User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Thursday December 11, 2014 - 08:36:16 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Mid-session Update: RBNZ retains tightening bias; Australia unemployment hits 12-year highs; BOK on hold for 2nd month - Source

(AU) AUSTRALIA NOV EMPLOYMENT CHANGE: +42.7K (9-month high) V +15KE; UNEMPLOYMENT RATE: 6.3% (12-year high) V 6.3%E; PARTICIPATION RATE 64.7% (4-month high) V 64.6%E - (AU) AUSTRALIA DEC CONSUMER INFLATION EXPECTATION: 3.4% V 4.1% PRIOR; matches 4-month low - (NZ) NEW ZEALAND CENTRAL BANK (RBNZ) LEAVES OFFICIAL CASH RATE UNCHANGED AT 3.50%, AS EXPECTED - (NZ) NEW ZEALAND NOV FOOD PRICES M/M: -0.5% V 0.0% PRIOR - (CN) China Ministry of Finance (MoF): China Nov Fiscal Rev CNY995B, +9.7% y/y, Fiscal Spending CNY1.28T, +0.8% y/y - (JP) JAPAN OCT TERTIARY INDUSTRY INDEX M/M: -0.2% V -0.2%E - (JP) JAPAN OCT MACHINE ORDERS M/M: -6.4% (first decline in 5 months) V -1.7%E; Y/Y: -4.9% (largest decline in 5 months) V -0.3%E - (KR) BANK OF KOREA (BOK) LEAVES 7-DAY REPO RATE AT 2.00% (AS EXPECTED) - (UK) UK NOV RICS HOUSE PRICE BALANCE: 13% V 15%E ***Index Snapshot (as of 03:30 GMT)***- Nikkei225 -1.1%, S&P/ASX -0.5%, Kospi -0.8%, Shanghai Composite -0.6%, Hang Seng -1.2%, Dec S&P500 +0.2% at 2,029***Commodities/Fixed Income***- Feb gold +0.1% at $1,230, Jan crude oil +1.0% at $61.52/brl, Mar copper -0.5% at $2.91/lb- GLD: SPDR Gold Trust ETF daily holdings rise 3.0 tonnes to 724.8 tonnes; Highest level since Nov 10th - SLV: iShares Silver Trust ETF daily holdings fall to 10,646 tonnes from 10,737 tonnes prior (lowest since Sept 22nd) - (US) Yield on the US 10-yr note falls to 2.17% at the close, Lowest close since Oct 16th; Yield on the 30-year at 2.84%; Lowest close since May 2013- (CN) PBoC won't conduct open market operations (OMO) in today's session (5th consecutive halt); Injects net CNY5B this week v injected CNY30B prior (4th consecutive injection, smallest injection in 4 weeks) - USD/CNY: (CN) PBoC sets yuan mid point 6.1153 v 6.1195 prior setting (strongest Yuan setting since Feb 20th) - (JP) Japan investors sold net 852.2B in foreign bonds v bought 3.4B in prior week; Foreign investors bought net 481.9B in Japan stocks v sold 53.0B in prior week ***Market Focal Points/Key Themes/FX***- Asian indices echoed another pummeling in the US markets where year-end profit taking has taken stocks down for the 3rd straight day. Safe-haven US bonds are firmly bid amid political uncertainty in Greece, slowdown in China, and looming FOMC meeting next week, with the yield on the US 10-yr at 2-month lows and 30-yr at 20-month lows. Tracking lower US yields, USD/JPY fell below 117.50 - a 2-week low.- Reserve Bank of New Zealand was on hold at 3.50% as expected, also lowering its 90-day bill rate from prior forecasts by 10bps at 2014-end, 30bps at 2015-end, and 40bps at 2016-end. RBNZ reiterated the high exchange rate still restrains growth in the traded sectors and yet to adjust materially to the lower commodity prices, but also added that "some further policy tightening will be necessary to keep future average inflation near the 2% target mid-point and ensure that the economic expansion can be sustained." NZD/USD spiked up about 150pips on that statement component, as investors anticipated a decidedly neutral bias from the RBNZ due to recent pressure in dairy prices and lower inflation expectations. Speaking after the policy announcement, Gov Wheeler clarified the RBNZ would be on hold for a long time, expressing surprise the markets interpreted the statement as a tightening signal.- AUD/USD traded up over 30pips as high as $0.8370 after Australia employment change came in at nearly triple the estimates. Those gains were quickly reversed however, with most of the job creation registered in the part-time space. Moreover, unemployment rate hit a 12-year high of 6.3%, even though participation rate rose to a 4-month high.- Hong Kong authorities moved to clear out the Occupy Central sites after giving protesters ample warning to vacate the areas. Some 7K police officers were deployed, and initial reports indicate the clearing has far been peaceful. On the mainland, China Securities Regulatory Commission (CSRC) said it plans to inspect margin trading leverage issues for brokers next week due to outsized volatility in the A-shares over the past week. Separately, a press report indicated PBoC has been easing lending conditions, targeting 2014 Yuan loans to hit CNY10T v CNY8.9T reached in 2013.- KRW hit a 3-week high against USD at KRW1,095 before paring its advance after a dovish Bank of Korea policy statement. BOK kept rates on hold at 2.00% in a unanimous decision as widely expected, but also added inflation would stay low for considerable period, 2015 GDP would struggle meeting a 3.9% target, and recovery of consumption has been inadequate.***Equities***US markets: - HBOS: Announces definitive merger agreement with Renasant Corp, values company at approx $27.00/shr; +7.4% afterhours- RH: Reports Q3 $0.49 v $0.47e, R$485M v $482Me; +6.7% afterhours- CNX: Intends to Pursue the Initial Public Offerings of a Thermal Coal MLP and Metallurgical Coal Subsidiary; approves $250M buyback program (3% of market cap); +3.0% afterhours- CASY: Reports Q2 $1.28 v $1.09e, R$2.15B v $2.20Be; +1.9% afterhours- EBAY: Said to be considering cuts of as many as 3K jobs in 2015 (about 10% of total workforce), mainly in the Marketplace division - financial press; +0.2% afterhours- MW: Reports Q3 $0.83 v $0.87e, R$890.6M v $909Me; -0.2% afterhours- LAKE: Reports Q3 -$0.42 v -$0.31 y/y, R$25M v $22.8M y/y; -8.6% afterhours- LC: Prices IPO at $15/shr vs. $12-14 expected range; to trade on NYSE- RDN: Said to be close to selling its financial guaranty business to Assured Guaranty Ltd for about $800M - financial press- SPLS: Starboard Value said to take approx 6% stake valued around $550M - financial pressNotable movers by sector:- Consumer Discretionary: Belle International Holdings 1880.HK -1.1% (Q3 sales result)- Financials: Poly Property Group 119.HK -2.3% (Nov sales result); China Merchants Bank 600036.CN +1.1% (Anbang Insurance raises stake)- Energy: Origin Energy ORG.AU -1.9%, Santos STO.AU -5.6%, Sundance Energy SEA.AU -7.2% (WTI crude lower); Caltex Australia CTX.AU +3.1% (FY14 guidance); China Oilfield Services 2883.HK -5.7% (FY15 guidance)- Industrials: China State Construction 3311.HK +1.6% (Nov new contracts result)- Utilities: CGN Power 1816.HK +7.3% (momentum on IPO debut) - Source


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