http://www.global-view.com en http://www.global-view.com/forex-trading-tools/research/index.html?nid=20345 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20345 Let me start by saying Imake a living largely from the banking system, and certainly entirely from thefinancial system. Howcould something so blatantly misleading and deliberately misleading ever beallowed to have happened in 2008 after Bear Stearns was gone and afterregulators ac Fri, 12 Mar 2010 20:33:45 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20344 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20344 Let me start by saying Imake a living largely from the banking system, and certainly entirely from thefinancial system. Howcould something so blatantly misleading and deliberately misleading ever beallowed to have happened in 2008 after Bear Stearns was gone and afterregulators ac Fri, 12 Mar 2010 20:33:44 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20343 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20343 The Daily Forex ViewDollar Topping? -- Weekly 21:00 GMT- Mar 12(global-view.com) It seemed that traders suddenly lifted their heads in the middle of the week past and realized that the lead EURUSD pair has been unable to distance itself from 1.3600. This was disappointing to those who had built sizeable short positions...MORE... Fri, 12 Mar 2010 18:17:43 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20342 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20342 Friday, March 12, 2010 11:31:04 AM Ex Auto: 0.8% v 0.1%e - (US) Mar Preliminary University of Michigan Confidence: 72.5 v 74.0e - (US) Jan Business Inventories: 0.0% v 0.1%e - (MX) Mexico Jan Industrial Production Y/Y: 3.6% v 5.6%e - The strong results in the February advanced retail sales data helped US markets open higher this morning, aided by strength in European trading. The lower than expected U of Michigan confidence Fri, 12 Mar 2010 17:07:46 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20341 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20341 (Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.)3/12/2010 USD/CAD Bearish price action on USD/CAD, a daily chart of which is shown, has finally made a tentative breakdown below the key 1.0200 support level after respecting this level several times this week. Fridays (3/12/2010) breakdown of 1.0200 establishes a new 19-month low for this pair. The current bearishness puts USD/CAD on a potential path towards parity (1.0000), a level not reached since July 2008. The current bearish breakdown also lends confirmation to Fri, 12 Mar 2010 16:56:36 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20340 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20340 FXBriefing 12 March 2010Highlights EUR-USD hits 4-week high, tension regarding Greece eases Swiss National Bank to continue intervening toprevent appreciation of Swiss franc China regards exchange ratepeg as temporary measureChina: Inno hurry to adjust exchange ratesAlthough there is still strong domestic resistance to theausterity measures in Greece, financial markets are starting to view the situation in a morerelaxed light. This is probably partly thanks to prime minister GeorgePapandreous goodwill tour to the US, and partly as a result of the proposal to set up aEuropean Monetary Fund (even though the ECB seems to be showing littleenthusiasm for the idea). Dur Fri, 12 Mar 2010 16:42:19 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20339 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20339 Key News LONDON, March 12 (Reuters) - World oil demand this year will be slightly higher than previously expected, the International Energy Agency (IEA) said on Friday, because of growth in developing countries. The agency lifted its absolute demand estimates for 2009 and 2010 by 70,000 barrels per day (bpd) from its estimate in February. It now expects world demand to average 86.57 million bpd this year. TORONTO, March 12 (Reuters) - Canada's unemployment rate fell to 8.2 percent in February from 8.3 percent January as 20,900 more people found work in the month, with all the gains coming from full-time jobs and in the public sector. WASHINGTON, March 12 (Reuters) - U.S. retail sales rose unexpectedly last month despite hea Fri, 12 Mar 2010 16:23:18 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20338 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20338 Retail Sales just came out bullish. Equity markets aresoaring. Bonds are breaking. The Dollar is plunging. The market reads thisreport as good. The key will be to be able to separate the report from thetrade. The question is will U.S.investors chase equity market higher or wait for a pullback? Overall, however,it looks like a strong report. U.S.equity markets are trading better overnight ahead of this mornings RetailSales Report. Demand for higher risk assets, the weaker Dollar and lowvolatility are helping to support the indices. The March E-mini daily swingchart has been projecting a test of 1156.00 by March 12th. Strong overnightaction has this market in position to test this level. In add Fri, 12 Mar 2010 14:45:23 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20337 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20337 The U.S. Dollar is trading lower overnight against all majorcurrencies. Investor demand for higher risk assets has been the driving forcealong with short-covering. Economic releases have played a limited role in thisweeks Dollar movement. However, this may change today following the release ofthe U.S. Retail Sales Report and Consumer Sentiment.Two factors are currently driving this market higher. Thefirs Fri, 12 Mar 2010 14:45:03 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20336 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20336 USD-CHF @ 1.0601/04...Rounding Top R: 1.0641 / 1.0671 / 1.0717S: 1.0593 / 1.0560-47Swiss fell. It has given in to the rounding top and is tradng near 1.0593, the projected max low for the day. The support near 1.0600 seems to be holding as of now, but a srtong break below this may see further fall towards 0.5953-32 in the US Session today. On the upside, we may see it rising towards 1.0641 if it holds above 1.0593. The borader picture remains bullish and along with the Resistance-turned-Support level at the 55-DMA (1.0547) we might expect a bounce back towards 1.0850 in the days aheadTo see the Rounding Top on the daily candles click on the following link:http://www.kshitij.com/graphgallery/chfcandle.shtml#candleLimit Buy Order:Buy Fri, 12 Mar 2010 13:20:12 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20335 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20335 7:32am EST* Euro rises to 1-mo high vs dollar at $1.3796 * Focus on U.S. retail sales* Yen weighed on expectations BOJ may ease policy next week* Canada dollar rises beyond C$1.02, highest since July 2008(Adds quotes, updates prices)By Tamawa DesaiLONDON, March 12 (Reuters) - The euro rose to a one-month high against the dollar on Friday as traders covered short positions and the U.S. unit fell on reports a policy dove was a leading candidate for vice chair of the U.S. Federal Reserve.Reports that San Francisco Federal Reserve Bank President Janet Yellen could replace Donald Kohn as vice chairman of the U.S. central bank weighed on the gr Fri, 12 Mar 2010 12:55:49 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20334 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20334 Friday, March 12, 2010 5:50:05 AM Fri, 12 Mar 2010 10:53:51 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20333 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20333 The Daily Forex ViewRisk Trades Back On 11:00 GMT- Mar 12(global-view.com) Traders over the past couple of days seem to have been taking a slightly more positive view of the world and have gradually been moving back into the risk trades.MORE... Fri, 12 Mar 2010 10:50:17 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20332 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20332 U.S.equity markets finished higher after treading water most of the day in sideways-to-lowertrading action. Traders seemed to be waiting for a catalyst all day. Near theclose equity markets mounted a strong surge to finish on their highs.P 500 broke through the January topat 1148.00. This action kept this market on pace to reach the March 12thobjective of 1156 Fri, 12 Mar 2010 01:04:03 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20331 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20331 The U.S. Dollar declined into the close after trading in atight range most of the day. A strong surge in the equity markets late in thesession confirmed investor demand for risky assets, thereby pressuring thelower yielding Dollar. Investors speculated that its central bank would have to raise interestrates to curb economic growth. The inflation report showed an acceleration fromthe year-earlier month, to a greater-than-expected pace of 2.7%. The highergrowth was tied to greater-than-expected gains in fixed-asset inve Fri, 12 Mar 2010 01:03:46 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20330 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20330 4:40pm EST * Canadian dollar recovers to 97.47 U.S. cents * Carney's speech makes no reference to current policy * Bonds mixed * Focus turns to Canada's jobs data for February (Adds details) By Ka Yan Ng TORONTO, March 11 (Reuters) - The Canadian dollar finishedhigher against the greenback for a 10th straight session onThursday as it rebounded from early losses along with otherriskier assets such as equities and crude oil. The Canadian dollar ended at C$1.0243 to the U.S. dollar,or 97.63 U.S. cents, up from Wednesday's close of C$1.0259 tothe U.S. dollar, or 97.48 U.S. cents. The currency's early softness, which took it to a one-weeklow at 96.86 U.S. cents, followed data that showed a smallerU.S. trade deficit, which spurr Thu, 11 Mar 2010 22:14:06 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20329 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20329 4:12pm EST* U.S. trade gap narrows, claims higher than forecast* SNB says would act The data released this morning was unable to move the Thu, 11 Mar 2010 22:12:43 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20328 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20328 The Daily Forex ViewRange Trading Session 21:00 GMT- Mar 11 MORE... Thu, 11 Mar 2010 20:38:34 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20326 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20326 Morning Report Friday 12 March 2010 News and views Risk markets took a breather last night. US equities fell at the open, but then rebounded, as they digested the earlier China inflation report which raised the prospect of tightening there, as well as the US trade report showing imports fell. The SP500 is down 0.1% currently. European equities earlier also lost ground, the Eurostoxx down 0.5%. The CRB commodities index fell 0.5%, weakness mainly in the softs. US treasuries drifted a few bp higher until the 30yr auction result - well bid, given their yields were near a record wide spread to 2yr notes - after which the 10yr note fell 3bp for little net change. The US dollar is a tad weaker, from around 80.50 at Sydney's close t Thu, 11 Mar 2010 19:38:19 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20327 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20327 Morning Report Friday 12 March 2010 News and views Risk markets took a breather last night. US equities fell at the open, but then rebounded, as they digested the earlier China inflation report which raised the prospect of tightening there, as well as the US trade report showing imports fell. The SP500 is down 0.1% currently. European equities earlier also lost ground, the Eurostoxx down 0.5%. The CRB commodities index fell 0.5%, weakness mainly in the softs. US treasuries drifted a few bp higher until the 30yr auction result - well bid, given their yields were near a record wide spread to 2yr notes - after which the 10yr note fell 3bp for little net change. The US dollar is a tad weaker, from around 80.50 at Sydney's close t Thu, 11 Mar 2010 19:38:19 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20325 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20325 EUR/JPY Short-term Reversal Signals Weekly and Daily: Before discussing the short-termscenario lets take a look at the longer term mode. The Weekly chartshows a market in the oversold condition as it consolidates around the61.8% retracement level.If a rally springs from this small base, there is resistance nearthe 128.50 area. However, there does not seem to be a reversal signalyet, and the bearish outlook exists. The market can test the 118.34 or78.6% retracement level in another bearish week.The daily chart shows trouble rallying above the 123.80 level. Thestochastic is showing a strong bullish momentum from basing action, butprice action is showing trouble with a declining trendline as well.Despite the bullish Thu, 11 Mar 2010 19:03:52 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20324 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20324 USD/CAD Reversal Signal 4H: The USD/CAD is showing signs of reversal aftera strong bullish candle coming out of bottoming price action above the1.0220 area. At this point, the signal is still a little naked orwithout confirmation. We do have a bullish divergence, and a break of adeclining channel as well.At least a short-term bullish outlook exists towards the 1.0370area. But a break above that and further confirmation is required forthe intermediate term reversal outlook.1H: Looking at the 1H time-frame to confirm at least the short-term reversal to 1.0370.There is a break of the declining channel, and a strong one atthat. At the start of the US session, the market is indecisive. Therecould be a quick correcti Thu, 11 Mar 2010 18:56:56 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20323 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20323 Thursday, March 11, 2010 11:29:33 AM Continuing Claims: 4.500Me v 4.500M prior - (CA) Canada Q4 Capacity Utilization: 70.0%e v 67.5% prior - (CA) Canada Jan New Housing Price Index M/M: 0.4%e v 0.4% prior - (CA) Canada Jan Intl Merchandise Trade: Thu, 11 Mar 2010 16:50:45 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20322 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20322 Mar 11 (global-view.com) UPCOMING DATA HIGHLIGHTS: On Friday, the Far East sees Japanese Industrial Output. In Europe, Eurozone industrial Production is due. In North America, Canadian employment is due. The U.S. releases Retail Sales, the University of Michigan survey and Business Inventories. 4:30JAJanr Ind Outn/a2.50%10:00EZJan Ind Prod mm0.70%-1.70%10:00EZJan Ind Prod yy-1.90%-5.00%12:00CAFebEmployment k204312:00CAFebRate8.30%8.30%13:30USFeb Retail Sls0.20%0.50%13:30USFeb R/S x-auto0.20%0.60%14:55US Thu, 11 Mar 2010 16:05:33 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20321 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20321 The euro depreciated vis--vis the U.S. dollar today as the single currency tested bids around the US$ 1.3620level and was capped around the $1.3685 level. Second, there is a concern that sovereigncredit risks could intensify and spread to other highly indebted eurozonecountries including Portu Thu, 11 Mar 2010 15:31:41 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20320 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20320 Key News China Inflation, Production Accelerate, Adding Pressure for Stimulus Exit (Bloomberg) Greece Paralyzed by Strikes as Unions Protest Against Plan to Cut Deficit (Bloomberg) LONDON, March 11 (Reuters) - Britons' expectations for from the Bank of England showed on Thursday. ZURICH, March 11 (Reuters) - The Swiss National Bank will likely leave interest rates ultra-low and stick with its threat of intervention at a policy review on Thursday, as it tries to balance optimism over growth with risks from a strong currency. The central bank is expected to raise its growt Thu, 11 Mar 2010 15:30:33 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20319 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20319 U.S.equity markets are expected to open weaker this morning but off their lows.Last nights news that Chinasinflation was higher than expected, fueled speculation of a rate hike whichhelped drive down demand for higher yielding assets. The lack of follow-thoughto the downside has triggered a short-covering rally which is helping to boostequity prices from their overnight lows. Yesterday the March E-mini S The overnight rally from its low and buildingmomentum could trigger another test of this level today. The daily swing chartsuggests a breakout over this level will ignite a rally to 1156.00 by March12th. and amp Thu, 11 Mar 2010 15:01:18 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20318 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20318 U.S.equity markets are expected to open weaker this morning but off their lows.Last nights news that Chinasinflation was higher than expected, fueled speculation of a rate hike whichhelped drive down demand for higher yielding assets. The lack of follow-thoughto the downside has triggered a short-covering rally which is helping to boostequity prices from their overnight lows. Yesterday the March E-mini S The overnight rally from its low and buildingmomentum could trigger another test of this level today. The daily swing chartsuggests a breakout over this level will ignite a rally to 1156.00 by March12th. and amp Thu, 11 Mar 2010 14:59:32 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20317 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20317 (Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.)3/11/2010 GOLD Recent bearish price action on spot gold, a daily chart of which is shown, has prompted a correction back down to the long-term uptrend support line. This bearish correction occurs right after price reached a high of around 1145 just last week. As of Thursday (3/11/2010) morning New York session, price is hovering right around the key trendline. In the event of continued bearish momentum that breaks down below this trendline (currently around the 1100 pric Thu, 11 Mar 2010 14:59:24 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20316 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20316 USD-CHF @ 1.0697/700...SNB Meeting today R: 1.0737-54 / 1.0802 / 1.0830-51S: 1.0677-50 / 1.0623 / 1.0549The SNB Meeting has been delayed and is now scheduled today at 1300 GMT.Swiss has dipped below 1.0700 and may test the strong Support in the region of 1.0677-50, however, a break below this might increase the chances of a fall towards 1.0560-50. On the upside we see a Resistance near 1.0737-54 region, a break above this looks unlikely today save some surprises in SNB Meeting. Largely, it has been trading in the range of 1.0650-1.0890 for the last 3 weeks and we may see the pair move beyond this in the coming sessions post the Meeting scheduled today.Holding:USD 10K Long @ 1.0730, SL 1.0670, TP openLimit Buy:USD 10K Long @ 1.0560 Thu, 11 Mar 2010 12:42:36 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20315 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20315 6:40am EST* Euro steadies vs dlr, yen; China tightening concerns ease* SNB policy decision eyed; EUR/CHF earlier hit 1-month low* Aussie recovers; NZ dollar falls after RBNZ(Updates prices, adds quotes)By Jessica MortimerLONDON, March 11 (Reuters) - The euro steadied against the dollar and the yen in quiet trade on Thursday, recovering from earlier falls after strong Chinese data fuelled expectations of possible further monetary tightening by Beijing.Chinese inflation rose to a 16-month high and other economic data showed broad-based strength, boosting safe-haven flows into the yen and dollar against the euro and perceived riskier assets. [ID:nTOE6290B5]The yen's rally later fizzled out, however, as the market took the v Thu, 11 Mar 2010 11:52:37 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20314 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20314 Thursday, March 11, 2010 5:58:49 AM Forex Re Thu, 11 Mar 2010 11:08:08 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20313 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20313 The Daily Forex ViewSteady Trade into Data 11:00 GMT- Mar 11(global-view.com) Trading seems to have gotten off to a cautious start Thursday heading into North American trading hours. A key question for day-traders may be whether the EURUSD can...MORE... Thu, 11 Mar 2010 10:45:21 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20312 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20312 ForexPros Daily Analysis March 11, 2010Fundamental Analysis: Retail SalesTraders of the US anticipate the publication of the Retail Sales. The Retail Sales is a monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes in the US. It is an important indicator of consumer spending and also correlated to consumer confidence and considered as a pace indicator of the US economy .A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Analysts predict a reading of -0.10%.---Euro Dollar The Euro confirmed it is building the triangle that we suggeste Thu, 11 Mar 2010 10:32:19 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20311 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20311 GOOD MORNING!EQUITIESThe US Equities closed higher after a volatile session yesterday. The Dow (10567.33) closed flat while the Nasdaq (2358.95) closed up 0.78%. The Dow is unable to break above the current Resistance level at 10572.57 for some days now, but we are optimistic about the chances of an upmove in the coming trading sessions, with an immediate target of 10700 on a break above the current Resistance level.The Asian Equities are mixed today. The Nikkei (10658.16) is up 0.89% on account of speculation of recovery in the Japanese economy. The Nikkei may rise to 11000 if it continues to close above 10500-600 in the days ahead. The Shanghai (3038.689) is down 0.34% on account of concerns over inflation in the Chinese economy and h Thu, 11 Mar 2010 04:52:08 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20310 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20310 U.S.equity markets finished higher after showing the first sign of volatility inseveral weeks. After a strong early session rally, selling pressure hit themarket after the March E-mini SJune Treasury Bonds traded lower after breaking through akey 50% level at 11504. The subsequent follow-through weakness drove themarket down to 11527 which came close to testing the .618 retracement l Thu, 11 Mar 2010 00:44:37 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20309 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20309 The U.S. Dollar was mixed in light trading at the close inan unusual day as the normal correlations between the Dollar, gold and equitiesat times were not working. The lack of major U.S. economic reports this week isstill influencing the trade although this will change with Thursdays WeeklyInitial Jobs Claims Report. The easing of fina Thu, 11 Mar 2010 00:44:15 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20308 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20308 The euro appreciated vis--vis the U.S. dollar today as the single currency tested offers around the US$ 1.3675level and was supported around the $1.3545 level. Data rele Thu, 11 Mar 2010 00:43:12 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20307 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20307 5:11pm EST* C$ ends at 97.48 U.S. cents, 9th straight up day* Backtracks after hitting highest level since October* Increased view that C$ could test parity* Bonds fall as eyes on supply calendar (Adds details)By Ka Yan NgTORONTO, March 10 (Reuters) - The Canadian dollar ended stronger for a ninth straight session against the U.S. dollar after touching its highest level in almost five months on Wednesday, helped by talk it is set to test parity with the greenback.Boosted by firm oil prices and the prospect of rising Canadian interest rates, the currency extended as high as C$1.0216 to the U.S. dollar, or 97.89 U.S. cents, before retreating.It closed at C$1.0259 to the U.S. dollar, or 97.48 U.S. cents, up slightly from C$1. Wed, 10 Mar 2010 23:02:55 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20306 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20306 The Daily Forex ViewPrice Action Dominates 21:00 GMT- Mar 10(global-view.com) Wednesday was an interesting session, as it was another light day on the U.S. data front. On slow data days, traders often revert to either the risk on or risk off trade... MORE... Wed, 10 Mar 2010 20:47:08 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20305 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20305 EUR/GBP Exhaustion or Breakout Daily and 4H: The EUR/GBP pair is nearing/testinga long-term declining resistance from a large congestion pattern. Youcan see this more clearly in the weekly.The stochastic in both the Daily and 4H charts are overbought buthas not shown signs of reversal yet. In anticipation, we have severalpossible scenarios, breakout or exhaustion. Exhaustion is a strongsecond attempt that might seem to break out, but turn into clear-outaction.Its probably best to be prepared for both. The 0.9150 level isimportant. A strong break above suggests furter rally first to 0.94,then possibly 0.96 (see in weekly).Otherwise, it tops off and returns into the triangle seen inweekly. Then a break below the Wed, 10 Mar 2010 20:37:34 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20304 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20304 USD/JPY to Test Declining Resistance Daily and 4H: The USD/JPY is showing continuing bullish attempt towards the declining resistance.After holindg 88.00, the pair bounced and paused first after a61.8% retracement at 90.70. After a short correction to 89.75, the pairis rallying again.The current rally may see resistance at the 91.30-91.50 area. Thisis the 78.6% retracement of the previous swing, and a 61.8% retracementof a larger scale decline.The declining trendline is an important line to break if the market is to be bullish in the intermediate and long term.So far, bullish attempts have been limited to the short-term context within a long-term decline.In fact, if there is topping action near 91.30, further decline to war Wed, 10 Mar 2010 20:36:07 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20303 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20303 Morning Report Thursday 11 March 2010 P500 is up 0.4%, just shy of its one year high (set in Jan) and banks are 2.1% higher. The CRB commodities index is down 0.4% (oil a notable exception at +0.1%), copper -1.4%, and gold -1.3%. US treasuries are 2-3bp higher in yield, but were even weaker prior to the 10yr auction which was well bid by all measures. The US dollar is little changed since the previous NY close at around 80.50, but did spike to 80.85 early Europe, and dip to 80.30 in NY. The spike was Wed, 10 Mar 2010 19:29:49 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20302 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20302 California Dreamingmore like Fiscal NightmareThe BLS today listed Californias unemployment rate in January at 12.5%, up from12.3% in December and only just less than Rhode Island, South Carolina and Nevada rates (Puerto Rico, aterritory as opposed to a state, l Wed, 10 Mar 2010 18:27:21 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20301 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20301 Wednesday, March 10, 2010 11:31:21 AM Distillate: -2.2M v -1Me Utilization: 80.7% v 81.9%e - Some late equity strength in Europe plus very strong gains among US bank stocks carried US indices higher this morning. The secondary US economic data was not particularly good, however. Volume in the NY Wed, 10 Mar 2010 16:40:13 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20300 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20300 (Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.)3/10/2010 AUD/USD Though technically still entrenched within a sideways consolidation, AUD/USD (a daily chart of which is shown) has displayed a marked bullishness since the early February low. This bullishness has prompted the pair to rise above several key resistance levels to the point where the 15-month high just above 0.9400 is not far off. During the course of the bullish move from the February low, price has formed a well-defined uptrend support line. Currently, A Wed, 10 Mar 2010 16:06:47 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20299 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20299 Mar 10 (global-view.com) UPCOMING DATA HIGHLIGHTS: Later today, the Reserve Bank of New Zealand is expected to hold rates steady until next month. Thursday sees Japanese 4Q09 GDP. In Australia, the key employment report is due. Europe will see the SNB policy decision. In North America, Canadian trade is due. The U.S. releases Trade data, weekly employment data, weekly natural gas inventories and a 30-year auction. 20:00NZRBNZ 2.50%unchunch23:50JA4Qr GDP pa4.10%4.60%Rate (0.25%) Wed, 10 Mar 2010 16:02:37 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20298 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20298 Key News German exports posted their biggest drop in a year in January, throwing the economy's main growth engine into reverse at the start of 2010, but a surge in orders suggests the decline will be temporary. (Reuters) Australian home loans fell the most in nearly eight years in January. (Reuters) Remember, macr Wed, 10 Mar 2010 15:29:28 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20297 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20297 U.S.equity markets are trading firm overnight after yesterdays surge to theupside. Buying pressure dried up late in the session, but no damage was done tothe uptrend. Volatility is falling which is making traders appear complacent.This could be both good and bad. On the good side, it could mean traders aregaining confidence in the recovery which will send prices higher. On the badside, too much complacency leaves the markets vulnerable to a bearish surpriseor could trigger the start of a sizeable correction. At this time lets justfocus on the trend and determine what it is telling us. The main trend is up inthe March E-mini SP 500. The swing chart indicates 1156.00 is the nextupside target by March Wed, 10 Mar 2010 15:02:34 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20296 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20296 Firmer stock indices, gold and crude oil are indicating thattrader demand for risk could be up today which could pressure the Dollar versuscommodity-linked currencies.The EUR USD had a rocky night but has recovered all of itsearlier loss and is now trading better. Downside pressure has eased since Greecehas agreed to implement budget cuts. Traders are also becoming more optimisticthat some sort of bailout package announcement is imminent. The ability to turnpositive Wed, 10 Mar 2010 15:02:15 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20295 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20295 USD-CHF @ 1.0741/44...Holding long R: 1.0802 / 1.0830-51 / 1.0886S: 1.0722 / 1.0684 / 1.0650Swiss touched a high of 1.0794 and has come down from there. We may see the pair test the immediate Resistance level at 1.0802 in the US Session today, but a break above it looks distant.On the downside, 1.0722 is seen as the immediate Support level and may be honoured in the US Session today, however we see less chances of a break below it.Overall, we see some volatility in the pair but the outer levels remain the same as mentioned in our Morning Comments ie 1.0722-1.0802. Largely, it has been trading in the range of 1.0650-1.0890 for the last 3 weeks and we may see the pair move beyond this range in the sessions post the SNB Meeting, schedu Wed, 10 Mar 2010 12:45:44 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20294 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20294 5:53am EST* Euro, pound under pressure* Pound also weakened by surprise drop in industrial output* Sterling drops to one-week low of $1.4855 fell to an 11-month low.By 1023 GMT, sterling was down 0.6 percent at $1.4909, after falling to Wed, 10 Mar 2010 11:10:19 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20293 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20293 Wednesday, March 10, 2010 5:53:41 AM 0.6% v 0.4%e - (GE) Germany Feb Final CPI EU Harmonized M Wed, 10 Mar 2010 11:08:03 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20292 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20292 ForexPros Daily Analysis March 10, 2010Fundamental Analysis: Trade BalanceTraders of the US anticipate the publication of the Trade Balance index. Theindex measures the difference in worth between exported and imported goods(exports minus imports). This is the largest component of a country'sbalance of payments.Export data can give reflection on the US growth. Imports provide anindication of domestic demand.Because foreigners must buy the domestic currency to pay for the nation'sexports, it may have sizable affect on the USD.A higher than expected reading should be taken as positive/bullish for theUSD, while a lower than expected reading should be taken as negative/bearishfor the USD. Analysts predict a re Wed, 10 Mar 2010 10:55:24 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20291 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20291 The Daily Forex ViewFocus on Price Action Again 11:00 GMT- Mar 10(global-view.com) Wednesday will be another light day on the data front out of the U.S. With little economic news to trade on, dealers should be looking to share prices and the other so-called risk trades for guidance...MORE... Wed, 10 Mar 2010 10:51:24 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20290 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20290 GOOD MORNING! EQUITIESThe US Equities ended higher yesterday. The Dow (10564.38) closed up 0.11% and the Nasdaq (2340.68) closed up 0.36%. The Dow looks up and may move towards 10700 in the coming sessions.The Asian Equities are trading lower today. The Nikkei (10559.05) is trading down 0.08% post a 3.7% drop in Japans machinery orders in January 2010 as against a jump of 20.1% in December 2009. The Nikkei is finding it difficult to break above the current Resistance region and may honour it in the coming sessions. The Shanghai (3058.972) is trading down 0.34% and the HangSeng (21172.12) is trading down 0.17%. The Sensex (17052.54) closed down 0.29% yesterday and is at a crucial Support level near 17000, a break below this may render Wed, 10 Mar 2010 03:43:59 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20289 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20289 The euro depreciated vis--vis the U.S. dollar today as the single currency tested bids around the US$ 1.3535level and was capped around the $1.3635 level. European Union ministers will convene nextweek to deliberate the next steps in the Gree Wed, 10 Mar 2010 00:27:57 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20288 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20288 The U.S. Dollar finished higher on Tuesday against mostmajor currencies in another round of light trading. Traders opened the New York session averseto risk, but shifted this sentiment a few times during the day session. TheDollar bent at times, but never broke.The Euro was down early as traders took a more cautious viewof the Euro Region economy now that the fiscal problems in Greece havesubsided. Traders are citing the possibility of an uneven recovery in theeconomy as one of the rea Wed, 10 Mar 2010 00:18:53 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20287 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20287 4:00pm EST* Risk aversion and repatriation flows boost yen* Ratings agency comments weigh on sterling, euro* China's commitment to buy Treasuries helps dollar (Adds details, updates prices)By Vivianne Rodrigues and Nicholas OlivariNEW YORK, March 9 (Reuters) - The yen gained broadly on Tuesday amid Japanese repatriation flows, while the euro declined on concerns that peripheral euro zone economies could face debt problems similar to those of Greece.Appetite for risk had been boosted by Friday's stronger-than-expected U.S. employment report, pushing the yen down to two-week lows versus the euro and the dollar.Comments from Fitch Ratings on Portugal's austerity measures on Tuesday, however, prompted a comeback for the yen and Tue, 09 Mar 2010 22:12:55 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20286 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20286 3:39pm EST * Canadian dollar edges up to 97.37 U.S. cents * C$ touches highest level in more than 7 weeks * Bonds mixed By Ka Yan Ng TORONTO, March 9 (Reuters) - The Canadian dollar rallied toturn slightly higher versus the U.S. dollar on Tuesdayafternoon as the price of oil pared earlier losses and NorthAmerican equity markets offered a mixed performance. There was some cautious movement on stock markets, often abarometer of risk appetite for the Canadian dollar. [.TO][.DJI] [.N] A steady drumbeat of corporate news lifted specific stockson the anniversary of U.S. markets hitting 12-year closinglows, while in Toronto, the main index was down moderately onweakness in resource issues. Still, the commodity-linked currency blo Tue, 09 Mar 2010 22:11:38 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20285 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20285 GBP/USD Another Bearish Swing? Daily and 4H: The GBP/USD broke below a short-term rising channel support, whichyou can see in the 4H chart. A swing projection in the 4H chart matchesthe 200% expanded swing projection of a larger scale move. Bothtargeting below 1.45, near 1.44/1.4380.The stochastic failed to roll up from the oversold region in the daily, and in the 4H time-frame was very sharp in decline.However looking at the 4H time-frame, we see that the market hasbeen quietly breaking below the powerlines. The stochastic howevershows strength because the previous rally attempts were weak as well,so relative to the last 25 bars or so, the current decline is moreconsistent so far. The beginning of the US session howe Tue, 09 Mar 2010 20:05:59 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20284 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20284 Stalking GBP/JPY Daily and 4H: We saw the GBP/JPY end last weekwith a bullish attempt, within a declining channel. This is acounter-trend rally, and a trading approach is to stalk the rally untilit has completed the correction. (Refer to Weekly Technical Update 3.5.2010; last pair)The rally reversed at 137.50 area and is now testing 134.0, previous resistance now tested as support.I have a feeling there could be another rally attempt if 134.0 indeed holds.Then at the 136.13 are the truth would be told. A break abovesuggests a swing projection towards 138 and possibly the 138.80 area.If it holds, the market will be in a congestion pattern (triangle).Fan Yang Currency AnalystCommodity Trading AdvisorInformation and Tue, 09 Mar 2010 20:00:17 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20283 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20283 The Daily Forex ViewPartial Risk Onfocus has turned elsewhere... MORE... Tue, 09 Mar 2010 19:52:55 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20282 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20282 Tuesday, March 09, 2010 11:30:26 AM Core CPI M/M: 0.4% v 0.4%e - US markets opened a hair lower on weakness in Europe after another morning with little economic data to speak of. Today is the one-year anniversary of the 2009 stock market bottom. A year ago the S Tue, 09 Mar 2010 16:36:37 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20281 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20281 Mar 9 (global-view.com) UPCOMING DATA HIGHLIGHTS: Wednesday sees two key Japanese releases with Corporate Goods (wholesale prices) and machinery orders slated. Europe will see German trade and U.K. Manufacturing and industrial output figures. In North America, U.S. wholesale inventories and weekly energy surveys will be released. 23:50JAJan Mach Ordsn/a20.10%23:50JAFeb CGPI mm0.10%0.30%23:50JAFeb CGPI yy-1.50%-2.10%7:00DEJan Trade EURb16.016.79:30UKJan Ind Out mm0.30%0.50%9:30UKJan Ind Out yy-0.80%-3.60%9:30UKJan Mfg Out Tue, 09 Mar 2010 16:34:44 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20280 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20280 (Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.)3/09/2010 USD/CHF Price action on USD/CHF, a daily chart of which is shown, has consolidated in a tight, slightly bearish consolidation right underneath a key long-term downtrend resistance line extending from the 2008/09/10 high hit in November 2008. Since recently hitting this trendline in mid-February, price has bumped up against it several more times without breaking the dynamic resistance imposed by the line. Currently, since the lows around parity (1.0000) in early Tue, 09 Mar 2010 16:14:52 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20279 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20279 USD-CHF @ 1.0783/86...100 Week MA Resistance at 1.0851 R: 1.0802 / 1.0830-51 / 1.0886S: 1.0750-29 / 1.0707 / 1.0686-67Swiss has broken the Resistance near the region of 1.0745-61 mentioned in the morning and is looking strong. There is a trendline Resistance on the monthly charts at 1.0802, which may be honoured in the US Session today. A break above this may take it towards the 100 Week MA Resistance at 1.0851 in the coming sessions. On the downside, there is a Support in the region of 1.0750-29, a fall below which may lead to the next Support level at 1.0707. However, we do not expect a break below the immediate Support region in the US Session today.Overall, we expect a movement in the range of 1.0750-1.0830 in the US Session today Tue, 09 Mar 2010 14:31:27 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20278 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20278 Key News Yuan Faces Pressure for Appreciation on China's Interest-Rate Gap, Yi Says (Bloomberg) LONDON, March 9 (Reuters) - Britain's goods trade deficitwith the rest of the world unexpectedly widened in January to its biggest since August 2008, raising further concerns about the strength of the country's broader economic recovery. move for South Africa t Tue, 09 Mar 2010 14:19:46 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20277 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20277 The lack of major economic reports today means the directionof the Dollar is likely to exert more influence on the U.S. equitymarkets. With the Dollar up overnight because of risk aversion, traders areselling equities. Yesterdays tight trading range and lack of follow-throughduring the New Yorksession may have been indications that the stock markets are overbought. Thedaily March E-mini SJune Treasury Bonds are trading better overnight as tradersshift money out of higher risk assets and into the lower-yielding, lower riskTreasuries. In addition, short-term support has been reached at a 50% level at11 Tue, 09 Mar 2010 14:19:09 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20276 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20276 The U.S. Dollar is trading higher this morning against mostmajor currencies except the Japanese Yen as traders have turned against riskand are seeking shelter in lower yielding assets. The overnight strength in theDollar is being attributed to heavy selling pressure on the Euro and BritishPound. They are worried that the European Central Bank faces too many upcomingchallenges regarding growth and inflation to trigger a reasonable appreciation Tue, 09 Mar 2010 14:18:11 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20275 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20275 ForexPros Daily Analysis March 9, 2010Fundamental Analysis: JPY - GDP (QoQ)Traders anticipate the publication of the Gross Domestic Product (GDP). It is the broadest measure of economic activity and is a key indicator for the economy's health. The quarterly percent changes in GDP shows the growth rate of the economy as a whole.A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY. Analysts predict a reading of 1.00%.---Euro DollarThe slightly surpassed 1.37, but only to retreat right after. We believe that the most important thing that happened in the past 24 hours is the Euros inability to overcome Tue, 09 Mar 2010 11:18:35 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20274 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20274 5:57am EST * Equity market losses prompt demand for Japanese currency * Repatriation flows also boosting yen * Sterling knocked on ratings agency comments (Updates prices, adds quote, detail) By Neal Armstrong LONDON, March 9 (Reuters) The yen gained broadly on Tuesdayas equity markets fell, prompting a pullback in risk trades anda move into the low-yielding Japanese currency. Risk appetite had been boosted by Friday's better-than-expected U.S. employment report, pushing the yen down totwo-week lows versus the euro and the dollar. But a pullback in global equity markets on Tuesday hadprompted a reversal of fortunes for the yen. With equities drifting lower and U.S. stock futures in thered, the yen has made gains. Risk av Tue, 09 Mar 2010 11:06:42 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20273 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20273 The Daily Forex ViewJPY in Demand(global-view.com) With little to trade on in the early part of this this week in the way of U.S. economic news, the focus has turned elsewhere...MORE... Tue, 09 Mar 2010 11:02:34 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20272 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20272 Tuesday, March 09, 2010 5:52:24 AM Y/Y: 5.7% v -1.5%e - (SZ) Swiss Feb CPI M/M: 0 Tue, 09 Mar 2010 10:56:43 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20271 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20271 GOOD MORNING! EQUITIESThe US Equities were mixed yesterday. The Dow (10552.52) closed down 0.13% while the Nasdaq (2322.21) closed up 0.25%. The Dow has closed just above the Resistance region of 10500-50 and if this is broken strongly we may see a rise towards 10700, the next Resistance level, in the coming sessions.The Asian Equities are trading mixed this morning. The Nikkei (10558.04) is down 0.26%, the Shanghai (3048.025) is down 0.17% while the HangSeng (21215.53) is up 0.09%. The Nikkei is trading near the Resistance region of 10500-50 and it needs to be seen whether it breaks it strongly in the sessions ahead. The Sensex (17102.60) closed up 0.64% yesterday. It is moving closer to the Reistance level near 17500 we have been ment Tue, 09 Mar 2010 03:50:20 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20270 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20270 The euro appreciated vis--vis the U.S. dollar today as the single currency tested offers around the US$ 1.3705level and was supported around the $1.3605 level. FrenchPresident Sarkozy also faces a difficult challenge politically with manypundit Tue, 09 Mar 2010 00:11:45 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20269 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20269 U.S.stock indices treaded water all morning following an overnight rally that wasprompted by greater demand for higher risk assets. At the mid-session, theDollar mounted a slight recovery but was not able to hold unto gains into theclose. This helped boost equity prices late in the trading session, but themarket still remained in a tight range. The strengthening Dollar helped to drive April Gold and JuneCrude Oil lower. Liquidation may have been taking place in gold by traders Mon, 08 Mar 2010 23:42:09 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20268 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20268 The U.S. Dollar had a choppy, directionless day. The lack ofevent risk was likely the main reason for this as well as the easing of theGreek fiscal crisis. Trading could continue in a similar manner over the nextfew days because the first major report, Weekly Jobless Claims, is not due outuntil Thursday. This will be followed by the Retail Sales Report on Friday.The strong rally into the Mon, 08 Mar 2010 23:41:28 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20267 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20267 Morning Report Tuesday 9 March 2010 News and views The evening sessions were quiet eventwise, and risk markets consolidated their recent gains, with minor activity seen in currencies. The SP500 is currently up 0.1%, having fluctuated little in the session so far, and European equities were similarly subdued. Commodities were also little changed, oil +0.2%, and copper -0.1%, although gold lost 1.0%, perhaps on the abatement of European concerns. US 10yr notes added 3bp in yield, supply concerns this week ($74bn will be auctioned) cited. The US dollar is slightly firmer since the Sydney close, from 80.10 to 80.50. The Greek PM's comment that a spread of Greece's crisis would mean a lower euro was a likely factor. EUR fell from Mon, 08 Mar 2010 22:14:55 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20266 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20266 4:29pm EST * Canadian dollar closes in on seven-week high * Bonds lower across the curve * Canada housing starts up 6.1 pct, more than expected By Ka Yan Ng TORONTO, March 8 (Reuters) - The Canadian dollar hit itshighest level against the U.S. dollar in nearly seven weeks onMonday, driven by firmer oil prices and growing evidence thatthe domestic economy is recovering. Closing higher for a seventh straight session, the Canadiandollar was confined to a muted 44-basis-point range with abrief run to session highs after data showed Canadian housingstarts rose a stronger than expected 6.1 percent in February.[ID:nN08168275] The commodity-linked currency was also lifted by a rise inoil prices, an important Canadian export, to ne Mon, 08 Mar 2010 22:03:08 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20265 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20265 4:19pm EST* Sarkozy comments help euro on receding Greek concerns* Greek PM remarks capping euro gains* China hints it may allow yuan appreciation in future* Aussie, New Zealand dollars trading higher (Updates prices, adds comment)By Gertrude Chavez-DreyfussNEW YORK, March 8 (Reuters) - The euro rose slightly against the dollar on Monday as concerns about Greece's fiscal crisis eased after French President Nicolas Sarkozy said there are plans to support the debt-strapped country, if necessary.For Sarkozy's Sunday remarks, click on [ID:nPAB008209]Gains in the euro, however, were limited after Greek Prime Minister George Papandreou on Monday warned that if the Greek crisis worsened it could lead to a new global financial m Mon, 08 Mar 2010 22:02:05 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20264 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20264 The Daily Forex ViewFresh View?(global-view.com) Today it had appeared that the markets were taking a fresh look, but there was not much new to trade on. Furthermore, the calendar for the rest of the week looks pretty thin MORE... Mon, 08 Mar 2010 20:12:46 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20263 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20263 GBP/USD Near-term Outlook 4H: Looking at the GBP/USD in the near-term, wesee that the market is in a correction from the previous downswing. Sofar, some resistance at 50% and test of SMA 50, as well as stochasticcrossover in the overbought zone.The market can still continue to rally to 61.8% reracement area, oreven 153.50 to test the previous powerline. However, we can see thatthe market is already testing a minor powerline at 1.52. So letsstalking this current near-term decline and see what scenarios mightarise.1H: Looking at the 1H chart, we see that indeedthere is a retracement from correction swing of last Friday. Priceaction broke below a powerline near the 38.2% retracement, and suggestsfurther decline. Mon, 08 Mar 2010 17:56:22 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20262 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20262 Mar 8 (global-view.com) UPCOMING DATA HIGHLIGHTS: On Tuesday, Swiss CPI data are due. U.K. trade figures are slated as well. In North America, only the weekly API energy estimates are scheduled. CPI yy1.00%1.00%9:30UKJan Trade GBP bn-7.00-7.289:30USAPI Energyn/an/a Mon, 08 Mar 2010 17:18:23 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20261 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20261 Monday, March 08, 2010 11:23:30 AM while there have been no economic data releases to speak of. Crude is around even at $82, while gold is essentially unchanged at $1,135. President Obama is scheduled to speak on healthcare later this morning, with indications that the president will excoriate the health insurance industry as part of his on Mon, 08 Mar 2010 16:27:44 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20260 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20260 (Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.)3/08/2010 GBP/USD Price action on GBP/USD, a daily chart of which is shown, has made a bullish correction since the beginning of March after having dipped well below the key 1.5000 psychological level on March 1st. This bullish correction exists within the context of a steep accelerated downtrend in the pair. After having corrected up to approach the 1.5200 price region, the directional bias continues to be bearish in line with the strong current downtrend. The key price Mon, 08 Mar 2010 16:13:56 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20259 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20259 Key News European governments, led by France and Germany, are set to establish a European Monetary Fund, or EMF, with the aim of reducing economic instability across the eurozone by creating an institution to bail out indebted countries. (UK Times) Now that global recovery is gaining momentum, acc Mon, 08 Mar 2010 14:28:51 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20258 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20258 U.S.equity markets are expected to open better this morning due to a pick-up indemand for higher yielding assets. Investors are also feeling more confident inthe long side following last Fridays better than expected Non-Farm PayrollsReport. The lack of fresh major economic news until at least Thursday couldkeep the indices on course for further upside action. The daily March E-miniSJune Treasury Bonds are expected to be under pressure today.Traders are still adjusting positions following last Fridays improved jobsnews. Investors are factoring in the prospect of an interest rate hike by theFed before the end of Mon, 08 Mar 2010 14:24:01 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20257 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20257 The U.S. Dollar is under pressure overnight against mostmajor currencies except the Japanese Yen. Trading has been light and lessvolatile than last weeks trading conditions. Shortly before the New York sessionopening, the Dollar is mounting a slight comeback and trading off its lowsagainst a few of its majors.Risk appetite was up overnight, driven by strong demand fromAsia, favoring riskier, higher yieldingcurrencies. This is helping to drive up the AUD USD an Mon, 08 Mar 2010 14:22:29 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20256 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20256 USD-CHF @ 1.0715...Buy dipsR: 1.0727-53 / 1.0767-81 / 1.0854S: 1.0680 / 1.0647-37 / 1.0541-64Swiss bounced back from the Support of 1.0677 mentioned in the morning and has traded in the range of 1.0675-730 in the Asian Session today. It has an immediate Resistance in the region of 1.0727-53 a break above which may lead it towards 1.0767-81. On the downside, immediate Support is seen near 1.0680, which may be honoured during the US Session. Overall, we expect a movement within a range of 1.0650-1.0781 in the US Session today, with higher chances of a move towards the upper end of this range.The SNB Meeting is scheduled on Thursday, we expect a movement in the range of 1.0650-850 till then. However, a break above the 100 Week MA (1.0850 Mon, 08 Mar 2010 12:43:59 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20255 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20255 Economics Weekly 8 March 2010The travails of Ireland and, more recently, Greece have turned the spotlight back on the sovereign credit markets.Since November last year, sovereign credit spreads in Greece have widened sharply amid growing fears that the countrys fiscalproblems could precipitate a prolonged economic stagnation or a sovereigndefault. It is not only Greece, however, that has been affected. Fears of contagion have pushedthe spreads of other countries higher, particularly those perceived to haveweak fiscal positions. In this weekly we look at some of the main measures ofsovereign credit risk and assess what they imply Mon, 08 Mar 2010 11:47:34 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20254 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20254 6:03am EST* Yen, dollar weaker, high-yielding currencies up* US jobs data lifts risk demand; Sarkozy comments help euro* Aussie hits 6-week high vs US dollar, helped by MA news(Updates prices, adds quotes)By Jessica MortimerLONDON, March 8 (Reuters) - The yen and the dollar fell against the euro and higher-yielding currencies on Monday as Friday's above-forecast U.S. jobs data and easing concerns over Greek debt lifted investor demand for risk.The euro gained after supportive comments by key policy makers on euro zone debt issues, with French President Nicolas Sarkozy promising on Sunday that euro zone countries would help Greece if its financial problems worsened. [ID:nPAB008209]International Monetary Fund mana Mon, 08 Mar 2010 11:08:57 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20253 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20253 Monday, March 08, 2010 5:45:51 AM Indust Prod NSA Y/Y: 12.1% v 15.5%e - (SZ) Swiss Jan Real Retail Sales Y/Y: 4.4% v 2.3%e - (HK) Hong Kong Feb Foreign Curren Mon, 08 Mar 2010 11:05:58 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20252 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20252 The Daily Forex ViewA New Week-- Fresh View 11:00 GMT- Mar 8(global-view.com) It could be that the February monthly U.S. employment data released on Friday has been a game changer for the markets. Traders had been set up for a significantly weaker report...MORE... Mon, 08 Mar 2010 11:00:00 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20251 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20251 ForexPros Daily Analysis March 8, 2010Fundamental Analysis: GBP - Trade BalanceEuropean traders anticipate the publication of the Trade Balance index. The index measures the difference in worth between exported and imported goods (exports minus imports). This is the largest component of a country's balance of payments. Export data can give reflection on the UK growth. Imports provide an indication of domestic demand. Because foreigners must buy the domestic currency to pay for the nation's exports, it may have sizable affect on the GBP. A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP. Analysts predict Mon, 08 Mar 2010 10:36:32 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20250 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20250 GOOD MORNING! EQUITIESLast week was good for the US Equities. The Dow (10566.20) was up about 2.33% and the Nasdaq (2326.35) was up 3.94%. Return of Large Corporate buyouts, easing concerns over the Greek Economy and some good data releases were the basic reasons for the upmove. The Dow is at a significant Resistance level and a break above this may take it towards 11000 in the days ahead. The Asian Equities have opened higher today. The Nikkei (10551.30) is up 1.76% and is at a significant Resistance level which we have been mentioning for some days now, a strong break above this may take it towards 11000 in the days ahead. The Shanghai (3050.287) is up 0.63% and has a strong Resistance near 3100-25 region, which may be tested in the d Mon, 08 Mar 2010 03:46:29 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20249 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20249 Morning Report Monday 8 March 2010 News and views Friday evening was the stronger than expected US payrolls report. Equities rallied on the news (SP500 +1.4%, US banks +2.5%), as did commodities (CRB +0.8%, oil + 1.6%, copper+1.2%) and risk currencies, although the US dollar's reaction was mixed. US Treasury yields rose, the 2yr +4bp, the 10yr +8bp. Notably, US 3mth Libor maintained its crossover with JPY Libor, after sitting lower since August, and raises the profile of the yen as a funding currency. A late data release showed US consumer credit is stabilising. In weekend news, White house adviser (and former Fed hawk) Paul Volcker spoke against exiting monetary and fiscal stimulus while unemployment remained high. The meeting Sun, 07 Mar 2010 21:46:45 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20248 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20248 U.S.stock indices rallied sharply higher following the release of better thanexpected U.S. Non-Farm Payrolls Report. Investors drove up stock prices on thebelief that the jobs data indicates an improving economy. News that the Greekparliament approved its current budget cuts and tax increases helped drive updemand for higher risk assets as it indicated that a financial crisis in theEuro Zone may have been averted. Technically, the daily swing chart indicates apossible move in the March E-mini SJune Treasury Bonds finished sharply lower after the betterthan expected jobs report signaled that the economy was improving, bringing theFed closer to hiking interest Sat, 06 Mar 2010 00:02:11 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20247 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20247 The EUR USD finished the day higher after the Greekparliament approve a package of budget cuts and tax increases. These financialreforms prompted Greecesprime minister to state that it wouldnt need aid from other European Unionmembers. This was probably a response to reports from earlier in the weeksuggesting that Germany and France stoodready to provide aid to the struggling nation.The apparent resolution of the Greece budget crisis came on theheels of a successful 10-year bond issuance. Demand for the Greek debt wasrobust although it had to pay a hefting price to encourage interest. Sat, 06 Mar 2010 00:01:41 GMT http://www.global-view.com/forex-trading-tools/research/index.html?nid=20246 http://www.global-view.com/forex-trading-tools/research/index.html?nid=20246 5:24pm EST * C$ ends at 97.04 U.S. cents, up 2 U.S. cents on the week * Bonds fall across the curve * U.S. payrolls data buoy job creation hopes By Ka Yan Ng TORONTO, March 5 (Reuters) - The Canadian dollar faded fromsix-week highs on Friday but finished a whisper stronger onrising oil prices and a flow out of the safe-haven greenbackafter better-than-expected U.S. jobs data. The payroll report, which showed fewer-than-expected jobslost in the United States during last month's snowstorms,offered more evidence of economic recovery, and bolsteredmarket confidence in taking risks with moves out ofU.S.-denominated investments. [ID:nN04107795] The market is seeing the report in a fairly favorablelight. Trying to adjust fo Fri, 05 Mar 2010 22:30:41 GMT