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30/03/15 12:30 A US PCE defl y con: 1.30% pre: 1.30%
30/03/15 12:30 A US Per Income con: 0.30% pre: 0.30%
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Mtl JP 10:12 GMT 03/30/2015  - My Profile
PBoC's Zhou , yakking over the week-end , making it clear China is well in the sending ccies into toilet war

AceTrader Mar 30: Intra-Day Market Moving News and Views (GBP/USD)
Hong Kong AceTrader 10:06 GMT 03/30/2015
Intra-Day Market Moving News and Views

30 Mar 2015 09:21GMT

GBP/USD - ...... Although the British pound opened slightly higher in NZ and gained to 1.4901 at Asian open, price fell to 1.4855 in Asian morning, then lower in tandem with euro to session low at 1.4802 in European morning. However, cable found some support there and rebounded to 1.4866 and continued to trade with a firm bias.

Bids are now seen at 1.4820/30 and more below at 1.4800/10 with stops building up above there whilst initial offers are noted at 1.4890/00, this suggests further choppy trading would be seen till NY open.

Gold and Silver
SaaR KaL 09:07 GMT 03/30/2015  - My Profile
CADJPY On Menu to Long
2 weeks GTC placed
101.8144 92.3593
102.3771 91.6444
102.9399 90.9294
103.5026 90.2145

GVI Forex john 09:06 GMT 03/30/2015  - My Profile

GVI Forex Blog 08:57 GMT 03/30/2015  - My Profile
TOP NEWS ITEMS: EZ- Unemployment, DE- flash HICP, US- Personal Income, PCE Deflator, Pending Homes Sales

Equity Markets in Risk On Posture to Start Holiday Shortened Week for Many

BT Update
gc sf 08:22 GMT 03/30/2015
MS make the following changes/orders

- AUD .7830 tp 7600 sl 7930
+ $CHF .9560 tp 1.01 sl 9460
+ $CAD 1.2510 sl 1.2410 tp 1.2800
- GBP 1.4900 sl 1.5000 tp 1.4500

((DD required))

Gold and Silver
SaaR KaL 07:48 GMT 03/30/2015  - My Profile
South Bound baby

PAR 07:29 GMT 03/30/2015
Prospects of Chinese QE boosting financial assets .

GVI Forex Blog 06:56 GMT 03/30/2015  - My Profile
- (KR) South Korea Feb Final Department Store Sales y/y: 6.6% v 7.1% prelim; Discount store sales y/y: 24.5% v 30.5% prelim ***Index Snapshot (as of 02:30 GMT)***- Nikkei225 +0.5%, S&P/ASX -1.2%, Kosp Asian Mid-session Update: PBoC Gov Zhou warns over risks of deflation; Japan industrial production falls by a wider margin ***Economic Data*** - Source

HK RF@ 03:57 GMT 03/30/2015

One can add this article too: Investors fly away from U.S. stock funds at a rate last seen in 2009.

NEW YORK (MarketWatch)—Here’s more evidence that the leave-America-for-Europe trade is alive and well among stock investors—at least for now.

U.S. stock funds have seen $44 billion in outflows in the year-to-date for their worst start to a year since 2009, said Bank of America Merrill Lynch strategists in a note Thursday. Meanwhile, European equity funds have enjoyed $46.6 billion in inflows so far in 2015, as the table below shows.

Investors fly away from U.S. stock funds at a rate last seen in 2009

AceTrader Mar 30: Intra-Day News and Views (GBP/USD) & data to be released today
Hong Kong AceTrader 01:39 GMT 03/30/2015
Intra-Day Market Moving News and Views
30 Mar 2015 00:07GMT

GBP/USD - .... Cable briefly rebounded to intra-day high of 1.4901 ahead of Asian open on Monday on news of ruling Conservative party has a 4- point lead ahead of the Labour party.

Reuters reported earlier British PM David Cameron's Conservatives have taken a 4 point lead over the opposition Labour Party on the eve of the start of official campaigning for a May 7 national election, a poll showed late on Sunday.

The poll, by ComRes for ITV News and the Daily Mail newspaper, gave the Conservatives their largest lead in the polling series since September 2010.

It put them on 36%, up 1 point from last week, Labour on 32%, down 3 points, the Liberal Democrats on 9%, UKIP on 12%, n the Greens on 5%.

Underlining how volatile the election is, an earlier poll on Sunday showed Labour Party has taken a 4 point lead over Cameron's Conservatives after the first TV encounter of the campaign.

This week will see the release of New Zealand Westpac consumer survey, German Buba monthly report, U.S. existing home sales and eurozone consumer confidence flash on Monday.

Australian CB leading index, China HSBC manufacturing PMI, German and eurozone Markit manufacturing and services PMI, U.K. CPI, PPI and RPI, U.K. DCLG house price, U.S. core CPI, Redbook, Markit manufacturing PMI and new home sales on Tuesday.

New Zealand trade balance, Swiss UBS consumer indicator, German Ifo business climate, U.S. durable goods and SNB quarterly bulletin on Wednesday.

German GfK consumer sentiment, U.K. retail sales and CBI distributive trades, U.S. jobless claims and Markit services PMI on Thursday.

Japan's household spending, CPI, unemployment rate and retail sales, U.K. Nationwide house price, Germany import price index, U.S. non-farm payrolls, unemployment rate, U.S. final GDP and University of Michigan consumer sentiment index on Friday.

the 5 Year Statute of Limitations Cuts Both Ways
dc CB 01:15 GMT 03/30/2015
a growing number of foreclosure cases filed when home prices collapsed during the financial crisis, lenders may never be able to seize the homes because the state statutes of limitations have been exceeded, according to interviews with housing lawyers and a review of state and federal court decisions.

Foreclosure to Home Free, as 5-Year Clock Expires

Forex Outlook for the Week Ahead: Expect Volatility
GVI Forex Jay Meisler 00:25 GMT 03/30/2015  - My Profile

>> Free Open Access <<

This is an event filled week but generally not one that sees big bets ahead of the long Easter break. This week also includes month.quarter end so one thing seems for sure, expect more volatility, Whether there will be follow through is another issue as we will have to wait until a thin Friday when the US March employment report is released. This comes in a market where the focus is on the timing of a Fed rate hike, which the central bank has indicated is data dependent.

Forex Outlook for the Week Ahead: Expect Volatility

dc CB 20:57 GMT 03/29/2015
This past Friday saw what many like myself can only describe as a blatant example of just what’s wrong with both the economy – as well as the markets.

At precisely 15 minutes before the closing bell on Wall Street the now Chair of the Federal Reserve, Janet Yellen gave a press conference detailing further insights into upcoming monetary policy. I guess two days worth of FOMC discussions, along with a press conference detailing all that was discussed immediately after, followed by a question and answer session about all those “insights and decisions” wasn’t enough. For the markets remained red for the week while losing all its post FOMC pop which in itself is an ominous sign.

I concluded: there was no other intent for this presser other than to signal the “In Crowd” – You better get the heck out of Dodge because we’ve painted ourselves so deep into a corner this is probably the last time you’ll have a chance as to “paint the tape” in any upcoming quarters. For we might actually have to do what we implied (e.g., raise rates) regardless – just to keep up the appearance that we’ll do what we say. Even if so doing means – creating turmoil. So don’t say “we didn’t warn you.” (i.e., We’ve changed the meaning of “data” so many times now even we can’t figure out what it means or, what we should do any longer!)

Did The Fed Just Whisper "Fire" In A Crowded Market?

Commitment of Traders Report
dc CB 20:30 GMT 03/29/2015
but that begs the question, is the Emini now the prefered trading vehicle...'dats what the HFT boys use.

ES --aka Mini S&P

Commitment of Traders Report
dc CB 20:26 GMT 03/29/2015
interesting Flip....sometime between Mar 17, the prior reporting period ------- OH That pesky FMOC----and the current.


GVI Forex john 20:25 GMT 03/29/2015  - My Profile
Weekly Trading Planner Top Items (GMT)r
    12:30 US PCE defl y Fed inflation target
    12:30 US Per Income Consumer spending power
    13:00 DE fl HICP yy ECB targets inflation
    14:00 US Pending Homes Predictor of Sales
    8:55 DE Jobless Employment data
    9:30 GB GDP QQ widest measure of economy
    10:00 EZ flash HICP y ECB targets inflation
    10:00 EZ fl core HICP y m ECB targets inflation
    12:30 CA GDP mm widest measure of economy
    13:45 US Chicago PMI construction
    14:00 US CB Cons Confidence Latest view on economy
    23:50 AU MFG PMI Latest view on economy
    23:50 JP Tankan Latest view on economy
    1:00 CN NBS PMI Latest view on economy
    1:35 JP final PMI Latest view on economy
    1:45 CN HSBC final PMI Latest view on economy
    7:30 CH PMI Latest view on economy
    8:50 FR MKT PMI fastest view on economy
    8:55 DE final MFG PMI Latest view on economy
    8:58 EZ MKT PMI Latest view on economy
    9:28 GB Mfg PMI Latest view on economy
    12:15 US ADP job's Employment data
    13:30 CA RBC-Markit PMI Latest view on economy
    13:45 US final MKT MFG PMI Latest view on economy
    14:00 US Construction Spend Latest view on economy
    14:00 US ISM MFG PMI building
    14:30 US EIA Crude mn price predictor
    0:30 AU Trade A$bln external economy
    7:00 DE Retail Sales mm consumer demand measure
    9:28 GB Construct PMI Latest view on economy
    12:30 CA Trade C$bn external economy
    12:30 US Weekly Jobless late view on jobs
    12:30 US Trade external Ac cunts
    13:00 USFRB Yellen speech
    13:30 EZ ECB Minutes speech
    14:00 US Factory Orders future production
    0:00 AU Holiday
    0:00 CA Holiday
    0:00 CH Holiday
    0:00 EZ Holiday
    0:00 GB Holiday
    0:00 NZ Holiday
    0:00 US Early Close
    12:30 US Unemployment % unemployment rate
    12:30 US Payrolls Key Jobs data

calendarBe sure to refer daily to the Global-View Economic Calendar for key items, such as consensus estimates, previous data and links to charts of recent data).

Active Week in Store for U.S. Data. PMI's and Key employment Figures
GVI Forex Blog 19:26 GMT 03/29/2015  - My Profile
TOP NEWS ITEMS: EZ- Unemployment, DE- flash HICP, US- Personal Income, PCE Deflator, Pending Homes Sales

Active Week in Store for U.S. Data. PMI's and Key employment Figures

BT Update
gc sf 19:10 GMT 03/29/2015
- $YEN 109.20 tp 115.50 sl 120.00

should be 119.20 i/o 109.20 obviously.

BT Update
gc sf 19:09 GMT 03/29/2015

- EUR 1.0920 t/p 1.0500 sl 1.1060
- $YEN 109.20 tp 115.50 sl 120.00

Floating Profit = +38 pips

- GBP 1.5100 sl 1.5100 tp 1.4500
+ $CAD 1.2200 t/p 1.2800 sl 1.2100

3 month rolling total = +5225 pips

dc CB 18:31 GMT 03/29/2015
keeping currency current

The Strip

PAR 16:30 GMT 03/29/2015
Chinese QE in the works .

Mtl JP 13:32 GMT 03/29/2015  - My Profile
China central bank governor calls for vigilance on deflation

"Inflation in China is also declining. We need to have vigilance if this can go further to reach some sort of deflation or not," Zhou via sunday Reuters
Another misguided and mis-informed CBanker about what people want. All the more impressive from a bureaucrat of a country that is a huge supplier to Wal-Mart, an outfit that understands what makes people spend and products move.

GVI Forex Blog 13:32 GMT 03/29/2015  - My Profile
Trading Guide for the Week of March 29. 2015

Global-View Week ahead Planning Guide for Trading

Global-View Trading Systems
GVI Forex john 13:06 GMT 03/29/2015  - My Profile
Global-View Week ahead Planning Guide for Trading

ECB Policy is locked in for at least a year. EUR negative
Fed policy signals have turned mixed. In sum, the Fed is preparing the markets for an slight increase in the Fed Funds target, but is assuring markets that an policy tightening will be extremely gradual. USD positive

ECB Quantitative Ease (QE) is the dominant driver of fund flows.
Falling 2-yr German schatz driving EURUSD lower.

Fed policy is now data-dependent (inflation). Currently expansive.

Monday 30 March
The Fed targets the Personal Consumption Expenditures deflator at 2% in the medium term. This is the central bak's primary inflation target.

Tuesday 31 March

The initial major piece of news next week is the Eurozone flash inflation data for March released on Tuesday. The flash estimate is not revised much when the final data are released. ECB monetary policy is currently locked in for another year or so. Global-VIew EZ and German Charts EZ flash HICP (CPI) higher than seen. Core steady. Well below ECB"just below 2.0%" target.

Wednesday 1 April

Early Wednesday sees the latest Bank of Japan quarterly Tankan survey. This is a closely-followed Japanese economic indicator.

Japan Charts

Over the day Wednesday sees a slew of final Manufacturing PMIs. I find them to be a useful representation of current economic conditions but not reliable predictors. Data are presumably comparable between economies and thus can be looked at together.

China Manufacturing PMIs

EZ, GE and FR flash Manufacturing PMIs

Early in N.Y. Wednesday, the ADP private Employment estimate is used as a forecast of March Non-Farm Payrolls on Friday.

For Comparison with the Eurozone, U.S. Markit and ISM manufacturing PMIs

Friday 2 April

Friday is a holiday in most of Europe, Canada and elsewhere. It is a shortened session in the U.S. due to the release of U.S. Februsry employment data.

Global-View Trading Systems
GVI Forex john 12:13 GMT 03/29/2015  - My Profile

TRADING: USD Pivot Points, Support and Resistance Levels. Chart Point tables. Chart icon stores in browser tab.

Using Pivot Points in Forex Trading:
A Simple but Effective Trading System

- Source
Syd 06:04 GMT 03/29/2015
(US) Fed Chair Yellen: Can't wait to achieve employment and inflation mandates before raising rates, remain likely to raise rates this year - "The New Normal for Monetary Policy" conference - There is still some way to go on employment, progress on inflation goal is notably absent- Would not be wise to wait until right on verge of 2% inflation to raise rates, unlikely that a small rate increase would negatively impact jobs growth. Reiterates must be mindful that effects of policy are felt with a lag.- If inflation fell further than it could weigh against rate rise- Labor market gains have been substantial and are likely to continue, there could be some value in allowing the jobs market to run a bit hot- Reiterates the expected path of rate rises is more important than the date of rate liftoff; rate liftoff like to be followed by more rate hikes- There is the possibility that GDP is likely to expand at a faster than potential rate in the coming quarters- Markets have been more pessimistic than the Fed- Reiterates that holding rates too low for too long could promote excessive risk taking. - Source

Fun with Covers
dc CB 19:25 GMT 03/28/2015
He's Baaaack


dc CB 19:09 GMT 03/28/2015

Entry: The making of an Economist Target: Stop:

the transformation begins with the Mar 25 Strip.
Aiming for the top job at the FRBSF

The ascent of Wally

dc CB 19:00 GMT 03/28/2015

Janet Yellen, the chair of the Federal Reserve board, smiles following her address Friday in San Francisco. Yellen touted a gradual approach to the increase of interest rates

Yellen says rate increase may be warranted later in year

So What Happened to Super-Dollar? -- March 29, 2015
Mtl JP 17:41 GMT 03/28/2015  - My Profile
GVI Forex john / re So What Happened to Super-Dollar?
At the fundamental level, to fall for and adopt FED's proposition of being hooked on some incoming data whose goal posts are forever flexible as guides for FED policy decisions is flawed at the core.

What it means is to unwittingly fall into same fog of confusion responsible for not recognizing the reasons for which their policies do not work in the real economy as peddled as stimulating consumer spending... and instead destroying purchasing power via debasing the currency, and now being peddled as "forcing" folks in a misguided theory that suggests to go out and spend it before it gets eaten up by bank deposit nega charges.

The FED and the rest of the CB crowd is unwilling to recognize that the common folk are debt saturated and that they are either unable or unwilling or both to take on more.

The zirp / nega rate policies are misguided in the measure that they aim to support the marginal folks of societies. Folks with money do not need zirp coz thy can afford to pay more.

Economic Beat: Slow Rise In Inflation Delays Fed Rate Hike
Livingston nh 17:01 GMT 03/28/2015
An interesting Saturday Fed Focus we have - watch what they do; not what they say - used to be the Fed didn't want to be the market focus on a day to day basis
How did we get here? What a difference from some years ago - we accept terms like Dual Mandate, Inflation Target, Normalization as Wisdom from the Mount rather than incomprehensible mutterings of an Oracle

Inflation is one of the most difficult economic concepts - it comes in many flavors and shows itself in different places (JP's oft asked question re: Money, Prices, Asset) - the Fed says it is trying to raise inflation but that conflicts with its actions over the past 5 years // Fed used to measure inflation by the GDP's implicit price deflator but G'span changed that in 1988 to the CPI and then again in 2000 to the PCE until PCE was restricted even further to PCE Core in 2004 -- there was usually a political element to such changes but the transcripts always show a long running wonky debate over many meetings // the PCE is very much different and even more flexible than the CPI (used by most inflation adjusted contracts, benefit plans and support agreements - try to find a lawyer that is willing to incorporate PCE in a divorce agreement, good luck!)

Then Ben showed up - his claim to fame was Inflation Target (now the dreaded 2%) that many CBs used and he wished to install at the Fed - But an official target was always anathema to non-elected policy makers - much of this was tied to the NAIRU cult (inflation and employment are joined at the hip) and one of its adherents was Janet Yellen - gradually the price stability goal of the Fed was supplanted by Ben (Mishkin was a collaborator in an 1997 NBER piece and 2001 Book INFLATION TARGETING) and became FED policy in January 2012 - But Ben assured one and all that we still had a DUAL Mandate

So now we have a target for inflation (precision without definition) and the second mandate even murkier, Full Employment - Congress in its Wisdom said 3% was the much ignored goal by every Fed, including Yellen - so we have the perfect foil for the economist heavy Fed because you can't get a numeric target for Full Employment (it's like Dark Matter or, if you prefer, Pornography, described by one Supreme Court who said he couldn't define it but he knew it when he saw it) -- the Dual Mandate language as a politically acceptable excuse for all the Fed's unconventional monetary policies was likely foisted on Ben by Janet - if you have the inclination see the FOMC Transcript from July 1996 wherein the wonkiness of Janet is on full display when she emphasizes the employment component of the mandate, tries to tie it to inflation and debates w/ G'span over Price Stability, long before Ben

Normalization - the fact that this Fed is still afraid to move at a time when interest rates are so out of touch with any other period of similar GDP, employment and inflation should be chilling to any of us involved in markets

GVI Forex john 13:40 GMT 03/28/2015  - My Profile
Cambridge Joe-

Nice to see you again. You are missed!

So What Happened to Super-Dollar? -- March 29, 2015
GVI Forex john 13:22 GMT 03/28/2015  - My Profile
The bottom line for Fed Chair Yellen's key policy speech late Friday is that the bias of the Fed is to move to normalize policy as soon as possible, but that decision is data-dependent. She warned that since inflation often arrives with a lag that the Fed may act BEFORE the Fed's inflation target is reached, but that the policy tightening will be gradual.

"To conclude, let me emphasize that in determining when to initially increase its target range for the federal funds rate and how to adjust it thereafter, the Committee's decisions will be data dependent, reflecting evolving judgments concerning the implications of incoming information for the economic outlook. We cannot be certain about the underlying strength of the expansion, the maximum level of employment consistent with price stability, or the longer-run level of interest rates consistent with maximum employment. Policy must adjust as our understanding of these factors changes..."

Normalizing Monetary Policy: Prospects and Perspectives

So What Happened to Super-Dollar? -- March 29, 2015
GVI Forex john 12:41 GMT 03/28/2015  - My Profile

News Doesn't Favor a Change
There appear to be several items at work that have undermined USD strength. On March 18 the Federal Reserve removed the key word "patient" from its policy statement. However, in her press conference afterwards, Fed Chair Yellen left the markets with doubts about the future strength of the U.S. economy and a tightening policy bias after the central bank lowered its growth and inflation forecasts from earlier this year and changed the emphasis of policy to raising the inflation rate back to its target level. This means that employment is no longer its primary target and a rate hike is not imminent.

So What Happened to Super-Dollar? -- March 29, 2015

PAR 09:39 GMT 03/28/2015
If cash is no store of value . Is that not the definition of

Economic Beat: Slow Rise In Inflation Delays Fed Rate Hike
Syd 06:31 GMT 03/28/2015
When will Janet Yellen & Co. finally declare victory over inflation?

Such a victory by the central bank used to mean curbing inflation's rise. Today, it means nudging inflation high enough so that prices start increasing by 2% a year, the hurdle that inflation must overcome before the Federal Open Market Committee begins hiking the short-term interest rate from the current target of 0% to 0.25%.

As noted last week ("The Ugly Side of the Fed's Reluctance to Raise Rates," March 23), vast numbers of investors and savers are getting hurt by this punitive policy, especially senior citizens who normally park their funds in bank certificates of deposit. If the victims were to stage a mass protest in front of Yellen's office to declare their grievances, one of their placards might read: "When will your FOMC finally decide that it's seen the whites of 2% inflation's eyes?"

In fairness, 2% annually amounts to a slowing of inflation over the long run. It translates to a doubling in prices every 35 years, and, in fact, over the past 35 years, prices as measured by the personal consumption expenditures price index have more than doubled, climbing by nearly 2.6 times. According to the better-known consumer price index, prices are 2.8 times higher than those 35 years ago.

I cite the PCE price index because Yellen herself has stated that it's the measure of choice. In recent testimony before the Senate, she was clear on this point: "The Federal Open Market Committee's 2% objective refers to the increase -- the annual increase in the total PCE price index that includes food and energy."

And in written testimony, she observed that "U.S. inflation continues to run below the committee's 2% objective," citing "the recent softness in the all-items measure of inflation for personal consumption expenditures (PCE)."

The bad news is that the PCE price index generally rises more slowly than the other index of choice, the consumer price index, as indicated by the numbers cited earlier on 35-year increases. So if Yellen had instead chosen the CPI, she would likely be able to declare victory for the 2% objective sooner than with the PCE.

That's because the CPI tracks a basket of goods and services that is generally fixed from one period to the next (at this point, based on consumer expenditure surveys for 2011 and 2012), while the PCE price index is necessarily more flexible. Designed to deflate nominal consumer spending and turn it into inflation-adjusted outlays, it must keep readjusting its weightings to reflect what consumers actually buy from one period to the next. Since consumers tend to shift from higher- to lower-priced goods and services when the opportunities present themselves, the personal consumption expenditures price index will generally rise more slowly than the consumer price index.

As Yellen has observed, "The PCE price index edged down during the fourth quarter of last year and looks to be on track to register a more significant decline this quarter because of falling consumer energy prices." Given her stated loyalty to the "all-items" PCE, it would appear that achieving the 2% target is unusually dependent on the trend in the price of energy. Weighed down by low energy prices, both the CPI and PCE have been running at around a zero rate.

But happily and not surprisingly, the Fed chair leaves herself a lot of leeway to interpret the trends according to her own lights. Since the effects of Federal Reserve policy generally take some time to be felt, changes in policy are supposed to be pre-emptive. And in that regard, Yellen specifically endorses "so-called core inflation that strips out" food and energy prices "in order to get a better forecast sometimes of the underlying trends in inflation." She even stipulates that, in order to get a handle on the future, "we look at the CPI, which is well known to most Americans."

The 12-month trend in the core consumer price index through February, released last week, ran at 1.7%, while the 12-month trend in the core personal consumption expenditures price index through January, was 1.3%; the February update on PCE will be released Monday. So bondholders take note: Based on either measure, we're more than halfway toward the 2% goal. Barron's

Cambridge Joe 06:16 GMT 03/28/2015
CB 20:52

Indeed the 'future cannot cause the past",

it is the past which causes the future !

Across aeons of time has been called 'karma' , or as ye sow, so shall ye reap, or cause and effect.

I always enjoy watching the forum when I can and especially enjoy some of the richer conversations !

Cheers !

Mtl JP 00:31 GMT 03/28/2015  - My Profile
rather what it is not .. is it inconvenient ?

yeah, keeping it in a bank account in the form of digi-chitts it is inconvenient in more ways than one.

The day that social media world makes "demand physical cash at your local bank" trending will show Yellen and her crowd what "not convenient" is.

dc CB 23:28 GMT 03/27/2015
we found it remarkable that during the Q&A after her speech today that Janet Yellen, when asked about negative rates, admitted that

"cash in not a very convenient store of value,"

Rick Santelli then sums it all up perfectly...

"deflation is clearly the boogeyman... and the only thing that will save the middle class."

Santelli Stunned As Janet Yellen Admits "Cash Is Not A Store Of Value"

dc CB 20:52 GMT 03/27/2015
from Yellen's Home FRBank this week

Leverage is risky. Purchasing assets with borrowed money can amplify small movements in prices into extraordinary gains or crippling losses, even default.

This Economic Letter explores the channels through which advanced economies have increased their debt and the consequences that this leverage has had for the business cycle.
and contains such Brilliant Insights as:

In any retrospective analysis, it is difficult to separate cause and effect. For example, sick people are more likely to take medication, but the resulting positive association between the two does not imply that medicine makes people sick.

When examining the effect of bank lending on business cycle dynamics we face a similar difficulty, which we resolve in two ways. First, we use the arrow of time—that is, the future cannot cause the past

FRBSF Economic Letter

Week Ahead
GVI Forex Blog 20:19 GMT 03/27/2015  - My Profile
*Geopolitical events may lead to further oil price volatility
•US payrolls expected to post another strong rise in March
•Euro area CPI data to further ease concerns of sustained deflation


Mtl JP 20:17 GMT 03/27/2015  - My Profile
just text is 4292 words
to say what exactly ?
ah.. maybe q/a will re-clarify

CHART POINTS: Free Forex Database
GVI Forex john 20:13 GMT 03/27/2015  - My Profile

UPDATED. Global-View Free FX Database. High-Low-Close data for over a dozen currency pairs for well over a decade of data in Excel spreadsheet format.

Mtl JP 20:05 GMT 03/27/2015  - My Profile
may .. could..
at least she not not wearing an easter bunny costume
which we know is coming next week

dc CB 20:01 GMT 03/27/2015
and the D'OH award for the week goes to...JANET YELLEN

Yellen: "holding rates too low for too long could encourage inappropriate risk-taking... undermining the stability of financial markets"


Mtl JP 20:01 GMT 03/27/2015  - My Profile
"I expect that conditions may warrant an increase in the federal funds rate target sometime this year" Yellen

or may not . duh

clearer it don't get.
desperately fighting to regain control over data being the matter that matters.

GVI Forex john 19:59 GMT 03/27/2015
Q$A after she delivers her speech.

GVI Forex john 19:57 GMT 03/27/2015
Something for the hawks and something for the doves. Bias slightly hawkish.

Next Page


So What Happened to Super-Dollar? -- March 29, 2015

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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.



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