User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday July 27, 2009 - 12:52:18 GMT
Forex Hound -

Share This Story:
| | Email

Investors Looking for Bullish Reports to Help Boost Equity Prices

Traders will be watching New Home Sales today.  Pre-report estimates are for an increase of 352K.  This is up from 342K last month.  If traders get the increase they are looking for then this will be yet another sign that the housing slump may begin stabilizing.  Many traders feel that a recovery in the housing market is needed to jump-start the economy.  While better-than-expected earnings have been driving the rally this month, a better-than-expected New Home Sales Report will be a much stronger sign that better times may be ahead.


Some feel that falling home prices and low mortgage rates have been attracting buyers, but others are concerned that rising unemployment may trigger more foreclosures and slow down buying.


Later in the week, U.S. Secondary Preliminary GDP will be released.  Guesses are for the U.S. economy to show a decline of 1.5%.  This will be down from the 5.5% contraction reported in the first three months of the year.  There is some debate as to how much weight this report carries because of the changing nature of the U.S. economy.  Nonetheless, a substantial deviation from the estimate is most likely to move equities.


China and the U.S. will meet this week to discuss the direction of the U.S. Dollar and the U.S. economy.  China is expected to pressure Treasury Secretary Geithner on how the U.S. will protect the value of the U.S. Dollar given the size of the U.S. fiscal deficit.  China is the largest holder of U.S. government debt, and it wants to protect the value of these investments.  Fed Chairman Bernanke is also expected to chime in at the meeting with his explanation on how the Fed is prepared to keep inflation at bay.  The meeting is not expected to be one-sided as the U.S. wants answers on what China expects to do to maintain a flexible Yuan.  Discussions this week could have effects on Treasury markets and the Dollar especially if talk of a new super-currency gets introduced.


Treasuries are feeling pressure overnight.  Sellers are moving money into equities in an effort to capture a better return on their investments.  The biggest factor for the decline, however, is traders taking protection ahead of the Treasuries $115 billion government debt auction this week.  Today will feature the initial offering of $6 billion of 20-year TIPS.


Stock Index futures are indicating a higher opening this morning.  Better-than-expected earnings have been the most influential factor driving equity prices higher.  Today‚Äôs key earnings reports will be Honeywell and Verizon.  Much of the rally has been led by the NASDAQ as technology stocks have been on fire despite poor reports from Microsoft and Amazon last week. 


Although equity indices have reached their highest levels of the year, they have hit technically overbought levels.  In addition, some traders feel that under invested portfolio managers have been chasing this market higher which makes it vulnerable to a correction if the continuous flow of new money begins to subside.  This could make the markets vulnerable to a sizeable correction this week.


Overall, stronger stocks, higher crude oil and the weaker Dollar are all signs that the global recession may be abating.  Stocks and commodities are up on increased demand for risk and the U.S. Dollar is down on less demand for safety. 


Last week it was reported that German Consumer Confidence rose for the third month while climbing to a 14 month high.  This news is helping the September Euro gain on the Dollar.  There are also signs coming out of Europe that credit quality may be improving.


The bullish move in the equity markets last week may be signaling a global economic recovery that will lead to increased demand for crude oil.  This is helping to boost prices this morning despite the fear that increased gasoline inventories will limit these gains.


Another sign of an impending economic recovery is the sharp rise in industrial metals.  Last week September Copper hit a new high for the year and is expected to open higher this morning.  The weaker Dollar is also leading to increased demand for precious metals.  August Gold is up over $5.00 this morning. 


Improving weather conditions are expected to continue to limit gains in November Soybeans and December Corn and may even lead to additional selling pressure this morning.  Soybeans in particular may feel pressure if China decides to lower prices at its planned auction.  December Wheat traders not only have to worry about the increasing size of inventory but also about the possibility of new Federal regulations limiting the size of speculative positions.


The weaker Dollar is helping to boost the prices of commodities in the softs complex.  September Cocoa and Coffee are benefitting from the falling Dollar.  Cocoa is also attracting buyers because of the possibility of lower production.  October Sugar is up on decreased production and increased demand from India.  December Cotton fell sharply last week and could fall further because of a bearish technical formation and decreased demand.


Forex Trading News

Forex Research

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 here.

Forex News
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
AA: Major, A: High, B: Medium

Mon 23 July 2018
A 14:00 US- Existing Homes Sales
Tue 24 July 2018
AFlash PMIs
Wed 25 July 2018
A 08:00 DE- IFO Survey
A 14:00 US- New Homes Sales
A 14:30 US- EIA Crude
Thu 26 July 2018
AA 11:45 EZ- European Central Bank Decision
A 12:30 US- Weekly Jobless
A 12:30 US- Durable Goods
Fri 27 July 2018
AA 12:30 US- GDP
A 14:00 US- Final University of Michigan

John M. Bland, MBA
co-founding Partner,

Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

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.


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.



By using this website, you are agreeing to our Privacy Policy and Terms of Use, and Cookie Policy

Copyright ©1996-2014 Global-View. All Rights Reserved.
Hosting and Development by Blue 105