manila tom 23:59 GMT May 21, 2013
Entry: Target: Stop:
so far so good Dr. Qindex, once it stabilises above 1.2928 then we should see 1.2970-80 soon and even 1.3020 by friday, cheers
Melbourne Qindex 23:32 GMT May 21, 2013
Entry: Target: Stop:
EUR/USD : The market is performing well in the last trading session. The supporting range is expected to move higher to 1.2875 - 1.2902. EUR/USD will move higher and tackle the range at 1.2950 - 1.2981.
EUR/USD : Monthly Cycle Charts
GVI Forex Inner Circle 21:26 GMT May 21, 2013
May 21, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, May 22.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: JP- BOJ, GB- BOE Minutes, Retail Sales, Bernanke, Existing Homes Sales, Fed Minutes.
- Far East: JP- BOJ.
- Europe: EZ- Current Account, GB- BOE Minutes, Retail Sales, CBI Trends.
- North America: US- Bernanke Testimony, Existing Homes Sales, Weekly Crude. Fed Minutes.
Direct links to primary data sources
Livingston nh 21:14 GMT May 21, 2013
Biggest risk w/ Ben is the potential disagreement among his fellows - he is a "lame duck" - money must move to be effective and some folks think Ben too concerned w/ bank stability
GVI Forex Inner Circle 20:42 GMT May 21, 2013
IMPACT ITEMS: JP- BOJ, GB- BOE Minutes, Retail Sales, Bernanke,
Existing Homes Sales, Fed Minutes
- Wednesday will see the
minutes from the latest Fed Meeting (May 1) and testimony by Chairman
Bernanke to the House. This testimony will give him ample opportunity
to signal to the markets what the current intentions of the central
bank may be. Fed speakers recently have been
leaning in favor of a start to tapering bond purchases.
- U.K. inflation data released
Tuesday were softer than expected but still above BOE target. The GBP
fell on the news.
- USDJPY traded steady
after the Japanese Economics Minister backed off expressions of
satisfaction with the current value of the JPY. The Nikkei gained and
10-yr JGB yields were
higher. A BOJ decision is due on Wednesday. No change in policy is
- Thursday sees a number of flash
PMI reports U.K. data could also influence the GBP The critical
German IFO Survey is due on Friday.
GVI Forex Blog 20:40 GMT May 21, 2013
HIGH IMPACT ITEMS: JP- BOJ, GB- BOE Minutes, Retail Sales, Bernanke, Existing Homes Sales, Fed Minutes
Wednesday will see the minutes from the latest Fed Meeting (May 1) and testimony by Chairman Bernanke to the House. This testimony will give him ample opportunity to signal to the markets what the current intentions of the central bank may be. Fed speakers recently have been leaning in favor of a start to tapering bond purchases.
UK CPI & RPI weighs on GBP. Bernanke and BOJ Wednesday
GVI Forex Inner Circle 20:31 GMT May 21, 2013
-- ALERT --
(Estimates and Previous data for EIA Survey)
Crude Oil: +0.500 vs. 0 exp vs. -0.625 prev.
Gasoline: +3.000 vs. -0.5 exp vs. +2.600 prev.
Distillates:+0.460 vs. -0.5 exp vs. +2.300 prev.
Cap/Util: 86.8% vs. n/a exp. vs. 88.0% prev.
TTN: Live News Special Offer
GVI Forex Inner Circle 19:39 GMT May 21, 2013
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.
JERUSALEM kb 18:48 GMT May 21, 2013
Entry: 1358 Target: 1339-open Stop: 1365
hk ab 18:18 GMT May 21, 2013
PAR, Cyprus x 2?
or Cyprus 2nd?
PAR 18:04 GMT May 21, 2013
It is not only Apple .
However, corporate taxes as a percentage of government receipts are at an all-time low:
Read more: http://www.businessinsider.com/two-charts-corporate-tax-avoidance-revenue-offshore-2013-5#ixzz2Tx3iDylq
PAR 17:58 GMT May 21, 2013
Or create a new " Bank Bankruptcy App " .
Livingston nh 17:50 GMT May 21, 2013
Maybe just let the banks fend for themselves --
PAR 17:47 GMT May 21, 2013
Next time Ireland faces a banking crisis they could ask Apple for help instead of poor Irish people and European taxpayers . LoL
Livingston nh 17:29 GMT May 21, 2013
ab - my thought is rates influence the USD (and world rates??) - gold is selling off since April // Fed has to control rates - if it stops buying treasuries it is forfeiting control to the market - ergo it has to hike but keep buying
hk ab 17:24 GMT May 21, 2013
even yen rate was kept at 0.00 for so long, it had been staying in the 70-80 region for so long as well.....
hk ab 17:23 GMT May 21, 2013
nh, they can still buy gold on eur and jpy if they want to push.....imvho
Livingston nh 17:17 GMT May 21, 2013
what if the Fed raises rates and continues to buy treasuries? gold isn't money but it is sensitive to rates
GVI Forex 17:14 GMT May 21, 2013
FED: FRBNY Pres Dudley remains dovish. He talks of adjusting QE up or down, unsure of which way next, but warns of mkts overreacting to taper and posits Fed might want to hold, not sell, MBS to prevent a rate rise. He says Jun'11 exit advisory is dated and Fed should update thinking on bal sheet, possibly with eye on how to "mitigate potential costs and risks." Says FOMC "could decide to indicate that it will avoid selling the MBS portfolio" during early stage of normalization or perhaps not sell MBS at all to avoid a sharp increase in long rates. Challenge will be getting "the initial tightening of financial market conditions... commensurate to what we desire. There is a risk is that market participants could overreact" or move too fast. That would threaten fin'l stability, also "make it harder to calibrate mon policy appropriately." He wants QE "to respond flexibly to a changing econ outlook," but not disrupt the economy. "Based on what we have learned to date at the zero bound, I believe that it will be important for us to anchor all communication" around Fed's core principles of getting a better econ and low infl.
HK Kevin 17:10 GMT May 21, 2013
Limit sell order 1.2930 executed. Next added level at 1.2980. Overall stop at 1.3060, t/p 1.2780
GVI Forex Inner Circle 16:44 GMT May 21, 2013
Final Speech by BOC Carney as head of BOC...
Cambridge Joe 16:39 GMT May 21, 2013
I've got a window abt 45 Mins out and appr 45 mins wide shoukld see softer e/$... for a start.
Cambridge Joe 16:35 GMT May 21, 2013
I've got e/$ looking like it's to drop into Asia. Pick your time..!
A violent seesaw.
PAR 16:22 GMT May 21, 2013
Dollar weaker as Bernanke will keep printing dollars as never before .
Cambridge Joe 16:02 GMT May 21, 2013
as long as stops are above 53.... should hang in there... ?
GVI Forex Inner Circle 15:46 GMT May 21, 2013
Major bond market prices mostly weaker. Peripheral prices mixed.
LDN CH 15:44 GMT May 21, 2013
Miami JN 15:33 GMT May 21, 2013
What happened to eur????
London Chris 15:09 GMT May 21, 2013
Is anyone trading or are we all waiting for tomorrow's Bernanke fireworks?
GVI Forex 14:17 GMT May 21, 2013
eurchf pops above 1.25
london red 13:46 GMT May 21, 2013
to clarify; ready to nail gbp vs euro. cable is another matter with dollar side the focus.
london red 13:41 GMT May 21, 2013
first couple of rebounds off trendline were tradable, but since 8500 taken looks like 200 week will come into play at 8517. i wouldnt stand in the way of that if broken convincingly but you have to wonder if market is ready to nail gbp with minutes tomorrow. thats enough to allow me to let any upside run. as always there will be plenty of chances to get on board without such issues.
Cambridge Joe 13:35 GMT May 21, 2013
I'm getting firmer Cable ... worth guarding your shorts !
NY JM 13:16 GMT May 21, 2013
1.5034 is next key support on daily chart -- so no obvious stops below the market.
As red pointed out, eurgbp .8500 is more of the focus
Cambridge Joe 13:00 GMT May 21, 2013
$/MXN : Nice down move lurking about 10 mins out from here.
IMO. GL (softer)
SaR KaL 12:08 GMT May 21, 2013
ideas of politicians of what reforms should look like.
SaR KaL 11:49 GMT May 21, 2013
if and only if?...No?
not done dat for a while
if and only if GBPNZD does not go above 1.88 within the next 15 hrs...I will do the following;
1) Head down to Mali...dive with tiger sharks all night...then come back and have Rice cockroaches for dinner.
2) Fly over to Sierra and call the president an azz on National TV.
3) Take flight all the way to north Korea...and tell everyone I hate Garlic.
SaR KaL 11:33 GMT May 21, 2013
fine long below 1.47
tgt 1.49 area
SaR KaL 11:25 GMT May 21, 2013
can short for 100 pips
SaR KaL 11:21 GMT May 21, 2013
it's gonna get really bad today folks.
objectivity and measurable...and not political
SaR KaL 11:17 GMT May 21, 2013
what i rather do is this
SaR KaL 10:55 GMT May 21, 2013
I will long cable today if below 1.5050
tgt 1.5210 Max
eurusd 1.2660 to 1.2630
tgt 1.2890 Max
now short on both
SaR KaL 10:46 GMT May 21, 2013
Just where it can not go...Rather then where it will
if it did it fast enough... i will get out
gbpnzd and gbpaud
are very much near the point of no return
if one longs and goes his way
then we wont see these levels again for at least 3 weeks
GVI Forex Jay Meisler 10:41 GMT May 21, 2013
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Amsterdam Purk 10:34 GMT May 21, 2013
Aud is not going to move 300 pips today Khalid, 150 yes maybe. I will be there to long for a handful of pips...
SaR KaL 10:33 GMT May 21, 2013
audusd tgt .94 for today
.90 for 2 wks