Jan 12, 2010

Your forexlive.com ENewsletter

Your forexlive.com ENewsletter

Link to ForexLive

USD/JPY trading little easier on the day

Posted:

USD/JPY is down at 91.85 from an early 92.20, while EUR/JPY is down at 133.05 from around 133.60. The moves come amid talk of Japanese repatriation linked to European bond redemptions today. USD/JPY buy orders seen down at 91.50/70.

UK November trade deficit better than expected

Posted:

UK November global goods trade balance has come in at -£6.784 bln, better than the median forecast of -£7.0 bln. Non-EU trade deficit -£3.032 bln, better than median forecast of -£3.4 bln. Cable little firmer, back over 1.6100, presently at 1.6105.

EUR/USD slips back as European stocks turn south

Posted:

EUR/USD is under pressure. Aforementioned sell orders up at 1.4520/30 earlier proved a durable barrier to the upside. We're presently down at 1.4480 despite further buying by the BIS below 1.4500.  A US custodial has been a notable seller of the pairing. European stocks have done a sharp about turn. Having ...

AUD/USD soft

Posted:

AUD/USD is trading soft, presently down at .9260 compared to around .9280 when I arrived some four hours ago.  Sources report good hedge fund selling.  Also talk of decent sell orders lined up at .9320/50.

Extra extra, read all about it…..

Posted:

Hearing talk Citifxtechs have put out EUR/USD buy recommendation.  Initial target 1.4800, stop 1.4370.  For what it's worth. That's it!!, I should have been a newspaper seller.  "Get your Evening Standard here" Lots of fresh air, get to meet lots of different people.......

Cable back up; ACB active

Posted:

Well the ACB did indeed take advantage of cheaper cable and again came in buying down around 1.6070/75 and we're presently back up at 1.6100.

EUR/GBP rallying early, cable slides

Posted:

EUR/GBP has advanced to .9025 from an early .9005, with a German name seen buying decent amounts. This is helping pressure cable which is down at 1.6075 at writing. Talk of buy orders down at 1.6050/60.  An ACB has been buying cable below 1.6100 this morning.  They can now get some ...

EUR/USD ticks higher; couple of notable buyers

Posted:

EUR/USD has advanced to 1.4515 at writing.  BIS and major German name seen notable buyers on this latest recovery. Talk of sell orders now at 1.4520/30 with stops through 1.4530.

Bank of France industry business sentiment stronger than expected

Posted:

Bank of France industry business sentiment index for December has come in at 101 versus 99 in November, stronger than the median forecast of 99. Bank of France forecasts point to small improvement in industrial activity in coming months. Bank of France December survey sees Q4 GDP growth at +0.5% vs previous forecast ...

US must cut spending to save AAA rating, warns Fitch

Posted:

Latest from AEP

Cable ticks higher early

Posted:

Cable has ticked higher in early European trade, presently up at 1.6120 from an early 1.6085.  We're now back to the North American closing levels of Monday. Overnight saw mixed data released.  RICS December house price balance came in at +30 from +35 in November, worse than the  expected +36 and the first drop since ...

Kuwait oil minister: Expects no change in OPEC oil supply at March meeting

Posted:

Weather improving demand, supporting prices Oil price "fantastic"  (I'm so very happy for all the oil producers, really)

Japan Air plummets by limit on bankruptcy speculation

Posted:

Japan Airlines Corp plunges 45% to a record low on speculation it will file for bankruptcy.

EUR/USD little easier

Posted:

EUR/USD is trading a little easier this morning, presently down at 1.4495 from a North American close Monday around 1.4510. Chinese sovereign fund official livened up proceedings overnight, opining that dollar has hit "rock bottom" but that yen still has room to fall and that it's likely U.S. and China will ...

Good service quality after MT4 price spikes

Posted:

If anyone was affected or lost money today because of the price spikes/mis-quotes from FXXD's MetaTrader 4 platform today, I'm happy to have received this e-mail after following up on the issue: Dear FXDD Customer, Thank you for your patience, we are aware of the issue which has occurred today in regards ...

Forex Live – Asian Market Wrap Up

Posted:

Economic Data NZIER Business Confidence Q4 2009 +31.0 % from +36.0 % in Q3 New Zealand Capacity Utilization Q4 2009 91.07 from 88.42 in Q3 Japanese Outstanding Bank Loans in Dec -1.0 % y/y from + 0.2 % in November Japanese ...

Japanese Economy Watchers Survey for December 35.4 from 33.9

Posted:

Dollar Yen a touch higher at 92.20/23

Japan Airlines takes a dive falls 45%, the trading limit

Posted:

as speculation is imminent that it will file for bankruptcy.

Dollar starting to creep higher again dollar Yen at 92.24/27

Posted:

No comments out this time as Euro slips lower trading at 1.4470/73 and cable at 1.6074/78

Rates back to where they were

Posted:

as the Chinese Official says his comments were his "own personal opinions"

No comments:

Post a Comment