Forex john what is gbp doing if you have time to poste 2y chart and your talent tks
sofia kaprikorn 14:18:18 GMT - 07/27/2014
GVI john
---
Great chart reg. EUR/USD vs. 2Y EZ rate - a picture is worth a thousand words.
GVI Forex john 21:59:32 GMT - 07/26/2014
Fundamentals for Trading. EXCLUSIVE CHART:
Some have asked me to re-explain this chart
It consists of two elements; interest rates and EURUSD spot.
1) interest rates: forex is all about MONEY. The cost of money is interest rates. higher interest rates increase demand for a given currency and lower interest rates mean reduced demand.
There are two interest rate lines. The blue dashed line is the official ECB administered cost of overnight funds. It does not change frequently. The other blue line is the free market cost of funds for two years. The market two year rate amounts to a forecast for the official administered rate for the next two years.
When it is below the official rate, depositors and lenders are saying that they expect the official rate is going to fall. If the market rate is above the official rate, it means they agree that rates are going to rise.
This chart says that professional traders agree that the ECB is going to reduce rates in the future. falling interest rates are EURUSD negative.
2) EURUSD line. The grey EURUSD line shows the interaction of the EURUSD pair with rises and falls in EUR interest rates. Moves are not always as fast as they once were, but they generally move together. Note the EURUSD has been following interest rates lower, This is how the fundamentals determine forex values.
Actionable trading levels delivered LIVE to YOUR charts
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.
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.
We are starting an affiliate program to market some of our products.