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Both sides confident US house will pass bipartisan senate bill

Senior Democrat aide
  • Boehner calls senate leadership to say will vote first
USD picking up again.
USD/JPY has eyes on 99.00
EUR/USD down to 1.3473
GBP/USD 1.5904 and facing support at the big number
USD/CHF 0.9168
EUR/CHF walking around in a daze as usual and falls to 1.2349 from the highs at 1.2366
Stocks still holding the highs with the S&P reaching 1721. 1729 is the all time high.
Gold is holding steady just off the lows. at $1272
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mag avatar
mag 16 Окт.

Thanks Anna

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Forex Americas wrap. So near but yet so far

Forex trading headlines for 14 October 2013:
•Australia and the US top to Chinese spending charts
•Asmussen looking forward to Spain and Ireland leaving bailout program
•Greece’s Stournaras says “Where’s my promised debt rollovers?” Asmussen says “Jog on pal”
•Traders stick with calls for a US debt solution before D-day
•Merkel hoping for coalition deal by weekend
•BOE’s incoming new deputy governor Jon Cunliffe says UK firms using up capacity before hiring
•BOE’s Cunliffe says there plenty of a…
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mag avatar
mag 15 Окт.

Thank You Anna

mag avatar
mag 15 Окт.

do you like 45 years Pin Ups?

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Dollar feeling some pressure as US comes online

The buck is under the cosh in what little early trading there is.
USD/JPY never even looked like closing the gap and is now pushing towards the lows again at 98.06. Currently 98.10.
EUR/USD is up to 1.3592 and cable has broken into 1.6000 and run some stops to 1.6015.
USD/CHF closed the gap as did EUR/CHF but those moves have reversed plus some. EUR/CHF has broken the overnight gap low of 1.2326 after hitting a high of 1.2359 while USD/CHF is at a low of 0.9068.
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Government Shotdown: What happens to the US dollar?

The market reaction to headlines about potential compromise and Boehner backing off the debt ceiling are a good example of what will likely happen when a deal is eventually reached. Unless the deal comes like a bolt out of the blue (rare with so many leaks in Washington) or on the weekend, there will be a chance to chase the headlines.
The biggest USD gains were against CHF and JPY — the safe haven currencies. Expect that to continue. Since last Wednesday, when a shutdown became a real threat, U…
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HOANG_MAI_NHI avatar
HOANG_MAI_NHI 4 Окт.

good

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EURopean Wrap: Carney quote causes carnage again

Forex trading headlines from the European morning session 27 September
BOE governor Carney says he does not see a case for further QE.
• UK Nationwide HPI september m/m +0.9% vs +0.5% exp +0.7% prev
• China state council says it will test interest rate reforms in Shanghai trade zone
• US Fed’s Evans says headwinds are adding to a weak economy
• Evans says Fed wasn’t quite ready to taper
• China SAFE says strong USD and US recovery will help exports
• French final Q2 GDP +0.5% as exp/prev
• Swiss…
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Larry Summers withdraws his nomination. USD reacts!

Larry Summers has withdrawn his name for the job of the Chairman of the Federal Reserve This will be bearish for the USD as Summers was perceived in the markets to be in favour of a slightly faster ‘taper’ than the other prime contender for the job, Janet Yellen Wall Street Journal: Summers Withdraws Name of Fed Chairmanship USD is weaker on the news:
  • EUR/USD 1.3337
  • USD/JPY 98.94
  • AUD/USD 0.9312
  • GBP/USD 1.5910
  • USD/CHF 0.9276
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Tatiana_Tim avatar
Tatiana_Tim 21 Сент.

good luck to Summers

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