Forex News Blog
Back to The Headlines
Monday March 10, 2014 - 19:07:34 GMT
Share This Story
global-view.com - www.global-view.com
Bank of Japan Decision Unlikely to Move Markets. Slow Week for Data
|Bank of Japan Decision Unlikely to Move Markets. Slow Week for Data|
March 11, 2014 :00:00 gmt
CALENDAR JP- Bank of Japan. DE- Trade, GB- Industrial & Manufacturing Output. US- Wholesale Inventories, 3-yr auction, API Energy
| EURUSD 1.3873
|| U.S. 2.78% -1bp
|| North America:Lower|
| EURJPY 143.15
|| Bund 1.63% -3bp
|| DAX: Lower|
| GBPUSD 1.6640
|| GILT 2.79% -1bp
|| FTSE: Lower|
| USDJPY 103.20
|| JGB 0.63% 0bp
|| Far East Close: Lower|
HIGH IMPACT NEWS ITEMS: JP- Bank of Japan
- The data news calendar is relatively light and back-end loaded.this week. That leaves the fate of the markets in the hands of algo systems who will undoubtedly be trading their correlation trades. For what its worth, everything is correlated to everything. We feel that the principal driving force for the markets is equities. Risk-on when equities are rising and risk-off when they are falling.
- Markets will be continue to be highly sensitive to developments in Ukraine. It is my best guess that the "independence" vote in Crimea from Ukraine will definitely pass just because it is in the self interest of Russia to retain its military control its southern ports. There no way anyone can stop them, sanctions notwithstanding. I feel the situation will gradually fade as a market factor.
- The data for the week ahead seems to be relatively quiet. It sees central bank decisions by the Bank of Japan and the Reserve Bank of New Zealand. Thursday sees key February employment data from Australia and and U.S. retail Sales data. Be sure to refer daily to the Global-View Economic Calendar For key items (actual data, selected charts, etc.) as they are released, see the FOREX FORUM.
FX Trade Talk: What's moving markets-- Expert 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 2013, GlobalViewpoint, Inc All rights reserved|
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 19 June 2018
AA: Major, A: High, B: Medium
A 12:30 US- House Permits/Starts
Wed 20 June 2018
A 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
Thu 21 June 2018
AA 11:00 GB- Bank of England Decision
A 12:30 US- Weekly Jobless
Fri 22 June 2018
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.