GVI Forex Jay Meisler 21:58 GMT January 17, 2014
Ireland Upgrade
Reply
MOODY'S UPGRADES IRELAND SOV RATINGS TO BAA3/P-3, OUTLK POS
kw ed 20:17 GMT January 17, 2014
USD/CAD
up hear the reports for u/c is cad is week for oil spread to us oil, reports soft until mid summer,poss av 1.14 to 1.10
GVI Forex Jay Meisler 19:41 GMT January 17, 2014
Global Markets News
JP, that is beyond our current capability but if we build our membership the way I hope we will do, then we will have some influence.
GVI Forex john 19:41 GMT January 17, 2014
Fixed Income Snapshot
Reply
Late in European trade, prices in prime fixed income markets ended mostly higher. the 10-r gilt yield rose following much stronger than expected December U.K. Retail Sales data. Peripheral bond prices were higher. Equity indices are mostly mixed.
KL KL 19:34 GMT January 17, 2014
Long audusd
Reply
taking some position now again .8766....no need to think relentless unforgiving HFT long.....desparate to buy....LOL...DYOR...DFM...DTM and imvho.....
GVI Forex Jay Meisler 18:47 GMT January 17, 2014
Video Update
My closing comment in the video:
... not a day where you see big bets but beware of complacency as this is when you see big moves
Chennai AMI 18:34 GMT January 17, 2014
EUR/USD
Reply
Buy EURUSD
Entry: Target: Stop:
bought 1.3518
Mtl JP 18:32 GMT January 17, 2014
#Your Best Trade for Today
for reference the 2014 high yield ytd is 3.05% (on Jan 2)
-
that 3% barrier needs to break UP and heave higher - maybe on a shift in inflation or expectations
Mtl JP 18:22 GMT January 17, 2014
#Your Best Trade for Today
Sf 15:17 it seems yen is subject to one of two whimsicals:
- BoJ direct intervention , be it jawbone or actual intervention
- relative yields.
Note that Lew's paper yields less again today, down to 2.83%
Mtl JP 17:53 GMT January 17, 2014
FX Arbitrage
arbitraging two brokers still leaves each account distinct and on its own subject to margin
so where exactly is the reward ?
GVI Forex john 17:38 GMT January 17, 2014
#Your Best Trade for Today
#TradeIdeas- Beware of thin markets EURUSD has broken through the the bottom of its recent trading range at 1.3550 (actually 1.3548). The important thing is that the break has been fairly decisive. The 1.3500 level is ow the next most obvious support level. There is no obvious reason for the break other than there MUST have been resting stops around 1.3550 and that it was a vulnerable price to attack.
Syd Sf 17:35 GMT January 17, 2014
Global Markets News
There are some sectors We aw yesterday that offer less value .. But the cheaper money gets who cares lol .. These managers they roll out on tv can't wait to buy the market .. Some stock drops $2 they can't wait to buy it .
Belgrade TD 17:35 GMT January 17, 2014
Daily TA trade
* USD/CHF short ... partial stop was triggered /at BE ... now Im long from 0.91 ... longer time frame
* USD/CAD short ... closed with 30pips minus and Im long from 1.097 ... longer time frame
* AUD/USD ... still in short ...
* nice Wk to all :)
Livingston nh 17:34 GMT January 17, 2014
Global Markets News
in US stox are trading option expiration day - last half hour might be choppy
Syd Sf 17:30 GMT January 17, 2014
Global Markets News
I don't think equity markets are struggling .. Interest rates are contained .. Provides cheap money for stock buys.
China n japan show that they are going nowhere.
Syd Sf 17:27 GMT January 17, 2014
EUR / USD
There seems to be bids and offers every 50 points in it .. So it's down today but I'm sure there will be some reason to,buy it next week.
(Euro)
GVI Forex john 17:19 GMT January 17, 2014
Calendar -- Daily Forex Data
Reply
January 17, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, January 20.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: US- Holiday, CN- GDP
- Far East: CN- GDP.
- Europe: No Major Data.
- North America: US- Holiday.
Mtl JP 17:09 GMT January 17, 2014
EUR / USD
gv chartpoint
Pivot 1.3616
Sup 3 1.3515
but no guarantee
Mtl JP 16:38 GMT January 17, 2014
EUR / USD
sub 100dma euro puppy at risk (opportunity?) to flashcrash to 1.3500ish
ottawa ottawa 15:56 GMT January 17, 2014
EUR / USD
Reply
heavy support for Euro coming up at 1.3550, I am loading the truck.
GVI Forex Jay Meisler 15:50 GMT January 17, 2014
Video Update
Reply
I posted this on GVIForex earlier and offered it here as well. it is worth a viewing.
Daily Video Market Update
Beware of complacent ranges but meanwhile 1.3600 sets tone while within 1.3550-1.3650.
HK RF@ 15:45 GMT January 17, 2014
USD/CAD
Reply
/
On the way to 1.1000 possibly a bit higher in a short squeeze of those who expected a generous correction the last few days.
GVI Forex john 15:35 GMT January 17, 2014
#Your Best Trade for Today
From my fundamental perspective, long GBPJPY makes sense. I the long GBP side of the trade nicely hedges the USD risk. Its up to you to make the critical technicals work. We already are pretty deep into this uptrend. My only concern is that the JPY can have some pretty nasty corrections.
Any contributions??
Syd Sf 15:17 GMT January 17, 2014
#Your Best Trade for Today
John I think gbpyen is a buy
We had 3 closes around 171.30 then yesterday's 170.60
If it closes over 171.50 today think Tokyo will be buying aggressively mon/Tuesday. 173 1st 175 2nd.
GVI Forex john 15:10 GMT January 17, 2014
University of Michigan Survey
U.S. data recently has been sending mixed signals. KEY housing and U of M survey data seem to be indicating that the real-time economy might be flattening out while other recently-released data have been suggesting the economy continues to recover. Recall that Fed policy is very much data-dependent. That will not change when Yellen takes the helm from Bernanke in under two weeks.
Mtl JP 15:07 GMT January 17, 2014
#Your Best Trade for Today
john imo the "Best Trade for Today" is unfortunate
-
technically gbp is still within this week's range
fundamentally IF you looked at gv's calendar, u d note Wednesday's
GB ILO Unemploy 7.40% 7.40%
GB Avg Earn 3myy n/a 0.90%
GB Claimant Count k Nov n/a -36.7
i.e. (un)employment. From there you could speculate about BoE's reaction - rate hike or no rate hike which should feed into gbp's priceaction
HK RF@ 15:05 GMT January 17, 2014
USD
Reply
Not very good news for the USD are not that bad for the USD:)
GVI Forex john 14:59 GMT January 17, 2014
University of Michigan Survey
University of Michigan-Conference Board Sentiment. Preliminary January Michigan Survey. Data subject to revision in about two weeks.
GVI Forex john 14:56 GMT January 17, 2014
University of Michigan Survey
U of M weaker than expected. January data. Worth watch because its very current.
GVI Forex john 14:52 GMT January 17, 2014
#Your Best Trade for Today
#Trading Ideas GBPUSD has held onto its gains since the retail Sales release several hours ago. The GBP rough 100bp jump came on the piece of data, even though questions have been raised about the data. What I have found remarkable is its stability since the data spike.
Any thoughts?
GVI Forex Jay Meisler 14:49 GMT January 17, 2014
FX Arbitrage
Zeus are you saying the correlation has been higher yields => firmer EURUSD?
GVI Forex Jay Meisler 14:48 GMT January 17, 2014
U of M Consumer Sentiment
Reply
U of M consumer sentiment due next - reminder it gets released early to subscribers
USA ZEUS 14:47 GMT January 17, 2014
FX Arbitrage
Different kind of hedging but all types are possible.
USA ZEUS 14:45 GMT January 17, 2014
EUR/USD
In other words they are usually correlated and have diverged nicely for a chance to sell 10 yr notes and buy E/U.
GLGT!
GVI Forex Jay Meisler 14:44 GMT January 17, 2014
FX Arbitrage
Reply
We have two articles on the subject:
Is Automated Arbitrage Possible?
Forex Hedging Using Two Forex Brokers
SEE ARTICLES
USA ZEUS 14:42 GMT January 17, 2014
EUR/USD
For the sale of keeping it simple on a public forum, can use simple spread between the two. 10 yr was rallying the last couple of days...EUR/USD not so much. Since posted 10 yrs have been selling off and EUR/USD remains stable. Let's see...
Cheers!
Mtl JP 14:39 GMT January 17, 2014
EUR/USD
is that
low efficiency / high frequency or
high efficiency / low frequency trade
with the same or two different brokers trying to exploit spread difference between them ?
HK RF@ 14:37 GMT January 17, 2014
NZD most overvalued G10 currency - BTMU
Reply
Derek Halpenny, European Head of Currency Strategy at the Bank of Tokyo Mitsubishi UFJ notes that NZD has topped the list at the most overvalued G10 currency.
USA ZEUS 14:11 GMT January 17, 2014
EUR/USD
Buy the cheap and sell the expensive.
Cheers!
Mtl JP 14:10 GMT January 17, 2014
EUR/USD
exactly how do u propose to arbitrage eurdlr ?
USA ZEUS 14:07 GMT January 17, 2014
EUR/USD
Time for some good old fashioned EUR/USD arbitrage.
Cheers!
Mtl JP 14:06 GMT January 17, 2014
EUR/USD
correction:
Bottom Line: priceaction breakdown of the 100dma should target 1.3500 and lower
Mtl JP 14:05 GMT January 17, 2014
EUR/USD
gv chartpoints:
50 day 1.3620
100 day 1.3559
200 day 1.3346
-
Bottom Line: priceaction breakdown of the 50dma should target 1.3500 and lower
GVI Forex john 13:53 GMT January 17, 2014
U.S. Housing Starts/Permits
JP re: the housing data. I can only look at the same chart you can see. I see starts/permits are about steady from 6 mos ago. We post our OPINIONS to try to stimulate discussion by pointing out things we are seeing. They are not intended to be conclusions.
GVI Forex john 13:48 GMT January 17, 2014
U.K. Retail Sales data strong. U.S. sees active calendar
JP we can agree to disagree. I only highlight data I PERSONALLY feel are important. "High-impact" is a question of the data vs. expectations and the time-frame in which they are viewed. Its not only a 3 minute view.
GVI Forex john 13:38 GMT January 17, 2014
U.S. Housing Starts/Permits
New Homes Starts and Permits fall below the psychological 1.0mln annual rate.
USA ZEUS 13:20 GMT January 17, 2014
EUR/USD
Reply
All in long at 1.3568 stops at 1.3537
HK RF@ 13:03 GMT January 17, 2014
People are tired of apple or a general slowdown?
Reply
Apple�s Latest Foray Into China Gets a Weak Response
Instead of the round-the-block lines that have greeted Apple product introductions in China and other countries in the past, only about a dozen customers showed up to buy iPhones at the opening of a store in Beijing � despite the presence of a special guest, the Apple chief executive, Timothy D. Cook.
LINK
Mtl JP 12:27 GMT January 17, 2014
JPN
lets see...
crappy US new job creation number (officialdom and some pundits dismissed it as an anomaly. just lets not have another such number, ok?)
US CPI came in line w/expectation
Beige Book came in peachy as did Philly Fed
Sum Total: no usd boosting fuel so usdyen zzzz
Bottom Line: we need to see higher than 3% yield on Lew's crap-paper
GVI Forex Jay Meisler 12:26 GMT January 17, 2014
#Your Best Trade for Today
Beware of complacent ranges!
Send me an EMAIL if you like a copy of my daily trading video update for today.
GVI Forex Jay Meisler 11:52 GMT January 17, 2014
Max McKegg's Special Offer
Reply
FX Trading Advice from a Full-Time Pro
A friend and colleague of mine, Max McKegg, is celebrating his 21st year Anniversary as an FX Professional in business on his own. For the past two decades he has been trading and forecasting the FX market & testimony to his success is that he has a global client base ranging from many of the world�s largest Banks to hundreds of small retail traders in more than 30 different countries.
As a celebratory Gift Offer to all Global View members, Max is offering a 1-month FREE Trial of his Full FX Service, followed by a Special Discounted Introductory Subscription price. This Offer is available up until the end of January only.
To accept this Gift Offer, simply email max at: m[email protected] & state that you are a Global View member.
Enjoy your Trial,
Jay Meisler
Syd Sf 11:22 GMT January 17, 2014
GBP/USD
Nikkei CFD already up 85
Syd Sf 11:20 GMT January 17, 2014
GBP/USD
Well Monday/Tuesday I expect we are going to see 105.40 in usd yen ... Gbpyen 175.00 ... Downside move is off the table for me ... Anything 104.00/25 a buy on the day.
Funny how one chart pattern move .. Can twist the market around.
HK RF@ 11:11 GMT January 17, 2014
GBP/USD
Reply
Facing a Res. at present level, but with a possible potential rise to 1.6550, so maybe wait to buy it lower on Ret.(1.6400?) rather than jumping in now.
GVI Forex john 11:05 GMT January 17, 2014
#Your Best Trade for Today
#Trade Ideas GBPUSD 1.6421 back in view. As the retail Sales data might not have been what we first thought. Keep a close eye on how the markets respond.
GVI Forex john 10:47 GMT January 17, 2014
U.K. Retail Sales
Hearing Reuters says this was the first time on line sales were included in the numbers. So the U.K. data presumably were not comparable.
GVI Forex john 10:14 GMT January 17, 2014
#Your Best Trade for Today
sja- do you have any trading parameters. (entry. stop, etc.) you might consider? tia
bali sja 10:02 GMT January 17, 2014
#Your Best Trade for Today
john, i think a close today in the 1.65 region is very possible especially if usd weakens later
bali sja 09:57 GMT January 17, 2014
U.K. Retail Sales
with upside surprises keep coming for UK economy, 1.70 is a done deal, good luck!
GVI Forex john 09:57 GMT January 17, 2014
#Your Best Trade for Today
Reply
#trade Ideas GBPUSD now above the 1.6421 20-day avg. Last 1.6454. If it can hold above this critical region its tone will be positive.
Any thoughts on the GBPUSD?
GVI Forex john 09:49 GMT January 17, 2014
U.K. Retail Sales
U.K. headline retail sales data much stronger than expected in December. UK data returning to an improving path?
bali sja 09:45 GMT January 17, 2014
cable
wonderful call fs!! i am in the same boat withh you, cable will always be a buy for me against usd this year
kl fs 08:08 GMT January 16, 2014
cable: Reply ��
going long 1.6342, stop under 1.6250, target 1.65, 1.67 and 1.70
GVI Forex john 09:36 GMT January 17, 2014
U.K. Retail Sales
Very Strong data GBPUSD higher. First really strong piece of data in a while from the U.K.
GVI Forex john 09:30 GMT January 17, 2014
Fixed Income Snapshot
Reply
Early in European trading hours, prices in prime fixed income markets are higher. The peripheral European bond prices are higher. Far East shatres ended mostly lower. European Equity markets are up.
Amman wfakhoury 07:39 GMT January 17, 2014
Wfakhoury eur/jpy
NY Bob 16:42 GMT 01/16/2014
--------------
It consolidates @ 142.10 with poss to reach 141.68
Syd Sf 07:24 GMT January 17, 2014
JPN
Reply
Japan consumer confidence was around 44 below the 50 level people look at ... Shows they need $yen higher and nikkei higher. ... But today being Friday more looking for position squaring rather then entries.
Hong Kong AceTrader 04:10 GMT January 17, 2014
AceTrader Jan 17: Daily Outlook om Minor USD/CAD
Reply
DAILY USD/CAD OUTLOOK - 1.0934
16 Jan 2014 23:17GMT
Despite usd's retreat fm Wed's 4-yr peak at 1.0992, y'day's bounce fm 1.0905 suggests pullback 'possibly' ended, abv 1.0992 needed to yield 1.1020/30.
Hold long for gain twd 1.0992 n only below 1.0879/80 wud risk stronger retracement twd 1.0843 sup.
STRATEGY : Long at 1.0926
POSITION : Long at 1.0926
OBJECTIVE : 1.0990
STOP-LOSS : 1.0895
RES : 1.0992/1.1032/1.1061
SUP : 1.0905/1.0879/1.0843
Hong Kong AceTrader 02:03 GMT January 17, 2014
AceTrader Jan 17: Dollar falls after lower than Fed's target inflation data
Reply
Market Review - 16/01/2014 22:17GMT
Dollar falls after lower than Fed's target inflation data
The greenback erased early gains and weakened broadly on Thursday after data showed U.S. consumer prices in December remained below the Federal Reserve's 2 percent target, supporting the central bank's pledge to keep rates at a record low.
During the day, although euro briefly dropped to 1.3586 against the dollar at Asian open, price climbed back to 1.3628 ahead of European opening on cross-buying of euro and then fell to 1.3597. The pair edged higher in early European trading as comments by European Central Bank governing council member Jens Weidmann lent support to the pair. Later, euro dropped again ahead of New York open but rebounded strongly from 1.3593 to 1.3649 as data showed U.S. inflation was still below Fed's 2% target.
ECB's Weidmann said on Thursday that 'agree with Draghi that have no reason to foster irrational inflationary fears; deflation risks in euro zone are limited; sees German economic upswing continuing this year and next; light at end of tunnel for most euro zone crisis countries; buying government bonds risks blurring line between monetary fiscal policy.'
U.S. December CPI came in at 0.3% m/m and 1.5% y/y, same as market's expectations.
Versus the Japanese yen, although dollar extended gain above Tuesday's high of 104.70 in to session high at 104.92, cross-buying of yen capped intra-day gain there and price later fell to 104.66 and the further to 104.15 in New York morning after U.S. inflation data.
Cable went trough another day of choppy trading on Thursday as despite falling from Asian high of 1.6375 to a fresh 4-week low of 1.6316 in European morning in part due to cross-selling of sterling, price rebounded to 1.6384 in New York morning on dollar's broad based weakness and then tanked to 1.6322 before trading sideways.
In the commodity currencies, the Australian dollar tumbled to a fresh 3-1/2 year low of 0.8777 on Thursday after data showed that the economy shed 22,600 jobs in December, compared to expectations for new jobs growth of 10,000. A separate report showed Australia's unemployment rate remained unchanged at 5.8%, in line with forecasts.
On the data front, Philadelphia Fed business conditions came in at 9.4 in January versus December 6.4. U.S. NAHB housing market index 56 in January versus revised 57 in December.
In other news, SNB Chairman Thomas Jordan said 'the Swiss National Bank's lid on the Swiss franc will remain at the centre of monetary policy for the foreseeable future, and the value of the safe-haven currency is still high."
Friday will see the release of Japan consumer confidence, U.K. retail sales, U.S. housing starts, building permits, industrial production, capacity utilization and University of Michigan consumer confidence.
Brock Thor 01:39 GMT January 17, 2014
aud/nzd
caba
I'm Long on this pair also.
Sciacca FD 01:24 GMT January 17, 2014
aud/nzd
Been watching this one as well, must say looks tempting for a home run;-) But i will wait for summertime when AUD/USD could be around 0.8200 region and NZD/USD could be around 0.8800 region making AUD/NZD AROUND 0.9300 THAT THAT WOULD BE VERY TEMPTING
bali sja 00:15 GMT January 17, 2014
usd
Reply
usd can only bully cad but no chance against EU cousins, expecting head wind ahead for usd, time to retreat again
We are starting an affiliate program to market some of our products.