Forex trading online is a intresting way to trade en speculate at the foreign exchange market world wide. For more information about trading our blog listing here will help you to find intresting blogs about forex trading.
"EUR/USD trend: buy.
GBP/USD trend: buy.
USD/JPY trend: hold.
EUR/JPY trend: buy.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"The Institute of Supply management reported a 2.8-point decline last month in the non-manufacturing U.S. purchasing managers index. At 51.5, such was two points plus weaker than forecast, the lo..."
"Bank Indonesia released a statement after surprising analysts with an increase to 8% from 5% in in reserve requirements, which could herald interest rate tightening before much more time elapses. ..."
"The first tightening on July 1 doubled the repo rate to 0.5%, and today’s action raises such by an additional 25 basis points. The Riksbank is one of few central banks to publish a predict..."
"Following hikes of 25 basis points each this past March, May and July, Bank Negara Malaysia left its key policy rate at 2.75% today and released a message that called the rate level appropriate and ac..."
"The U.S. minus euro area PMI differential in manufacturing swung to +1.2 in August from minus 1.2 in July. The spread had been negative in July for only the first time since December 2008, avera..."
"Bank Rossii left the Russian refinancing rate at a record low of 7.75%. It has been at that level since a 25-basis point cut effective last June 1st. From April 2009 until then, there were..."
"Statistics Canada today said that Canada’s Gross Domestic Product (GDP) fell by nearly a percentage point in the second quarter to 0.5 percent from 1.4 percent in the first quarter. Stats Canada..."
"Sterling gains in forex tradingSterling is making solid gains today in currency trading on the FX market. The U.K. pound is strengthening on improved economic news, and the fact that Britain's economi..."
Blog:
Global Forex BlogTidsstämpel: 2010-08-30 09:06
Taggar:
cable,
currency,
currency trading,
dollar,
economy,
forex,
forex trade,
forex trading,
fx market,
market,
point,
pound,
trading
"EUR/USD trend: hold.
GBP/USD trend: hold.
USD/JPY trend: buy.
EUR/JPY trend: buy.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Currency trading with USD/CADThe U.S. dollar is moving lower against the Canadian dollar in forex trading on the currency market today. Indeed, the U.S. dollar's recent rally attempt has been cut off..."
Blog:
Global Forex BlogTidsstämpel: 2010-08-26 09:18
Taggar:
currencies,
currency,
currency trading,
dollar,
economy,
employment,
forex,
forex trading,
fx market,
market,
point,
trading
"German 10-year bonds fell nine basis points to a record low of 2.1 percent, while 30-year bonds also reached a record low, shedding 13 basis points to come in at 2.647 percent. Despite the declines, y..."
"The Bank of Thailand’s one-day repo rate was raised to 1.75% following a 25-basis point initial increase to 1.50% announced July 14. Officials released a statement noting that second quart..."
"I don’t know about you guys but Forex MegaDroid v1.30 hasn’t been working out to well for me. In the last while it placed multiple buy orders against the clearly defined..."
"Yesterday the Magyar Nemzeti Bank announced no change in Hungary’s central bank Base Rate of 5.25%. Fourteen reductions totaling 625 basis points between November 2008 and April 2010 had b..."
"The Bank of Israel yesterday announced no change in the 1.75% Policy Rate, which had previously been raised by 25 basis points each in August, November and December of 2009 and March and July of this..."
"A full percentage point reduction of the Icelandic benchmark interest rate to 7.0% last week was twice as much as analysts were anticipating and justified as follows: Lower inflation, lower inflation..."
"Japanese Prime Minister Yoshihiko Noda commented on the yen reaching a 15-year high against the dollar saying that the government was watching the situation “extremely closely, with grave concer..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Reacting to the latest round of weaker economic news from the US and Europe, oil prices continued to drop, falling to $74.24 a barrel by mid morning London time in electronic trading on the New York M..."
"The number of people seeking unemployment benefits jumped by 12,000 last week to 500,000 matching levels not seen since last November. This latest result adds further evidence pointing to a weakening..."
"Pessimists love to point to the surging US National Debt as an indication that the Dollar will one day collapse. And yet, not only has the US Dollar avoided collapse , but is actually holding steady i..."
"U.S. dollar forex trading forecastThe U.S. dollar is showing weakness today in currency trading on the FX market as risk currencies like the Australian dollar head higher. There is a degree of risk ap..."
Blog:
Global Forex BlogTidsstämpel: 2010-08-17 14:14
Taggar:
bank,
currencies,
currency,
currency trading,
dollar,
forex,
forex trading,
fx market,
market,
point,
report,
trading
"EUR/USD trend: sell.
GBP/USD trend: buy.
USD/JPY trend: buy.
EUR/JPY trend: sell.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"I posted an an article on this site eight days ago presenting the results of an examination into the frequency of “double-dip recessions” in the United States. That article noted the..."
"Sovereign debt worries return to the euro zoneYesterday, the euro saw a bit of a collapse in forex trading on the currency market as it plummeted below the 1.30 level against the U.S. dollar. Today, t..."
Blog:
Global Forex BlogTidsstämpel: 2010-08-12 09:17
Taggar:
bank,
currencies,
currency,
currency trading,
dollar,
economy,
forex,
forex trading,
market,
point,
profit,
report,
trading
"In the risk-averse first twenty-four hours after the Federal Open Market Committee statement, The yen and dollar advanced 2.5% and 1.9% against the euro, Ten-year Treasury yields dropped twelve basis..."
"As sure as day follows night, the Hong Kong Monetary Authority matched the Fed’s Tuesday decision not to change its key interest rate. The Base Rate has been at 0.5% since late 2008, yield..."
"Since the June FOMC statement was released, the dollar has retreated 6.2% against the euro and 4.5% against the yen. Ten-year Treasury yields have declined another 30 basis points to 92 bps belo..."
"The first monthly decline in Canada?s employment this year failed to dissuade bond traders from expecting another interest-rate increase by the Bank of Canada next month, though the chances are dimini..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: hold.
GBP/JPY trend: hold.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Analysts had not expect a rate hike of as much as 50 basis points delivered by the Central Reserve Bank of Peru. This move was twice as much as the ones in May, June and July and brought t..."
"Equities overnight rose 1.7% in Japan, 2.1% in Indonesia, 0.9% in Thailand and 0.5% in Australia. In Europe, stocks have traded up 0.9% in France and by 0.4% in Germany and Britain. Some m..."
"The United States and Euroland each recorded decent expansion in both manufacturing and non-manufacturing as the third quarter got under way. In services, the U.S. index rose a half point to 54..."
"For a second straight meeting, officials at the National Bank of Romania kept the monetary policy rate at 6.25%. Cuts in January, February, March and May had reduced the key interest rate by 175..."
"An unchanged central bank in Indonesia was as expected and perpetuates the stance that was reached in August 2009 following six cuts of 25 basis points and three reductions of 50 bps from a peak of 9..."
"Equities fell 2.1% in Japan, 0.7% in Australia, 0.4% in Singapore and 0.1% in South Korea but firmed 0.6% in Indonesia and the Philippines. In Europe, stocks have lost 1.2% in Great Britain and..."
"1. The recovery in China and the US appears to be slowing to a ?more sustainable pace? rather than coming to a complete halt. The usual overreaction is being priced out.
2. After the EU stress test re..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: buy.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Recent revisions to US GDP figures by the Commerce Department, suggest that the recession triggered in late 2007 was actually worse then previously believed. According to the latest information, the U..."
"Greenback gains in currency tradingThe U.S. dollar is higher today on risk aversion, moving up as investors look for a little safety amidst the uncertainty. Economic news out of Japan is causing..."
"Currency trading on the FX marketThe kiwi is lower in forex trading today, thanks to dovish sentiment expressed by the Reserve Bank of New Zealand. RBNZ officials decided to raise the base rate by 25..."
Blog:
Global Forex BlogTidsstämpel: 2010-07-29 08:56
Taggar:
aussie,
bank,
currencies,
currency,
currency trading,
dollar,
forex,
forex trading,
fx market,
kiwi,
market,
point,
rate,
report,
trading
"The Reserve Bank of New Zealand has implemented a second 25-basis point rate increase. The first was announced June 10, and today’s lifts the rate to 3.0%. The central bank’s stateme..."
"Currency trading on the FX marketThe risk rally got a good boost earlier today, with the sterling moving through the 1.56 level in currency trading. On top of that, the euro has gained in forex tradin..."
Blog:
Global Forex BlogTidsstämpel: 2010-07-28 10:15
Taggar:
currency,
currency trading,
durable goods,
forex,
forex trade,
forex trading,
fx market,
market,
point,
report,
trading
"The Reserve Bank of India raised interest rates for the second time this month, lifting its key borrowing repo rate by an as-expected 25 basis points to 5.75% but ratcheting its reverse repo rate up b..."
"Currency trading with AUD/USDRisk appetite is putting in an appearance on the currency market today, and AUD/USD is benefitting. Asian stocks ended mixed today, but the Australian market was one of th..."
Blog:
Global Forex BlogTidsstämpel: 2010-07-27 09:16
Taggar:
aussie,
bull,
currency,
currency trading,
dollar,
economy,
forex,
forex trade,
forex trading,
investment,
market,
point,
trading
"Somewhat unexpectedly, Israel’s policy rate was raised by 25 basis points to 1.75%. The prior four increases, all by 25 bps, were implemented in August, November, and December of 2009, as..."
"Euro forex trading forecastThe euro is gaining in currency trading on the FX market as some degree of risk appetite returns to the market. Even though there are some doubts about the global economy, t..."
Blog:
Global Forex BlogTidsstämpel: 2010-07-26 09:33
Taggar:
bank,
currency,
currency trading,
dollar,
economy,
forex,
forex trade,
forex trading,
fx market,
market,
point,
report,
trading
"Among central banks holding interest rate meetings in the final week of July, those in India and New Zealand seems inclined to tight 25 basis points, while those in Poland and Israel are expected to l..."
"EUR/USD trend: buy.
GBP/USD trend: buy.
USD/JPY trend: buy.
EUR/JPY trend: buy.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"After two 25-basis point hikes of the Bank of Canada overnight interest rate target, such stands currently at 0.75%, a level that still represents considerable stimulus. One infers from tables i..."
"After two 25-basis point hikes of the Bank of Canada overnight interest rate target, such stands currently at 0.75%, a level that still represents considerable stimulus. One infers from tables i..."
"Policymakers at the Central Bank of Brazil, known as COPOM, lifted their key Selic rate for a third time but by a lesser 50 basis points to 10.75%. Analysts were predicting a move of 75 basis po..."
"Policymakers at the Central Bank of Brazil, known as COPOM, lifted their key Selic rate for a third time but by a lesser 50 basis points to 10.75%. Analysts were predicting a move of 75 basis po..."
"In follow-up to a first 25-basis point rate increase on June 1, Canada?s overnight rate target was lifted by another 25 basis points to 0.75%. The move was widely forecast, and analysts were mos..."
"In follow-up to a first 25-basis point rate increase on June 1, Canada?s overnight rate target was lifted by another 25 basis points to 0.75%. The move was widely forecast, and analysts were mos..."
"As expected, the Bank of Canada announced it was raising the benchmark lending rate by 25 basis points to 0.75 percent. This is the second increase in the past two months and comes as the Canadian eco..."
"Disappointing earnings from Goldman Sachs and IBM are expected to send North American stock markets into negative territory at this morning’s open. A weaker-than-expected housing starts report i..."
"How soon can euro hold on to $1.30?The euro is looking to find support at the 1.30 level, but first it has to hold on to that level. Earlier today, the euro did break through the psychologically impor..."
"Forex Trading involves high risks, with the potential for substantial losses and is not suitable for all persons. Past performance is not necessarily indicative of future results.USD: Expect More Hous..."
Blog:
Global Forex BlogTidsstämpel: 2010-07-20 08:58
Taggar:
announcement,
bank,
bull,
currencies,
currency,
currency trade,
dollar,
dollar trading,
economy,
financial,
forex,
forex market,
forex trading,
gold,
hedging,
market,
point,
pound,
real estate,
report,
trading
"The Canadian dollar ? AKA the ?loonie? – opened higher Monday as expectations grow that the Bank of Canada will raise rates later this week. On Friday, the loonie fell to 94.52 US cents, it?s lo..."
"Wall Street futures point to a higher open on Monday as stocks appear set to recover from Friday’s sell-off. This week, 12 Dow components and 122 S&P 500 companies are set to report quarter..."
"Euro heads higher in forex tradingMany forex traders got a bit of a surprise today when the euro moved higher in forex trading against the U.S. dollar. This is because many expected the euro to weaken..."
"The Mexican overnight interbank funding rate, 4.5% since July 2009, was left unchanged as expected on Friday. The rate was reduced in total by 375 basis points last year. The Mexican econo..."
"EUR/USD trend: sell.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"A 2.9% plunge in the Nikkei, its worst session in nearly six weeks, led a difficult day for Pacific Rim equities. Weakness in stocks reflected yesterday?s poor indications of U.S. manufacturing..."
"Several Asian central banks, but not yet Bangko Sentral NG Pilipinas, have started to raise their interest rates. The Filipino overnight borrowing and lending rates were left at 4% and 6%, respe..."
"By a unanimous 9-0 vote, the fully-staffed BOJ Policy Board kept its overnight uncollateralized interest rate at 0.1% and promised to maintain an ?extremely accommodative financial environment? to com..."
"No changes are anticipated from the monthly meeting of the BOJ?s Policy Board on Wednesday and Thursday. Because rates were already very low, officials implemented only 40 basis points of cuts t..."
"Interest rate normalization has begun in yet another Asian economy. The Bank of Thailand had delayed that decision because of domestic political unrest. But officials now conclude that any..."
"Moody?s paranoia of being forgotten decided to downgrade Portugal two notches to A1 this morning. This has given the Euro-zone sovereign debt crisis top-billing again, surpassing the disappointing ZEW..."
"We have had a number of requests to do a video on Fibonacci
Retracements and how they can be used in trading.
I put together this five minute lesson on Fibonacci trading and
how I us..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Statistics Canada reported this morning that more than 93,200 jobs were created in the Canadian economy in June. This far surpasses the estimate of 15,000 new jobs. The result brought Canada’s n..."
"Bowing to the reality of a strong domestic recovery — real GDP grew in the first quarter by over 8% both from 4Q09 annualized and from 1Q09 — the Bank of Korea finally implemented a rate i..."
"A statement from monetary officials following today’s third straight monthly increase of 25 basis points in the reference lending rate deleted the prediction contained in the May and June rate h..."
"Following up on similar moves announced March 4 and May 13, Bank Negara Malyasia hiked its overnight policy rate by 25 basis points to 2.75%. In doing this, the central bank has now reversed hal..."
"The Governing Council will leave its interest rate settings unchanged. The refinancing rate has been 1.0% since May 2009 and will remain at that level into 2011. At Thursday’s monthl..."
"Oil prices are expected to rise today on speculation that reserves, particularly in the US, declined this month. The increase is expected to lift Canada’s main stock exchange – the TSX ..."
"The Reserve Bank of Australia Official Cash Rate (OCR) was retained at 4.5% for a second straight monthly meeting. Six previous increases of 25 basis points each were implemented in October 2009..."
"Forex trading with world currenciesYesterday, risk appetite was hard to find as the U.S. dollar saw a bit of a bounce. Even though U.S. markets were closed yesterday, the currency market was open, and..."
"The Shanghai composite index has closed at a 15-month low after data pointed to slowing growth and rising inflation.
The index dropped 19 points or 0.8% to 2,364 at the end of trading, its lowest clos..."
"ZuluTrade has announced that its collaborating with a new forex broker, AAAFx. AAAFx is directly integrated with the ZuluTrade Platform and is ZuluTrade’s best choice..."
"EUR/USD trend: hold.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: hold.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Because of the U.S. Independence Day observance on Monday, investors will have to wait an extra day to see if the DOW’s losing streak is extended to seven consecutive sessions (and ten of the la..."
"The point differential between the U.S. and euro area factory purchasing manager indices narrowed 3.6 points to +0.6 in June, the least U.S.-advantageous spread since December 2008. Sooner or la..."
"The Nikkei lost another 2.0% to 9192. Japanese stocks have plunged 10.2% since June 21 and 18.5% since April 15, roughly reversing half the prior recovery from the low in early March 2009. ..."
"Greenback drops on the fundamentalsThe fundamentals are finally coming into focus for the U.S. dollar in forex trading, and the picture isn't pretty. The greenback is dropping as forex traders look fo..."
Blog:
Global Forex BlogTidsstämpel: 2010-07-01 12:14
Taggar:
dollar,
forex,
forex trade,
forex trading,
fx market,
home sales,
investment,
market,
point,
pound,
report,
trading
"Alpari US just announced the appointment of Daniel Skowrosnki as its new CEO. Daniel however will relocate to London later this year, probably to manage whole Alpari Group’s institutional busine..."
"Alpari US just announced the appointment of Daniel Skowrosnki as its new CEO. Daniel however will relocate to London later this year, probably to manage whole Alpari Group’s institutional busine..."
"Credit policy in Romania was left on hold as expected. It had been in easing mode until early last month. Policymakers had cut their key interest rate five times by a combined 225 basis po..."
"Narodowy Bank policymakers are keeping the central bank reference rate at 3.5%. A year has now gone by since the last of six rate reductions. The first of these in November 2008 and final..."
"All traders go through a phase in their trading life where they just seem to be stuck. You can?t get out. You feel as though something is holding you back, but can?t pinpoint exactly what it is. Linds..."
"Dollar lower as euro gains in forex tradingThe U.S. dollar is faltering in currency trading on the FX market today. The euro is gaining today as a little more optimism comes out. However, there is a p..."
Blog:
Global Forex BlogTidsstämpel: 2010-06-30 10:20
Taggar:
consumer confidence,
currency,
currency trading,
dollar,
economy,
forex,
forex trade,
forex trading,
fx market,
market,
point,
trading
"Risk appetite makes an appearanceThe euro is seeing gains in forex trading today, as risk appetite makes a small appearance. Yesterday, risk aversion was the story, but it appears that forex traders a..."
Blog:
Global Forex BlogTidsstämpel: 2010-06-30 10:14
Taggar:
currency,
currency trading,
dollar,
employment,
forex,
forex market,
forex trade,
forex trading,
market,
point,
pound,
trading
"For a third straight month, the Bank of Israel decided not to implement a fifth rise of the short-term borrowing rate. Such remains at 1.5%, after 25-basis points implemented last August, Novemb..."
"One of the expected sticking points at the G20 this past weekend in Toronto, was the growing tension between the need to continue to provide stimulus for the global economy, while still addressing gro..."
"Major currencies mostly ragebound so farFor the most part, major currencies are largely rangebound at this point today. Risk has made a small appearance, but it has been unable to maintain. As a resul..."
Blog:
Global Forex BlogTidsstämpel: 2010-06-28 09:44
Taggar:
currencies,
currency,
currency trading,
dollar,
forex,
forex trade,
forex trading,
fx market,
market,
point,
pound,
trading
"EUR/USD trend: sell.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: hold.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Wednesday will mark the end of a quarter and the mid-point of 2010. Canada celebrates Canada on Thursday, and dealing rooms will close early on Friday in the U.S. for the Independence Day weeken..."
"Taiwan became Asia’s sixth country to endure a rate increase. The 12.5 basis point increase in the discount rate to 1.375% reverses the final of seven reductions engineered between Septemb..."
"U.S. dollar finds some strength in forex trading on risk aversionYesterday, the Fed issued its policy statement about the economy. Just a couple of months ago, the statement appeared almost optimistic..."
Blog:
Global Forex BlogTidsstämpel: 2010-06-24 10:02
Taggar:
currency,
dollar,
economy,
employment,
financial,
forex,
forex trading,
market,
point,
report,
trading
"One source of the dollar’s strength against the euro since late November has been a perception that the Fed will begin raising interest rates well ahead of the ECB. If this premise w..."
"In response to concerns about tighter Chinese policies and Europe’s sovereign debt problems, the global environment looks riskier than when the FOMC last met in late April, and that cloud is ref..."
"Sedlabanki has implemented the fourth rate cut of 50 bps this year and the tenth reduction since March 2009. The seven-day lending rate is now 8.0%, 1000 basis points lower than such had been fr..."
"As expected and following an unexpected easing on May 7 of 25 basis points, the CNB retained a 0.75% target for its two-week repo, flanked by a discount rate of 0.25% and a Lombard Rate of 1.75%. ..."
"One of the greatest uncertainties faced by policymakers concerns whether economies that are now recovering can tolerate fiscal restraint. Expert opinion is divided on this question, and historic..."
"Fed may soften some of its forecast factors for the U.S. economyThe U.S. Federal Reserve Open Market Committee begins a two-day policy meeting today, and there is speculation about what will come out..."
Blog:
Global Forex BlogTidsstämpel: 2010-06-22 10:26
Taggar:
currency,
dollar,
economy,
financial,
forex,
forex trading,
market,
point,
rate,
report,
retail sales,
trading
"New tool to offer real-time trade signals for short-term currency tradersGRAND RAPIDS, Mich., June 21, 2010 – GFT has introduced Autochartist Trade Ideas, a new, complementary application that h..."
"Forex trading on the currency marketIndividuals cannot trade the yuan on the forex market. However, what happens with the Chinese yuan can influence other currencies. This is happening today as the wo..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"In yesterday’s White House briefing, US Vice President Joe Biden called for continued stimulus spending to ensure the early signs of recovery continue to gather strength. Biden also pointed out..."
"Bank of Canada Governor Mark Carney said yesterday that just because the Bank recently raised interest rates by a quarter point, that does not mean that further rate hikes are “preordained”..."
"The US Labor Department announced that the number of new claims for jobless benefits unexpectedly rose by 12,000 last week to a total of 472,000 new claims. These latest results lend further credence..."
"The 0.25% target for 3-month Swiss Libor within a 0.0-0.75% range has been extended for another three months. This decision was expected. In response to the world and domestic recession, t..."
"According to the US Federal Reserve, production rose 2.1 percent in May with manufacturing and mining leading the surge. Factory production was the largest contributor to the increase, gaining 0.9 per..."
"The key overnight Central Bank of Chile interest rate was doubled to 1.0% on Tuesday. The 50-basis point increase was greater than analysts were assuming. An increase this month had been s..."
"Officials denied market rumors of a big aid package being forged for Spain. German 10-year bund yields rose 3 basis points, and spreads of Spanish, Portuguese, and Greek sovereign debt yields ab..."
"In the midst of the Eurozone debt crisis, forex investors have largely stopped paying attention to interest rate differentials and focused the brunt of their attention on risk. Soon enough, however, t..."
"The Bank of Japan after a two-day, six-hour and 11-minute meeting
Voted 8-0 to keep the uncollateralized overnight call rate at 0.1% where such has been since December 2008. In contrast to mult..."
"Moody’s announced a four-step downgrade of Greek debt from Ba1 to junk status, A3. The 10-year Greek-minus-German yield premium widened 35 basis points to more than 600 basis points. ..."
"James Bullard, President of the St. Louis Federal Reserve Bank, told conference attendees in Tokyo that, despite the European debt crisis, the outlook for the global economy is “strong”.
&..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: hold.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"The Bank of England announced today that it will keep the overnight lending rate at 0.5 percent. With the turmoil in Europe threatening to impact the modest recovery underway in England, it came as no..."
"Currency trading with EUR/USDThe euro is finding some solid support in forex trading on the currency market today. The U.S. dollar, no longer needed as a safe haven currency, is feeling downward press..."
"The Reserve Bank of New Zealand (RBNZ) raised its Official Cash Rate (OCR) to 2.75% from 2.5%, which had been the OCR level since a 50-basis point cut in April 2009. Most but not all analysts anticip..."
"Euro continues to struggling in forex tradingEven though the euro is higher in forex trading against the U.S. dollar today, the 16-nation currency continues to struggle. The euro remains below the 1.2..."
Blog:
Global Forex BlogTidsstämpel: 2010-06-08 09:51
Taggar:
currency,
currency trading,
dollar,
economy,
forex,
forex market,
forex trading,
market,
point,
report,
trade balance,
trading
"Stock markets in Asia and Europe opened lower Monday as investors paused to reflect on the possibility of a “second-dip” recession. The FTSE 100 declined by 1.6% in its opening minutes, wh..."
"EUR/USD trend: sell.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Euro plunges in currency tradingLast week, the euro showed some fight in forex trading, even reaching $1.25 at one point. However, as this week draws to a close, the euro is more battered than ever, t..."
Blog:
Global Forex BlogTidsstämpel: 2010-06-04 10:55
Taggar:
currency,
currency trading,
dollar,
employment,
forex,
forex trade,
forex trading,
market,
point,
rate,
trading
"U.S. dollar gains in forex tradingIn May, non-farm payrolls increased by 431,000 jobs. Unfortunately, only about 41,000 of those jobs came in the private sector. Most of the May hiring was government..."
"At this point this list only includes Bank broker dealers and not retail forex brokers however I suspect this will change soon enough. Such body might have been able to influence the NFA/CFTC decision..."
"Following yesterday’s gain of 225 points in the Dow Jones Industrial Average, a rise in stock futures this morning points to the possibility of a second consecutive day of gains in US stock mark..."
"It came as no surprise that Indonesia’s key interest rate was held steady. It’s been at 6.5% since August 2009 after nine consecutive monthly reductions totaling 300 basis points...."
"One day after the Bank of Canada boosted the overnight lending rate to 0.5 percent from 0.25 percent, a survey assessing the mood of small businesses shows increasing confidence. The index, published..."
"Thailand’s policy interest rate has been at 1.25% since a 25-basis point cut in April 2009, which followed reductions of 100 bps in December 2008, 75 bps in January 2009 and 50 bps in February 2..."
"The purchasing manager indices fell in May by 1.8 points in Euroland but just 0.7 points in the United States. The differential between those two readings increased 1.1 points as a result to its..."
"Bank of Canada increases overnight rate target to 1/2 per cent and re-establishes normal functioning of the overnight market
The Bank of Canada today announced that it is raising its target for the ov..."
"The Reserve Bank of Australia left its Official Cash Rate (OCR) at 4.5%, matching analyst expectations. Officials had dropped many hints that policy is now on pause. There had previously b..."
"Currency trading with EUR/USDRisk aversion is high on the news out of Europe today. French debt is in danger of a downgrade, and numbers out of Germany regarding employment are disappointing. On top o..."
Blog:
Global Forex BlogTidsstämpel: 2010-06-01 09:49
Taggar:
currency,
currency trading,
dollar,
employment,
forex,
forex trade,
forex trading,
gold,
market,
point,
report,
trading
"Interest rates expected to remain steadyThe Australian dollar is turning lower in currency trading on the FX market today as interest rates are expected to remain steady for some time. Today, RBA Gove..."
Blog:
Global Forex BlogTidsstämpel: 2010-06-01 09:29
Taggar:
aussie,
currency,
currency trading,
dollar,
economy,
forex,
forex trading,
fx market,
inflation,
market,
point,
rate,
report,
trading
"Hungary’s key interest rate was not cut further. A streak of ten consecutive monthly policy rate reductions by the Magyar Nemzeti Bank was interrupted in May as analysts thought would happ..."
"The minutes from the May Reserve Bank monetary policy meeting expressed concern about Europe’s sovereign debt crisis but more importantly signaled that interest rates are now “well placed..."
"EUR/USD trend: buy.
GBP/USD trend: buy.
USD/JPY trend: hold.
EUR/JPY trend: buy.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"U.S. dollar drops in currency tradingThe euro is gaining in forex trading today, thanks to news out of China. Yesterday, financial markets were thrown into turmoil as rumors surfaced that the Chinese..."
Blog:
Global Forex BlogTidsstämpel: 2010-05-27 11:53
Taggar:
currency,
currency trading,
dollar,
financial,
forex,
forex trade,
forex trading,
fx market,
market,
oil,
point,
trading
"Euro forex trading forecastThe euro continues to lose ground in forex trading. Even though the OECD is reporting an improved forecast for economic growth in 2010 and 2011, the euro is not gaining. Con..."
"As expected, the Narodowy Bank’s key reference interest rate was kept at 3.5%, its level June 2009. A 25-bp rate cut back then culminated a six-step easing from a prior cyclical high of 6..."
"Stocks plummeted overnight by 3.5% in Hong Kong, 3.7% in Indonesia, 3.1% in Japan and Thailand, 3.2% in Taiwan, 2.8% in South Korea, 2.7% in India, and 1.9% in New Zealand and Malaysia. In Europ..."
"Israel began the process of gradually returning to normal short-term interest rates nine months ago. The central bank was the first to raise rates after the world recession. While raising..."
"Chinese leaders assert themselves in terms of yuan re-valuationOne of the sticking points between the U.S. and China is the value of the yuan. The Chinese keep the yuan low against the U.S. dollar in..."
"EUR/USD trend: hold.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: hold.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Officials at the National Bank of Serbia left the two-week repo rate at a record low of 8.0% at today’s fortnightly policy meeting. Three cuts of 50 basis points apiece have already been i..."
"Euro makes an attempt at gains early in the U.S. sessionThe euro is weak in forex trading, dropping down solidly below the 1.25 level. An attempt at recovery is being made right now, with the euro gai..."
Blog:
Global Forex BlogTidsstämpel: 2010-05-17 10:30
Taggar:
currency,
currency trading,
dollar,
financial,
forex,
forex trading,
fx market,
inflation,
market,
point,
trading
"EUR/USD trend: hold.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: hold.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Butterfly patterns complete at extensions of XA and BC so point D is the highest/lowest point of the pattern, whereas Gartley pattern completion at a retracement of XA so point D falls within the XA l..."
"U.S. dollar strength increases in currency tradingThe euro continues to fall in forex trading as the news out of the euro zone prompts risk aversion. Indeed, the euro looks to be in rough shape right..."
Blog:
Global Forex BlogTidsstämpel: 2010-05-14 11:33
Taggar:
bank,
currency,
currency trading,
dollar,
finance,
forex,
forex trading,
fx market,
market,
point,
report,
trading
"The Central Bank of Chile’s monetary policy interest rate has been only 0.5% since July 2009. It fell by 775 basis points via seven consecutive reductions after meetings between January an..."
"Bank Negara Malaysia implemented its second overnight policy rate hike of 25 basis points today. The first move was on March 4. Three cuts earlier cuts were made of 25 bps in November 2008..."
"In my last post, I reported that the markets were incredibly bearish on the Euro, due to concerns that the Greek debt crisis could neither be mitigated nor contained. By following up on this report wi..."
"The Bank of Korea holds monthly interest rate policy meetings and made no change in the 2.0% base rate for a fifteenth straight time. Three successive cuts of 100 basis points, 175 bps and 50 bp..."
"Portugal sold 1 billion euros ($1.3 billion) of 10-year bonds, getting more demand than at previous auctions, as it benefited from the European Union?s unprecedented aid plan for the region?s most ind..."
"By a unanimous decision in the Bank of Japan’s first policy meeting since its quarterly in-depth economic review, the overnight money rate target was left at 0.1%. It has been at that leve..."
"EUR/USD trend: sell.
GBP/USD trend: hold.
USD/JPY trend: hold.
EUR/JPY trend: hold.
GBP/JPY trend: hold.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"The Central Reserve Bank of Peru lifted its reference rate for the first time since September 2008. The increase, like then, was by 25 basis points today to 1.50%, still 500 basis points below t..."
"After gaining some ground, euro moves lower in currency tradingEuro is pulling back in forex trading today, heading lower after a brief reprieve. Earlier in currency trading, the euro regained some gr..."
"The Czech National Bank two-week repo rate was sliced for the first time in five months by 25 basis points to 0.75%. Many analysts thought the risk of Greek contagion would have deterred such a..."
"U.S. dollar retains strength in currency tradingThe euro forex trading forecast remains somewhat bleak, with troubles in Europe refusing to subside. The ECB announced that it would leave interest rate..."
"The Norges Bank implemented a third 25-basis point rise of its key central bank policy rate to 2.0%. Analysts had been split over whether this would be done today, and officials released a state..."
"Nine consecutive monthly rate reductions from December 2008 to August 2009 totaled 300 basis points, and now nine months have passed without a change in the rate’s 6.5% level. A released s..."
"Sedlandi Bank, Iceland’s central bank, has implemented another 50-basis point reduction of the seven-day collateralized lending rate to 8.5%. Prior cuts of the same amount were announced o..."
"The National Bank of Romania cut its policy interest rate to 6.25% from 6.5% as expected. The 25-basis point magnitude of this ninth easing since February 2009 matches the size of the first move..."
"Following 25-basis point increases of the Reserve Bank of Australia’s Official Cash Rate (OCR) last October, November, December, March and April, a sixth tightening of equal magnitude was announ..."
"Risk aversion rules forex market, thoughThe Reserve Bank of Australia hiked its interest rate again, continuing its aggressive attempts to stem the tide of inflation. Australia's economy gets regular..."
Blog:
Global Forex BlogTidsstämpel: 2010-05-04 10:42
Taggar:
bank,
currencies,
dollar,
economy,
forex,
forex market,
forex trade,
inflation,
investment,
market,
point,
rate
"In the case of the Reserve Bank of Australia, data trends tend to be a better guide than spoken words to monetary policy decision-making. The central bank cash rate was previously raised by 25 b..."
"Activity in manufacturing was robust last month in both the United States and euro area according to their respective purchasing manager surveys. In a scale where readings above 50 connote incre..."
"Despite the weekend deal that will see Greece meet its upcoming debt repayments, futures traders are still beating against the euro. Large speculators remain pessimistic about the future value of the..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"The Bank of Japan kept its uncollateralized overnight call rate target at 0.1%, the level since December 2008, and released a new Outlook for Economic Activity and Prices. Projected real GDP gro..."
"Greenback lower on economic reportThe U.S. dollar is weakening in currency trading on the FX market today. The greenback is lower in forex trading on the most recent economic report. Even though Quart..."
Blog:
Global Forex BlogTidsstämpel: 2010-04-30 11:23
Taggar:
analysis,
currency,
currency trading,
dollar,
forex,
forex trading,
fx market,
gold,
market,
point,
report,
trading
"New Zealand’s official cash rate (OCR) has been at 2.5% for a full year since a 50-basis point cut in April 2009. The decision to leave the OCR at 2.5% met expectations, but the statement..."
"COPOM, the monetary policy committee at the Central Bank of Brazil, raised its key Selic interest rate from a record low of 8.75% to 9.5%. Analysts were unanimous in projecting an increase but s..."
"The key seven-day reference interest rate of the Narodowy Bank has been at 3.5% since a 25 basis point reduction in June 2009. That was the sixth cut since November 2008 and brought the cumulati..."
"As Francesc points out today, Trevor Crook Cook, who is charged with bilking investors out of at least $190 millions, says he filed a claim against Crown Forex, S.A. for $67 million in investor funds..."
"No surprise there for me. A person called Shahid sent me an email probably to try and get me being AVS’s IB but the wording itself as well as the company’s website (www.avscarter.com) just..."
"Contrary to the view of some analysts, the Bank of Israel’s short-term borrowing rate was not raised today by a further 25 basis points but rather left steady at 1.50%. Only Australia̵..."
"The Magyar Nemzeti Bank implemented the 14th cut of its base rate since November 2008 and tenth since July 2009. The decrease of 25 basis points to 5.25%matched expectations and was the fifth co..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Greece has requested the activation of the EU and IMF bailout in what could become the biggest challenge the Eurozone has faced as more countries could enter into the same aid seeking scenario. The r..."
"The 32-page quarterly policy report from Canada’s central bank reiterates many points made two days ago in the post-meeting policy announcement. But a number of additional revelations were..."
"At the third of eight scheduled monetary policy meetings in 2010, the Bank of Canada took three actions, the gist of which points to an initial rate hike getting announced on June 1 after the next mee..."
"Kathy Lien offers three items that will likely check marketsRisk appetite is making an appearance again, and that has some of the high beta currencies moving higher. Investors are looking for increase..."
Blog:
Global Forex BlogTidsstämpel: 2010-04-20 14:15
Taggar:
currencies,
economy,
financial,
forex,
forex market,
gold,
investment,
market,
point,
spread,
trading
"India, Asia’s third largest economy, has an intensifying inflation problem. In response, the Reserve Bank of India (RBI) lifted its key lending and borrowing rates on March 19 by 25 basis..."
"Another conversion from MT4 to MT5 is presented to you today. It’s a TzPivots indicator that can display daily pivot points (several types), support and resistance levels and..."
"The interest rate gap for Greek bonds – that is, the difference demanded for Greek bonds compared to the German equivalent – jumped again on Thursday. The spread between a Greek 10-year bo..."
"I have always wanted to write a post about seasonality, but whenever push came to shove, I couldn’t see the point. Besides, I was never sure whether seasonality falls into the scope of technical..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"U.S. dollar could remain weak in forex trading in the futureThe U.S. debt situation is likely to contribute to inflation in the coming years, potentially weakening the U.S. dollar in forex trading. Fo..."
Blog:
Global Forex BlogTidsstämpel: 2010-04-16 10:50
Taggar:
bank,
currency,
currency trading,
dollar,
economy,
forex,
forex trading,
fx market,
inflation,
market,
point,
rate,
report,
trading
"It took just four days for concerns about Greek debt to roar back. A third of the post-aid package decline in Greek two-year yields has been reversed, and the Greek-German ten-year spread again..."
"For the third straight day, Greece was forced to increase the yield on 10-year bonds today, raising yields to 7.034 percent, up from 6.815 percent on Tuesday, and 6.637 percent on Monday. The spread w..."
"The Central Bank of the Republic of Turkey had a target overnight borrowing rate of 16.75% as late as October 2008. Thirteen consecutive monthly reductions later, it was 1025 basis points lower..."
"As I pointed out in last Friday’s post (Volatility, Carry, Risk, and the Forex Markets), volatility has been declining in forex markets since peaking after the collapse of Lehman Brothers. In fa..."
"Australian business confidence held in March close to its highest level in almost eight years as companies reported a surge in forward orders that suggests the economy is weathering higher central ba..."
"EUR/USD trend: hold.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: hold.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"After cutting its key monetary policy rate by 100 basis points in August 2008, 175 bps in December 2008 and 50 bps in February 2009, the Bank of Korea will continue to run that very accommodative rate..."
"The U.S. service-sector purchasing managers index rose 2.4 points to 55.9, while its Euroland counterpart almost matched that impressive gain step-for-step with a 2.3-point advance to 54.1. Both..."
"Oil prices have gained 24 percent in the past two months and are now closing in on $87 barrel. This is the highest oil has been in a year and a half and there is little doubt that investors believe th..."
"The Reserve Bank of Australia became the first central bank to lift interest rates five times since the world recession, engineering a 25-basis point increase for the the fifth time in the last six me..."
"The dollar jumped 0.9% against sterling and 0.6% against the euro and Swissy. Sterling was hurt by an ICM poll giving the Tories only a 4 percentage point lead over Labour, thus suggesting a hun..."
"The Reserve Bank of Australia has begun a gradual process of normalizing its key Official Cash Rate, having raised such last October, November, December, and March by 25 basis points each time. ..."
"After taking a long weekend away from the oil markets, investors jumped aboard the oil band wagon with a vengeance, pushing prices to the brink of $86 a barrel.
“The market was positive before b..."
"A rally in commodities and has helped push the Canadian dollar to just over half a cent from parity with its US counterpart. At one point on Monday, the Canadian dollar reached CA$1.0051 US dollars or..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: sell.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"The euro’s first-quarter range of $1.4882 – $1.3268 lay entirely within calendar 2009’s high-low boundaries of $1.5144 and $1.2458. Until a week ago, euro momentum had been adv..."
"Last week we raised the question of what the Swiss National Bank is waiting for and why they haven’t intervened. In that article we said “Everyone has an uncle point and for the SNB there..."
"Manufacturing expanded robustly and at an accelerated pace last month in both Euroland and the United States. Euroland’s purchasing managers index advanced 2.4 points to 56.6, best since N..."
"The Bank of Japan’s Tankan index – a survey of Japanese manufacturers used to gauge business confidence – suggests that the confidence of Japan’s business community is at its h..."
"There?s been a willingness to want to edge away from the dollar and take a bit more risk after some of the data we witnessed from Asia and Europe in the O/N session. However, a holiday shortened week..."
"The Bank of Japan quarterly survey of businesses, known as the Tankan, depicted significantly better conditions than three months ago. The readings were also higher than predicted in the Decembe..."
"Private payroll services company ADP, released its monthly unemployment report which showed that companies in the US reduced payrolls by 23,000 in March. This figure differs wildly from a survey of ec..."
"German labor data helps the euro in forex tradingThe euro is gaining in forex trading as German labor data comes back strong. This news is helpful to a euro zone that has been looking for good news si..."
"After a dramatic decline of nearly 11 points in February’s Consumer Confidence reading, American’s confidence in the economy jumped just over 6 points in March to 52.2. The Consumer Confid..."
"Currency trading on the FX marketThe sterling and the euro are both continuing their recovery in forex trading on the currency market. Indeed, both are showing signs of life as economic data points to..."
"The Bank of Israel raised its key borrowing rate to 1.5% from 1.25% as expected. In doing so, Israel joined Australia as the only economies with four rate hikes so far, and all four moves..."
"Greece is preparing its first bond offering since the European Union agreed to provide financial assistance to help the troubled nation deal with its staggering debt load. The seven-year bonds will ca..."
"EUR/USD trend: hold.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: hold.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Bank Rossii implemented another 25-basis point cut of its one- and seven-day repo rates, this time to 7.25%, and its refinancing rate to 8.25%. These were the twelfth cuts since April 2009. ..."
"The two-week repo rate was left at 1.0% by a 4-2 vote. Unlike a unanimous decision on February 4 to keep policy stable, today’s meeting saw two policymakers dissent in favor of a 25-basis..."
"The South African Reserve Bank (SARB) cut its repo rate to 6.5% from 7.0% in a move that was not foreseen by analysts. Since the prior rate hike last August, which also was by 50 basis points, t..."
"The sale of new homes declined 2.2 percent in February, falling to the lowest point since records were first kept starting in 1963. A series of severe winter storms that kept potential buyers away is..."
"The key policy rate of the Norges Bank, which was raised 25 basis points each last October and December but not at last month’s meeting, was again kept at 1.75%. Most analysts expected no chang..."
"Month and a half ago I published that I was disappointed with the US traders as in my opinion 5,500 comments (most of them probably very much against the proposal) are much less than what I had expect..."
"There are many obstacles that prevent most traders that have an excellent trading plan from following it properly. Almost all of these factors are psychological.Review: Following the Plan Let's say yo..."
"Mexico’s key central bank interest rates has been at 4.5% for the past eight months after cuts last year from a peak of 8.75% of 50 basis points in January, 25 bps in February, 75 bps each in Ma..."
"EUR/USD trend: hold.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"February 5th has become an important reference point for world financial markets. For one thing it was a Friday. Because currency trading is a 24-hour per day game, Friday closing levels p..."
"Turkey experienced one of the world’s sharpest drop in central bank interest rates. For 13 consecutive meetings starting with a 50-basis point reduction in November 2008 and ending with a..."
"As expected, no changes were announced in the Central Bank of Sri Lanka’s 7.5% repo rate or its 9.75% reverse repo rate. Those key interest rates were reduced by 300 basis points and 225 b..."
"The Office for National Statistics (ONS) announced today that unemployment in the UK fell by 33,000 during the three months ending in January to 2.45 million, or 7.8 percent. The number of people seek..."
"The eighth Icelandic rate cut in twelve months was announced today, reducing the seven-day lending rate by a further 50 basis points to 9.0%, exactly half of the peak level from October 2008 to March..."
"U.K. pound higher in currency tradingThe sterling continues its rally in forex trading on the currency market today, thanks in part to an improvement in risk appetite. Commodity currencies are higher..."
Blog:
Global Forex BlogTidsstämpel: 2010-03-17 08:07
Taggar:
currencies,
currency,
currency trading,
dollar,
economy,
employment,
forex,
forex trading,
gold,
market,
oil,
point,
pound,
trading
"Aussie in currency trading on the FX marketThe Australian dollar is moving higher in forex trading today as gold prices gain. Gold prices are moving higher as the Fed expresses its belief that the lab..."
Blog:
Global Forex BlogTidsstämpel: 2010-03-17 07:59
Taggar:
aussie,
currency,
currency trading,
dollar,
economy,
forex,
forex trading,
fx market,
gold,
market,
point,
trading
"There are a few reasons why forex traders should be nervous today, but we believe that the rally in the U.S. dollar is a reflection of the market?s hope that the Fed will come through tomorrow by grow..."
"Despite American claims that China’s refusal to allow the yuan to appreciate risks the global recovery, China?s Premier Wen Jiabao made it that China has no intention of allowing the yuan to inc..."
"We were so close to changing the record after Friday?s US data. However, again we are doomed to listen to the same issues driving Capital Markets this morning. Chinese Premier Wen said he ?opposes cou..."
"EUR/USD trend: buy.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: hold.
GBP/JPY trend: hold.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"European Union insiders say that EU finance ministers will meet next week to determine a plan of action for providing funds to help Greece cover its widening deficit. Discussions will be held to debat..."
"Peru’s central bank reference interest rate was left by officials at 1.25% after this week’s policy meeting. It has been at that level since a 75-basis point reduction last August...."
"It’s not just Europe and Asia which have experienced milder labor market recessions than the United States. So has America’s neighbor to the north.
Between February 2009 and February..."
"Bangko Sentral Ng Pilipines will reduce the peso rediscounting budget from P60 billion to P40 billion but has left its key borrowing and lending rates steady at 4.0% and 6.0%, their respective levels..."
"South Korea’s Monetary Policy Committee kept its key interest rate at 2.0% as expected. Cuts totaling 100 basis points in August 2008, 175 bps in December 2008 and 50 bps in February 2009..."
"Kathy Lien - The U.S. labor market report was released this morning and the data was much better than everyone had anticipated. Who Has Lost More Jobs - Men or Women?By: Kathy Lien The U..."
"The Royal Bank of Canada – the country’s largest financial institution – released a report today predicting that Canada’s economy will grow by 3/1 percent this year, followed b..."
"The Official Cash Rate of New Zealand was left at 2.5%, where it has been since April 2009. After New Zealand entered a five-quarter recession in the first quarter of 2008, 575 basis points of r..."
"Though technically still entrenched within a sideways consolidation, AUD/USD (a daily chart of which is shown) has displayed a marked bullishness since the early February low. This bullishness has pro..."
"The Bank of Thailand left its benchmark interest rate at 1.25%, the level since a 25-basis point cut last April 8. Prior cuts of 100 bps, 75 bps, and 50 bps had been implemented in December 2008..."
"The second interest rate policy meeting of 2010 is being held this week, and an announcement to retain the officials cash rate at 2.5% is expected around 20:00 GMT on Wednesday. The key rate has..."
"He will be appointed as Chief Executive Officer of CLS Group and President and CEO of CLS Bank International, effective 30 June 2010 on the retirement of Rob Close after nine years with CLS. This exec..."
"I warn of long bars near the completion of a pattern in nearly every trade I put on fx360.com. The reason for this is that they are the number one signal that a pattern is likely to fail. Of course, s..."
"You probably already know that 90% of Forex Traders do NOT profit consistently, or even close to it.
And if you can’t profit consistently in Forex, what’s the point of throwing your money..."
"U.K. pound can't remain above 1.50 in forex tradingThe sterling is continuing its downward spiral in currency trading, after a gallant attempt at gains. However, the British currency just can't seem t..."
Blog:
Global Forex BlogTidsstämpel: 2010-03-09 09:09
Taggar:
currency,
currency trading,
economy,
forex,
forex trading,
gold,
market,
oil,
point,
pound,
trading
"Will the yen appreciate in March?For some reason, many forex traders believe that March is, seasonally, a good month for the Japanese yen against the U.S. dollar. The main reason is that March is at k..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: buy.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Currency movements continue to be choppy and mixed from the standpoint of a dollar holder. So far this past week, the greenback recorded gains of more than 1.0% against sterling and the yen but..."
"Japanese yen performance in forex trading depends on U.S. dataRight now, the current USD/JPY rally is expected to peter out. Which is unfortunate from the viewpoint of the Japanese, who like to have t..."
"Bank Negara Malyasia today raised its overnight policy rate for the first time since April 6, 2006. From a 2.5-year peak of 3.5%, such had been cut by 20 basis points in November 2008, 75 bps in..."
"Indonesian monetary policy will remain steady as expected. The policy rate has been at 6.5% since 300 basis points of easing between December 2008 and August 2009 were completed. No increa..."
"Tomorrow?s Friday?s Non-Farm Payroll (NFP) countdown has started with yesterday?s ADP (Automatic Data Processing) Non-Farm Employment Change release at 8:15am EST. Most people regard this as the main..."
"Citing strong “domestic demand growth” – tempered by a robust Canadian dollar and weak demand for exports in the United States continuing to act as “significant drags” on..."
"A new statement from Bank of Canada policymakers is more noteworthy for three dovish points from earlier statements that were deleted. They are
Any mention of term Purchase and Resale Agreement..."
"Hi!
Have you been seeing those mega moves in the forex market?!
Monday we saw the GBPUSD down 400 pips at one point. Yikes. If
you’re like me, as a trader you don’t want a little thing lik..."
"Having been the first G-20 nation last October 6 to see a rate hike after the global financial crisis, Australia became the first economy anywhere to undergo a fourth increase. All of them ̵..."
"Top currency expert Boris Schlossberg has said that a hung parliament would be a ?formula for disaster? for the pound and the British economy and has described Britain as a ?massive risk? for investor..."
"A failure of the Reserve Bank of Australia to signal a 25-basis point cash rate increase to 4.0% at 01:30 GMT tomorrow (20:30 EST Monday) would constitute a breakdown in communication with the market..."
"Forex trading forecast for the AussieThe Australian economy has been performing quite well throughout the global recession, and appears to be growing quite quickly. However, the forex trading forecast..."
Blog:
Global Forex BlogTidsstämpel: 2010-03-01 09:08
Taggar:
aussie,
currency,
currency trading,
dollar,
economy,
forex,
forex trading,
market,
point,
rate,
trading
"The yen, commodities and most stocks rose during February. The dollar and long-dated bond yields were mixed, while European currencies depreciated.
10-Yr Yield
01/29/10
02/26/10
Chg vs End-Ja..."
"Switzerland’s leading KOF economic growth barometer rose to its highest since December 2007 in February, beating analysts’ expectations and confirming views that the economy was on track f..."
"A key message of Fed Chairman Bernanke’s testimony this week has been that while improved financial market functionality warrant the gradual unwinding of unconventional measures, the economy is..."
"THE Reserve Bank will almost certainly lift the official interest rate by 25 points next Tuesday.
Both the governor Glenn Stevens and his deputy Ric Battellino have ‘told us so.’
Not, obv..."
"Nascent recovery??We can only imagine how many traders had to look that definition up before they executed a trade yesterday. It?s no wonder that we can have volatility with noise ending in a ?no-scor..."
"fxstreet’s Francesc reported that CFTC has received 5,500 comments from brokers and traders. And all I can say is that this is a massive disappointment. I expected US traders to actually act on..."
"In testimony before Congress today, Federal Reserve Chairman Ben Bernanke said that record low rates would be needed for an “extended period” to ensure the economic recovery is firmly entr..."
"Narodowy Bank, Poland’s central bank, left its seven-day reference rate at 3.5% as expected. The key rate has been at that level since a 25-basis point cut last June, which culminated 250..."
"Currency trading with the euroThe euro is heading higher in forex trading on the currency market today, due mostly to U.S. dollar weakness. With the Greeks on strike against austerity measures suggest..."
Blog:
Global Forex BlogTidsstämpel: 2010-02-24 11:58
Taggar:
bull,
currency,
currency trading,
dollar,
financial,
forex,
forex trading,
gold,
market,
point,
trading
"U.S. dollar falls in forex tradingYesterday, the U.S. dollar was seeing a bit of a rally. At that point, it was all about risk aversion. Today, the story is a bit different. Right now, it's all about..."
Blog:
Global Forex BlogTidsstämpel: 2010-02-24 11:47
Taggar:
bull,
currency,
dollar,
economy,
forex,
forex trading,
inflation,
market,
point,
rate,
trading
"The S&P / Case-Schiller home index report showed that home prices in 20 US cities rose for the seventh consecutive month in December. The increase was 0.3 percent over the November result but sti..."
"Last week, the Fed raised the discount rate by 25 basis points, to .75%. Investors have consistently focused the brunt of their collective monetary attention on the Federal Funds Rate, and the markets..."
"Magyar Nemzeti Bank reduced its two-week bill rate by 25 basis points to a 20-year low of 5.75%, the same incremental cut as in December and January. The previous four months had seen the rate d..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: hold.
GBP/JPY trend: hold.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"A 50 basis point increase in the Federal Reserve’s Discount Rate lifted the dollar to a nine-month high against the euro. The increased confidence in the buck worked against oil prices, sending..."
"At 19:30 GMT yesterday after U.S. markets had closed, the Fed announced a 25-basis point increase in its discount rate to 0.75%. The FOMC minutes this week had served notice that such a move cou..."
"Currency trading with the greenbackThe U.S. dollar got quite the boost in overnight forex trading after the Federal Reserve announced that it is hiking the discount rate by 25 basis points. By now, th..."
Blog:
Global Forex BlogTidsstämpel: 2010-02-19 12:00
Taggar:
bank,
currency,
currency trading,
dollar,
forex,
forex trading,
inflation,
point,
pound,
rate,
spread,
trading
"The ZEW-CS-Indicator of Economic Sentiment for Switzerland declines by 3.7 points, reaching the 52.5 mark in February. However, the indicator still continues to hover at a relatively high level. This..."
"Euro forex trading forecastRight now, the euro is seeing some success in forex trading on the currency market, gaining against the U.S. dollar as jobless claims disappoint. However, there is speculati..."
"The Federal reserve has raised the discount window from 0.50% to 0.75% effective February 19th. The timing of this release is unusual, and the reasons given point to the Central Bank pushing the Banks..."
"Reserve Bank of Australia likely to raise rates soonThe risk trade is seeing a little bit of success today in currency trading, but risk appetite is not exactly the only thing going for the Aussie rig..."
Blog:
Global Forex BlogTidsstämpel: 2010-02-16 09:01
Taggar:
aussie,
bank,
currency,
currency trading,
dollar,
economy,
forex,
forex trading,
inflation,
market,
point,
rate,
report,
risk capital,
trading
"Forex trading with the U.K. poundThe sterling is moving higher in currency trading on the FX market today, thanks to a return to risk appetite. Yesterday, some of the risk currencies saw some positive..."
Blog:
Global Forex BlogTidsstämpel: 2010-02-16 08:55
Taggar:
cpi,
currencies,
currency,
currency trading,
forex,
forex trading,
fx market,
market,
point,
pound,
trading
"The Central Bank of the Republic of Turkey left its key borrowing and lending rates at 6.5% and 9.0%, respectively. Those levels were reached after a 25-bp rate cut last November. Previous..."
"In January, the Canadian Dollar (aka Loonie) registered its worst monthly performance since June. Many analysts pointed to this as proof that its run was over, after coming tantalizingly close to pari..."
"EUR/USD trend: hold.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: buy.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"One of the issues I constantly stumble upon is traders (and even educators…) trying to figure out how margin is calculated. We had a guest post by Currensee’s John Forman who amongst othe..."
"The People’s Bank of China has increased bank reserves minimums by 0.5 percent or 50 basis points. The current reserve requirement is 16 percent of assets for large banks, and 14 percent for sma..."
"China ordered banks to set aside more deposits as reserves for the second time in a month to cool the fastest-growing major economy after loan growth accelerated and property prices surged.
The reserv..."
"Gain Capital, the owner of the lucrative forex.com domain, has redesigned its website and it is now much more user friendly. As ‘forex’ is a keyword that EVERYBODY buys and searches for wh..."
"Officials at the Central Bank of Chile made no change in their credit policy stance even thought a 0.5% monthly rise of consumer prices in January exceeded expectations. The benchmark interest r..."
"On a day when the Fed released a testimonial statement of what Chairman Bernanke had planned to announce about how the policy stance will be reined in, the Bank of England’s published quarterly..."
"U.S. dollar gains against sterling and euro in forex tradingThe debt issues plaguing both Greece and Dubai continue to affect currency trading on the FX market. Even though equities in Europe and Asia..."
"It looks like Korea (South Korea obviously) is becoming the new Dubai with more and more firms partnering up with local outfits to offer margin FX trading. I pointed at Korea’s potential as anot..."
"The Swiss unemployment rate rose to a non-seasonally adjusted 4.5 percent in January from 4.4 percent in the previous month, the State Secretariat for Economic Affairs said.
In seasonally adjusted te..."
"EUR/USD moves higher in currency tradingThe euro is rebounding in forex trading on the currency market today. The 16-nation currency is showing some strength after a couple weeks of taking a beating..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Statistics Canada says the country’s unemployment rate fell slightly to 8.3 per cent last month as the economy added 43,000 jobs in January. As a result of the added jobs, Canada’s unemplo..."
"Global stock prices continued their downward descent on Friday on fears that the debt crisis in Greece will soon spread to other vulnerable countries including Spain and Portugal. In Europe, the FTSE..."
"Global financial moments are in the grip of an “enough already” psychology. Risk aversion has spiked because of fear that fiscal deficits have gone beyond the point of safe return an..."
"Bank Indonesia’s key interest rate, which has been at 6.5% since a 25-basis point cut in August, was again left unchanged as expected. A statement on the BI website projects a steadily imp..."
"U.S. dollar gains against sterling, euro in forex tradingThe U.S. dollar is gaining against the sterling and the euro in forex trading today. High beta currencies are losing out as risk aversion rises..."
Blog:
Global Forex BlogTidsstämpel: 2010-02-04 09:18
Taggar:
bull,
currencies,
currency,
currency trading,
dollar,
forex,
forex trading,
market,
point,
rate,
trading
"The conventional wisdom among central bank watchers coming into this week was that policy rates would be lifted by 25 basis points in Australia to 4.0% and Norway to 2.0%. Neither central bank c..."
"The National Bank of Romania sliced its benchmark monetary policy interest rate by another 50 basis points to 7.0%. This was the second reduction of 2010 following one on January 5. During..."
"U.S. consumer prices advanced 2.7% between December 2008 and December 2009, 2.6 percentage points greater than the on-year 0.1% uptick between December 2007 and December 2008. From a wide select..."
"What used to be the biggest promise in the Forex software platform development field is for years now considered a sinking ship. A few days ago the worst fears were confirmed when it was announced tha..."
"Aussie plummets in forex tradingThe Aussie is plummeting in forex trading on the currency market today, thanks to the decision made by the Reserve Bank of Australia today. Many analysts and forex trad..."
Blog:
Global Forex BlogTidsstämpel: 2010-02-02 08:56
Taggar:
aussie,
bank,
currency,
currency trading,
dollar,
economy,
forex,
forex trade,
forex trading,
inflation,
market,
point,
rate,
trading
"I expect a 25-basis point rate hike by the Reserve Bank of Australia to be announced at 03:30 GMT Tuesday (22:30 EST in the U.S. tonight). It’s been nine weeks since the last RBA BoardR..."
"Although the pace of manufacturing activity accelerated in January in both Euroland and the United States and outperformed expectations in each case, the improvement was considerably more dramatic in..."
"Futures market pricing indicates a 71 per cent chance that the RBA will increase the official cash rate by 25 basis points to 4 per cent when the board meets in Sydney today, for the first time this y..."
"EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Risk aversion staged a comeback at the start of 2010 and was manifested in a stronger yen and dollar, lower bond yields, weaker equity markets, and softer commodity prices.
10-Yr Yield
12/31/09
01/..."
"The Central bank of Colombia, as analysts projected, left its intervention interest rate at 3.5% for a second straight meeting. Previously, the rate had been cut by 50 basis points each in June..."
"The euro fell to its lowest point in six months against the dollar today as investors continue to shun the currency amidst growing concerns with the status of Greece’s overwhelming debt. Despite..."
"Guest post by Currensee.
John Forman is a Forex author and expert. He is the Senior Foreign Exchange Analyst for the IFR Markets group of Thomson Reuters and frequent blog poster on Currensee.com.
The..."
"EUR/USD trend: buy.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: buy.
GBP/JPY trend: hold.
Floor Pivot Points
Pair
3rd Sup
2nd Sup
1st Sup
Pivot…"
"Last week, Hirohisa Fujii resigned as finance minister of Japan. Since Fujii was an outspoken commentator on the Japanese Yen, the move sent a jolt through forex markets. Those who were expecting that..."
"Buying stocks on stock market or taking positions on Forex, often involves great deal of emotions, especially when you invest a lot of money, or you are starting out with trading and you are not comfo..."
"Another interesting article about forex reserves."Foreign exchange reserves rose by $3.16 billion in the week ending January 18, 2008 taking the total reserves to a record $284.98 billion. Money marke..."
"I havent't recently updated this blog because, i am currently more focused on Stock Market, and system for sports betting which i recently created. When i will finish it, i wil give you link to this s..."
Blog:
Forex JornualTidsstämpel: 2008-01-03 10:14
Taggar:
forex,
forex market,
forex trading,
indicators,
long position,
market,
point,
profit,
rate,
short position,
stop loss,
take profit,
trading
"I know that: "How to detect trend reversal?" maybe a thought question with very complex answer but I will try to make my take on it, and keep it very simple and understandable. So let?s get starte..."
"This is something you do not want to miss, fxclub.com gives 100$ to everyone who opens live trading account with them. You thought 5$ from Marketiva was great? Then how you can call this? Awesome? Not..."
"If you find out that you make trades to early and before price starts moving in your direction the stop loss is already hit. The source of this problem is you are probably using to big timeframe. Don?..."