dc CB 21:40 GMT February 21, 2016
Oil, Banks, the Dallas Fed
Reply
zerohedge @zerohedge
Rumor Houston office of Dallas Fed met with banks, told them not to force energy bankruptcies; demand asset sales instead
3:43 PM - 11 Jan 2016
Dallas Fed
✔
@DallasFed
No truth to this @zerohedge story. The Dallas Fed does not issue such guidance to banks. https://twitter.com/zerohedge/status/688441021986959361 �
12:07 PM - 18 Jan 2016
Well Techically It Didn't
the Fed used a neat loophole. the explicit guidance actually came from the Office of the Currency Comptroller, the regulator operating under the US Treasury umbrella
It Was True After All: The Government Is "Breathing Down The Neck Of Banks To Limit Their Energy Exposure"
london red 21:09 GMT February 21, 2016
Brexit Referendum and its Impact on Sterling
gbp weakness vs euro and usd. so eurgbp up. eurusd likely dragged up during day then they run it down later in week maybe same day.
i like the mail headline
"Im out, Boris. LOL"
nice.
Mtl JP 20:50 GMT February 21, 2016
Brexit Referendum and its Impact on Sterling
red it is "bad news for ... gbp nearterm"
does it mean lower gbp vs the dlr and/or the euro ?
u do not mean subjectively just relatively numerically lower ya ?
london red 20:47 GMT February 21, 2016
Brexit Referendum and its Impact on Sterling
tomorrow eurgbp will drag higher the euro. but then they will sell the euro off as they realise a uk-less eu makes for a weaker eu and that will be reflected in part by the euro.
a better explaination. turnover in fx is getting lower all the time. they need high volatility to keep up profits. why just take euro down when you can take it up first then down.
dc CB 20:32 GMT February 21, 2016
Fun with Covers
Donald Trump interviewed on the sunday talk show - This Week with George Stephanopoulos
TRUMP
But let me tell you about "The Wall Street Journal." I have no respect whatsoever for "The Wall Street Journal."
I don't even want to read it very much anymore. They're so wrong.
I don�t care what "The Wall Street Journal" says, what they say doesn�t -- and, in fact, if anything, I would do the opposite because then it'll turn out to be more correct.
london red 20:32 GMT February 21, 2016
Brexit Referendum and its Impact on Sterling
boris, the london major, backing brexit is a game changer although maybe a forced hand. cameron is stepping down at the end of this term and its either him or osbourne to take over as top man. it may be a calculated risk by sitting on the other side of the fence to osbourne. boris is known to be more for returning powers to the uk while osbourne more of a europhile. uk staying in the eu probably means osbourne taking over after some scuffling. if theres a brexit, cameron will have to fall on his sword and then the "winner" boris (vs the eu backing osbourne) will be favourite to take over as tory mp's are going to be want to be seen backing the horse that won the last race.
either way, its bad news for the stay camp and for gbp nearterm.
Sydney ACC 19:40 GMT February 21, 2016
Brexit Referendum and its Impact on Sterling
In a move that will electrify the referendum campaign, Mr Johnson decided to back a �Brexit� despite personal appeals from Mr Cameron to support his position.
Mr Johnson said that he had decided to act because the European "political project" was "in danger of getting out of proper democratic control".
Link
Mtl JP 18:49 GMT February 21, 2016
Brexit Referendum and its Impact on Sterling
There are bound to be some price gaps at market open
Statistic: 02/19/2016 - 02/19/2016
Results EUR/USD Close GBP/USD Close EUR/GBP Close
Average 1.1126 1.4359 0.7748
gv forex database
early indications:
http://www.global-view.com/forex-trading-tools/gviq.html
EUR / USD : 1.1127
GBP / USD : 1.4248
Mtl JP 18:30 GMT February 21, 2016
Brexit Referendum and its Impact on Sterling
Good or Bad man Boris ?
takes away a trade opp right at market open
Boris Johnson backs LEAVE campaign
Boris Johnson has joined the campaign to leave the European Union, putting himself at loggerheads with David Cameron and George Osborne.
The Mayor of London emailed the Prime Minister yesterday to inform him of his decision but he only confirmed by text message just nine minutes before his public statement today.
http://www.telegraph.co.uk/news/newstopics/eureferendum/12166968/eu-referendum-david-cameron-boris-johnson-live.html
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that much for trading the news - or
maybe just as well Boris doing a favor
Mtl JP 16:38 GMT February 21, 2016
Brexit Referendum and its Impact on Sterling
nw kw 16:14 - Boris, according to link in my 15:16, will declare himself +/- right on market open at 22:00gmt. Personally I think he ll come out against .
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Bottom Line
drop like rock
caveat applies
SaaR KaL 15:41 GMT February 21, 2016
1-2 weeks
GBPUSD 1.4448 1.4080
AUDUSD 0.7228 0.7001
EURUSD 1.1419 1.0953
for the coming week in general
SaaR KaL 15:35 GMT February 21, 2016
1-2 weeks
Reply
AUDUSD and Cable starting to short this week
Placed these orders
Target 2 days to a week pos
Shorts
NAS100 4,170.00
GBP/JPY 162.281
EUR/JPY 125.387
USD/JPY 112.713
AUD/JPY 80.53
NZD/JPY 74.7
GBP/USD 1.4419
GBP/CHF 1.42752
USD/CHF 0.99365
AUD/USD 0.71701
Longs
EUR/CAD 1.53118
EUR/GBP 0.77198
EUR/AUD 1.55496
XAU/USD 1,223.00
XAG/USD 15.3
USD/CAD 1.376
EUR/USD 1.11
EUR/AUD 1.55392
nw kw 15:04 GMT February 21, 2016
BREAKING NEWS
Forex john : good for usd or bad or do you no more for what usd is looking for in different short or ferther out came : be grate help tks
Mtl JP 14:47 GMT February 21, 2016
Brexit Referendum and its Impact on Sterling
what sort of Impact on Sterling ... fasten your seatbelt ...
haha ...
Jay u either like and thrive on volatility or you do not.
IF it is politically induced volatility u thrive IF u are In the Circle that knows the time and content of the next headline's release .
"The prospect of linking arms with Nigel Farage and George Galloway and taking a leap into the dark is the wrong step for our country and if Boris, and if others, really care about being able to get things done in our world then the EU is one of the ways in which we get them done," Cameron said.
"I would say to Boris what I say to everybody else, which is that we will be safer, we will be stronger, we will be better off inside the EU," Cameron told the BBC.
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Is that a physical threat to Boris - wonder what Boris is being promised in private.
Amsterdam 14:37 GMT February 21, 2016
Forex Analytics and Forecasts from R.Butko, Nord
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Forex Forecast for 22-26 February 2016
First, about the forecast for the previous week:
- as for EUR/USD, 35% of the analysts and graphical analysis on H1 and H4 were correct in their forecast that the pair would fall in the last five workdays. As predicted, the pair reached the first support at 1.1150 and then tried to reach the second support at 1.1030 but halfway through it reversed and finished the week at 1.1131;
- the GBP/USD pair�s drop was greater than expected. After breaking through support at 1.4365, the pair fell to 1.4245 and entered a 1.4245-1.4395 sideways channel with a 1.4310 Pivot Point;
- after the crash that started 1 February, the experts hoped that USD/JPY would rebound at least to 115.60 but it couldn�t even reach 115.00. The pair froze at 114.87 for half an hour and moved down again, finishing the week even lower than at the beginning of the week � around 112.55;
- the forecast for USD/CHF by graphical analysis and 40% of the analysts turned out to be totally correct. The pair continued to move upward to 0.9967, took a break and went down to support at 0.9890.
Forecast for Coming Week
Summarizing the views of several dozen analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be suggested:
- in the next 2-3 days, EUR/USD can rise a bit and reach resistance at 1.2222 as proposed by graphical analysis on H4 and the indicators on H1 and H4. In the longer term, the number of supporters of a downtrend grows in proportion to the time interval. Thus, in the weekly timeframe 55% of the experts vote for a fall, in the monthly timeframe it is already 65%, and in the quarterly one it�s 78%. Graphical analysis paints quite an apocalyptic picture on D1 � in the next 2-3 weeks, the pair may totally crash, hitting the bottom at 1.0500;
- as for GBP/USD, 40% of the experts and graphical analysis on H4 and D1 indicate that now the pair is at the top boundary of a 1.4200-1.4400 channel, along which it will be moving all week. This is echoed by 33% of the indicators on H4 and 75% of them on D1. At the same time, graphical analysis doesn�t rule out that end of this week or early next week, GBP/USD will break through the top boundary of the channel, turn resistance into support and continue its sideways trend in a 1.4400-1.4620 range with a 1.4500 pivot point;
- according to 60% of the experts, 100% of the indicators and graphical analysis, USD/JPY will continue to fall at least to 110.70 (the next support is at 110.00) and then bounce up first to the current level of 112.55 and afterwards higher, the target being 115.00;
- about 70% of the experts tend to believe that USD/CHF will rise first to the key level of 1.0000 and then up to 1.0200. Graphical analysis on H4 and the indicators on H4 and D1 show that before rising, the pair may spend some time in a 0.9830-0.9930 sideways trend with prevailing bearish sentiment.
Roman Butko,
GVI Forex Blog 12:04 GMT February 21, 2016
Brexit Referendum and its Impact on Sterling
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In the US, there is a tradition on February 2 called Groundhog Day. On this day, if it is sunny when a groundhog comes out of its burrow and sees its shadow, it signals six more weeks of winter. If it is cloudy and the groundhog does not see its shadow, it signals an early spring.
Well, UK PM Cameron emerged from the EU summit on Friday with concessions in hand and called for a June 23 referendum on Brexit.
Brexit Referendum and its Impact on Sterling
Hong Kong Qindex 07:35 GMT February 21, 2016
Crude Oil : Heading Towards 26.92
Reply
Sell Crude
Entry: Target: Stop:
Crude Oil : Heading Towards 26.92
The distribution profile of the monthly cycle probability chart suggests that the market has a tendency heading towards 26.92. Speculative selling pressure will increase when the market is trading below the monthly cycle pivot center at 25.52.
Qindex.com
Crude-Oil : Monthly Cycle Charts
GVI Forex john bland 00:46 GMT February 21, 2016
BREAKING NEWS
According to A.P. Trump predicted to have won in South Carolina. Rubio and Cruz in dead heat for second. Other three candidates in single figure percentages.
