Aug 14, 2010

Your forexlive.com ENewsletter

Your forexlive.com ENewsletter

Link to ForexLive

ForexLive N.American Wrap: Quiet end to busy week

Posted:

US July CPI +0.3%  m/m, +1.2% y/y versus median forecasts of +0.2%, +1.2% respectively US July retail sales +0.4% m/m, slightly weaker than median forecast of +0.5%.  June's data however revised upward, to -0.3% from previous -0.5% Univ of Michigan consumer sentiment 69.6 in Aug (prelim) vs 67.8 in July.  Slightly better ...

EUR/USD slips slightly

Posted:

Down presently at 1.2767.  Reports of a little real money selling going through in recent trade.

It’s all gone rather quiet……..

Posted:

Well, I guess that might just about be it barring a big surprise. US stocks aren't going anywhere of note, so no likely price trigger from that area.   EUR/USD at 1.2780.  Earlier sovereign buying in 1.2750/60 area has helped steady the ship. Stops seen through 1.2750 before more buy orders clustered down at 1.2700/15.  ...

Germany Data: MNI Survey Of Econ Data Forecasts, Aug 16

Posted:

...

EMU Data: MNI Survey Of Econ Data Forecasts, Aug 16

Posted:

...

KC Fed’s Hoenig:Accomm Mon Pol Necessary Now But Set End Date

Posted:

--Zero Rates After A Year Of Recovery Adds To Uncertainty --Deflation Not Most Serious Threat To U.S. Economy By Brai Odion-Esene WASHINGTON (MNI) - Kansas City Federal Reserve President Thomas Hoenig Friday said that it will take time for the U.S economy to right itself, and so maintaining ...

You just can’t get enough Hoenig, that’s what I say….

Posted:

US deficit is not sustainable, there will be a price to pay You know, I think he's onto something. EUR/USD ticks higher, presently at 1.2775.   Sovereigns 1 - Rest of the World 0 Fannie and Freddie should not be reprivatized Not a proponent of using further asset purchases to ease monetary policy Problem is ...

ForexLive here, ForexLive there, ForexLive everywhere!

Posted:

All part of our evil plan for world domination...

It’s 5 o’clock, it’s Friday, it’s crackerjack!!!

Posted:

That's a little nostalga for our older UK readers.

Well, it’s 5 oclock here……

Posted:

Time for me to go down the pub. Incase EUR/USD sells off further (don't hold your breathe) while I'm gone,  next cluster of buy orders I'm hearing about down at 1.2700/15. Got to go.........mine's a pint of lager Desmond!!!

Fed’s Hoenig: Worried that Fed policies are adding to uncertainties

Posted:

"Mindful" of long-term consequences of low rates, further easing Volatile monthly economic data should not drive policy decisions US economy should continue to grow next several quarters, barring shocks, bad policy Leaving rates too low too long risks repeating past errors Not time for tight monetary policy, but need clear path to higher rates Fed ...

Middle Eastern sovereign joins his Asian mate in buying EUR/USD

Posted:

We're at 1.2768 from session low 1.2753.

USD/JPY scuttlebutt……

Posted:

I'm hearing from a market veteran that there is talk in the market  the BOJ has been going around asking banks about their order books and general market conditions.  Bit different from the usual BOJ checking prices. Take it for what you will.  My source labelled it "dodgy market chatter." ...

Sources note Asian sovereign buy interest

Posted:

At 1.2750/60 in EUR/USD. But is it going to be enough to turn the tide?  Time, as always, will tell. ;)

Greek/German 10-year govt bond yield spread at 829 bps

Posted:

Widest since May 10. Reflects increased unease surrounding PIIGS. US stocks have taken a sharp turn for the worse. Risk aversion rising. EUR/USD struggling. Down at 1.2765 among the aforementioned buy orders.

Philly Fed Survey: Forecasters See Slower Econ Recovery Pace

Posted:

WASHINGTON (MNI) - The following is the text of a Philadelphia Federal Reserve survey of professional forecasters. The forecasters have revised downwards their outlook for the U.S. economy since three months ago: Forecasters See Slower Pace of Economic Recovery ...

SNB’s Jordan: Intervention policy has been successful, curbed deflation risks

Posted:

Policy clear, SNB to take all measures to ensure price stability

Next Wk/US: Housing Starts, IP, PPI, LEI, Philly Fed, TICS

Posted:

By Theresa Sheehan PRINCETON (SMRA) - For the week ahead the July data for industrial production and capacity utilization Tuesday will cover a period of extremely hot weather for much of the U.S., and consequently demand for utilities to cool homes and business will climb. ...

EUR/USD narrow range bound. Here’s what we got.

Posted:

Sources report decent sell orders at 1.2830 and more at 1.2850.  Sell stops through 1.2775, but then buy orders 1.2750/70 and then stops below there. I'd hazard a guess buy stops up around 1.2910 and probably bigger through 1.2940.

Reuters/Mich US Cons Prelim Sent 69.6 In Aug Vs July’s 67.8

Posted:

By Brai Odion-Esene WASHINGTON (MNI) - U.S. consumer sentiment rose in August according to the first reading of the Reuters/University of Michigan Consumer Sentiment data released Friday. The index came in at 69.6 vs. July's final reading of 67.8. ...

No comments:

Post a Comment