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Thursday, August 1, 2013

Your forexlive.com ENewsletter

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EURGBP orders 1 August

Posted: 01 Aug 2013 01:49 AM PDT

Currently 0.8718

Sellers 0.8725 0.8735 0.8750 0.8770 0.8800 0.8815 0.8830

Buyers 0.8700 0.8680 0.8675 0.8645 0.8625 0.8600

Pound soars on manufacturing PMI

Posted: 01 Aug 2013 01:39 AM PDT

A good read from the sector which has now posted five months of gains with three in expansion territory. The economy is starting to confirm signs of a sustained recovery.

As Mike noted cable nudged above 1.5205 while EUR/GBP lost 30 pips to 0.8703.

Cable is still looking weak and this move may reverse. Most of the month-end flows may be done by now but there may still be a little left to do come the EU fix at 12.00 gmt as well as some scaling into positions for the new month.

 

UK Markit manufacturing PMI july: 54.6 vs 52.8 exp

Posted: 01 Aug 2013 01:28 AM PDT

  • 52.9 prev revsied up from 52.5

Much better than expected. highest since july 2011

GBP flying

GBPUSD 1.5202 EURGBP 0.8705

Uk manu pmi 01 08 2013

 

AUDUSD orders 1 August

Posted: 01 Aug 2013 01:28 AM PDT

Currently 0.8962

Sellers 0.8980 0.9000 0.9020 0.9040 0.9050 0.9070 0.9080 0.9100

Buyers 0.8930 0.8920 0.8910 0.8900 0.8860 0.8850 0.8820 0.8800

Technical levels 1 August

Posted: 01 Aug 2013 01:24 AM PDT

Pinch, punch, first of the month etc.

Here are the levels for today.

01-08-2013 09-23-34

EURJPY orders 1 August

Posted: 01 Aug 2013 01:21 AM PDT

Currently 130.52

Sellers 131.00 131.20 131.40 131.50 131.80 132.00

Buyers 130.25 130.00 129.80 129.60 129.50 129.35 129.20 129.00

USDJPY orders 1 August

Posted: 01 Aug 2013 01:13 AM PDT

Currently 98.61

Sellers 98.80 99.00 99.20 99.50 99.60 99.75 99.80 100.00 100.20 100.50

Buyers 98.35 98.15 98.00 97.80 97.65 97.50 97.20 97.10 97.00

usdjpy orders 1 aug

July EZ manufacturing PMI 50.3 vs 50.1 exp

Posted: 01 Aug 2013 12:58 AM PDT

  • Prior 50.1

German Markit manufacturing PMI july: 50.7 vs 50.3 exp

Posted: 01 Aug 2013 12:53 AM PDT

  • 50.3 prev

Another better than expected reading but euro still unimpressed which suggests some good selling interest going through

EURUSD 1.3238 EURGBP 0.8733 EURJPY 130.52

 

French Markit manufacturing PMI july: 49.7 vs 49.8 exp

Posted: 01 Aug 2013 12:48 AM PDT

  • 49.8 prev

Italian Markit manufacturing PMI july: 50.4 vs 49.8 exp

Posted: 01 Aug 2013 12:43 AM PDT

  • 49.1 prev
  • highest since july 2011

Better than expected but EUR not impressed

EURUSD 1.3243 EURGBP 0.8733 EURJPY 130.67

 

Spain’s Rajoy says july unemployment data will show a large improvement

Posted: 01 Aug 2013 12:36 AM PDT

The Spanish PM likes to pre-empt the data and this time he says we’ll see 340k less unemployed

That will be most welcome of course

Oh, and he also says he “made a mistake” in his relationship with his former party treasurer !

Add:

  • says all accusations of illegal party financing are false
  • says he has always declared all his income

Spanish Markit manufacturing PMI july:49.8 vs 50.00 prev

Posted: 01 Aug 2013 12:14 AM PDT

European equity markets open firmer

Posted: 01 Aug 2013 12:06 AM PDT

  • FTSE +0.2%
  • DAX +0.5%
  • CAC 40 +0.1%
  • IBEX +0.3%
  • FTMIB +0.6%

Shanghai Comp Index closes up 1.77% at 2029.07

Posted: 01 Aug 2013 12:03 AM PDT

Cable clumped lower

Posted: 01 Aug 2013 12:01 AM PDT

On the early European demand for USD

Bids vapourized at 1.5150 triggering stop losses

Low posted 1.5134 ahead of further sizeable buying interest at 1.5125

Currently back up to 1.5141 in a rush but looking heavy still

Europe grabbing the greenback

Posted: 31 Jul 2013 11:54 PM PDT

USDJPY up to 98.74

USDCHF 0.9297

EURUSD 1.3258

GBPUSD breaking down through strong buying interest at 1.5150. now 1.5140

GBPUSD orders 1 August

Posted: 31 Jul 2013 11:27 PM PDT

Currently 1.5159. Good demand noted just below

Sellers 1.5185 1.5200 1.5215 1.5250 1.5280 1.5300 1.5325 1.5350

Buyers 1.5150 1.5125 1.5100 1.5080 1.5060 1.5050 1.5025 1.5000

gbpusd orders 1 aug

EURUSD orders 1 August

Posted: 31 Jul 2013 11:22 PM PDT

Currently 1.3272

Sellers 1.3290 1.3300 1.3310 1.3350 1.3380 1.3400 1.3420

Buyers 1.3260 1.3240 1.3210 1.3200 1.3180 1.3165 1.3150

eurusd orders 1 aug

Eurostoxx 50 futures +0.8%

Posted: 31 Jul 2013 11:04 PM PDT

  • DAX futures +0.8%
  • CAC 40 futures +0.3%

Bund futures up 30 at 142.67

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