March 17th, 2010 19:55:44 GMT

LOOK AHEAD: US event calendar for Thursday;……….

by

LOOK AHEAD: US event calendar for Thursday;
—— ABA govt rels meeting, many Fed officials speak.
9.00am Cleveland Fed Pres Pianalto speech.
11.00am UST announces 3/6m bills.
11.30am Fed Gov Duke speech at ABA Womens Leadership.
12.00pm Korea FinMin visits US.
12.45pm UST’s Krueger speech at BondBuyer summit.

Comments Off

March 17th, 2010 19:40:43 GMT

LOOK AHEAD: US economic data calendar for Thursday;..

by

LOOK AHEAD: US economic data calendar for Thursday;
8.30am Jobless Claims for Mar 13, survey wk. Est 455k.
8.30am Feb CPI. Median est +0.1%/+0.1% core.
8.30am Q4 C/A. Median est -$118b.
10.00am Mar Philly Fed index. Median est 18.
10.00am Feb leading indicators. Median est +0.2%.
10.30am EIA nat gas data for wk Mar 12.
4.30pm Fed releases M2 and banking data.

Comments Off

March 17th, 2010 19:40:41 GMT

FED: Bernanke; have not seen any reduction in demand.

by

FED: Bernanke; have not seen any reduction in demand for US Tsys. Says
does not anticipate any problem financing US debt. Adds that if s-term
rates rise, so will l-term rates; increase cost of servicing debt. Does
not expect reduced demand for US Tsys. Says carry trade not a risk-free
enterprise.

Comments Off

March 17th, 2010 19:27:29 GMT

I spy a potential double top in EUR/JPY

by

Since stalling at 125.07 this morning in London, EUR/JPY has had the potential to form a double top with the prior high at 125.21. A break below the low between the two peaks which comes in at 123.24 is the trigger point. A break of that level implies a decline of roughly two-JPY to come, on a measured-move basis. Stops from short-term players lie just below the 123.80 level, traders report.

3-17 eurjpy

3 Comments

1 13,229 13,230 13,231 13,232 13,233 13,234 13,235 13,236 13,237 13,238 13,239 15,585

About Forexlive

Founded in 2008, ForexLive.com is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading professionals. Get the latest breaking foreign exchange trade news and current updates from active traders daily. ForexLive.com blog posts feature leading edge technical analysis charting tips, forex analysis, and currency pair trading tutorials. Find out how to take advantage of swings in global foreign exchange markets and see our real-time forex news analysis and reactions to central bank news, economic indicators and world events.

Our authors have years of experience in financial markets and provide diverse, thought-provoking updates relating to news about global macro events and the worldwide forex economic calendar, with frequently updated content that is educational for traders at all levels from beginner to novice that can help traders make better decisions about forex trading. Our forex news focuses on G10 events, macroeconomic indicators, major equities indexes, treasury and bond yields from around the world, politics as it relates to forex trading and news from the FOMC as well as global central banks in, Europe and Asia.

Learn More About The Forex Live Authors Here and Follow us on Twitter, Facebook & Google+

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.