All we have to do is tick a box…
…and comments go away.No more questions, no more observations, no more feedback.
Keep your comments constructive or take them elsewhere.
Life is too short to referee a kindergarten….
ForexLive US wrap-up: Is it Friday yet?
- ECB keeps rates unchanged; extends extraordinary liquidity operations into early January; 3-month refis to be done at variable, not fixed rates
- ECB staff raises GDP and inflation forecasts, Trichet sees no double dip
- US jobless claims fall 1,000 to 472,000
- US nonfarm productivity falls 1.8% in Q2
- US pending home sales rise 5.2% in August
- Chain store sales rise 3.2% on August: ICSC
- Reuters poll: 55% of economists polled see BOC rate hike next week
- US factory orders rise 0.1% in July, June revised higher to -0.6%
- S&P 500 average 0.9% to 1090
- US 10-year note yields rise 5 bp to 3.63%
A mostly range-bound session with EUR/USD stalling ahead of 1.2850. Stops reside just above 1.2860, traders report. Dips were limited to 1.2805 with European corporate buying seen on dips.
JPY pairs were quiet save for AUD/JPY which was a strong performer. AUD/USD closes at trend highs 0f 1.9120 ahead of payrolls.
Sorry for abbreviated wrap-up but we have a hurricane on the way and I need to do some prep work…
EUR/JPY trying to edge up as stocks extend gains late
Many have trimmed positions in anticipation of tomorrow’s employment report but there are still a few intrepid jobbers around and they are marking up EUR/JPY a bit as US equities rally into the close. We’re up about 0.8% with a bit less than 15 minutes of trading to go.
Resistance on the hourly chart comes in around 108.20 near-term.
Those compasionate Aussies
Tenderly caring for a dying whale…
I wonder if Sean lite the fuse?
And now a word from our sponsor…
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This one goes out to the East Coast
It’s gonna be a busy 24 hours preparing for the first big hurricane in nearly 20 years.
Here’s a tune to get you in the mood…
Come one come all
Enter your guess in our non-farm payrolls contest. If you win, you will receive a very rare commodity, a ForexLive tee-shirt.
ECB’s Nowotny: No danger of double-dip
Austria’s central bank head Ewald Nowotny is parroting Trichet from this morning’s meeting saying he sees no risk of a double-dip recession in Europe.
Never say never, Ewald!
Citi analysts like EUR/CHF
Citibank analysts (not the tech guys) say like EUR/CHF, noting the slide is overextended and that hedge funds have too large a short position. Yield spreads between Germany and the likes of Greece and Spain have narrowed a bit of late, lessening the safe-haven play. The like a small position, about 5% of a portfolio, they say…
EUR/USD sinking in range; Buyers were here earlier…
Not a lot of buzz in the market this afternoon so it is tough to get much of a read on things at the moment.
EUR?USD has eased back into the 1.2805/10 area, a level where a European corporate was a significant buyer earlier in the session. Expect a few small stops just below 1.2800 if it turns out there are not on the bid this time around. Better support remains in the 1.2775/80 region. Stops are seen around 1.2770 if that level gives way.

AUTOREFRESH 







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