User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Tuesday June 16, 2015 - 05:58:36 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Mid-session Update: BOJ's Kuroda backtracks from comments on FX; RBA policy minutes match the statement's data dependent outlook - Source

- (AU) AUSTRALIA MAY NEW MOTOR VEHICLE SALES M/M: -1.3% V -1.5% (second decline M/M) PRIOR; Y/Y: 0.8% V 2.8% PRIOR- (AU) Australia ANZ Roy Morgan Weekly Consumer Confidence Index: 114.5 v 112.1 prior ***Index Snapshot (as of 02:30 GMT)***- Nikkei225 -0.6%, S&P/ASX +0.3%, Kospi -1.3%, Shanghai Composite -2.1%, Hang Seng -0.4%, Sep S&P500 -0.1% at 2,072***Commodities/Fixed Income***- Aug gold -0.1% at $1,185/oz, Jul crude oil +0.8% at $59.98/brl, Jul copper flat at $2.65/lb- GLD: SPDR Gold Trust ETF daily holdings decline 3.1 tonnes to 701.9 tonnes; lowest since Sept 2008 - JGB: (JP) Japan MoF sells ¥2.30T in 0.1% coupon 5-year JGB bonds; Avg yield: 0.122% v 0.100% prior; Bid-to-cover: 2.87x v 2.80x prior ***Market Focal Points/FX***- Asia equity markets are generally lower with the exception of Australia, as headwinds from Greek uncertainty and selloff on Wall St going into Wednesday's FOMC weighed on sentiment. China markets were hit particularly hard, falling as much as 2.5% in the morning session before paring some of those losses by midday break. Ongoing clampdown on margin trading activity along with another active week of IPO issuance are widely attributed to renewed pressure on the mainland and the swoon in Shanghai Composite to 1-week lows.- Among the most notable developments from China, NEA announced May power consumption of 456.7B kwh, up just 1.6% y/y but higher than 1.3% in April and 2nd straight month of increase. Recall this indicator is one of Premier Li's top 3 preferred measures of economic activity. China's CASS also forecasted 2015 energy output to grow but consumption to dip this year. Separately, China Nuclear Power was limit up again by 10% after Premier Li said the govt will promote nuclear power on a larger scale, and that nuclear technology developed by China has a place abroad.- Reserve Bank of Australia released the minutes of its June 2nd meeting where it surprised the investors with a more neutral policy stance against expectations of renewed easing bias. RBA minutes straddled both sides of the fence, stating the "Board's assessment was that the stance of monetary policy should be accommodative" and also adding "members judged that it was appropriate to leave the cash rate unchanged and to assess information on economic and financial conditions as it became available." AUD/USD initially sold off some 20pips below 0.7750 but then whipsawed to 0.7780 in the aftermath, with traders favoring a more hawkish interpretation. - USD/JPY saw pronounced volatility on clarification from BOJ Gov Kuroda regarding exchange rates. Recall on June 10th, Kuroda said that real effective exchange rate showed yen was weak and might not weaken further. Today, Kuroda said those comments were unrelated from the nominal exchange rate, and that as long as FX moved in a stable manner the level of Japanese currency was not of concern. USD/JPY spiked up over 40pips on the remarks toward 123.80, though it has given back some of the gains. BOJ is headed for a policy decision later this week, and a Nikkei report suggested there may be a rift developing within the policy board regarding the sustainability of open ended policy easing.- In Europe, Germany's Bild cited comments from Greek Fin Min Varoufakis who said Athens does not intend to present a new list of reform proposals at the upcoming Eurogroup meeting on Thursday. This is in line with the hardline stance taken by Syriza politicians expressed over the weekend, and the subsequent downside in EUR/USD on those comments was marginal. For the session, EUR/USD traded in a 20pip range above $1.1260.***Equities***US equities / ADRs:- GPS: Announces Strategic Initiatives; To close about 175 stores in N America; Affirms FY15 EPS $2.75-2.80 v $2.78e; +1.3% afterhours- AAVL: Announces Top-Line Phase 2a Results for AVA-101; -41.1% afterhours- EXR: To acquire SmartStop Self Storage, Inc. for $1.4B in cashNotable movers by sector:- Consumer discretionary: Kao Corp 4452.JP -0.8% (H1 result speculation)- Financials: CITIC Securities 6030.HK -0.7% (to issue new shares); Ping An Insurance 601318.CN +0.3% (exec comment); HTSC 601688.CN +2.1% (raises margin finance ceiling); China Pacific Insurance Group 2601.HK -2.6% (YTD premium income); Westpac Banking Corp WBC.AU +1.4% (intention to sell stake in BTIM); Insurance Australia IAG.AU +5.1%(Berkshire Hathaway to invest)- Industrials: Tianjin Jinbin Development Co 000897.CN +0.9%, Langfang Development Co Ltd 600149.CN +3.7% (Beijing-Tianjin-Hebei regional development); Yamaha Motor 7272.JP -2.1% (to jointly build fuel cell powered ships); Fujitsu General Ltd 6755.JP -1.4% (profit target); Korean Air Lines 003490.KR +0.7% (cuts flights due to MERS)- Materials: Anhui Conch Cement 914.HK -1.7% (to acquire cement assets); CITIC Dameng 1091.HK -6.7% (share placement)- Energy: China Coal Energy 1898.HK -0.6% (May result); China Shenhua Energy 1088.HK -1.8% (May result)-


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
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 ©1996-2014 Global-View. All Rights Reserved.
Hosting and Development by Blue 105