Forex News Blog
Back to The Headlines
Tuesday February 19, 2013 - 21:44:13 GMT
Share This Story
global-view.com - www.global-view.com
Busy calendar for the rest of week. Strong German sentiment data. Fresh U.K. worries. View Japan still wants weaker JPY
|Busy calendar for the rest of week. Strong German sentiment data. Fresh U.K. worries. View Japan still wants weaker JPY|
20 February 2013 00:00 gmt
CALENDAR- Far East: JP- Trade. Europe: GB- Employment, BOE Minutes, EZ- Consumer Confidence. North America: US- Weekly Mortgages, PPI, Housing Starts/Permits, Fed Minutes.
- HIGH IMPACT ITEMS: GB- Employment, BOE Minutes, EZ- Consumer Confidence, US- Housing Starts/Permits, Fed Minutes.
- CURRENCY WARS: Trade came back to life gradually Tuesday as North American traders returned from their Monday holidays. Earlier in the day Germany released a much stronger than expected ZEW Sentiment Survey. There is now the hope that improving trader sentiment will carry over to the real economy. The EURUSD gained over the day.
- During the day, S&P refused to comment on market rumors about an impending downgrade of U.K. sovereign debt. GBPUSD weaker.
- Traders say they feel that the G2 gave Japan an implicit green light to weaken its currency. Also, Japan FinMIn Aso said today that Tokyo has no plans to buy foreign bonds. It has been successful at weakening the currency recently so there is no need to push those funds out
- U.S. markets shrugged their first full opportunity to react to an internal Walmart executive memo from late Friday that expressed serious concerns about the weak Jan/Feb sales Walmart is sometimes seen as a proxy measure for the U.S. economy.
USDJPY 20-day average is 92.35. EURJPY 20-day average is 124.24. 10-yr JGB: 0.74%, -1bp. Key Far East bourses mostly down.
EURUSD 20-day average:1.3451.10-yr bund is 1.62%, -1 bp. European bourses: higher.
U.S. 10-yr 2.03%, +3bp. U.S. shares up..
FX Trade Talk: What's moving markets-- Commentary, data. and data charts posted continuously on FOREX FORUM
John M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service.. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
|Copyright, all rights reserved 2013|
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
Tue 17 July 2018
AA: Major, A: High, B: Medium
AA 08:30 GB- Employment
A 13:15 US- Industrial Production
AA 14:00 US-Powell Testimony
Wed 18 July 2018
AA 08:30 GB- CPI
A 12:30 US- Housing Starts/Permits
AA 14:00 US-Powell Testimony
Thu 19 July 2018
AA 1:30 AU- Employment
AA 08:30 GB- Retail Sales
A 14:30 US- EIA Crude
A 12:30 US- Weekly Jobless
Fri 20 Jun 2018
A 12:30 CA- CPI/Retail Sales
John M. Bland, MBA
co-founding Partner, Global-View.com
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.
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.