User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday July 14, 2014 - 18:21:24 GMT -

Share This Story:
| | Email

Draghi Talks Down EUR. Semiannual Yellen Testimony on Tuesday and Wednesday. Full Data Calendar

Draghi Talks Down EUR. Semiannual Yellen Testimony on Tuesday and Wednesday. Full Data Calendar
July 15, 2014 00:00 gmt
Daily Risk On/Off Heat Map

Markets are moving cautiously back to a risk-on posture after concern about a possible contagion from the Portuguese banking situation  has diminished. Long the EURUSD might be becoming a risk on trade, but we are by no means certain about this. EURUSD 1.3600 is its current benchmark price.

  • Yields in prime Eurozone fixed income markets are steady to higher.   Yields on the European periphery are lower. The German 10-yr bund is 1.21%, 0bp.
  • The U.K.10-yr gilt  yield is 2.61%  +1bp. Odds still favor a +25bp BOE short-term rate hike by yearend.
  • U.S.10-yr  yield  is 2.54%,  +2bp.
  • Equities closed higher in the Far East. Bourses in Europe are up. U.S. shares are higher as well.

    The heat map color scheme of interest rates reflects yields. This aligns all the colors in the chart to reflect risk-on (green) and risk-off(red).

    HIGH IMPACT NEWS: JP- Bank of Japan, GB- CPI & RPI-X, DE- ZEW, US- Empire PMI, Retail Sales, Yellen

    • Late in the day, ECB President Draghi warned that an appreciated exchange rate" is a risk to the  sustainability of the EZ recovery. We warned about this earlier. After his comments, the EURUSD tested 1.3600.
    • The focus on Tuesday will be the first leg of two days of Congressional testimony by Janet Yellen. We expect her to maintain her dovish tone but to warn that at some point the central bank will be forced to start to raise rates as policy starts to  be normalized. On Tuesday she appears before the Senate, while on Wednesday she goes before the House.
    • EZ Industrial Output fell -1.10% mo/mo in May.. This was slightly better than forecast. Nevertheless, it was the largest monthly decline since September 2012.
    • Tuesday also features key U.K. inflation data, the German ZEW Survey and U.S. Retail Sales data.
    • Wednesday will see Chinese GDP,  the U.K. Employment report and the latest Bank of Canada Policy Decision.
    • On Thursday, final EZ CPI data for June will be released. Housing Starts and Permits are due from the U.S. along with Industrial Production and sentiment data. On Friday, Canadian CPI and the preliminary July University of Michigan Survey are due.  
    • See the FOREX FORUM. for actual data, selected charts, etc.) and  comments from experienced traders to events as they are released.
    Weekly Trading Planner

    TUESDAY July 15, 2014
    JP Bank of Japan
    US Retail Sales
    FRB Yellen Testimony
    NZ 2Q CPI
    WEDNESDAY July 16, 2014
    GB Employment 
    CA BOC Rates+MPR
    THURSDAY July 17, 2014
    EZ Final HICP
    US Initial Claims
    US House Starts /Permits
    US TIC Net Flows
    US Ind Prod
    FRB Beige Book  
    FRIDAY July 18, 2014
    US U Mich prelim

    Time  Imp Country Title Cons Last
    14/07/14 19:30 A EZ Draghi n/a n/a
    15/07/14 4:30 A JP Bank of Japan 0.10% 0.10%
    15/07/14 8:30 A GB CPI mm -0.10% -0.10%
    15/07/14 8:30 A GB CPI yy 1.60% 1.50%
    15/07/14 8:30 A GB RPI-X 2.50% 2.50%
    15/07/14 8:30 B GB C-Out PPI y 1.00% 1.00%
    15/07/14 9:00 B DE ZEW Conditions 67.4 67.7
    15/07/14 9:00 B DE ZEW Expectations 28.4 29.8
    15/07/14 12:30 C US Imp Prices Feb 0.50% 0.10%
    15/07/14 12:30 B US Empire PMI 17 19.3
    15/07/14 12:30 A US Ret Sales May 0.60% 0.30%
    15/07/14 12:30 A US Sales x-auto< 0.60% 0.10%
    15/07/14 12:30 A US Sales X-auto&gas n/a n/a
    15/07/14 14:00 A FRB Yellen n/a n/a
    15/07/14 14:00 C US Bus Inv 0.60% 0.60%
    15/07/14 20:30 C US API Energy n/a n/a
    15/07/14 23:45 A NZ 2Q CPI qq n/a 0.30%
    15/07/14 23:45 A NZ 2Q CPI yy n/a 1.60%
    16/07/14 0:00 WEDNESDAY
    16/07/14 2:00 CN GDP yy 2Q14 7.40% 7.40%
    16/07/14 8:30 A GB ILO Unemploy 6.50% 6.60%
    16/07/14 8:30 A GB Avg Earn 3myy 0.50% 0.70%
    16/07/14 8:30 A GB Claimant Count k Mar -27 -27.4
    16/07/14 11:00 C US WK Mortgage Stats n/a n/a
    16/07/14 14:00 A CA BOC Rates+MPR 1.00% 1.00%
    16/07/14 14:00 A FRB Yellen n/a n/a
    16/07/14 14:30 A US EIA Distillate mn n/a -2.4
    16/07/14 14:30 B US EIA Crude mn n/a 0.58
    16/07/14 14:30 B US EIA Gasoline mn n/a 0.23
    16/07/14 14:30 B US EIA Cap Util n/a 91.60%
    17/07/14 0:00 THURSDAY
    17/07/14 9:00 A EZ HICP mm 0.10% -0.10%
    17/07/14 9:00 A EZ HICP yy 0.50% 0.50%
    17/07/14 9:00 A EZ HICP core y 0.80% 0.80%
    17/07/14 12:30 A US Cont Claims n/a n/a
    17/07/14 12:30 A US Initial Claims 310 304
    17/07/14 12:30 B US PPI core 0.20% -0.10%
    17/07/14 12:30 B US PPI Apr 0.20% -0.20%
    17/07/14 12:30 A US House Starts 1020 1001
    17/07/14 12:30 A US House Permits 1045 1005
    17/07/14 13:00 A US TIC Net Flows $b n/a n/a
    17/07/14 13:00 B US TIC L-T Flows Mar n/a -24.2
    17/07/14 13:15 A US Ind Prod 0.30% 0.60%
    17/07/14 13:15 A US Cap Util 79.30% 79.10%
    17/07/14 14:00 B US NAHB Index 50 49
    17/07/14 14:00 A US Philly Fed 16 17.8
    17/07/14 14:30 C US Nat Gas bcf n/a 93
    17/07/14 18:00 A FRB Beige Book n/a n/a
    17/07/14 23:50 A JP BOJ Minutes n/a n/a

    calendarBe 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. for actual data, selected charts, etc.) and  comments from experienced traders to events as they happen.

    John M. BlandJohn M. Bland, is a founding partner of,  and an author. He has been an FX consultant for a money center. bank, a forex trader for a N.Y. institution, and a FX analyst for a top Fed watching service. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
Copyright 2014, GlobalViewpoint, Inc All rights reserved


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."

Elevate Your Trading With The Amazing Trader!

The Amazing Trader includes:
  • Actionable trading levels delivered to YOUR charts in real-time.
  • Live trading strategy sessions.
  • Market Updates with Trading Tools.

Upgrade Your Trading experience. Try the Amazing Trader

Trading Ideas for 16 February 2018

Upgrade Your Trading. Try The Amazing Trader

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

Fri 16 Feb 2018
00:00 CN- Holiday
AA 09:30 GB- Retail Sales
A 13:30 US- Housing Starts/Permits
A 15:00 US- University of Michigan

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