User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday March 29, 2010 - 10:06:20 GMT -

Share This Story:
| | Email

Daily GVI Forex Forex View- Calendar Dirruptions

The Daily Forex View

Calendar Disruptions

10:00 GMT- Mar 29 ( This is a partial week should be a for some markets, with several centers closed on Friday and Monday. The BLS has refused to give U.S. traders all a break, as they will release weekly employment data on Friday. Only the U.S. will be open at that time on Friday. It will then close mid-morning once the data are out. Street estimates are for the first strongly positive monthly employment growth (+200 to 300K jobs), with employment bolstered by temporary census hiring and a bounce back from the poor weather in February. So far we have noticed that the March weather related recovery in economic statistics has been minimal.   

The EUR has recovered vs. the USD and on its crosses in several cases today following the agreement last week to help bail out Greece from its budget mess. The term of the accord still remain rather vague, but market concerns seem to be fading. Its important to keep in mind that Europe is not unhappy with a weakening Eur with inflation not a concern at the present time.

The JPY is steady vs. the USD but sharply lower vs. Europe. The government has been putting relentless political pressure on the Bank of Japan (BOJ) to combat deflation. The government wants the central bank to do more to spur economic growth. One strategy for stimulating growth and encouraging price increases is a weaker currency policy. 

Today in North America, U.S. personal income data will be released. Eurpean clocks are back in synch with those in the U.S.

See ECONOMIC CALENDAR for a complete list of future forex market events and consensus data estimates. Go to the forex forum for up-to-date market developments and technical trading ideas.


CHARTS: Forex pairs vs 2-yr note spreads


Forex   EUR vs.     GBP vs. 9:53
EUR 1.3475 61 JPY 124.64 58 JPY 138.58 78
GBP 1.4982 83 GBP 89.94 -9 CHF 159.09 35
CHF 1.0619 -36 CHF 1.4309 16 CHF vs.    
JPY 92.50 1       JPY 87.11 30

EUR/USD is higher. The equity correlation trade has been working off and on. The ECB has been backing away gradually from extraordinary policy. Worries about the weaker Eurozone economies have been a weight off and on.

EUR/CHF is up.
USD/CHF is down. The SNB periodically has been intervening in the EURCHF cross. 

USD/JPY is steady. EUR/JPY is up. The Japanese  government and BOJ have reconciling their differences and are pursuing ant-deflationary policies.

GBP/USD is up and the EUR/GBP is unchanged. Political uncertainty and mixed data have been triggering instability in the GBP.

COMMODITIES and Commodity Currencies


Commodity         9:53
CAD 1.0207 -57 AUD 0.9127 93 Gold 1110 2.90
CNY 6.8274 -5 NZD 0.7092 51 WTI 80.71 0.66

The CAD is stronger. The Bank of Canada is becoming less dovish as the economy stabilizes. Canada will be one of the early major economies to raise interest rates.

The AUD and NZD are up. Quarterly rate hikes are seen from the RBA this in 2Q10. The RBNZ has signaled a rate hike by mid-year.

Gold and Oil are higher. Gold, oil, equities and the commodity currencies are all carry trades. Gold is another anti-dollar.



Equities           9:53
NIK 10986 -10 DAX 6160 40 DJIA 10850 1
HSI 21237 184 FTSE 5715 12 S&P 1167 2
SSEC 3124 65 SMI 6851 0 NAS 2395 2
ASX 4897 0       TSE 11957 20

Far East equity markets closed mixed to higher. European bourses are higher. U.S. stocks are better. The U.S. 10-yr note is 3.87%, +2bp. 

Fixed income markets are vulnerable as they consider the prospect of an end to excessive Fed ease and large borrowing needs by the the U.S. government. Nevertheless. Fed Funds should remain low for an extended time period.

John M. Bland  is an author, and co-founder and partner of in 1996. Before that, he was a Vice-President and senior dealer in the fx inter-bank and futures trading arm of the  Continental Grain Company in NYC. Previous to that, he was an early member of the Chemical Bank (NYC) corporate advisory service. He also worked in international liability management. John has an MBA from the Hass School at the University of California at Berkeley and a bachelors degree in International Economics from Berkeley.


Forex Trading News

Forex Research

Daily Forex Market News
Forex news reports can be found on the forex research headlines page below. Here you will find real-time forex market news reports provided by respected contributors of currency trading information. Daily forex market news, weekly forex research and monthly forex news features can be found here.

Forex News
Real-time forex market news reports and features providing other currency trading information can be accessed by clicking on any of the headlines below. At the top of the forex blog page you will find the latest forex trading information. Scroll down the page if you are looking for less recent currency trading information. Scroll to the bottom of fx blog headlines and click on the link for past reports on forex. Currency world news reports from previous years can be found on the left sidebar under "FX Archives."

Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan

Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
Managed Forex Accounts
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.



By using this website, you are agreeing to our Privacy Policy and Terms of Use, and Cookie Policy

Copyright ©1996-2019 Global-View. All Rights Reserved.
Hosting and Development by Blue 105