Your forexlive.com ENewsletter

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• Eurozone trade balance april nsa: EUR 14.9bln vs +18.5bln exp
• EURGBP orders
• BOE systemic risk survey 1H 2013
• EURJPY orders
• AUDUSD orders
• USDJPY orders
• GBPUSD orders
• EURUSD orders
• USD/JPY option talk on the street
• April Italian trade balance EU €0.441bn vs €0.607bn prior
• More early orders
• European stock open 17 June
• USD/JPY trips into 95.00
• Big levels still in sight in GBP/USD
• BOE to release capital exercise results for 8 banks on 20th June
• European stock futures point to small gains
• Nikkei closes up 2.73%
• Early orders going into the European session
• BOJ should prepare more easing steps
• ACB on the DNT in the EUR with some SLB

Eurozone trade balance april nsa: EUR 14.9bln vs +18.5bln exp Posted: 17 Jun 2013 02:00 AM PDT +22.9 bln prev sa EUR +16.1 bln vs Q4 ave EUR+13.1 bln EZ labour cost index Q1 y/y +1.6% vs +1.3% prev EZ wages index Q1 y/y  +1.7% vs +1.4% prev EURUSD unmoved at 1.3343

EURGBP orders Posted: 17 Jun 2013 01:45 AM PDT Currently 0.8486 Sellers 0.8500,0.8520,0.8540,0.8550,0.8580,0.8590,0.8600 Buyers 0.8470,0.8460,0.8440,0.8420,0.8400

BOE systemic risk survey 1H 2013 Posted: 17 Jun 2013 01:43 AM PDT Just out with their report today Perceived risk of high impact event at lowest since 2008 Confidence in UK financial system has picked up Key risks facing UK are economic downturn, sovereign risks The survey was conducted between 22 April and 22 May 79% of those questioned said an economic downturn was one of the main risks to the UK which was up 2 percentage point since October 2012. 76% said that Euro-area sovereign risk remained a potential problem though that was down 12 percentage points. Risks most challenging to manage as a firm were; Sovereign risk 63% Economic downturn 42% Regulation & taxes 34% The full survey questionnaire can be found here and the Full details of the survey here.

EURJPY orders Posted: 17 Jun 2013 01:39 AM PDT Currently 126.62 Sellers 127.00,127.20,127.50,128.00,128.20,128.50 Buyers 125.80,125.60,125.50,125.30,125.00,124.50

AUDUSD orders Posted: 17 Jun 2013 01:33 AM PDT Currently 0.9607 Sellers 0.9640,0.9650,0.9670,0.9680,0.9700,0.9720,0.9750 Buyers 0.9590,0.9580,0.9560,0.9550,0.9540,0.9500,0.9480

USDJPY orders Posted: 17 Jun 2013 01:27 AM PDT Currently 94.96 Sellers 95.20,95.40,95.50,95.75,95.90,96.00,96.20,96.50 Buyers 94.60,94.50,94.20,94.10,94.00,93.80,93.50

GBPUSD orders Posted: 17 Jun 2013 01:21 AM PDT Currently 1.5720 Sellers 1.5740,1.5750,( barrier related),1.5760,1.5790,1.5800,1.5810,1.5840,1.5850 Buyers 1.5700,1.5685,1.5670,1.5650,1.5640,1.5615,1.5600

EURUSD orders Posted: 17 Jun 2013 01:13 AM PDT Good day one and all Here’s the start of a few order boards for you Have a great week EURUSD currently 1.3345. The strong sell interest at 1.34oo is still there as Ryan highlighted earlier Sellers 1.3360,1.3390,1.3400,1.3420,1.3430,1.3450 Buyers  1.3310,1.3300,1.3280,1.3250,1.3230,1.3220,1.3200

USD/JPY option talk on the street Posted: 17 Jun 2013 01:11 AM PDT Word up homies. The 95 option in the yen is said to be fairly substantial. No exact size info just yet but just laying it out for you.

April Italian trade balance EU €0.441bn vs €0.607bn prior Posted: 17 Jun 2013 01:00 AM PDT Prior €0.607bn revised to €0.611bn Global trade balance €1.907 bn vs €3.237bn prior. Revised to €3.240bn

More early orders Posted: 17 Jun 2013 12:48 AM PDT Just a few more orders coming up. Mike will have his usual special order board after he clocks on about 9 am UK time. EUR/USD has offers at 1.3380 and as we know, 1.3400 Bids at 1.3310, 1.3300, 1.3280 USD/JPY Offers at 95.20, 95.30/40, 95.50 stops above Bids 94.50, 94.10, 94.00 stops below EUR/JPY  Offers 126.75, 126.80, 127 stops above Bids 125.70, 125.50, 125.20, 125.00 USD/CHF Offers 0.9250, 0.9270/75, 0.9300 Bids 0.9200, 0.9170, 0.9160, 0.9130 EUR/CHF Offers 1.2340, 1.2350 Bids 1.2300, 1.2275/80 AUD/USD Offers 0.9665/70 stops through 0.9675, 0.9700 Bids 0.9600, 0.9580, 0.9550 stops below

European stock open 17 June Posted: 17 Jun 2013 12:04 AM PDT FTSE +0.1% Dax +0.5% Cac +0.3% Ibex +0.8% FTSE MIB -0.1% European bonds Italy 4.24% -4 bp Spain 4.55% -3 bp Germany 1.54% +3 bp

USD/JPY trips into 95.00 Posted: 17 Jun 2013 12:00 AM PDT 95.09 the high so far as Europe and the UK settle into the new week. GBP/JPY is through 149.00 to 149.30 highs EUR/JPY touched 126.72 but is now at 126.65 USD/CHF ticking up also to 0.9249 AUD/USD was moving up in tandem with USD/JPY on a better risk picture but has fallen from 0.9640 to 0.9620 EUR/CHF is has a bounce in its step which has taken it up to 1.2323 highs

Big levels still in sight in GBP/USD Posted: 16 Jun 2013 11:49 PM PDT Despite the push on the close Friday cable still can’t seem to cling on to the 1.57 handle. We above in Asia and the spent the night slowly slipping down until falling below once again. The pound still remains fairly well bid and we’ve only managed a low of 1.5691. That low sits right on top of the 55 wma at 1.5690 and is adding to the support at the moment. We also have the 200 dma at 1.5696. Above is where it gets interesting. There is still a lovely confluence of three big levels. The 100 wma at 1.5761, the 61.8 fib from the Jan/Mar hi/lo at 1.5788 and the 200 wma at 1.5791. We also have strong resistance at at 1.5786/92 and have a Feb weekly high at 1.5808. As a technical trade it’s an absolute dream with so much stacking up against the upside. We have a way to go before we get up there and there’s plenty to keep us occupied in the meantime. Resistance and tech levels are seen at; 1.5710 55 mma 1.5743 1.5786 1.5792 1.5808 Feb 2nd week high 1.5850 tech res and Feb 1st week high Support and tech are at 1.5686 55 H1ma 1.5660/61 (broken t/l may hold minor support) 100 H1ma 1.5635 1.5579 200 H1ma 1.5571 1.5554 55 H4ma 1.5550 1.5527 I’m still very much looking to take a short starting ahead of the 100 wma at 1.5750/60 and again around 1.5785 with a stop at around 1.5815.

BOE to release capital exercise results for 8 banks on 20th June Posted: 16 Jun 2013 11:19 PM PDT The PRA agency will release figures of their review into banks capital raisings. The BOE has also said that Co-op bank needs £1.5bn of common tier one capital

European stock futures point to small gains Posted: 16 Jun 2013 11:11 PM PDT FTSE +0.1% Dax +0.2% Cac +0.2%

Nikkei closes up 2.73% Posted: 16 Jun 2013 11:02 PM PDT Broke through 13000 on the final stretch to finish up 346.60 points at 13033.12 Now to see how the futures behave the rest of the day. USD/JPY up to 94.88

Early orders going into the European session Posted: 16 Jun 2013 10:54 PM PDT Just a few bits and bobs before Mike come on with the full order board. EUR/USD Heavy offers ahead of 1.3400 touted DNT option Bids seen at 1.3300 with stops on a break of 1.3295 and 1.3275 EUR/JPY is offered at 126.30/40 with stops just below 125.00 USD/JPY Offers coming in ahead of 95.00 with stops just above. Bids are now seen at 94.50 down to 94.00 with stops below 93.95, 93.75 and on a break of 93.50.

BOJ should prepare more easing steps Posted: 16 Jun 2013 10:25 PM PDT Says New Komeito party leader Yamaguchi. Coalition election win would help boost market trust Lack of surprise reduced growth plan’s market impact

ACB on the DNT in the EUR with some SLB Posted: 16 Jun 2013 10:00 PM PDT Talk is of an Asian central bank defending one leg of an double-no-touch option of which one leg is at 1.34 in EUR/USD. Offers are heavy ahead of it and there is large stop loss buying on a break.

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