bali sja 23:19 GMT May 27, 2014
Agree or Disagree? EURUSD
sja is the invisible hand holding euro ;) ascension day means euro will ascend high as well
GVI Forex john 22:17 GMT May 27, 2014
Calendar -- Daily Forex Data
Reply
May 27, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, May 28.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: DE- Employment, 5-yr Auction
- Far East: No Major Data.
- Europe: DE- Employment, GB- Distributive Trades Index.
- North America: US- Weekly Mortgages, 5-yr Auction, API Energy.
GVI Forex john 21:35 GMT May 27, 2014
Weekly Trading Planner
Reply
WEDNESDAY 28 May 2014
Germany
Employment- Key economic measure.
Seen stronger
United States-
5-yr Auction- Usually not a market
mover.
THURSDAY 29 May 2014
Eurozone
Holiday
United States
GDP- Revisions to 1Q14 GDP will be closely-watched
Weekly Jobless Claims- Markets always watch claims.
Pending Homes Sales- Good predictor of Existing Homes
Canada- GDP- Often not a Market-mover
FRIDAY 30 May 2014
Japan-
CPI - The BOJ wants to extricate Japan from deflation. Core CPI
seen 3.60% (subtract -2.70% for sales tax hike.).
Germany;
Retail Sales-� Key for
Germany since its recent economic strength has been consumer-led. Very
unusual.
United States-
University of Michigan Survey. Closely watched
GVI Forex Jay Meisler 21:34 GMT May 27, 2014
Agree or Disagree? EURUSD
It is Ascension Day on Thursday and most European countries are closed. This means long weekends for many and along with a Friday month end it will be a thin end to the week.
Factor this into your trading as market will likely be defensive the next few days while hopefully turning offensive next week.
Right now it is the invisible hand vs. the world in the EURUSD.
Cambridge Joe 21:08 GMT May 27, 2014
Who's buying stox
CB interesting. Of course it works and will continue to work while everyone agrees that the Emperor's clothes are of the finest quality !
Here there is an operation that goes by the name of 'the Co-operative'. It was a society formed (maybe 150 years )to help working people to buy basics at a survivable price. They would otherwise have to buy that which was needful from the company owned stores.... you know how it goes... St. Peter don't ya call me 'cause I can't go, I owe my soul to the company store...
Now.... the Co-operative have had a day of reckoning ! Their ill fated foray into the world of finance/banking has given rise to losses measured in billions ! So now, they are selling farms and other non-essentials... that is... er... non-essential to a major food retailer...
You couldn't make it up.... why no-one gets dragged out and put up against a wall... who knows, I don't.
NY JM 20:47 GMT May 27, 2014
Who's buying stox
CB that is quite the story but does anyone care?
dc CB 19:59 GMT May 27, 2014
Who's buying stox
Reply
According to the most recent CapitalIQ data, the single biggest buyer of stocks in the first quarter were none other than the companies of the S&P500 itself, which cumulatively repurchased a whopping $160 billion of their own stock in the first quarter!
...............if the corner office knows sales and Net Income (not EPS) will be weak in the quarter, they will tell their favorite broker to purchase $X billion of their shares with no regard for price: the only prerogative is to reduce the amount of shares outstanding and make the S in EPS lower, thus boosting the overall fraction in order to beat estimates for one more quarter.
Here Is The Mystery, And Completely Indiscriminate, Buyer Of Stocks In The First Quarter
GVI Forex john 19:31 GMT May 27, 2014
Risk On/Off Heat Map
Yes I recall. This is exactly why I did not recommend buying so late in the move. This market does not like to give a lot, but as a general rule I do no trade against a trend. For me sometimes its better to sit on my hands.
Sanibel Is. Fl Sir Ignore 19:27 GMT May 27, 2014
Agree or Disagree? EURUSD
yep�invisible hand stopped my trade right after I moved stop..
so not too bad�.size important�
GVI Forex john 19:04 GMT May 27, 2014
Risk On/Off Heat Map
i wonder if some had bought USDJPY on the higher S&P, but then took profits after the S&P stabilized for several hours?
Mtl JP 19:03 GMT May 27, 2014
EU Fallout
Obama announces troop cuts in Afghanistan
Obama: U.S. troops to assume advisory role in 2015
Obama: Will end Afghanistan war this year
-
Where off to Next ?
GVI Forex john 19:02 GMT May 27, 2014
Risk On/Off Heat Map
Yes true. It looks like the S&P followed the lead of USDJPY. fwiw the closing record high in S&P wes 1900 and change/ Last 1910.01
Mtl JP 18:58 GMT May 27, 2014
Risk On/Off Heat Map
john not that it matters now but usdyen moved down from 102.05 timewise way before SnP did, and it did it much more smoothly as well
GVI Forex john 18:54 GMT May 27, 2014
Risk On/Off Heat Map
now 2.516% as S&P slides modestly. Lower S&P weighing modestly on USDJPY. Yes, the correlation trade continues to work/
Mtl JP 18:40 GMT May 27, 2014
Agree or Disagree? EURUSD
it is a nuts day when it is exciting to see a 15 pip move
like that one downward in usdyen for ex, lol
GVI Forex Jay Meisler 18:32 GMT May 27, 2014
Agree or Disagree? EURUSD
Looks like the invisible hand showed up around 1.3613, perhaps to defend 1.36
Maybe dip in US bond yields limiting dollar upside? Good alert by John on this
Sanibel Is. Fl Sir Ignore 18:27 GMT May 27, 2014
Agree or Disagree? EURUSD
re trade: 3638 short partial closed 3618..remainder now stop placed at 3630
current 3624..
one pip at a time...
Livingston nh 18:14 GMT May 27, 2014
EU Fallout
Reply
The first casualty of the EU election was the Labour Leader in Ireland - junior partner in the coalition will now elect new leader who may move the Party out of Gov't // Kenny still committed to austerity plan and Labour paid the price w/ its constituents
Greece is where the real money problem can arise
Britain has a minor league version of the shaky junior partner in coalition -- 4 party politics is untenable
GVI Forex john 18:07 GMT May 27, 2014
Risk On/Off Heat Map
Yield on 10-yr slipping slightly
2.525% -2.50% from Friday. funny stocks seem to be holding steady and have been up on the day???
GVIForex Jay Meisler 17:20 GMT May 27, 2014
Agree or Disagree? GBPUSD
Reply
1.6729 is a level, which if firmly broken, would confirm a downtrend and target 1.6658 = 100 day mva
Otherwise, 1.68 sets its tone.
Agree?
Sanibel Is. Fl Sir Ignore 17:17 GMT May 27, 2014
Agree or Disagree? EURUSD
thank you Jay..watching weekly. daily, 4 hr..the trend is down now�so going with the trend..
and I see sub 3600..and 3526 possible..
which is 144 from mid 1 hr tunnel..
gl gt
GVIForex Jay Meisler 17:04 GMT May 27, 2014
Agree or Disagree? EURUSD
Sanibel, nice trading again. Seems more trying to counterpunch the trend than go with it.
Interesting to see GBP underperformed and gold got slammed while equities remain in happy land.
It will be hard for EURUSD to close the week above 1.3650, question is whether it closes below 1.36.
Agree of disagree?
GVI Forex john 17:03 GMT May 27, 2014
Risk On/Off Heat Map
2-yr 0.392%
bid-to-cover: 3.52 vs. 3.35
wi beforehand was 0.388
GVIForex Jay Meisler 16:29 GMT May 27, 2014
Agree or Disagree USDJPY
This post turned out to be a good one (see below) and now 102.00-50 includes 102.22 = 50 day mva and 102.47 = 100 day mva. Sensitive to stocks as usual and 102 will set its done as long as within 101.50-102.50 but good chance its low is in. Agree or disagree?
GVIForex Jay Meisler 15:28 GMT May 23, 2014
Agree or Disagree USDJPY: Reply
USDJPY has seen its low after failing to test 100.73
Mtl JP 16:03 GMT May 27, 2014
Risk On/Off Heat Map
Is the fate of the stock market in the IRS�s hands?
Why your investments depend on M&A
Who�s going to sink the stock rally?
A lot of people assume it will be Federal Reserve Chairwoman Janet Yellen who sooner or later will start to raise the cost of borrowing. But equally important could be Treasury Secretary Jack Lew.
Why?
SaaR KaL 15:43 GMT May 27, 2014
Day's Trades
AAPL
These Levels
are just about to crash IMO
420 expected
GVI Forex john 15:29 GMT May 27, 2014
Risk On/Off Heat Map
- Late in Europe, yields in prime fixed income markets are
generally lower and thus in risk-off posture ahead of the ECB in
just over a week.
Yields on bonds on the periphery of the Eurozone are mostly lower.
- Equities mostly fell in the Far East earlier today.
European bourses are ending higher. U.S. equities are higher.
- The U.S. 10-yr is 2.54%, -1bp from Friday.
The heat map color scheme
of interest rates reflects yields. This aligns all the colors in the
chart to reflect risk-on (green) and risk-off(red).
Dillon AL 15:23 GMT May 27, 2014
EURO
28 heads of state and government of the European Council could still propose its own name over any proposed by the EU MEPs. Merkel is said to not necessarily favor Junker so it seems once again it's not a democratic decision
PAR 15:14 GMT May 27, 2014
EURO
Reply
Rifts Emerge Over Who Will Lead EU Executive
The European Parliament and national leaders are at loggerheads over the future European Commission president.
HK RF@ 14:57 GMT May 27, 2014
Good for the Euro?
Reply
Russia's FSB denies reports of armed Russians crossing into Ukraine, per Interfax - @KiritRadia
Dillon AL 14:55 GMT May 27, 2014
Agree or Disagree? EURUSD
JP suggest you search the GVI archives ----> for some of my comments going back over a year about tgts on UsdJpy but they are all long term out 2 years
GVI Forex john 14:52 GMT May 27, 2014
Agree or Disagree? EURUSD
If equities continue higher USDJPY will continue to advance. Problem is S&P has already moved. I don't like jumping in late in a move OR fighting momentum.
Dillon AL 14:42 GMT May 27, 2014
Agree or Disagree? EURUSD
Dillon AL 21:35 GMT May 12, 2014
The Markets are Not Rigged (Mary Jo White under oath): Reply
There is a small possibility of 2135ish being the S&P500 tgt
from which a re-test of prior all time high at 1580 would then be expected. Time frame this year followed by 2+ year pullback
GVI Forex john 14:39 GMT May 27, 2014
Agree or Disagree? EURUSD
fwiw S&P made an all-time intra-day record high a short-time ago. 1910+
SaaR KaL 14:33 GMT May 27, 2014
Day's Trades
NDX
Date Avg Max Min
May/27/14 3,687.34940 3,724.31923 3,651.46414
May/28/14 3,678.98227 3,715.93059 3,643.13266
GVI Forex Blog 14:32 GMT May 27, 2014
Reply
May 27, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, May 28. Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: DE- Emmployment, 5-yr Auction
GVI Forex Data Outlook for April 10, 2014
GVI Forex john 14:30 GMT May 27, 2014
Calendar -- Daily Forex Data
Reply
May 27, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, May 28.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: DE- Employment, 5-yr Auction
- Far East: No Major Data.
- Europe: DE- Employment, GB- Distributive Trades Index.
- North America: US- Weekly Mortgages, 5-yr Auction, API Energy.
SaaR KaL 14:04 GMT May 27, 2014
Day's Trades
NZDUSD
Date Avg Max Min
May/27/14 0.85613 0.86075 0.85147
May/28/14 0.85911 0.86376 0.85448
SaaR KaL 14:00 GMT May 27, 2014
Day's Trades
Few Longs cable
and some shorts USDCHF
uk rg 13:39 GMT May 27, 2014
gbp/usd
Reply
GBPUSD
Entry: Target: Stop:
8 hr candle today was ouside day
GVI Forex john 13:03 GMT May 27, 2014
Agree or Disagree? EURUSD
When markets move for "non-economic" reasons. I'm sure this was not even considered in Washington. This bunch has a very slow learning curve.
Gemma Godfrey @GCGodfrey 2h
Strong �, Drunk on Vodka. Draghi estimates $200bn of capital has flooded into Europe from Russia this yr
Mtl JP 12:55 GMT May 27, 2014
Agree or Disagree? EURUSD
righteous morally right or justifiable (merriam-webster)
-
z' nuffin morally right or justifiable about money
money is a whore business
Amman wfakhoury 12:31 GMT May 27, 2014
EURUSD 13630 confirmed
Amman wfakhoury 10:36 GMT 05/27/2014
13630 confirmed will be reached any rise above 13650 will return to it if 13630 did not reach.
----------------------
13630 reached
The only one in the world who confirms the next level
Sanibel Is. Fl Sir Ignore 12:20 GMT May 27, 2014
Agree or Disagree? EURUSD
3638 short with 3650 stop seems righteous..
entered�
Mtl JP 12:14 GMT May 27, 2014
Agree or Disagree? EURUSD
john 11:51 - so.... are we buying or selling the eurdlr pup this am ?
-
note : 10 and 20dma (or 9 and 21) still signal a sell, as do two other traditional tech studies
GVI Forex john 11:40 GMT May 27, 2014
Agree or Disagree? EURUSD
Tweet
Gemma Godfrey @GCGodfrey 2h
Strong �, Drunk on Vodka. Draghi estimates $200bn of capital has flooded into Europe from Russia this yr
GVI Forex Jay Meisler 11:37 GMT May 27, 2014
Agree or Disagree? EURUSD
5/27/2014 7:33:41 AM
(DE) German Fin Min Schaeuble: Would be dangerous to think we are out of the woods
- Europe must not hide behind monetary policy
- Rejects claim that euro is too strong.
- Source TradeTheNews.com
London 11:36 GMT May 27, 2014
Silver Signal
Reply
Sell OTHER
Entry: Target: Stop:
Silver declined during the European morning Tuesday, to hit the support barrier of 19.23 (S1). The white metal seems to be trading within a sideways range between that support and the resistance of 19.50 (R1). A clear break below the 19.23 (S1) support level could trigger further bearish extensions and target the barrier of 19.00 (S2). The MACD lies below both its trigger and zero lines, confirming today�s bearish momentum. I would ignore the oversold reading of the RSI, since the indicator is still pointing down and it may stay within the extreme territory for an extended period of time.
Posted with permission of global-view.com
Autotrade forex signals
GVIForex Jay Meisler 11:35 GMT May 27, 2014
Agree or Disagree? EURUSD
EURUSD would need to break 1.3668 (intra-day high) for more stops. Otherwise, it consolidates with a reversion to mean being the 200 day mva (1.3642) and tone set by 1.3650 as long as it says within 1.36-1.37.
Suggest reading my article, Don't leave Yourself at the Mercy of the Forex Market as it is a must read for this type of week.
Mtl JP 11:23 GMT May 27, 2014
Don't Leave Yourself at the Mercy of the Forex Market
dc CB 11:13 it is the cynical triumphalism that comes across from the last sentence ("Well of course....") is what makes reading the piece as useless and wasteful as slapping one-eyed trouser snake
dc CB 11:13 GMT May 27, 2014
Don't Leave Yourself at the Mercy of the Forex Market
The melt up is accelerating and with the momentum tailwind back, newsflow is once again irrelevant: any news that is even remotely good is trumpeted, and any bad news - such as Europe's right storm rising in the northern states, and left storm surge in the states that demand more handouts from the northern states or China sinking a Vietnamese boat, the most serious bilateral incident since 2007 - are once again (and as usual) nothing more than a catalyst for hope for even more liquidity injections. End result: the S&P futures this morning are 5 points above Goldman's year end target of 1900 and 45 points away from its June 30, 2015 target. Can this breakneck scramble on zero volume continue until Grantham's bubble peak level of 2,200 is hit? Well of course: after all anything goes in the centrally-planned new normal.
Equity Melt Up Accelerates; Bonds Also Bid
manila tom 11:02 GMT May 27, 2014
sell usdcad
mission accomplished, enjoy!
manila tom 04:58 GMT May 26, 2014
sell usdcad: Reply ��
this is a scalp trade: short 1.0867, target 1.0835 stop 1.0891
SaaR KaL 10:48 GMT May 27, 2014
Day's Trades
CB
No comments about the Loonies bro
dc CB 10:46 GMT May 27, 2014
Day's Trades
do you confirm?
Likey dat guy who's de only one in da world dat do the confirmin'
nice pickie...glasses
jus' askin'
GV jokie? no?
Amman wfakhoury 10:36 GMT May 27, 2014
EURUSD 13630 confirmed
Reply
13630 confirmed will be reached any rise above 13650 will return to it if 13630 did not reach.
The only one in the world who confirms the next level
SaaR KaL 10:30 GMT May 27, 2014
Day's Trades
GBPAUD
Shorts Later
Date Avg Max Min
May/27/14 1.82066 1.83241 1.80874
May/28/14 1.81889 1.83079 1.80684
SaaR KaL 10:19 GMT May 27, 2014
Day's Trades
GBPCHF
Date Avg Max Min
May/27/14 1.50773 1.51414 1.50140
May/28/14 1.50791 1.51435 1.50159
SaaR KaL 10:16 GMT May 27, 2014
Day's Trades
gbpcad
Date Avg Max Min
May/27/14 1.82962 1.84062 1.81847
May/28/14 1.83355 1.84460 1.82237
PAR 10:12 GMT May 27, 2014
Low interest rates
Reply
Demand for the latest government bond issued by Belgium was ZERO .
After accumulating over $ 300 billions of Us treasuries Belgium is unable to sell its own treasuries at current low yields .
SaaR KaL 10:04 GMT May 27, 2014
Day's Trades
usdjpy
Date Avg Max Min
May/27/14 101.83169 102.20549 101.45484
May/28/14 101.61431 101.98762 101.23733
GVI Forex Jay Meisler 09:57 GMT May 27, 2014
Agree or Disagree? EURUSD
This sums up a holding pattern week awaiting key events next week.
The early part of this week will see European markets digest the results of the EU parliamentary elections. The results are not expected to substantially alter expectations that the ECB will loosen monetary policy at its June meeting. Moreover, there is little in the euro area calendar today or indeed the rest of the week that is likely to impact on such expectations. Instead, markets will be looking to preliminary May inflation readings next week, ahead of the ECB policy meeting.
From Lloyds a Bank Daily Economic Outlook
SaaR KaL 09:53 GMT May 27, 2014
Day's Trades
AUDUSD
Date Avg Max Min
May/27/14 0.92599 0.93178 0.92027
May/28/14 0.92946 0.93535 0.92367
don let him fool you
SaaR KaL 09:50 GMT May 27, 2014
Day's Trades
gbpnzd
Date Avg Max Min
May/27/14 1.96914 1.97872 1.95959
May/28/14 1.96742 1.97704 1.95788
SaaR KaL 09:40 GMT May 27, 2014
Day's Trades
USDCAD
Not today to long
Date Avg Max Min
May/27/14 1.08490 1.08956 1.08024
May/28/14 1.08414 1.08878 1.07949
SaaR KaL 09:36 GMT May 27, 2014
Day's Trades
gold
Date Avg Max Min
May/27/14 1,289.20620 1,302.76033 1,275.50155
May/28/14 1,284.88560 1,298.52792 1,271.10216
silver
Date Avg Max Min
May/27/14 19.34998 19.70278 19.01242
May/28/14 19.26518 19.61840 18.92760
just not today to short
SaaR KaL 09:33 GMT May 27, 2014
Day's Trades
usdchf
Date Avg Max Min
May/27/14 0.89398 0.89719 0.89083
May/28/14 0.89147 0.89466 0.88835
SaaR KaL 09:26 GMT May 27, 2014
Day's Trades
EURJPY
Date Avg Max Min
May/27/14 139.13644 139.73337 138.51580
May/28/14 139.37670 139.97407 138.75159
GBPJPY
Date Avg Max Min
May/27/14 171.74249 172.42314 171.05260
May/28/14 171.86768 172.55342 171.17637
might surprise you
GVI Forex john 09:22 GMT May 27, 2014
Weekly Trading Planner
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.
GVI Forex john 09:18 GMT May 27, 2014
Risk On/Off Heat Map
Reply
- Financial markets should quickly return to normal today
with London and New York back from Monday holidays and Mario Draghi
sending dovish signals yesterday for the ECB meeting next week.
- Early in Europe, yields in prime fixed income markets are
generally lower
after the weekend parliamentary elections
appeared to be a vote in favor of economic stimulus.
Yields on bonds on the periphery of the Eurozone are lower.
- Equities mostly fell in the Far East earlier.
European bourses are mixed. U.S. equity futures are higher.
- The U.S. 10-yr is 2.55%, +2bp from Friday.
The heat map color scheme
of interest rates reflects yields. This aligns all the colors in the
chart to reflect risk-on (green) and risk-off(red).
SaaR KaL 09:16 GMT May 27, 2014
Day's Trades
Reply
EURUSD
Date Avg Max Min
May/27/14 1.36622 1.37057 1.36179
May/28/14 1.37162 1.37599 1.36718
cable
Date Avg Max Min
May/27/14 1.68650 1.69182 1.68111
May/28/14 1.69162 1.69696 1.68621
IMO
If you are short
get out and wait for another 20 hrs
SaaR KaL 09:10 GMT May 27, 2014
EUR/USD Short Squeeze
i doubt we see less then
eurusd today
Max Min
1.37057 1.36179
dc CB 06:19 GMT May 27, 2014
WTF
Ya
din't
double punch
woooo woooo wooo
connnnn spiracy
connncsiracty
DUDE
dc CB 06:17 GMT May 27, 2014
WTF
PS
if it's on PBS
Ya
dc CB 06:17 GMT May 27, 2014
WTF
PS
if it's on PBS
Ya
dc CB 05:43 GMT May 27, 2014
EUR/USD Short Squeeze
so off topic
but a good read
http://www.goodreads.com/book/show/1793789.Finding_Atlantis
another who was convinced he was right.
" the Swedes were still preparing for the attack.............It was an ambarassing performance........the admiral....it turned out, he ahd never been to sea."
The commander of this ship, too, seems to have known frighteningly little of navel warefare" He cannot even differentiate the forecastle and the poop"
........bewlderment at what happened next to Sweden's most freared warship....
pretty good read
Finding Atlantis: A True Story of Genius, Madness, and an Extraordinary Quest for a Lost World
USA ZEUS 05:18 GMT May 27, 2014
EUR/USD Short Squeeze
USA ZEUS 02:26 GMT May 26, 2014
Weak hands about to experience the mother of all short squeezes after the most visible levels and indicators confirmed the obvious....Good luck out there!
________________________________________________________
Take gains at your leisure.
Cheers!
dc CB 03:08 GMT May 27, 2014
Agree or Disagree? EURUSD
food for the Zeuster's call
as we get near the Summer for all...Europe and USA, the tendancy has been to Unwind...AKA...Take dem profits and hit the beach, the yacht on the Med ...what ever.
lookie here who just got Longer
COT EC futures
dc CB 02:37 GMT May 27, 2014
Bitcoin Bots and Ponzi?
Reply
It needs to be recognized that, whether intentional or not (though plausible ignorance only goes so far), Mt. Gox has effectively been abusing Bitcoin to operate a Ponzi scheme for at least a year. The November �bubble� well into the $1000?s � and possibly April�s as well � was driven by hundreds of millions of dollars of fake liquidity pumped into the market out of thin air (note that this is equivalent to �with depositors� money�). It is only natural that the Bitcoin price would deflate for around 5 months since its December peak, since there was never enough fiat coming in to support these kind of prices in the first place.
How Bots Manipulated The Price Of Bitcoin Through "Massive Fraudulent Trading Activity" At MtGox
Hong Kong AceTrader 02:23 GMT May 27, 2014
AceTrader May 27: Intra-Day Market Moving News and Views USD/JPY NZD/USD
Reply
Intra-Day Market Moving News and Views
27 May 2014 01:56GMT
USD/JPY- 101.93
Despite yesterday's initial gain to 102.05 on improved risk appetite due to the rise in Nikkei-225 index, the greenback retreated to 101.84 in thin trading conditions as U.K. n U.S. were closed on Monday.
Bids are now located at 101.80-75 and more at 101.65-60 with stops only seen below 101.60.
On the upside, offers are now tipped at 102.05-15 and more at 102.30-35.
A piece of yesterday's news worth mentioning again, Bank of Japan Deputy Governor Kikuo Iwata said in a speech in Tokyo on Monday that an economy "with low real growth rates under mild inflation" is possible.
U.S. will release its durable goods orders, house price purchase index, Markit US services PMI n consumer confidence data at 12:30GMT, 13:00GMT, 13:45GMT n 14:00GMT respectively.
27 May 2014 00:06GMT
NZD/USD - 0.8564
New Zealand Institute of Economic Research (NZIER) says slumping house sales 'significant risk' to outlook; sees economy expanding 3.5% in 2014; says RBNZ may pause rate hikes after June if growth slows.
GVI Forex Jay Meisler 00:43 GMT May 27, 2014
Agree or Disagree? EURUSD
I posted this Monday on GVIForex
Monday's Tradibng Outlook
GVIForex Jay Meisler 14:25 GMT 05/26/2014 - My Profile
EURUSD: Current risks
if 1.3656 breaks => then 1.3688 (1 & 4 hour res) at risk (using 1.3734-1.3614, 1.3660 = 38.2%, 1.3674 = 50%, 1.3688 = 61.8%)
if 1.3614 breaks, then risk to 1.3600 (rumored bids) => 1.3559-62 (next target)
We wil find out how much of the recent fall had to do with ECB and how much to do with EZ elections although the latter was never seen as a game changer risk. Market has not had a real correction since it started to fall, much depends on whether stops are resting above the market.
Reply
Sanibel Is. Fl Sir Ignore 00:29 GMT May 27, 2014
Euro
Reply
gt gl this week to everyone..
seems Euro drifting north but if reached 3695 there will be too much heavy lifting and in my view now current 3656 up to 3695 are good for short and 3578/3600 tp..
no entry yet..
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