Forex News Blog
Back to The Headlines
Tuesday December 16, 2008 - 10:43:47 GMT
Share This Story
Global-View - www.global-view.com
FX Blog- GVI Forex Analysis: Pre-Far New York Open for December 16, 2008
Pre-New York Open
- The U.S. will see a slew of data on the open of trade today (13:30 GMT). CPI data will be watched as concern about DE-flation is a growing concern. Economists say that there are known monetary policy cures for inflation but that deflation can be difficult to combat. Housing data will be watched as well, because any broad recovery would require a recovery of the housing sector.
- End of year trade continues to see the USD vulnerable against the European currencies. USD weakness is often expected as a seasonal pattern by traders. The USD has mostly recovered today. Gold and oil are mixed.
- Dealers are expecting a Fed policy easing later today of -50bp to -75bp. More important might be the tone of the policy statement.
- Far Eastern bourses closed easier. European bourses are now higher. The current call for the U.S. open is for firmer. U.S. Bond prices are stronger. The recent close correlation between forex and equities seems to have broken down.
See the GVI calendar for an updated schedule of data releases in the two weeks ahead.
Forex Trading News
Daily Forex Market News
Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."
Actionable trading levels delivered to YOUR charts in real-time.
Register To Test Your Amazing Trader
GVI Trading. Potential Price Risk Scale
Mon 19 Mar 2018
AA: Major, A: High, B: Medium
Tue 20 Mar 2018
AA 9:30 GB- CPI
A 10:00 DE- ZEW Survey
Wed 21 Mar 2018
AA 03:00 AU- Employment
AA 9:30 GB- Employment
A 12:30 US- Current Account
AA 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
A A 18:00 US- Fed Rate Decision
A 21:00 NZ- RBNZ Rate Decision
Thu 22 Mar 2018
AA All Day flash PMIs
AA 9:30 GB- Retail Sales
AA 12:00 GB- Bank Of England Decision
A 13:30 US- Weekly Jobless
Fri 23 Mar 2018
AA 12:30 CA- CPI/Retail Sales
A 12:30 US- Durable Goods
A 14:00 US- New Homes Sales
John M. Bland, MBA
co-founding Partner, Global-View.com
Start trading with forex broker Markets Cube
Max McKegg's Daily Forex Trading Forecasts
Veteran FX Trader, Max McKegg, forecasts all the Major currencies and the Australasians; providing Daily and Medium Term Trading forecasts to subscribers, who include large Banks the world over, as well as individual traders in more than 30 different countries.
Request a TRIAL of Max's Forex Service.