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Jamie Coleman and Gerry Davies join the FXstreet.com Family

Tuesday, October 15, 2013

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Tuesday, Oct 15, 13:30 GMT

Beat the Market with Jamie Coleman and Gerry Davies

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Dear FXBriefs follower,

The time has come! Jamie Coleman wrote in late July that they would "find another venue to bring you informative and entertaining forex analysis". This venue is FXBeat on FXstreet.com!

Jamie Coleman, Gerry Davies and teir team's ability to distill vast amounts of market data into easy to follow commentary in real time and their entertaining writing style will be ketp intact on FXBeat!

FXBeat by FXstreet.com

BEAT THE MARKET

Our feed will

  • Get you into the news before the rest of the market
  • and

  • Help you define the themes that will evolve into market trends.

Jamie Coleman and Gerry Davies pioneered the format back in 2007, and now they join FXstreet.com in order to combine both team's strengths.

READ FXBEAT

More details

We invite you to explore FXstreet.com and all its resources, including an economic calendar, technical and macroeconomics news, analysis and webinars!

Let's beat the market together,

FXstreet.com Team
Contact us

Urgent Trade Alert: Long PCWT Details inside

Thursday, October 3, 2013

THIS IS AN ADVERTISEMENT

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This is the kind of service that companies like Waste Management, Republic and others could add to their already impressive services - and bring them to the next level of profits.

This is doubly important when you realize how strict Europe and other emerging economies.

By bringing PCWT under their umbrella, the winner of this potential bidding war could instantly bring their brand and business global!

Meaning these well-established companies could be doing more than just opening themselves up to whole new markets - they could also be ensuring that they'd be flushing their coffers with even more revenue than they thought possible.

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ForexLive.com Daily Digest

Friday, August 30, 2013

Your daily digest of ForexLive.com articles.
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08/30/2013

Syria: Hollande says France can take military action without Britain

 

By Mike Paterson on Aug 30, 2013 04:57 am


It's never stopped them in the past ! * France supports "firm"action against Assad

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AUDUSD orders 30 August

 

By Mike Paterson on Aug 30, 2013 04:54 am


Currently 0.8926 Sellers 0.8965 0.8980 0.8990 0.9000 0.9010 0.9020 0.9050 Buyers 0.8900 0.8890 0.8880 0.8865 0.8850 0.8830 0.8800

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UK mortgage approvals july: 60,624 vs 59k exp

 

By Mike Paterson on Aug 30, 2013 04:31 am


* 58,238 prev revised up from 57,667 * highest since march 2008 * mortgage lending GBP +0.7 bln vs 1.1 bln exp * M4 money supply growth m/m +0.6% vs +0.1% prev * y/y +1.8% highest since aug 2010 * consumer credit GBP +0.6 bln as exp vs +0.4 bln prev revised down from 0.5 bln Encouraging mortgage approvals data which supports stronger house price trend Not so cheery on the lending front though GBPUSD sold initially to test 1.5500 again.. currently 1.5502

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GBPUSD orders 30 August

 

By Mike Paterson on Aug 30, 2013 04:29 am


Currently 1.5514 Sellers 1.5530 1.5540 1.5550 1.5570 1.5590 1.5600 1.5610 1.5620 1.5650 Buyers 1.5490 1.5480 1.5465 1.5450 1.5425 1.5400

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EURUSD orders 30 August

 

By Mike Paterson on Aug 30, 2013 04:19 am


Currently 1.3244 Sellers 1.3260 1.3280 1.3300 1.3310 1.3330 1.3350 1.3380 1.3400 1.3410 1.3420 Buyers 1.3210 1.3200 1.3185 1.3160 1.3150 1.3130

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USDJPY orders 30 August

 

By Mike Paterson on Aug 30, 2013 04:15 am


Currently 98.03 having posted lows of 97.89 Large ( USD 1 bln ) expiry at 98.00 today (http://www.forexlive.com/blog/2013/08/30/large-usdjpy-expiry-today/) Sellers 98.25 98.40 98.50 98.80 99.00 99.15 99.30 99.50 Buyers 97.85 97.65 97.50 97.25 97.00 96.50

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Italian unemployment july: 12% vs 12.2% exp

 

By Mike Paterson on Aug 30, 2013 04:00 am


* 12.1 prev A welcome improvement/respite albeit a small one EURUSD 1.3237

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Syria: UK's Osborne says parliamentary defeat will spark debate over Britain's role in world affairs

 

By Mike Paterson on Aug 30, 2013 03:50 am


That's no bad thing then! The UK chancellor from an interview on BBC radio just now There will be a national soul-searching about our role in the world and whether Britain wants to play a big part in upholding the international system * says talk of damaged US-UK ties after the vote against military action is " hyperbole" My own thoughts are that it's a sobering reminder of the need for caution in the wake of the Iraq debacle PM Cameron will come under increasing pressure from within his own ranks For more on the vote and the potential fall out here's the take of The Telegraph (http://www.telegraph.co.uk/news/worldnews/middleeast/syria/10275158/Syria-crisis-No-to-war-blow-to-Cameron.html)

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ECB's Nowotny says emerging market turmoil not having impact on EZ economy so far

 

By Mike Paterson on Aug 30, 2013 03:46 am


* repeats that inflation the main focus and forward guidance (http://www.forexlive.com/blog/2013/08/29/ecbs-nowotny-says-forward-guidance-assures-market-of-low-rates-for-foreseeable-future/) means low rates for some time

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Swiss KOF leading indicator august: 1.36 vs 1.33 exp

 

By Mike Paterson on Aug 30, 2013 03:39 am


* 1.25 prev revised up from 1.23 Out a little earlier but had no impact

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USDJPY trades through 98.00

 

By Mike Paterson on Aug 30, 2013 03:28 am


Low post 97.95 Difficult to see it trading too far away from 98.00 but plenty of time yet before option expiry (http://www.forexlive.com/blog/2013/08/30/large-usdjpy-expiry-today/) USD generally lower USDCHF 0.9301 from 0.9322 highs earlier

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European equity markets open mixed

 

By Mike Paterson on Aug 30, 2013 03:10 am


* FTSE +0.04% * DAX +0.03% * CAC40 – 0.03% * IBEX -0.2% * FTMIB -0.2%

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Indian PM Singh says rupee fall is part of needed adjustment

 

By Mike Paterson on Aug 30, 2013 02:43 am


Speech to parliament that he promised yesterday * but says its "a matter of concern" * expects rupee decline to be positively reflected in exports in coming months * says India must reduce its appettite for gold and consumption of oil * rupee fall caused by large current account deficit and other domestic factors * govt will take all possible steps to keep c/a below $70 bln * not contemplating capital controls * govt will do more to improve economic fundamentals * will contain fiscal deficit at 4.8% in 2014 * depreciation in rupee will put upward pressure on inflation * fundamentals of Indian economy remain strong * banks are well capitalized to pay for non-performing assets * there may be short term shocks to the economy which must be faced That would appear to be all Quite how he intends to curb gold and oil imports to improve c/a he doesn't say Perhaps our Indian readers can shed some light?

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Japan's GPIF fund posts april-june investment gain of JPY 2.21 trln

 

By Mike Paterson on Aug 30, 2013 02:21 am


* vs JPY 7.63 trln gain jan-march * april-june gain helped by strong domestic equities but hurt by record loss from yen bond investments of aJPY 945.1 bln Japan's Government Pension Investment Fund which has JPY 1 trln under management

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Eurostoxx 50 futures +0.1% in early trading

 

By Mike Paterson on Aug 30, 2013 02:14 am


* FTSE futures -0.1% * DAX futures +0.2% * CAC40 futures +0.1% Bund futures flat at 140.60 Add: now up 15 ticks after weaker German reatil sales data

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Nikkei closes down 0.53% at 13,388.86

 

By Mike Paterson on Aug 30, 2013 02:03 am


* -70.85 * high 13,615.98 * low 13,335.91 * USDJPY 98.17 Down 2% on the week and 2% on the month (fourth monthly decline in a row)

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German retail sales july: m/m -1.4% vs +0.5% exp

 

By Mike Paterson on Aug 30, 2013 02:00 am


* -0.8% revised up from-1.5% prev (http://www.forexlive.com/blog/2013/07/31/german-retail-sales-june-1-5-vs-0-0-exp/) * y/y +2.3% vs +2% exp Lower than expected but prev revised higher Little change in EURUSD AT 1.3243

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Large USDJPY expiry today

 

By Mike Paterson on Aug 30, 2013 01:55 am


Further to my earlier post (http://www.forexlive.com/blog/2013/08/30/option-expiries-10am-ny-cut-93/) I hear that the large expiry at 98.00 today is worth USD 1 bln which is likely to have some impact in keeping the price close by Just letting you know

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Nikkei clawing back some losses into the close

 

By Mike Paterson on Aug 30, 2013 01:41 am


Currently -0.24% at 13, 423.92 USDJPY steady at 98.24

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Japan housing starts july: +12 vs +13.6 exp

 

By Mike Paterson on Aug 30, 2013 01:02 am


* +15.3 prev (http://www.forexlive.com/blog/2013/07/31/japanese-housing-starts-june-yy-15-3-vs-15-8-exp/) USDJPY still 98.25

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