User Name: Password:      Register - Lost password?

Market Tracker



Click to refresh 5 mins after data release to update clock
27/02/15 13:30 A US GDP 4Q14 con: 2.10% pre: 2.60%
Post Message View: Classic | Thread  Refresh: off | on
  Forum Directory    Archive
AceTrader Feb 27: Intra-Day News and Views (USD/JPY) & data to be released today
Hong Kong AceTrader 02:38 GMT 02/27/2015
Intra-Day Market Moving News and Views
27 Feb 2015 02:37GMT

USD/JPY - ...... Despite yesterday's brief drop to 118.68 in European morning, the greenback rebounded strongly to 119.51 due to dlr's broad-based strength after hawkish comments Federal Reserve's James Bullard together with upbeat U.S. economic data.
Bids are now located at 119.20-15 and more at 119.05-00 with some stops seen below 119.00.
On the upside, offers are tipped at 119.50 and more at 119.70-80.

Reuters reported Japanese households cut spending more than expected and retail sales fell for the first time in 7 months in Jan, data showed on Friday, a sign the central bank's radical stimulus has yet to convince consumers that inflation will take hold.

Factory output jumped in January as exports rebounded on solid U.S. and Asia demand, but manufactures see output rising only slightly in the current month and then slumping in March, adding to evidence of an uneven economic recovery.

The soft consumption is a headache for the BoJ, which hopes its aggressive money printing will fuel expectations that prices will rise ahead and prompt households to spend more now.

Data to be released on Friday:

Japan inflation, unemployment rate, retail sales, industrial output, housing starts, construction orders, UK consumer confidence, France producer prices, Swiss KOF indicator, Italy CPI, Germany CPI, import price index, U.S. GDP, Chicago PMI and pending home sales.

gc sf 00:45 GMT 02/27/2015
Tensions with Germany over 'greedy' Greece's debt

* Only 22% of Germans support Greece Bail-Out

* "No more billions for the greedy Greeks!" screamed mass daily Bild Thursday under a huge "Nein!" ("No!") headline.


kl fs 23:23 GMT 02/26/2015
anyone with usdcad position? looks like heading north?

gc sf 22:48 GMT 02/26/2015
Good Morning,

$yen is pretty interesting - I doubt it rises much past 119.90 no matter how bullish USD gets against the EUR

yesterday both the political side + BOJ side went out of their way to sooth over the press reports of friction between them -- so now is just not the time for massive $Yen movements.

given that AUD + NZD while being weaker may not get as weak as the EUR -- as this seems a more EUR move than anything else.

USD tightening back on the cards -- check .. but the onset of ECB QE that people mentioning more important in the short term.

As I understand it... this German Move basically says all collateral for Europe at the moment must be German .. other paper just doesn't cut it.

AUD @7800 seems more of a proper reflection of the recent data than 7900 + it also shows the fx mkt isn't thinking rate cut at next meeting but probably the one after ... if they were thinking cut we would be 7730-50.

Absolutely fascinating day ahead really.

ECB version of QE
Mtl JP 22:42 GMT 02/26/2015  - My Profile
nw kw / if english is not your language suggest to turn on the automatic corrector in your browser. your acronyms, respectfully, r - at least to me - garbage for which I don't have decipher time.
like that u might stop wasting your time, see?

ECB version of QE
nw kw 22:28 GMT 02/26/2015
last time Canadas gov dretly backeds home lending / hm- can eur do that?

ALBERT EDWARDS: 'We are at that stage in the cycle where I begin to doubt my own sanity'
HK RF@ 22:19 GMT 02/26/2015

Most US economic data missed expectations in February.

And that investors are sending stocks to all-time highs is making Societe Generale's Albert Edwards crazy.

In a note Thursday, Edwards wrote:

"With equity markets galore hitting record highs clearly I must be missing something big! We are at that stage in the cycle where I begin to doubt my own sanity. Iíve been here before though and know full well how this story ends and it doesnít involve me being detained in a mental health establishment (usually)."


OIL What's Going On?
dc CB 21:46 GMT 02/26/2015
VLCCs are hard to come by these days as most are floating full. WTI has been in contago, with 6 months forward for delivery averaging $10 more that the front month. Buy now Store and sell later has been the game as crude has crumbled.

But today the Brent-WTI Spread was $11-12. The floating stock can be sold NOW and replenished NOW to get that $10/bl.

ECB version of QE
nw kw 21:44 GMT 02/26/2015
one pumped the dividend how can anything dump tsx will be a farce to

ECB version of QE
Mtl JP 21:39 GMT 02/26/2015  - My Profile
nw kw 18:39 that could be(come) a crimp to canadian banks

OIL What's Going On?
Mtl JP 21:37 GMT 02/26/2015  - My Profile
a VLCC cost approx 100-120 million. It carries say on average 2,000,000 barrels. What does it cost to hold each barrel per day - and how long before those barrels have to be unloaded before they go stale ? (they are organic matter after all)

Stagnant Pools
Mtl JP 21:27 GMT 02/26/2015  - My Profile
CB 18:45 - Recall what I call Janet's reason for getting and keeping her job: by her defined 3rd FED's mandate: can and must safeguard the banks. Those toxic MBS will never see daylight of market. I recall Ben saying - long time ago - the FED is willing to keep em on the books till they become good or eventually expire and get buried in the FEDs garbage heap - where no-one cares anymore.

GVI Forex john 21:20 GMT 02/26/2015  - My Profile

CHART POINTS- Free Forex Database
GVI Forex john 20:43 GMT 02/26/2015  - 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.

Get It Now
GVI Forex Jay Meisler 20:42 GMT 02/26/2015  - My Profile

For those who have gotten our emails, I have offered my videos on proprietary trading patterns + my unique trading strategy. They are designed to get you on the right side of the market and hopefully shift the odds in your favor.

There is a free option available. Send me an EMAIL for details.

GVI Forex john 20:12 GMT 02/26/2015  - My Profile
Weekly Trading Planner Top Items (GMT):††
    23:30 JP CPI BOJ Target
    13:30 US GDP 4Q14 widest economic statistic
    14:45 US Chicago PMI regional PMI
    14:55 US U Mich final consume Sentiment
    15:00 US Pending Homes Predictor of Existing Homes

calendarBe sure to refer daily to the Global-View Economic Calendar For key items (actual data, selected charts, etc.) as they are released.

USD Surges Higher Into Monthend As Dealers Prepare for March EZ QE
GVI Forex Blog 19:52 GMT 02/26/2015  - My Profile
TOP NEWS ITEMS: JP- Unemployment, CPI, DE- flash HICP, US- GDP, Chicago PMI, University of Michigan Survey, Pending Homes Sales

USD Surges Higher Into Monthend As Dealers Prepare for March EZ QE

In general for a week
dc CB 19:24 GMT 02/26/2015
The New Algos


In general for a week
dc CB 19:20 GMT 02/26/2015
SaaR KaL 18:37
Longing Oil with dips for 52.30
till 48.5

with you on that idea just waiting for the wash out. to finish.

Virtu --- The Market Maker...scores another winning day

(ZH guide to trading Oil funny and then again extremely sad for the rest of us traders)

How To Trade Oil For HFT Idiots 102

OIL What's Going On?
dc CB 19:08 GMT 02/26/2015
I mean you can put the stuff into one of these at float it over there. It's not like Nat Gas...locked here in N.America

and isn't there blns of barrels of it already floating out there.


OIL What's Going On?
dc CB 19:03 GMT 02/26/2015
yesterday the Ramp into the NYMEX pit close (at 2:30ET) was Squeeze dem Shorts...all the way to 5120+

Today? repeat from the LOD or down down down to 4700- or Less.

Comods trade on supply and demand.? Brent/WTI spread just shy of $12

Stagnant Pools
dc CB 18:45 GMT 02/26/2015
I didn't read the FT article, but just looking at the chart...dosen't that also show the amt of toxic MBS that these banks unloaded onto the Fed during the course of all the QE's, stuff that had no market and was worth pennies on the dollar, if it were Marked to Market?

ECB version of QE
nw kw 18:39 GMT 02/26/2015
Real Estate Watch: Unsold condos stacking up outside Toronto and Vancouver

In general for a week
SaaR KaL 18:37 GMT 02/26/2015  - My Profile
Longing Oil with dips for 52.30
till 48.5

Bond Market Avalanche
Paris ib 18:30 GMT 02/26/2015  - My Profile
Bond yields creeping higher in the U.S., the Yellen impact is fading.

ECB version of QE
Paris ib 18:27 GMT 02/26/2015  - My Profile
The whole thing feels like Alice through the Looking Glass to me. Red pill or blue pill?

Stagnant Pools
Livingston nh 18:21 GMT 02/26/2015

The chart shows the shift in holdings of some of the larger US banks post QE and regulation -- some might call it hoarding

The article is here

ECB version of QE
Livingston nh 17:48 GMT 02/26/2015
Draghi starts QE in a different environment than BoJ, BoE or Fed - the guidelines should be clearer next week but the commentary about the expected effect of this "stimulus" is very uncertain - the negative rates are a consequence of post crisis regulation in Europe and the US in conjunction with the IDIOTIC QE that buys Safe assets (i.e., Gov't bonds aka MONEY), those same assets that the regulators mandate the banks hold

So Draghi starts with already lower rates and a smaller pool of both assets and willing sellers -- this is really a test of the Unintended Consequences of Good Intentions

dc CB 17:35 GMT 02/26/2015
This is different from a Sovereign bond/note paying Neg Rates because it remains a "safe place" to park cash.
the attraction to the Sover being that it can be used as Collateral...mutiple times. The purchaser of the bond/note is not Lending to the Sovern, the purchaser is just paying a price for a liquid unit of collateral, which is better than Cash, since you cannot multiply CASH by re-hypothecation

In general for a week
SaaR KaL 17:32 GMT 02/26/2015  - My Profile
I doubt goes lower
IMO might see at least 1.1310
will short next day near 1.1366

AUDUSD Shorts I am Out now
Will short next day

Cable shorts
Closed all
Reshort next day 1.5560

The Soros Put
Paris ib 17:22 GMT 02/26/2015  - My Profile
It's still out there. It must have cost them a bundle to hold it all this time (over a year now) although it started out smaller. Still...

The Soros Put

dc CB 17:20 GMT 02/26/2015
"Even in U,S. very large depositors have to PAY to hold funds at JPM. What are they going to do? dig a big hole and bury 100 million in cash in the street?"

The Fed's Regs require the TBTF banks to hold more capital in reserve to cover the "large" depositors. Don't know what the actual numbers are, but basically "The Margin" has been raised. The result being that JPM, which had been able to deploy 95% those large CASH Deposits for use in its OWN trading ventures, can now only use 89%. Thus the Margin required for trades has risen. They are passing along this Margin Rate to their depositors in the form of a Neg Interest Rate.

This is different from a Sovereign bond/note paying Neg Rates because it remains a "safe place" to park cash.

Paris ib 17:10 GMT 02/26/2015  - My Profile
Negative yields is the price of safety. You give the money to someone in the belief it will be 'safe' and they charge you for the privilege. When you get negative bond yields (like in Germany and I think Switzerland - is there anywhere else?) then you are giving that money to a Government which will keep that money safe. That's where we are right now: safety first. It smells of panic to me.

GVI Forex john 17:06 GMT 02/26/2015  - My Profile
I don't understand negative German yields. ECB is forcing it. Maybe their goal is to weaken the EUR. You are seeing negative yields everywhere.

Even in U,S. very large depositors have to PAY to hold funds at JPM. What are they going to do? dig a big hole and bury 100 million in cash in the street?

Paris ib 17:06 GMT 02/26/2015  - My Profile
I guess the trigger for any event will be monetary policy. That's what it ends with. An ill advised move by some Central Bank.

Paris ib 17:03 GMT 02/26/2015  - My Profile
It seems to me we are getting to some sort of extreme.

In general for a week
SaaR KaL 16:53 GMT 02/26/2015  - My Profile
for an odd reason i just shorted gold
TGT 1990

GVI Forex john 16:52 GMT 02/26/2015
I assume EZ yields are falling in anticipation of QE next month. That would also explain higher equities.

As for U.S., the Fed seems on track for a late 3Q15 rate hike. They seem hell bent on a policy "normalization". Many see this as positive. I don't know.

Forex values reflect this scenario. JPY is in its own world.

Paris ib 16:43 GMT 02/26/2015  - My Profile
John do you have a narrative on this? I'm trying to figure out the longer term scenarios. What do negative yields mean in Germany? They can only mean a flight to safety. No-one buys bonds with a negative yield as an investment. Or do they? Gold is also higher. Though not huge. It seems right now the aim of the game is safety first. You'd have to say in that environment it's RISK OFF. Or do we have a bipolar market?

Get It Now
GVI Forex Jay Meisler 16:38 GMT 02/26/2015  - My Profile

For those who have gotten our emails, I have offered my videos on proprietary trading patterns + my unique trading strategy. They are designed to get you on the right side of the market and hopefully shift the odds in your favor.

There is a free option available. Send me an EMAIL for details.

GVI Forex john 16:38 GMT 02/26/2015  - My Profile
Equities up
EUR down
USD mostly up
bond yields (except US and UK) lower
Gold up
Oil down

GVI Forex john 16:34 GMT 02/26/2015  - My Profile

In general for a week
SaaR KaL 16:30 GMT 02/26/2015  - My Profile
0.7575 0.7280

Bond Market Avalanche
Paris ib 16:26 GMT 02/26/2015  - My Profile
Negative bond yields in Germany and the prospect of QE has not helped the U.S. bond market any today. Neither has the rally in the USD.

In general for a week
SaaR KaL 16:26 GMT 02/26/2015  - My Profile
812.9131 785.7707

New Record High on the DAX
Paris ib 16:24 GMT 02/26/2015  - My Profile
Another record close coming up on the DAX. And this time the gain was over 100 points. Bit mad, but then so are negative bond yields out to 7 years on the German bond curve. We are in unchartered territory here ladies and gentleman so no-one really knows how this ends. All the bubble heads will be talking....

In general for a week
SaaR KaL 16:24 GMT 02/26/2015  - My Profile
Shorts CADJPY 95.8954 91.9031
EURUSD 1.1360 1.1006
USDJPY 119.6893 117.9860

USDCAD 1.2852 1.2456

AUDUSD 0.7862 0.7632

Global Markets News
GVI Forex Blog 16:23 GMT 02/26/2015  - My Profile
The US January CPI inflation report roiled global markets earlier this morning, although the volatility stemming from the data has pretty much subsided mid-morning. US Mid-Session Update: CPI Inflation Turns Negative

Moving the Goalpost
dc CB 16:04 GMT 02/26/2015
Sub 6.5% NFP, when the monthly was 8-9%, seemed like a trigger for a rate rise on Mom and Pop's Certificate of Deposit retirement savings...But hey.

also Re:
J.P. Morgan is making the moves because certain deposits are less profitable to handle than they used to be. New federal rules essentially penalize banks for holding deposits viewed as prone to fleeing during a crisis or a stressed environment.

Translation: JPM will be required to Hold a larger percent as capital Protection in case of a "bank run" by these depositors. This will limit the amount that can be deployed as Trading capital. Along with their other FDIC Insured "Trading Funds"

This is why the New Regs make it "less profitable".

Next Page


A Must Read Lesson for All Forex Traders

Itís All about Yellen

Forex Momentum Waning - February 22, 2015

Beware of Forex Air Pockets

GTA Special: Video: The Hard Trade is More Often the Right Trade


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.



Copyright ©1996-2014 Global-View. All Rights Reserved.
Hosting and Development by Blue 105