German Gfk consumer confidence survey for February 5.8


forexlive.com ENewsletter

Posted: 29 Jan 2013 02:01 AM PST
from +2.4%y/y  in Nov
Posted: 29 Jan 2013 01:25 AM PST
Posted: 29 Jan 2013 01:21 AM PST
For the 1000 NY/1500 GMT cut:
EUR/USD: 1.3225, 1.3250, 1.3350, 1.3400, 1.3450, 1.3470, 1.3500
GBP/USD : 1.5750
EUR/GBP: 0.8550
USD/JPY: 90.00, 90.50, 91.00. 91.25,
AUD/USD: 1.0395, 1.0400, 1.0405, 1.0420, 1.0450, 1.0500 1.0600
NZD/USD: 0.8395
EUR/CHF: 1.2400
USD/CHF: 0.9280
Posted: 29 Jan 2013 12:49 AM PST
Talk of some RHS interest (buy interest) lined up for 09:00 GMT fix.
Take it for what you will.
We’re at .8555, fractionally easier from the ..8563 which greeted me, so talk not making much of an impact.
Barrier option interest cited at .8600.
UPDATE:  Fix passes without any discernible move in the cross, presently at .8560 :(
Posted: 29 Jan 2013 12:43 AM PST
Deflation can’t be beaten by monetary policy alone; also need simultaneous fiscal stimulus and policies to support new industries
Posted: 29 Jan 2013 12:35 AM PST
Looking to raise 8.5 bln euros. Issuing new 6-month July 31 2013 BOT.
Results due around 10:05 GMT.
Posted: 29 Jan 2013 12:29 AM PST
Posted: 29 Jan 2013 12:14 AM PST
Spain’s December calendar-adjusted  retail sales have come in -10.7% y/y.  Weaker than previous -7.8% and weaker than expected -8.9%.
Whoa, whoa and thrice whoa.
EUR/USD sits at 1.3436, still shrugging its’ shoulders…….
Posted: 29 Jan 2013 12:04 AM PST
Certainly blew away the dark clouds which have been hovering over AUD/USD in recent sessions, and sent EUR/AUD back off yesterday’s 1.2959 highs, but we’re really still largely range bound in a 1.0300-1.0600 spread for now with the 1.0600 barrier still intact and the 200 day MA at 1.0310 acting to support.
EUR/AUD still looks  bid to me,  but 1.3000/3030 (1.3028 high of 2012) looks a tough nut to crack at the moment. Offers now sit towards 1.2900 with bids below in the 1.2890/00 zone.
AUD’s around 1.0455 with the cross around 1.2855
Posted: 28 Jan 2013 11:45 PM PST
Inline with forecasts and last months’s reading
Posted: 28 Jan 2013 11:34 PM PST
I worry when I see headlines like the one above.   (given I’ve gone for 1.3555 in the latest poll)
And the last euro bear didn’t die Friday.
He’s hangin out here at Forexlive and his name’s Derek.  And he’s right cuddly ;)
Posted: 28 Jan 2013 11:15 PM PST
EUR/USD:  Bids 1.3400/20 (corporates) sell stops below, ahead of bids 1.3360/75 (tenkan line 1.3372) and possible sell stops through 1.3350. Offers 1.3480/00 (1.3500 barrier, 1.3491 = 50% of May 2011-July 2012 fall), buy stops above through 1.3505/15. Offers above 1.3550/60
GBP/USD:  Bids 1.5670/80 possible sell stops below ahead of tech support /bids 1.5630/40(15 Aug low 1.5636). Offers 1.5700/10 and 1.5740/50
EUR/GBP:  Offers 0.8585/00 (barrier 0.8600,  bids 0.8545/55 and 0.8515/25
USD/JPY:   Bids 90.40/50 ( from importers), and more 90. 00/10 (Japanese names). Sell stops below. Offers from 91.00 layered up to 91.30. Larger above 91.40/50 (barrier 91.50) and ahead of a 92.00 barrier. Likely buy stops just above both
EUR/JPY: Bids 121.55/65 sell stops through 121.50, ahead of bids 120.90/00. Offers from 122.40/50 and 123.00/10, reported large buy stops above
AUD/JPY:  Bids/tech supp 94.10/20 sell stops through 94.00 ahead of tankan support at 93.78.  Offers/tech res 95.00/10, buy stops above
AUD/USD:   Bids 1.0400/20 (1.0419 100 day MA), tech support daily cloud base 1.0394,  bids 1.0370/85 and 1.0350/60 with sell stops below ahead of 200 day MA at 1.0310. Offers from 1.0460/80 (cloud top 1.0463, 55 day MA, Fri High  1.0467/68 Tenkan line 1.0481)some buy stops above ahead of offers 1.0490/10 and more buys tops above
Posted: 28 Jan 2013 11:14 PM PST
Posted: 28 Jan 2013 11:06 PM PST
For the 1000 NY/1500 GMT cut:
EUR/USD: 1.3225, 1.3250
GBP/USD: 1.5750
USD/JPY: 90.00, 91.00. 91.25,
AUD/USD: 1.0395, 1.0405, 1.0450, 1.0500 1.0600
NZD/USD: 0.8395
EUR/CHF: 1.2400
Posted: 28 Jan 2013 11:00 PM PST
Up from upwardly revised 5.7 in January (prev 5.6) and better than median forecast of 5.7.
Elsewhere,  German December import prices -0.5% m/m, +0.3% y/y, weaker than median forecasts of -0.1%, +0.9% respectively.
EUR/USD shrugs its’ shoulders wearily…….
Posted: 28 Jan 2013 10:47 PM PST
Financial bookies see FTSE and DAX opening up as much as +0.2%, CAC 40 up as much as +0.3% (we’re totally bankrupt, but we don’t care)
Posted: 28 Jan 2013 10:42 PM PST
Outlook unchanged since 2008.
Reflects Moody’s view that banking system hasn’t yet fully stabilised.
Bummer :(
Posted: 28 Jan 2013 10:30 PM PST
Sits at 1.3448, net change in Asia zip.
Orders remain from yesterday.
Buy orders 1.3400/20, sell stops below.  Sell orders 1.3480/00 ahead of barrier option interest at 1.3500.  Buy stops gathering up at 1.3505/15.
Very little on the euro zone data front this morning.
07:00 GMT: German import prices for December expected -0.1% m/m, +0.9% y/y.  Same time sees German Gfk consumer confidence survey for February, expected 5.7 from previous 5.6.
Focus already wandering to FOMC Wednesday and US jobs report Friday.
Posted: 28 Jan 2013 10:10 PM PST
At 10.866.72
The larger TOPIX index  gained 0.76% at 920.76
Posted: 28 Jan 2013 10:08 PM PST
EFTA (European Free trade association) has ruled that Iceland was justified in refusing to compensate Britain after the then UK Labour Chancellor Alistair darling bailed out UK savers, who had opened high interest online deposit accounts, to the tune of £3.35 bln to maintain financial stability.
The Dutch did likewise.
The ruling by the EFTA, which has links with the European Union, does not mean the UK government will not be compensated for the expense. Iceland has so far used the liquidated assets of Landsbanki to pay out 90 per cent of what foreign governments are owed. This process will continue, the Icelandic foreign ministry said yesterday. But the ruling does establish the principle that national governments are not always responsible for the overseas liabilities of their banks that fail.
Full story here... Independent
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)