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 11/11/2013

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

GVI Forex john 21:38 GMT November 11, 2013

November 11, 2013 ( UPCOMING DATA HIGHLIGHTS for Tuesday, Novemeber 12. Updated: Trading Events Calendar


  • Far East: No Major Data
  • Europe: GB- CPI/RPI/PPI
  • North America: US- 3-yr Auction, API Energy

prague mark 21:08 GMT November 11, 2013
" Trade Ideas "

Lahore FM

do you see eur/usd down or sonsolidation >1.34? TIA

Lahore FM 21:03 GMT November 11, 2013
" Trade Ideas "

Entry: 99.21 Target: 110.00 Stop: 98.70

long now

GVI Forex john 20:28 GMT November 11, 2013
Chart Points -- Trading Points
Pre-Closing Trading Points...
many more chart points
About Moving Averages
About Bollinger Bands

Refresh Forum Manually to Update Table.

GVI Forex john 20:04 GMT November 11, 2013
Chart Points - Free FX Database

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.

Mtl JP 19:47 GMT November 11, 2013
Subdued Holiday Trade. Back- end weighted data week

john if "the Eurozone economy is in trouble" (UK's largest trading partner) and in view of anticipating Carney's Nov. 13 new economic and inflation forecasts what do you expect for the gbp from here ? tia !

GVI Forex john 19:13 GMT November 11, 2013
Subdued Holiday Trade. Back- end weighted data week

20d avg
 EURUSD  1.3410
 U.S. 2.75% 0 bp
  North America: Higher
 EURJPY 133.04
 Bund 1.75% -1bp
 DE: DAX: Higher
 GBPUSD 1.5986
 GILT 2.79% +2bp
 GB: FTSE: Higher
 USDJPY 99.22   98.23
  JGB 0.60% +1bp  Asia Close Higher


  • Trade got off to a sluggish start this week with Holidays Monday is several centers due to the Veterans Day (formerly Armistice Day) observances. Markets were also still digesting the October U.S. employment report (including revisions), which  was much stronger than expected. There is no doubt that in the markets that the data put a Fed tapering on the table for consideration at the December FOMC.

  • The European Central Bank (ECB) also blindsided the markets last  Thursday with an unexpected 25bp cut in its refi rate to 0.25%.  The Eurozone has seen rising unemployment and falling (0,70% y/y) flash October HICP inflation. It was the developing deflation in the Eurozone that forced the hand of the ECB to make the token cut in the Refi rate. Its greatest significance was symbolic as it sent a clear message to the markets that the Eurozone economy is in trouble.

  • Tuesday starts a period  of a number of key U.K. data  releases. Otherwise, a the usual weekly U.S. data are due. Key Eurozone inflation data are also slated. Keep in mind, recent very weak inflation data may have been behind the unexpected ECB rate cut last week.

  • 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 19:12 GMT November 11, 2013 Reply   
HIGH IMPACT ITEMS: GB- CPI/RPI Trade got off to a sluggish start this week with Holidays Monday is several centers due to the Veterans Day (formerly Armistice Day) observances. Markets were also still digesting the October U.S. employment report (including revisions), which was much stronger than expected. There is no doubt that in the markets that the data put a Fed tapering on the table for consideration at the December FOMC.

Subdued Holiday Trade. Back- end weighted data week

Jerusalem KB 19:01 GMT November 11, 2013
Gold hunter

Buy Gold
Entry: 1283 Target: Stop: 1277.8


Jerusalem KB 18:04 GMT November 11, 2013
Gold hunter

Sell Gold
Entry: 1277.8 Target: 1268-1254 Stop: 1282

sell stop

GVI Forex Blog 16:04 GMT November 11, 2013 Reply   
November 11, 2013 ( UPCOMING DATA HIGHLIGHTS for Tuesday, November 12. Updated: Trading Events Calendar HIGH IMPACT RELEASES: GB- CPI/RPI

GVI Forex Data Outlook for November 12, 2013

GVI Forex john 16:01 GMT November 11, 2013

November 11, 2013 ( UPCOMING DATA HIGHLIGHTS for Tuesday, November 12. Updated: Trading Events Calendar


  • Far East: No Major Data
  • Europe: GB- CPI/RPI/PPI
  • North America: US- 3-yr Auction, API Energy

Mtl JP 13:32 GMT November 11, 2013
suckers: CB's making fools out of pundits & players
according to (Reuters) - After slashing interest rates to almost nothing and printing trillions of dollars, central banks are becoming increasingly reliant on another policy weapon: sucker punching markets

The European Central Bank shocked investors and forecasters last Thursday by cutting its main refinancing rate to a record low, reacting to a shock decline in inflation.

It was the second big central bank surprise in less than two months, after the U.S. Federal Reserve decided in September not to trim its monthly bond purchase stimulus.
how long are players going to let themselves be kicked in what the squirrels like ?
should this not mean war ?

GVI Forex john 13:18 GMT November 11, 2013
Monday's Market

nh - Thanks. Always so nice to have you around!

Livingston nh 13:12 GMT November 11, 2013
Monday's Market

John - there are a lot of small explanations for decline in LFP but the trend has been clear for some time

"Livingston nh 15:58 GMT July 5, 2009
Unemployment Rate: Reply

A further comment on employment trends - a longer term chart - the blue line is the labor force shown in the prior comment - the green line is the participation rate which has been growing since the '70s as the boomer moms and then boomers entered the workforce - this has been a very strong contributor to the overall economic growth and for 40 years up until the dot com recession in 2001 has grown after each recession - it looks like it has peaked

The red line is employment % of total population -- Head and Shoulders w/ a break of the neckline here (?) - this trend is the problem and the opportunity... "
We should also be watching the Emerging Markets for similar reaction to May - Sept TAPER fears

Thanksgiving is for the Bears

GVI Forex john 13:06 GMT November 11, 2013
Monday's Market

EUR Heat Map. All GREEN in the change column. That signifies the EUR is higher vs. other major currencies.

GVI Forex john 12:57 GMT November 11, 2013
Monday's Market
Off to a sluggish start today. U.S banks and the Fed are closed for the Veteran's Day (formerly Armistice Day) holiday. Canada and France are closed as well. U.S. share markets are open. This is a relatively sow week for market-moving data.

Today is the first full day for markets to react to the unexpected surge in October non-farm payrolls released on Friday. The data are being tempered by massive (unexplained) decline in labor force participation.

So far the EUR is up on its major crosses.

GVI Forex john 11:13 GMT November 11, 2013
Fixed Income Snapshot
Early in European trading hours, prices in prime fixed income markets are mostly mixed. U.S. bond markets are closed for a holiday today. Equity markets are mostly higher today. Peripheral bond prices are higher.

GVI Forex 10:55 GMT November 11, 2013
Global Markets News
Quiet conditions gave dealer time to reflect on last week's US data and whether Dec was a viable option for potential taper EU Market Update: Partial US holiday has participation on the sidelines

ed kw 09:56 GMT November 11, 2013

us bonds are to high shod keep fed all in

jkt-aye 09:53 GMT November 11, 2013
Entry: Target: Stop:

is this the high of the day ?

Lahore FM 09:39 GMT November 11, 2013
" Trade Ideas "

Buy Gold
Entry: 1280 Target: Stop: 1269.50

long now

PAR 09:28 GMT November 11, 2013

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights.

Officials said the bank’s leadership was even more concerned that growing anti-ECB sentiment in Germany could hamper Mr Draghi’s ability to move aggressively against signs of deflation and on other issues sensitive to Berlin. These include the future of the EU’s “banking union” and the provision of new cheap long-term loans to struggling eurozone banks.

“This indeed can be a problem for the coming difficult decisions,” said one person involved in the discussions. “It shows a big problem: that the ECB is heavily losing trust and confidence in the largest country of the euro area, namely Germany.”

PAR 08:35 GMT November 11, 2013
Inflation under Draghi
ECB Headquarters: Skyrocketing Costs for Skyscraper Project

Estimated costs for the European Central Bank's new headquarters in Frankfurt have more than doubled. As has been happening with so many major projects in Germany, its construction has been plagued by poor planning, oversight and execution -- and endless delays.

Luxury in an Age of Austerity

Once again, a major German construction project is spinning out of control -- like the new airport in Berlin and Hamburg's Elbphilharmonie concert hall. And, once again, the owner of the property, a public body, is trying to blame the delays and cost overruns on external factors. At last year's topping out ceremony, Jörg Asmussen, a German member of the ECB's executive board, said that general "price increases for building materials and services" were at fault.

PAR 08:25 GMT November 11, 2013
Germany not amused with ECB rate cut . German and Dutch board members voted against . Draghi misusing his powers.

ECB becoming Banca D'Italia.

Hong Kong AceTrader 07:25 GMT November 11, 2013
AceTrader Nov 11 : Daily Outlook on Asian Exotic USD/KRW
11 Nov 2013 05:58GMT

Usd's sharp gap-up open n subsequent rise signals
rise fm Oct's low at 1054.3 remains in force n fur-
ther gain to 1074.0 is seen b4 retreat.

Look to buy on dips as only below sup 1062.5 wud
indicate a temp. top has been made, risk 1058.7.

STRATEGY : Stand aside

RES : 1071.9/1074.0/1077.3

SUP : 1062.5/1058.7/1054.3

Saar KaL 06:58 GMT November 11, 2013
KaL's Trend and Level

Attn EURUSD Traders
if you want to be comfortable trading it this week with out any thoughts or stress
use my offset number
that is all you need to know

Place Buys Only (Bullish week IMO)
use the offset as a diving number to place buys
Long at = anyClose/1.014
Long at 1.3360/1.014
for now
Budget that only 20% of these Orders will be executed
Keep placing these from any close from now till the end of the week... you will realize that trading is easy
Small Lots and many
Exit at anyClose*1.014

GVI Forex Blog 05:49 GMT November 11, 2013 Reply   
Hundreds confirmed fatalities from a violent typhoon that ripped through the Philippines over the weekend, though officials worry the number could reach thousands; Early estimates suggest Philippine G Asian Market Update: China inflation softer than expected but still at 8-month high; Fixed asset investment falls to 3-month lows - Source

GVI Forex Blog 03:48 GMT November 11, 2013 Reply   
Dow (15761.78, +167.80) bounced sharply towards the upper boundary of the 1000 point

Morning Briefing : 11-Nov-2013 -0346 GMT

Hong Kong AceTrader 01:53 GMT November 11, 2013
AceTrader Nov 11 : Dollar rallies after U.S. payrolls beat estimates
Market Review - 09/11/2013 02:13GMT

Dollar rallies after U.S. payrolls beat estimates

Dollar strengthened against other currencies on Friday after the release of stronger-than-expected U.S. non-farm payrolls fuelled renewed speculation the Federal Reserve could soon begin tapering its stimulus program. U.S. non-farm payroll in October came in at 204K, much higher than the economists' forecasts of 125K, previous reading was revised higher to 163K from 148k.

The single currency retreated to 1.3389 ahead of European open due to the downgrade of France sovereign credit rating by S&P, however, price quickly rebounded and ratcheted higher to 1.3432 in European morning. Euro briefly climbed to 1.3438 in New York morning. The pair tanked to session low of 1.3318 after release of stronger-than-expected U.S. jobs report, however, active short-covering above Thursday's 7-week low at 1.3295 lifted the pair in New York afternoon. Euro last traded around 1.3370 near New York close.

S&P lowered France sovereign credit rating to AA from AA+. S&P revised France sovereign credit outlook to stable from negative.

Versus Japanese yen, the greenback traded narrowly in Asian and European morning sessions. Dollar later retreated to 97.97 in New York morning and then jumped to an intra-day high of 99.22 on strong U.S. job data before stabilizing in New York afternoon.

The British pound traded narrowly in Asian session and then fell to 1.6060 in European morning. Cable later tumbled to intra-day low at 1.5957 in New York morning after release of strong U.S. jobs report.

In other news, French President Francois Hollande said economic policy his government is pursuing is the only one that can ensure France's credibility; government will take all necessary saving measures without endanger France's Welfare model; low market interest rates are testament to France's credibility.

On the data front, University of Michigan confidence in November came in at 72.0, weaker than market forecast of 74.5. France industrial production in September came in at -0.5% m/m and -0.9% y/y, versus the expectation of 0.1% and -0.9%, previous reading was revised to 0.7% n -2.0% respectively. France manufacturing production in September came in at -0.7% m/m and -1.3% y/y, stronger economists’ forecast of 0.4% n -1.1%, previous reading is revised to 0.9% and -2.7% respectively.

Data to be released next week :

Japan current account, Economic watch DI, Australia home loans, Italy industrial production on Monday. Financial markets in France, Canada and U.S. will be closed due to public holiday.

Australia NAB business condition, NAB business confidence, Japan tertiary industry index, consumer confidence, machine tools orders, U.K. RICS house prices, CPI, RPI, PPI, ONS house price, Germany CPI, HICP, Italy CPI, HICP, U.S. Chicago Fed index, Redbook retail sales on Tuesday.

Australia Westpac consumer confidence, Japan machinery orders, domestic CGPI, U.K. claimant count, ILO unemployment rate, average earnings 3 months, BoE releases quarterly inflation report, EU industrial production, U.S. Fed budget on Wednesday.

New Zealand business PMI, ANZ consumer confidence, Japan GDP, industrial production, capacity utilisation, France GDP, Germany GDP, France HICP, CPI, Italy GDP, U.K. retail sales, EU GDP, U.S. jobless claims, Canada new housing price index, trade balance, exports, imports on Thursday.

Italy trade balance, current account, EU CPI, U.S. export price index, import price index, Empire State manufacturing, industrial production, capacity utilisation, wholesale inventories, wholesale sales and Canada existing home sales on Friday.


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


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