Your forexlive.com ENewsletter |  |
- Eurozone Nov Industrial production -0.3% m/m, -3.7% y/y
- EUR/CHF extends rally……
- Cable feeling the pressure from a firm EUR/GBP
- EUR/USD buy interest emerges right on schedule…..
- ECB’s Praet: Monetary policy stance is appropriate
- Italian Nov Industrial production -1.0% m/m
- My favourite bank is bullish EUR/CHF
- Barrier talk
- EUR/USD poll!!
- EUR/USD slips back in early Europe
- Today’s option expiries
- USD/JPY targeting barriers at 90.00
- 1.0600 proving a step too far for the AUD/USD?
- UK’s Cameron: We’re better off in the EU
- German December wholesale prices unchanged m/m, +3.2% y/y
- The Spike In China’s Exports Doesn’t Make Sense
- Abe aids Bernanke as Japan seen buying foreign debt
- European stocks seen moderately higher
- French capital flight spikes as Hollande hits business
- Ex Treas Sec Summers: ‘Fiscal cliff deal is a ‘reasonable’ but not ‘total’ solution
| Eurozone Nov Industrial production -0.3% m/m, -3.7% y/y Posted: 14 Jan 2013 02:00 AM PST from a revised -1.0% m/m and -3.3% y/y |
| Posted: 14 Jan 2013 01:46 AM PST Shall we call it the ‘Barclays factor’ We’re at 1.2240. For those who like to live dangerously and trade this particular puppy, there is talk of some buy stops through 1.2250…… |
| Cable feeling the pressure from a firm EUR/GBP Posted: 14 Jan 2013 01:27 AM PST GBP/USD’s been under pressure this morning as the cross targets a barrier at 0.8300 (0.8299 Asian high). Middle Eastern names have apparently been seen selling cable earlier this morning but bids ahead of 1.6110 are currently deterring further falls and technical support lies below at 1.6089 ( Friday’s low). Offers remain up above at 1.6180/00 (1.6182 Jan 10 high , Kijun line 1.6186). Citi has been on the wires ( Dow Jones reporting) suggesting any pull backs in EUR/GBP will offer up buying opportunities on the basis of sterling’s diminishing safe-haven demand , weak UK data and a potential sovereign downgrade, but states that caution should also be exercised. Cross bids are now seen 0.8270/80, with offers remaining in place ahead of the 0.8300 barrier. Cable’s trading around 1.6135 after lows of 1.6115, with the cross around 0.8284 |
| EUR/USD buy interest emerges right on schedule….. Posted: 14 Jan 2013 01:27 AM PST Earlier talk had buy orders clustered 1.3345/55 and it proved to be right on the money. We got as low as 1.3348 before rebounding, presently at 1.3369. Like shelling feckin peas……….. 19 pips in the old bin |
| ECB’s Praet: Monetary policy stance is appropriate Posted: 14 Jan 2013 01:22 AM PST
|
| Italian Nov Industrial production -1.0% m/m Posted: 14 Jan 2013 01:01 AM PST Weaker than market expectations of a flat reading, and a 3rd consecutive sharp fall after -1.1% m/m , -6.2% y/y in Oct Work day adjusted output fell 7.6% y/y from -6.1% in Oct |
| My favourite bank is bullish EUR/CHF Posted: 14 Jan 2013 12:57 AM PST Good old Barclays like EUR/CHF. According to Dow Jones, the bank says the recent rally has “ignited renewed investor interest with strong volumes” going on to opine that the move “should now go on to test 1.2275 and then the 2011 peak of 1.2475.” We’re presently at 1.2217. I was bullish down at 1.20-1.21 as I saw the peg holding. Admittedly not quite so bullish above 1.2200, but then that’s just me. Once a pussy always a pussy I guess…… |
| Posted: 14 Jan 2013 12:40 AM PST Hearing the following this morning EUR/USD: 1.3450, 1.3500 EUR/GBP : 0.8300 AUD/USD: 1.0600 USD/JPY: 90.00
|
| Posted: 14 Jan 2013 12:39 AM PST We’re at 1.3355 What’ll we see first 1.3255 or 1.3455? Reason/s for choice always appreciated, but not obligatory. |
| EUR/USD slips back in early Europe Posted: 14 Jan 2013 12:16 AM PST Down at 1.3360 from the 1.3385 which greeted me. Some fund selling noted. Talk of buy orders clustered 1.3345/55 and 1.3305/15. No idea where sell stops hiding. Sell orders clustered 1.3415/25 and 1.3440/50 ahead of 1.3450 barrier option interest. Not much on the data front this morning. 10:00 GMT: Euro zone industrial production expected +0.2% m/m, -3.1% y/y. Much focus on what Bernanke will have to say later in the day. Due to speak 21:00 GMT. |
| Posted: 14 Jan 2013 12:11 AM PST For the 1000 NY/1500 GMT cut:
EUR/USD: 1.3300, 1.3350, 1.3400 GBP/USD: 1.6100, 1.6130, 1.6200 USD/JPY: 88.50, 89.00, 89.50 EUR/JPY: 119.00 AUD/USD: 1.0510, 1.0550, 1.0600 NZD/USD: 0.8300 |
| USD/JPY targeting barriers at 90.00 Posted: 14 Jan 2013 12:06 AM PST After highs of 89.67 in Asia the pair’s backed off a touch but remains well underpinned through the crosses. A clean break of the psychological 90.00 level targets the highs of June 2010 of 92.89. (The break up through 89.21 on Friday entered into the monthly Ichimoku cloud) . Bids are seen from 89.25 down to 89.00 with more down at 88.70/80. Offers remain from 89.60 up to the 90.00 barrier EUR/JPY took out the 120.00 barrier in Asia to 120.13 but lack of follow through has seen the pair drift off to 119.39 in light volume trading. Bids sit down at 119.00/10 and 118.50/60 USD’s presently around 89.36 with the EUR at 119.45 |
| 1.0600 proving a step too far for the AUD/USD? Posted: 13 Jan 2013 11:28 PM PST There’s a well defended barrier at 1.0600 which isn’t currently being tested as the EUR/AUD keeps on course for a retest of late December highs around 1.2807. AUD/USD’s had a quiet session in Asia with Japan on holiday but remains supported by a rampant AUD/JPY which is targeting 100.00 and August 2008 highs of 101.55 as the yen weakness continues. Bids lie from 1.0520 down to 1.0500 with some sell stops just below ahead of further bids 1.0465/75. Offers remain in place from 1.0580 up to the documented barrier at 1.0600 with technical resistance above at 1.0625(Sept 14 high) . A break here likely to trigger buy stops and spark an accelerated move to 1.0690/00 AUD’s currently trading around 1.0552 after a 1.0526-63 range in Asia |
| UK’s Cameron: We’re better off in the EU Posted: 13 Jan 2013 11:26 PM PST
|
| German December wholesale prices unchanged m/m, +3.2% y/y Posted: 13 Jan 2013 11:03 PM PST Wholesale prices average for whole of 2012 up 2.8% vs 2011. Will this data impact forex?, not a jot. |
| The Spike In China’s Exports Doesn’t Make Sense Posted: 13 Jan 2013 10:30 PM PST Goldman Sachs and UBS reckon recent data out of China could be a tad fishy, with increases proclaimed not matching the movement of goods through ports and imports from trading partners More... Business Insider |
| Abe aids Bernanke as Japan seen buying foreign debt Posted: 13 Jan 2013 10:20 PM PST |
| European stocks seen moderately higher Posted: 13 Jan 2013 10:05 PM PST Financial bookies see FTSE opening up around +0.3%, DAX and CAC 40 up around +0.4%. |
| French capital flight spikes as Hollande hits business Posted: 13 Jan 2013 10:03 PM PST |
| Ex Treas Sec Summers: ‘Fiscal cliff deal is a ‘reasonable’ but not ‘total’ solution Posted: 13 Jan 2013 09:51 PM PST
|
| You are subscribed to email updates from ForexLive To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 comments:
Post a Comment