GVI Forex 00:23 GMT May 22, 2013 Reply   
* Investors await Bernanke testimony, BOJ meeting outcome

* Higher Japanese bond yields won't support yen -strategist

FOREX NEWS - Dollar edges down as Fed officials hint at status quo

manila tom 23:59 GMT May 21, 2013
Buy EURUSD
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
Buy EURUSD
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.


Qindex.com

EUR/USD : Monthly Cycle Charts

GVI Forex Inner Circle 21:26 GMT May 21, 2013 Reply   


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 Reply   

• 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.
  
• 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 expected.
• 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 Reply   
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 Reply   

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.

GVI Forex Inner Circle 19:34 GMT May 21, 2013 Reply   
Preliminary Closing Trading Points...
many more chart points
About Moving Averages
About Bollinger Bands

JERUSALEM kb 18:48 GMT May 21, 2013
Sell Gold
Entry: 1358 Target: 1339-open Stop: 1365

sell stop

hk ab 18:18 GMT May 21, 2013
PAR, Cyprus x 2?

or Cyprus 2nd?

for Irish

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 Reply   
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 Reply   
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.

MNI

HK Kevin 17:10 GMT May 21, 2013 Reply   
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 Reply   
Final Speech by BOC Carney as head of BOC...

Canada Works

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.

IMO. GL

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.

IMO. GL

PAR 16:22 GMT May 21, 2013 Reply   
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
stooopppssss

GVI Forex 15:36 GMT May 21, 2013 Reply   
US equities continue to trade sideways this morning as markets lack major catalysts for a second consecutive day. Traders are waiting with great anticipation for Fed Chairman Bernanke's Congressional testimony tomorrow mornin

TradeTheNews.com US Market Update: Waiting for Bernanke, US Markets Flat

Miami JN 15:33 GMT May 21, 2013
What happened to eur????

London Chris 15:09 GMT May 21, 2013 Reply   
Is anyone trading or are we all waiting for tomorrow's Bernanke fireworks?

GVI Forex 14:17 GMT May 21, 2013 Reply   
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 Reply   
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 Reply   
$/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.
makes sence

GVI Forex 11:57 GMT May 21, 2013 Reply   
* Japanese economy minister hopes for "balanced" yen

* Bernanke's Congressional testimony, BOJ meeting in focus

* Dollar index underpinned near three-year high

FOREX NEWS - Dollar resumes upward trek, Bernanke key to more gains

SaR KaL 11:49 GMT May 21, 2013
if and only if?...No?
not done dat for a while

ok

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.

End if

SaR KaL 11:33 GMT May 21, 2013
gbpchf
fine long below 1.47
tgt 1.49 area
longer term
1.52

SaR KaL 11:25 GMT May 21, 2013
eurgbp
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
to 1.5000
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
Purk
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

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