ForexLive US wrap-up: Fed all but announces quantitative ease Posted: New York Fed president Dudley: Further action is likely to be warranted US personal income rises 0.5%, incomes rise 0.4% Univ of Michigan consumer sentiment 68.2 final in September from 66.6 prelim ISM declines to 54.4 in September from 56.3 in August, in line with forecasts RBA likely to hike next week: RBA watcher ... |
Fed’s Fisher:At This Point Further Accom ‘Efficacy’ Not Clear Posted: By Steven K. Beckner (MNI) - Dallas Federal Reserve Bank President Richard Fisher came down squarely against additional quantitative easing on a Friday when two other key Fed officials made clear they are leaning strongly in favor of it. Fisher, who ... |
Net dollar short on IMM biggest since mid-2008: Reuters Posted: That's interesting. Mid-2008 was when EUR/USD hit 1.6000 and soon began a descent that didn't stop until 1.2335... Here are the raw stats... ignore the dealer category and focus on the asset manager and leveraged fund categories... |
“Inflexible” Asian currencies will be a G7 focus Posted: Canadian FinMin Flaherty, the rotating head of the G7, says that inflexible Asian currency and economic growth issues will be the prime subjects of the G7 meeting next week in Washington which will coincide with the fall IMF meeting. There will be no communique after the meeting, as has become ... |
Real money selling dollars every hour on the hour Posted: There are mini-fixes throughout the day and US real money accounts have been using them this afternoon to buy EUR/USD every hour on the hour. We just made a new trend high at 1.3780 for the day and for the trend. That's gonna paint a pretty picture for the bulls ... |
USD/CAD back in China’s wheel house Posted: USD/CAD hit its lowest level since early August a short while ago, down to 1.0185. This an area where China has consistently lightened up on US/CAD shorts. Given the 1.0180/1.0380 range that has prevailed for the last two months, hard to get bearish USD/CAD down here despite the recent oil ... |
Fed’s Evans Q&A: US Challenges ‘Much Greater’ Than Europe Posted: ROME (MNI) - Chicago Federal Reserve Bank President Charles Evans, speaking to reporters following a speech, Friday said the U.S. challenges in healing its financial markets are "much greater and far stronger" than those in Europe. Evans, appearing at a ... |
By request.. Posted: |
Fed: New $100 Bill Being Delayed Beyond Feb; Technical Prob Posted: WASHINGTON (MNI) - The newly designed $100 bill, unveiled in April along with its advanced anti-counterfeiting technology, won't be distributed beginning in February after all, because of a production problem, the Federal Reserve announced Friday afternoon: The Federal Reserve Board on ... |
Whoa, a matching gift! Posted: A huge thank you to Peter K! He matched all the pledges received so far from the ForexLive community for the Buddy Walk, doubling the total to $3500! Words cannot express me gratitude to Peter and all the others who have given so generously. Amazing. |
US DATA: With almost all reports in, MNI ests Sept… Posted: US DATA: With almost all reports in, MNI ests Sept dom auto sales pace at 8.6m units. |
US DATA: MNI ests Sept domestic auto sales pace at… Posted: US DATA: MNI ests Sept domestic auto sales pace at 3.8m cars, 4.7m lt trucks for 8.5m total vs 8.4m in Aug. |
Evans: We may never tighten again… Posted: Well, he didn't really say that but he came pretty close. Let me translate back to Fed-Speak: I don't anticipate exiting from accomodative monetary policy within my forecast horizon. EUR/USD has been grinding higher for the last 40 minutes, aided by real-money demand ahead of the weekend. We trade now at ... |
EUR/JPY trying to break out of months-old range Posted: EUR/JPY is showing some Friday afternoon sign of life, edging above 114.75 resistance dating back to the end of July. More resistance lies up at 115.50 if the cross can gather any momentum. The strength in the cross is helping drag USD/JPY higher, up to the 83.40 level after finding support ... |
Update: Draghi: Nat’l Solutions Needed For “Addicted” Banks Posted: --Adds Comments On Banks' Vulnerability To A Spike In Interest Rates ROME (MNI) - The officials of individual Eurozone states, not the European Central Bank, must solve the problems of banks that are still "addicted" to ECB funding, Governing Council member Mario Draghi said here Friday ... |
US DATA: Toyota reports +16.8% YOY sales for US in… Posted: US DATA: Toyota reports +16.8% YOY sales for US in Sept. |
EU’s Juncker Warns Against Too Much Stab Pact Reform: Press Posted: FRANKFURT (MNI) - Eurogroup Chairman Jean-Claude Juncker warned Germany in a interview released Friday against expecting too many changes to the European Union's Stability and Growth Pact. Germany must "resign itself" to the fact that not all of its proposals ... |
US DATA: Honda reported US sales of 42.1k cars and… Posted: US DATA: Honda reported US sales of 42.1k cars and almost 40k lt trucks. |
Greek GDP seen slightly better than forecast this year Posted: 2010 GDP is expected around EUR 236 bln, according to the 2011 preliminary budget. Forecasts were for GDP to fall to EUR 231 bln The 2011 deficit will come in below the 7.6% target dictated by the EU/IMF, near 7% The 2010 deficit is seen at around 7.8% of GDP, all according ... |
US DATA: Nissan said Sept US division auto sales….. Posted: US DATA: Nissan said Sept US division auto sales were +35% YOY. |
No comments:
Post a Comment