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  2022  
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

Forex Forum Archive for 11/08/2013

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


dc CB 21:13 GMT November 8, 2013
Fixed Income Snapshot



The only thing that mattered today was the $5.25bln POMO that hit the market at between 10 and 11:00AM...

Typical Big POMO day in the Stox Market

GVI Forex john 20:54 GMT November 8, 2013
Chart Points - Free 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.

PAR 20:53 GMT November 8, 2013
LABOR
Reply   
If You reduce the minimum wage to ZERO . like the price of capital has been reduced to Zero , unemployment rate would be ZERO
,and Consumer sentiment would be ZERO

GVI Forex john 20:42 GMT November 8, 2013
Commitment of Traders Report
Reply   



Naestved RAR 20:12 GMT November 8, 2013
623,000 Full Time Jobs Lost Last Month
Reply   
Follow this link and see data showing that 623.000 lost their job last month.

623,000 jobs lost

Mtl JP 18:50 GMT November 8, 2013
Fixed Income Snapshot

AL 16:51 ownership does not = control.
in addition to "only need to print to cover the losses" they also make laws and rules about covering losses to suit.

unlike Yellen , I do not subscribe to the notion that policymakers do more good than harm. While on the topic of Yellen, a reminder:
she sees the FED with three mandates.

according to her October 9, 2013 statement:
The mandate of the Federal Reserve is
1) to serve all the American people,
2) help ensure that everyone has the opportunity to work hard and build a better life. We can ensure that inflation remains in check and doesn't undermine the benefits of a growing economy.
3) We can and must safeguard the financial system
--
And safeguard it she will. Ahead of safeguarding Americans' saving's purchasing power. U can bet on it.

GVI Forex john 18:43 GMT November 8, 2013
Fixed Income Snapshot

Late in Europe, prices in prime fixed income markets are broadly lower following the much stronger than U.S. employment data. Equities are mixed. Peripheral bond prices are lower.

Mtl JP 18:35 GMT November 8, 2013
Friday yakkers

Ben will be reading from his prepared text "The Crisis as a Classic Financial Panic." And then take questions.

Mtl JP 18:28 GMT November 8, 2013
Friday yakkers

reminder, fwiw:

Ben is on deck in 2 1/2 hours at some IMF panel about "financial crises panic"

dc CB 18:17 GMT November 8, 2013
U.S. Employment data Much stronger than expected

Milliseconds after the release of the jobs report this morning, the 'supposedly' most liquid bond market in the world - US Treasury futures - were halted for 5 seconds. As Nanex notes, this has happened before... What is also evident, as seen below, is Gold's premature plunge (who knew what when?)

NANEX CHARTS

Another Jobs Report, Another Leak? Gold Plunges & Treasuries Halted

Jerusalem KB 17:17 GMT November 8, 2013
Gold hunter

Sell Gold
Entry: 1295 Target: Stop: 1302

pending sell limit
and when gold touch 1290 I will place a sell stop at 1280 with 1287 stop &1268 target

Jerusalem KB 17:15 GMT November 8, 2013
Gold hunter

Jerusalem KB 13:46:10 GMT - 11/08/2013

Sell Gold
Entry: 1308 Target: 1268 Stop: 1302
Jerusalem KB 18:58:06 GMT - 11/07/2013
sold gold at 1308 with stop 1315
-----
sleep now at 1302 and closed half with 160pips
-------
out with 230pips

Jerusalem KB 17:14 GMT November 8, 2013
Gold hunter

Sell Gold
Entry: 1295 Target: 1268-open Stop: 1297
Jerusalem KB 19:01:01 GMT - 11/07/2013

Sell Gold
Entry: 1295 Target: 1268-open Stop: 1302
placed 2 sell stops orders for 1268 and 2nd for open target
-----
out with 110pips

GVI Forex 17:05 GMT November 8, 2013
Week Ahead
Reply   
• UK Inflation Report, CPI and labour market data likely to send mixed messages

• Downside risk to euro area Q3 GDP; ECB speakers watched for signs of dissent

• Yellen’s Senate nomination hearing tops thin US calendar


ECONOMIC DATA ANALYSIS - CARNEY TO PLAY DOWN LABOUR MARKET STRENGTH

Dillon AL 16:51 GMT November 8, 2013
Fixed Income Snapshot

JP As I and few others discovered back in the 80's unless you own it all and more then you do not have control.
Go calculate the FED's mark to market (Yes I know they only need to print to cover the losses) but from an accountants point of view they have been a constant and large (the largest ever) buyer and yet they are under water
The point is if you leave one holder (investor) then they are the ones to have control. Its called market forces and therefore that one tiny investor IS the lone vigilante

GVI Forex 16:48 GMT November 8, 2013
Global Markets News
Reply   
Bond yields have spiked in the wake of the jobs data. The yield on the US 10-year have rocketed up to 2.75% from 2.60% before the data, while other global yields have followed its lead. Meanwhile gold spiked lower,

TradeTheNews.com US Market Update: US October Jobs Report Powers Markets Higher

Mtl JP 16:46 GMT November 8, 2013
Fixed Income Snapshot

nh 16:15 there are no old vigilantes with canes and hearing aids

only CBankers whose only ticket to peddle is "credibility" - meaning YOU are supposed to trust them ...

trust YOUR money in THEIR banks and crucially importantly, go out and borrow - and equally importantly - borrow some more to pay them the interest on the first loan. And then do it again n again. They need to rotate all those created fiats ya hear ?

GVI Forex Blog 16:45 GMT November 8, 2013 Reply   
Bond yields have spiked in the wake of the jobs data. The yield on the US 10-year have rocketed up to 2.75% from 2.60% before the data, while other global yields have followed its lead. Meanwhile gold spiked lower,

TradeTheNews.com US Market Update: US October Jobs Report Powers Markets Higher

Livingston nh 16:15 GMT November 8, 2013
Fixed Income Snapshot

For the next month this rate will be the big test of the Fed resolve -- the rate got away from them on TAPER guidance over the summer -- will the FED be able to talk down the rate in the face of sub 7% unemployment and improving economy? will the old bond vigilantes emerge with their canes and hearing aids to fight again?

Saar KaL 16:05 GMT November 8, 2013
KaL's Trend and Level

cable
Not sure...but might be heading to 1.62 next week

USA ZEUS 15:56 GMT November 8, 2013
EUR/USD scalpers

$EURUSD 1/2 scalp shorts closed at 1.3338. Core position remains firmly intact for the posted targets. Cheers!

GVI Forex Blog 15:53 GMT November 8, 2013 Reply   
November 8, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, Novemeber 11. Updated: Trading Events Calendar HIGH IMPACT RELEASES: CN- CPI, CA/US- Holiday

GVI Forex Data Outlook for November 11, 2013

GVI Forex john 15:51 GMT November 8, 2013
Calendar -- Daily Forex Data
Reply   


November 8, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, Novemeber 11. Updated: Trading Events Calendar

HIGH IMPACT RELEASES: CN- CPI, CA/US- Holiday

  • Far East: CN- CPI
  • Europe: No Major Data
  • North America: US/CA- Holiday


GVI Forex john 15:36 GMT November 8, 2013
Fixed Income Snapshot

now that the dust has settled, the 10-yr is 2.76% +16bp.

hk ab 15:28 GMT November 8, 2013
gold
Reply   
1285 kicked in, 1280 pending.

Then, bombs under.

ottawa ottawa 15:23 GMT November 8, 2013
Sell EUR/USD

yep...margin calls

HK Kevin 15:17 GMT November 8, 2013
Sell EUR/USD

Sorry, should be "Would 1.3260 be tested today?"

Mtl JP 15:13 GMT November 8, 2013
Sell EUR/USD

eurdlr currently toying with gv-chartpoint 100dma at 1.3343

HK Kevin 15:11 GMT November 8, 2013
Sell EUR/USD
Reply   
Would 1.4360 be tested today?

Porto Cubriclas 15:09 GMT November 8, 2013
FM AIRLINES

Gold down to 1270 and i leave fx. Poker is next level. 15 years in fx and nothing...2 years in poker and some money earned...
I knew 10% of fx traders win. The other 90% loose. Im part of the 90%...

Paris ib 15:06 GMT November 8, 2013
University of Michigan Preliminary Survey

OK so a lot of people don't really believe the employment numbers. Fine. I don't know what the economy is like on the ground in the States. I have an idea it's not great. That said, what's the deal? Do you really believe that the FED should continue to buy Treasuries and Mortgage Backed Securities every month? If so, is it really to support economic recovery or is it because of an underlying belief that if the FED stops buying there is no real buying interest and the market will collapse.

I get the impression that's what the Taper thing is about. Without the FED the U.S. risks a debt crisis. If that's the case, the crisis is already here and FED buying is just smokescreen.

Mtl JP 15:06 GMT November 8, 2013
University of Michigan Preliminary Survey

john that is why UofM data does not qualify for "HIGH IMPACT ITEMS" category coz that would put on par with a such items as a FED no-taper or ECB rate cut items that have the power to elicit 1% + reaction moves.

GVI Forex john 15:00 GMT November 8, 2013
University of Michigan Preliminary Survey



University of Michigan-Conference Board Sentiment. Preliminary Michigan data weaker than expected. This is subject to revision in about two weeks.

GVI Forex john 14:56 GMT November 8, 2013
University of Michigan Preliminary Survey

Weaker than expected Michigan Survey does not confirm jobs report.

GVI Forex john 14:55 GMT November 8, 2013
University of Michigan Preliminary Survey
Reply   




ALERT
PRELIM NOVEMBER 2013 University of Michigan Sentiment Index
72.0 vs. 74.2 exp. vs. 73.2 final October


TTN: Live News Special Offer


Direct links to primary data sources

Mtl JP 14:42 GMT November 8, 2013
Friday yakkers

to underscore a point:

"The president of the European Central Bank underscored the need for action in Washington at the meetings of the International Monetary Fund and the World Bank.

"The effectiveness of this exercise will depend on the availability of necessary arrangements for recapitalizing banks ... including through the provision of a public backstop," Mario Draghi said on Friday. "These arrangements must be in place before we conclude our assessment," he said." (from the rtrs link, own emphasis)
--
Bottom Line:
- beware of the inauguration of a Europe-wide banking union.
that will be your signal to convert any digi-money on deposit with banks into physical paper - if not something else that the evil printers can not print - and outside banks.

Jerusalem KB 14:39 GMT November 8, 2013
Gold hunter

Buy GBPAUD
Entry: 1.7015 Target: 1.7210 Stop: 1.6990

Jerusalem KB 20:09:50 GMT - 11/07/2013

GBPAUD
Entry: 1.7015 Target: Stop: 1.6945
bought
-''-
out of half 50pips+

Amman wfakhoury 14:39 GMT November 8, 2013
EURUSD 100-120 pips move

The move will be from 13400.
price broke down 13384 but still not closed below it.
I am in sell since 13384 unless it breaks up 13384 and closed above it.

Jerusalem KB 14:37 GMT November 8, 2013
Gold hunter

Sell Gold
Entry: 1295 Target: 1268-open Stop: 1297

Jerusalem KB 19:01:01 GMT - 11/07/2013

Sell Gold
Entry: 1295 Target: 1268-open Stop: 1302
placed 2 sell stops orders for 1268 and 2nd for open target
----
all stops now at 1297

Mtl JP 14:25 GMT November 8, 2013
Friday yakkers
Reply   
already yakking approx 10 mins is ECB's Mersch
on crisis, Greece & austerity
-
later this NY afternoon, Bernanke, Fischer & Summers
on financial crises at an IMF panel
--
that is one topic close to the evil hearts of these central bank characters:
- systemic resilience
- financial crisis
- bank runs
---
as far as I am concerned, trillions of fiats flood later and the banks are still in deep wazoonga (zimbabwean term for s...)

There is no economic recovery possible to catch up with the amounts that leveraged bank lending going backwards on the banksters.

The Bottom Line problem:
- is that banksters do not want to and resist tooth and nail, take a loss on their deposits loaned out 10-15 times going bad on them.

note: Europe prepares to come clean on hidden bank losses rtrs

GVI Forex john 14:19 GMT November 8, 2013
U.S. Employment data much stronger than expected

There is no doubt that after the revisions today has seen much stronger than expected employment data. Note also that the ADP reading a week ago was incorrect. The data put a Fed tapering on the table for consideration at the December FOMC meeting.

The data could explain the unexpected more hawkish turn at the Fed October meeting.

cannes elton 14:12 GMT November 8, 2013
EURUSD 100-120 pips move

Amman wfakhoury 08:55 GMT 11/08/2013
consolidates at 13400 level ...and preparing for 100-120 pips move ...
the close of 1 r bar above 13438 or 13384 will determine the direction.


1 r bar was below 13384- do you still see 100 - 120 pips down

tks

GVI Forex john 14:09 GMT November 8, 2013
Personal Income



U.S. CPI and PCE Deflator. Fed Targets PCE Deflator. Well below target,

GVI Forex john 14:06 GMT November 8, 2013
Canadian Jobs in Line
Reply   
Canada jobs. Data in line with estimates.

GVI Forex john 14:03 GMT November 8, 2013
U.S. Employment data Much stronger than expected
Reply   
Monthly jobs U.S.


Mucch stronger than expected U.S. jobs data. Previous data revised higher.






Click on chart for more than 10-yr history





Direct links to primary data sources

PAR 14:03 GMT November 8, 2013
Bernanke
Reply   
Bernanke didn' t see the recession coming and very consistently didn' t see the recovery coming .

GVI Forex john 13:51 GMT November 8, 2013
Personal Income
Reply   




ALERT
OCTOBER 2013
U.S. Personal Income/PCE Deflator
Personal Income +0.50% vs. 0.30% exp. vs. 0.40% prev.
PCE Defl +0.90% vs. +1.30% exp. vs. +1.20% prev.


TTN: Live News Special Offer


Direct links to primary data sources

GVI Forex john 13:48 GMT November 8, 2013
Canada Employment Data
Reply   




ALERT

OCTOBER 2013 Canada Employment
Jobs: +13.2 vs. +12.0K exp. vs. +11.9K prev.
Rate: 6.90% vs. 7.00% exp. vs. 6.90% prev.



TTN: Live News Special Offer


Direct links to primary data sources

Livingston nh 13:46 GMT November 8, 2013
U.S. Employment data

The PLUG factor on NFP was 126k (about 25% higher than usual) -- good news on prior months higher revisions

Jerusalem KB 13:46 GMT November 8, 2013
Gold hunter

Sell Gold
Entry: 1308 Target: 1268 Stop: 1302

Jerusalem KB 18:58:06 GMT - 11/07/2013
sold gold at 1308 with stop 1315
-----
sleep now at 1302 and closed half with 160pips

GVI Forex john 13:46 GMT November 8, 2013
U.S. Employment data




ALERT
OCTOBBER 2013 U.S. Employment
NFP Jobs: +204K vs. +125K exp. vs. +148K (r ) prev.
Private Empl: +212K vs. +130K exp. vs. +126K (r ) prev.
Rate: 7.30% vs. 7.30% exp. vs. 7.20% prev.


TTN: Live News Special Offer


Direct links to primary data sources

HK [email protected] 13:42 GMT November 8, 2013
U.S. Employment data



So chances for tapering are increasing, which means Dow will drop today.

Mtl JP 13:42 GMT November 8, 2013
Government Shutdown

used housing - both units resold and prices - should pick-up after all these new salaried additions

Paris ib 13:37 GMT November 8, 2013
Pacific Storm

Amen to that FM.

PAR 13:37 GMT November 8, 2013
Government Shutdown

Bernanke in tears as his beloved recessions seem to be over .

PAR 13:35 GMT November 8, 2013
Government Shutdown
Reply   
Actualy the government shutdown and the sequester proved to be good for the private Us economy .

Less government stimulates private job creation.

jkt-aye 13:32 GMT November 8, 2013
U.S. Employment data

204k

Mtl JP 13:28 GMT November 8, 2013
U.S. Employment data

baaad number would be under 120K

Mtl JP 13:18 GMT November 8, 2013
U.S. Employment data

expectation is 120K

more than 150K , if it prints , should see usd giddy UP

Lahore FM 12:57 GMT November 8, 2013
Pacific Storm

all prayers for the people of Phillipines!

GVI Forex john 12:55 GMT November 8, 2013
U.S. Employment data
Reply   

HEADS-UP: Data (forum top)
EURUSD= 1.3420
GBPUSD= 1.6075
USDJPY= 98.10
USDCAD= 1.0455

US 10-yr= 2.61%
DE 10-yr= 1.70%
(Manually refresh forum to update Calendar)

Direct links to primary data sources

Livingston nh 12:47 GMT November 8, 2013
Fixed Income Snapshot

The big surprise to me yesterday was the absence of any volatility in FI -- today's US employment report should cause some whiplash in stox futures, FX and FI if the commentary tries to dismiss the headline figures as "shutdown distortions" // should be something in it for everybody

GVI Forex 11:31 GMT November 8, 2013
Global Markets News
Reply   
USD majors are contained to narrow ranges after a volatile US session coming in the wake of a surprise ECB rate cut and a better than expected US GDP data

TradeTheNews.com Asian Market Update: China trade balance hits 10-month highs as exports improve; RBA quarterly statement lowers 2014 GDP forecast

bali sja 11:04 GMT November 8, 2013
So much bad thoughts about the Euro.

even 1.40-1.42 still good enough

GVI Forex john 10:53 GMT November 8, 2013
Chinese Trade Surplus Improves



EARLIER China Trade surplus larger than expected.

GVI Forex john 10:48 GMT November 8, 2013
Chinese Trade Surplus Improves
Reply   





- Earlier --
oCTOBER 2013 China Trade USD b
+31.1 vs. +25.00 exp. vs. +15.2 prev.


TTN: Live News Special Offer


Direct links to primary data sources

Paris ib 10:16 GMT November 8, 2013
Westpac Reiterates View of 50bps Cuts in 2014

"Concerns around a "housing bubble" seem limited and, quite frankly, given the multiple headwinds..... the housing market seems to be, from the Bank's perspective, the “only hope” for the rebalancing of the economy in 2014."

The "only hope"!!! Great plan B they have in Australia, not. They should have listened to that Treasurer (who was ditched) who said he didn't want Australia to be just a mine and a farm. Rebalancing..... a housing bubble as the only hope. Good grief.

GVI Forex john 09:48 GMT November 8, 2013
U.S. employment due. S&P downgrades France
Reply   

Spot
20d avg
10-yr
Equities
 EURUSD  1.3420
 1.3633
 U.S. 2.61% +1bp
  North America: Mixed
 EURJPY 13.75
 133.82
 Bund 1.70% +1bp
 DE: DAX: Lower
 GBPUSD 1.6080
 1.6077
 GILT 2.69% +1bp
 GB: FTSE: Lower
 USDJPY 98.17   98.15
  JGB 0.59% -1bp  Asia Close Lower

HIGH IMPACT ITEMS:CA- Employment, US- Productivity, Trade, Personal income, Employment, University of Michigan Survey

  • The European Central Bank surprised the markets Thursday with a cut in interest rates in response to a sluggish economy and developing deflation. The rate reduction was completely unexpected by the markets. S&P downgraded the French credit rating, but left its credit outlook stable.

  • U,K.visible trade gap broadened in the latest month  to -GBP 9.880 vs. estimates for -GBP9.630.. See the  FOREX FORUM  for latest key data and charts as they are released.

  • The major event today will be the release of October U.S. Employment data. Canadian October Employment data are due for release on that session as well.

  • 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 09:47 GMT November 8, 2013 Reply   
HIGH IMPACT ITEMS:CA- Employment, US- Productivity, Trade, Personal income, Employment, University of Michigan Survey The European Central Bank surprised the markets Thursday with a cut in interest rates in response to a sluggish economy and developing deflation. The rate reduction was completely unexpected by the markets. S&P downgraded the French credit rating, but left its credit outlook stable.

U.S. employment due. S&P downgrades France

GVI Forex john 09:31 GMT November 8, 2013
United Kingdom Trade figures
Reply   



-- ALERT --

SEPTEMBER 2013 U.K. Trade GBP (bn)
Total Trade: -9.880 vs. -9.200 exp. vs. -9.630 prev.
non-EU: -3.90 vs. -4.00 exp. vs. -4.35 prev.


TTN: Live News Special Offer


Direct links to primary data sources

Sydney ACC 09:31 GMT November 8, 2013
Westpac Reiterates View of 50bps Cuts in 2014
Reply   
This is a decidedly more dovish Statement than was expected. While we anticipated the Bank using fairly moderate language around prospects for the economy in order not to "talk up" the Australian dollar, we did not expect such a growth downgrade. The concerns around the larger than expected slowdown in mining investment; the weak outlook for employment and wages; a clear downward revision in the outlook for non-mining investment; and acceptance of headwinds coming from public spending support our view that the Bank continues to maintain an easing bias.

http://www.businessspectator.com.au/ article/2013/11/8/economy/ weekend-economist-dovish-downgrade

GVI Forex john 09:29 GMT November 8, 2013
Fixed Income Snapshot
Reply   
Early in European trading hours, prices in prime fixed income markets are broadly lower following the French debt downgrade. Equities are lower Peripheral bond prices are weaker.





PAR 09:20 GMT November 8, 2013
US Stocks
Reply   
With a FED balance sheet of over $ 4 trillion US stocks never go down two days in a row . Buying shraes during the Weimar republic was the best strategy , buying shares during Yellen republic will be the best strategy . Dangerous point is to get out before everything implodes.

But yes we can and yes we scan . LoL.

HK [email protected] 09:19 GMT November 8, 2013
So much bad thoughts about the Euro.
Reply   



Possibly 1.3600/50 range will be reached. On contrarian view.

cannes elton 08:57 GMT November 8, 2013
EURUSD 100-120 pips move

tks

ottawa ottawa 08:56 GMT November 8, 2013
EURUSD 13430

well considering today is w.e, so you have an 65-85 pt range on Euro, 105+ pt range on GBP,
I would suggest you go with M-pivots and supports i.e. 1.336-1.3428 on down market and 1.380-1.3470+ on up market, direction within the hour for Euro...

for me, I have my shorts and puts from yesterday, sticking with the plan.

Amman wfakhoury 08:55 GMT November 8, 2013
EURUSD 100-120 pips move
Reply   
consolidates at 13400 level ...and preparing for 100-120 pips move ...
the close of 1 r bar above 13438 or 13384 will determine the direction.

cannes elton 08:42 GMT November 8, 2013
EURUSD 13430

EURUSD
Entry: Target: Stop:

good morning
any idea for today range pls
tks

PAR 06:59 GMT November 8, 2013
Hollande just keeps spending
Reply   
S&P cuts France's sovereign credit rating


Ratings agency Standard and Poor's cut France's sovereign credit rating to AA from AA on Friday, citing lack of progress in government reforms of the country's economy.

The agency revised the country's sovereign credit outlook up to stable from negative, however.

In a statement, S&P said that it had lowered France's rating because it believed the French government's reforms to taxation, as well as to product, services, and labor markets, "will not substantially raise France's medium-term growth prospects, and that ongoing high unemployment is weakening support for further significant fiscal and structural policy measures."

http://www.cnbc.com/id/101181640

Hong Kong AceTrader 06:55 GMT November 8, 2013
AceTrader Nov 8: Daily Outlook on Asian Exotic USD/KRW
Reply   
DAILY USD/KRW OUTLOOK - 1064.0
08 Nov 2013 06:17GMT

Usd's intra-dat breach of Wed's 1063.7 top sug-
gests erratic rise fm 1054.3 has resumed n retrace.
of MT decline to 1066.6 wud be seen b4 retreat.

Stand aside n look to buy on dips as only below
1058.7 signals temp. top made, 1054.3 again.


STRATEGY : Stand aside

RES : 1065.0/1066.6/1069.2

SUP : 1058.7/1054.3/1051.0

Saar KaL 06:55 GMT November 8, 2013
KaL's Trend and Level



for all that believe news works...hahah..then that is me

Amman wfakhoury 06:17 GMT November 8, 2013
EURUSD 13430
Reply   
Amman wfakhoury 15:33 GMT November 5, 2013
EURUSD 13430: Reply
13430 confirmed ..will be reached.
---------------
13430 confirmed and reached again after rising to 13545


USA ZEUS 06:13 GMT November 8, 2013
EUR/USD scalpers

1/2 scalp shorts closed at 1.3393 for a decent gain. Core shorts firmly intact for posted targets several figures lower.
Cheers!

GVI Forex Blog 05:24 GMT November 8, 2013 Reply   
China October trade surplus rose to a 10-month high, bolstered by a much stronger than expected increase in exports just a month after a surprise contraction. Exports to US accelerated to 6.9% from 4.

TradeTheNews.com Asian Market Update: China trade balance hits 10-month highs as exports improve; RBA quarterly statement lowers 2014 GDP forecast - Source TradeTheNews.com

Saar KaL 05:16 GMT November 8, 2013
KaL's Trend and Level

EURJPY ...accumulating longs

Saar KaL 04:52 GMT November 8, 2013
KaL's Trend and Level

CADJPY
Seems Like a good buy over next week
94.00 to 92.59
tgt 101

GVI Forex Blog 03:39 GMT November 8, 2013 Reply   
Dow (15593.98) fell sharply on speculation that the US govt. would cut stimulus earlier than

Morning Briefing : 08-Nov-2013 -0338 GMT

HK [email protected] 01:55 GMT November 8, 2013
Pacific Storm



Sea surge at that wind speed is more than possible, especially near the Pacific coast. May wipe out whole settlements.

Hong Kong AceTrader 01:44 GMT November 8, 2013
AceTreader Nov 8 : Euro tumbles after ECB 0.25% rate cut
Reply   
Market Review - 07/11/2013 22:17GMT

Euro tumbles after ECB 0.25% rate cut

The single currency tumbled on Thursday after ECB unexpectedly cut interest rate to 0.25% together with the release of U.S. GDP data which came in stronger than economist's forecast. ECB cut refinancing rate to 0.25% and cut interest rate on marginal lending to 0.75%. U.S. GDP in Q3 came in at 2.8%, stronger than the forecast of 2.0%.

The single currency traded narrowly in Asian session and European morning. Euro tumbled to 1.3354 after ECB announced the interest rate decision and then fell to an intra-day low of 1.3295 in New York morning due to the release of strong U.S. GDP data. The pair later rebounded to 1.3450 in late New York as Dow Jones index turned negative and closed down by 153 points at 15594.

Versus Japanese yen, the greenback found support at 98.56 in Asian trading and then climbed higher to 98.75 in European morning. Dollar further jumped to a session high at 99.41 after the release of stronger-than-expected U.S. GDP data in New York morning. However, profit-taking offers together with active cross buying in jpy quickly emerged there and U.S. dollar tanked to intra-day low at 97.60 in late NY due to the sharp selloff in U.S. equities.

The British pound fell to 1.6065 in Asian session before rebounding to 1.6092 ahead of European open. The pair dropped to 1.6054 ahead of New York open after Bank of England rate decision and then further tanked to a session low at 1.6010 in tandem with euro's selloff and strong U.S. GDP data in New York morning. However, renewed buying interest there lifted price higher to 1.6114 in late New York b4 stabilizing.

Bank of England said 'leaves QE asset purchase total unchanged at 375 billion sterling; holds bank rate at 0.5%.'

ECB's President Mario Draghi said 'took decision on liquidity; further diminishing of inflation pressure; inflation expectation continue to be firmly anchored; followed by gradual upward movement; ECB monetary policy stance will remain accommodative for as long as necessary ; governing council expects key ECB interest to remain at current or lower levels for extended period of time; this expectation is based on overall subdued outlook for inflation extending into medium term; extend full allotment in liquidity operations until at least July 2015; real income have benefited from generally lower inflation; growth risks are on downside; global money, financial market conditions downside risk; October inflation decline was stronger than expected; inflation expected to remain at low levels in coming months; inflation risks are broadly balanced; upside inflation risks in particular from commodity prices; weak loan dynamics reflect primarily business cycle; technically ready for negative deposit rate; possibility for negative deposit rate is part of our artillery; we have instruments, LTRO and negative deposit rate are some of them.'

Data to be released on Friday:

RBA monetary policy statement, Swiss unemployment rate, retail sales, U.K. trade balance, Germany current account, export, import, trade balance, France current account, trade balance, industrial production, manufacturing production, Canada housing starts, net change in unemployment, unemployment rate, U.S. personal income, personal consumption, PCE index, PCE core, non-farm payrolls, private payrolls, unemployment rate, average hourly earnings and University of Michigan consumer confidence.

HK [email protected] 00:32 GMT November 8, 2013
USD/CHF
Reply   


Got some Swissy inside the spike.

This stuff will likely to appreciate. Will the Euro follow?

HK [email protected] 00:28 GMT November 8, 2013
RACING STORM(TYPHOON)
Reply   


A storm with a fast moving center, which advances fast, but it's wind speed will be maintained, much more if low obstacles are on it's way.

Which in fact what happens now.

LINK

HK [email protected] 00:14 GMT November 8, 2013
Pacific Storm



Those who will survive will be thrown into deeper poverty and hunger, as agriculture will be totally ruined.

Many of the young ones, will start migrating to the big cities to find an income.

Memphis Charles 00:09 GMT November 8, 2013
Pacific Storm

Precisely the time for hope and prayer. What else is one to do? Hopefully, people heeded early warnings and have prepared as best they can.

HK [email protected] 00:06 GMT November 8, 2013
Pacific Storm




Don't hope and don't pray: The die is cast.

 




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




pic

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
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

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
The Amazing Trader
Forex Opportunities
Forex Affiliates
Forex CopyTrading
GVI Forex