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Forex History 2010-10-25 (25 October 2010 ) |
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| An intensely choppy week of forex price action has made for mixed performance out of automated trading strategies, and indecisive price action clouds outlook for market conditions in the week ahead. | |
| Forex trading markets offer the lure of high leverage and potentially large gains, but leverage is always a double-edged sword and irresponsible use can lead to heavy losses. Recent changes in forex regulations have aimed to rein in market excesses. | |
| Elevated forex market volatility has once again benefited volatility-friendly Breakout trading strategies, and relatively high expectations bode well for their near-term outlook. Forex Options Market volatility expectations on the Euro/US Dollar exchange rate are near their highest levels in six months, and the pair is likely to continue seeing outsized swings in the week ahead. | |
| After testing the 20-day SMA, the EURUSD has since then reversed course and now looks poised to extend its advance towards in the near term as the . dollar continues to remain under pressure post the G-20 meeting in South Korea this past weekend. | |
| FOREX: US Dollar Tumbles as Focus Returns to Fed QE After G20 Summit | |
| Forex Weekly Forecast - | |
| (Barcelona) - After falling to its lowest level in 20 months by breaking down tentatively below the previous long-term low of set in May to bottom out at , the British Pound has been recovering ground to the upside, to currently regain area. | |
| (Buenos Aires) ? EUR/USD continues losing momentum, consolidating barely above current session low of , and accelerating lower towards past Asian session and daily low around . Pair has lost more than 100 pips from daily high, as investors are still reluctant to hold positions once the pair moves above . Stops hunts has been the theme of the day today, with EUR/USD ... | |
| (Buenos Aires) ? Following up beating comments from RBA governor?s Glenn Stevens, Australian dollar soared against greenback, reaching an intraday high around ; supported by rising stocks and gold, the currency lost momentum after Wall Street opening, and approaches to key psychological support around , having tested so far in current session. | |
| Gold has been receiving an increasing amount of attention recently as the metal soars to new record levels. But you don?t have to trade gold to benefit from the metal?s recent volatility. |
FX History|
| The Group of 20 major economies vowed to avoid competitive currency devaluations and shifted more IMF power to emerging economies, taking steps analysts see as important to avert the risk of trade wars and promoting flexible exchange rates. | |
| LONDON (SHARECAST) - The dollar staged a modest recovery in late morning trading on Friday as the world?s economic powerhouses met in South Korea. | |
| Options market risk reversals have long been known as a gauge of financial market sentiment, and this article highlights two key strategies in using FX options risk reversals to trade major currency pairs. | |
| The USD gained for the second week in a row. The GBPUSD, USDCHF, and USDCAD have revered the most from recent extremes. Expect choppiness as the US dollar attempts to build a base from which to work higher. | |
| To promote one of the most critically acclaimed fall cable shows not enough people are watching, "Terriers" stars Donal Logue ("Grounded for Life") and Michael Raymond-James ("True Blood") are taking an old-fashioned approach to publicity, barnstorming the country in a bus wrapped in "Terriers" promos and making stops at college campuses. | |
| - The Group of 20 major economies vowed to avoid competitive currency devaluations and shifted more power to emerging economies at the IMF, taking steps that analysts viewed as important for averting trade wars and promoting flexible exchange rates. | |
| Fresh Fed action likely to remain in spotlight. 25 Oct 2010 8:43 AM | |
| Copper, oil and other growth-linked commodities may benefit this week from the G20's hardened stance towards exchange rates, but anticipation of more US policy easing is likely to remain in the spotlight. | |
| Stimulsoft Company, a leading manufacturer of software for Business Intelligence, announces the release of new products report generator technologies Flex and PHP. | |
| FX Options sentiment has seen a noteworthy correction on recent US Dollar gains, and sharp moves suggest that the US currency may continue to recover against the Euro and other major forex counterparts. |
Forex Quotes on 2010-10-25| Symbol | Price | Signal | Time(GMT) | | EUR/CHF | 1.3617 | SELL | 20:00 | | EUR/GBP | 0.8916 | BUY | 20:00 | | EUR/JPY | 113.53 | ----- | 20:00 | | EUR/USD | 1.3977 | BUY | 20:00 | | GBP/USD | 1.5673 | SELL | 20:00 | | USD/CHF | 0.9738 | SELL | 20:00 | | USD/JPY | 81.22 | SELL | 20:00 |
25 October 2010 - 19:43:53 MARKET TALK: New Zealand dollar continues to benefit from the weakening U.S. dollar
- 19:34:17 King: Limits on debt capital is largely commendable
- 19:34:05 King: Basel Capital III is not enough to avert a crisis in the future
- 19:33:54 Manager Bank of England's King: Basel III - a positive step, but should do more
- 19:14:52 The Bank of Japan will probably keep rates near zero for at least two years - Nikkei
- 19:09:54 Crude oil futures on the NYMEX on trading results increased in price by 83 cents to 82.52 dollars per barrel amid dollar weakness
- 19:06:52 Crude oil futures on the NYMEX at the end of day trading with an increase of 76 cents, to 82.45 dollars per barrel
- 18:34:53 REVIEW: The dollar fell after the meeting of the Big Twenty, but favorable data stem the tide of falling
- 18:05:04 Bullard: The reaction of the Council for Supervision should not be excessive
- 18:04:52 Bullard: Supervisory Board must make difficult decisions, even in good times
- 18:03:54 Fed's Bullard Representative: New Oversight Board for financial stability should identify risks in real time
- 17:54:53 SPEAK ON THE MARKET: The dollar retained the risks associated with events
- 17:41:53 Quotes oil futures decline amid growing U.S. dollar
- 17:32:53 DJIA: +43,18 points to 11,175.74 points
- 17:09:53 Fed's Dallas: The index of business activity in October against 2.6 -17.7 in Sept -2 -
- 17:05:53 ECB Weber: Markets must be free to determine exchange rates
- 17:02:53 DJIA: +46,4 points to 11,178.96 points
- 16:51:53 Weber: Interest rates should not be too low for too long
- 16:33:52 DJIA: +67,66 points to 11,200.22 points
- 16:26:12 Weber: Low interest rates support the bank lending
- 16:26:01 Weber: In Germany, no comprehensive credit crisis
- 16:21:52 Weber: Global economic growth is relatively dynamic
- 16:15:05 Weber: the GDP will reach pre-crisis indicators until 2011
- 16:14:53 Weber: German GDP growth in the 3 rd, 4 th quarter will be weaker than in the 2 nd quarter
- 16:10:53 Fed's Dallas: The index of business activity in October against 2.6 -17.7 in September
- 16:09:04 Weber: Price stability remains the ECB's main goal
- 16:08:53 Weber: Germany's budget deficit in 2010 will be significantly lower than 4%
- 16:06:53 DATA: Sales of existing homes in the U.S. Sept. 10.0% to 4.53 million homes a year -3 -
- 16:04:04 DJIA: +75,8 points to 11,208.36 points
- 16:03:53 Weber: Companies should take steps to improve its competitiveness
- 16:02:04 Weber: High volatility in exchange rates - a negative phenomenon
- 16:01:53 MARKET TALK: Euro descended from the heights - yet
- 15:57:53 Weber: Markets must be free to determine exchange rates
- 15:56:54 Weber: You should avoid protectionist tendencies
- 15:53:53 ECB Weber: New fiscal rules go far enough
- 15:39:53 DATA: Sales of existing homes in the U.S. Sept. 10.0% to 4.53 million homes a year -2 -
- 15:33:53 DJIA: +63,65 points to 11,196.21 points
- 15:27:53 REVIEW: The dollar fell after the meeting of the Big Twenty, has returned to the investors risk appetite -3 -
- 15:24:53 SPEAK ON THE MARKET: The Morgan Stanley recommends open short positions on a pair euro / franc
- 15:03:54 REVIEW: The dollar fell after the meeting of the Big Twenty, has returned to the investors risk appetite -2 -
- 15:02:54 DJIA: +95,97 points to 11,228.53 points
- 15:02:05 Fed's Dallas: The index of business activity in October against 2.6 -17.7 in September
- 15:01:53 Fed's Dallas: The production index in October 6.9 vs. 4.0 in Sep
- 14:54:53 SPEAK ON THE MARKET: The dollar rose on data on sales of existing homes
- 14:49:53 DATA: Sales of existing homes in the U.S. Sept. 10.0% to 4.53 million homes a year
- 14:33:53 DJIA +105 points after macro
- 14:33:39 DJIA: +93,09 points to 11,225.65 points
- 14:33:27 The average price of housing in the U.S. fell by 2.4% yoy to 171.7 thousand dollars
- 14:33:16 Number of homes for sale on the secondary market, U.S. housing meet 10.7 months of sales
- 14:33:05 Sales of existing homes in the U.S. Sept. projected at 4.35 million homes a year
- 14:32:54 Sales of existing homes in the U.S. Sept. 10.0% to 4.53 million homes a year
- 14:31:05 REVIEW: The dollar fell after the meeting of the Big Twenty, has returned to the investors appetite for risk
- 14:11:53 Chicago Fed: National Activity Index in September -0.58 -0.49 in August against -2 -
- 14:05:53 At the opening of trading in U.S. stocks rose: DJIA +34 points, Nasdaq +12 points, S & P 500 6 points, shares of Alcoa, DuPont, materials companies in the sector, banks Expensive
- 13:48:54 Tucker: The fast way out of super soft policy seems less likely
- 13:39:53 Chicago Fed: National Activity Index at -0.58 v. -0.49 Sept. to August
- 13:33:53 MARKET TALK: Reducing the dollar into the hands of the euro
- 13:30:16 France posted a 51-week treasury bills worth 2.005 billion euros, the average yield was 0.892%
- 13:30:04 France posted a 25-week treasury bills worth 2.009 billion euros, the average yield was 0.781%
- 13:29:53 France posted a 12-week treasury bills worth 4.006 billion euros, the average yield was 0.621%
- 13:21:53 SPEAK ON THE MARKET: The U.S. dollar continued to decline during trading in Europe
- 13:03:05 Chicago Fed: 3-month moving average index of national activity in the Sept. -0.33 against -0.32 in August
- 13:02:54 Chicago Fed: National Activity Index at -0.58 v. -0.49 Sept. to August
- 13:00:54 MARKET TALK: U.S. demonstrates the widespread decline against the backdrop of the agreement Twenty Grand
- 12:40:53 SPEAK ON THE MARKET: There are downside risks to the pair GBP / USD - BarCap
- 12:29:04 Tucker: Challenges for the economy "fairly strong"
- 12:24:53 Tucker: Banks have become stronger, but ahead of them waiting for the difficulties
- 12:23:53 Tucker: The fast way out of super soft policy seems less likely
- 12:20:05 Tucker: There is still much to be done to restore
- 12:19:54 The Bank of England Tucker: The economy began to recover
- 12:05:54 SPEAK ON THE MARKET: The dollar / franc is now trading in the short term neutral trend - Sarasin
- 11:54:53 SPEAK ON THE MARKET: There is potential for large-scale displacement of short positions on the pair dollar / yen - MIG Bank
- 11:40:53 SPEAK ON THE MARKET: It is expected that the KOF barometer for Switzerland in October amounted to 2.11
- 11:32:53 Technical research CURRENCY MARKETS: U.S. dollar this week, tends to rise against New Zealand and Canadian dollars, pound and franc
- 11:05:54 Cable: Banks should refrain from the next round of bonuses, pandering to their desires
- 10:59:05 FEATURE: Britain is in a favorable position, while the pound looks unstable -2 -
- 10:58:53 MARKET TALK: Goldman Sachs closed his short position in a pair of Euro / Dollar
- 10:55:53 Technical research: The euro / dollar should reach 9-month highs on the way to 1.4450
- 10:32:53 SPEAK ON THE MARKET: There are signs of further growth in the euro / franc - BarCap
- 10:27:54 DATA: Eurozone industrial orders in August, 5.3% m / m, 24.4% y / y -2 -
- 10:19:54 The head of Nippon Keidanren: Strong Yen - "extremely onerous" burden
- 10:12:54 Minister of State for Business in the UK Government Cable: Recovery will be slow and difficult process
- 10:01:53 British Bankers' Association / BBA /: Net mortgage lending in the UK in September, 1.6 billion pounds against 2.5 billion pounds in August -2 -
- 9:52:53 INFORMATION: Orders are in industry the eurozone in August, 5.3% m / m, 24.4% y / y
- 9:48:53 FEATURE: Britain is in a favorable position, while the pound looks unstable
- 9:45:54 Tumpel-Gugerel: Structural reforms are vital for sustainable growth
- 9:45:27 Tumpel-Gugerel: Effective fiscal consolidation will increase the confidence
- 9:45:15 Tumpel-Gugerel: Revenues will benefit at the expense of profitability of companies
- 9:45:04 Tumpel-Gugerel: Adjustment of the balance will exert pressure on the recovery
- 9:44:53 Tumpel-Gugerel: Measures within the framework of monetary policy and regulation will strengthen the private demand
- 9:42:54 ECB Tumpel-Gugerel notes the positive momentum in the euro-zone economy
- 9:39:05 The ratio of applications to cover a 12-month bills was 1.8 Germany
- 9:38:54 Germany posted a 12-month treasury bills amounting to 2.945 billion euros with an average yield of 0.8521%
- 9:34:27 eurozone industrial orders in August showed a sharp record annual growth
- 9:34:16 eurozone industrial orders in the July revised up to -1.8% m / m, 11.7% y / y
- 9:34:05 eurozone industrial orders in August predicted 3.0% m / m, 22.0% y / y
- 9:33:53 orders in the eurozone in August, industry 5.3% m / m, 24.4% y / y
- 9:28:06 British Bankers' Association / BBA /: Net mortgage lending in the UK in September, 1.6 billion pounds against 2.5 billion pounds in August
- 9:24:53 Britain's Prime Minister Cameron: We will not interfere with British companies to attract skilled staff
- 9:18:54 SAY ON THE MARKET: The euro / dollar is likely to reach new highs - Commerzbank
- 9:14:54 SAY ON THE MARKET: Pound harm concerns about economic growth
- 9:12:53 SAY ON THE MARKET: The Great Twenty could not stop the dollar's decline
- 9:08:53 SAY ON THE MARKET: Japanese companies are preparing for a strong yen - BNPP
- 09:07:53 BBA: The September increase in net mortgage lending is the slowest since October 2000
- 09:06:53 BBA: Lending to non-financial companies in September, -3.3 billion pounds vs. -1.0 billion pounds in August
- 09:05:16 BBA: The total mortgage lending in the UK in September, 8.0 billion pounds against 8.1 billion pounds in August
- 09:05:04 BBA: The number of mortgage approvals in the UK in September, 31,104 against 31,781 in August
- 9:04:53 British Bankers' Association / BBA /: Net mortgage lending in the UK in September, 1.6 billion pounds against 2.5 billion pounds in August
- 9:00:53 Technical research European Forex: Dollar under pressure again -3 -
- 8:56:53 SAY ON THE MARKET: The euro / dollar is supported by the cross-pairs with the euro - BarCap
- 8:42:54 SAY ON THE MARKET: The Australian dollar has risen along with the expectations of the interest rate increase
- 8:37:54 The Fed is likely to buy long term bonds to 2 trillion dollars - Goldman
- 8:26:05 SAY ON THE MARKET: A stop order on the pair dollar / yen is likely to lie below 80.50 - trader
- 8:25:53 SAY ON THE MARKET: Uneven trades franc continues
- 8:22:53 SAY ON THE MARKET: The pair euro / dollar is a good chance to test the strength of a maximum of 1.4161
- 8:16:53 SAY ON THE MARKET: Stick to the downward trend on the pair dollar / yen - BarCap
- 8:13:53 SAY ON THE MARKET: The Great Twenty will not stop the new intervention in Japan
- 8:08:53 SAY ON THE MARKET: Open the gate for the weakening dollar - Commerzbank
- 7:59:54 SAY ON THE MARKET: The dollar / yen goes down, aimed at 80.00
- 7:56:05 SAY ON THE MARKET: The consolidation of pair euro / franc above 1.3505 - a signal of growth
- 7:55:53 Technical research European Forex: Dollar under pressure again -2 -
- 7:45:53 SAY ON THE MARKET: The Great Twenty made the dollar vulnerable - Credit Agricole
- 7:35:06 SUMMARY OF THE DAY: The dollar is trading with a decrease after a meeting of the Big Twenty
- 7:34:54 At the opening of trading the FTSE 100 +0,1%, Stoxx 600 0.4%
- 7:29:53 Minister of State for Business in the UK Government Cable: Recovery will be slow and difficult process
- 7:13:05 Minister of Finance of France: Strikes direct cost of 200-400 million euros per day
- 7:12:54 French Finance Minister did not say whether the strike will affect the 4 th quarter
- 7:11:17 Minister of Finance of France: Strikes may put pressure on economic recovery
- 7:11:05 French Finance Minister: Big Twenty supports the French Pension Reform
- 7:10:53 French Finance Minister: Impact of strikes on the French economy is difficult to assess
- 7:03:53 Technical research European Forex: Dollar under pressure again
- 7:00:53 SAY ON THE MARKET: The growth of the euro / franc is likely to be limited to the level of 1.3678 in the short term
- 6:57:53 SAY ON THE MARKET: The growth of the pair dollar / franc plays out, support is at 0.9653
- 6:52:54 REVIEW: The Australian dollar rose on Monday, can once again achieve parity
- 6:39:52 SAY ON THE MARKET: The dollar / yen has reached a new 15-year low, is expected to test for 79.75
- 06:34:53 Nikkei fell on trading results at the 0.3% to 9401.16 points
- 6:19:55 The dollar / yen has fallen to EBS below 80.84, reached its lowest level since April 1995
- 5:37:55 Gold prices on COMEX have not changed on Friday, quantitative easing is already included in quotes
- 5:02:54 China Research Center: Increasing rates will cause a slight strengthening of the yuan - Financial News
- 4:44:54 Crude oil futures on the NYMEX closed on Friday with a slight rise after volatile week
- 4:10:06 Swan: I would not like to watch competitive devaluations of currencies
- 4:09:56 Swan: In Australia not immune from what happens in the world economy
- 4:08:53 Head of Treasury Australia Swan: Rehabilitation of the world economy unstable and heterogeneous
- 1:02:04 Final PPI / PPI / Australia in the 3 rd quarter 2.2% y / y, forecast 1.4% y / y
- 1:01:53 Final PPI / PPI / Australia in a 3-sq m +1,3% k / k, the forecast 0.6% k / k
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