GVI Forex Jay Meisler 23:32 GMT May 25, 2014
Agree or Disagree? EURUSD
Needs a correction/consolidation before heading for a new low and 1.35xx or does it continue to ratchet lower?
There has not been a correction since Draghi drove it away from 1.40.
For today upside should be capped until Draghi spoeKS
GVI Forex Jay Meisler 22:55 GMT May 25, 2014
Agree or Disagree USDJPY
Reply
102.50 is more at risk than. 101.50 but needs 102 to become support to confirm? Still an uphill grind.
GVI Forex 21:53 GMT May 25, 2014
Ukraine
Reply
KIEV/DONETSK - Billionaire Petro Poroshenko claimed Ukraine's presidency after exit polls gave him an absolute majority in a first round of voting and, vowing to end a conflict with pro-Russian rebels, he pledged to align his country with Europe... RTRS
dc CB 21:41 GMT May 25, 2014
Happy Notes on Future Trading Ideas from Central Bankers
EUROPEAN GOVERNMENTS MUST RESPOND TO CITIZENS' ANGER: VALLS
FRANCE'S VALLS SAYS 'SITUATION IS GRAVE FOR FRANCE, EUROPE'
DRAGHI SAYS PEOPLE VOTING ACROSS EUROPE ARE CLEARLY DISENGAGED
*SCHAEUBLE SAYS EU VOTE SHOWS 'WE CAN KEEP WORKING' ON EUROPE
*SCHAEUBLE SAYS SUPPORT FOR ANTI-EURO PARTY DIDN'T INCREASE
GVI Forex 19:05 GMT May 25, 2014
Trading Planner
Reply
MONDAY 26 May 2014
UK & U.S
- - Holidays
TUESDAY 27 May 2014
United States:
Durable Goods- Capacity Utilization- Seen higher.
Case Shiller- Old home
prices:
yawn!
Markit Services PMI- Seen steady.
relatively new index.
Conference Board Survey- Short-term
confidence Survey. Seen better
Mtl JP 12:18 GMT May 25, 2014
Happy Notes on Future Trading Ideas from Central Bankers
Reply
What Lurks Beneath? Market Calm Unnerves Central Bankers - bbrg
-
Central banker meddling with massive printing (backstopping earlier bad bank business decisions) is not resolving structural problems nor is it creating financial stability.
I tend to agree with Lena Komileva that “Policy is working too much in the financial economy and less so in the real economy,” and particulalrly with Bean who said conditions were “eerily reminiscent” of the pre-crisis era.
Bottom Line
and a heads up for a whale of Trade Idea from no lesser than Bean himself: “It is inevitable that at some stage, market perceptions of uncertainty will revert to more normal levels,” Bean said. “That is likely to be associated with falls in risky asset prices.”
GVI Forex 11:18 GMT May 25, 2014
Agree or Disagree? EURUSD
Vote therefore means nothing other than making good headlines even if euro skeptics get a decent showing. Worry about it in another 5 years?
Ukraine vote as well but this event risk continues to be a non- vent for markets.
jkt abel 10:50 GMT May 25, 2014
Agree or Disagree? EURUSD
ac, and the next 5 years we go to 1.6 first before talking about 0.85 LoL
We are starting an affiliate program to market some of our products.