Archive for December 27th, 2009
Dec 27, 2009 in Grow Financially, Investment Protection, Opportunities
Intraday bias in USD/JPY remains neutral for the moment. Retreat from 91.86 could continue and might have another fall to 4 hours 55 EMA (now at 90.62). But after all, another rise is still in favor as long as 88.96 support holds. Above 91.86 will target 92.31 resistance first and…
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Dec 27, 2009 in Grow Financially, Investment Protection, Opportunities
Intraday bias in USD/CHF remains mildly on the downside with 1.0403 minor resistance intact. Correction from 1.0506 is still in progress and might extend beyond 38.2% retracement of 0.9959 to 1.0506 at 1.0297. Nevertheless, downside is expected to be contained well above 1.0175 cluster support (61.8% retracement of 0.9959 to…
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Dec 27, 2009 in Grow Financially, Investment Protection, Opportunities
No change in GBP/USD’s outlook. Intraday bias remains neutral for the moment and consolidations form 1.5919 might extend further. Another rise to 4 hours 55 EMA (now at 1.6099) cannot be ruled out. But after all, upside should be limited well below 1.6408 resistance and bring fall resumption. Current decline…
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Dec 27, 2009 in Grow Financially, Investment Protection, Opportunities
EUR/USD’s rebound from 1.4127 is still in progress and further rise could be seen to 38.2% retracement of 1.5143 to 1.4217 at 1.4571. Nevertheless, upside should be limited by 61.8% retracement at 1.4789 and bring fall resumption. Below 1.4217 will target 38.2% retracement of 1.2329 to 1.5143 at 1.4068 next….
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Dec 27, 2009 in Grow Financially, Investment Protection, Opportunities
Dollar remains soft in early US session as consolidations continues. Strength in gold is giving some pressure to the greenback as the precious metal is holding firm above 1100 level. In addition, crude oil is support by rally in equities and is staying above 78 level. Note that the strength…
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Dec 27, 2009 in Grow Financially, Investment Protection, Opportunities
The currency market came to a standstill during European trading hours, after a smoothly trending Asian session that had the dollar sold. The range-bound trading pattern is in-line with the light trading volumes observed overnight, which did not allow the market to move anywhere decisively, or at least to test…
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Dec 27, 2009 in Grow Financially, Opportunities
| Date |
Time* |
Source |
Description |
Forecast |
Previous |
| 12/28/2009 |
00:01 |
UK |
Hometrack Housing Survey (YoY) |
n/a |
-2.9% |
| 12/28/2009 |
01:30 |
JPN |
Labor Cash Earnings YoY |
-1.8% |
-1.9% |
| 12/28/2009 |
15:30 |
US |
Dallas Fed Manf. Activity |
2.0% |
0.3% |
| 12/29/2009 |
09:30 |
UK |
BoE Housing Equity Withdrawl |
-GBP5.8B |
-GBP7.0B |
| 12/29/2009 |
14:00 |
US |
S&P/CS Composite-20 YoY |
-7.3% |
-9.36% |
| 12/29/2009 |
15:00 |
US |
Consumer Confidence |
52.8 |
49.5 |
| 12/29/2009 |
22:00 |
US |
ABC Consumer Confidence |
n/a |
n/a |
| 12/29/2009 |
23:15 |
JPN |
Nomura/JMMA Manufacturing PM |
n/a |
52.3 |
| 12/30/2009 |
02:00 |
NZ |
Money Supply M3 YoY |
n/a |
0.8% |
| 12/30/2009 |
09:00 |
EU |
Euro-Zone M3 s.a. (YoY) |
0.3% |
0.3% |
| 12/30/2009 |
14:45 |
US |
Chicago Purchasing Manager |
55.0 |
56.1 |
| 12/31/2009 |
00:30 |
AUS |
Private Sector Credit YoY% |
n/a |
1.1% |
| 12/31/2009 |
07:00 |
UK |
Nat’wide House prices nsa (YoY) |
5.6% |
2.7% |
| 12/31/2009 |
13:30 |
US |
Initial Jobless Claims |
460K |
452K |
| 12/31/2009 |
13:30 |
US |
Continuing Claims |
5100K |
5076K |
| 12/31/2009 |
15:00 |
US |
NAPM-Milwaukee |
57.0 |
57.0 |
| 12/31/2009 |
21:15 |
US |
Bloomberg FCI Monthly |
n/a |
n/a |
| 1/4/2010 |
08:55 |
GE |
PMI Manufacturing |
53.1 |
53.1 |
| 1/4/2010 |
09:00 |
EU |
PMI Manufacturing |
51.6 |
51.2 |
| 1/4/2010 |
09:30 |
UK |
M4 Money Supply (YoY) |
n/a |
9.2% |
| 1/4/2010 |
09:30 |
EU |
Sentix Investor Confidence |
n/a |
-5.5 |
| 1/4/2010 |
15:00 |
US |
ISM Prices Paid |
56.0 |
55.0 |
| 1/4/2010 |
23:50 |
JPN |
Monetary Base (YoY) |
n/a |
3.8% |
| 1/5/2010 |
00:00 |
AUS |
HIA New Home Sales |
n/a |
-6.0% |
| 1/5/2010 |
05:00 |
JPN |
Vehicle Sales (YoY) |
n/a |
36.0% |
| 1/5/2010 |
08:55 |
GE |
Unemployment Change (000′s) |
5K |
-7K |
| 1/5/2010 |
09:30 |
UK |
PMI Construction |
47.5 |
47.0 |
| 1/5/2010 |
10:00 |
EU |
Euro-Zone CPI Estimate (YoY) |
0.9% |
0.6% |
| 1/5/2010 |
13:30 |
CA |
Industrial Product Price MoM |
0.5% |
-0.3% |
| 1/5/2010 |
15:00 |
US |
Factory Orders |
0.5% |
0.6% |
| 1/5/2010 |
22:00 |
US |
ABC Consumer Confidence |
n/a |
n/a |
| 1/6/2010 |
00:01 |
UK |
BRC December Shop Price Index |
n/a |
n/a |
| 1/6/2010 |
01:30 |
AUS |
Building Approvals (YoY) |
n/a |
11.7% |
| 1/6/2010 |
08:55 |
GE |
PMI Services |
53.1 |
53.1 |
| 1/6/2010 |
09:00 |
EU |
PMI Services |
53.7 |
53.0 |
| 1/6/2010 |
09:30 |
UK |
Official Reserves (Changes) |
n/a |
$1947M |
| 1/6/2010 |
10:00 |
EU |
Euro-Zone PPI (YoY) |
-4.6% |
-6.7% |
| 1/6/2010 |
12:30 |
US |
Challenger Job Cuts YoY |
n/a |
-72.3% |
| 1/6/2010 |
13:15 |
US |
ADP Employment Change |
-75K |
-169K |
| 1/6/2010 |
15:00 |
US |
ISM Non-Manf. Composite |
50.3 |
48.7 |
| 1/6/2010 |
21:45 |
NZ |
Trade Balance |
n/a |
-487M |
| 1/7/2010 |
00:30 |
AUS |
Retail Sales s.a. (MoM) |
n/a |
n/a |
| 1/7/2010 |
01:30 |
AUS |
Trade Balance |
n/a |
-2379M |
| 1/7/2010 |
05:39 |
AUS |
Foreign Reserves |
n/a |
45.9B |
| 1/7/2010 |
10:00 |
EU |
Euro-Zone Retail Sales (YoY) |
-1.8% |
-1.9% |
| 1/7/2010 |
11:00 |
GE |
Factory Orders YoY (nsa) |
-0.4% |
-8.5% |
| 1/7/2010 |
12:00 |
UK |
BOE ANNOUNCES RATES |
0.50% |
0.50% |
| 1/7/2010 |
13:30 |
US |
Initial Jobless Claims |
n/a |
n/a |
| 1/7/2010 |
13:30 |
US |
Continuing Claims |
n/a |
n/a |
| 1/7/2010 |
15:00 |
CA |
Ivey Purchasing Managers Index |
51.0 |
55.9 |
| 1/8/2010 |
05:00 |
JPN |
Leading Index CI |
n/a |
89.4 |
| 1/8/2010 |
07:00 |
GE |
Trade Balance |
12.5B |
13.6B |
| 1/8/2010 |
09:30 |
UK |
PPI Output Core NSA |
1.9% |
2.0% |
| 1/8/2010 |
10:00 |
EU |
Euro-Zone Unemployment Rate |
9.9% |
9.8% |
| 1/8/2010 |
11:00 |
GE |
Industrial Prod. YoY (nsa wda) |
-8.0% |
-12.4% |
| 1/8/2010 |
12:00 |
CA |
Net Change in Employment |
20.0K |
79.1K |
| 1/8/2010 |
13:30 |
US |
Change in Nonfarm Payrolls |
-10K |
-11K |
| 1/8/2010 |
15:00 |
US |
Wholesale Inventories |
-0.3% |
0.3% |
| 1/8/2010 |
20:00 |
US |
Consumer Credit |
-$5.0B |
-$3.5B |
* Times listed are GMT
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Dec 27, 2009 in Grow Financially, Investment Protection, Opportunities
The Japanese yen and U.S. dollar plunged versus other major currencies in narrow-range trading day, amid holidays ahead of the year-end. Meanwhile, there are hopes of recovery from major economies after the strong data released recently. Japanese industrial production rose in November and China raised its economic growth projections today….
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Dec 27, 2009 in Grow Financially, Investment Protection, Opportunities
FX markets are little changed from last week, as participants seem content to let the year wind down. The Asian session was thinned by holidays in Australia and New Zealand, but overall risk correlated trade faired well. The EURUSD has been range trading between 1.4355-1.4405 while USDJPY is trading in…
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Dec 27, 2009 in Grow Financially, Investment Protection, Opportunities
Subdued trading was the theme as various centers around the globe continued to celebrate public holidays. The USD was little changed from its opening levels in Asia and continued to consolidate its recent gains against the major pairs. Dealers did note that despite rising and widening yields the dollar seemed…
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