User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Tuesday December 17, 2013 - 16:46:44 GMT -

Share This Story:
| | Email US Market Update: Participants Hold Their Breath as FOMC Gathers US Market Update: Participants Hold Their Breath as FOMC Gathers
Tue, 17 Dec 2013 11:24 AM EST

***Economic Data***
- (UK) Dec CBI Industrial Trends Total Orders: 12 v 11e; Trends Selling Prices: 11 v 5e
- (RU) Russia Nov PPI M/M: -1.5% v +0.2%e; Y/Y: 1.6% v 3.0%e
- (CZ) Czech Central Bank left its Repurchase Rate unchanged at 0.05% and maintain FX Intervention; both as expected
- (TR) Turkey Central Bank (CBRT) left all Key Rates unchanged (as expected)
- (US) ICSC Chain Store Sales w/e Dec 14th: w/w +4.8%; y/y: +2.0%
- (HU) Hungary Central Bank (NBH) cut Base Rate by 20bps to 3.00%, as expected
- (PL) Poland Nov Average Gross Wages M/M: 1.7% v 1.5%e; Y/Y: 3.1% v 2.9%e
- (PL) Poland Nov Employment M/M: 0.0% v 0.0%e; Y/Y: 0.0% v 0.0%e
- (US) Nov CPI M/M: 0.0% v 0.1%e; Y/Y: 1.2% v 1.3%e
- (US) Nov CPI Ex Food and Energy M/M: 0.2% v 0.1%e; Y/Y: 1.7% v 1.7%e
- (US) Nov CPI NSA: 233.069 v 233.130e; CPI Core: 235.240 v 235.179e
- (US) Nov Q3 Current Account Balance: -$94.8B v -$100.2Be
- (CA) Canada Oct Manufacturing Sales M/M: +1.0% v -0.3%e
- (US) Redbook Retail Sales w/e Dec 14th: +2.9% y/y, Dec MTD: -1.4% m/m; Dec MTD +2.8% y/y
- (EU) Weekly ECB Forex Reserves: 206.9B v 207.1B prior
- (US) Dec NAHB Housing Market Index: 58 v 55e

- Both European and US equity markets are in the red this morning, despite pretty solid European data, including a good Germany December ZEW survey and the excellent December NAHB numbers. Investors are positioning themselves very conservatively heading into Wednesday's FOMC meeting, while the yield on the US 10-year continues to hover around 2.86%. As of writing, the DJIA is down 0.21%, the S&P500 is down 0.43% and the Nasdaq is down 0.34%.

- Another month of very tame inflation in November adds one more data point into the pot for analysts gaming out the taper. US November CPI gained a bit from the four-year low seen in October, but remains as mild as its been for months, helped along by lower energy prices.

- The December NAHB housing market confidence index rose to back to levels seen in September, just shy of the eight-year highs seen in the August report. Analysts suggest the temporary swoon in the US housing market seen around the government shutdown has passed through, setting up for a very strong market in 2014. Homebuilder stocks are not benefitting, however, with most down one or two percent with the broader equity markets.

- Factset Research is down nearly 5% this morning after missing expectations in its first quarter report and its second quarter guidance. This decline comes despite good y/y growth in its Q1 metrics and the launch of a new $300M expansion of the firm's stock buyback plan.

- KKR has agreed to buy its flagging publicly-traded credit business KKR Financial Holdings LLC in a $2.6 billion all-stock deal. Holders get 0.51 KKR shares for each share of KKR Financial, valuing the public fund at $12.79 a share. Shares of KKR Financial have tanked this year and the CEO resigned back in July.

- Frontier Communications signed a substantial deal to acquire AT&T's residential, commercial and wholesale wireline business in Connecticut for $2B. Frontier will also acquire AT&Ts U-verse video and satellite TV customers in Connecticut. Shares of FTR are up 8%, but well off their highs.

- Numerous firms have been out over recent days offering initial guidance for FY14. This morning shares of LRY, MMM and PNR are up about 2% after offering robust guidance. On the flipside, TFX and MGLN have offered more problematic guidance. TFX is down 2% while MGLN is down around 4.5%. HON's FY14 guidance ranges were not great, but HON is down less than 1%.

***Looking Ahead***
- 11:30 (US) Treasury to sell $40B in 4-Week Bills
- 13:00 (US) Treasury to sell $32B in 2-Year Notes
- 13:30 (EU) Euro Area Finance Ministers (Eurogroup) meet in Brussels
- 16:30 (US) Weekly API Oil Inventories
- 17:30 (AU) RBA gov Stevens testifies
- 18:50 (JP) Japan Nov Trade Balance: -1.351Te v -1.091T prior; Trade Balance Adjusted: -1.198Te v -1.0725T




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 12 Nov 2018
AA CA/US Holiday
Tue 13 Nov 2018
AA 09:30 GB- Employment
A 09:00 DE- ZEW Survey
Wed 14 Nov 2018
AA 09:30 GB- CPI
AA 09:30 EZ- GDP
A 14:30 US- EIA Crude
Thu 15 Nov 2018
A 01:30 AU- Employment
AA 09:30 GB- Retail Sales
A 12:30 US- Weekly Jobless
Fri 16 Nov 2018
AA 10:00 EZ- Final HICP
A 14:15 US- Ind Prod/Cap Util

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