Register
Join Money Forum Now! Your Best Solution For Online Investing, Forex Broker Reviews and High Return Investments!
+ Reply to Thread
Page 24 of 91 FirstFirst ... 14 22 23 24 25 26 34 74 ... LastLast
Results 231 to 240 of 905
  1. #231
    MF Adult
    Join Date
    Apr 2012
    Location
    fbs.com
    Posts
    1,031
    Points
    10.32

    Thumbs up Key options expiring today

    Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (2 p.m. GMT).

    Here are the key options expiring today:

    EUR/USD: $1.2625, $1.2700, $1.2750, $1.2800, $1.2850, $1.2900, $1.2925, $1.2930, $1.2950 and $1.3000;
    GBP/USD: $1.6050 and $1.6100;
    AUD/USD: $0.9850, $0.9950, $1.0000 (large), $1.0020 and $1.0100;
    USD/JPY: 79.50, 79.55, 79.60, 79.75, 79.80, 80.00 (large), and 80.50.



    Photo from Reuters

    Have a profitable trading day with FBS!
    If you have any questions to our analysts, you’re welcome to ask them in comments to this article!



    Kind Regards,
    Jeshinta
    FBS Brokerage Company
    FBS Brokerage Company
    fbs.com

  2. #232
    MF Adult
    Join Date
    Apr 2012
    Location
    fbs.com
    Posts
    1,031
    Points
    10.32

    Thumbs up BoA: pressure on GBP may strengthen

    Analysts at Bank of America believe that pound’s decline versus the greenback can make futures traders reduce their bullish bets on sterling.

    Data from Commodity Futures Trading Commission (CFTC) shows that GBP/USD longs increased in the week to May 8 to 25K contracts, the maximal level in a year. Now the pair slumped to the levels around $1.5920, and the speculators will have to trim their bullish bets. As a result, negative pressure on British currency will increase driving it down to 200-day MA which now finds itself 100 pips below the current rate.

    “People have gotten longer and longer. That just makes it vulnerable,” warned the specialists.



    Chart. Daily GBP/USD

    Have a profitable trading day with FBS!
    If you have any questions to our analysts, you’re welcome to ask them in comments to this article!



    Kind Regards,
    Jeshinta
    FBS Brokerage Company
    FBS Brokerage Company
    fbs.com

  3. #233
    MF Adult
    Join Date
    Apr 2012
    Location
    fbs.com
    Posts
    1,031
    Points
    10.32

    Thumbs up RBS: don’t rush into EUR/USD shorts

    Analyst at RBS recommend investors (especially those who currently don’t have position at this market) to take a “wait & see” approach trading EUR/USD.

    In their view, it’s now too late to rush in the current bearish trend – better to wait until euro tests $1.2624 (2012 minimum, target from the “head and shoulders” pattern) and see whether it holds or gets broken. If the support is breached, the single currency will be vulnerable for a decline to $1.2329 (2008 minimum).

    As for resistance, it’ situated, according to the bank, at $1.2774, $1.2933, $1.3004 (2 previous monthly lows and the pattern break down area) and $1.3092.



    Chart. Daily EUR/USD

    Have a profitable trading day with FBS!
    If you have any questions to our analysts, you’re welcome to ask them in comments to this article!



    Kind Regards,
    Jeshinta
    FBS Brokerage Company
    FBS Brokerage Company
    fbs.com

  4. #234
    MF Adult
    Join Date
    Apr 2012
    Location
    fbs.com
    Posts
    1,031
    Points
    10.32

    Thumbs up Hard job for the Bank of England

    On Wednesday sterling fell to a four-week low after the BoE inflation report showed the prospects for UK GDP growth are “unusually uncertain”.

    According to BoE, the economy may grow by about 0.8% this year vs. previously expected 1.2%. The inflation is likely to stay above the 2% target at least in the next year. Weak growth and high inflation make the choice of monetary instruments difficult for the MPC.

    The euro zone’s debt crisis threatens expansion despite the loose monetary policy is supporting the economy. The BoE governor Mervyn King said the euro area “is tearing itself apart without any obvious solution”. According to King, if the situation in Europe deteriorates, the bank will "react in many ways" (QE).

    Morgan Stanley: “The increased magnitude of the euro crisis will likely hit the pound via economic second round effects. While the pound should still maintain its medium-term advantage against the euro, there is increasing evidence that the pound has topped against the US dollar.”

    BoE Inflation Report (May 2012)



    Photo: Guardian

    Have a profitable trading day with FBS!
    If you have any questions to our analysts, you’re welcome to ask them in comments to this article!



    Kind Regards,
    Jeshinta
    FBS Brokerage Company
    FBS Brokerage Company
    fbs.com

  5. #235
    MF Adult
    Join Date
    Apr 2012
    Location
    fbs.com
    Posts
    1,031
    Points
    10.32

    Thumbs up French & German auctions: yields declined

    German bond yields fell to 1.47% from previous 1.77% at today’s auction as the Greek problems increase demand on safe assets. However, Germany fell short of the targeted amount (4.1 billion euro vs. expected 5 billion).

    On a French bond auction yields eased to 1.72% from 1.83% a month ago, showing the markets feel increasingly comfortable with growth-oriented policy of Francois Hollande. France managed to sell 7.9 billion euros out of 7-8 billion expected.

    On Wednesday EUR/USD has reached a four-month low. However, the cross is trading in the green ahead of the FOMC meeting minutes. Resistance for EUR/USD lies at $1.2747 (May 16 maximum), $1.2800, $1.2822 (Lower Bollinger) and $1.2870 (May 15 maximum), while support – at $1.2648 (Jan.17 minimum), $1.2624 (Jan.13 minimum), $1.2600 and $1.2588 (Aug. 2010 minimum).



    Chart. Daily EUR/USD

    Have a profitable trading day with FBS!
    If you have any questions to our analysts, you’re welcome to ask them in comments to this article!



    Kind Regards,
    Jeshinta
    FBS Brokerage Company
    FBS Brokerage Company
    fbs.com

  6. #236
    MF Adult
    Join Date
    Apr 2012
    Location
    fbs.com
    Posts
    1,031
    Points
    10.32

    Thumbs up May 17: economic background



    According to FOMC meeting minutes, released on Wednesday, several Fed policymakers said the additional QE may be needed if the economy falls back. In April the central bank said interest rates will stay near zero till late 2014 in order to support the economy. Analysts at CBA claim that the greenback may now “start to stabilize rather than continue to rocket higher”.

    In Greece Panagiotis Pikrammenos, head of Greece’s Council of State, the highest administrative court, was sworn in as head of the caretaker administration. The date of new elections will be announced after the parliament formed according to May 6 election results is sworn in today and then dissolved.

    EUR/USD recovered from the 4-month minimum at $1.2680 hit yesterday to the levels around $1.2745. Risk sentiment was slightly better this morning. Australian and New Zealand’s dollars edged higher versus its US counterpart.

    Japan’s preliminary GDP expanded by 1.0% in Q1 close to forecasts, following a flat reading in Q4. Figures reveal that domestic consumption and government outlays for reconstruction are boosting the economy. Gradual growth is expected to continue; however, the further deterioration of the situation in Europe may affect the export-dependent Japan.

    Also today:

    • Euro zone: Banks in France, Germany and Switzerland will be closed because of the national holidays. Spain holds a 10-year bond auction

    .• US: The number of unemployment claims fixed last week may grow by 368K vs. the previous print 367K. Philly Fed Manufacturing Index is forecasted to rise to 10.6 in May. Philadelphia region manufacturers' index declined more than expected in April reaching 8.5 from 12.5 in March, demonstrating the biggest drop in 6 months. However, most analysts believe that improved consumer spending will provide further growth to the manufacturing sector.

    Have a profitable trading day with FBS!
    If you have any questions to our analysts, you’re welcome to ask them in comments to this article!



    Kind Regards,
    Jeshinta
    FBS Brokerage Company
    FBS Brokerage Company
    fbs.com

  7. #237
    MF Adult
    Join Date
    Apr 2012
    Location
    fbs.com
    Posts
    1,031
    Points
    10.32

    Thumbs up What to expect from the next BOJ meeting?

    It seems that the USD/JPY market has no idea where to go – upwards or downwards? The central bank may be hoping to refrain from easing this month in order to have enough firepower in case the euro area goes really bad. Such assumption looks sensible due to the positive data released today: Japan’s preliminary GDP expanded by 1.0% in Q1 after staying unchanged in the final 3 months of 2011.

    Dai-ichi Life Research Institute underlines, however, that “the timing of further monetary easing would depend more on (global) financial market movements than on the real (Japanese) economy.” So, everything is about how Japanese monetary authorities estimate the European risks.

    At the same time, with all the talk about further monetary stimulus a remarkable thing happened yesterday: the BOJ failed to meet its target for bond buying for the first time since the asset-buying program was launched in 2010. That means that the central bank’s powers aren’t infinite after all. If that happened again the BOJ will have to widen the range of securities which it’s buying under APP adding bonds with longer maturity.

    So, next week we’ll likely hear more reassuring comments from the BOJ officials about the central bank’s readiness, but in reality monetary authorities will be careful. The key interest rate will stay unchanged at 0.1%. The BOJ may ease in July when it conducts a quarterly review of its economic and price projections as it may acknowledge that deflation threat is subsiding too slowly.



    Chart. Daily USD/JPY

    Have a profitable trading day with FBS!
    If you have any questions to our analysts, you’re welcome to ask them in comments to this article!



    Kind Regards,
    Jeshinta
    FBS Brokerage Company
    FBS Brokerage Company
    fbs.com

  8. #238
    MF Adult
    Join Date
    Apr 2012
    Location
    fbs.com
    Posts
    1,031
    Points
    10.32

    Thumbs up Key options expiring today

    Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (2 p.m. GMT).

    Here are the key options expiring today:

    EUR/USD: $1.2790, $1.2800, $1.2850, $1.2900, $1.3000;
    GBP/USD: $1.5850, $1.6100, $1.6200;
    EUR/GBP: $0.8085, $0.8060, $0.8085;
    USD/JPY: 79.50, 79.75;
    USD/CHF: 0.9350;
    AUD/USD: $1.0100.



    Image from pakcricforum.com

    Have a profitable trading day with FBS!
    If you have any questions to our analysts, you’re welcome to ask them in comments to this article!



    Kind Regards,
    Jeshinta
    FBS Brokerage Company
    FBS Brokerage Company
    fbs.com

  9. #239
    MF Adult
    Join Date
    Apr 2012
    Location
    fbs.com
    Posts
    1,031
    Points
    10.32

    Thumbs up Analysts: outlook for EUR/USD

    The euro rebounded, paring a four-day decline against the dollar, as the currency’s 14-day relative strength index (RSI) fell to 22 yesterday, below the 30 level that some traders see as signaling an asset may reverse direction.

    Analysts at Bank of America are strongly bearish on EUR/USD in a long term, but expect a little upside correction these days. They recommend entering the trade at $1.2800 with a stop at $1.2870 and targeting at $1.2520. According to analysts, the pair may reach the target price in a week or two.

    Strategists at Danske Bank see EUR/USD at $1.2500 in one month time (forecast revised from $1.2900). In their view, the crisis dynamic is highly uncertain and a significant bigger move lower cannot be ruled out.

    According to CBA specialists, the euro will be falling gradually due to the time-expanded Greek issue: new elections will be held in a month, but there is no guarantee of a positive outcome.



    Chart. Daily EUR/USD

    Have a profitable trading day with FBS!
    If you have any questions to our analysts, you’re welcome to ask them in comments to this article!



    Kind Regards,
    Jeshinta
    FBS Brokerage Company
    FBS Brokerage Company
    fbs.com

  10. #240
    MF Adult
    Join Date
    Apr 2012
    Location
    fbs.com
    Posts
    1,031
    Points
    10.32

    Thumbs up Commerzbank: bearish view on NZD/USD

    Technical analysts at Commerzbank are bearish on New Zealand’s dollar versus its US counterpart.

    The specialists note that NZD/USD is now hovering above support at $0.7607 (78.6% Fibonacci retracement of the pair’s advance from November to February). In their view, this support is likely to be breached soon and kiwi will start moving down targeting $0.7168 (200-week MA) and $0.7116 (2011 minimum) in the medium term.

    According to the bank, resistance for New Zealand’s currency is situated in the $0.7774/0.7792 area (January 6 minimum, 61.8% Fibonacci retracement). The pair will find itself under bearish pressure as long as it’s trading below these levels.



    Chart. Daily NZD/USD

    Have a profitable trading day with FBS!
    If you have any questions to our analysts, you’re welcome to ask them in comments to this article!



    Kind Regards,
    Jeshinta
    FBS Brokerage Company
    FBS Brokerage Company
    fbs.com

 

 

Visitors found this page by searching for:

powered by vBulletin american currency

powered by myBB reviews of world financial group

powered by vBulletin canadian currency conversion to us dollars

powered by vBulletin money conversion pound to dollar

powered by myBB new zealand currency converter

powered by myBB bailout companies

powered by myBB foreign currency trading

powered by vBulletin money conversion online

powered by vBulletin world financial group results

powered by vBulletin commercial loan broker

powered by vBulletin debt help uk

powered by myBB broker commercial loan

powered by vBulletin best usd currency exchange rates in the last six months

inurl:forex broker

powered by myBB consumer spending trends

powered by myBB bank of canada prime interest rate prediction

powered by vBulletin kids making money

powered by myBB national pressure manufacturing company

powered by myBB currency conversion swiss franc canadian dollar

powered by vBulletin rbc financial group

powered by vBulletin currency exchange rate

powered by vBulletin currency act

powered by myBB all in one

Grexit

powered by vBulletin buy foreign currency

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Back to Top

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23