KL KL 04:34 GMT June 20, 2013
Ninja Sell EURAUD:
Reply
covering euraud short here....1.43196 and audusd long here .9256....SAR short audusd now...
Lets see how this works out....
Syd 04:33 GMT June 20, 2013
Prices to soar as dollar falls, economists and retailers warn:
Reply
The days of cheap overseas travel and attractive online prices are over, leading economists say. With the Australian dollar falling to a 33-month low on Thursday, travel and online retail prices are expected to soar immediately.
Petrol, whitegoods and electronic equipment prices are expected to rise by up to 10 per cent.
Mr Harvey said if the dollar dropped below 80 cents compared with the US dollar, consumers should expect a 25 per cent increase
"Anything in a foreign price will go up straight away," AMP Capital's chief economist Shane Oliver said. "It's the same with online suppliers. That price, when translated, will be higher than it was six week ago."
The owner of 2ndsworld, Peter Hammerman, said imported appliances such as front-load washers, air-conditioners, televisions and DVD players would "100 per cent" go up.
"They will all be affected across Australia with a fall in the dollar no matter the company,” he said. Senior Westpac economist, Matthew Hassan, said the "deflation trend" that led to low prices across the retail and travel industries over the past 12 months was over.
kl fs 04:22 GMT June 20, 2013
EUR/USD:
Reply
Buy EURUSD
Entry: Target: Stop:
cheers Zeus
try long euro, in as well 1.3257, stop under 1.3220
will try another one if stopped out, using 1.3230 and 1.3170 as support this week
KL KL 04:13 GMT June 20, 2013
Ninja Sell EURAUD:
Reply
Ninja two prong Armada attack to support Audusd......
now launching 3rd prong....not sure what to do to support aussie....BUY ASX 200 here??? .LOL...
KL KL 04:10 GMT June 20, 2013
Ninja Sell EURAUD:
Reply
.....sell 1.4340.... Sometimes have to believe Australia economy better than Europe......then change mind 2 days later.....LOL
dc CB 04:08 GMT June 20, 2013
EUR/USD:
Reply
you soul-less MTF
lol
Cheers
USA ZEUS 04:02 GMT June 20, 2013
EUR/USD:
Reply
Long EUR/USD at 1.3252
KL KL 03:53 GMT June 20, 2013
covering AUDUSD and long again here...:
Reply
happy to cover all audusd short here .9249...and SAR here relentless long..... will cover near .9265
today is fields of dream for Ninja...pure Ninja day....
Mtl JP 03:48 GMT June 20, 2013
- My Profile
Reply
Ben's second term ends January 31, 2014
ed kw 03:30 GMT June 20, 2013
Cyprussed (yet to be):
Reply
a nuke can send us back to caveman days and club each other for meet and girls
dc CB 02:55 GMT June 20, 2013
Cyprussed (yet to be):
Reply
Mtl JP 02:02 GMT June 20, 2013 - My Profile
Cyprussed (yet to be): Reply
dc CB traders ... soul hahaha what an oxymoron
JP, you betray a corrsive cynicism. is that how you feel of those traders who post here...soul-less?
Melbourne Qindex 02:32 GMT June 20, 2013
- My Profile
AUD/USD : Critical Point 0.9789
:
Reply
Sell AUDUSD
Entry: Target: Stop:
AUD/USD : The market is going to tackle the barrier at 0.9175 ... 0.9231 within the remaining period of this week.
Qindex.com
===============================================
Melbourne Qindex 02:29 GMT June 14, 2013
AUD/USD : Critical Point 0.9789 : Reply
AUDUSD
Entry: Target: Stop:
AUD/USD : The market is swinging within the expected range of 0.9311 - 0.9632. The bias is on the downside when it is trading below the critical point at 0.9789. The downside targeting range is 0.8668 - 0.8990.
Qindex.com
AUD/USD : Monthly Cycle Charts
kl fs 02:23 GMT June 20, 2013
EUR/USD : Critical Point 1.2797
:
Reply
Buy EURUSD
Entry: Target: Stop:
agree very much with Dr. Qindex
one day doesn't make a trend IMHO
in my case though 1.3230 and 1.3170 hold the key this week
still buy on dips mode, getting closer to both levels above will provide better r/r, ready to buy aggresively
Melbourne Qindex 02:02 GMT June 20, 2013
- My Profile
EUR/USD : Critical Point 1.2797
:
Reply
Buy EURUSD
Entry: Target: Stop:
NY JM 01:46 GMT June 20, 2013 : It is too early to give it up if you are a position trader. The bias has no change as long as it is above the critical point at 1.2797. The market is still on the way to 1.3568 when it is trading above 1.3182. Anyway we have to wait and see for the next two days.
Qindex.com
EUR/USD : Monthly Cycle Charts
Hong Kong AceTrader 02:01 GMT June 20, 2013
Jun 20 : Dollar rallies broadly on FOMC statement and Bernanke's tapering comments:
Reply
Market Review - 19/06/2013 22:01GMT
Dollar rallies broadly on FOMC statement and Bernanke's tapering comments
The greenback rose strongly against other currencies on Wednesday as the Federal Open Market Committee said the downside risk of the U.S. economy and labour market. Dollar was also supported as Federal Reserve Chairman Bernanke said at the press conference the central bank is likely to reduce the bond purchase this year if economic forecast comes in as expected
Although the greenback rose initially to 95.66 in Australian morning, cross buying of yen versus euro pressured the pair to 94.83 in European morning before trading sideways. Later, price rallied above Tuesday's top at 95.77 in U.S. afternoon after FOMC said the downside risk of the economy and the labor market have diminished, the pair eventually climbed to session high of 97.03 as Federal Reserve Chairman Bernanke said the central bank is likely to reduce the bond purchase this year if economic forecast comes in as expected.
FOMC statement said 'Fed repeats will buy longer-term treasury securities at pace of $45 billion a month, agency MBS at 40 billion a month; downside risks to outlook for economy and labor market have diminished since the fall; vote in favor policy was 10-2; labor market conditions have shown further improvement in recent months, but jobless rate remains elevated; inflation has been running below target, partly reflecting transitory influences; long-term inflation expectations stable.'
Fed's Bernanke said in his press conference 'have been reviewing exit principles in recent meetings; strong majority now expects Fed will not sell MBS during process of normalizing policy; decline in jobless rate to 6.5% will not automatically lead to rate increase; increase in target for Fed funds rate, when they begin, likely to be gradual; committee expects considerable period of time between end of asset purchases and interest rate hikes; if economic forecast comes in as expected, committee sees likely reduction in pace of purchases this year; if economic forecast correct, asset purchases will end by the middle of next year; unemployment rate would likely be in vicinity of 7% when asset buys come to an end.'
The single currency traded narrowly above Australian low at 1.3385 in Asian and European sessions. Later, despite euro's brief rise to 1.3417 in U.S. afternoon, the pair tumbled below Tuesday's low at 1.3326 due to FOMC statement and the comments from Fed's Bernanke. Price eventually hit session low of 1.3262 before stabilising.
The British pound went through a roller-coaster session on Wednesday. Despite cable's initial fall to 1.5618 in Asian morning, price rose to 1.5670 in European morning due to cross buying of sterling versus euro before falling to 1.5603 after the release of the Bank of England MPC minutes. Later, although the steep fall in eur/gbp pushed the pound above 1.5670 to 1.5678 in New York morning, dollar's broad-based strength pressured cable below Tuesday's low at 1.5565 to a low at 1.5450 in U.S. afternoon before stabilising.
BOE minutes stated that 'voted 6-3 to keep QE total at 375 billion sterling in June; King, Fisher, Miles voted for 400 billion sterling; MPC voted 9 - 0 keep interest rates at 0.5%; U.K. economic developments in past month generally positive, in line with may inflation report; still likely CPI will temporarily hit 3% in summer, remain close to that level during autumn; rise in global bond yield in past month showed market sensitivity to monetary policy expectations; for some MPC members, this was evidence that further QE would be effective if needed.'
In other news, IMF said 'Spain has made progress on reforms and economic imbalances are correcting rapid but outlook remains tough; Spain's nominal deficit targets should be flexible in the event growth falls short of expectations; sees advantages to post-bailout credit backstop for Ireland; Ireland's policy programme sound, prospects for 2013 bailout exit "reasonably strong".' German Finance Ministry spokesman said 'cannot see at first sight why Cyprus aid programme should be changed; Cyprus programme should be implemented without further delay.'
Data to be released on Thursday :
New Zealand GDP, Japan leading indicator, China HSBC flash manufacturing PMI, Swiss rate decision, trade balance, German PPI, manufacturing PMI, service PMI, Italy industrial orders, current account, U.K. retail sales, CBI industrial trend, EU manufacturing PMI, service PMI, consumer confidence, U.S. PMI, jobless claim, existing home sales, leading indicator, Philadelphia Fed Survey.
GVI Forex 01:56 GMT June 20, 2013
China:
Reply
**HSBC CHINA JUN FLASH PMI 48.3 VS MAY FINAL 49.2 (9 month low)
dc CB 01:29 GMT June 20, 2013
Cyprussed (yet to be):
Reply
Mssr Banzai7 nails it once again
ps. apparently WB7 was enjoined by Copyright Law to cease from using NSA in his political art. The NSA said that ---NSA---was protected, copywrited, and could not be used without their permission...and they weren't about to grant that permission to Mssr Banzai7.
have a pleasant evening, sleep SAFE and tight, as we watch over you all night.
dc CB 01:00 GMT June 20, 2013
Cyprussed (yet to be):
Reply
The amount of money that the FED is going to throw at the market in the next week...POMO is only 1/2---double that....to around $40bln...could do so much toward improving this world wracked economy.
But instead it will be squirreled away on the balance sheets of a few select Banks, so teir earnings will beat.
At least the Bond Vgilantes (or whatever the current incarnation of those late 20th Century Warriors live today...The 7 Samurai?)...took notice of the Complete Boardom Disgust and just plain WE'VE HAD ENOUGH OR YOUR LYING CRAP...to jam the 5 year Yield higher by 16.63%....that my dears is ANGER.
Think the PowersThatBe will notice the anger in the market. Traders waking up each day knowing they are trading on lies...finally thinking this is doing damage to my soul.
End Of Screed
Mtl JP 00:45 GMT June 20, 2013
- My Profile
Cyprussed (yet to be):
Reply
ahead of tommors EZ ministers who and how is going to get Cyprusssed discussion...
Bank of England's King makes last call for more stimulus, bank reform - Wed Jun 19, 2013
* BoE's King says UK recovery not secure, more QE needed
* Banks need more capital, must regain public trust -King
* King speaks as Osborne outlines bank reform plan
LONDON, June 19 (Reuters) - Britain's economic recovery is not yet secure and more needs to be done to ensure the country's banks no longer pose a threat to taxpayers, Bank of England Governor Mervyn King said in his final speech on Wednesday .../..
Syd 00:42 GMT June 20, 2013
Chinese :
Reply
BA-ML China strategist maintains hard landing for the Chinese economy is a higher risk this time compared to 2011 and 2012
hk ab 23:33 GMT June 19, 2013
eur:
Reply
the baby has no choice but follow the path of aud soon..... due to the unwinding of eur/jpy.....
KL KL 22:17 GMT June 19, 2013
so many to trade...LOL:
Reply
covering eurusd long here 1.3297
also SAR and Short audusd .9296
and restart SHORT EURAUD 1.4330
wait for gold to PLUNGE...under 1300....LOL...who knows ..could rocket to 1400 too.....
# Armada 1 2 3 Lunched ...back in docks is Armada 4 5 6.....refuel, rearm...and launched before ASIA wakes up...!!
Cambridge Joe 21:37 GMT June 19, 2013
eur/usd:
Reply
Indonesia-Solo Raden Mas 16:11 GMT June 18, 2013
eur/usd: Reply
will not admire if in several days later euro/usd drop till 1.3000
come on !!!!!!
############
Raden hats off to you Sir for your prescience !
A way to go yet with some rises and falls, but the journey is well under way ! Well done to you !
GVI Forex Blog 21:34 GMT June 19, 2013
- My Profile
Reply
Event risk today: Today’s calendar is busy with important releases. NZ has Q1 GDP, a major market mover with consensus today at 0.5% qoq. The RBA reports fx transactions. China has manufacturing PMI (HSBC version). The Eurozone has PMI’s, and the US releases jobless claims, PMI, home sales and a regional survey.
Forex - Westpac Morning Report
GVI Forex john -- Inner Circle 20:58 GMT June 19, 2013
- My Profile
Calendar:
Reply
June 19, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, June 20.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: CN- HSBC PMI, CH- SNB, EZ- PMIs, GB- Retail Sales, CA- Retail Sales, US- Weekly Jobs, PMI, Philly Fed, Existing Homes Sales.
- Far East: CN- HSBC flash PMI.
- Europe: CSH- SNB, EZ/DE/FR Preliminary (flash) PMIs. Consumer Confidence, GB- Retail Sales, CBI Ind Trends.
- North America: CA- Retail Sales. US- Weeekly Jobless, Markit PMI, Philly Fed, LEI, Existing Homes Sales. Natural Gas.
Direct links to primary data sources
dc CB 20:44 GMT June 19, 2013
United States:
Reply
FWIW
the move in the 5 year today was one of the largest ever.
at one point the 5Y futures were down 1 03...which just never happens...that's even a large move for the 10Y futures.
KL KL 20:42 GMT June 19, 2013
covering ALL Longs:
Reply
ok out audusd .9296...and gold 1352.5...think gold will do a magnificent dip later.....
No problem long audusd under .929 and short EURUSD above 1.432....and long eurusd under 1.326 or short it 1.34.....all a game of perspective.....
all flat...now wait for ASIA suprises.....LOL...ASIA too have tons of money to share the Love....and keep the West awake...those traders on the wrong side of the curve.....Ninja rules alright.....relentless!!
GVI Forex john -- Inner Circle 20:37 GMT June 19, 2013
- My Profile
Many PMI Reports. Fed sends mixed policy guidance:
Reply
- HIGH
IMPACT ITEMS: CN- HSBC PMI, CH- SNB, EZ- PMIs, GB- Retail Sales, CA-
Retail Sales, US- Weekly Jobs, PMI, Philly Fed, Existing Homes Sales
- The Fed policy decision by the
Fed was for no policy changes. However, the future policy guidance was
very clear. The Fed wants to exit from asset purchases as soon as it
can, but is in no rush to raise interest rates.
- Bernanke
said that an unemployment rate of 7.00% is its target level for
tapering off its asset purchase program. Bernanke said if Fed forecasts
are correct that a "tapering" will start later this year and be completed by mid-2014.
- On the other hand, its
6.50% unemployment rate "target" for starting to raise interest rates
has been softened to a "threshold" and to 6.50% or lower for starting
to consider raising rates.
- The yield on the key 10-yr note
is trading late at 2.33% +15bps and equity prices have fallen. The USD
is stronger.
- In the U.K. the latest
Bank of England Minutes vote was 9-0 for no rate change an 6-3 to keep
the size of the Asset Purchase program steady. The three voted foe an
increase.
- Thursday sees the release of a
slew of preliminary (flash) PMI reports, which are always closely
followed.
20d
avg
|
10-yr
|
Equities
|
EURUSD
1.3150
|
JGB
0.81% -2bp
|
Asia
Close Higher
|
USDJPY
98.40
|
Bund
1.56% +3bp
|
Europe:
Mixed
|
EURJPY
129.36
|
U.S.
2.33% +15bp
|
U.S.
Lower |
GVI Forex Blog 20:37 GMT June 19, 2013
- My Profile
Reply
HIGH IMPACT ITEMS: CN- HSBC PMI, CH- SNB, EZ- PMIs, GB- Retail Sales, CA- Retail Sales, US- Weekly Jobs, PMI, Philly Fed, Existing Homes Sales
The Fed policy decision by the Fed was for no policy changes. However, the future policy guidance was very clear. The Fed wants to exit from asset purchases as soon as it can, but is in no rush to raise interest rates.
Bernanke said that an unemployment rate of 7.00% is its target level for tapering off its asset purchase program. Bernanke said if Fed forecasts are correct that a "tapering" will start later year and be completed by mid-2014. .
Many PMI Reports. Fed sends mixed policy guidance
Cambridge Joe 20:29 GMT June 19, 2013
EURAUD:
Reply
Cambridge Joe 15:41 GMT June 19, 2013
EURAUD: Reply
EURAUD showing signs of firming.... IMO. GL
#############
Lucky !
Now the tide runs out again. EURAUD showing signs of softening here IMO. GL
london red 20:18 GMT June 19, 2013
-:
Reply
fibo at 96.15 rescues bulls for another crack at 100 day ma, otherwise below 96 suggests revisit to 95 and that kind of full reversal targets 93.67. a few ifs but nice false break through first post ben high set ball rolling. think asian stocks down a given and european em bonds will get killed tomorrow so odds for yen strength pretty good.
dc CB 20:14 GMT June 19, 2013
United States:
Reply
What traders were thinking during the Bernanke Presser.
dc CB 20:04 GMT June 19, 2013
United States:
Reply
this is the last Non-POMO day of the month.
Between tom and next Friday the Fed will pump somewhere between $16.5 to 21.25bil into the market with its Treas purchaces.
Also Quad Witching this Friday
Lahore FM 20:00 GMT June 19, 2013
- My Profile
" Trade Ideas "
:
Reply
Buy usdx
Entry: Target: Stop:
Lahore FM 09:19:35 GMT - 06/18/2013
Buy usdx
Entry: Target: Stop:
Lahore FM 09:12:32 GMT - 06/14/2013
Buy usdx
Entry: Target: Stop:
Lahore FM 15:20:31 GMT - 06/13/2013
usdx
Entry: Target: Stop:
bought USD at current.
--
closed usdjpy for 105 + earlier.closed gbpusd for 80 + pips now.keeping eurusd short for plus 10.keeping usdchf long for plus 25.keeping usdcad for minus 5 pips.keeping audusd short for 0 pips.
--
closed audusd short for 140 + now.
keeping eurusd short for minus 50 right now and usdchf long for minus 40..usdcad long for plus 30.
====
closed half of usdcad long for 100 pips + at 1.0270.closed half of usdchf long for 80 pips + at 0.9300.closed half of eurusd short for 55 pips + at 1.3270 now.
USA ZEUS 19:57 GMT June 19, 2013
EUR/USD:
Reply
Something tells me that EUR/USD is going to tackle 1.3327.
Cheers!
GVI Forex john -- Inner Circle 19:44 GMT June 19, 2013
- My Profile
Chart Points:
Reply
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.
london red 19:20 GMT June 19, 2013
-:
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bond purchases off table so bonds hit and dollar firms on tightening. em also hit as fast money no longer will be available. easy money done, next is what of carry trade>>yen strengthens.
Paris ib 19:03 GMT June 19, 2013
The FED is puzzled by bond yield rise:
Reply
John no-one cares a dime about the FED funds rate. They are merely symbolic, no real economic impact unless they rise to say 3% or so. And that's not on the cards. The only thing that counts is bond market rates.
GVI Forex john -- Inner Circle 19:01 GMT June 19, 2013
- My Profile
The FED is puzzled by bond yield rise:
Reply
FWIW- Bernanke has been very clear today on policy. Bottom-line, clearly the Fed wants to exit from asset purchases as soon as possible, but are in no rush to raise interest rates.
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