Reports of an explosion in Paris. Unconfirmed and no details.
GVI Forex john bland 10:01:59 GMT - 04/01/2016
I would not trust Mr Sakurai. It appears the BOJ has already been trying to put a floor under USDJPY around current levels.
Paris ib 09:46:24 GMT - 04/01/2016
Agreeing with Yellen then? All we need is Draghi to come out now and say yes well the Euro is not too strong and we have one voice sanctioning a weaker USD or at least admitting to the inevitability of a weaker USD (depending on your point of view I guess).
GVI Forex john bland 09:44:07 GMT - 04/01/2016
-- USDJPY 80 would be too weak
-- "JPY is not so strong"
-- Cannot guarantee 2% inflation in five years dye to various uncertainties
-- BOJ policy exit far in future
EARLIER; BOJ Tankan Survey. Slowing Economic Prospects. Large Manufacturers fall from 12 to 6. June forecasted at 3
GVI Forex john bland 07:08:54 GMT - 04/01/2016
Earlier: China March PMIs improve -- NBs 50.2 vs 49.0, Caixin 49.7 vs 51.6
GVI Forex john bland 07:06:33 GMT - 04/01/2016
Final March Japan PMI steady at 49.1 vs flash.
GVI Forex john bland 07:05:02 GMT - 04/01/2016
Australian March PMI 58.1 vs 53.5 in Feb.
Paris ib 15:42:05 GMT - 03/31/2016
JP - the anti-Trump hysteria in the press is just amazing to me. But is it just smoke and mirrors? I think so. Let's make a fuss over here while Hillary just keeps going.
Mtl JP 15:31:40 GMT - 03/31/2016
re The Economist Intelligence Unit ... Huff's Editor’s note: Donald Trump is a serial liar, rampant xenophobe, racist, misogynist, birther and bully who has repeatedly pledged to ban all Muslims — 1.6 billion members of an entire religion — from entering the U.S.
that is one some unbiased editor lol
Probably scared witless of losing their job
therein lies the fear of someone other than Hllary or a Certified Repub Game Player. Europe and China are NOT part of the FEDs mandate. Nor is paying interest on Foreign bank deposits held at the FED. Nor is the FRBNY trading activities is stocks and futures and who knows what else.
Mtl JP 13:01:32 GMT - 03/30/2016
apparently Evans said he sees 'lot of risk' from China and Europe
hehe, but none from the FED ?
It could get welly intellesting if there should develop a blamegame amongst the cretins.
Particularly for Gold.
dc CB 12:51:44 GMT - 03/30/2016
Yellen is like that tale - The Princess and the Pea.
Only in her case it's The Old Crone and the Pea.....oh oh oh there is a Lump in my mattress....I certianly cannot raise rates with this lump in my mattress.
dc CB 12:46:25 GMT - 03/30/2016
EVANS: GLOBAL CONDITIONS 'POSE A LOT OF RISK IN MY BOOK'. The Federal Reserve's mandate: the entire world.
dc CB 12:44:34 GMT - 03/30/2016
Making sure Hillary gets elected...if not her the an "acceptable" Republican. So the GAME can continue.
GVI Forex john bland 12:44:12 GMT - 03/30/2016
Fed's Evans (dove)
-- would be surprised if they raise rates in April
-- every meeting is live
-- accomodative policy is appropriate
-- global risks higher than in December
-- expect 2 to 2-1/2% growth this year
-- expects 2 rate hikes this year
PAR12:40:50 GMT - 03/30/2016
ADP of 200000 should bring us a NFP of around 250000.
Good job growth .
1. Gigantic US budget deficit . Higher interest rates would mean higher payments on US debt .
2. Making money for the American people.
3. Financial problem of Puerto Rico , Chicago , Detroit etc.
4. Very slow growth of US economy
5. Subprime auto loans .
GVI Forex12:39:20 GMT - 03/30/2016
08:34 (US) Fed's Evans (dove, non-voter in 2016): Global risk is higher than it was in December, which is reflected in the adjusted dot chart - CNBC
- If economic data comes in stronger, the FOMC could adjust the dot chart to reflect more than the two hikes currently indicated
- There is no need to raise rates too quickly, rates will normalize eventually
- All meetings are live meetings, including the April meeting, would be surprised if we achieved necessary inflation conditions for an April move
- not seriously concerned about a hard landing for China- labor market improvements have been quite strong
Nice ADP matters not. Obama Admin. will not dare increase interest rates, so to keep the pace of the economy until elections.
dc CB 12:27:55 GMT - 03/30/2016
Mark Zandi, chief economist of Moody’s Analytics, said, “The job market continues on its amazing streak. The March job gain of 200,000 is consistent with average monthly job growth of the past more than four years. The only industry reducing payrolls is energy as has been the case for over a year. All indications are that the job machine will remain in high gear.”
Interesting that Yellen offered nothing to the "hawks" who last week brought up the possibility of a rate hike in April. I heard nothing from her that suggests that a rate hike is even in consideration for as early as June. I would take this as a rebuke if I were them.
I would take this as USD negative.
GVI Forex john bland 17:23:44 GMT - 03/29/2016
5-yr 1.335% 2.38 bid to cover 2.44 prev
Paris ib 17:22:08 GMT - 03/29/2016
CS - it's a fine line. If they want a weaker USD the problem is they could easily loose control of that. Who knows maybe they can pull it off.
Sydney ACC 17:12:44 GMT - 03/29/2016
“ I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant”
― Alan Greenspan
FW CS 17:11:34 GMT - 03/29/2016
ib if they do what you suggest then $ craters to freefall. I think the US want a slow fall which is why they keep threatening to raise rates.
GVI Forex john bland 17:11:32 GMT - 03/29/2016
The odds of one single hike in Fed Funds now by year end at just above 80% from 92% earlier today and 96% late last week.
PAR17:08:01 GMT - 03/29/2016
If you can not CONVINCE > CONFUSE .
GVI Forex john bland 17:07:10 GMT - 03/29/2016
fed focus seems mainly to be on global growth. In other words, it appears to be pivotal.
PAR17:04:59 GMT - 03/29/2016
Yellen - Unemployment figures are maybe not as good as they look . A lot of part time jobs etc
Mtl JP 17:04:23 GMT - 03/29/2016
charade to support the dollar - how do u figure ?
what is dancing in Janet's head is her causing a better financial crisis than that the one the FED caused 8 yrs ago
at the moment she needs to be careful not to cause the herd to run to one side of the boat
Paris ib 17:01:25 GMT - 03/29/2016
John - the AUD (always the first to run with this - when the USD is gaining the AUD gets trashed and vice versa) is running with the weaker USD idea.
Still it feels like a dull market. Or is it just me?
Paris ib 17:00:14 GMT - 03/29/2016
CS - if they want a weaker dollar all they have to do is shut up about raising rates. Credibility? Zero.
And when you look at the election candidates your can't help but think there is no good news on the horizon.
GVI Forex john bland 16:59:09 GMT - 03/29/2016
ab- its my opinion that somehow the Fed will win out. That means a weaker USD.
Paris ib 16:58:45 GMT - 03/29/2016
Empoli - exactly. Stalemate. They're all morons.
Can't wait for the next Clinton Presidency. Hillary will make Yellen look interesting.
EMPOLI ab 16:56:35 GMT - 03/29/2016
so Mrs Yellen wants a weaker Dollar, Mr. Draghi wants a weaker Euro and Mr. Kuroda wants a weaker Yen .....
FW CS 16:53:42 GMT - 03/29/2016
I think the Fed just keeps threatening to raise rates and maybe one more actual rate hike. All this charade just to support the $.
PAR16:51:16 GMT - 03/29/2016
Such a speech could be given by a first year economics student . If oil goes up inflation could go up . If oil goes down inflation could go down . Oil can go up or down .
A Martini please . Nothing new in this event .
Paris ib 16:50:26 GMT - 03/29/2016
John - this is slightly bizarre though. They plan to keep raising rates (or so they say) but they want the USD weaker.... not an entirely consistent plan. Do they ditch the hikes? I doubt it. I think we get a couple more.
PAR16:42:13 GMT - 03/29/2016
It is always the fault of China and the rest of the world . The FED is always right .
GVI Forex john bland 16:41:47 GMT - 03/29/2016
10-yr bond yields lower and S&P up on dovish Yellen comments. WTI up as well.
GVI Forex john bland 16:31:59 GMT - 03/29/2016
IB I agree with you vis-a-vis USD. Fed wants it weaker
GVI Forex john bland 16:30:31 GMT - 03/29/2016
Headwinds like foreign activity and strong USD likely to fade.
Paris ib 16:30:00 GMT - 03/29/2016
She's telling you the FED sees no problem with a lower USD. Maybe they see it as stimulatory.... they don't have a whole let else that is.
GVI Forex john bland 16:28:48 GMT - 03/29/2016
Yellen: only gradual increases in Fed Funds rates likely to be warranted in coming years
Long crude @ $ 38 . Yellen wants high oil prices .
Mtl JP 16:15:06 GMT - 03/29/2016
nh 15:58 these are professional, independent western journalists who otherwise would sneer at North Korea's 99.9% leader's approval polls ya ?
I suspect Yellen will try her best not to send the herd that clings to her yak for "guidance" in one or another direction , i.e. try not to set off a trend.
london red 15:59:43 GMT - 03/29/2016
options mkt looking at this as a dud, daily euro about 20 pips while yen barely 25 pips for an end of day straddle. thats pretty much how much they should be on a non event day, so mkt not looking for a great deal. certainly worth a bite at those prices.
euro triangle 11278/11106 should hold unless yellen pushes out the boat. there has been some talk that she could set the grounds for a june move today, otherwise that triangle should hold.
Livingston nh 15:58:52 GMT - 03/29/2016
They have replaced the "please hold applause until the conclusion of the speech" placards with "please refrain from snickering"
GVI Forex john bland 15:53:44 GMT - 03/29/2016
"Financial Tsunami Watch"
Notice not a "Warning" or "Forecast"
Yellen speech in just under 30 mins. Her prepared text might be released in advance.
GVI Forex john bland 15:48:11 GMT - 03/29/2016
JP- yes they will be pre-approved. Usually by the people hosting the event. I imagine they are briefed on what they can approve. Usually they are soft-ball questions.
Mtl JP 15:45:24 GMT - 03/29/2016
I just noted that Yellen is supposed to have a Q&A session after her yak
Will these be pre-approved questions from pre-vetted questioners ?
PAR14:17:50 GMT - 03/29/2016
Hawkish Yellen will sent dollar higher and crude lower .
Catch 22 .
Yellen wants lower dollar and higher crude .
Joesixpack wants lower crude and doesnt care about the dollar.
GVI Forex john bland 14:11:39 GMT - 03/29/2016
I doubt Yellen will change her views based on this one number. I think the downward revisions in GDP estimates will have sobered her up.
PAR14:05:16 GMT - 03/29/2016
This may make Yellen sound more hawkish . An april hike back on the table ? Buy the dollar .
global-view gives U.S. Core PCE Deflator risk rating A potential to add/subtract 50+ pips from account
GVI Forex john bland 11:42:32 GMT - 03/28/2016
U.S. Core PCE Deflator is due in under an hour. The Fed targets this inflation number, and yes , imho, it is designed to understate inflation. I feel it does not even closely represent my personal "market basket" of that of most others.
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.
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.
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.
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 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 Global-View.com.
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 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.
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.
Global-View.com 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 Global-View.com. 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.
WARNING: FOREIGN EXCHANGE TRADING AND INVESTMENT IN DERIVATIVES
CAN BE VERY SPECULATIVE AND MAY RESULT IN LOSSES AS WELL AS PROFITS. FOREIGN
EXCHANGE AND DERIVATIVES TRADING IS NOT SUITABLE FOR MANY MEMBERS OF THE
PUBLIC AND ONLY RISK CAPITAL SHOULD BE APPLIED. THE WEBSITE DOES NOT TAKE
INTO ACCOUNT SPECIAL INVESTMENT GOALS, THE FINANCIAL SITUATION OR SPECIFIC
REQUIREMENTS OF INDIVIDUAL USERS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL
SITUATION AND CONSULT YOUR FINANCIAL ADVISORS AS TO THE SUITABILITY TO YOUR
SITUATION PRIOR TO MAKING ANY INVESTMENT OR ENTERING INTO ANY TRANSACTIONS.