ABHA FXS 23:56 GMT August 30, 2009
ABHA FXS 23:46 GMT August 30, 2009
Mtl JP 23:34 GMT August 30, 2009
SYD - the only guy in the market who is the "jobs of tens of thousands of people and tens of thousands of small businesses" client and who thinks these entities should continue to economically exist is.... u might have guessed .... the gov't. Any wonder that the so-called recovery (leaving aside recovery to what) is and will continue to be slow and painful ?
Syd 23:13 GMT August 30, 2009
Australia's economy is growing but it is too early to withdraw government stimulus, particularly while the global economy remains "fragile", Australian Treasurer Wayne Swan said Monday. Swan said that withdrawing the stimulus measures - which began with cash payouts last December and have shifted to federal government-funded infrastructure projects - would push up the country's unemployment rate and threaten many small businesses. If the stimulus is carried out in full, the peak in Australia's jobless rate, which was at 5.8% in July, may be "somewhat lower" than the high of 8.5% forecast in the government's May budget, the treasurer added. "The economy is growing and growing strongly, one of only two advanced economies to grow in the March quarter," Swan told Australian Broadcasting Corp. radio.
But "to withdraw (the stimulus) now would threaten the jobs of tens of thousands of people and tens of thousands of small businesses that are being supported by the stimulus," he said.
Swan also said that official interest rates would need to rise at some point from very low levels but the stimulus measures of the government aren't adding to upward pressure on rates because the measures are temporary.
Melbourne Qindex 22:59 GMT August 30, 2009
QIndex Trading System
Entry: Target: Stop:
GBP/JPY : Heading Towards 150.97
The market is under pressure when it is below 151.88. The market is going to tackle the supporting strength of 150.23 and 150.97.
GBP/JPY : Monthly Cycle Charts
Richland QC Mailman 22:44 GMT August 30, 2009
Buying USD on early Asian Trade
Entry: 8413 Target: 8375 Stop: 8430
Shorted aud/usd with initial target 8375; shorted small gbp/usd below 1.6260.
ABHA FXS 22:27 GMT August 30, 2009
ABHA FXS 22:20 GMT August 30, 2009
Lahore FM 22:14 GMT August 30, 2009
Porto Cubriclas 22:11 GMT August 30, 2009
For me - cad/jpy.
gt & gl
Saratoga Springs dj 21:47 GMT August 30, 2009
Entry: 151.765 Target: Stop:
please give reasoning
Juffair KaL 21:25 GMT August 30, 2009
Longs on Cable
and shorts audusd
and longs usdjpy this week for me
lkwd jj 20:53 GMT August 30, 2009
which pair will show the most yen strength after the election? gbpjpy or usdjpy, eurjpy...etc? my vote is for gbpjpy as thats the the strongest (yen) vs weakest(gbp).usdjpy is a close second.i m not a pro imho
London Misha 20:50 GMT August 30, 2009
EURUSD - Bearish Harami on the Daily Chart!
USDJPY - Long MA acting as resistance. Mildly bullish Harami on the Daily Chart!
GBPUSD - Gravestone Doji on the Daily Chart!
USDCHF - Mildy bullish Harami / Doji on the Daily Chart.
EURGBP - Nearing Long MA resistance. Mildly bearish Harami on the Daily Chart!
EURJPY - Possible Inverted Hammer on the Daily Chart.
USDCAD - Possible Hammer on the Daily Chart.
AUDUSD - Possible Triple Top on the Daily Chart!
NZDUSD - Mildly bearish Harami on the Daily Chart!
Syd 09:06 GMT August 30, 2009
Charts: S&P Faces 'Scary' Correction
The S&P 500 should rise until September 5, but it faces a "very scary" correction after that, Bill McLaren, independent trader, told CNBC Friday.
Syd 08:52 GMT August 30, 2009
Australian Fin Services Min: Too Soon To Wind Back Stimulus Sky Business Channel.
Australian Financial Services Minister Chris Bowen said Sunday it was too soon to be withdrawing fiscal stimulus from the economy, saying risks to economic growth are still too great.
"That would pull the rug out from under the economy and throw more people into unemployment," Bowen told the Sky Business Channel.
To stabilize the unemployment rate, the economy needs to be growing by around 2% per year and "that's very difficult in the current environment."
There is still some way to go in this international crisis ... there is still a danger of a second wave," Bowen said