GVI Trading Room Jay 22:57 GMT June 7, 2016
Guess the EURUSD and Win a Prize
Dear Global-View Member,
Win a Complimentary Annual Subscription to Max McKegg’s FX Forecasting/Trading Service
All those who participate win a free one week free access to Max’s service.
As an amusing exercise with a Real Prize on offer you are Invited to submit your best Guesstimate of where EUR/USD will be at 3pm New York time on July 1st. The person who is closest will win a complimentary Annual Subscription to Max McKegg’s renowned FX Forecasting/Trading Service $1,290 value).
Click here to submit your guesstimate
Deadline no later than the New York close this Friday (June 10) to qualify for the prize. Good Luck!
Livingston nh 22:56 GMT June 7, 2016
Brexit Polls and Why UK Bookmakers Give Leave No Chance
Sanders would have to nearly sweep the California delegates (RFK) to have a chance or even a talking point at the Convention - he got his ass kicked in every big state (large cities have populations loyal to HRC) - states he won outright are usually safe Republican states in the General Election
He might do better than HRC against TRUMP but these two were the best the Dems could get?? aaargh -- all three of the survivors are on Medicare and two have gold plated US medical insurance
So now we just wait for November and hope the current resident of the White House doesn't burn it down as he leaves -- MAYBE if Brexit succeeds the Queen would take us back before November
Mtl JP 21:28 GMT June 7, 2016
Brexit Polls and Why UK Bookmakers Give Leave No Chance
Do you really think the enslavers are democrats willing to leave things to natural outcome?
In early may an Ipsos poll of some 6,000 Europeans found that half think the UK will leave the EU and half think Brexit could lead to a ‘domino effect’ in their own country. The online survey of people aged between 16 and 64 in the UK, Germany, France, Italy, Spain, Sweden, Belgium, Poland and Hungary focused on the upcoming British referendum on whether to leave the European Union.
Google involved with Clinton campaign, controls information flow – Assange
And traitor MPs scheming to use their majority in Parliament to screw British patriots and vote to keep Britain in the EU despite a potentially eventual pro Brexit vote:
MPs 'considering using majority' to keep UK in single market
Livingston nh 20:41 GMT June 7, 2016
Brexit Polls and Why UK Bookmakers Give Leave No Chance
One thing to consider in Polls vs Bookie - the bookie is only concerned with the cash risk - so one stat to consider is that 70% of the bettors are betting LEAVE but 73% of the cash is coming from 30% REMAIN -- but in the election those 70% small LEAVE bettors have more than twice as many VOTES
GVI Trading Room john 20:36 GMT June 7, 2016
Wednesday Trading
Sentiment//Bias Trading Indicators
Fed Funds Indicators crept higher all day Tuesday (=reduced odds for a rate hike this year). It now suggests EURUSD neutrality target of 1.1440 from about 1.1400 early in the day.
GVI Trading Room john 20:19 GMT June 7, 2016
Wednesday Trading
Reply
WEEKLY HIGH IMPACT NEWS:
8-Jun WEDNESDAY
23:50 JP- GDP
06:15 CH- CPI
14:30 US- Crude
9-Jun THURSDAY
21:00 NZ- RBNZ Decision
00:00 CN- Holiday
01:30 CN- CPI
08:30 GB- Trade
12:30 US- Weekly Jobless
10-Jun FRIDAY
00:00 CN- Holiday
12:30 CA- Employment
12:30 US- Productivity
14:00 US- University of Michigan
Trading Themes --
- The key take-away from the Yellen speech on Monday is that the time line for the next Fed rate hike is a lot more vague. Fed Funds futures crept modestly higher over the day, which resulted in slightly lower risks for a Fed rate hike by yearend. Expect forex trading to become much more data-dependant in the period ahead.
- GBP remained in play ahead of the Brexit referendum on Thursday June 23. Polling data remain volatile and put the outcome in pretty much a dead heat. Some warn that a number of the pollsters have an agenda and that results should be viewed in that light.
- No changes in Australian monetary policy today was as expected. The RBA policy statement did surprise as it ruled out future rate cuts. The AUD gained vs. the USD and key crosses on the back of this unexpected development.
- With the Yellen speech out of the way, this becomes a very light week for major U.S. data. Fed officials are now into their quiet period ahead of the next Fed meeting on Wednesday, June 15.
John M. Bland, MBA
co-founder Global-View.com
Mtl JP 20:01 GMT June 7, 2016
ECB Corporate Purchases
PAR 16:55 unlike you and me, outfits like the ECB, Fed, BoJ etc either directly or through a proxy create money out of thin air without limit to quantity and , more importantly, without fear of personal repercussion. The outfits themselves are accountable to no-one.
Your theory that "ECB will never sell the bond it buys because then the ECB will suffer gigantic losses" does not reflect the above facts that allow them to "buy" anything they want and hold to expiry and if they chose to simply bury it so be it and... no-one by then will ever care.
That is the beauty of declaratory nihilo (fiat) money.
GVI Trading Room john 17:29 GMT June 7, 2016
ECB Corporate Purchases
PAR too true. At least the Fed and Treasury have been forced to disgorge all the private paper it bought during the financial crisis. It will never be able in less than a century to unload all the government paper it owns. So our grandchildren's grandchildren will be dealing with this mess.
PAR 16:55 GMT June 7, 2016
ECB Corporate Purchases
The ECB will never sell the bond it buys because then the ECB will suffer gigantic losses .
I think it is unlikely that Germany and some other countries with orthodox financial policies will be willing to recapitalise the ECB with a Mario as its president .
Livingston nh 16:25 GMT June 7, 2016
ECB Corporate Purchases
Reply
Tomorrow starts ECB corporate sector purchase programme (CSPP)
FTAlphaville-
"Since European corporates have been amongst the biggest beneficiaries of the eurodollar arbitrage, the ECB’s provision of cheap euro-denominated liquidity to corporates achieves two things. On one hand it helps to keep deflation at bay. On the other hand it stands to wean European corporations off dollar funding solutions by incentivising them to fund in euros on a much more comprehensive way (albeit on much stricter and transparent terms than was ever the case for the eurodollar market).
On that basis the CSPP represents as much an attempt to transfer the world off a dollar standard and over to a euro or multipolar standard, as it does an attempt to stimulate the eurozone directly."
And unlike the Sovereign holdings to maturity what happens when ECB has to sell the corporates
GVI Trading Room john 16:17 GMT June 7, 2016
Monday Trading
German 10-yr at a record low 0.50% -3.5bp.
PAR 16:09 GMT June 7, 2016
Monday Trading
What about European sovereign and corporate bonds . The insiders already know which bonds Capo di Capi Don Mario has selected to buy .
Cape May jb 16:05 GMT June 7, 2016
Monday Trading
PAR in which instruments do they front run the ECB? tia
PAR 15:44 GMT June 7, 2016
Monday Trading
European banks and hedgies frontrunning the ECB .
Classical case of Mario sponsored insider trading . Central planning corrupts the market and makes the ECB apparatschiks very rich .
Free market economics is dead .
tokyo joyya 15:14 GMT June 7, 2016
Monday Trading
closed nice 40/50pips....long from 1.4365 and 153 still keep till 23june..
GVI Forex Blog 15:12 GMT June 7, 2016
Alert: EURUSD Forex Trading Outlook
Reply
Looking at the EURUSD you would think it is wildly bid after last Friday’s big post-employment move higher. However, if you take note at the repeated bi-polar interest rate expectations whipsaws and charts, they paint a different picture. Of course that could change but my video below puts the current price action in perspective.
Alert: EURUSD Forex Trading Outlook
tokyo joyya 14:56 GMT June 7, 2016
Monday Trading
Buy GBPUSD
Entry: Target: Stop:
buy more 1.453 and 155.8 gbp...
GVI Forex Blog 14:37 GMT June 7, 2016
GVI Data Calendar for 8 June 2016
Reply
June 7, 2016 (global-view.com) UPCOMING DATA HIGHLIGHTS for Wednesday, June 8, 2016.
- Far East: JP- GDP
- Europe: CH- CPI, GB- Output
- North America: US- Mortgages, JOLTS Survey, Weekly Crude, 10-yr Auction
WEEKLY HIGH IMPACT NEWS:
8-Jun WEDNESDAY
23:50 JP- GDP
06:15 CH- CPI
14:30 US- Crude
9-Jun THURSDAY
21:00 NZ- RBNZ Decision
00:00 CN- Holiday
01:30 CN- CPI
08:30 GB- Trade
12:30 US- Weekly Jobless
10-Jun FRIDAY
00:00 CN- Holiday
12:30 CA- Employment
12:30 US- Productivity
14:00 US- University of Michigan
GVI Data Calendar for 8 June 2016
Livingston nh 14:34 GMT June 7, 2016
Monday Trading
EUR/CHF may be a good indicator for Brexit fear effect in the EU
Livingston nh 14:25 GMT June 7, 2016
Monday Trading
EU peripheral 10 yrs are being bought - German 5 yrs negative yield // US looks to be pushing the Fed into Sept
GVI Trading Room john 14:13 GMT June 7, 2016
BREAKING NEWS: Canada Ivey PMI weaker
I only pay attention to the Ivey PMI when it confirms the Markit data for Canada. Otherwise, its best to ignore wide swings. My guess is that their sample size must be too small?
Amman wfakhoury 13:54 GMT June 7, 2016
EURJPY 12222
UK JY
yes 14420 still active ..unless it breaks up 14610 and keeps above it
UK JY 13:44 GMT June 7, 2016
EURJPY 12222
Amman, is this trade still active and if so where is the stop?
Amman wfakhoury 14:38 GMT June 6, 2016
GBPUSD Sell: Reply
Amman wfakhoury 13:47 GMT 06/06/2016
any rise above 14420 will return to it
any decline below 14380 will return to it.
__________________________________
we can sell here 14457 add sell if rise tp 14420
Amman wfakhoury 13:41 GMT June 7, 2016
EURJPY 12222
Reply
Any decline below 12222 will return to it.
Buy now at 122.00 add buy if decline.
The only one in the world who confirms the next level
nw kw 13:39 GMT June 7, 2016
Monday Trading
gbpaud started big fight so awaiting out casted or aud funding gbp.
Livingston nh 11:46 GMT June 7, 2016
Brexit Polls and Why UK Bookmakers Give Leave No Chance
If you are playing pollsters' roulette with the Pound, the wheel spins again tonight with the "debate" between the PM and the UKIP representative who now has an immigrant "catch and release" ruling from the EU High Court to throw into the mix // remember that in a matter like this the UNDECIDEDs are NOT - feet on the street to get the vote out on election day is the determining factor
There is no precedent so you can't make a case for or against the Pound post election
Amman wfakhoury 11:36 GMT June 7, 2016
EURJPY movement
Reply
Amman wfakhoury 15:48 GMT June 6, 2016
EURJPY movement: Reply
Amman wfakhoury 12:06 GMT June 3, 2016
EURJPY movement: Reply
EURJPY is ready to move upward to 122.05.
Unless it breaks down 121.00 then will go to 120.30
any rise above 122.25 will return to it.
Trade accordingly ..happy trade
_____________________________
3rd time return to 122.25 from 122.70
Challenge all the pro. to give such signal.
The only one in the world who confirms the next level
GVI Trading Room john 11:14 GMT June 7, 2016
Tuesday Trading
Fed Funds Indicators suggest EURUSD target of 1.1400 which was not breached Monday. (1.1381 HOD so far today)
UK PT 11:02 GMT June 7, 2016
Brexit Polls and Why UK Bookmakers Give Leave No Chance
Why cable firmed???
A couple of new polls signal that the race between U.K. voters who want to stay in the European Union and those who want out could go right down to the finish.
The polls show a slight lead to “remain,” in contrast to surveys released in the days before, which suggested a swing to “leave” may have occurred.
A Daily Telegraph/ORB poll published late Monday put support for retaining EU membership at 48%, versus 47% for those wanting a Brexit, among those who intend to vote.
'Marketwatch
GVI Forex Blog 10:39 GMT June 7, 2016
Brexit Polls and Why UK Bookmakers Give Leave No Chance
Reply
We have been asking the question for some time why there is such a discrepancy between UK bookmaker odds and both public and online polls. This includes our Brexit tracking poll that has seen well over 5,000 replies with around 87% expecting the outcome of the June 23 referendum to be leaving the EU. As part of our poll, we ask for feedback from our survey participants and have received hundreds of emails, some that are quite revealing as the one posted below.
Brexit Polls and Why UK Bookmakers Give Leave No Chance
nw kw 09:56 GMT June 7, 2016
BREAKING NEWS: EZ GDP Revised Higher
This year has been full of cattle price records and milestones but the last fortnight has seen an easing in values of between five and 10 cents a kilogram liveweight across nearly all classes of cattle.
aud cow so needs to drop so audusa top side with 300.00 in gold sped to eat or close but winner is audjpy if market stays on cores,
cheap aud ya right so bet nzd?
GVI Trading Room john 09:35 GMT June 7, 2016
Tuesday Trading
WEEKLY HIGH IMPACT NEWS:
8-Jun WEDNESDAY
23:50 JP- GDP
06:15 CH- CPI
14:30 US- Crude
9-Jun THURSDAY
21:00 NZ- RBNZ Decision
00:00 CN- Holiday
01:30 CN- CPI
08:30 GB- Trade
12:30 US- Weekly Jobless
10-Jun FRIDAY
00:00 CN- Holiday
12:30 CA- Employment
12:30 US- Productivity
14:00 US- University of Michigan
Trading Themes --
- Now that the dust has settled, the key take-away from the Yellen speech on Monday is that the time line for the next Fed rate hike is a lot more vague. This gives the central bank a lot of leeway to assess future data as it comes in, especialy as there are new doubts about the strength of the U.S, economic recovery. Expect forex trading to become much more data-dependant
- No changes in Australian monetary policy today was as expected. The RBA policy statement did surprise as it ruled out future rate cuts. The AUD is up vs. the USD and key crosses on the back of this unexpected development.
- GBP remains in play ahead of the Brexit referendum on Thursday June 23. Polling data remain volatile and are putting the outcome in pretty much a dead heat. Some warn that a number of the pollsters have an agenda and that results should be viewed in that light. There has been some chatter about a couple of "fat finger" trades today in the GBP.
- With the Yellen speech out of the way, this becomes a very light week for major U.S. data. Fed officials are now into their quiet period ahead of the next Fed meeting on June 15.
John M. Bland, MBA
co-founder Global-View.com
GVI Trading Room Jay 09:27 GMT June 7, 2016
Guess the EURUSD and Win a Prize
Great response do far
Dear Global-View Member,
Win a Complimentary Annual Subscription to Max McKegg’s FX Forecasting/Trading Service
All those who participate win a free one week free access to Max’s service.
As an amusing exercise with a Real Prize on offer you are Invited to submit your best Guesstimate of where EUR/USD will be at 3pm New York time on July 1st. The person who is closest will win a complimentary Annual Subscription to Max McKegg’s renowned FX Forecasting/Trading Service $1,290 value).
Click here to submit your guesstimate
Deadline no later than the New York close this Friday (June 10) to qualify for the prize. Good Luck!
GVI Trading Room john 09:00 GMT June 7, 2016
BREAKING NEWS
Eurozone Final GDP 1Q16
Data News ALERT
qq: +0.60% vs. +0.50% exp. vs. +0.50% (r ) prev.
yy: +1.70% vs. +1.50% exp. vs. +1.50% (r ) prev.
TTN: Live News Special Offer
tokyo joyya 08:59 GMT June 7, 2016
Cable
looks to cable can clear 1.473 minimum target 1.5
nw kw 08:48 GMT June 7, 2016
Cable
Brent on gbp list its runner and im on gbpcad for wti
tokyo joyya 08:36 GMT June 7, 2016
Cable
i am long from gbjpy 153 and 1.4365 going well expecting for huge push upside in stox and aud eur gbp etc....then short around 23june...
Amman wfakhoury 08:35 GMT June 7, 2016
EURJPY movement
Amman wfakhoury 15:48 GMT 06/06/2016
Amman wfakhoury 12:06 GMT June 3, 2016
EURJPY movement: Reply
EURJPY is ready to move upward to 122.05.
Unless it breaks down 121.00 then will go to 120.30
any rise above 122.25 will return to it.
Trade accordingly ..happy trade
__________________________
Check how many times price rose above 122.25 and returned to it.
nw kw 08:29 GMT June 7, 2016
Cable
so if nzd keeps from hike or the cut get some eternising gbp. on gbpaud support key
London Chris 08:25 GMT June 7, 2016
Cable
Looking at GBP one has to wonder whether soneone has inside info on a poll fsvourable to Remain
nw kw 08:19 GMT June 7, 2016
Cable
xauaud back on support pivot if sells can go in jpy, crafty banks puling reserve out.
london red 08:18 GMT June 7, 2016
Cable
Knez, wait for the extreme/spike then fade it. particularly topside.
nw kw 08:14 GMT June 7, 2016
Cable
shorted eurgbp xgbp droped with xaud. at .78 a bit late.
Belgrade Knez 07:36 GMT June 7, 2016
Cable
london red 07:25 GMT 06/07/2016
........ so be patient flip these blips, its the safest way to trade gbp.
excuse my ignorance, but what does above means, please?
Thank you.
london red 07:25 GMT June 7, 2016
Cable
liquidity is drying up and will get worse at referendum approaches. folk dont want to get burnt so prefer to pull orders reduce size rather than risk getting caught out. there are many polls to come and many things will be said (live tv debate this evening cameron vs johnson) but unless one of the camps takes some hug strides and carves out a more than 10 pt lead, nothing will be decided until the day, so be patient flip these blips, its the safest way to trade gbp.
kl shawn 07:00 GMT June 7, 2016
Cable
fs, i think better wait for a while, maybe close to 1.4580 is a better try
kl fs 06:59 GMT June 7, 2016
Cable
short term trade if short cable, stop should be above 1.4540
kl fs 06:57 GMT June 7, 2016
Cable
short cable?
London Misha 06:34 GMT June 7, 2016
Cable
Reply
I heard the rise in GBPUSD...apart from the polls...was exacerbated by not one but two possible fat finger trades...shows how illiquid it can be and how jumpy the market is...
Provo John 04:39 GMT June 7, 2016
cable
just another poll
Mtl JP 04:35 GMT June 7, 2016
cable
gap ... gap poof
kl fs 04:32 GMT June 7, 2016
cable
Reply
wtf is going on with gbp? data from aud but gbp reacted the best?
Hong Kong HK 03:41 GMT June 7, 2016
AceTrader Jun 7: Daily Recommendations on Major EUR/USD
Reply
Update Time: 07 Jun 2016 03:08 GMT
EUR/USD - 1.1357
The single currency's rally to as high as 1.1375 on Friday after the release of much weaker-than-expected U.S. non-farm payrolls data, then to 1.1393 yesterday suggests upmove from last week's low at 1.1098 remains in progress and consolidation with upside bias would be seen for gain towards 1.1447/50.
However, near term loss of momentum would prevent sharp move beyond there and reckon 1.1481 would hold and yield retreat later.
On the downside, only below 1.1220 (previous resistance) would indicate a temporary top has been made and risk stronger retracement towards 1.1173.
