GVI Forex john 22:01 GMT June 19, 2014
Calendar -- Daily Forex Data News
June 19, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, June 20.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: EZ- Consumer Confidence, CA- Retail Sales, CPI
- Far East: No Major Data.
- Europe: EZ- Consumer Confidence.
- North America: CA- Retail Sales, CPI. US- Commitment of Traders Report.
GVI Forex john 20:36 GMT June 19, 2014
Weekly Trading Planner
Reply
FRIDAY
20 June 2014
- CA- Retail Sales- dated
but key data
- CA- CPI- BOC
policy metric
�
MONDAY 23 June 2014
- EZ/DE/FR-PMI's
- US- Markit PMI's
- US- Existing Homes Sales- Top Housing metric
TUESDAY 24 June 2014
- DE- IFO Survey- top
German Sentiment index
- US- Case Shiller Home Price Index- Accurate
- US- New Homes Sales-
Housing metric
- US- CB Consumer Confidence- Closely watched
dc CB 20:07 GMT June 19, 2014
Iraq
wmbanzai7
dc CB 19:18 GMT June 19, 2014
Iraq
''''
dc CB 18:57 GMT June 19, 2014
Iraq
so which "advisor to the Student Body President" came up with the numer 300. "Gee wouldn't it be koool"
dc CB 18:51 GMT June 19, 2014
Iraq
Setting the backstop to a failed Gammy Yellen FED.
WAR
300 "Advisors"
" Obama added he would consult with Congress as he goes, but did not indicate he would return for another authorization vote.
House Minority Leader Nancy Pelosi (D-Calif.) said Thursday that she and the other congressional leaders who met with Obama at the White House Wednesday told him that he does not need any additional authority to act if the action is being taken in the interests of national security, and that no one in the meeting raised an objection. According to Pelosi, Obama said his lawyers were studying that question, but that she hoped another vote wouldn�t be required."
dc CB 18:34 GMT June 19, 2014
Inflation
not a bond fund
dc CB 18:32 GMT June 19, 2014
Inflation
Smelling the Fed's BS?
GVI Forex john 18:00 GMT June 19, 2014
Chart Points -- Trading Points
Reply
Heat MAP EUR Crosses & 20day- Moving Averages
Forex market from EUR Perspective.
Has EUR short-covering run its course?
GVI Forex Jay Meisler 17:57 GMT June 19, 2014
Agree or Disagree? EURUSD
Those who watched my video outlook this morning (and those who didn't should have taken me up on my offer), note the magnetic pull of EURUSD 1.36 after failing to reach 1.3650.
But it is gold (+41 =+3.2%) where the action is.
If you are looking for a high quality, regulated spot gold broker offering tight spreads and good executions, send us an EMAIL
GVI Forex john 17:54 GMT June 19, 2014
Iraq
Oil up on OBama. Either way it had to trade higher.
GVI Forex john 17:52 GMT June 19, 2014
Iraq
They used to call it "Mission Creep", sounds to me like Obama is little by little reinserting the U.S. military into Iraq. Numbers are small now but in the end you are either in or out.
PAR 17:52 GMT June 19, 2014
SNB - Negative Rates
Reply
"Swiss National Bank met and left policy unchanged, as expected. SNB head Jordan stated that the bank will continue the current policy for the foreseeable future."
"He also repeated that they do not rule out implementing negative rates, of course, noting that they are closely watching the potential impact of the ECB�s decision, as well as the more complex geopolitical risk outlook. For now, the EUR/CHF floor at 1.20 is not being tested but officials are clearly watching for any impact from the ECB�s recent moves."
Obama 17:40 GMT June 19, 2014
Iraq
Reply
Restarting war in Iraq ?
PAR 17:33 GMT June 19, 2014
Inflation
Gold + 4%
Silver + 4%
It is all noise
GVI Forex john 16:50 GMT June 19, 2014
Inflation
Yellen said yesterday that a "gating" of bond funds would have to be implemented by the SEC, not the Fed. I would never own a bond fund in any case, but this kind of stupid regulation would trigger a run for the doors as soon as investors get wind of it.
Also, why are the unsophisticated buyers of bond funds being singled out? What about the institutional cash bond traders? Shouldn't they be gated as well? What about bond futures and option traders? Makes no sense.
Dumb idea and a wise man counseled me once that dumb ideas collapse of their own weight.
HK RF@ 16:48 GMT June 19, 2014
GS
Probably gold will not stop rising until 1335.
HK RF@ 16:44 GMT June 19, 2014
GS
Reply
I wonder if GS still recommend gold at 1000 at year end.
Or they victimized again their customers:)
dc CB 16:27 GMT June 19, 2014
Inflation
Stated far more simply: the mere prospect of gating creates a self-fulfilling prophecy that results in the very bank run the gate was designed to prevent.
One can be sure that the same Fed, which is proposing "exit fee" gates is quite aware of this paper's conclusions. In fact, one can be certain that the Fed is imposing said gates precisely due to the findings of this paper.
In other words, the Federal Reserve, tasked with preserving financial stability, because not even the Fed pretends to be in the inflation and unemployment dual-mandate business any more - it is all about the "not a bubble" valuation of the S&P 500 - is actively seeking to create a bond run panic!
Is The Fed Trying To Create A "Bond Run" Panic? Yes... In Its Own Words
PAR 16:22 GMT June 19, 2014
Inflation
It is all noise .
GVI Forex john 16:08 GMT June 19, 2014
Calendar -- Daily Forex Data News
Obama scheduled to speak shortly on Iraq. He seems never show up on time. He likes to make his adoring press wait.
GVI Forex Blog 15:53 GMT June 19, 2014
Reply
June 19, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, June 20. Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: EZ- Consumer Confidence, CA- Retail Sales, CPI
GVI Forex Data Outlook for June 20, 2014
GVI Forex john 15:51 GMT June 19, 2014
Calendar -- Daily Forex Data News
Reply
June 19, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, June 20.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: EZ- Consumer Confidence, CA- Retail Sales, CPI
- Far East: No Major Data.
- Europe: EZ- Consumer Confidence.
- North America: CA- Retail Sales, CPI. US- Commitment of Traders Report.
GVI Forex john 15:49 GMT June 19, 2014
Risk On/Off Heat Map
- Markets n the U.S. have moved into a mild risk-off posture
at mid-session following unexpected dovish comments yesterday by fed
Chair Yellen. Political worries remain.
- Yields in prime Eurozone fixed income
markets are lower. Yields on the European periphery are down as well.
- U.K. yields are steady, and with German yields falling, the
GBP SHOULD be better bid than it is.. Many see a +25bp BOE rate hike by
yearend.
- U.S. yields are a touch easier. The
U.S. 10-yr is 2.60%, -1 bp.
- Equities closed mixed in the
Far East. Bourses in Europe are closing higher. U.S. shares are softer.
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).
london red 15:41 GMT June 19, 2014
euro
Reply
repeat what said earlier. if under 10 full reversal poss, if under 13599 then highly likely. dxy is still under 200 day ma, but if euro double tops intraday (currently at neckline) which can quite possibly play out in tandem with dxy back to 200 day with a long tail on daily candle. so for todays euro rally to continue any further losses must be minimal. i would suggest anyone long to keep a stop under 13610.
dc CB 15:29 GMT June 19, 2014
Inflation
the action today is in commods.
Gold playing with 1300, silver over 20, Oil contract rolling with a positive vengence, beef staring at limit up at all time contract highs, grains and soy up.
driving and grilling season are upon us.
and yet Treas are up Yields down.
london red 15:03 GMT June 19, 2014
Agree or Disagree? GBPUSD
john 50% fib of 1.3/2.1 at 17337. thats the one to go for now if we close above the res. but up there will run out of steam for minimum multi day short poss multi week.
GVI Forex Jay Meisler 14:51 GMT June 19, 2014
Agree or Disagree? GBPUSD
Reply
We show major GBPUSD resistance at 1.7043 (Aug 2009 high) has been broken.
I dare not say what lies above as a potential target so will watch 1.7050 now as if it become support, then 1.7200 would come on the radar. Below 1.7050 would put focus on 1.70.
Feel free to post your levels.
dc CB 14:36 GMT June 19, 2014
Inflation
The Fed today in their press conference lost any credibility on a number of issues, and it really goes to show that they have no clue what they are doing at this point. First they called the overheating inflation in the economy Noise, yes you heard right NOISE which is now showing up even in the watered down indexes used to track it by the Fed..........
Then Janet Yellen says she sees no signs of a bubble in equity prices after a 35% appreciation followed by what looks like another 10% plus year of appreciation in the cards for 2014..........
listening to her talk in the press conference I am not even sure she is a qualified economist, moreover it is apparent she has no formal timeline for unwinding, and she cannot even properly understand basic economic relationships that any first year econ major has down after mid-terms!................
Janet Yellen is basically my Grandmother in charge of the Federal Reserve.
The Fed Just Lost Any Shred of Credibility on Inflation
Livingston nh 14:28 GMT June 19, 2014
Risk On/Off Heat Map
John - today's TIPS auction might give a clue as to the level of noise buyers detect -- Fed may have "preferred" ex-everything measure of inflation but TIPS still use CPI (maybe Treasury will dump it like G'span and save some cash)
Yellen's "noise" may be the modern equivalent of G'span's "irrational exuberance"
dc CB 14:19 GMT June 19, 2014
June 2014 U.S. Philly Fed Index
PAR 14:02 GMT June 19, 2014
June 2014 U.S. Philly Fed Index: Reply
Philli Fed . Prices paid 35 .
It is just noise .
Perhaps most worrisome - though we are sure Yellen will dismiss it as "noise", Prices Paid are surging - up most in the last 2 months since June 2009. This is the biggest surge since the Fed started printing money... furthermore, prices received are down notably (ending the margin expansions dream).
+++++++++++++++++++++++++++++++++++++++++++
"apparently the Fed has a market "valuation" department, and Yellen can issue fairness opinions on whether the S&P is overvalued, the only question is whether today, as a follow through to yesterday's "buy everything, preferably on leverage, sincerely - the Fed" ramp, the VIX will drop to single digits today."
ZeroHedge
GVI Forex Jay Meisler 14:10 GMT June 19, 2014
We Need a Freaky Forex Friday
Imagine if Yellen was less dovish or even hawkish yesterday. Then there would have been a reaction to the Philly Fed.
GVI Forex 13:53 GMT June 19, 2014
Agree or Disagree? EURUSD
Definition of 'Permanent Open Market Operations - POMO'
When the Federal Reserve buys or sells securities outright in order to permanently add or drain the reserves available to the U.S. banking system. Such permanent open market operations are the opposite of temporary open market operations, which are used to add or drain reserves available to the banking system on a temporary basis, thereby influencing the federal funds rate. Permanent open market operations are just one of the tools used by the Federal Reserve to implement monetary policy.
(Investopedia)
Bali Sja 13:31 GMT June 19, 2014
Usd
Reply
Yawn...if only people will listen to the crystal ball ;p gbpusd now above 1.70 :) euro not seeing 1.34 :) meanwhile enjoy the world cup...
GVI Forex Jay Meisler 13:26 GMT June 19, 2014
Agree or Disagree? EURUSD
If you would like to see today's forex trading outlook video, send me an EMAIL
I highlight the importance of 1.36 and key trading levels.
GVI Forex Jay Meisler 13:23 GMT June 19, 2014
Agree or Disagree? EURUSD
Philly Fed survey up next and a focus will be on prices paid after Yellen and friends ignored the recent blip up in CPI.
HK RF@ 13:16 GMT June 19, 2014
AUD
Reply
Since April has been rejected several times from 0.9435 vicinity.
Worth a notice.
PAR 12:17 GMT June 19, 2014
We Need a Freaky Forex Friday
Nice article
Germans did exactly that . Weimar Republic revisited.
Remember Weimar , stock market making record after record > Reichmark replaced by chocolat bars.
Took also a few yaers
PAR 12:08 GMT June 19, 2014
IRAQ
Reply
New strategy . Regime change in Iraq . Sounds familiar .
GVI Forex john 12:00 GMT June 19, 2014
Risk On/Off Heat Map
The 10-yr yield is 2.577% from 2.60% level earlier today. Recall 10-yr yields moved back above 2.60% a week or so ago in anticipation of a mildly hawkish Yellen yesterday. Well we did not get it.
Now that the dust has settled on Yellen a bit. The July 2015 FF futures still price on 100% odds on a +25bp FF rate hike by that time.
PAR 11:51 GMT June 19, 2014
Real growth ?
Reply
FXStreet (Ł�dź) - German Finance Minister Wolfgang Sch�uble met with US Treasury Secretary Jack Lew in Berlin on Thursday to speak about the current economic situation and the conflict between Russia and Ukraine.
The German Finance Minister assured that the euro ceased to cause market disquiet but that more investment in infrastructure was still needed and that more efforts to boost growth should be made. He also stressed that G7 should work more on bank regulation.
Jack Lew stated that the US economy is expected to strengthen further in the second part of the year although more actions could be taken to boost growth. He also emphasized the need to stimulate global demand which is lagging behind in his opinion.
Lew added that if Russia continues to destabilize the situation in Ukraine, the international community is ready to react with new sanctions and other measures.
GVI Forex john 11:33 GMT June 19, 2014
Chart Points -- Trading Points
Net short EURUSD futures positions from just over a week ago. We have to assume other traders generally were positioned the same way?
Mtl JP 10:45 GMT June 19, 2014
Global Markets News
but... BUT stocks... they r-aflying
and everyone s feeling rich
London London 10:08 GMT June 19, 2014
Buy signals
Reply
Buy USDJPY
Entry: 101.821 Target: 102.741 Stop: 101.320
New signals on JPY...Visit us.
Posted with permission of global-view.com
Automated trading signals
Mtl JP 09:19 GMT June 19, 2014
Buyer Beware !
Reply
Goldman Wins Dismissal of $450 Million Mortgage-Bond Suit - bbrg
Goldman Sachs Group Inc. (GS) won dismissal of a suit over $450 million in residential mortgage-backed securities, with a New York judge saying that the firms that bought the bonds should have done more research beforehand. ... The plaintiffs said Goldman Sachs didn�t share the files for the loans underlying the securities. Ramos said there were no allegations that that they asked for them and Goldman Sachs denied access.
�It does not matter if the failure to seek this information was because of blind faith in the process of origination and/or securitization, or if it was attributable to the desire to quickly get on board of what the investors thought was a profitable bandwagon,� the judge wrote. �The obligation of a sophisticated investor to inquire cannot be merely excused.� .../..
--
Bottom Line
In case of fraud It Is The Responsibility Of The Buyer.
GVI Forex john 09:14 GMT June 19, 2014
June 2014 Swiss National Bank Decision
The SNB reaffirmed its EURCHF 1.20 forex floor today, saying there is a "danger of greater volatility on the financial and foreign exchange markets."
GVI Forex john 08:44 GMT June 19, 2014
May 2014 UK Retail Sales
U.K. Retail Sales data fall as forecast as Easter data fell out of the report. GBPUSD up.
Melbourne Qindex 08:37 GMT June 19, 2014
EUR/AUD : Critical Point 1.4386
Buy EURAUD
Entry: Target: Stop:
Hong Kong Qindex 08:26 GMT June 16, 2014
EUR/AUD : Critical Point 1.4386 : Reply
Buy EURAUD
Entry: Target: Stop:
EUR/AUD : the following is still vaild. In the meantime the market is going to consolidate within 1.4440 - 1.4518.
==============================================
EUR/AUD : As shown in the monthly congested area the market has a tendency to trade within 1.4384 - 1.5015. It is likely that we have seen the recent low. The short term upside target is 1.4553. On the other hand the market is under pressure when it is below 1.4357 (see the monthly cycle directional indicator)
Qindex.com
EUR/AUD : Monthly Cycle Charts
GVI Forex john 08:28 GMT June 19, 2014
Risk On/Off Heat Map
Reply
- Markets are in a mixed risk
posture early in Europe following dovish comments yesterday by fed
Chair Yellen. Political worries remain.
- Yields in prime Eurozone fixed income
markets lower. Yields on the European periphery are down as well.
- U.K. yields are lower. Many see a +25bp BOE rate hike by
yearend.
- U.S. yields are easier. The
U.S. 10-yr is 2.59%, -1 bp.
- Equities closed mixed in the
Far East. Bourses in Europe are higher. U.S. shares are up slightly.
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).
Tallinn viies 08:25 GMT June 19, 2014
eurusd
Reply
sold euros at 1,3640. stop at 1,3690.
target 1,3555
PAR 08:02 GMT June 19, 2014
usd
Inflation is noise , deflation is reality ? Disney economics imho . Dagobert Ducks running the world central banks .
london red 07:27 GMT June 19, 2014
usd
dxy now done 38.2 of 79/81 rally. a failure to hold this likely nudges euro to 13636/39 with cable dragged along. euro support at 20 and 10. below 10 its possibly it retraces all today gains, below 13599 its a reversal almost certainly. topside res at 36/39, 50 and the 200 day ma
HK RF@ 07:22 GMT June 19, 2014
USD
Currency war? So one may expect negative % from SNB. If no maybe no currency war.
PAR 07:15 GMT June 19, 2014
USD
Reply
Yellen killed any dollar strength. Currency wars are on again .
london red 06:28 GMT June 19, 2014
usd
Reply
dollar index testing 200 day ma
Hong Kong AceTrader 02:12 GMT June 19, 2014
AceTrader Jun 19: Intra-Day Market Moving News & Views & data to be released today
Reply
Intra-Day Market Moving News and Views USD/JPY
19 Jun 2014 01:54GMT
Despite y'day's brief rise to 102.35, the greenback retreated strongly to 101.88 on dlr's broad-based weakness after FOMC rate decision n dovish comments fm Fed Chair Janet Yellen, however, the rally in Nikkei-225 (now rallies by 214 points) limited the pair's downside somewhat. Offers are tipped at 102.10-15 n more at 102.30. On the downside, some bids are located at 101.85-80 n 101.70-60 with stops building up below 101.60.
A Bank of Japan report showed earlier that non-financial companies' holdings of cash and deposits rose 4.1 percent to 232 trillion yen ($2.3 trillion) at the end of March, while they increased borrowing from private banks at the slowest pace since the final quarter of 2012. Households kept more than half of their assets in cash and deposits.
Statement from BOJ board member Morimoto says:-
Japan's economy continues to recover moderately as a trend;
Japan's economy likely to sustain positive cycle of output, income and expenditure;
Effect of BOJ's monetary easing likely to strengthen ahead as inflation expectations heighten;
Creating sustainable fiscal structure a crucial prerequisite to achieve sustained economic growth in Japan;
Overseas economic growth likely to heighten ahead as recovery in advanced economies gradually spreads to emerging nations;
Must watch carefully how risk of prolonged disinflation, developments over ukraine could affect euro zone economies;
Effect of sales tax hike on consumption likely to recede from around summer onward;
Exports likely to rebound, albeit moderately, as overseas growth picks up, though risks of fluctuations exist;
Expect Japan's inflation to gradually accelerate as improvement in corporate revenues leads to rises in jobs, wages, capex.
Data to be released on Thursday:
New Zealand GDP, Japan leading economic index, Switzerland SNB rate decision, U.K. retail sales, CBI trends, U.S. jobless claims, leading index, Philly Fed business index.
KL KL 00:22 GMT June 19, 2014
SELL AUDUSD!!! Sell
Reply
...and audusd...too..sold .9408...the usual DFM..DYOR..imvho and LOL........
busy busy...selling aussie index and stock pop too...last post while also watching world cup.....LOL
KL KL 00:13 GMT June 19, 2014
SELL gbpusd...Sell
Reply
Top of the morning..... flip coin and decide to do Forex instead of sell gold......LOL.....and relentless too..... DYOR...DFM....imvho and gl gt....
Sold GPBUSD 1.701..... add...higher and hope to cover here in a few seconds...minutes...hours...days.....surely not months.....LOL
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