User Name: Password:      Register - Lost password?

2003  2004  2005  2006  2007  2008  2009  2010  2011  2012  2013  2014  2015  2016  2017  2018  2019  2020  2021  
January  February  March  April  May  June  July  August  September  October  November  December  
01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

Forex Forum Archive for 02/1/2009

Pick a date from the header above to view forum postings for that day.
Click here to join the Live Forex Forum.

Munich Peter 23:51 GMT February 1, 2009
QIndex Trading System

Thanks Dr.Q. GL GT to you.

Syd 23:42 GMT February 1, 2009
China called for unity
China called for unity in its armed forces on Sunday and absolute obedience to the Communist party - Update
- The comments come as Chinese officials are becoming wary of rising unrest as the economy slows.

Mtl JP 23:32 GMT February 1, 2009
Foreign bank withdrawal is the big danger

threat = profit opportunity. what does David Uren, Economics correspondent not get ?

Syd 23:17 GMT February 1, 2009
Foreign bank withdrawal is the big danger
THE withdrawal of credit to Australia by foreign banks is the greatest threat facing the economy in the year ahead.
The slide in business lending in December, which the Reserve Bank attributed to lower foreign currency lending, is a harbinger of things to come

Syd 23:10 GMT February 1, 2009
Australian Planned Capex Slowed Sharply In 4Q - Access
Planned business investment in projects in Australia - a major driver of economic growth - slowed sharply in the fourth quarter of 2008, a trend that will continue under the weight of the global economic crisis, according to a report issued Monday. New projects have failed to replenish those being completed and others have been deferred, with a number of major projects also shelved in recent months, according to a quarterly Investment Monitor report by consultancy Access Economics.

"The result is likely to be a sharp fall in business investment over the next two years," it said.

A downturn in investment was on the cards as Australia's rate of business investment relative to output had moved to an unusually high level in recent years, meaning that investment would have had to pull back at some point anyway, Access said. Accelerating that decline is the global economic crisis, which is cutting sharply into capacity utilization and hence the need for more investment, the report said.

"The tide has turned very quickly," it said.

BERLIN (AFP)--As the recession bites, 78% of Germany's small and medium-sized companies said they are in favor of protectionist measures, according to a new study released Sunday.

A year ago the percentage stood at 43%, the global accounting firm Ernst & Young which conducted the study said.

NZ's 4Q wages data, employment indicators clearly show labor market weakening quite significantly, risks around Thursday's 4Q jobs data point to bigger-than-expected unemployment rate, fall in jobs, says Bank of NZ's markets economist Craig Ebert; "all in all it was a very clear sign that things are weakening even through a notoriously slow market to weak which is the labor market." Notes normally labor market data has long lags, so market usually discounts it; "but I think it will be important as it will help gauge just how bad things are actually getting, and the risks for unemployment rate here and overseas to rise quite significantly." Says Keeps RBNZ on easing-path, as points to forward-looking indicators continuing to be soft. "In essence it's really up to how the business sector handles the slowdown. It will be a real challenge for the sector as it's been ages since it's been put to this test."

Mtl JP 23:05 GMT February 1, 2009

Syd ... and so the mono-thinking morons - like Geoffrey Yu - complain that someone dares to think outside their prescribed mono-box... the cheek of it !!

Syd 22:31 GMT February 1, 2009
The European Central Bank's cautious policy approach appears increasingly out of line compared with other major central banks. As the ECB keeps interest rates above the lows of the Federal Reserve and Bank of England, currency analysts say the ECB is ignoring reality and makes investors less willing to hold euros. "This creates serious credibility problems," said Geoffrey Yu, a currency strategist at UBS in London. With the ECB's next meeting coming up on Thursday, and so soon after its January meeting, no change is expected in the bank's main lending rate or in its policy statement.

IMF Forecasts Australian Growth Below Zero: Rudd
Australian Treasurer Swan finally concedes what many analysts thought inevitable; Australian budget headed for deficit as company revenues slow, with Swan tipping global financial crisis could wipe A$50 billion from company taxes over four years. Treasurer won't be drawn on likely size of deficit, which would be first since fiscal year ending June 30, 2002, or whether it'll last for several years, saying only that government committed to surpluses on average over economic cycle; will return to surplus "when economic conditions normalize". Also won't say whether Treasury department has revised lower its GDP forecasts, as IMF at weekend tipped Australian GDP will contract 0.2% in 2009 vs previous 2.2% forecast

UK PM Brown: Intervention to support the pound is a 'recipe for failure'

Bilad KaL 21:45 GMT February 1, 2009
QIndex Trading System

Will Long eurusd at 1.2435

Not sure But got this level for next month

I think some rallie is on way

Syd 21:42 GMT February 1, 2009
IMF Official: 100-Bp Rate Cut By RBA Would Be Appropriate
A cut in Australian interest rates this week of 100 basis points to an unprecedented low of 3.25% would be an "appropriate" response to the global financial crisis, the International Monetary Fund told Australian Broadcasting Corp radio Monday.
Ray Brooks, the IMF's Asia division chief, also said in an interview that allowing the Australian government's budget to move into deficit would be advisable at this point.

With the RBA's policy-making board set to meet Tuesday for the first time since December "they should certainly cut rates further," Brooks said.

The IMF over the weekend slashed Australia's economic growth forecasts to minus 0.2% in 2009, down from an earlier forecast of 2.2%.

The forecast revision has swept away any lingering hope that Australia would ride out the worst of the crisis. Treasurer Wayne Swan is expected to announce a second fiscal stimulus package this week to help cushion the downturn.

LA Paoy 21:28 GMT February 1, 2009

someone calls a bottom?

GVI Forex Jay 16:40 GMT February 1, 2009
Feedback Request
We are looking to expand discussions by subject and would like your assistance.

Please send me the names of any subject threads you think would be of interest and that you might be willing to support.These can be for any of our forums but specifically the forex or help forums and on any topic.

Send me your feedback by EMAIL

Hong Kong Qindex 15:21 GMT February 1, 2009
QIndex Trading System

Entry: Target: Stop:

EUR/USD : The market may vibrate around 1.2878 with an expected magnitude of 1.2700 - 1.3055. Eventually it will tackle 1.2523. If the downward trending momentum is strong enough to penetrate through 1.2167, the projected chart point at 1.1812 is going to be challenged.

Hong Kong Qindex 15:06 GMT February 1, 2009
QIndex Trading System

Munich peter 12:51 GMT - EUR/USD : It will test the supporting strength of 1.2614.

Munich peter 12:51 GMT February 1, 2009
QIndex Trading System

Dr.Q., would you like to share your opinion on eurusd for the upcoming week? Many thanks IA.

Hong Kong Qindex 08:32 GMT February 1, 2009
QIndex Trading System

Sell S&P 500
Entry: Target: Stop:

S&P-500 (March) : Downside Targeting Point 410.8

The trading reference indicates that the market has a tendency to consolidate further within 735.7 - 865.7. If the downward trending momentum is strong enough to penetrate through 735.7, the odds are good that the market will tackle the lower barrier at 573.2 // 605.7*. The market is negative when it is trading below 540.8 and a critical supporting point is positioning at 410.8.

S&P 500 : Trading Reference :

... 410.8 - 475.8* - 540.8 - 573.2 // 605.7* - 638.2 - 670.7 - 703.2 - 735.7* - 768.2 - [800.7] - 833.2 - 865.7* - 898.1 - 930.6 - 963.1 - 995.6* // 1028.1 - 1060.6 - 1125.6* - 1190.5 ...

Mtl JP 04:25 GMT February 1, 2009
Australia in recession: IMF

SYD the clueless morons are / will be all sinking together: They do not GET it: the quicker and deeper the burn, the faster a solid foundation would be reached from which to start rebuilding. But noooo... they' ll resist with more moRE:

January 30, 2009 - OTTAWA - Canada's recession is spreading from the car factories to the coffee shops, reinforcing the case for Finance Minister Jim Flaherty's $40-billion stimulus program and adding to the risk that he may have to do more.

Hong Kong Qindex 03:06 GMT February 1, 2009
QIndex Trading System

Sell S&P 500
Entry: Target: Stop:

S&P-500 (March) : Heading Towards 783.8

As shown in the distribution profile of the monthly cycle probability chart the market is pulling towards the projected chart point at 783.8. The market is under pressure when it is below the monthly cycle pivot center at 807.6. The weekly cycle pivot centers are located at 762.6 - 819.1 - 871.5. If the downward trending momentum is strong enough to penetrate through 762.6, the supporting range at 687.6 - 689.0 is likely to be challenged.

Hong Kong Qindex 03:03 GMT February 1, 2009
QIndex Trading System

Sell S&P 500
Entry: Target: Stop:

S&P-500 (March) : Heading Towards 783.8

As shown in the distribution profile of the monthly cycle probability chart the market is upping towards the projected chart point at 783.8. The market is under pressure when it is below the monthly cycle pivot center at 807.6. The weekly cycle pivot centers are located at 762.6 - 819.1 - 871.5. If the downward trending momentum is strong enough to penetrate through 762.6, the supporting range at 687.6 - 689.0 is likely to be challenged.

Syd 02:12 GMT February 1, 2009
Australia in recession: IMF
THE global financial crisis has dragged Australia into recession with its economy forecast to contract by 0.2pc this year, according to the International Monetary Fund.

The unpublished IMF forecasts for Australia suggest that the recession will be drawn out, with economic growth predicted to recover by a weak 1.75 pc in 2010.

The Autralian revealed last week that the IMF was due to revise down its 1.8 pc forecast for Australian gross domestic product growth in 2009 to close to zero.

Confirmation that the economy will go backwards this year suggests unemployment could rise steeply.

It will put pressure on the Reserve Bank to cut official interest rates by another 100 basis points on Tuesday.

Australia has been one of the last developed countries to slip into recession, in part because of the lingering boost from China's boom.


HK [email protected] 02:09 GMT February 1, 2009
madrid 20:28 GMT January 31, 2009
Of confidence and coconut trees: Reply
- Of confidence and coconut trees

You tell Mr. Montek Singh:

"That you don't hold conferences under a coconut tree".

Maybe one nut has hit already his head, and that is the reason such a "smart" sentence came out of him.

Coconut trees are not falling that fast, even during strong storms, known also as the Tree Of Life, Mr. Singh example is not too wise.


Actionable trading levels delivered LIVE to YOUR charts

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

Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube


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
Managed Forex Accounts
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.



By using this website, you are agreeing to our Privacy Policy and Terms of Use, and Cookie Policy

Copyright ©1996-2021 Global Viewpoint, Inc. All Rights Reserved.
Hosting and Development by Blue 105