Thu, 09 Sep 2010 11:01:00 +0000GBPUSD: Consolidation Persists in Falling Channel
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Thu, 09 Sep 2010 04:30:49 +0000FOREX-Dlr/yen slips towards 15-yr low, Aussie jumps
Forexyard - 2 hours ago
By Hideyuki Sano TOKYO, Sept 9 (Reuters) - The dollar slipped towards a 15-year low against the yen on Thursday as traders bet that Japanese authorities are not yet ready to intervene, while the ...
Dollar/yen slips towards 15-year low, Aussie jumps - Reuters Africa
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Thu, 09 Sep 2010 00:03:00 +0000The US Dollar pulled back as global stock and oil prices recovered but the bearish technical setups created with yesterday’s selloff have not been invalidated, hinting the greenback remains poised to advance amid renewed risk aversion.
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Wed, 08 Sep 2010 22:59:00 +0000Student’s Question:Here's the support line. But I am still confused as to when should I enter the trade and when should I exit the trade according to the historic chart I posted?
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Wed, 08 Sep 2010 21:30:00 +0000Jamie's Trading Video: 09/08
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Wed, 08 Sep 2010 21:03:00 +0000The euro is weak across the board. In fact, the EURAUD is trading at a 19 year low and an objective is 1300 pips lower.
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Wed, 08 Sep 2010 20:54:00 +0000U.S. stocks posted their largest gain in nearly two months despite a report that the number of mortgage applications declined for the first time in six weeks.
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Wed, 08 Sep 2010 20:37:55 +0000Mexico's Peso Closes Stronger Against US Dollar
Wall Street Journal - 9 hours ago
By Anthony Harrup MEXICO CITY (Dow Jones)--Mexico's peso closed stronger against the dollar Wednesday after giving back some early gains as stocks wavered with the US Federal Reserve's beige book ...
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Wed, 08 Sep 2010 20:01:00 +0000Once again, we are left to qualify the sincerity of investor sentiment. Wednesday’s session brought a clear advance in the appetite for risk; but considering the lack of a distinct trend for equities, crude and even progress on gold, it seems traders are still waiting.
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Wed, 08 Sep 2010 19:54:00 +0000Intensely choppy forex market price action has made short-term US Dollar forecasts especially difficult, but evidence of sentiment extremes in the Japanese Yen suggests that the USDJPY may soon reverse. Forex futures positioning data shows that Non-commercial traders are near the most net-long the Japanese Yen (short USDJPY) since the USDJPY bottomed in late 2009.
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Wed, 08 Sep 2010 19:53:00 +0000European Financial Fears Not Trend Material, But Short-term Opportunities Develop With Euro, Pound
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Wed, 08 Sep 2010 19:35:00 +0000EUR/CAD Under Pressure Following BoC Rate Hike, Ivey PMI Report; Traders Shift Their Focus to the Canadian Employment Report
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Wed, 08 Sep 2010 19:35:00 +0000The Bank of England is widely expected to maintain its current policy in September, and the British Pound could face increased volatility following the rate decision as investors weigh the prospects for future policy.
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Wed, 08 Sep 2010 19:20:00 +0000The Currency Market Acclimates Itself to Exogenous Event Risk as Speculative Interest Fills Out
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Wed, 08 Sep 2010 18:55:00 +0000The AUD/CAD is looking to test trend line support following a 25 bps rate hike from the BoC, despite the central bank’s slightly lower outlook for growth.
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Wed, 08 Sep 2010 17:43:00 +0000Potential exists for a USDJPY reversal and strength up towards 8800-9000 before the longer term downtrend resumes.
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Wed, 08 Sep 2010 16:42:00 +0000British Pound 15600 is Pivot
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Wed, 08 Sep 2010 16:42:00 +0000Swiss Franc Looking for Parity
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Wed, 08 Sep 2010 16:42:00 +0000Gold Daily RSI Above 70
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Wed, 08 Sep 2010 16:42:00 +0000Japanese Yen Turns Up from 15 Year Low
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Wed, 08 Sep 2010 16:42:00 +0000Crude Resistance is 7700
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Wed, 08 Sep 2010 16:42:00 +0000Australian Dollar Closes in on 9220
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Wed, 08 Sep 2010 16:42:00 +0000The EURUSD decline from 13340 may be unfolding as a series of 3 wave declines (double zigzag). The next opportunity will be from the short side against 12920. 12470 and 12200 are targets. 12780 and 12820 are resistance areas.
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Wed, 08 Sep 2010 16:42:00 +0000Canadian Dollar Channel Gives Way
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Wed, 08 Sep 2010 16:42:00 +0000New Zealand Dollar Marks Time
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Wed, 08 Sep 2010 15:26:00 +0000The Canadian dollar pared the overnight decline and is the best performing currency against the greenback on Wednesday, while the Japanese Yen weakened across the board following the rebound in risk sentiment.
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Wed, 08 Sep 2010 15:00:00 +0000GBPUSD Short at risk, long USDJPY above 84.50
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Wed, 08 Sep 2010 14:01:02 +0000After-tax profits for retail corporations with assets greater than $50 million averaged 3.0 cents per dollar of sales for the first quarter 2010 (the 3 months ending Apr. 30, 2010), down 0.1 (+/- 0.1) cents from the after-tax profits average of 3.1 cents for the fourth quarter 2009 (the 3 months ending Jan. 31, 2010). 1st Qtr. 2010: -0.1 cents 4th Qtr. 2009: +0.8 cents
U.S. Census Bureau >>
Wed, 08 Sep 2010 14:01:02 +0000U.S. total business sales for June 2010 were $1,080.5 billion, down 0.6% (±0.2%) from last month. Month end inventories were $1,359.9 billion, up 0.3% (±0.1%) from last month. June 2010: -0.6 % Change in sales May 2010: -1.2 % Change in sales
U.S. Census Bureau >>
Wed, 08 Sep 2010 14:01:02 +0000U.S. retail and food service sales for July reached $362.7 billion, a increase of 0.4 percent (±0.5%)* from the previous month. July 2010: 0.4 % change June 2010: -0.3 % change
U.S. Census Bureau >>
Wed, 08 Sep 2010 14:01:02 +0000The Nation's international trade deficit in goods and services increased to $49.9 billion in June 2010 from $42.0 billion in May (revised), as imports increased and exports decreased. June 2010: -49.9 $ billion May 2010: -42.0 $ billion
U.S. Census Bureau >>
Wed, 08 Sep 2010 14:01:02 +0000June 2010 sales of merchant wholesalers were $347.4 billion, down 0.7 percent (+/-0.5%) from last month. End-of-month inventories were $399.2 billion, up 0.1 percent (+/-0.4%) from last month. June 2010: 0.1 % change in Inv May 2010: 0.5 % change in Inv
U.S. Census Bureau >>
Wed, 08 Sep 2010 14:01:02 +0000Homeownership Rate (HR)
The homeownership rate in the second quarter 2010 (66.9 percent) was lower than the second quarter 2009 rate (67.4 percent). In the South and West, the homeownership rates were lower than a year ago, while the Northeast and Midwest showed no significant change from corresponding second quarter 2009 rates.
Rental Vacancy Rate (RVR)
The rental vacancy rate in second quarter 2010 (10.6 percent) remained approximately the same as the second quarter 2009 rate (also 10.6 percent).
Homeowner Vacancy Rate (HVR)
The homeowner vacancy rate in second quarter 2010 (2.5 percent) remained approximately the same as the second quarter 2009 rate (also 2.5 percent).
2nd Qtr 2010(HR): 66.9 percent 2nd Qtr 2009(HR): 67.4 percent
U.S. Census Bureau >>
Wed, 08 Sep 2010 14:01:02 +0000U.S. Information sector revenue for the second quarter of 2010, adjusted for seasonal variation but not for price changes, was $290.9 billion, a increase of 0.8 percent (+/- 0.3) from the first quarter of 2010. 2nd Qtr 2010: 0.8 % change 1st Qtr 2010: 0.9 % change
U.S. Census Bureau >>
Wed, 08 Sep 2010 14:01:02 +0000Total construction activity for July 2010 ($805.2 billion) was 1.0 percent below the revised June 2010 ($813.1 billion). Please see our web site for further details: http://www.census.gov/constructionspending July 2010: -1.0 % change June 2010: -0.8 % change
U.S. Census Bureau >>
Wed, 08 Sep 2010 14:01:02 +0000Sales of new one-family houses in July 2010 were at a seasonally adjusted annual rate of 276,000. This is 12.4% below the revised June 2010 estimate of 315,000. July 2010: -12.4 % change June 2010: +12.1 % change
U.S. Census Bureau >>
Wed, 08 Sep 2010 14:01:02 +0000Privately-owned housing starts in July 2010 were at a seasonally adjusted annual rate of 546,000. This is 1.7 percent above the revised June 2010 estimate of 537,000. July 2010: +1.7 % change June 2010: -8.7 % change
U.S. Census Bureau >>
Wed, 08 Sep 2010 14:01:02 +0000New orders for manufactured goods in July increased $0.6 billion or 0.1 percent to $409.5 billion. July 2010: 0.1 % change June 2010: -0.6 % change
U.S. Census Bureau >>
Wed, 08 Sep 2010 11:26:27 +0000US Dollar Mostly Lower; Sterling Gains
TheStreet.com - 19 hours ago
By BBH FX Strategy The US dollar was mostly lower Wednesday, with sterling leading the way. Corporate acquisitions, or talk of them at any rate, with the help of the second consecutive rise in the ...
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Wed, 08 Sep 2010 09:41:52 +0000RBI reference rates for US dollar and euro
The Hindu - 20 hours ago
PTI The Reserve Bank of India on Wednesday fixed the reference rates for the US currency at Rs. 46.70 per dollar and Euro at Rs. 59.43 per euro, as against Rs. 46.71 per dollar and Rs. 59.76 per ...
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Wed, 08 Sep 2010 00:00:00 +0000Market Overview
Brushing aside the escalating war of words by Japanese officials directed at the rising yen, risk-averse investors piled into the safe-haven currency Wednesday, pushing it to a new 15-year high against the U.S. dollar.
The dollar fell to a fresh low of JPY83.34, compared with JPY83.80 late Tuesday in New York. The dollar was at JPY83.49 as of 0450 GMT.
Japan Finance Minister Yoshihiko Noda was the latest official to warn markets that Japan was ready to act, specifically raising the specter of intervention for the first time.
The ICE Dollar Index, which tracks the dollar against a trade-weighted basket of currencies, was at 82.721 from 82.815 late New York.
The euro also fell against the yen and was hit by the continued focus on potential problems among European banks.
The euro fell to JPY105.80, its lowest level since Aug. 24, and down from JPY106.33 in late New York trading. The euro was at JPY106.10 as of 0450 GMT.
The euro was little changed against the dollar. It was at USD1.2709 from USD1.2689 in late New York trade.
The Pound was weaker against the greenback but made good gains against the souring Euro. The Pound found support at USD1.5300 and bounced in the US session.
The Australian dollar hugged a tight range against the U.S. dollar in Asia Wednesday but had a strong session against key crosses as investors shrugged off political headwinds blowing from Canberra to focus on employment data for August on Thursday.
Market expectation
Market participants are watching how U.S. authorities handle the economic stimulus package now under discussion, and whether there will be further monetary easing.
Analysts said Yoshihiko Noda comments showed greater seriousness among Japan's authorities toward the possibility of direct intervention, something they haven't done since 2004. But there was still skepticism as to whether intervention would actually happen.
Risk aversion could tip sterling lower against the dollar Wednesday, though the pound is favored to nudge higher against the euro.
The outlook for EURCHF remains bearish and its decline below 1.2852 opens the way for downside losses to 1.2501 and then 1.2403, according technical analysts. Financial sector woes are depressing the euro, and analysts look for more downside over the medium-term. EURCHF faces upside resistance at 1.3163.
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Tue, 07 Sep 2010 21:50:12 +0000Dollar unfazed by soggy stocks
Sydney Morning Herald - Sep 7, 2010
The Australian dollar bounced on Wednesday after drawing steady demand below 91 US cents, helping it withstand losses in Asian stocks. Pension and mutual funds, exporters, central banks and ...
Dollar tops 92 US cents - WA today
Dollar up on equities - Herald Sun
Sky News Australia
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Tue, 07 Sep 2010 21:47:58 +0000Canada Dollar Posts Solid Gains After 3rd BOC Rate Increase
Wall Street Journal - Sep 7, 2010
By Karen Johnson Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The Canadian dollar put in a robust performance Wednesday, climbing steeply after the Bank of Canada announced its third-straight ...
CANADA FX DEBT-C$ jumps to session high after BoC raises rates - Reuters
Canada Dollar Climbs as Central Bank Signals Further Interest-Rate Boosts - Bloomberg
Zawya
- CountingPips
- Benzinga
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Tue, 07 Sep 2010 17:27:22 +0000India Rupee Gains As USD Dumped; Bonds Tad Up, Risk Aversion Supports
Wall Street Journal - Sep 7, 2010
As Of 1200 GMT Latest Change USD/INR 46.64 -0.20 7.80% 2020 Bond 7.94% -1 BPs Call Rate* 4.75% -50 bps Forward Dollar Premium/Discount* Aug 2.07 +0.02 *Forward Dollar Premium/Discount are ...
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Tue, 07 Sep 2010 16:47:30 +0000HK Dollar Down Late Due To Declines In Local Shares
Wall Street Journal - Sep 7, 2010
HONG KONG (Dow Jones)--The Hong Kong dollar fell against the US dollar Wednesday due to declines in local shares, though a US bank's sales of the US unit pared the Hong Kong dollar's decline ...
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Tue, 07 Sep 2010 07:16:59 +0000WTI oil price hangs near $74 amid higher Dollar Index
Live Oil Prices - Sep 7, 2010
WTI oil prices are trading firm near the $74 mark on Wednesday amid falling global stock markets and a higher US dollar, as shown by pointers in the US Dollar Index. US Light crude oil futures for ...
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Tue, 07 Sep 2010 06:59:56 +0000Hot Commodities: Crude Slides More Than 1% On Globex
India Infoline.com - Sep 7, 2010
Crude oil futures tanked more than 1% in the electronic trades as the selling pressure intensified on a rebound in the US dollar and weak equities. Crude oil futures are down substantially in Asia ...
Oil prices drop on US demand worries - RTE.ie
= OIL FUTURES: Crude Eases On Weak Equities, Firm Dollar - Zawya
AsiaOne
- Outlook
- Timaru Herald
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