2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 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 29 30 31
Forex Forum Archive for 01/02/2010
Pick a date from the header above to view forum postings for that day.
Click here to join the Live Forex Forum.
Syd 22:13 GMT January 2, 2010
Arabia takes the New Silk Road to China, spurning the West
With hindsight we can see that two events occurring within days of each other in late 2001 brought about an epochal change in the world's strategic system, drawing China and the Mid-East oil powers into each other's arms again after five centuries of estrangement. The old Silk Road came back to life. LINK
U.S. Loan Effort Is Seen as Adding to Housing Woes
Jobs for illegals:
Illegals at the home office: Doctors, teachers, social workers...
The full list
Toronto MDunleavy 18:56 GMT January 2, 2010
Entry: 1.4330 Target: 1.4650 Stop: 1.4200
EURUSD: The pair was seen heading higher in early trading today following a flat close on Wednesday but the immediate challenge is for it to break and hold above its Aug 05â€™09 high at 1.4446. Doing so will resume its corrective recovery initiated from the 1.4216 level towards the 1.4479 level, Dec 02â€™09 with a break setting the stage for a move higher towards the 1.4625 level, its Nov 03â€™09 low and then the 1.4799 level, its Nov 20â€™09 high. We envisage the 1.4479 or even the 1.4625 level to reverse roles and provide resistance. On the other hand, if the 14446 level holds as resistance and turns the pair back down, we should see further downside towards its Dec 22â€™09 low at 1.4216 with a cut through there allowing for further weakness aiming at the 1.4176 level, its Sept 01â€™09 low. Further down, supports are situated at the 1.4044 level, its Aug 17â€™09 and next its big psycho level at 1.4000[Written by actionforex]
LDN LDN 14:21 GMT January 2, 2010
It is hard for inflation to take a grip when there is so much slack in the global economy and unemployment stays high. Makes it hard for business to have pricing power.
sofia kaprikorn 13:42 GMT January 2, 2010
USA ZEUS 14:42 GMT January 1, 2010
hello sir, I'd rather concur with your opinion on Inflation being the cardinal market theme in 2010.
Having read a more informed opinion I had been speculating that we are still vulnerable to a situation that the Return OF instead of ON will be ruling once more.
With more positive macro data on deck the odds are turning to going into more Pro-Inflationary trading mode. gl/gt!
Setif 12:12 GMT January 2, 2010
I'm new here as well as to forex. I hope that any of you could clear the following question to me:
If I opend a real trading account with $50 ,can I buy/sell EUR/USD then buy/sell EUR/GBP then buy/sell GBP/USD
in conscutive steps ? is it possible to make any profits by doing this pocess ?
any further details will be more than apreciated .
thank you advance
Hong Kong Qindex 05:17 GMT January 2, 2010
QIndex Trading System
Entry: Target: Stop:
GBP/CHF : Resistance at 1.6741
As shown in the monthly cycle charts the market is stable when it is trading above the monthly cycle pivot centers at 1.5112 - 1.5416 - 1.5518. The market momentum is strong when it is above the weekly cycle pivot centers at 1.6570 - 1.6587 - 1.6682. Basically the market is going to consolidate within the monthly cycle upper mid-point references at 1.6486 - 1.6719 - 1.6975. A resistant point is positioning at 1.6741. Sell on rallies is the preferred trading strategy.
GBP/CHF : Monthly Cycle Charts
Syd 05:07 GMT January 2, 2010
Growth to triple in 2010, say economists Economists say economic growth is set to triple in 2010.
The Treasury and Reserve Bank expect the growth rate to return to around 3 per cent this year, up from around 1 per cent in 2009. But the surge in economic activity is expected to exacerbate the skills shortage and put pressure on infrastructure and inflation. A senior economist at ANZ, Julie Toth, expects a cash rate of close to 5 per cent by the end of the year as the RBA lifts the official interest rate to counter the rapid growth.
"Through the second half of 2009, we saw pretty much all economic indicators accelerating quite rapidly," she said.
"As a result, the Reserve Bank's already had to move off that 3 per cent low that we saw earlier in the year and move back to what it regards to a more normal range for the cash rate for Australia." Some economists are also expecting the Australian dollar to climb to $US1 this year. It would be the first time the local currency has hit parity since it floated almost 30 years ago.
Ms Toth says the dollar could spike above parity occasionally, but she expects it to spend most of this year valued at around 85 to 90 US cents.
HK [email protected] 02:51 GMT January 2, 2010
GBP is very interesting, and need to observe for sometime as it may stage a surprise recovery up to 1.6950.
Actionable trading levels delivered LIVE to YOUR charts
GVI Trading. Potential Price Risk Scale
Mon 27 May 2019
AA: Major, A: High, B: Medium
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
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.
Start trading with forex broker Markets Cube