User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday November 28, 2005 - 10:40:58 GMT
Lloyds TSB Financial Markets -

Share This Story:
| | Email

Forex: Daily Outlook

Central bank events in the euro zone and the US spearhead a busy economic agenda this week. Investors are likely to concentrate on what will be one of the last keynote speeches by Fed Chairman Greenspan as a potential catalyst for volatility in the currency and bond markets, looking for confirmation that their dovish interpretation of last week’s Fed minutes was right. The simultaneous release of the latest US employment report could mean a choppy end to the week. Updates on consumer credit, consumer confidence and business conditions in manufacturing and retail industries will all be monitored carefully in the UK. The BoE two weeks ago stated that there are short-term downside risks to economic growth. Any signs of economic weakness could help fixed income markets to extend last week’s gains and could hurt sterling. With a 25bp rate increase by the ECB fully discounted, it is the ECB press conference and a plethora of economic sentiment surveys from the large member states that will attract most interest in the euro zone.

Markets (London close)
Currencies % change (on day)
€/$ 1.1733 -0.47
£/$ 1.7159 -0.46
€/£ 0.6838 -0.01
£/€ 1.4625 +0.01
£/Y 205.34 +0.25
£/CHF 2.2629 -0.18
$/Y 119.67 +0.72

Equities % change (on day)
Dow Jones 30 10931.6 +0.14
S&P 500 1268.3 +0.21
FTSE 100 5523.8 +0.23
Nikkei 225 14742.6 +0.23
DJ Eurostoxx 50 3466.1 +0.20

Interest rates (%) bp change (on day)
UK 3-mth interbank 4.58 zero
US 3-mthT-bill 3.86 +1.0
Euro 3-mth Euribor 2.45 zero
Japan 3-mth interbank 0.09 zero
UK 10-yr benchmark 4.18 zero
US 10-yr benchmark 4.43 -5.0
Euro 10-yr benchmark 3.41 +1.0
Japan 10-yr benchmark 1.45 -2.0

Swaps 5-yr (%) bp change (on day)
UK 4.61 -2.0
US 4.83 -3.0
Euro 3.16 zero
Japan 0.87 +1.0

Commodities (US$) $ change (on day)
Oil - Brent, Dec future 55.01 -0.29
Gold spot 493.37 zero

Technical levels
€/$ 1.1640-1.1733 - trading high end of range
£/$ 1.7089-1.7187 - trading low end of range
€/£ 0.6800-0.6850 - trading high end of range
$/Y 119.18-119.88 - trading high end of range
$/CHF 1.3156-1.3230 - trading high end of range

Currency commentary
US-centric events are likely to steer currency markets this week. A speech by Fed Chairman Greenspan and the US employment report on Friday loom large over financial markets at the end of the week and mean that foreign exchange investors may decide not to take on new positions until then. Trading ranges for the major currency pairs are thus likely to remain quite tight until we move into the latter part of the week. The question is can the dollar finish the year on a high, or will investors choose to take profits on their long dollar positions? This will be answered by how the Fed this and next week describes how it sees the outlook evolve for monetary policy. Homeland investment flows may support the dollar until the end of December. Investors in sterling will concentrate their attention on house prices, consumer credit, consumer confidence and manufacturing sentiment. In the euro zone, a 25bp rate hike by the ECB is priced in on Thursday. This should limit the fillip of higher interest rates for the euro.

Major data and events this week
• BoE governor King speaks at Dutch Central Bank conference
• Chancellor Brown speaks at CBI conference (11:45)
• ECB president Trichet speaks at Fixed Income Forum (10:00)
• German consumer confidence
• US existing home sales
• Japan unemployment, industrial output

• UK Nationwide house prices, M4 money supply, mortgage
lending, consumer credit
• EU-12 M3 money supply
• French producer prices
• US durable goods orders, new home sales, consumer confi
• ECB president Trichet speaks at Fixed Income Forum (10:00)
• German consumer confidence
• US existing home sales

• UK consumer confidence
• EU-12 consumer and industry confidence, flash CPI, Q3 GDP
(2nd est)
• German unemployment
• French unemployment
• US Q3 GDP (2nd est), Chicago PMI
• Federal Reserve Beige Book is published
• Fed speakers: Poole, Bies
• Canada Q3 GDP

• UK manufacturing PMI, CBI distributive trades survey
• ECB interest rate decision (25bp hike to 2.25% expected)
• EU-12 manufacturing PMI, unemployment
• German retail sales
• US personal income and spending, initial claims, ISM manufac
turing index, construction spending

• US non-farm payrolls
• EU-12 producer prices
• Fed speakers: Chairman Greenspan, Yellen, Santomero
• G7 meeting in London (to Saturday)

You can contact us on [email protected] See our website, address at the top, for more research.

Any documentation, reports, correspondence or other material or information in whatever form be it electronic, textual or otherwise is based on sources believed to be reliable, however neither the Bank nor its directors, officers or employees warrant accuracy, completeness or otherwise, or accept responsibility for any error, omission or other inaccuracy, or for any consequences arising from any reliance upon such information. The facts and data contained are not, and should under no circumstances be treated as an offer or solicitation to offer, to buy or sell any product, nor are they intended to be a substitute for commercial judgement or professional or legal advice, and you should not act in reliance upon any of the facts and data contained, without first obtaining professional advice relevant to your circumstances. Expressions of opinion may be subject to change without notice. Although warrants and/or derivative instruments can be utilised for the management of investment risk, some of these products are unsuitable for many investors. The facts and data contained are therefore not intended for the use of private customers (as defined by the FSA Handbook) of Lloyds TSB Bank plc. Lloyds TSB Bank plc is authorised and regulated by the Financial Services Authorities and a signatory to the Banking Codes, and represents only the Scottish Widows and Lloyds TSB Marketing Group for life assurance, pension and investment business.


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.

Register To Test Your Amazing Trader

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

Tue 17 July 2018
AA 08:30 GB- Employment
A 13:15 US- Industrial Production
AA 14:00 US-Powell Testimony
Wed 18 July 2018
AA 08:30 GB- CPI
A 12:30 US- Housing Starts/Permits
AA 14:00 US-Powell Testimony
Thu 19 July 2018
AA 1:30 AU- Employment
AA 08:30 GB- Retail Sales
A 14:30 US- EIA Crude
A 12:30 US- Weekly Jobless
Fri 20 Jun 2018
A 12:30 CA- CPI/Retail Sales

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