Archive for the ‘News’ Category
Uncertainty about the BoE action will be EUR / GBP climb
The pound has weakened over the past month on balance further against the EUR. The EUR benefiting from the prospect of rising interest rates will benefit in the euro area, but increases the uncertainty over whether the Bank of England (BoE), as originally conceived in fact promptly raising interest rates. The high inflation rates suggest such an approach - since the end of 2009, inflation is continuously well above the BoE target price by 2%. Most recently, the annual inflation rate has indeed weakened from a peak of 4.4% to 4.0%, but this should not be interpreted as a slowdown in momentum. We expect that the inflation rate still occupies a return to higher levels. The central bank does not mean that the inflation rate
Tags: annual inflation rate, Bank of England, BoE action, central bank, economic agents, interest rates
EUR Benefits of turnaround in interest rates
EUR / USD has in recent weeks, the bias toward upward and reached the mark of 1.45. Crucial to the movement was that of the ECB in early April in view Asked turnaround in interest rates. The disaster in Japan has provided only short-term uncertainty with respect to this view, because the central bankers reaffirmed their willingness to act quickly. In their view, the inflation risks are virulent - the annual inflation rate was last indicated at 2.6% - while the impact of the earthquake are not yet in sight. Accordingly, the ECB announced that it has raised interest rates by 25 bp to 1.25%. So that it directs his own words no one series of rate cuts, but inflation risks are regarded as upward,
Tags: annual inflation rate, consensus, inflation risks, policy
Forex weekly overview, 16th KW 2011
The development of the last week
Here is peace and calm to the markets is not much to see. Gold and silver
reaching new heights and the risk of kickback or rather a correction is growing.
As Goldman Sachs warning of a correction in the gold market at the beginning of
last week, by itself, it first went down with the prices. Evil spirits my yes,
this was intentional, because it could enter the pros at lower prices. Because
the environment is still talking to the great security of gold! Recall – Greece,
here is a rescheduling to take place in other words, create the Greeks do not
pay their debts!
Three reasons can there be for this – first, the debts are too high, not changed
Secondly, the Greeks their spending and revenue is too low, or Third, and
because I believe so – take the two points together here. Regardless of the
uncertainty in the EU, Portugal, Spain, Ireland and Greece remains high.
Addition, there is the weak USD, which drives investors into gold. have Euro and
USD and brings us to the actual topic, let’s look at how the market develops
developed in the last week. Read the rest of this entry »
Tags: currencies, Gold and silver, gold market, high debts, low revenue, market development, strong resistance zone
U.S. dollar gains after the Federal Open Market Committee statement
One explanation for the recent upswing in the dollar found some in an easing
in demand for the commodity-linked currencies such as the Australian and
Canadian dollars. Also, a series of peaceful expression of members of the
Federal Open Market Committee (FOMC) gave the U.S. dollar momentum, as the
monetary policy of the U.S. Federal Reserve appears to be somewhat more stable
than suspect the recent political movements in Europe, it can be.
USD – USD positively Open Market Committee members make statements as peaceful Read the rest of this entry »
Tags: economic calendar, Economic Sentimen, economic stability, Federal Open Market Committee, FOMC Statement, U.S. Federal Reserve, US Dollar Gains, usd posted gains
GBP / JPY lurks below ¥ 140.00
Intraday resistance: 140.00 + 140.44 + 141.30
Intraday Support: 139.50 + 139.15 + 138.75
For the past three days lurks Britsche pound (GBP) below the circular mark from
140,00 yen. This behavior underscores the relevance of this area and presents
two aspects in the foreground:
Read the rest of this entry »
Tags: British Pound, circular mark
Pound U.S. Dollar jumps to the destination – continues the rally?
In this chart we look at the technical meeting Pound (GBP) against the U.S.
dollar (USD). The pound is here traded in U.S. dollars, increasing the currency
pair GBP / USD, adds value to the pound. Reverse can be said: The U.S. dollar
depreciates then.
British pound against U.S. dollar – Symbol: GBP / USD – ISIN: GB0031973075
Price level: $ 1.6391
Review: The British pound reached in early February the 2010 high of $ 1.6296
and has started a sideways consolidation, the highs were then selected then a
slightly rising trend line. The last pullback to the support area at 1.5960 to
1.5997 USD by the end March in the past few days as expected, again bought
shoots GBP / USD steeply (see attached chart graphics!).
Read the rest of this entry »
Tags: British Pound, currency pair., short-term chart picture, Technical Chart, U.S. dollar turnover
Turnaround in interest rates in the U.S.?
The Federal Reserve seems to gradually usher in the end of the ultra-loose
monetary policy. End of June, the program runs for purchase of bonds worth 600
billion USD from – and if it goes to some central bankers is to be extended or
not it even shorter. The President of the St. Louis Federal Reserve, James
Bullard, goes further: He even keeps a rate hike in the not too distant future
possible. So far, most experts expected only in 2012 with a rate hike. want to
prepare for the fact that the U.S. central banker, the markets seem friendly to
the change in monetary policy comes as a surprise, because the economic data
came in last not always convincing, especially the real estate market came back
unexpectedly bad numbers.
Read the rest of this entry »
Tags: Federal Reserve, interest rates, James Bullard, Monetary policy, St. Louis Federal Reserve, U.S. central banker
Weekly overview, Forex and Precious Metals 15th KW 2011
The last week brought the expected rise in interest rates by 25 basis points
(0.25%) of the ECB in €, made the jump gold over the strong opposition of 1,450
USD and made it that the silver was the mark of 40 USD behind. But there were
other interesting events – get an overview of price trends from the last week. Read the rest of this entry »
Tags: Australian Dollar, Canadian dollar, currency market, interest rate, Japanese yen, palladium, platinum, precious metal, silver
A guide to the symmetrical triangle pattern
Another forex trend pattern is introduced and analyzed in this section. This pattern of trend graph is known as the symmetrical triangle.
Explore patterns of symmetrical triangles Forex and show you how to implement symmetrical triangle patterns as part of its technical analysis of Forex. After reading our guide you will be familiar with symmetrical triangles identify and act upon them.
A graph of the symmetrical triangle is another tool used by traders as part of its technical analysis method. A symmetrical triangle is a continuation of the operations that occur while a bullish or bearish trend is already in progress. The symmetrical triangle pattern is formed when either buyers or sellers can take control of the price movement. Symmetrical triangle patterns are created by lines of values of higher prices and lines of values lower prices – together create a typical form of symmetrical triangle.
Tags: analysis method, breaking point, foreign currency., symmetrical triangle, trend pattern
The difference between the volume of shares and the amount of foreign currency
A look at the volume of currency and what is the difference between the volume of shares and the volume of forex currency.
The volume of foreign exchange measures the “total value” of the market movement. If a currency pair has a strong market movement, the perceived strength of this particular movement depends on the amount of volume for that period. Read the rest of this entry »
Tags: currency pair., Foreign Exchange, market movement, NB market movements, tailspin
