9/19 Forex Fundamental Analysis Reports (ActionForex.com)

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. Forex Fundamental Analysis Reports (ActionForex.com) Cable Runs While Others Oscillate September 18, 2009 at 9:39 am Overall, the only pair to really trade erratically on the day was the pound which fell just over 1.10 percent on the day. The rest of the major pairs oscillated around their respective pivot points, not wanting to cause a great ruckus before the weekend. There were no major reports... USD Decline Slows ahead of Next Week's FOMC Meeting September 18, 2009 at 9:21 am After weakening for most of the week and trading at a new low versus the EUR for 2009, the USD rebounded Friday. The rebound in the USD is attributed to fresh banking concern as UK's Lloyds Banking Group fails to pass the FSA stress test. Failure to pass the stress... Forex Fundamental Outlook September 18, 2009 at 9:15 am The common currency failed to establish another multi-month high again today for the first time since 4 September. The greenback moved higher at the expense of European currencies on speculation that U.K. banking giant Lloyds lacks capital. Three-month U.S. dollar interbank lending rates fell to a record low of 0.289%... U.S. Market Update September 18, 2009 at 5:36 am In currencies, the greenback began the New York session under modest pressure but continued to maintain its consolidation with the ranges seen over the last 24 hours. EUR/USD probed the 1.4730 level, where there was chatter a "quasi official" name was selling euros above the 1.4720 level for smoothing action.... Afternoon Forex Overview September 18, 2009 at 5:23 am The dollar's sell-off against higher-yielding rivals is taking a pause at the close of the week. After eight consecutive sessions of dropping, first to nine-month lows against the euro and then to one-year lows, the dollar is finding some support. The greenback has also firmed against the yen, after falling... Hotel California for Britain's Black Horse September 18, 2009 at 5:18 am The pound took a battering this morning falling to $1.6273 while the euro appreciated to buy 90.35 pennies as allegations emerged that Britain's Lloyds TSB bank failed to raise enough external capital to allow it to exit a government scheme to protect shareholders from the toxic assets on its balance... Same Headline, Different Dollar Tune September 18, 2009 at 5:07 am "The overseas wars being fought have accelerated inflation; the United States is running not just a balance of payments deficit but also a trade deficit. Overseas holders of the dollar and U.S. debt have lost faith in the U.S. ability to cut its budget and trade deficits. More and more... Lack of Fundamentals from the U.S. Leads Investors to Speculate September 18, 2009 at 4:31 am The U.S. economy lacks economic fundamentals today, as after a week full of fundamentals which signaled the U.S. economy is on its way to recover from the worst recession since WWII, as the housing, manufacturing, and services sectors all continue to show signs of stabilization or even signs of rising... Stages of the Dollar September 18, 2009 at 3:14 am Maybe some of you have been receiving the same email I have been getting; it says the market will crash sometime between Thursday, September 17th and Monday, September 28th. I haven't delved into the details of the prediction, and probably wouldn't understand them if I did. But, with today being... USD Higher, UK Lloyds Bank Fails FSA Stress Test September 18, 2009 at 2:31 am USD is trading higher as equity markets fall in Asia with the Shanghai Index down 3% and banking concerns re-emerge, GBP falls to a four month low versus EUR in reaction to news that Lloyds Banking Group failed to raise enough capital to meet the FSA stress tests - UK... Limited Dollar Correction September 18, 2009 at 2:28 am Overall confidence in the dollar will remain generally weak. The international environment is liable to be less benign in the short term with unease over the global economy and renewed doubts over the Euro-zone banking sector which will tend to provide some degree of dollar protection. There will also be... Japan's Currency Conundrum - The Dollar's Fault September 18, 2009 at 2:10 am The last few weeks marked an important chapter in Japan's political history, as the Liberal Democratic Party lost elections for the first time in almost half a century to the Democratic Party of Japan. The political move was not going to have a great impact on the currency outlook, to... UK: Government Budget Deficit Widens to Most Since 1993 September 18, 2009 at 2:08 am The United Kingdom continues each day to try and rise from recession that has been ravaging the nation heavily while today we saw that the government's budget deficit widened to most since 1993 as a result of lower tax receipts and rising welfare costs, and this is just another woe... Dollar Strength In Early Friday Trade September 18, 2009 at 12:38 am Overall, the dollar strengthened across the board during the overnight sessions, a move that had been anticipated for a few days. Ahead of these declines, almost every major currency was trading in an overbought state against the greenback. Moreover, the trading volume appears strong during the overnight session, again something... London Session Recap September 18, 2009 at 12:07 am Risk appetite was finally pared back this morning. Stock markets are lower across the board and EUR/USD crept back below the 1.4700 level. On the most part, the move away from risk has lacked aggression. Sterling, however, was slammed by a Daily Telegraph report that Lloyds TSB has failed to... European Market Update September 18, 2009 at 12:06 am In Currencies: GBP sentiment was soft heading into the European morning as dealers focused on speculation that Lloyds bank failed a stress test. Also contributing to the weaker GBP sentiment is a WSJ 'Currency Section' column about the GBP now being a 'carry-trade' currency. The GBP/USD traded as low as... Renewed Fears Regarding The UK Financial System Spark Sterling Sell-Off September 17, 2009 at 11:50 pm Traders began selling the Sterling overnight following a report that Lloyds Banking Group PLC would withdraw plans to exit the UK govt. asset protection program. Apparently the FSA believes Lloyds needs additional capital to absorb increasing bad debt and to ramp up lending to both commercial and private borrowers over... The Sterling Falls As Investors Concerns Resurface On Large Deficits September 17, 2009 at 10:49 pm The Sterling weakened day against the dollar on renewed concern the financial crisis in Europe will be prolonged, damping demand for the region's assets. Britain's currency dropped against 15 of its 16 major counterparts after the Daily Telegraph said Lloyds Banking Group had been forced to abandon a move to... Time For The Tide To Turn? September 17, 2009 at 9:39 pm There were early signs yesterday that we may see a lull in the tide of USD weakness; equity markets across Europe still found support from the recent improvements in US data, but the USD did not suffer the accompanying universal sell-off that has characterized the rest of the week. The... Morning Forex Overview September 17, 2009 at 9:36 pm The U.S. Dollar held small gains late Thursday as pessimism about the strength of the economic outlook put selling pressure on stocks and higher-yielding currencies. The currency had been lower earlier with stocks rising after the Federal Reserve Bank of Philadelphia's index on manufacturing jumped far more than forecast this... FX Daily Report September 17, 2009 at 9:34 pm Euro zone exports continued to recover in July and drove the trade surplus higher than expected, data showed on Thursday, boding well for a return to overall economic growth in the third quarter. The European Union's statistics office Eurostate said that adjusted for seasonal factors, the trade balance was 6.8... Japan's Economy Shows More Signs Of Recovery September 17, 2009 at 9:30 pm Japan's central bank released today their monthly report throughout which they confirmed yesterday's announcement that the economy has entered into a recovery phase; yet the leading indicators that is a composite of 12 major leading indices in that provides a forecast of the future state of Japan's domestic economy and... EUR/GBP Nearing The 0.90 Barrier September 17, 2009 at 9:27 pm Yesterday, the decline of the dollar slowed as softer (US) equities reduced the appetite to set up USD-funded carry trades. Sterling continues to fight an uphill battle. Uncertainty on the UK financial sector is adding to the sterling negative sentiment Numbers From The US Yesterday Still Points Towards A Fragile US Economy September 17, 2009 at 9:10 pm US housing starts climbed 1.5% to a seasonally adjusted annual rate of 598,000 in August from the previous month on an increase in multifamily home construction, but single-family homes, which accounted for about 80% of all housing starts, fell 3% to 479,000. Wall St, Commodities Come Off Their Highs – Is This The Correction We've Been Calling For? September 17, 2009 at 8:28 pm The three-day Wall Street rally, firmness in commodities and weaker dollar came to near-term halt late yesterday, even though US data held nothing to really disappoint. US housing starts were bang in line with expectations at 598k (the previous month was revised up to 589k), initial jobless claims showed a... Asia Session Recap September 17, 2009 at 8:13 pm The Dollar finally caught a break after what was a long and arduous week for the US currency. With no real data on the docket for the remainder of the week many traders seemed to take some positions off and book profits as they sold higher yielding assets much to... Today's Key Points September 17, 2009 at 7:57 pm With no tier 1 key events on the agenda, we are back at trading on risk appetite and perhaps commodities in the FX market. However, we would mention that EUR/USD is now testing the next resistance level at 1.4767, which should open for a move towards the strong resistance level... Asian Market Update September 17, 2009 at 7:22 pm In currencies, Sterling was heavily sold across the board as concerns over UK financials resurfaced after FT report that Lloyds may have to remain in UK toxic assets insurance plan. Separately, a WSJ feature referred to cable as a new funding currency, citing recent depreciation against the high-yielding commodity FX...   This email was sent to skytheheaven@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.