User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Tuesday July 23, 2013 - 15:25:14 GMT
Trade the News Staff -

Share This Story:
| | Email US Market Update: After Fresh All-Time Highs, US Equities Slide into the Red US Market Update: After Fresh All-Time Highs, US Equities Slide into the Red
Tue, 23 Jul 2013 11:08 AM EST

***Economic Data***
- (IE) Ireland Jun Property Prices M/M: 1.2% v 0.3% prior; Y/Y: +1.2% v -1.1% prior
- (TR) Turkey Central Bank (CBRT) widen its rates corridor with an upward adjustment of the ceiling; left Benchmark Repo Rate unchanged at 4.50% while raising Overnight Lending Rate by 75bps to 7.25%
- (BR) Brazil July FGV Consumer Confidence: 108.3 v 112.9 prior
- (US) ICSC Chain Store Sales w/e July 19th: w/w 1.4%; Y/Y: +2.1%
- (HU) Hungary Central Bank (NBH) cut Base Rate by 25bps to 4.00%, as expected
- (CA) Canada May Retail Sales M/M: 1.9% v 0.4%e; Retail Sales Less Autos M/M: 1.2% v 0.4%e
- (US) Redbook Retail Sales w/e July 19th: +3.3% y/y, July MTD: +0.9% m/m; July YTD: +3.1%
- (US) May House Price Index M/M: 0.7% v 0.8%e
- (CL) Chile Jun PPI M/M: -0.4% v +0.3% prior
- (EU) Weekly ECB Lending to Banks: 804.4B v 803.3B prior
- (BR) Brazil Jun Current Account: -$4.0B v -$5.0Be; Foreign Direct Investment (FDI): $7.2B v $5.5Be
- (US) July Richmond Fed Manufacturing Index: -11 v +9e
- (EU) Euro Zone July Advance Consumer Confidence: -17.4 v -18.3e; highest since Aug 2011

- After a good start to the day, US indices are flat or in the red this morning and most European indices are looking to close in the red as well. As of writing the DJIA is flat, the S&P500 is down 0.2% and the Nasdaq is down 0.5%

- The Richmond Fed Manufacturing survey widely missed expectations, contrasting sharply with the very strong regional manufacturing reports out of the New York and Philadelphia Fed banks last week. Crude rapidly came off its highs, dropping into the $106 handle after trading as high as $108.80 earlier in the morning.

- Overnight, Chinese Premier Li drew a line in the sand on GDP, saying the government won't tolerate anything below +7%. The comments are just one more rebuttal of comments attributed to Finance Minister Lou Jiwei, who hinted last week that the new team might tolerate lower GDP levels. The comments helped goose Asian equities higher.

- Shares of DJIA components Dupont and United Technology sustained solid 2% gains in the first hour of trading on solid quarterly reports, although DD has dropped to unchanged mid morning. A third DJIA component, Travelers, is down a solid 3% despite seemingly firm headline numbers.

- Shares of Netflix have recouped losses in the early going after steep post-market losses yesterday. NFLX nearly turned positive in the first minutes of trading but is down around 2.8% as of writing. The firm saw solid y/y gains in net income and revenue, but the net streaming additions disappointed many investors after a strong showing in the prior quarter. Note that there has been a lot of really positive analyst notes out this morning.

- The tech industry saw some good news in earnings out of Texas Instruments out last night. The firm met expectations in its Q2 and offered an upbeat look at Q3, saying customers seem more confident about placing orders for chips. Multiple analysts raised PTs on the name and shares of TXN are up nearly 5%.

- Shares of troubled retailer Radioshack are down 3.8% in mid-morning trade after having opened up more than 3%. The firm's quarterly losses were steeper than expected even as revenue widely topped expectations. Note also that the CFO stepped down.

- Regional banking names Regions Financial and Zions Bancorp are both in the red this morning on disappointing profits as the gains to be had from releasing loan loss reserves run out, leaving only ultrathin margins from low, low rates.

***Looking Ahead***
- 11:30 (US) Treasury to sell combined $65B in 4-week and 52-Week Bills
- 13:00 (US) Treasury to sell $35B in 2-Year Notes
- 13:00 (BR) Brazil Jun CAGED Formal Job Creation: 97.3Ke v 72.0K prior
- 15:00 (AR) Argentina Jun Trade Balance: $995Me v $1.3B prior
- 19:00 (PT) Bank of Portugal Bank Lending Survey
- 19:50 (JP) Japan Jun Merchandise Trade Balance: -155.7Be v -993.9B prior; Adjusted Merchandise Trade Balance: -594.7Be v -821.0B prior
- 21:30 (AU) Australia Q2 CPI Q/Q: 0.5%e v 0.4% prior; Y/Y: 2.5%e v 2.5% prior
- 21:45 (CN) China July HSBC Flash Manufacturing PMI: 48.2e v 48.2





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.

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

Mon 3 Dec 2018
A All Day Final Mfg PMIs
Tue 4 Dec 2018
A 04:30 AU- Reserve Bank Decision
Wed 5 Dec 2018
A All Day Final SVC PMIs
A 04:30 AU- CPI
A 13:15 US- ADP Jobs
A 13:30 US- Productivity
A 15:00 CA- Bank Of Canada Decision
A 15:30 US- EIA Crude
B 19:00 US- Beige Book
Thu 6 Dec 2018
AA 12:45 EZ- ECB Decision
AA 13:30 US/CA- Trade
A 13:30 US- Weekly Jobless
Fri 7 Dec 2018
A 10:00 EZ- GDP
AA 13:30 US/CA- Employment
A 15:00 US- Final Univ of Michigan

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