Oct 25, 2010

Your forexlive.com ENewsletter

Your forexlive.com ENewsletter

Link to ForexLive

UK September s.a mortgage approvals 31,104

Posted:

Versus 31,781 in August.  Pretty much in line with median forecast of 31,000. Net mortgage lending +1.6 bln in September, down from +2.5 bln in August.

UK BBA: Sep Mortgage Approvals Fall To Lowest Since Mar 09

Posted:

--UK BBA: Sep sa Mortgage Approvals 31,104 vs 31,781 Aug --UK BBA: Sep sa Remortgage Approvals 23,820 vs 23,981 Aug --UK BBA: Sep Value of Loans for House Purchase stg4.572 bln --UK BBA: Sep Mortgage Approvals Lowest Since Mar 2009 ...

UK DATA: BBA: Sep sa Mortgage Approvals 31,104 vs….

Posted:

UK DATA: BBA: Sep sa Mortgage Approvals 31,104 vs 31,781 Aug UK BBA Sep sa Remortgage Approvals 23,820 vs 23,981 Aug UK BBA: Sep Value of Loans for House Purchase stg4.572 bln UK BBA: Sep Mortgage Approvals Lowest Since Mar 2009 ------------------------------------------------------------------------ Mortgage approvals from the major ...

Hedge fund buying seen in AUD/JPY

Posted:

Down around 80.00. We're presently a little firmer at 80.20.

Germany Labor Min: Oct Unempl Markedly Under 3 Mln: Press

Posted:

BERLIN (MNI) - German unemployment numbers have fallen markedly below three million this month, Labor Minister Ursula von der Leyen said in a newspaper interview published Sunday. "We will this month" see unemployment fall below three million, von der Leyen ...

Update: France Pension Protests Continue As Bill Nears Vote

Posted:

--Adds Updated Estimates Of Cost of Strikes To Economy PARIS (MNI) - Opposition in France to hiking the retirement age remains widespread despite the disruption in public services and fuel supply, and further protests are planned for next week even after the reform bill has been ...

EUR/GBP trading firmer; stops noted

Posted:

EUR/GBP up at .8923 from North American close Friday down around .8890. Stops were tripped through .8910 and we've been as high as 8929 so far. Growing speculation the Bank of England could introduce further QE fairly soon, and worries about the effect robust austerity cuts will have on a fragile economy, are ...

ECB Stark:No New Crisis Mechanism Needed,If Fisc Reform Taken

Posted:

FRANKFURT (MNI) - If European countries make the necessary reforms to fiscal policy and to economic policy coordination, no new crisis management mechanism will be needed, European Central Bank Executive Board member Juergen Stark said in an article published Monday. ...

USD/JPY falls to lowest level in 15 years

Posted:

USD/JPY down through 80.84, tripping stops through 80.80 and we've been as low as 80.67 so far. Recent talk has had barrier option interest lined up down at 80.50 and larger at 80.00.

EUR/CHF: For you Cititechs fans

Posted:

They apparently went long EUR/CHF on Friday at 1.3536.  Target 1.4500. Stop loss 1.3305. We're presently at 1.3640.

Goldman Sachs ups the QE ante

Posted:

Goldman Sachs apparently sees possibility for as much as $4 trln in Fed QE going forward, based on greater than expected US economic weakness.

EUR/USD firms during Asian trade

Posted:

EUR/USD sits at 1.4035, up from North American close Friday down around 1.3950. Somebody sent me an fx alert (research piece) done by a major US bank over the w/e.  It's entitled "Market anxiety on G20 proves unwarranted."  The basic premise of the piece is that the G20 has fallen short of ...

US NABE Survey: Improved Hiring Outlook Over Next 6 Months

Posted:

WASHINGTON (MNI) - The following are highlights from the October 2010 Industry Survey released Monday by the National Association for Business Economics. It notes that business conditions continue to improve, with an improved outlook for hiring: * ...

US DATA: Oct NABE Industry Survey finds improved…..

Posted:

US DATA: Oct NABE Industry Survey finds improved hiring outlook, says mon-pol will have a positive impact. 54% expect GDP to grow more than 2% in 2010. More on the MNI Main wire.

ForexLive Asian market wrap: USD falls after G20

Posted:

Market sees the G20 as a further reason to sell the USD, with the greenback down across the board USD/Asia led the way in early trade with USD/KRW and USD/SGD leading the way lower Japan Sept trade balance better than expected at JPY 797billion China's statistics bureau says next months CPI will be ...

Nikkei turns lower after early gains; USD/JPY soggy

Posted:

For a currency pair which is 25 pips off its 15-year lows, USD/JPY is certainly trading very soggily. It seems totally unable to bounce and what can't go up, must go down I suppose. Then again, I remember some years back in 1993/1994 when USD/JPY used to trade a 15 ...

China reportedly buying USD against EUR, JPY close to present levels

Posted:

The talk in the market is that China is selling EUR/USD at 1.4050 and is buying USD/JPY towards 80.80. We haven't seen either level today so we obviously cannot verify it just yet but they were active at both these levels last week.

US DATA: PREVIEW OF THE WEEK: (3 of 3) The first of..

Posted:

US DATA: PREVIEW OF THE WEEK: (3 of 3) The first estimate of third quarter GDP is due on Friday. While there was some inventory building during the quarter, and net exports were lower, this number is likely to look much like the second quarter with sluggish housing and cautious ...

US DATA: PREVIEW OF THE WEEK: (2 of 3) The sector….

Posted:

US DATA: PREVIEW OF THE WEEK: (2 of 3) The manufacturing sector will get another look at October with the Dallas Fed Texas Manufacturing Outlook on Monday, and the Richmond Fed's Manufacturing Index on Tuesday. The New York and Philadelphia Fed's report have already signaled some recovery after the downturn ...

US DATA: PREVIEW OF THE WEEK: (1 of 3) In the final..

Posted:

US DATA: PREVIEW OF THE WEEK: (1 of 3) In the final week of October, the economic data may have a little trouble keeping market attention as the November 2-3 FOMC meeting nears. None of it is likely to sway opinion that further easing in policy is on the way ...
posted by

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)