User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday September 16, 2009 - 13:18:37 GMT
Forex Hound -

Share This Story:
| | Email

Bernanke, Buffett Comments Fuel Equity Markets

Demand for risky assets appears to be back this morning following yesterday’s bullish comments regarding the economy by Fed Chairman Bernanke, positive comments from Warren Buffett regarding the economy and a renewal of M& A activity.


Yesterday Fed Chairman Bernanke fueled the rally in the stock market by stating that the recession is “very likely” over.  Although some traders feel that this news had been already priced into the market, traders are buying stock again early this morning as the equity market continues to be the best game in town for investors. 


Additional upside pressure is coming from positive comments from Warren Buffett who told investors he is buying stock.  He has been positive on the stock market since last fall so although this comment is helping to drive equity markets higher, it should come as no surprise.


New M&A activity is also helping to heat up the markets.  The NASDAQ market is reacting positively to the news that Adobe may buy Omniture.  This is helping to fuel rumors that additional M&A activity may take place.


You can’t fight the trend and it doesn’t make sense to try to pick a top at this time.  1059.00 has been a target for a while in the September E-mini S&P so there may be a reaction at this price.  Furthermore, investors have been comfortable buying dips so with today’s market expected to be higher on the opening; it will be interesting to see if they chase this market higher or knock it down before buying again.


The U.S. Dollar is trading weaker on the opening.  With the Dollar offering the lowest yield, it still makes sense to buy the other currencies.  Activity is picking up on the long side again in the December Japanese Yen after a few days of weakness.  Investors are optimistic about the economy now that the administration has changed.  Although the Euro Zone economy is still trailing the U.S. economy, the December Euro is attractive because of the higher yield.  Investors are also being drawn to the December British Pound despite the weaker U.K. economy.  The currency markets are being driven higher entirely on demand for risk.


December Gold finally broke out to the upside over the $1000 barrier after several days of backing and filling.  The weaker Dollar has a lot to do with this move.  Usually equities break and gold rallies in September so it’s hard to accept that both of these asset classes can sustain their upside momentum.  One of them has to give.


December Crude Oil remains flat despite strong movement in other commodities.  Supply and demand factors remain the key issues controlling these markets.  Today’s S&D report will shed some new light on this situation.  A strong surge in the Euro could be the catalyst which drives crude oil higher but traders are definitely approaching the markets with caution until they see the inventory report.


November Soybean and December Corn markets surged to the upside yesterday on reports of the possibility of an early frost.  Since much of the crop was planted late, speculation is they may be susceptible to damage because of cold weather.  Oversold conditions are also contributing to the bullishness as well as the weaker Dollar.  Traders are looking for foreign demand to pick up.



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

Trading Ideas for 12 March 2018

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 12 Mar 2018
A 17:00 US- 3-Yr Auction
Tue 13 Mar 2018
A 10:00 DE- ZEW Survey
AA 12:30 US- CPI
A 17:00 US- 10-Yr Auction
Wed 14 Feb 2018
AA 12:30 US- Retail Sales
A 12:30 US- PPI
A 14:30 US- EIA Crude
A 17:00 US- 30-Yr Auction
Thu 15 Mar 2018
A 12:30 US- Weekly Jobless
A 12:30 US- Philly Fed, Empire PMI
A 12:15 US- Industrial Production
Fri 16 Mar 2018
A 10:00 EZ- final HICP
A 12:30 US- Housing Starts/Permits
A 14:00 US- prelim Univ of Mich

John M. Bland, MBA
co-founding Partner,
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.



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