Syd 23:27 GMT September 1, 2011
gillard
Reply
Mtl JP 23:20 GMT its all about getting rid of the Witch !!
Syd 22:23 GMT September 1, 2011
Greece red-faced after leaked debt warning
Reply
Greece red-faced after leaked debt warning
The Greek finance ministry was on the defensive on Thursday after a new budget watchdog let slip that the country's massive debt was "out of control"
http://news.ph.msn.com/business/article.aspx?cp-documentid=5222044
Melbourne Qindex 22:16 GMT September 1, 2011
EUR/USD : Current Comments
Reply
Buy EURUSD
Entry: Target: Stop:
EUR/USD : As shown in the monthly cycle directional indicator the market is consolidating within 1.4222 and 1.4356.
Monthly Cycle Directional Indicator : [1.3103] - [1.3326] - [1.3346] - 1.4214 - 1.4222 - 1.4356 - 1.4584 - 1.4620 - 1.4628 - 1.4691 - 1.4938 - 1.5044
Qindex.com
http://www.youtube.com/watch?v=dZEGYpXE5B4
EUR/USD : Monthly Cycle Charts
GVI Forex john 22:07 GMT September 1, 2011
USD Bollinger Bands
Reply
Bollinger EURUSD USDJPY USDCHF GBPUSD USDCAD AUDUSD
20d Sdev 0.0104 0.63 0.0252 0.0112 0.0054 0.0143
3 Std Dev 1.4674 78.78 0.8587 1.6694 1.0002 1.0902
2 Std Dev 1.4570 78.15 0.8336 1.6582 0.9948 1.0759
1 Std Dev 1.4466 77.52 0.8084 1.6470 0.9894 1.0617
20day Avg 1.4361 76.89 0.7832 1.6357 0.9840 1.0474
1 Std Dev 1.4257 76.26 0.7580 1.6245 0.9785 1.0332
2 Std Dev 1.4153 75.64 0.7328 1.6133 0.9731 1.0189
3 Std Dev 1.4049 75.01 0.7076 1.6020 0.9677 1.0046
GVI Forex Blog 22:04 GMT September 1, 2011
Reply
AUD/USD and NZD/USD outlook next 24 hours: NZ and Australia are devoid of data today. Ahead of the all important US non farm payrolls expect quiet trading conditions. NZD will likely be pinned between 0.8480 and 0.8530 on the day. AUD will find buyers just below 1.07 and sellers into 1.0760. Westpac’s August non-farm payrolls forecast of 20k is well below the current consensus expectation of 70k (revised down from 95k). This is, in part, due to our belief that the July outcome benefited from a number of one-offs and the near stall growth conditions in recent months.
Forex - Morning Report (Westpac)
GVI Forex john 21:08 GMT September 1, 2011
Trade Talk- Whats Moving Markets
Reply
-
Key
Items- EZ- PPI. US- Monthly Employment.
-
Thursday
has seen a slew of data. The first day of the month usually sees
many PMI releases. On balance, data mostly weakened from previous
releases, but some were not as soft as forecast. Even the Chinese
PMI data were gloomy. In general they are pointing to a global
recession.
-
Its
pretty clear following poor German and EZ PMI manufacturing data
that both the EZ and Germany are rapidly slowing. The data suggest
that the stubborn monetary policy tightening of the ECB has been a
blunder and will have to be reversed in short order.
-
The EURUSD
finally showed some signs of weakness after a number of body
blows over the past two days. Official U.S. opposition to the
ATT-T-Mobile $40bln merger hurt yesterday as have the PMI data
releases today.
-
Later
in the session, disturbing budget deficit forecasts from Greece were
released. The government blamed a slowing economy for revenue
shortfalls.
-
The
Wednesday August
ADP Private employment statistics were softer than expected and
tended to point to a sub-100K NFP number for Friday. Many have been
dropping their job forecasts for Friday morning, The latest Obama jobs program
is due next Thursday at eight PM Eastern U.S. time.
Cambridge Joe 20:38 GMT September 1, 2011
SP500
Reply
Looking for a whiff of uplift to the Snp around 21:00... 22:00
but it'll probably bounce from around 1196.
Waiting for a clean shot.
GVI Forex john 20:38 GMT September 1, 2011
USD Pivot Points
Reply
Pivots EURUSD USDJPY USDCHF GBPUSD USDCAD AUDUSD
Res 3 1.4516 77.76 0.8207 1.6371 0.9853 1.0891
Res 2 1.4449 77.50 0.8147 1.6314 0.9825 1.0827
Res 1 1.4359 77.16 0.8044 1.6244 0.9790 1.0786
Pivot 1.4292 76.90 0.7984 1.6187 0.9762 1.0722
Sup 1 1.4202 76.56 0.7881 1.6117 0.9727 1.0681
Sup 2 1.4135 76.30 0.7821 1.6060 0.9699 1.0617
Sup 3 1.4045 75.96 0.7718 1.5990 0.9664 1.0576
GVI Forex Blog 20:36 GMT September 1, 2011
Reply
Key Items- EZ- PPI. US- Monthly Employment.
Thursday has seen a slew of data. The first day of the month usually sees many PMI releases. On balance, data mostly weakened from previous releases, but some were not as soft as forecast. Even the Chinese PMI data were gloomy. In general they are pointing to a global recession.
Forex Trade Talk 00:00 GMT 2 September 2011
GVI Forex john 20:31 GMT September 1, 2011
USD Moving Averages
Reply
|
9/1/2011
|
20:00
|
GMT
|
|
|
|
|
|
Latest
|
EURUSD
|
USDJPY
|
USDCHF
|
GBPUSD
|
USDCAD
|
AUDUSD
|
|
Last
|
1.4270
|
76.82
|
0.7942
|
1.6174
|
0.9756
|
1.0744
|
|
High
|
1.4381
|
77.24
|
0.8086
|
1.6257
|
0.9796
|
1.0764
|
|
Low
|
1.4224
|
76.64
|
0.7923
|
1.6130
|
0.9733
|
1.0659
|
|
Change
|
-0.0109
|
0.26
|
-0.0116
|
-0.0072
|
-0.0027
|
0.0046
|
|
MVA
|
EURUSD
|
USDJPY
|
USDCHF
|
GBPUSD
|
USDCAD
|
AUDUSD
|
|
5 day
|
1.4424
|
76.71
|
0.8085
|
1.6298
|
0.9783
|
1.0677
|
|
10 day
|
1.4412
|
76.80
|
0.7998
|
1.6361
|
0.9831
|
1.0564
|
|
20 day
|
1.4361
|
76.89
|
0.7832
|
1.6357
|
0.9840
|
1.0474
|
|
50 day
|
1.4316
|
78.34
|
0.8039
|
1.6232
|
0.9699
|
1.0632
|
|
100 day
|
1.4361
|
79.70
|
0.8343
|
1.6289
|
0.9689
|
1.0649
|
|
200 day
|
1.3998
|
81.22
|
0.8899
|
1.6115
|
0.9791
|
1.0353
|
|
TREND
|
EURUSD
|
USDJPY
|
USDCHF
|
GBPUSD
|
USDCAD
|
AUDUSD
|
|
BIAS
|
Up
|
Down
|
Up
|
Down
|
Down
|
Up
|
Cambridge Joe 20:18 GMT September 1, 2011
BUY BUY BUY !!!
Reply
Can't get enough of that Commercial property !
http://uk.news.yahoo.com/rapid-rise-property-values-cause-worry-fund-134731785.html
Must be right.... it's from Reuters.
GVI Forex john 19:48 GMT September 1, 2011
Global-View D.O.G. Iindex
Reply
19:55 GMT (Global-View.com) September 2- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is
closing in North America at .4978, +0.03% from its Wednesday close (-7.48% ytd).
As for its key subcomponents, the USD forex purchasing power index is .7235, -0.09% (-7.03% ytd). The forex index
is value is calculated against the top six trading currencies.
Against gold, the USD purchasing power index is currently worth .1578, -0.09% (-2.32% ytd).
Against crude, it is at 0.5010, -0.15% (+2.73% ytd). The D.O.G. Index base is 1.00. It is set against levels from
the start of 1999, as of the initial launch of the euro (currency).
D.O.G. Homepage
Mtl JP 19:47 GMT September 1, 2011
Trade Talk- Whats Moving Markets
re EURUSD has not been paying attention
and IF euro were paying attention, and the Greek did go titsup with his sovereign debt, would the market react
positively or
negatively
towards the euro ?
something tells me 1.50 is not 100% off the radar.
tia for views
GVI Forex john 19:46 GMT September 1, 2011
FX Database
Reply
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 19:35 GMT September 1, 2011
Trade Talk- Whats Moving Markets
Thursday, September 01, 2011 2:51:23 PM
(EU) PIMCO's El-Erian: Expects ECB to cut rates as risk of European recession increases; a worsening European economy could cause a global economic recession
- Sees risk of contraction in the euro zone at 50%, risk of US recession between 33% and 50%
TradeTheNews.com
GVI Forex john 19:05 GMT September 1, 2011
Trade Talk- Whats Moving Markets
- Headlines have been coming out this afternoon (NY time) about the Greek budget deficit forecasts worsening. Greece is blaming it on the recession. One has to wonder how its bankers (Europe) are going to react to this worsening situation. So far the EURUSD has not been paying attention.
London SFH 18:59 GMT September 1, 2011
NFP
Reply
Guess this is more or less it till the number tomorrow-gone a bit long of DJI at 11540 for 50 ticks if seen fwiw-,,,
GVI Forex john 17:43 GMT September 1, 2011
Trade Talk- Whats Moving Markets
U.S. 10-yr note last was 2.15%, -9bp on the day. That is a large move and indicates dealers have already set up for a weak jobs number tomorrow.
hk ooozmeeh 17:16 GMT September 1, 2011
Calendar
SOCGEN lowers NFP forecast from 67K to 9K (from zerohhedge)
Mtl JP 17:01 GMT September 1, 2011
Calendar
can we expect increased calls from FED howlers to tie funds rate to unemployment ?
what can be drawn about estimating market (not)starting to price in another QE?
GVI Forex john 16:35 GMT September 1, 2011
Calendar
We have updated our calendar for the latest street consensus forecasts for NFP tomorrow. +75K is the new figure compared with +105K earlier. Private payrolls are now estimated at 105K.
The latest GS NFP estimate is for +25K vs. +50K previously.
Bottom-line, the direction of revisions is for a lower figure. Look for so-called "whisper numbers" to be revised lower. I have already heard chatter about a negative print. Expect the markets to be set up for a negative outcome.
GVI Forex john 16:18 GMT September 1, 2011
Calendar
Reply
September 1 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, September 2:
Updated: Trading Events Calendar
- Far East: No major data.
- Europe: EZ- PPI.
- North America: U.S.- Employment.
Gen dk 16:10 GMT September 1, 2011
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Tokyo Rana 15:48 GMT September 1, 2011
Why is AUDUSD or AUDJPY so strong?
Sell
Entry: Target: Stop:
audusd heading to 1.1 and 1.2...if im not wrong 1.2 all time high so it is eying 1.2 in few months time....iwill short 1.1 and keep adding target around 0.70/0.90 2000/4000pips fall next time...happy trade
la la 15:42 GMT September 1, 2011
Why is AUDUSD or AUDJPY so strong?
Singapore FX that is a good question and one being asked by others who keep trying to short it. Some say it is a link with China and the usdcny. It may also be that there are few places to place money if you do not want to be in dollars or euro and you get a yield with the A$
GVI Forex Blog 15:13 GMT September 1, 2011
Reply
The greenback is consolidating earlier gains seen in the wake of the weaker global PMI data readings. Note that the dollar index hit a two-week high as risk appetite faded. EUR/USD was hovering around the 1.43 area as rumors continued that the ECB was again buying Italian and Spanish bonds.
TradeTheNews.com US Market Update
Singapore FX 14:45 GMT September 1, 2011
Why is AUDUSD or AUDJPY so strong?
Reply
Sell AUDUSD
Entry: Target: Stop:
Dear brothers/sisters,
Can someone enlighten me:
1) Why is AUDUSD so strong since last friday?
2) Is AUDUSD supported by AUDJPY's forever upward move?
Eurusd, Gbpusd and Nzdusd have been dropping for hundreds of pips but Audusd is well supported and has been appreciating from Monday till today this week.
Any news about AUDUSD or am i lacking any information?
Thanks in advance
BLR virgoan 14:36 GMT September 1, 2011
Intraday trade
Reply
Buy DJIA with an intraday target of 11730. Happy trading!
GVI Forex Jay 14:34 GMT September 1, 2011
ALERT- U.S. Mfg PMI
The employment component fell and this may be weighing on risk.
tor dr unken katt 14:31 GMT September 1, 2011
ALERT- U.S. Mfg PMI
but still on the expansion side
Bensheim 14:20 GMT September 1, 2011
EUR/USD
Reply
40 pips journey to psycological level. [1.4200]
LDN dt 14:18 GMT September 1, 2011
EUR/$
Reply
Perversity of trading. It took a "good" ISM number to get people long before the EUR/$ could brak. Strange logic?
GVI Forex john 14:15 GMT September 1, 2011
Trade Talk- Whats Moving Markets
The ISM data has certainly thrown the market a curve. Its strange how often things work out that way. Next high impact release is NFP tomorrow. Updated estimates are now for a gain of about +75K.
GVI Forex john 14:10 GMT September 1, 2011
ALERT- U.S. Mfg PMI
better than expected, but only a hair above contraction...
GVI Forex john 14:03 GMT September 1, 2011
ALERT- U.S. Mfg PMI
- Lousy PMI number, but much higher than feared.
- Perversely this is a EURUSD positive.
GVI Forex Jay 13:52 GMT September 1, 2011
ISM
ISM PMI comes out at 14:00 GMT as per our calendar (see above for countdown clock)
GVI Forex john 13:52 GMT September 1, 2011
ISM
Bensheim just checked the two top sources for consensus forecasts and they are both still at 48.5. Just heard a whisper number of 44.0, but whisper #'s are notoriously innacurate. Market is already set up for a lousy figure. Compared to 50.9, 48.5 would be a big drop.
Bensheim 13:41 GMT September 1, 2011
ISM
Reply
Any update forecast data of ISM. As from internet 50.9 is prev. and forecast (expectation) is 48.5 (which is old). Little lower then prev.
nyc s 13:05 GMT September 1, 2011
Trade Talk- Whats Moving Markets
dt yoiu are right. Many are away or not trading this week but this makes it hard to absorb flows when there is news and there is no shortage of news this week.
GVI Forex john 12:53 GMT September 1, 2011
Trade Talk- Whats Moving Markets
Noting a number of USD 20-day moving averages being breached..
8:53 Last chg high low 20-day
JPY= 77.01 43 77.24 76.64 77.00
CHF= 0.7974 -76 0.8086 0.7960 0.7818
GBP= 1.6215 -21 1.6257 1.6194 1.6362
EURUSD 1.4293 -73 1.4381 1.4261 1.4355
GVI Forex john 12:43 GMT September 1, 2011
ALERT- U.S. Weekly Jobless Claims
I'm not aware of anything special about 400K in weekly other than its psychological impact, but above 400K remains disappointing...
Weekly jobs U.S.
Click on chart for seven-year history
Gen dk 12:27 GMT September 1, 2011
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Bensheim 12:20 GMT September 1, 2011
EUR/USD
Reply
May change the wind to north, but psycological level is 1.4200.
Syd 12:18 GMT September 1, 2011
Global manufacturing grinds to a halt
Reply
The global manufacturing recovery appeared to have come to a grinding halt in August, www.ft.com/intl/cms/s/0/58f9df76-d
482-11e0-a42b-00144feab49a.html#axzz1WXrQuyz3
LDN dt 12:16 GMT September 1, 2011
EUR/$
Hearing about more stops at 1.4240.
GVI Forex john 12:08 GMT September 1, 2011
Trade Talk- Whats Moving Markets
- Chatter activity in EUR money markets suggesting dealers are setting up for an ECB policy easing. See PMI comments below earlier today.
GVI Forex john 12:04 GMT September 1, 2011
USD Pivot Points
Repeat..
Pivots EURUSD USDJPY USDCHF GBPUSD USDCAD AUDUSD
Res 3 1.4555 77.22 0.8396 1.6403 0.9896 1.0800
Res 2 1.4512 77.03 0.8302 1.6368 0.9848 1.0760
Res 1 1.4445 76.79 0.8180 1.6307 0.9816 1.0729
Pivot 1.4402 76.60 0.8086 1.6272 0.9768 1.0689
Sup 1 1.4335 76.36 0.7964 1.6211 0.9736 1.0658
Sup 2 1.4292 76.17 0.7870 1.6176 0.9688 1.0618
Sup 3 1.4225 75.93 0.7748 1.6115 0.9656 1.0587
LDN dt 12:02 GMT September 1, 2011
EUR/$
Reply
EUR/$ looks like its ready to give way. I figure there should be decent stop loss orders from 1.4260 to 1.4250. How far we can go beyond there is anybody's guess. We assume ACBs will be buyers on weaness again?
GVI Forex Blog 11:52 GMT September 1, 2011
Reply
The euro fell against the dollar and the Swiss franc on Thursday, and could extend losses if fresh evidence emerges that manufacturing output in the United States shrank after euro zone data showed the sector contracting, disappointing some investors.
FOREX NEWS - Euro drops on gloomy data, Swiss franc soars
GVI Forex john 11:27 GMT September 1, 2011
Trade Talk- Whats Moving Markets
- Interesting data due today. Weekly Jobless are unrelated specifically to this Friday's payroll report, but provide a very useful broader picture. The key focus for a while has been on hopes the weekly data would make a sustained move below 400K.
- One simple metric is that productivity plus population growth gives real GDP.
- Later at 14:00 GMT, the August mfg PMI is expected to fall below the "50" expansion/contraction line. Consensus estimates are for a reading of 48.5, although we have been hearing of whispers for a weaker print. We always take such chatter with a grain of salt.
Bensheim 11:20 GMT September 1, 2011
EUR/USD
Reply
I think that 1.4285/90 and 1.4260/50 is a "No Man Land". If cross downwards then may will hit 00, and on other hand if go up and cross the 85/00 then 1.4335/40.
GVI Forex Jay 10:57 GMT September 1, 2011
Trade Talk - Forex Weathermap - EURUSD
Reply
10:55 GMT (Global-View.com) Sept 1 - It is hard to tell how much of the euro fall has been exaggerated by thin end-of-summer liquidity. This may have to wait until the end of the week to see if eur/usd closes below 1.4325, which would produce an outside week key reversal.
In the meantime, it faces a key support area at 1.4265 (trendline/triangle bottom - see chart) and 1.4257 (Aug 19 low), suggests 1.4250 will also be important with little in the way of support below it until 1.4200 (psychological) and 1.4101.
Daily Forex WeatherMap - by Jay Meisler
Sept 1, 2011 EURUSD (Current rate: 1.4280)
Bias: DOWN while below 1.4325 but contained unless 1.4250-65 is firmly taken out. Expected range: Hard call 1.4220-1.4340
www.global-view.com Forex Forum
GVI Forex john 10:50 GMT September 1, 2011
Trade Talk- Whats Moving Markets
Reply
-
Key
Items- U.S. Mfg PMI, Weekly Jobs.
-
Today
has already seen a slew of data releases. We like to see the various
PMIs because they are more or less comparable to each other and
provide rough relative comparisons and a global snapshot of growth.
On balance, before the U.S. data are released it looks like the
global economy is in a contractionary phase. Even the Chinese PMI
data were gloomy.
-
Its
pretty clear following poor German and EZ PMI manufacturing data
that both the EZ and Germany are rapidly slowing. The data suggest
that the stubborn monetary policy tightening of the ECB has been a
blunder and will have to be reversed in short order.
-
The EURUSD
has finally shown some signs of weakness today after a number of
body blows in the past two days. Official U.S. opposition to the
ATT-T-Mobile $40bln merger hurt yesterday as have the PMI data
releases today.
-
August
ADP Private employment statistics yesterday were in line with expectations and
tend to point to a NFP number Friday of sub-100K.. The latest Obama jobs program
is due shortly after Labor Day.
Syd 10:42 GMT September 1, 2011
Would Asia cope if the West collapses?
Reply
The risk of further decline in Europe and the US is growing while Asia is growing and attracting investment. Robert Subbaraman, Nomura's chief economist for Asia ex-Japan, tells the FT's Robert Cookson what he thinks would happen if the worst case scenario comes to pass. (5m 39sec)
FT's Robert Cookson
Bensheim 10:28 GMT September 1, 2011
EUR/USD
Reply
Good day to all.
I think if EUR cross the 60 to 50 then have a chance to hit 00.
Syd 10:02 GMT September 1, 2011
china
Reply
insider.thomson reuters.
LINK
GVI Forex Blog 09:56 GMT September 1, 2011
Reply
09:55 GMT (Global-View.com) September 1- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening in North America at .4990, +0.27% from its Wednesday close (-7.25% ytd).
Global-View D.O.G. Index September 1, 2011 U.S. Open
GVI Forex john 09:54 GMT September 1, 2011
Global-View D.O.G. Iindex
Reply
09:55 GMT (Global-View.com) September 1- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is
opening in North America at .4990, +0.27% from its Wednesday close (-7.25% ytd).
As for its key subcomponents, the USD forex purchasing power index is .7245, +0.23% (-7.08% ytd). The forex index
is value is calculated against the top six trading currencies.
Against gold, the USD purchasing power index is currently worth .1584, +0.38% (-21.95% ytd).
Against crude, it is at 0.5038, +0.41% (+3.30% ytd). The D.O.G. Index base is 1.00. It is set against levels from
the start of 1999, as of the initial launch of the euro (currency).
D.O.G. Homepage
Gen dk 09:51 GMT September 1, 2011
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
GVI Forex Blog 09:43 GMT September 1, 2011
Reply
Key Items- U.S. Mfg PMI, Weekly Jobs.
Today has already seen a slew of data releases. We like to see the various PMIs because they are more or less comparable to each other and provide rough relative comparisons and a global snapshot of growth. On balance, before the U.S. data are released it looks like the global economy is in a contractionary phase. Even the Chinese PMI data were gloomy.
Forex Trade Talk 10:00 GMT 1 September 2011
hk 09:30 GMT September 1, 2011
EUR
1.4277 now important
London HC 09:22 GMT September 1, 2011
Spain
Reply
Tepid Spanish auction hits euro
Frankfurt HH 09:19 GMT September 1, 2011
EUR
So much for that idea
Frankfurt HH 08:57 GMT September 1, 2011
EUR
1.4280 imay see return to 1.4325-30?
London Mick 08:47 GMT September 1, 2011
EUR
Reply
Outside week
GVI Forex john 08:46 GMT September 1, 2011
PMI Charts
Reply
Slew of PMI reports out today. Most paint a gloomy picture..
see NEWS FORUM for charts.
GVI Forex john 08:31 GMT September 1, 2011
ALERT- U.K. Mfg PMI
- UK mfg PMI in line with expectations. Previous data revised up.
- volatile response.
- 49.0 in contraction territory.
GVI Forex john 08:16 GMT September 1, 2011
ALERT- Swiss Data
Reply
-- Earlier Data --
Swiss GDP 2Q11
mm:0.4% vs. +0.40% exp. vs. +0.60%r prev.
yy: 2.3% vs. +2.30% exp. vs. +2.50%r prev.
Swiss Retail Sales July 2011
+1.9% vs. +2.40% exp. vs. +7.40% prev.
Swiss PMI August 2011
51.7 vs. 51.0 exp. vs. 53.5 prev.
TTN: Live News Special Offer
GVI Forex john 08:04 GMT September 1, 2011
ALERT- EZ Final PMI
- EZ mfg PMI weaker than flash estimate. German Mfg a short while ago was also weak 50.9 vs. 52.0 expected.
- EUR weaker.
- A reading below 50 implies an economic contraction.
prague viktor 04:00 GMT September 1, 2011
buy usd
Reply
Sell EURUSD
Entry: Target: Stop:
G.day!
for the next 24h it will be a good to sell the EURO
G/L G/T
Syd 02:31 GMT September 1, 2011
Gillard must go, or the party will go broke
Reply
The Prime Minister is facing firming resolve among Labor Party elders that she be given a Christmas deadline for turning the party’s fortunes around, or voluntarily make way for a successor…
link
jerusalem kb 02:10 GMT September 1, 2011
Forex Trading Plan
AUDJPY
Entry: 81.25 Target: open Stop: 81.70
Buy AUDJPY
Entry: 81.25 Target: 82.96-open Stop: 81.10
Buy AUDJPY
Entry: 81.25 Target: 82.96 Stop: 80.80
bought audjpy
=====
closed 1/3 with 60pips+
==============
closed another 1/3 with135pips+
holding rest for open target 85.05
Syd 01:59 GMT September 1, 2011
Labor backlash begins over the failure
Reply
THE recriminations have begun over Labor's botched Malaysian Solution, with Immigration Minister Chris Bowen under pressure to resign over the failed policy.
Another colleague told The Australian Online: “What the f*** has happened? He got up and told us this was alright.”
link
Syd 01:54 GMT September 1, 2011
Brazil Labor Union Demands More Rate Cuts
Reply
"Right medicine, wrong dosage," says Paulo Pereira da Silva, head of Forca Sindical, a Brazilian umbrella group for labor unions, after the Brazilian central bank cut its key rate in surprise move. "We believe there's more space for a more dramatic reduction in the Selic rate, principally because of the recent fiscal tightening announced recently by the government."
Syd 01:31 GMT September 1, 2011
aud
Reply
AUSTRALIA RETAIL SALES 0.5% V 0.3%E
GVI Forex Blog 01:18 GMT September 1, 2011
Reply
The Swiss franc on Thursday held on to gains made the previous day after a top government official said Switzerland would have to live with a strong currency, while commodity currencies dipped after Brazil unexpectedly cut interest rates, citing worries about the global economy.
FOREX NEWS - Franc retains strength, Aussie dips after Brazil cuts rates
Syd 01:07 GMT September 1, 2011
Brazil Surprises With Interest Rate Cut, Cites Global Concerns
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The Brazilian Central Bank on Wednesday reversed course on interest rates, cutting the benchmark Selic rate in a surprise move because of a "substantial deterioration" in the global economy and the knock-on effect that will have on the local economy.
http://online.wsj.com/article/BT-CO-20110831-717213.html
Syd 00:30 GMT September 1, 2011
Julia Gillard will be finished as PM before her term is up.
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FORMER Labor power broker Graham Richardson believes Julia Gillard will be finished as PM before her term is up.
Mr Richardson said there was no way Ms Gillard could fix the problems with her leadership.
"There’s no way she can turn this around, you’ve got to say it gets worse for her every day, never gets better, just gets worse,” Mr Richardson told 3AW radio.
It’s damaging the psyche of too many Australians and over time that can damage the country because that will make people retreat more into themselves and spend less.”
Julia Gillard will be finished as PM before her term is up.
Syd 00:19 GMT September 1, 2011
aud
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Merrill Lynch has cut its corporate earnings forecasts as the global economy slows, with 80,000 job losses expected in Australia before the end of the year as manufacturers and retailers adjust to slower growth and the stronger currency.
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