Forex Forum Archive for 10/1/2013

tokyo ginko 23:48 GMT October 1, 2013
" Trade Ideas "

looking forward to to say Great Call, when 1.2250 hit!

Lahore FM 22:52 GMT October 1, 2013
" Trade Ideas "

Sell EURUSD
Entry: 1.3522 Target: 1.2250 Stop: 1.3595

sold for 1.2250.

GVI Forex john -- Inner Circle 21:46 GMT October 1, 2013
Calendar
Reply   


October 1 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, October 2. Updated: Trading Events Calendar

HIGH IMPACT RELEASES: ECB, ADP Private Jobs, Bernanke?

• Far East: CN- Holiday
• Europe: EZ- PPI, ECB
• North America: US- Weekly Mortgages, ADP Private Jobs, Weekly Crude, Bernanke.

dc CB 21:31 GMT October 1, 2013
United States

Rather than discuss this insanity in the end-of-day note, we though the following charts deserve their own moment in the limelight of algos-gone-wild "momentum ignition" infamy .

As Bart Chilton said - the CFTC is offline - so anyone can bang, pardon monkeyhammer the VIX close; after all it's not a stock. There things are supervised by the vigilant, pre-recusal eye of Mary Jo White.

These are your "markets"

WTF Chart Of The Day: VIX Shutdown Edition

GVI Forex john -- Inner Circle 20:36 GMT October 1, 2013
United States
Reply   

ed kw 20:34 GMT October 1, 2013
Slew of PMI's U.S. government shuts down

except seasonal support for up move in nfp

GVI Forex Blog 20:20 GMT October 1, 2013 Reply   
The US Government partly shut down but markets were already positioned. Thus there was no extension of the equities decline which started on 19 September, rather a rebound on speculation the effects of the shutdown would be limited. The S&P500 is currently up 0.8%, the US dollar has recovered, and US interest rates are slightly firmer. Gold fell 3.1%. Helping sentiment was an above-consensus US ISM manufacturing report.

NZ Morning Thoughts - FX & IR

dc CB 20:20 GMT October 1, 2013
Slew of PMI's U.S. government shuts down

This whole process is a charade with both sides only playing for political advantage. So far markets are yawning.
+++++++++++++++++++++++++++++++++++++++++++++

POMO is still injecting. That's all that matters.

Best quote I heard today on a Max Keiser intereview of Aussie Economist Satyajit Das.

"The people that mind don't matter. The people that matter, dont mind"

GVI Forex john -- Inner Circle 20:15 GMT October 1, 2013
Slew of PMI's U.S. government shuts down
Reply   

• HIGH IMPACT ITEMS: EZ- ECB, US- ADP Private Jobs
  


• The reaction of markets in the U.S. and elsewhere was muted to the partial shutdown of the government.. The President and his party (Democrats) have calculated that the partial shutdown will hurt the Republicans more. Key parts of the government continue to function. This whole process is a charade with both sides only playing for political advantage. So far markets are yawning.The key issue is how the debt limit talks will be resolved sometime around October 17.


• The U.S. ISM PMI data were better than expected. The newer Market PMI data were not as strong, but still positive. The ISM employment PMI was solid.  PMI data from the Eurozone were in line with flash estimates. U.K. data eased. Notable today, German unemployment figures were weaker than expected.


• The Reserve Bank of Australia kept policy steady as widely forecast and the key Japanese quarterly Tankan Survey was stronger. See the  FOREX FORUM  for latest key data and charts as they are released. .
  


• The first week of the month is usually an active one for central bank meetings. The European Central Bank decision will be announced on Wednesday from Paris and the latest BOJ decision is due on Friday.
  


• The balance of the week will see a slew of final PMI reports for September, Markets watch the PMI reports closely even though they are not as good predictors of key economies as some might hope.  The partial government shutdown could see some government economic statistics postponed.Wednesday through Friday will see many of the scheduled U.S. employment reports released.
  


• Janet Yellen appears to be the likely candidate to take Bernanke's job as Fed Chair in late January. Her nomination could come as early as this week or next. She should be a safe appointment.
  


• For additional key items and more detail (dates, times, data estimates), be sure to reference our Economic Calendar . See the  FOREX FORUM  for latest key data and charts as they are released.
  

GVI Forex Blog 20:14 GMT October 1, 2013 Reply   
HIGH IMPACT ITEMS: US- ADP Private Jobs The reaction of markets in the U.S. and elsewhere was muted to the partial shutdown of the government.. The President and his party (Democrats) have calculated that the partial shutdown will hurt the Republicans more. Key parts of the government continue to function. This whole process is a charade with both sides only playing for political advantage. So far markets are yawning.The key issue is how the debt limit talks will be resolved sometime around October 17.

Slew of PMI's U.S. government shuts down

GVI Forex john -- Inner Circle 19:39 GMT October 1, 2013
Chart Points


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.

dc CB 19:39 GMT October 1, 2013
United States

First week in Oct POMO will inject around $9+ bil into the market.
today's done, Tom: up to $4bil, Thurs up to $1.75bil.

GVI Forex john -- Inner Circle 19:23 GMT October 1, 2013
Chart Points
Reply   
Pre-Closing Trading Points...
many more chart points
About Moving Averages
About Bollinger Bands

Amman wfakhoury 18:33 GMT October 1, 2013
EURJPY 132.50
Reply   
Amman wfakhoury 14:11 GMT October 1, 2013
EURJPY 132.50: Reply
Sell tp 132.50 add sell if rise as 132.50 will be reached again.
-------------
132.50 reached

GVI Forex 17:46 GMT October 1, 2013
United States

REPORT: U.S. Labor Department Says It Will Release Weekly Jobless Claims Report Thursday

GVI Forex Jay Meisler 17:19 GMT October 1, 2013
Video Update



Even clearer on a 5 minute chart

GVI Forex Jay Meisler 17:18 GMT October 1, 2013
Video Update



See how the 1.3516 level held (one hour chart) as per the video

dc CB 17:14 GMT October 1, 2013
White House

the man is selling Obamacare.
with 2 overweight people standing behind. he has lost all creitability as a leader. imho

Link to the O speaking

Saar KaL 16:59 GMT October 1, 2013
KaL's Trend and Level

was just looking to buy puts on yhoo
i see 10 Bucks again folks in 4 years

New York CS 16:38 GMT October 1, 2013
White House
Reply   
Obama scheduled to speak at 13:30 est

Saar KaL 16:20 GMT October 1, 2013
KaL's Trend and Level

USDCHF
I do not think will do more then 0.97 this coming 2-3 months
I am Bullish Now for that

USDJPY Not more then 106
same period
I got 90 tgt (Oct 2014) after this little bullish time

USD Is not generally Bullish for a long time

GVI Forex john -- Inner Circle 16:03 GMT October 1, 2013
United States

REPORT: U.S. Labor Department Won't Release Data, Including Monthly Jobs Report, During Shutdown

dc CB 16:01 GMT October 1, 2013
Commodities regulator(s)quitting

From: Chilton, Bart
Date: Tue, Oct 1, 2013 at 9:32 AM
Subject: Re: Today's Smackdown
To: [email protected]

No regulators looking at markets due to government shut down.

B

NOTE: Ponzimonium: How Scam Artists are Ripping Off America, is now available in a FREE EBOOK edition. Go to the link for your copy and a Government Book Talk interview: http://govbooktalk.gpo.gov/2013/09/03/post-ponzimonium-an-interview-from-the-front-lines/

* * *

From: [email protected]
Sent: Tuesday, October 01, 2013 09:16 AM Eastern Standard Time
To: Chilton, Bart
Subject: Today's Smackdown

Commissioner Chilton,
Any comment on this morning's shenanagins in the gold and silver pits? Time to reopen an investigation?
Is credibility important to the CFTC?
Regards,
XXX

Bart Chilton To Commodities Traders: You Are On Your Own

GVI Forex john -- Inner Circle 15:57 GMT October 1, 2013
Fixed Income

Late in Europe, prices in prime fixed income markets have been drifting as the partial U.S. government shutdown works through. Peripheral bond prices are

higher.

GVI Forex Jay Meisler 15:42 GMT October 1, 2013
Video Update
Reply   
I posted this video on in the Inner Circle this morning and note how 1.3550 has stayed the focus and 1.3516 checked the downside today. If you want to get access to the videos on a regular basis, send me an EMAIL




Video Market Update

1.3550 is the battle line while within 1.35-1.36 but should be supported as long as it stays above 1.35.

Saar KaL 15:35 GMT October 1, 2013
KaL's Trend and Level

^VIX
Should drop into 12
within 2-3 months

GVI Forex 15:31 GMT October 1, 2013
Global Markets News
Reply   
In a rare twist of irony, the Italian government is looking more functional than the US government this morning, as PdL members more and more lean toward supporting the Letta government while here in the United States

TradeTheNews.com US Market Update: Markets Calm Following Government Shutdown

GVI Forex Jay Meisler 15:18 GMT October 1, 2013
GCM
Reply   
GCM, why not email me offline and will be glad to discuss this with you

Saar KaL 15:16 GMT October 1, 2013
KaL's Trend and Level

This AUDNZD


for the year will buy below
1.1150 for long a year tgt 1.22

IMO heading to that low this in oct
from here
But i do not think there will be a month lower then 1.11

dc CB 15:12 GMT October 1, 2013
Commodities regulator(s)quitting
Reply   
David Meister is waging legal battles against some of the biggest names in finance.

There’s JPMorgan Chase, the nation’s largest bank. The CME Group, one of the world’s largest futures exchanges. And Jon S. Corzine, the former governor of New Jersey.

But now, Mr. Meister is poised to step down from his role as head of the Commodity Futures Trading Commission’s enforcement unit, a move that may put the future of those cases in question.
Mr. Meister is expected to announce his departure on Tuesday

Mr. Meister’s departure foreshadows the exit of Gary Gensler, the agency’s chairman, whose term expires in December.

Financial Watchdog With Bite to Depart His Agency

Saar KaL 15:11 GMT October 1, 2013
KaL's Trend and Level

will add cable shorts
1.6284
Might hit next day
But for me
I think the drop had started
in a month or so we will see 1.55
six months 1.45

Saar KaL 15:07 GMT October 1, 2013
KaL's Trend and Level

Dc
No Problem..all good

========
Silver Just might hit 24 in a week

dc CB 15:05 GMT October 1, 2013
KaL's Trend and Level

sorry, thought I made that post as a Reply to the Gold thread. not meant for your trade thread. couldn't go back an correct after Submit was hit.

Hong Kong Qindex 15:04 GMT October 1, 2013
EUR/USD : Critical Point 1.2797

Buy
Entry: Target: Stop:




EUR/USD : The weekly cycle pivot centres are located at 1.3492 - 1.3619 - 1.3656. Buy at dips are still the preferred trading strategy as long as EUR/USD is trading within the series of weekly cycle upper limits (see the weekly cycle significant points at the front page of my website).


Qindex.com

Quantum Index Analysis

Saar KaL 14:59 GMT October 1, 2013
KaL's Trend and Level

DC
No idea

Selling NDX on spikes
tgt 3200 area

GVI Forex Blog 14:50 GMT October 1, 2013 Reply   
October 1 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, October 2. Updated: Trading Events Calendar HIGH IMPACT RELEASES: ADP Private Jobs

GVI Forex Data Outlook for October 2, 2013

GVI Forex john -- Inner Circle 14:48 GMT October 1, 2013
Calendar
Reply   


October 1 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, October 2. Updated: Trading Events Calendar

HIGH IMPACT RELEASES: ADP Private Jobs

• Far East: CN- Holiday
• Europe: EZ- PPI, ECB
• North America: US- Weekly Mortgages, ADP Private Jobs, Weekly Crude.

dc CB 14:39 GMT October 1, 2013
KaL's Trend and Level

since selling on the Comex started this morning at 5AM almost 110,000 contracts of gold futures have traded.

that's 11 million ounces in 5+ hours.

between 8 and 9 AM over 58,000 contracts traded

But then the CFTC found no evidence of manipulation.

Tallinn viies 14:28 GMT October 1, 2013
eurusd
Reply   
17:23 01Oct13 RTRS-Strong euro messing with ECB's loose money policy
By Jessica Mortimer and Ana Nicolaci da Costa
LONDON, Oct 1 (Reuters) - A year after the European Central
Bank pledged to do all it could to save the euro, the currency's
new-found strength is tangling with its efforts to keep euro
zone monetary policy loose.
When ECB President Mario Draghi said last week the central
bank stood ready to offer more long-term loans to banks to keep
money-market rates from rising, some in the market saw it as a
covert - and misguided - attempt to talk down the
euro.[ID:nL5N0HJ2HM]
With the euro near a two-year high on a trade-weighted basis
, traders expect more such talk, but not much
impact on the currency. The euro remains supported by an
improving economy, the ECB's 2012 promise to save it, and the
U.S. Federal Reserve's decision last week to leave its monetary
stimulus programme unchanged.
"The ECB won't welcome either the strength of the euro or
the push higher in market rates. I think they will step up the
rhetoric," said Rabobank senior currency strategist Jane Foley.
"This year is different to previous years. We can talk about
real euro resilience."
The ECB issued unprecedented "forward guidance" to curb a
rise in money market rates in July, saying interest rates would
stay low for a prolonged period.
That policy was unveiled when the prospect of the Fed
slowing the pace of its bond-buying stimulus was pushing
money-market rates higher.
But paradoxically, Draghi's hint at the prospect of more
cheap loans came days after the Fed's surprise decision drove
euro zone money market rates to six-week lows.
That led some analysts to believe he may this time have had
the euro's strength in mind, because the Fed decision pushed the
euro to an eight-month high against the dollar.
"There is a lack of any direct reference by Draghi (to the
euro) ... What you do get is indirect comments the market
interprets as a very veiled, latent concern that the euro can
get too high and too expensive," said Neil Jones, head of hedge
fund FX sales at Mizuho.
The euro rose to $1.3569 after the Fed left its monetary
policy unchanged on Sept. 19. On Tuesday, a political stalemate
that partially shut down the U.S. government pushed it to
$1.3589.
A stronger euro is unwelcome to the central bank because it
can hurt exports, potentially threatening the euro zone's
nascent recovery. A strong currency and higher money-market
rates both effectively tighten financial conditions.
"At $1.35 and possibly drifting towards $1.40, the market's
interpretation is this is an amber light on currency concern,"
Jones said.
Draghi is likely to expand on his recent comments at a news
conference on Wednesday after an ECB policy meeting.
A Reuters poll shows economists expect the ECB to conduct
another long-term refinancing operation (LTRO) for banks at the
end of this year or early next.
It made more than a trillion euros in cheap loans available
in late 2011 and early 2012, most of it now repaid.
[ID:nL5N0HL21S]

ECB'S CONUNDRUM
But any attempt by the ECB to curb a rise in money-market
rates and the euro will be complicated and overshadowed by U.S.
monetary policy, analysts say.
The Fed's decision to delay tapering its stimulus has at the
same time helped and hindered the ECB's attempts to keep euro
zone monetary policy loose, since it pushed money market rates
lower but boosted the euro.
And as soon as investors think tapering is back on the
table, that would push the euro lower, as investors buy dollars,
but would probably cause euro zone money market rates to rise,
even if euro zone policy remained accommodative.
Salman Ahmed, global fixed-income strategist at Lombard
Odier, said using the LTRO as a monetary policy rather than a
crisis-fighting tool was misguided.
"The sensitivity of money markets to these policy measures
starts to fall when rates are this low. The first LTRO had a
huge impact because the rates were very high and it was targeted
towards the banking sector."
Indeed, for the ECB to have maximum effect both on the euro
and on euro zone money markets, some analysts say the ECB should
time its LTRO to coincide with the Fed scaling back its
stimulus.
That way, the LTRO could curb any rise in euro zone money
market rates stemming from the Fed action, which would push the
euro lower as the dollar rose.
"They (the ECB) want to build a perception in the market
that the ECB has something to set against any rise in front-end
rates, especially when tapering speculation should become more
acute going forward into Q4," said Commerzbank strategist
Benjamin Schroeder.

(Editing by Nigel Stephenson and Will Waterman)

Sweden Bendover 14:27 GMT October 1, 2013
EUR/JPY
Reply   
I confirm that EUR/JPY will either hit 133 or 132.50 or perhaps both

uk vgf 14:27 GMT October 1, 2013
Fak is out of his cage
Reply   
So this is ok to say..You are loosing a lot of credibility along with your site Jay...:Amman wfakhoury 13:58 GMT October 1, 2013
GOLD 1240: Reply
My alert is for othersw ..no doubt SAR is the idiot here

Amman wfakhoury 14:14 GMT October 1, 2013
EURJPY 132.50
Reply   
poss reach 13300 area before start going down

Amman wfakhoury 14:11 GMT October 1, 2013
EURJPY 132.50
Reply   
Sell tp 132.50 add sell if rise as 132.50 will be reached again.

GVI Forex john -- Inner Circle 14:05 GMT October 1, 2013
United States





U.S./Eurozone PMIs. U.S. PMI much better than forecast..

GVI Forex john -- Inner Circle 14:01 GMT October 1, 2013
United States

Amman wfakhoury 13:58 GMT October 1, 2013
GOLD 1240
Reply   
My alert is for othersw ..no doubt SAR is the idiot here

Amman wfakhoury 13:56 GMT October 1, 2013
GOLD 1240

wow..understand my signal well..1240 is coming if price keeps below 1290.

Saar KaL 13:55 GMT October 1, 2013
GOLD 1240

Cable...
I do not think you should mess with Longs for too long
6 months of a drop is coming

GVI Forex Jay Meisler 13:51 GMT October 1, 2013
GOLD 1240

Come on guys, please post on the Gold Forum.

hk ab 13:49 GMT October 1, 2013
GOLD 1240

Truth is: No one concerns any "confirmed signals" anymore......after so many failures.

Kwun, I had a good celebration today. Pity that I can't "spend" time here to "post" enough for you.

relentless starts again at 1300 but will not be too heavy above 1290.

IF (let me learn from someone ;)) key-day reversal persists, then, will exit all positions before NY close.

GL.

Central Kwun 13:49 GMT October 1, 2013
KaL's Trend and Level

KaL, still bullish on gold?

Amman wfakhoury 13:34 GMT October 1, 2013
GOLD 1240
Reply   
Important gold signal @ gold forum

Saar KaL 13:27 GMT October 1, 2013
KaL's Trend and Level

Gold Hits 1370 Probably next week

GVI Forex john -- Inner Circle 13:00 GMT October 1, 2013
United States





U.S. final Markit Mfg PMI. Revised lower.

GVI Forex john -- Inner Circle 12:58 GMT October 1, 2013
United States
Reply   

Saar KaL 12:47 GMT October 1, 2013
KaL's Trend and Level

SIlver
Long
22.3602 21.0317
22.6001 20.7744
22.8790 20.4783
23.5537 20.0772

Tgt Long Tgt Short
21.87042 21.58749

gold long
1,358.9822 1,301.0808
1,369.4360 1,292.3044
1,381.2982 1,282.1069
1,409.2772 1,267.6300

Tgt Long Tgt Short
1,337.06769 1,316.66790

London Misha 11:51 GMT October 1, 2013
Observations
Reply   
EURUSD - Bullish Engulfing Pattern follows Bullish Piercing Line Pattern and new high since Mar on Daily Chart. Possible Bull Flag!
USDJPY - Tests down to Fib supports 97.65 & 97.56 as well as Jun-to-date Uptrend & reverts back up!
GBPUSD - 2nd White Soldier follows Bullish Engulfing Pattern on Daily Chart. Tests new high since Feb 2013.
USDCHF - Follow on to Bearish Engulfing Pattern on Daily Chart. 2nd close below Neckline of H+S Top. Multi-crossover day on 3rd Oct +/- a day.
EURGBP - Follow on to Bearish Dark Cloud Cover on Weekly Chart. new low since Jan 2013!
AUDUSD - Indecisive Doji on Daily Chart follows Bearish Harami on Weekly Chart.
USDINR - Long Black Marubozo - possible Island Reversal Down - on Daily Chart.
USDZAR - 1st close over 50% Fib 10.0053 nut also an indecisive (possibly bearish) Spinning Top on Daily Chart.
USDBRL - Market rejects 61.8% Fib at 2.2586 & turns back down to test Lower Tine of Jun-Sep AP at 2.2078 on Daily Chart.

GVI Forex john -- Inner Circle 11:27 GMT October 1, 2013
China
Reply   



China NBS PMIs NBS up only slightly...

jkt-aye 11:25 GMT October 1, 2013
EUR/USD

lets roll Zeus...:))

GVI Forex john -- Inner Circle 11:21 GMT October 1, 2013
Switzerland
Reply   




EARLIER: September Swiss PMI higher.

USA ZEUS 11:16 GMT October 1, 2013
EUR/USD

tokyo ginko 11:01 GMT October 1, 2013
Hi friend. Never a dull moment. Very busy and involved activities. Not able to participate here per se but nice to stop by. Hope all is well with you!
Best to you!

USA ZEUS 11:14 GMT October 1, 2013
EUR/USD

prague mark 10:58 GMT October 1, 2013

Hi Mark.
I don't have a SL at this time, given the chart pattern presented.
Perhaps the "know thyself" rule is best at this juncture.

Cheers!

tokyo ginko 11:01 GMT October 1, 2013
EUR/USD

welcome back..how was your break?

prague mark 10:58 GMT October 1, 2013
EUR/USD

USA ZEUS 10:47 GMT October 1, 2013

////

what is SL for this pos? TIA

USA ZEUS 10:47 GMT October 1, 2013
EUR/USD
Reply   
Sell EURUSD
Entry: 1.3547 Target: Sub 1.30 Stop:

Short EUR/USD @ 1.3547. Nice payday ahead.

Cheers!

GVI Forex 09:56 GMT October 1, 2013
Global Markets News
Reply   
The USD was weaker after the US Govt was forced to begin a partial shutdown after lawmakers failed to bridge the divide as the clock stuck midnight. Overall sentiment was that USD was just too flawed to hold water at this time but off its worst levels ahead of the NY morning

TradeTheNews.com EU Market Update: US Govt shutdown sparks rumor of potential early release of Non-farm payroll data

GVI Forex john -- Inner Circle 09:55 GMT October 1, 2013
Slew of PMI's U.S. government shuts down

More correctly, this is only a PARTIAL shutdown of the government.

GVI Forex john -- Inner Circle 09:52 GMT October 1, 2013
Slew of PMI's U.S. government shuts down
Reply   

• HIGH IMPACT ITEMS:  US- Mfg PMIs
  


• Not surprisingly, the  U.S. government is in a partial shutdown mode. Nevertheless,  we are still expecting the sun to rise later today. The President has calculated that the partial shutdown hurts the Republicans more than his party. The question is will anyone notice? This whole process is a charade  with both sides only playing for political advantage. So far markets are yawning.


• PMI data from the Eurozone were in line with flash estimates. U.K. data eased. Notable today, German unemployment figures were weaker than expected.


• The Reserve Bank of Australia kept policy steady as widely forecast and the key Japanese quarterly Tankan Survey was stronger. See the  FOREX FORUM  for latest key data and charts as they are released. .
  


• The first week of the month is usually an active one for central bank meetings. The European Central Bank decision will be announced on Wednesday from Paris and the latest BOJ decision is due on Friday.
  


• The week ahead will be especially heavy on the data front. The early part of the week will see a slew of final PMI reports for September, The markets watch the PMI reports closely even though they are not as good predictors of key economies as some might hope.  Wednesday through Friday will see a number of U.S. employment reports. Street estimates currently are for a lackluster 180K increase in U.S. jobs in the month. The partial government shutdown could see the data delayed.
  


• Janet Yellen appears to be the likely candidate to take Bernanke's job as Fed Chair in late January. Her nomination could come as early as this week or next. She should be a safe appointment.
  


• For additional key items and more detail (dates, times, data estimates), be sure to reference our Economic Calendar . See the  FOREX FORUM  for latest key data and charts as they are released.
  

PAR 09:51 GMT October 1, 2013
Shut Down - Debt Ceiling
Reply   
Americans love Margritte exposition in New York.

Ceci n'est pas une shut down.

Ceci n'est pas une debt ceiling

GVI Forex Blog 09:51 GMT October 1, 2013 Reply   
HIGH IMPACT ITEMS: US- Mfg PMIs Not surprisingly, the U.S. government is in a partial shutdown mode. Nevertheless, we are still expecting the sun to rise later today. The President has calculated that the partial shutdown hurts the Republicans more than his party. The question is will anyone notice? This whole process is a charade with both sides only playing for political advantage. So far markets are yawning.

Slew of PMI's U.S. government shuts down

GVI Forex john -- Inner Circle 09:48 GMT October 1, 2013
Japan
Reply   



EARLIER: BOJ Tankan Survey. Data continues to respond positively to Abenomics.

GVI Forex john -- Inner Circle 09:21 GMT October 1, 2013
Fixed Income
Reply   
Early in Europe, prices in prime fixed income markets have been drifting lower following data and the partial U.S. government shutdown. Peripheral bond prices are higher.

GVI Forex john -- Inner Circle 09:00 GMT October 1, 2013
Eurozone

Saar KaL 08:50 GMT October 1, 2013
KaL's Trend and Level

AUDNZD shorts
1.1328 1.1179
1.1348 1.1142
1.1389 1.1067
1.1444 1.1004

Tgt Long Tgt Short
1.13095 1.12189

Saar KaL 08:44 GMT October 1, 2013
KaL's Trend and Level

GOLD
2 months average
1,392.06954 1,219.81799
Silver
24.08434 18.42783

Saar KaL 08:41 GMT October 1, 2013
KaL's Trend and Level

Cable on average for next 2 months

1.63674 1.53461

eurusd
1.36205 1.32445

USDJPY
103.70193 95.85027

usdchf
0.93581 0.90092

usdcad
1.05668 1.02321

NZDUSD
0.84112 0.77627

AUDUSD
0.95127 0.86823

GVI Forex john -- Inner Circle 08:39 GMT October 1, 2013
United Kingdom



U.K. Manufacturing PMI weaker than expected.

Syd 08:38 GMT October 1, 2013
you have to laugh :-))
Reply   
Go to Heaven for the climate. Go to censored for the company.

GVI Forex john -- Inner Circle 08:33 GMT October 1, 2013
United Kingdom
Reply   

-- ALERT --

SEPTEMBER 2013 GB Manufacturing PMI
56.7 vs. 57.5 exp. vs. 57.2 rev prev.

GVI Forex john -- Inner Circle 08:19 GMT October 1, 2013
Switzerland
Reply   


EARLIER: September Swiss PMI higher.

GVI Forex john -- Inner Circle 08:13 GMT October 1, 2013
Eurozone



EZ, GE and Fr final Mfg PMI. Germany Revised down. France up from flash estimate....

GVI Forex john -- Inner Circle 08:11 GMT October 1, 2013
Eurozone



EZ final Mfg PMI. unrevised...

GVI Forex john -- Inner Circle 07:59 GMT October 1, 2013
Eurozone
Reply   

GVI Forex john -- Inner Circle 07:57 GMT October 1, 2013
Germany
Reply   

Saar KaL 07:56 GMT October 1, 2013
KaL's Trend and Level

GBPAUD Longs
1.7466 1.7232
1.7513 1.7200
1.7606 1.7148
1.7707 1.7089

Tgt Long Tgt Short
1.74134 1.72661

Saar KaL 07:52 GMT October 1, 2013
KaL's Trend and Level

AUDJPY
Shorts
92.4961 90.6206
92.6833 90.1587
92.9224 89.2201
93.1340 88.4273

Saar KaL 07:38 GMT October 1, 2013
KaL's Trend and Level

EURCAD shorts
1.3991 1.3882
1.4002 1.3851
1.4034 1.3788
1.4083 1.3736

Tgt Long Tgt Short
1.39808 1.39155

Sydney ACC 07:32 GMT October 1, 2013
No money no spend, I don't see a collapse of the USD.

Given the layoffs does this also mean there will be no NFP and unemployment data on Friday?

Haifa ac 07:28 GMT October 1, 2013
No money no spend, I don't see a collapse of the USD.

"Belgium went 541 days without a government.
Anyone notice any difference?"

Good point. "Palestine" is without a governent for years--and their currency (NIS-New Israeli Shekel) is one of the strongest currency on earth!

Sydney ACC 07:25 GMT October 1, 2013
No money no spend, I don't see a collapse of the USD.

Belgium went 541 days without a government.
Anyone notice any difference?

Saar KaL 07:05 GMT October 1, 2013
KaL's Trend and Level

AUDUSD Shorts
0.9376 0.9271
0.9410 0.9239
0.9427 0.9209

Tgt Long Tgt Short
0.93845 0.92978

NZDUSD Shorts
0.8339 0.8231
0.8371 0.8192
0.8409 0.8153

Tgt Long Tgt Short
0.83338 0.82704

Saar KaL 06:50 GMT October 1, 2013
KaL's Trend and Level

Gold SHorts
1,338.3663 1,318.7314
1,360.2046 1,302.7406
1,372.9378 1,290.0537

Silver Shorts
21.8974 21.3909
22.3528 20.9766
22.6588 20.6684

Saar KaL 06:38 GMT October 1, 2013
KaL's Trend and Level

EURUSD shorts

1.3550 1.3498
1.3572 1.3467
1.3589 1.3445

cable shorts
1.6240 1.6160
1.6279 1.6103
1.6318 1.6063

USDJPY (Rather short)

98.4260 97.6572
98.7526 97.1901
98.9275 96.8921

USDCHF Longs
0.9060 0.9021
0.9107 0.8994
0.9133 0.8968

singapore td 06:32 GMT October 1, 2013
No money no spend, I don't see a collapse of the USD.

stronger nation with toilet paper currency?

Singapore SGFXTrader 06:32 GMT October 1, 2013
Impact of US Government shutdown on USDJPY

Dollar at 9-Month Low Versus Pound on Shutdown; Aussie Rallies [Bloomberg]

By Candice Zachariahs & Kevin Buckland - Oct 1, 2013 2:06 PM GMT+0800

The dollar slid to the lowest since Jan. 3 versus the pound after a partial shutdown of the U.S. government began with Congress in partisan dead-lock.

The U.S. currency dropped against most major peers as the wrangling between Senate Democrats and House Republicans threatened to stunt growth at a time when the central bank is weighing a tapering of stimulus. The yen fell briefly after the Bank of Japan’s Tankan survey beat economists’ estimates, and Prime Minister Shinzo Abe said he will proceed with the first sales-tax increase since 1997.

HK [email protected] 06:30 GMT October 1, 2013
No money no spend, I don't see a collapse of the USD.



Let those Gov. workers stay in their houses, clean their a s s e s with toilet paper and flash their own toilets with water they pay for.

Few days, and US will save a lot, and emerge a stronger nation.
And God bless America:)

perth WTR 06:30 GMT October 1, 2013
buy cable
Reply   
nice run by pound against usd
so all sub 1.40 view is out of the window ;)

singapore td 06:27 GMT October 1, 2013
No money no spend, I don't see a collapse of the USD.

the current strategy of the Fed and Obama's administration is they dont give a censored to USD value, USD will devalue over time
they only care about their stocks investment and paper economy

PAR 06:17 GMT October 1, 2013
Shut down
Reply   
Shut down as the sequester is good news for the Us economy as it reduces deficits , keeps Bernanke printing money and devalues the Us dollar .

HK [email protected] 06:15 GMT October 1, 2013
No money no spend, I don't see a collapse of the USD.
Reply   


Probably USD will be short in the markets, possibly making it stronger.
Anyway for the time can't see any collapse of the dollar:)

GVI Forex Blog 05:50 GMT October 1, 2013 Reply   
- US Congress remained in gridlock after 11th hour votes failed to provide a resolution between the Republican-controlled House legislation to include Obamacare implementation delays and Democrat-cont

TradeTheNews.com Asian Market Update: US lawmakers fail to bridge the divide as the clock strikes midnight on the shutdown; Q3 Tankan tops estimates as Abe decides to raise sales tax to 8% - Source Tr

Singapore SGFXTrader 05:33 GMT October 1, 2013
Long audusd

Buy AUDUSD
Entry: Target: Stop:

AUDUSD can potentially see 0.9460 and 0.95.

Keep your stops tight. GLGT.

Singapore SGFXTrader 05:31 GMT October 1, 2013
Impact of US Government shutdown on USDJPY
Reply   
Sell USDJPY
Entry: Target: Stop:

Dear fellow FX traders, any views on the Impact of US Government shutdown on USDJPY will be much appreciated.

Keep them rolling please.


Cheers
SGFX

tokyo ginko 04:58 GMT October 1, 2013
Long audusd

GT!

KL KL 04:32 GMT October 1, 2013
Long audusd

happy to cover 1/2 of audusd long here .9366.....go aussie go....

Sydney ACC 04:20 GMT October 1, 2013
United States

The Twitter account for the U.S. Capitol is now officially offline:

Due to a lapse in government funding, this account will not be active until further notice.

— U.S. Capitol (@uscapitol) October 1, 2013

dc CB 04:03 GMT October 1, 2013
United States

They Shut it Down
Officially

GVI Forex Blog 03:29 GMT October 1, 2013 Reply   
Uncertainty and vulnerability in stocks overall

Morning Briefing : 01-Oct -2013 -0328 GMT

KL KL 03:12 GMT October 1, 2013
Long audusd
Reply   
Top of the day....Long audusd here .93339..... Just got news leaked that RBA no rate cut.......so how come market not moving???.....LOL


The sham of information a mili seconds quicker but when I am 1 hour 20 minutes earlier...nothing happens....but we need to make money via faster, quicker, better....and anything that have the edge......sometimes being slower also an edge as is being WAY too early.....LOL

GVI Forex 01:11 GMT October 1, 2013
China
Reply   
CHINA SEP CFLP PMI 51.1 VS MEDIAN 51.7, PREVIOUS 51.0

GVI Forex 00:49 GMT October 1, 2013
Forex News
Reply   
* U.S. dollar off Monday's lows, but vulnerable

* Congress still in a deadlock as shutdown deadline draws closer

* Euro recovering but Italian politics remain a major risk

* Aussie dollar eyes RBA rate decision, China data

FOREX NEWS - Dollar eerily calm as U.S. government shutdown looms

Mtl JP 00:30 GMT October 1, 2013
eurusd

seems a little over the top to somehow extrapolate that not raising some debt ceiling = default - IF I understand what "default" is.

furthermore not raising the debt ceiling has nothing to do with confidence in ability to pay interest / capital of debts. In fact, one could argue, not raising the debt limit might be the better idea as less debt and interest overburden on the taxpaying public exceeding its ability to pay would be reduced