User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday April 26, 2010 - 14:02:31 GMT
Forex Hound -

Share This Story:
| | Email

U.S. Equity Markets Called Higher; Appetite for Risk Rising

U.S. equity markets are trading higher overnight. On Friday tensions eased in Greece after the country formally asked the European Union and the International Monetary Fund for bailout loans. This helped drive the stock indices to their highest levels of the year. Although the Euro is trading lower this morning, the situation looks a little brighter as investors still feel confident in holding higher risk assets.


Low interest rates in the U.S., decent economic reports and better than expected earnings continue to support the rise in equities. Now that earnings season is coming to an end and interest rates expected to remain low for a prolonged period, the emphasis will shift toward U.S. economic reports. Traders are going to want to see improvements in all sectors of the economy especially housing and employment. Last week good news regarding existing home sales and new home sales helped underpin equities.


Stocks are expected to continue to rise as long as there is a bid under the market. Throughout this entire bull market investors have gotten used to buying breaks. Expect this pattern to continue especially after strong openings. Traders have been reluctant to chase the market higher.


June Treasury Bonds are called higher this morning. The main trend is up on the daily chart, but the closing price reversal top from last Thursday at 117’29 could be a signal of lower markets to follow. The charts indicate a break to the low 116’00 is likely. The threat of rising interest rates and new supply is likely to limit gains and should help contribute to the impending weakness. It seems the only factors driving this market higher lately have been flight to safety concerns regarding Greece. Talk that China may limit its Treasury purchases can also develop into a bearish factor.


Fear of a possible collapse in the Greek economy and the Euro is sending speculators into June Gold. These traders have been taking long hedge positions against paper currencies. Gold also appears to be decoupling from the U.S. Dollar, Gold is nearing an old top at $1170.70 which could help to slow down upside momentum. The key to higher markets will be whether Greece’s problems escalate or the sovereign debt issues spread to Spain, Portugal or Ireland.


June Crude Oil is trading slightly better because of increased demand for higher risk assets. Supply and demand issues do not appear to be a factor at all in this rally. Last week’s action confirms that the crude oil market is still firm after it established a range between 87.59 and 81.73. The short-term chart indicates there is room to the upside but this market will have to clear 87.59 in order to trigger an acceleration to the upside.


The June Dollar Index is trading higher, but the Dollar is mixed against most major currencies. The June Euro is under pressure after Friday’s strong short-covering rally. Big hedge funds continue to remain short. Traders expect the situation to get worse before it gets better because of the lack of clarity regarding the proposed bailout plan. Most traders are still saying the amount of aid Greece is asking for is not enough.


The stronger equity markets are helping to boost demand for higher risk while driving down the lower yielding June Japanese Yen. The weaker Euro and an improved economic outlook are helping to support the June British Pound. Gains could be limited because of concerns over the upcoming U.K. elections and the possibility of a hung parliament.


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 19 Mar 2018
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,
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