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Forex Forum Archive for 01/12/2009

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Click here to join the Live Forex Forum.


Syd 23:38 GMT January 12, 2009
NZ Business Confidence Plunges To Near 40-Yr Low
Reply   
New Zealand's business confidence plunged in the fourth quarter to a near 40-year low, according to a private-sector survey Tuesday, increasing expectations that the Reserve Bank will continue to aggressively ease interest rates over the coming months. According to the New Zealand Institute of Economic Research's Quarterly Survey of Business Opinion, a net 64% of surveyed companies expect general conditions to deteriorate over the next six months versus a net 19% expecting a deterioration in the third quarter.NZIER said a net 77% of companies expect business conditions to deteriorate over the next six months, much worse than the 24% recorded in the previous survey. The seasonally adjusted figure is the highest expecting a deterioration since at least March 1970.

Tallinn viies 23:24 GMT January 12, 2009
eurusd
Reply   

short at 1,3430 area. stop over 1,3490. target 1.3165

Tallinn viies 23:23 GMT January 12, 2009
eurusd
Reply   
planning to short euro today at 1,3430 a

jkt-aye 23:23 GMT January 12, 2009
Trade Ideas

Buy gbpusd
Entry: 1.4760 Target: 1.4830 Stop: 1.4710

gtgl

Syd 23:01 GMT January 12, 2009
global
Reply   
China Daily reports December exports declined 2.8% and imports dropped 21.3%; data expected to be officially released as early today- these figures confirm data reported by the WSJ yesterday
NEW ZEALAND Q4 NZIER Business Opinion Survey: -64 v -19 prior
UK ministers are mulling guaranteeing £20B in loans for small businesses - BBC

Tallinn viies 22:43 GMT January 12, 2009
eurusd
Reply   
DJ German Government Announces Second Stimulus Package

BERLIN (AFP)--Germany's government finalized Monday a second stimulus package aimed at lifting Europe's biggest economy out of its worst postwar recession, a senior member of junior coalition partner the SPD said.

The package agreed by Chancellor Angela Merkel's CDU conservatives and the SPD was expected to be worth some EUR50 billion ($67 billion), and is the second attempt by Berlin to boost flagging growth.

Peter Struck, head of the SPD in parliament, said after late night talks in Berlin that the package included EUR17-18 billion worth of infrastructure investment.


Syd 22:03 GMT January 12, 2009
AUD Should Sell Off Broadly In Asia DJ>
Reply   
Everything points towards another negative session for AUD against most currencies, led by broad-based selling as early year optimism well and truly evaporates, says Bank of New Zealand Strategist Danica Hampton. Says renewed concerns for global outlook doesn't bode well for high yield currencies. "It's really a case of New Year's optimism fading." Notes selling in offshore session from Asia based real money accounts and custodian accounts. Pegs initial AUD/USD support at 0.6780, then 0. 6740.

Syd 21:56 GMT January 12, 2009
DJ Asia Central Banks May Sell Euro On S&P - CBA
Reply   
Asia central banks may move to sell some of their holdings in EUR in response to Standard & Poor's warning of a possible Spanish ratings downgrade, says CBA FX Strategist Richard Grace. "Asian central banks in particular may take a dimmer view, and you'll see some shuffling out of EUR." However, says any selling will be modest and not spark a major portfolio rejig. Says EUR will remain a major reserve currency and high yield currency. "While rates are likely to be cut, they're still going to remain higher than they are in all of the other reserve currencies around the world and that will support the EUR." EUR/USD last 1.3372.

lkwd jj 21:45 GMT January 12, 2009
gbp

gbp
Entry: 14819 Target: 14915 Stop: 14794

testing strength of short term trendline.

GVI Forex john 21:41 GMT January 12, 2009
GVI Forex Analysis
Reply   

Click for Complete Chart Points

12-Jan-09

EURUSD

USDJPY

USDCHF

GBPUSD

USDCAD

Close

1.3367

89.00

1.1139

1.4828

1.2167

High

1.3477

90.25

1.1240

1.5115

1.2176

Low

1.3290

88.90

1.1098

1.4814

1.1883

Simple mva

EUR/USD

USD/JPY

USD/CHF

GBP/USD

USD/CAD

5 day

1.3536

91.50

1.0960

1.4846

1.1923

10 day

1.3713

91.48

1.0785

1.4641

1.2025

20 day

1.3886

90.65

1.0754

1.4717

1.2072

50 day

1.3251

93.37

1.1420

1.4868

1.2231

100 day

1.3567

98.62

1.1282

1.6124

1.1686

200 day

1.4560

102.27

1.0805

1.7834

1.0936

Gen dk 21:40 GMT January 12, 2009 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Lahore FM 21:37 GMT January 12, 2009
Trade Ideas

long march s&p 500 868.75.mind stops around 835.

Lahore FM 21:22 GMT January 12, 2009
Trade Ideas

Buy gbpjpy
Entry: 132.29 Target: open Stop: 131.00

01/08/2009 22:28:27 FM Lahore 41
long gbpjpy order working at 135.20.
--
filled earlier.

--
added long 132.29 with stops at 131.00.

Lahore FM 21:19 GMT January 12, 2009
Trade Ideas

Buy gbpusd
Entry: 1.4830 Target: open Stop: 1.4700

small long gbpusd 1.4830.stops 1.4700.

Lahore FM 21:16 GMT January 12, 2009
Trade Ideas

01/05/2009 16:28:15 FM Lahore 109
went long at 1.1900.looking for the said target.
--
half out at 1.2158.

lkwd jj 21:15 GMT January 12, 2009
gbp
Reply   
GBP
Entry: Target: Stop:

trendline from lows of 12/31-1/06 offering support @ 14820-30. looking to sell if we go back to 14975. area. might not get there but ma20 is there so we can retest resistance. sell on pops is the theme here.

Syd 20:43 GMT January 12, 2009
fx
Reply   
UK Fin Min Darling: FX volatility is not surprising, Global economy may encounter a 'dramatic' downturn
Fed's Lockhart: Fed could keep rates at "very low levels" for a good part of 2009, not concerned about deflation in the US currently
Spanish govt comments it does not expect S&P to cut its rating- comments after S&P put the AAA rating on creditwatch negative

Hillegom Purk 19:50 GMT January 12, 2009
usd/jpy
Reply   
Buy
Entry: 88,97 Target: 96,22 Stop: 70

Will add till drop. Starting small and trade around. Will use 1/12 method. Nice stop...

Maribor 18:50 GMT January 12, 2009
EURCHF
Reply   
EURCHF target 1,508 first, than sometime in the future 1,71.

Stuttgart Joerg 18:42 GMT January 12, 2009
Positions

Sorry.....it was wrong Info. i didnt close may GBP/USD Position, stilll short

Stuttgart Joerg 18:38 GMT January 12, 2009
Positions

Positions
01/12/2009 16:27:54 Joerg Stuttgart 1

USD/JPY - Went Short @ 89.70 with target 89.00 now i let em trail
GBP/USD - Went Short @ 1.4928 target open with TLS
-----------------------------------------------------------------

Closed USD/JPY and turned into long @ 89.15
Closed GBP/USD and turned into a long @ 1.485

Lahore FM 18:14 GMT January 12, 2009
USD/JPY

Mike it will likely try to creep back above 90.00 i suppose onc there it may try 94.00 again

Mirdiff Mike 18:00 GMT January 12, 2009
USD/JPY

Sir,Do you have any specific targets in sight for USD/JPY.

Lahore FM 17:56 GMT January 12, 2009
USD/JPY

Mike,personally i think usdjpy will base yet again and go up again.main reason for the view is that carry has to kick back in sooner or later and that requires weak yen.this can be the basis for the premise!

Stockholm za 17:54 GMT January 12, 2009
Stockholm za


NOKSEK
Happy trades .........


Mirdiff Mike 17:51 GMT January 12, 2009
USD/JPY
Reply   
Dear Lahore,Could you pls share your thoughts on USD/JPY.Thankyou.

Lahore FM 17:51 GMT January 12, 2009
Trade Ideas

01/06/2009 20:29:00 FM Lahore 94
added short gold 864.90 now to earlier at 850 from european open.
--
remainder out now at 823.60 for 40 dolls.had closed part at 848 earlier.

Lahore FM 17:44 GMT January 12, 2009
Trade Ideas

01/08/2009 09:31:51 FM Lahore 61
01/05/2009 16:19:18 FM Lahore 49
sold audusd once more at 0.7150.
--
closed part at 0.7014,stops to entry on rest.

closed all of euruad long at 1.9349 for once for small gains.wiill reload if lower.
--
Out at 0.6813 from 0.7150 now.

UAE SAS 17:39 GMT January 12, 2009
Stockholm za
Reply   
Thanks but there would not be a big difference in yield ... I was just curious about how this pair is traded most is it SEKNOK or NOKSEK ....

Gen dk 17:32 GMT January 12, 2009 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Lahore FM 17:28 GMT January 12, 2009
Trade Ideas

Alimin,thanx.i suppose normally it shud be the top at 94/95 but i have some personal doubts.they might mean nothing though.

makassar alimin 17:22 GMT January 12, 2009
Trade Ideas

FM, well done on your usdcad trade! where do you see usdjpy go from here? can we safely say that 94-95 was the top for this quarter?

Lahore FM 17:08 GMT January 12, 2009
Trade Ideas

good trade on cable there,Kevin!

Stockholm za 17:06 GMT January 12, 2009
Trade SEK/NOK or NOK/SEK


UAE SAS >>
Your question is in-complete, or need to be rephrased.
For what you are asking is similar to –
Which combination yields more: [5+3] or [3+5] ?


singapore td 16:42 GMT January 12, 2009
QIndex Trading System

still holding usdjpy short from 0.9033, stop moved now to BE, definitely heading much lower by Friday

Hong Kong Qindex 16:39 GMT January 12, 2009
QIndex Trading System

Sell USD/JPY
Entry: Target: Stop:

USD/JPY : I am looking forward to see 8823 - 88.31. A critical supporting point is positioning at 86.61.

Stuttgart Joerg 16:27 GMT January 12, 2009
Positions
Reply   
USD/JPY
Entry: Target: Stop:

USD/JPY - Went Short @ 89.70 with target 89.00 now i let em trail
GBP/USD - Went Short @ 1.4928 target open with TLS

HK Kevin 16:15 GMT January 12, 2009
QIndex Trading System

Hong Kong Qindex 16:09 GMT, thanks Master.

Hong Kong Qindex 16:09 GMT January 12, 2009
QIndex Trading System

AUD/USD : 0.6828 is a significant level in my weekly cycle series. One should place the stop position below 0.6804 which is a current weekly cycle pivot center.

UAE SAS 16:05 GMT January 12, 2009
Trade SEK/NOK or NOK/SEK
Reply   
Hi all .. have a question for anyone who knows which has more liquidity seknok or noksek ? ... any help would be appreciated

HK Kevin 16:01 GMT January 12, 2009
Aussie
Reply   
Hong Kong Qindex 15:57 GMT, does 0.6820 a signifacant support in your chart analysis? Thanks in advance. I'm thinking of long the pair near 6830 with a tight stop below 6810.

Hong Kong Qindex 15:57 GMT January 12, 2009
QIndex Trading System

Sell USD/JPY
Entry: Target: Stop:

USD/JPY : The next downside targeting range is 88.79 - 88.89.

HK Kevin 15:53 GMT January 12, 2009
Trade Ideas

HK Kevin 15:03 GMT January 12, 2009
Trade Ideas: Reply
Lahore FM 14:27 GMT, good trades.
I just closed half at 0.9012. Move stop of remaining half to 0.8929
Just closed 2nd half long EUR/GBP at 0.8995.
Still waiting for Cable to see 1.4770/80 to cover my short position.

Mtl JP 15:46 GMT January 12, 2009
all about eurgbp

tks. favour down bais myself against daily close sub 90.

re fibs: fwiw, am not a big fan of fibs less than 38% or more than 62%, for reason having to do with the marginal thingie.

eu kaprikorn 15:38 GMT January 12, 2009
all about eurgbp
Reply   


hi JP - another look on fibs - but after a little consolidation the downside should ensue -- cheers

Hong Kong Qindex 15:15 GMT January 12, 2009
QIndex Trading System

EUR/GBP : There is no change in my view.

USA BAY 15:13 GMT January 12, 2009
QIndex Trading System

HONG KONG QINDEX,

DR Q, Your call to sell eur/gbp is it still valid. tia

Hong Kong Qindex 15:06 GMT January 12, 2009
QIndex Trading System

Sell EUR/USD
Entry: Target: Stop:

EUR/USD : The following is still valid for today :-



Hong Kong Qindex 09:00 GMT January 12, 2009
QIndex Trading System: Reply
Sell EUR/USD
Entry: Target: Stop:

EUR/USD

: The current expected trading range is 1.3262 - 1.3383. A fair value is 1.3280.

HK Kevin 15:03 GMT January 12, 2009
Trade Ideas

Lahore FM 14:27 GMT, good trades.
I just closed half at 0.9012. Move stop of remaining half to 0.8929

Hong Kong Qindex 14:57 GMT January 12, 2009
QIndex Trading System

Sell EUR/USD
Entry: Target: Stop:

EUR/USD

: The bias is on the downside when the market fails to overcome the projected resistant level at 1.3444 - 1.3467. Since the market closed below 1.3467 in the last New York session, one have to be very cautious that EUR/USD will trade further down the road as indicated by the normal lower limits.


Directional Indicator : 1.3280 - [1.3444] - 1.3544 - [1.3720] - 1.3997 - [1.4063] - 1.4237* - 1.4584* - 1.5028*


Normal Lower Limits : [1.0010] - [1.1508] - 1.1768] - 1.1975 - 1.2586 - 1.2834* - 1.2892 - 1.2960* - 1.3467*

Lahore FM 14:27 GMT January 12, 2009
Trade Ideas

01/09/2009 18:39:23 FM Lahore 8
01/09/2009 14:32:02 FM Lahore 8
eurgbp long added at 0.8895,to earlier at 0.9000.stops for this 2nd long only at 0.8840.
--
stopped at 0.8840 which was pretty unfair..lolzz
long again 0.8883,no stop whatever.
--
half out at 0.9010 for +127,stops placed to entry 0.8883 for rest 1/2.

Lahore FM 14:21 GMT January 12, 2009
Trade Ideas

01/07/2009 16:55:57 FM Lahore 61
went long at 0.9000.
--
long at 0.9000 out now ar 0.8995 for minus 5.

Lahore FM 13:48 GMT January 12, 2009
EUR/CHF

that would be nice.i might square off higher entry in full.

HK Kevin 13:46 GMT January 12, 2009
EUR/CHF

Lahore FM 13:40 GMT, GBP may hit 1.4770/80 today. If seen, EUR/GBP will probbaly test my expected daily high 0.9020.

Lahore FM 13:40 GMT January 12, 2009
EUR/CHF

yes Kevin holding two longs 0.8880 and 0.8900 looking for resumption higher nothing less.

HK Kevin 13:38 GMT January 12, 2009
EUR/CHF
Reply   
Lahore FM 13:29 GMT, are you still hold long EUR/BGP?
I am thinking to cover my long position half around Qindex 0.8980 and half at 0.9020 if seen today.

Lahore FM 13:29 GMT January 12, 2009
Trade Ideas

01/09/2009 18:28:39 FM Lahore 9
01/08/2009 11:56:51 FM Lahore 39
long euruad order in place at 1.9025.will see about stops once filled.
--
filled at 1.9025 currently running with stops at 1.8800.
--
half out at 1.9520 now for +495.leeping rest with entry stops.

GVI Forex john 12:11 GMT January 12, 2009
GVI Forex Analysis
Reply   

Click for Complete Chart Points

9-Jan-09

EURUSD

USDJPY

USDCHF

GBPUSD

USDCAD

Close

1.3431

90.47

1.1154

1.5139

1.1868

High

1.3757

91.65

1.1185

1.5348

1.1967

Low

1.3416

90.15

1.0890

1.5118

1.1796

Simple mva

EUR/USD

USD/JPY

USD/CHF

GBP/USD

USD/CAD

5 day

1.3582

92.34

1.0884

1.4769

1.1868

10 day

1.3775

91.65

1.0712

1.4605

1.2023

20 day

1.3901

90.73

1.0777

1.4724

1.2083

50 day

1.3236

93.57

1.1427

1.4888

1.2225

100 day

1.3581

98.82

1.1279

1.6161

1.1670

200 day

1.4571

102.34

1.0800

1.7860

1.0926

Bilad KaL 11:53 GMT January 12, 2009
Positions Now

add usdjpy longs here

TRICHY BALA 11:41 GMT January 12, 2009
INTRADAY CALLS
Reply   
Sell USD/JPY
Entry: 90 Target: 88.40 Stop: 90.28

CHECK OUT THIS ENTRY

Amsterdam Purk 11:11 GMT January 12, 2009
aud

Yes i like it. They gave me a laptop so that i can trade. If i sit in the back i have a table and the bar, so that i can easily trade...

Amsterdam Bobsy 11:08 GMT January 12, 2009
aud
Reply   
Amsterdam Purk 11:02 GMT January 12, 2009
You finally got your fream job as a valet parking attendant outside those Amsterdam supermarkets....told you that if you visit them long enough, persistnece pays...Watch the metallic paint on Maxims Touareg...

Amsterdam Purk 11:02 GMT January 12, 2009
aud versus de usd
Reply   
Well the rangeexpansion is there so trading this pair might be interesting. Although i rather see 75 first. I will come later with the downside targets and the upside targets, not at home right now, have to take care to the filthy rich and their VW Touaregs...

Gen dk 10:29 GMT January 12, 2009 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Syd 10:17 GMT January 12, 2009
Euro
Reply   
Euro vs US Dollar Dealer chatter circulating of sizeable Euro-Zone bond redemptions taking place this week- Dealers noting that EUR/USD weakness could also be affected by repatriation flows

Graz 09:38 GMT January 12, 2009
EUR/USD
Reply   

Graz 14:17 GMT January 8, 2009
EUR/USD trade: Reply
Sell EUR/USD
Entry: 13788 Target: 10x Stop Stop: 13838

Mumbai Navin 09:36 GMT January 12, 2009
Trades for the medium term (3m)
Reply   
Sell USD/CHF
Entry: 1.1270 Target: 1.0375 Stop: 1.1400

In addition to above, the following trades running:

Long EUR/USD 1.3375, stop 1.3310. Target open
If stopped, will still look to buy between 1.32 - 1.3280.

Short USD/JPY 91.30, stop moved to cost. Target 87.50

Long GBP/USD 1.5010. Will add equal amount at 1.4880, stop 1.4675 t/p 1.5700

Syd 09:19 GMT January 12, 2009
Telegraph reports that reform plan could allow BoE to secretly print money
Reply   
According to the report, the UK Government is set to scrap a 165 year requirement obliging the BoE to publish a weekly account of its balance sheet, theoretically allowing it to embark on quantitative easing undisclosed
Under the plan, the Bank will now publish details of its balance sheet on a monthly basis

Syd 09:12 GMT January 12, 2009
DJ That May Be It For USD/JPY This Quarter - Mizuho
Reply   
USD/JPY charts suggest a high for January, or possibly even the 1Q of 2009 has now been seen, says Mizuho Corporate Bank's Nicole Elliott. Over the course of this week Elliott looks for a drop to 89.00, possibly 88.00 where more consolidation is likely. For a strategy she favors small shorts at market, adding at 91.00 with a stop above 91.70 to target 89.75, 89.55 and then 88.00. USD/JPY now trades at 90.13 from the 2009 high of 94.65.

Hong Kong Qindex 09:00 GMT January 12, 2009
QIndex Trading System

Sell EUR/USD
Entry: Target: Stop:

EUR/USD

: The current expected trading range is 1.3262 - 1.3383. A fair value is 1.3280.

Munich peter 07:12 GMT January 12, 2009
Trade Ideas

Thanks FM. GL GT

Syd 06:55 GMT January 12, 2009
EUROPE
Reply   
IMF's Strauss-Kahn: Europe is 'behind the curve' on fiscal stimulus; may contract 1-2% in 2009; ECB likely to cut rates further
- Notes it is unlikely ECB rate cuts will help much
- Says Europe is 'underestimating' the need for stimulus
- IMF may need another $150B to combat crisis; would not be difficult to find $150B more
- Sees limited impact on economies from tax cuts
- Banks to lose a lot more than $1.4T
- IMF to cut 2.2% 2009 world growth forecast
- Russia's large reserves mean destabilization is not likely
EU's Junker: European states may need to place legal pressure on banks to provide loans - Press interview
- Says 2009, 2010 will be 'difficult' years; hopes for return to normal 2011, 2012
- Does not believe crisis has worsened but uncertain if 'worst is behind'
- ECB rate cut effects will not be felt for a few months
- Notes Euro zone's weak point is its low growth potential
- Germans realized their first stimulus package was not large enough
- Says stimulus should not occur at the expense of budget consolidation efforts
- Growing US budget deficit could increase global imbalances, especially in FX
- Must remain vigilant on FX due to the risk of a second crisis emerging
- EU should 'deepen' talks with oil supplier nations; notes price volatility is 'extreme'


Bilad KaL 06:50 GMT January 12, 2009
Oil is simply a buy
Reply   
I am Longing @ will

Bilad KaL 05:58 GMT January 12, 2009
Positions Now
Reply   
3 Lots each and direction
wish me luck
AUD/USD __________ S
CAD/JPY __________ S
EUR/AUD __________ B
GBP/JPY __________ S
GBP/USD __________ S
GBP/USD __________ S
NZD/JPY __________ S
NZD/USD __________ S
USD/CAD __________ B
USD/CAD __________ B
USD/JPY __________ B
USD/JPY __________ B

Syd 05:02 GMT January 12, 2009
EUROPE
Reply   
The German government has agreed to take stakes in any large industrial companies facing insolvency - FT
- The plan could include a €100B Germany fund that would issue credit guarantees to help companies facing liquidity problems.
- On Monday, Germany is expected to adopt a 2-yr €50B fiscal package.


Hong Kong Qindex 04:26 GMT January 12, 2009
QIndex Trading System

Sell DJIA
Entry: Current Target: 7718 Stop: 9000

DJIA : Resistance at 8711


The bias is on the downside when the market is trading below 8711. As shown in the monthly cycle charts the current expected trading range is 8241 - 8764. The current weekly cycle oivot centers are located at 8140 - 8199 - 8870. Speculative selling pressure will increase when the market is trading the weekly cycle pivot center at 8140.

Syd 04:16 GMT January 12, 2009
DJ UPDATE: Pain In Australian Job Market Intensifies In Dec
Reply   
Employment advertising in Australia contracted sharply in December, fueling fears of accelerated job losses in 2009 and lifting prospects for further sharp interest rate cuts in coming months. Between September and December 2008, newspaper job advertising slumped by 33%, it's fastest decline on record, dashing already faint hopes Australia's job market would escape the worst effects of the global financial crisis.
Warren Hogan, head of Australian economics at ANZ, said the numbers were consistent with a recession in the economy in 2009 and a significant rise in the unemployment rate. The data have cast a shadow over official labor force data for December due on Thursday. Market economists expect a fall in employment of 20,000 in December, adding to a fall of 15,600 in November. The unemployment rate is likely to rise to 4.5% in December from 4.4% in November, according to a Dow Jones Newswires survey of 16 economists on Friday. "The underlying weakness in job ads suggests that the labor market could be in worse shape than economists expect," said Joshua Williamson, senior strategist at TD Securities. "If this is the case, unemployment estimates of around 6.0% for 2009 are conservative," he said. Wiliamson said interest rate cuts could stretch out to a further 100 basis points, adding to the 300 basis points put in place by the central bank since September. Western Australia state spearheaded the decline in newspaper advertising, according to the ANZ survey, posting a 22.8% drop in December from November. The collapse in labor demand in the resource-rich state likely reflects the massive plunge in commodity prices in the second half of 2008.

Lahore FM 04:09 GMT January 12, 2009
Trade Ideas

Buy usdcad
Entry: 1.1875 Target: 1.3000 Stop: 1.1800

placed order to long usdcad 1.1875 in addition to earlier long at 1.1900.looking for usdcad to participate in the usd rally.

Lahore FM 04:06 GMT January 12, 2009
Trade Ideas

Peter,1.3260 looks first and then a retest of 200 currently lower at 1.4120 with possibility of breach upwards is the current scenrio.

Syd 03:02 GMT January 12, 2009
global
Reply   
Chrysler facing a new serious challenge of balooning inventory and halted orders from cardealers
- CEO Nardelli: Admits outflow in cash reserves, saying the company ended 2008 with $2B in cash v $11.7B see in June

WSJ Currency Trading section sees potential weakness in the Euro ahead of this week's ECB decision, while also commenting on contraction in Germany's export and industrial sectors

According to data from NB Real Estate, 2008 London office rents declined by 19% y/y- The 2008 vacancy rate rose to 11% from 9.6% at the end of Sept.

Hong Kong Qindex 02:14 GMT January 12, 2009
QIndex Trading System

Sell S&P 500
Entry: Current Target: 824.0 Stop: 930.0

S&P-500 (SP, CME) : Resistance at 890.4


The bias is on the downside when it is below 890.4. As shown in the monthly cycle charts the current expected trading range is 828.9 - 892.0. Speculative selling pressure will increase when the market is trading below 879.4. The weekly cycle pivot centers are located at 850.0 - 922.8 - 926.2. The initial weekly cycle downside targeting points are 808.3 - 818.3 - 823.7. On last Friday the market closed at 885.5.

YVR MAXXIM 01:40 GMT January 12, 2009
VNT

results for today's open:fwiw
01/11/09,
19:57:27 FX GBP/USD 3 S 01/09/09,
22:26:26 1.5165 1.5088 231.00

Munich peter 01:05 GMT January 12, 2009
Trade Ideas

FM, last week we discussed eurusd and you mentioned the (high) probability of retesting 200 dma soon. Has your view changed following last Friday's move and today's opening? TIA

Syd 00:42 GMT January 12, 2009
ANZ Australia Total Job Ads Fell 9.7% In Dec Vs Nov
Reply   
The total number of job advertisements in Australian newspapers and on the internet fell 9.7% in seasonally adjusted terms in December compared to the previous month, to an average of 190,661 ads per week, contributing to a 29.9% annual decline, Australia & New Zealand Banking Group Ltd. (ANZ), which compiles the data from major newspapers, said Monday. Warren Hogan, head of Australian economics at ANZ, said the rate of decline in demand for labor intensified in December, "providing further evidence that the demand for new labor across the Australian economy is now at recession levels." "A 50% decline in newspaper job advertising in a year is historically consistent with economic recession within the next nine months and a rise in the unemployment rate over the following years," Hogan said. Newspaper job advertising is experiencing its weakest pace of growth since the survey began in 1975, outstripping even the recessions of 1982 and 1991, he added.

Syd 00:05 GMT January 12, 2009
Bankruptcies hit record high in Australia
Reply   
http://www.news.com.au/business/money/story/
0,28323,24895606-14327,00.html

 




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GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan


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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 Global-View.com.

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

Global-View.com 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 Global-View.com. 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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