Aug 25, 2010

Your forexlive.com ENewsletter

Your forexlive.com ENewsletter

Link to ForexLive

EUR/USD slips back under 1.2700

Posted:

Presently at 1.2690.  Russia has apparently joined in the selling. Just getting confirmation of what I suspected at start of day, namely stops gathered just above the aforementioned 1.2720/30 sell orders.

Japanese chamber of Commerce head; PM did not mention fx intervention in meeting with business leaders

Posted:

Japanese investors seen buying USD/JPY and yen crosses.

BIS and ACB seen selling into EUR/USD rally

Posted:

Reports BIS and a large Asian sovereign have both been selling into the EUR/USD rally. We're back at 1.2700 from session  high 1.2725.

BOJ says Governor Shirakawa to travel to U.S. Thursday to attend Fed meeting in Jackson Hole Wyoming

Posted:

Japan PM told business leaders government to mull economic steps including fx intervention – Business Lobby Head

Posted:

Business Lobby Head says thinks PM shares view that large solo fx intervention hard Yen rise accelerating more than Japan firms expected Important for currencies to move stably

Greek Monthly T-Bills Sales To Optimize Liquidity Management

Posted:

LONDON (MNI) - Greece's decision to switch from quarterly to monthly Treasury bill auctions is in order to "optimize its liquidity management," the head of the Public Debt Management Agency told Market News International. In an emailed response to questions ...

German Ifo institute business climate index 106.7

Posted:

Better than median forecast of 105.7. EUR/USD has spiked higher, presently at 1.2720. Earlier had been receiving reports of sell orders at 1.2720/30. Ifo's Abberger: Growth rates in 2010 first half can not be sustained but no cooling in second half Germany will be affected in 2011 if US, Asia slip into recession Germany will ...

More on USD/JPY and the Danish buyer

Posted:

Earlier I mentioned Danish buyer of USD/JPY down at 84.35.  Am now being told entity was notable buyer of pairing yesterday as well.  Talk they are buying on behalf of Hungarian investor.   Took me awhile to work out who that might be. Think they might mean Mr Soros. We're presently at 84.55. Interesting ...

AUD/USD firmer; notable buyer seen

Posted:

AUD/USD up at .8872, with US investment bank seen notable buyer in recent trade. They're doing God's work!!!

Cable recovers back above 1.5400

Posted:

Presently at 1.5410 from session low 1.5390.  Eastern European names seen decent buyers in recent trade. The Eastern Europeans are seen buying risk, which means they're probably buying EUR/USD as well.

Swedish consumer confidence 25.2 in August

Posted:

Versus 23.3 in July.  Better than median forecast of 23.0. It must be nice to feel confident.  I most certainly don't. I have a terrible sense of foreboding, which I can't shake off.  I think I might be in need a nice long holiday somewhere sunny.  Meanwhile back in the forex world, the markets ...

Cable touch easier in quiet start to European trade

Posted:

Cable at 1.5405, marginally easier in subdued early European trade.  Some talk of stops through 1.5400 and more through 1.5370.  Sell orders seen clustered up at 1.5480/00.

France Budget Min: Germany’s Strong Growth Good For France

Posted:

PARIS (MNI) - Germany's stellar economic growth performance in the second quarter is good news for France, French Budget Minister Francois Baroin said in a radio interview Wednesday morning. "It's good news for Germany. It's also good news for France. ...

Australia PM Gillard says had productive talks with key independent MPs over future government

Posted:

Responded positively to all points raised by key independents

Stoxx Europe 50 futures down 0.6%

Posted:

DAX futures down 0.4%, CAC 40 futures down 0.6%

BIS said to be on the offer in EUR/USD up at 1.2645

Posted:

We're presently at 1.2640.

Japan not ruling out fx intervention as policy option – Govt sources

Posted:

Really?  Who would have thunk it? That'll have the USD/JPY bears trembling in their boots.  USD/JPY steady at 84.35.

Spain uses social security fund to prop up the bond market

Posted:

Love him or loathe him. Latest from AEP at The Telegraph.

Ireland’s NTMA says S&P rating action is based on “extreme estimate” of bank recapitalisation costs

Posted:

Ireland's debt agency says S&P ascribes no value to "bad banks" current assets Says it believes S&P 's approach is flawed Meanwhile EUR/USD has seen narrow range trade during the Asian session. presently at 1.2632, price action having being confined to narrow 1.2627-1.2669 range. Little euro zone data due today: 08:00 GMT: German Ifo ...

Japan Average Regular Gasoline Price Drops For 13th Wk In Row

Posted:

TOKYO (MNI) - The average price of regular gasoline in Japan this week fell to ...

No comments:

Post a Comment