FXstreet.com (Barcelona) – The USD/CAD has crept higher towards parity overnight, having continued its advance during European trading Monday. Presently, the pair is testing the key 1.0000
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Forex: USD/CAD testing parity
FXstreet.com (Barcelona) – The USD/CAD has crept higher towards parity overnight, having continued its advance during European trading Monday. Presently, the pair is testing the key 1.0000
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Forex: USD/CAD testing parity
NATURAL GAS closed lower on Friday and the lowrange close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bearish signalling that sideways to
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Natural Gas Technical Analysis 10/29
FXstreet.com (Barcelona) – With Hurricane Sandy bearing down on the US Eastern seaboard, US equity markets are due to close today. According to Research Analyst Gareth Berry at UBS, “The
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Forex Flash: USD/JPY holding ahead of Tuesday BOJ meeting – UBS
FXstreet.com (Barcelona) – Lee Hardman, Currency Analyst for the Bank of Tokyo Mitsubishi UFJ notes that the Yen has extended its modest rebound following USD/JPY’s break below the 80 evel on
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Forex Flash: Yen rebounding modestly ahead of BoJ meeting – Nomura
FXstreet.com (Barcelona) – New RBNZ governor, Graeme Wheeler, played with a straight bat last week, both in Thursday’s OCR announcement and in Friday’s wide-ranging speech. According to the
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Forex Flash: RBNZ recap and fallout – BNZ
US OIL closed lower on Friday and the highrange close sets the stage for a steady to higher opening when Monday’s night session begins. Stochastics and the RSI remain neutral to bearish
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Crude Oil Technical Outlook 10/29
FXstreet.com (Barcelona) – Commerzbank analysts see the EUR/USD contained within the 1.3173-1.2803 limits for 6 weeks, increasingly looking like a potential top, and starting to erode the 3
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Forex Flash: EUR/USD focused on 1.2835/03 supports – Commerzbank
FXstreet.com (Barcelona) – Terrible Spanish Retail Sales (-10.9 exp) have added to the risk off sentiment this morning and seen GBP/USD break below its overnight support at 1.6075.
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Forex: Spanish data supports GBP/USD decline
Date (GMT) Event Cons. Actual Previous Oct 29 09:30 M4 Money Supply (YoY) -3.500 % -4.100 %
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UK: M4 Money Supply (YoY): -3.500 %
Date (GMT) Event Cons. Actual Previous Oct 29 09:30 Net Lending to Individuals (MoM) 0.600 B
Date (GMT) Event Cons. Actual Previous Oct 29 09:30 M4 Money Supply (MoM) 0.400 % 0.200 % 0.300 % Read the official report at Bank of England News Forex: GBP/USD climbs post UK data (FXstreet.com) Mon, Oct 29 2012, 09:52 GMT UK: M4 Money Supply (YoY) rebounds to -3.5% in September (FXstreet.com) Mon, Oct 29 2012, 09:42 GMT UK Sep M4 Money Supply (MoM) grows 0.2% and (YoY) falls 3.5% (FXstreet.com) Mon, Oct 29 2012, 09:32 GMT
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UK: M4 Money Supply (MoM): 0.200 %
Date (GMT) Event Cons. Actual Previous Oct 29 09:30 Mortgage Approvals 48.500 K 50.024 K 47.921 K Read the official report at Bank of England News Forex: GBP/USD climbs post UK data (FXstreet.com) Mon, Oct 29 2012, 09:52 GMT UK: Mortgage Approvals grow above 50.000K in September (FXstreet.com) Mon, Oct 29 2012, 09:46 GMT United Kingdom Sep Mortgage Approvals: 50.024K (FXstreet.com) Mon, Oct 29 2012, 09:31 GMT UK Sep Consumer Credit improves to £1.2B vs £-0.1B (Aug) (FXstreet.com) Mon, Oct 29 2012, 09:30 GMT
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UK: Mortgage Approvals: 50.024
FXstreet.com (Barcelona) – The Troika, while giving a positive assessment, acknowledged that thanks to an excessive revenue bias in 2013 budget, non trivial risks loom in 2013 – according to
CarMax popped on a Credit Suisse upgrade on Friday, and the bulls are looking for more. optionMONSTER’s tracking programs detected the purchase of about 4,000 November 34 calls for $0.60
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Call buyers take the wheel at CarMax
The Chinese government has been reported to be studying a plan of consolidating eight of its country’s vital industries, including the rare earths sector. According to the Economic
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China Studying Consolidation of Eight Industries, Rare Earths Sector Included – Report
8:30am USD Core PCE Price Index m/m 8:30am USD Personal Spending m/m 8:30am USD Personal Income m/m Statistics: Posted by Bon — Mon Oct 29, 2012 5:08 am
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Daily News Events • 29th October
EUROSTOXX 50 (Dec 12) INTRADAY Review The Eurostoxx opened lower on Friday morning but firmed up during the early European trade and tested the 2,500 handle following the release of stronger than expected US Q3 GDP. Our Friday’s neutral entry short at 2,488 was stopped out amidst the volatility upon the US data release. Strategy The Eurostoxx finished last week with a loss of 1.19% amidst mixed data and earnings reports. The events of last week entailed a continuation of contraction across EU
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The Eurostoxx finished last week with a loss of 1.19%
Resistance: 0.8211 strong/0.8253 moderate/0.8278 minor Support: 0.8186 moderate/0.8145 minor/0.8120 minor Bearish Engulfing is just under the pivot point in NZDUSD Hourly charts, a moderate bearish pattern below a strong resistance. Given proximity to 0.8211, we can consider shorts under the said price with stops placed above the Pivot Point for a low risk-high reward trade. Immediate objective is 0.8186 then on to 0.8145 break of which gives us a run on the market. Learn more about the chart
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NZDUSD Bearish Engulfing Hourly Chart
Forex Analysis: Euro May Fall as German CPI Stokes ECB Rate Cut Bets
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Forex Analysis: Euro May Fall as German CPI Stokes ECB Rate Cut Bets
Date (GMT) Event Cons. Actual Previous Oct 29 08:00 Retail Sales (YoY) -6.200 % -10.900 % -2.100 % Read the official report at Instituto Nacional de Estadística News Spain: Retail Sales (YoY) plunge to -10.9% in September (FXstreet.com) Mon, Oct 29 2012, 08:04 GMT Spain Retail Sales (YoY) down to -10.9% in Sep from -2.1% in Aug (FXstreet.com) Mon, Oct 29 2012, 08:00 GMT
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ES: Retail Sales (YoY): -10.900 %