are due. In North America, the U.S. will see the NAHB house builders index. More...
|
Daily GVI Forex Forex View- Risk Trade on Today
global-view.com Friday September 17, 2010 - 09:32:55 GMT
10:00 GMT (Global-View.com) Sep 17- Today the risk trade looks to be back on with equities, commodities and the commodity currencies higher. However the risk-on, risk-off trades have not been lasting very long recently. More...
|
Daily GVI Forex Forex View- BOJ Not Finished
global-view.com Thursday September 16, 2010 - 21:33:48 GMT
20:00 GMT (Global-View.com) Sep 16- The Bank of Japan has remained in center-stage, and don't start to assume they are done by now. The game for traders now is to try to figure out how to work around BOJ forex intervention. More...
|
Forex Research - Morning Report (Westpac)
Reuters Thursday September 16, 2010 - 21:25:10 GMT
Markets were fairly contained. US equities closed unchanged after spending much of the session modestly in the red. Fed-ex, the world's largest cargo carrier, disappointed analysts with its earnings forecast More...
|
FOREX-Yen falls against the dollar; euro climbs
Reuters Thursday September 16, 2010 - 20:37:37 GMT
The yen fell against the U.S. dollar on Thursday with the Bank of Japan silent after massive yen-selling in the prior session and investors reluctant to place bets in case the central bank begins new sales to weaken the currency.
More...
|
EUR/USD Broadens to the Upside
FX Solutions Thursday September 16, 2010 - 20:09:55 GMT
EUR/USD (a 4-hour chart of which is shown) as of Thursday (9/16/2010) has extended its bullishness to continue a rough broadening formation that has hit and stalled right around key 1.3100 More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Thursday September 16, 2010 - 15:42:41 GMT
There has apparently been no further Japanese intervention in FX markets since yesterday morning. USD/JPY remains comfortably above the key 85 level, trading around 85.65 in the US session. More...
|
GVI Forex- Data Outlook for Sep 17, 2010
global-view.com Thursday September 16, 2010 - 15:37:42 GMT
Sep 16 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see no key data on Friday. In Europe, EZ current account data and net investment flows are awaited. In North America, the U.S. will see CPI data and the University of Michigan Sentiment More...
|
FOREX NEWS - Dlr/yen steadies; Spanish auction lifts euro
Reuters Thursday September 16, 2010 - 11:59:52 GMT
The yen steadied against the dollar on Thursday as Japanese authorities backed away from the currency market after their massive yen-selling operation the previous day, but wariness of fresh selling remained.
More...
|
Daily GVI Forex Forex View- Next BOJ Foray Awaited
global-view.com Thursday September 16, 2010 - 10:00:01 GMT
10:00 GMT (Global-View.com) Sep 16- Today should be another very active session for forex trading as the markets still try to figure out how to work around BOJ forex intervention. BOJ intervention yesterday is estimated to have been on a scale of about Y2 More...
|
Daily GVI Forex Forex View- Intervention Aftermath
global-view.com Wednesday September 15, 2010 - 20:29:47 GMT
20:00 GMT (Global-View.com) Sep 15- Forex markets spend the session Wednesday digesting BOJ forex intervention in the USDJPY. One school of thought is that it was the JPY against vs. the CNY that triggered intervention. Japan is highly sensitive to the co More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Wednesday September 15, 2010 - 20:20:59 GMT
US equities are currently up 0.3% after falling into the red around the weak NY Fed manufacturing survey, reports of corporate activity later offering support. The market is closely watching the S&P500's pivotal 1130 level More...
|
AUD/JPY Strong Triangle Breakout
FX Solutions Wednesday September 15, 2010 - 18:30:31 GMT
AUD/JPY (a daily chart of which is shown) as of Wednesday (9/15/2010) has broken out strongly above a large, well-formed triangle pattern that has characterized this pair’s consolidation since May More...
|
GVI Forex- Data Outlook for Sep 16, 2010
global-view.com Wednesday September 15, 2010 - 15:24:04 GMT
Sep 15 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see a policy decision by the Reserve Bank of New Zealand. No rate changes are expected. In Europe, U.K. retail sales are awaited along with EZ trade data More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Wednesday September 15, 2010 - 15:20:29 GMT
Japan's intervention is preoccupying FX markets this morning. USD/JPY remains above the BoJ's key 85 level in US session trading, up from 82.90 seen just before intervention began. More...
|
Japan's Unwelcomed Intervention Action (FXA)
Foreign Exchange Analytics Wednesday September 15, 2010 - 14:10:29 GMT
Currency intervention by Japan is always the lowest common denominator for policymakers especially elected ones (BOJ is an agent of MOF and has little say over currency intervention, though lots of say over whether to sterilize it). More...
|
FX Thoughts for the day : 15-Sep-2010 - 1230 GMT
FX Thoughts for the Day Wednesday September 15, 2010 - 12:30:39 GMT
Uncertainty prevails in the short-term. Dollar-Swiss touched a low of 0.9932 in the US session yesterday and has been trading in a small range of 1.0000-50 in the Asian and the European session today. More...
|
Forex Blog - JPY Intervention Primer
Global-View.com Wednesday September 15, 2010 - 11:42:06 GMT
I posted this on GVI Forex and it should act as an intervention primer as the MOF relents and authorizes the BOJ to intervene. Once it goes this route there is no turning back More...
|
Daily GVI Forex Forex View- BOJ Intervention
global-view.com Wednesday September 15, 2010 - 11:00:36 GMT
10:00 GMT (Global-View.com) Sep 15- The Bank of Japan surprised the markets early today by initiating a round of heavy intervention in the USD which apparently was unsterilized. There are market reports that they have remained in the markets during Europe More...
|
FOREX NEWS - Dollar soars, yen falls as Japan intervenes
Reuters Wednesday September 15, 2010 - 11:00:08 GMT
The dollar jumped more than two yen from a 15-year low after Japan intervened to sell yen for the first time in six years, but with key chart levels yet to break, traders were sceptical the impact would be sustained.
More...
|
Forexpros Daily Analysis - 15/09/2010
Forexpros Wednesday September 15, 2010 - 10:28:00 GMT
The Euro jumped strongly yesterday, even though it initially broke the support specified in yesterday’s report. We broke the important level specified in yesterday’s report 1.2920, and successfully More...
|
USD/CHF Targets Lower Lows
FX Solutions Tuesday September 14, 2010 - 21:07:42 GMT
USD/CHF (a daily chart of which is shown) as of Tuesday (9/14/2010) has approached key support just above 0.9900 on a substantially bearish day that saw price break swiftly down below More...
|
Daily GVI Forex Forex View- Difficult Trading
global-view.com Tuesday September 14, 2010 - 20:21:07 GMT
20:00 GMT (Global-View.com) Sep 14 - It was quite a day Tuesday in NYC, where it seemed the markets were looking for a rangy risk-off day and were surprised when the USD fell through the bottom of its ranges against major currencies. More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Tuesday September 14, 2010 - 20:19:25 GMT
Asset classes diverge on Fed rumours. Various analyst reports (some a day old) gained traction suggesting the Fed could signal a fresh round of significant quantitative easing as early as next week's FOMC meeting, More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday September 14, 2010 - 15:31:14 GMT
US equity futures were a bit soft before the NY open in the wake of Germany's mixed ZEW investor confidence and Euro Zone industrial production data. US retail sales rose in August for the second consecutive month More...
|
AUD/USD Establishes 2-Year High
FX Solutions Tuesday September 14, 2010 - 15:22:15 GMT
AUD/USD (a 4-hour chart of which is shown) as of Tuesday (9/14/2010) has reached very important resistance around the 0.9400 price region More...
|
GVI Forex- Data Outlook for Sep 15, 2010
global-view.com Tuesday September 14, 2010 - 15:04:20 GMT
Sep 14 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see no major data Tuesday. In Europe, U.K. employment, Swiss ZEW sentiment, and EZ HICP. In North America, the U.S. will see weekly mortgage statistics More...
|
Daily GVI Forex Forex View- Far East Sets the Tone
global-view.com Tuesday September 14, 2010 - 09:53:35 GMT
10:00 GMT (Global-View.com) Sep 14 - PM Kan has surprisingly fairly easily won the internal DPJ Party vote to fend off a challenge by party kingmaker Ozawa. This gives Kan a strong mandate. Both candidates had been expressing intervention forex threats, o More...
|
Forexpros Daily Analysis - 14/09/2010
Forexpros Tuesday September 14, 2010 - 09:44:37 GMT
The Euro jumped after the market’s open and continued a bounce it started on Friday, going back above 1.28 in the morning, and hitting 1.2890 in New York More...
|
Morning Briefing : 14-Sep-2010 - 0345GMT
FX Thoughts for the Day Tuesday September 14, 2010 - 03:48:28 GMT
The US Equities continued their upmove yesterday following 'comfortable' Basel III norms and renewed signs of economic stabalisation. More...
|
Daily GVI Forex Forex View- Mostly a Risk on Day
global-view.com Monday September 13, 2010 - 20:37:34 GMT
20:00 GMT (Global-View.com) Sep 13 - Markets traded a risk-on scenario heading into N.Y. trading based on a Basel III outcome that proved not to be as onerous as feared for the banking system as feared. Nevertheless, those feeling that regulators will som More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Monday September 13, 2010 - 20:21:12 GMT
US equities continued a two-week rally, catching up to the weekend's good China data as well as the more gradual phase in of Basel III capital requirements for banks. More...
|
USD/CAD Extends Downtrend Bearishness
FX Solutions Monday September 13, 2010 - 15:48:11 GMT
USD/CAD (a 4-hour chart of which is shown) as of Monday (9/13/2010) has continued its bearishness within the short-term downtrend extending back to the end-of-August resistance high More...
|
Forex Blog - Risk On, Risk Off: Bi-Polar FX Trading
Global-View.com Monday September 13, 2010 - 15:43:46 GMT
Is anyone else getting tired of the risk on, risk off trade? I am sometimes amazed how the forex market continues to get whipped by fickle turns in risk sentiment but maintain the risk correlations. More...
|
GVI Forex- Data Outlook for Sep 14, 2010
global-view.com Monday September 13, 2010 - 15:26:36 GMT
Sep 13 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see no major data Tuesday. In Europe, U.K. inflation data and the German volatile ZEW survey are due More...
|
Fo0rex Blog - US Market Update (TTN)
Trade the News Staff Monday September 13, 2010 - 15:17:49 GMT
In currency trading, the risk on atmosphere is hitting the greenback. EUR/USD after rising considerably during the European session, the euro continues to gain, with EUR/USD approaching one-week highs above 1.2860. More...
|
FOREX NEWS - New bank rules, China data lift euro
Reuters Monday September 13, 2010 - 10:42:29 GMT
LONDON, Sept 13 (Reuters) - The euro rose 1 percent against the dollar on Monday as relief at new global banking regulations and upbeat Chinese data lifted investor appetite for currencies seen as higher-risk.
More...
|
Daily GVI Forex Forex View- Risk On?
global-view.com Monday September 13, 2010 - 10:01:29 GMT
10:00 GMT (Global-View.com) Sep 13 - At this hour it appears that the markets are trying out a "risk on" scenario. The commodity currencies (AUD, CAD and NZD) are stronger, equities are up are up and fixed income prices are lower. The markets seem to be r More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Sunday September 12, 2010 - 22:12:00 GMT
US equities firmed from the Asian session onwards, although there was little news to guide the market. The overall impression was US double-dip concerns had receded, although More...
|
The Last Half (Mauldin)
Thoughts from the Frontline Sunday September 12, 2010 - 10:10:43 GMT
There are a number of economic forces in play in today's world, not all of them working in the same direction, which makes choosing policies particularly difficult. Today we finish what we started last week, the last half of the last chapter I have to wri More...
|
Daily GVI Forex Forex View- Mixed Developments
global-view.com Friday September 10, 2010 - 20:23:57 GMT
17:00 GMT (Global-View.com) Sep 10 - Friday has turned out to be a cautious pre-weekend as expected. Trade in the lead EURUSD only loosely followed the ups and downs of the S&P. There were rumors at one point that the SNB might have been active in the EUR More...
|
A Friday Ramble of Doom
Black Swan Capital Friday September 10, 2010 - 17:26:42 GMT
Japan ran right on the Fisher plan. And with a couple of years of hindsight, the US is doing a pretty good imitation of its friend from the east ...
So far, the world's defacto central bank ... More...
|
GVI Forex- Data Outlook for Sep 13, 2010
global-view.com Friday September 10, 2010 - 16:25:42 GMT
Sep 10 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see no major data. In Europe, E-Z industrial output data are due. In North America, no major data will be released. More...
|
FOREX NEWS - Dollar's bounce runs out of steam, euro gains
Reuters Friday September 10, 2010 - 10:35:21 GMT
The dollar gave up most of its gains versus the yen on Friday, heading towards 15-year lows and keeping intervention prospects alive, while the euro rallied against the Swiss franc as investors sold safe-haven currencies. More...
|
Daily GVI Forex Forex View- No Big Ideas
global-view.com Thursday September 9, 2010 - 20:30:41 GMT
20:00 GMT (Global-View.com) Sep 9 - Forex markets are in a scalping frame of mind following the too frequent shifts in sentiment recently. The markets did an about turn early in the day yesterday. Wise traders are becoming increasingly reluctant to jump o More...
|
USD/CAD Drops to Key Support
FX Solutions Thursday September 9, 2010 - 16:02:58 GMT
USD/CAD (a 4-hour chart of which is shown) as of Thursday (9/09/2010) has dropped down to hit key support in the 1.0300 price region on continued bearishness off a swift drop from the 1.0500 area More...
|
GVI Forex- Data Outlook for Sep 10, 2010
global-view.com Thursday September 9, 2010 - 15:22:32 GMT
Sep 9 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will Corporate Goods Prices (Wholesale Prices) from Japan. Also GDP revisions and GDP revisions are due. More...
|
A Trade Balance Quickie: UK and Canada
Black Swan Capital Thursday September 9, 2010 - 13:45:48 GMT
Juxtaposition: the differences in a trade deficit in the UK and a trade deficit Canada are highlighted by the actions (and inaction) of their respective central banks. An opportunity to jump on ... More...
|
Forexpros Daily Analysis - 09/09/2010
Forexpros Thursday September 9, 2010 - 09:40:48 GMT
The Euro’s rise stopped yesterday 7 pips before the level we recommended selling at. We saw this pair topping at 1.2761, before diving below 1.27 once again. More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Wednesday September 8, 2010 - 21:40:13 GMT
Risk appetite returned as European concerns receded. The S&P500 is currently up 0.8%, having turned upwards at the European open. There was little news to drive the reversal of the previous day's decline, although some pointed to More...
|
Daily GVI Forex Forex View- Turnaround Day
global-view.com Wednesday September 8, 2010 - 20:36:48 GMT
20:00 GMT (Global-View.com) Sep 8 - Wednesday saw a sudden turnaround in fortunes in the EUR after Portugal held a successful auction today. The news saw sovereign debt worries in the Euro-zone abate for the day. There is no way that debt worries will not More...
|
AUD/USD Reaches Up Towards Key Resistance
FX Solutions Wednesday September 8, 2010 - 18:21:42 GMT
AUD/USD (a 4-hour chart of which is shown) as of Wednesday (9/08/2010) has resumed its bullish stance, after a bearish pullback, to approach the last major resistance high around 0.9220 More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Wednesday September 8, 2010 - 15:42:36 GMT
In currency trading, EUR/CHF moved over 100 pips off all-time lows around 1.2763 to approach 1.29 handle New York trading. More...
|
GVI Forex- Data Outlook for Sep 9, 2010
global-view.com Wednesday September 8, 2010 - 15:11:24 GMT
Sep 8 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see key Australian jobs data on Thursday. In Europe, the latest Bank of England policy decision is due. No rate change is expected. In North America More...
|
Gold is telling us something ... as usual.
Black Swan Capital Wednesday September 8, 2010 - 14:05:47 GMT
The safe havens—gold, Swiss franc, and US dollar—are suggesting another crisis is building within the eurozone. We continue to watch yield spreads in Europe—higher again today. But, much is fluid... More...
|
FOREX NEWS - Yen tests Japanese resolve, Swiss franc buoyant
Reuters Wednesday September 8, 2010 - 10:41:28 GMT
The yen struck a fresh 15-year high against the dollar and the Swiss franc hit an all-time peak versus the euro on Wednesday as a flare-up in worries over euro zone banks and sovereign debt led investors into safe havens.
More...
|
Daily GVI Forex Forex View- EUR and JPY in Focus
global-view.com Wednesday September 8, 2010 - 09:56:28 GMT
10:00 GMT (Global-View.com) Sep 8, 2010 The EUR and JPY continue to compete with one another for the spotlight in forex trade. Many are still worried about the state of finances of the Eurozone. German PM Merkel today made it clear that Germany does not More...
|
Forexpros Daily Analysis - 08/09/2010
Forexpros Wednesday September 8, 2010 - 09:54:46 GMT
The Euro fell heavily during yesterday’s Asian session, then it resumed the drop during the European session. After stopping just below the enormous resistance we talked about in Monday’s report 1.292 More...
|
Forex Research - Morning Report (Westpac)
Westpac Institutional Bank Tuesday September 7, 2010 - 21:08:44 GMT
Stress from Europe. US equity investors returned from their holiday ina defensive mood as concerns resurfaced over the robustness of the European banking sectors More...
|
USD/JPY New Low Continues Downtrend
FX Solutions Tuesday September 7, 2010 - 19:54:26 GMT
USD/JPY (a 4-hour chart of which is shown) as of Tuesday (9/07/2010) has established yet a new 15-year low, although only slightly below the last long-term low around 83.58 established just two weeks More...
|
Forex Blog - US Market Update (TTN)
Trade the News Staff Tuesday September 7, 2010 - 15:40:24 GMT
Renewed concern that Europe's debt crisis will worsen again galvanized weakening investor sentiment into the NY morning across a variety of asset classes. More...
|
GVI Forex- Data Outlook for Sep 8, 2010
global-view.com Tuesday September 7, 2010 - 14:32:13 GMT
Sep 7 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see Japanese current Account and Machinery Orders on Wednesday. In Europe, German trade and industrial output are due. From the U.K., industrial and manufacturing output is due. Trade fig More...
|
The risk to mere consolidation: euro
Black Swan Capital Tuesday September 7, 2010 - 14:10:24 GMT
The word of the day is “systemic-ness.” As in: the Eurozone banking system’s systemic-ness is huge ... and has the potential to create a fresh sell-off in risk appetite for all markets just as ... More...
|
Forexpros Daily Analysis - 07/09/2010
Forexpros Tuesday September 7, 2010 - 10:22:40 GMT
We wondered in yesterday’s report, if the Dollar was able to survive after reaching critical levels at 1.2920 for the EURUSD, and 1.5490 for the GBPUSD. The answer to our wondering was “Yes we can” More...
|
Forexpros Daily Analysis - 06/09/2010
Forexpros Monday September 6, 2010 - 11:52:25 GMT
The Euro benefited from the US jobs report to approach 1.29 on Friday, and penetrated it after the market opened again last night. More...
|
Forex MT4“Forex control”
IKON GROUP Monday September 6, 2010 - 11:16:01 GMT
Forex MT4"The forex control system refers to that the nation carries out direct control to numbers of forex converting. " More...
|
RSI as a Forex Trend Indicator
FX Solutions Saturday September 4, 2010 - 14:31:59 GMT
Many forex traders think of the Relative Strength Index (RSI) as just a simple chart oscillator that gives momentum readings More...
|
Currency Strength/Weakness Meter
FX Solutions Saturday September 4, 2010 - 02:02:53 GMT
Here are the strongest and weakest major currencies for the past week (August 30 – September 03, 2010), based upon relative percentage price change against each other More...
|
Daily GVI Forex Forex View- Mixed Economic Data
global-view.com Friday September 3, 2010 - 20:13:42 GMT
17:00 GMT (Global-View.com) Sep 3, 2010 The August U.S. non-farm payroll data surprised the markets with a decline in headline number of -54K when a fall of -100K had been expected. The focus of most traders was on private sector jobs, which grew by 67K More...
|
FX Briefing - More Growth
BHF-Bank Friday September 3, 2010 - 14:30:59 GMT
The forex market remained relatively calm this week. Whereas EUR-USD rose to over 1.28, the European single currency fell slightly against the Swedish krona, the Swiss franc and the yen, and also versus “commodity currencies” such as NOK, AUD, BRL and More...
|
Betting on black ...
Black Swan Capital Friday September 3, 2010 - 12:09:02 GMT
There’s likely to be an obvious risk-on or risk-off tone following the report; we’re leaning towards the former. But we think the technical picture will be key if today’s price action ... More...
|
Daily GVI Forex Forex View- Mixed U.S. Jobs Forecasts
global-view.com Friday September 3, 2010 - 10:02:40 GMT
10:00 GMT (Global-View.com) Sep 3, 2010 The focus of trade into the long North American weekend is the release of August U.S. non-farm payroll data. Street expectations center around a headline figure of a loss of about -100K jobs in the month. More...
|
|
RSS News Feed