The foreign exchange market (currency, FOREX or FX) Trades currencies, or simply lets say buy or sell currencies from banks or to banks and other financial institutions. The main purpose of Foreign currency exchange is to promote international trade and of course investment. FOREX Trading in simple words can be defined as one person buy currency and sell the other at the same time, and one can make profit depending upon the currency and the volume.
The E-world has made FOREX trading easy as both the parties can communicate either online or over telephone. And the best part about FOREX trading is that there is no time bounding, anyone can trade at anytime regardless of their local time. The market everyday starts their day from Sydney, Australia and moves on ahead from there. FOREX trading was never offered to small sized companies or individual businessmen until today, who can make the most out of this opportunity. Earlier only Multi-Nationals or banks or big corporations were allowed to do FOREX Trading, but its not the same anymore, anyone can take up this opportunity and the best part that makes FOREX trading stand out from the rest is that one can start online from home, this is nowadays one of the hottest home based business, catching a lot of peoples attention.
FOREX trading is more popular with the small investors, thanks to technology; things have been made much easier for the smaller investors to take part in it. All one needs is to maintain their account and should have the knowledge of handling the daily transactions.
What it takes to start with FOREX Trading:
The game plan is really easy, one doesn’t need much, and all you need is to succeed in life and a bit of smartness to judge on the market. What actually can get you started with the FOREX Trading is internet access and a funded FOREX account, Yes that is it you need for real. But you definitely need to have the basic FOREX knowledge to avoid loosing money. But then again you can always learn more and more online about it and it is not a big deal anymore, really! Always keep in mind the variables affecting the currencies exchange rate, can be anything for instance interest rates or policies? So you really need to study the market as well before investing to avoid the risk of loosing money! But let me tell you one thing once you have already started with it than it is going to be really easy for you, and again when you will loose than only you will learn, right?
FOREX traders predict the market as well using the past record, some predict using past one week, some prefer using the past 6 months record and that is helpful. FOREX brokers, yes broker, choosing the right broker can always help you as well as save you from the loss. But finding the right FOREX dealer is a problem in itself, and also keeps that in mind that the FOREX dealer should be registered with the Trading Commissions.
FOREX trading can be really profitable but again the Risk is also great, one should always do FOREX trading with a proper strategy and a proper plan that minimizes the risk. If you are smart enough and trade smartly, than FOREX trading is the right investment for you.
To know more about Forex trading, You can check out Forex trading India by Admiralmarkets
Wednesday, December 9, 2009
Monday, November 23, 2009
FXCBS introduced ECN commission-Free and ECN Interest-Free accounts
FXCBS, the leading Forex online trading broker, now offers ECN commission-Free and Interest-Free accounts due to increasing demand. This news will particularly be welcomed by expert advisor developers and traders. Clients are now having the option to register and trade on an FXCBS commission based account or an FXCBS Commission Free account. The only difference between the two types of accounts is that commission changes have been eliminated and replaced by slightly increasing the spreads, therefore accommodating clients with commission free trading.
In line with our steadfast commitment to offering maximum flexibility in meeting your individual trading requirements, FXCBS introduced the interest free trading. In order to further facilitate the needs of traders from Islamic countries and in strict compliance with the Shariah Law.
If interest rates and swap charges contravene your religious beliefs, FXCBS clients have the option of applying for an interest free trading account. Interest Free trading accounts are available to all our clients regardless of religious orientation.
In line with our steadfast commitment to offering maximum flexibility in meeting your individual trading requirements, FXCBS introduced the interest free trading. In order to further facilitate the needs of traders from Islamic countries and in strict compliance with the Shariah Law.
If interest rates and swap charges contravene your religious beliefs, FXCBS clients have the option of applying for an interest free trading account. Interest Free trading accounts are available to all our clients regardless of religious orientation.
Monday, August 10, 2009
Quick Technical Outlook 10/8/2009
The dollar started this week declining against majors, the USDIX dropped today recording a low of 78.77.
The EUR/USD pair inclined reaching a high of 1.4209 and a low of 1.4171, having the union currency trading around 1.4200.
The GBP/USD, it also gained recording a high of 1.6719 and a low of 1.6667, having the pound trading around 1.6715 , and the dollar weakened against the yen and the pair reached a low of 97.07 and a high of 97.77. Cheerful fundamentals were released today from Japan showing a widening trade balance surplus and an improvement in machine orders, which supported the yen to recover some of the losses.
EUR/USD
The EUR/USD can breach the 1.4320 pivot support and target the 61.8% correction as we mentioned earlier at Friday , we expect the pair is to recover some of the losses and incline on an intraday basis targeting 1.4330, as far as 1.4163 remains intact.
GBP/USD
We expected to the GBP/USD to take upside targeting to 1.6906, supported by the stochastic in an oversold area and as far as trading holds above 1.6625. A breach of this level to the downside will take the pair towards 1.6485.
The EUR/USD pair inclined reaching a high of 1.4209 and a low of 1.4171, having the union currency trading around 1.4200.
The GBP/USD, it also gained recording a high of 1.6719 and a low of 1.6667, having the pound trading around 1.6715 , and the dollar weakened against the yen and the pair reached a low of 97.07 and a high of 97.77. Cheerful fundamentals were released today from Japan showing a widening trade balance surplus and an improvement in machine orders, which supported the yen to recover some of the losses.
EUR/USD
The EUR/USD can breach the 1.4320 pivot support and target the 61.8% correction as we mentioned earlier at Friday , we expect the pair is to recover some of the losses and incline on an intraday basis targeting 1.4330, as far as 1.4163 remains intact.
GBP/USD
We expected to the GBP/USD to take upside targeting to 1.6906, supported by the stochastic in an oversold area and as far as trading holds above 1.6625. A breach of this level to the downside will take the pair towards 1.6485.
Wednesday, August 5, 2009
EUR/USD OUTLOOK5/8/2009
The EUR/USD pair recorded a high of 1.4422 and a low of 1.4392 the fundamentals led to a mix of sentiments spread in the currencies market as we saw personal income in the U.S had declined , The euro dollar pair have a resistance at 1.4460 along with a support at 1.4360. the indicators on the daily scale are indicating that the pair is trading in an overbought area.
Support points : 1.4369 - 1.4334 -1.4291.
Resistance points: 1.4424 - 1.4443 - 1.4478.
Support points : 1.4369 - 1.4334 -1.4291.
Resistance points: 1.4424 - 1.4443 - 1.4478.
USD/JPY OUTLOOK5/8/2009
The dollar weakened against the yen today and the pair recorded a low of 94.97 and a high of 95.39. having the dollar trading around 95.00 The pair is having a support at 94.80 along with a resistance at 95.35. It is expected that the pair will breach the support level to reach the next support at 94.40.
Support points : 94.62 - 94.40 - 94.08.
Resistance : 95.51 - 95.81 - 96.32.
Support points : 94.62 - 94.40 - 94.08.
Resistance : 95.51 - 95.81 - 96.32.
Tuesday, August 4, 2009
EUR/USD Technical Report 4/8/2009
The EUR/USD pair can breaching the key resistance 1.4310 nearing the first target for yesterday at 1.4475, the pair currently is reversing to the downside to create a bearish correction to the 1.4320, the continuing upside movement on an intraday basis that targets 1.4600 levels.
GBP/USD Technical Report
The GBP/USD continued a chain of inclines yesterday, and achieving 1.7000 levels the direction continues towards the upside and the next target is continuing pressure on 1.7000 to achieve an upside intraday trend that supports the upside short term direction, reaching levels 1.7580, but before inclining to achieve the desired targets. It is expected incline will prevail if 1.6835 remains intact.
Market Outlook 4/8/2009
The euro weakened against the dollar, while the pound is still climbing and breaking more resistance levels ,the USDIX inclined today, reaching a high of 77.48. The euro dollar pair declined after recording a high of 1.4429 and a low of 1.4378 , The pair is having a resistance at 1.4470, along with a support at 1.4330. The general trend is to the upside and it is expected that the pair will break the resistance to target 1.4500.
the pound dollar pair, it is still climbing since yesterday, the pair breached resistance levels at 1.6800 and 1.6900 and today, it recorded a high of 1.7001 and a low of 1.6923 , the pound trading around 1.6945. The pair is having resistance at 1.7000 and a support at 1.6835 , according to the stochastic oscillator on the daily charts, the pair is trading in an overbought area.
Finally, the dollar yen pair is consolidating between 95.50 and 95.00, reaching a high of 95.45 and a low of 95.08. The pair is having resistance at 95.75, along with a support at 95.00
In Australia Bank of Australia decided today to keep interest rates at 3.00%, the lowest in 49 years, for the fourth consecutive month Mr. Stevens said in his statement that the world economy started to show clear signs of stability, thanks for the global stimulus plans set by governments around the world that led to an improving outlook for the world economy.
the pound dollar pair, it is still climbing since yesterday, the pair breached resistance levels at 1.6800 and 1.6900 and today, it recorded a high of 1.7001 and a low of 1.6923 , the pound trading around 1.6945. The pair is having resistance at 1.7000 and a support at 1.6835 , according to the stochastic oscillator on the daily charts, the pair is trading in an overbought area.
Finally, the dollar yen pair is consolidating between 95.50 and 95.00, reaching a high of 95.45 and a low of 95.08. The pair is having resistance at 95.75, along with a support at 95.00
In Australia Bank of Australia decided today to keep interest rates at 3.00%, the lowest in 49 years, for the fourth consecutive month Mr. Stevens said in his statement that the world economy started to show clear signs of stability, thanks for the global stimulus plans set by governments around the world that led to an improving outlook for the world economy.
Friday, July 24, 2009
The dollar declined against majors 24/7/2009
The euro dollar pair inclined today, recording a high of 1.4226 and a low of 1.4134. The pair broke the 1.4150 level that was a strong resistance supported by improving risk appetite, as signs of recovery were witnessed in the world economy especially after corporate earnings topped analyst's forecasts. The pair faces a resistance at 1.4236 the up-trend is dominating the pair's trades, so it is expected that the pair will break the resistance level to target 1.4236. the pound dollar pair, it is consolidating between 1.6450 and 1.6520 having the royal currency trading around $1.6480. Yesterday, fundamentals concerning retail sales in England, showed that retail sales inclined by 1.2% in June compared with May the UK released its GDP for the second quarter advanced reading showing that the contraction narrowed to -0.8 percent from the first quarter contraction of 2.4% which is worse than the expected contraction of 0.3 percent, The GDP annualized reading for the second quarter advanced reading widened to -5.6% from -4.9% while the markets were projecting a contraction of -5.2 percent. This reading marked the worst since 1955. the dollar yen pair declined today will get back to the 94.50 level, while yesterday the pair managed to breach the 95.00 level. The pair recorded low of 94.58 and a high of 95.16 Today.
Wednesday, July 22, 2009
Mr. Bernanke painted a new road map for the U.S. economy and push the dollar once again strongly 22/7/2009
The Federal Reserve Bank’s Chairman Ben S. Bernanke testified yesterday before the House Panel on the monetary policy, Bernanke signaled that conditions seem to have improved recently as the pace of contraction started to ease “significantly”, yet Bernanke signaled that the labor market continued to weaken as companies continued to layoff more workers, and he said the Feds will continued to provide aid for financial markets, as they decided to slash their interest rates down to a historical low rate between 0% and 0.25%, while the Feds also expanded their balance sheet to $2.07 trillion in order to facilitate lending and ease constraints in the financial system. And say that the monetary policy will continue to be focused on “fostering economic recovery”, and accordingly the Feds will maintain an accommodative monetary policy for an extended period of time ,Bernanke stressed that the Feds can withdraw the huge amounts of liquidity, and accordingly be able to control upside risks to inflation in the future ,he also called for more regulatory reforms over the financial system, as he signaled the need to focus on the stability of the financial system as a whole. In Australia the Yearly CPI rose 1.5% in the second quarter compared with a previous 2.5% and it came meeting forecasts, while quarterly consumer prices gained 0.5% compared with a prior incline by 0.1%. The euro dollar pair dropped today having the euro trading around $1.4182. The pair went below the 1.4200 level yesterday and today it is having a support at 1.4160 along with a resistance at 1.4223. Pessimism is dominating the market so it is expected that the pair will break the support and reach 1.4123. The pound dollar pair declined as well having the royal currency trading around 1.6390 and the pair recorded a low at 1.6391 and a high at 1.6464. Yesterday fundamentals showed that public sector net borrowing declined to 13.0 billion pound in June from a prior 18.6 billion pound, which pressured the pound to take a downturn.
Friday, July 17, 2009
Fundamental Outlook17/7/2009
The evident was not much change since yesterday's trading as majors remained within relatively the same levels despite the mixed data seen yesterday from the US that showed improvement in the initial claims yet poor TIC flows. The financial turmoil is major factor in the euro zone that is weighing on every major sector in the nation, because with loans being provided to consumers or businesses, there will be a lack of spending and investments in the nation which means that less money is flowing in the region which will negatively affect growth prospects while hold back the zone in recession. The Euro declined against the Dollar after rising earlier today to set an intraday high at 1.4165 to trade around 1.4110 while also recording a low of 1.4053, the pair seems to be heading to the upside over the short term, The British Pound also declined back against the Dollar as the pair is now trading around the 1.6410 levels after recording a high of 1.6478 and a low of 1.6300 The Dollar declined against the Japanese Yen as investors shunned their risky assts and headed back to safety measures. The U.S. dollar managed to gain back against major currencies, as uncertainty over the outlook continue to overshadow strong earnings from several companies and accordingly the dollar was able to erase earlier losses against major currencies.
Thursday, July 16, 2009
EUR\USD Technical Outlook 16\7\2009
The EUR\USD was failed yesterday to breach the resistance point at 1.4134. The stochastice indicators apparent saturation in the purchasing process, for that we expected that the price of the pair will decline incase of stability the level 1.4100
USD\JPY Technical Outlook16\7\2009
The USD\JPY yesterday took retracement movement for the downside movement which was happened last week to 50%Fabonaci at the price 94.34 which is it the main resistance. We expected that the pair completed its retracement and now it will continue to decline to achieve the new goal at 90.92 and that apparent through stochastic and CCI indicators.
GBP\USD Technical Outlook16\7\2009
GBP/USD The Royal pair (GBP/USD) can arrive yesterday 61.8% Fibonacci retracment at 1.6450 for the downside which was occur last week , we expected that the retracment movement finished and we expected too that the pair will downside again , but it will face fluctuation for the price in the few coming hours before downside again , all of that are clear by the indicators .
Wednesday, July 15, 2009
Daily Fundamental Report
After the markets were filled with pessimism lately now we see that story has changed as currently we see investors buying higher yielding assets while selling lower yielding assets in which is a process we call carry trades.
The United Kingdom released its jobless claims change for the month of June showing that it rose at the slowest pace since 13 months.
We have seen today different fundamentals from the Euro Area and United Kingdom. According to the Royal fundamentals, the ILO Unemployment Rates surged in May to 7.6% from the previous 7.2% besides, the Claimant Count Rate held steady at 4.8% from the previous 4.8% revised down to 4.7% levels.
Even after those fundamentals, the British Pound managed to continue its uptrend against the US dollar and the Japanese Yen for the third consecutive day, to currently trade at 1.6440.The euro inclined heavily today against the US dollar to currently trade at 1.4059 levels, after recording a high of 1.4070 and a low of 1.396, also the euro managed to incline against the Japanese Yen for the third consecutive day.
Bank of Japan today left interest rates steady at 0.10 percent which was inline with market expectations and unchanged from the previous meeting.
In the United State of America there was many economic data today , US released on one hand its CPI for June showing an incline as it came in 0.7%better than the expected reading of 0.6% and the prior reading of 0.1%.On the other hand, the US Core CPI for June rose to 0.2%; better than expected at 1.7% from 1.8%
The United Kingdom released its jobless claims change for the month of June showing that it rose at the slowest pace since 13 months.
We have seen today different fundamentals from the Euro Area and United Kingdom. According to the Royal fundamentals, the ILO Unemployment Rates surged in May to 7.6% from the previous 7.2% besides, the Claimant Count Rate held steady at 4.8% from the previous 4.8% revised down to 4.7% levels.
Even after those fundamentals, the British Pound managed to continue its uptrend against the US dollar and the Japanese Yen for the third consecutive day, to currently trade at 1.6440.The euro inclined heavily today against the US dollar to currently trade at 1.4059 levels, after recording a high of 1.4070 and a low of 1.396, also the euro managed to incline against the Japanese Yen for the third consecutive day.
Bank of Japan today left interest rates steady at 0.10 percent which was inline with market expectations and unchanged from the previous meeting.
In the United State of America there was many economic data today , US released on one hand its CPI for June showing an incline as it came in 0.7%better than the expected reading of 0.6% and the prior reading of 0.1%.On the other hand, the US Core CPI for June rose to 0.2%; better than expected at 1.7% from 1.8%
USD/JPY Technical Outlook15/7/2009
USD/JPY movement is restricted in a narrow range between support level at 93.31 and resistance level at 93.98. While it's currently around 93.90 The highest level was at 93.96 and the lowest level was at 93.26 today. In the other hand, momentum oscillator shows long buy saturation. However, it's expected to have a retracment move today to level 38.2% (Fibonacci line) at 93.01.
EUR/USD Technical Outlook 15/7/2009
EUR/USD tend to have upside trend throughout trading stability near major resistance1.3994, we still expect to achieve intraday upside to the support level at1.4125, And if the pair can breach the resistance level it will may arrive 1.4252, all of that depend on the stability of the appointed major resistance level at1.4125.
GBP/USD Technical Outlook 15/7/2009
GBP/USD is still upside trend breaching the resistance level 1.6238 and 1.6289 , the secondary outlook is showing the breaching , resting and then go upside to prove the upside breach , which will shift the pressure to the next resistance that is the pivot resistance at 1.6373
Thursday, July 9, 2009
The market is expecting interest rate decision from the Central Bank of England 9/7/2009
The real estate sector in UK is still weak as a result to the released economic data last week which drove the BOE to extending the duration of liquidity policy for the financial market to support borrowing level, we are waiting for the monetary policy committee MPC meeting and the decision making about interest rate, in addition the announcement of quantitative easing data, as a result we will see some intraday movement for this pair GBP/USD.
Tuesday, July 7, 2009
GBP/USD Technical Report 7/7/2009
The GBP/USD closed up higher than we expected yesterday at the resistance level of 1.6220 which met the 23.6% Fibonacci level.
The outlook today that the pairs will continue rising for a while to put pressure on the resistance level at 1.6235 and then the expectation is that the pair will complete the landing to achieve the goals that are expected to reach at 1.5980 then 1.5842.
The outlook today that the pairs will continue rising for a while to put pressure on the resistance level at 1.6235 and then the expectation is that the pair will complete the landing to achieve the goals that are expected to reach at 1.5980 then 1.5842.
Friday, June 26, 2009
Daily Fundamental Report26/6/2009
The Dollar declines once again against the Euro and other major currencies despite the data from the US showing that the economy contracted less than once expected during the first quarter of the year.
As for the Pounds, for the third consecutive day yesterday, trading was able to end the day at the 38.2% correction at 1.64223 where the pair is failing to determine a specific trend on the short term. However we see a bearish candlestick reversal on the four hour charts supported by the bearish signs on the stochastic indicator which may result in a downside correction to 1.63550 and 1.6320 respectively.
The Euro inclined yesterday to the 1.4000 mark to record a high at 1.4050 before reversing back to the downside. Momentum indicators show neutral signs on the daily charts yet on the four hour charts we see the pair near an overbought area.
the pair still needs to complete the targets for the double bottom formation at 1.40750 before opening the way to retest 1.41621.
Despite reaching levels at 96.60 yesterday, the USD/JPY pair declined heavily to close below the 38.2% correction at 96.10
As for the Pounds, for the third consecutive day yesterday, trading was able to end the day at the 38.2% correction at 1.64223 where the pair is failing to determine a specific trend on the short term. However we see a bearish candlestick reversal on the four hour charts supported by the bearish signs on the stochastic indicator which may result in a downside correction to 1.63550 and 1.6320 respectively.
The Euro inclined yesterday to the 1.4000 mark to record a high at 1.4050 before reversing back to the downside. Momentum indicators show neutral signs on the daily charts yet on the four hour charts we see the pair near an overbought area.
the pair still needs to complete the targets for the double bottom formation at 1.40750 before opening the way to retest 1.41621.
Despite reaching levels at 96.60 yesterday, the USD/JPY pair declined heavily to close below the 38.2% correction at 96.10
Monday, June 22, 2009
Daily Fundamental Report 22/6/2009
EUR/USD failed to maintain the higher levels. It started the week with trading remains within narrow ranges as the difference so far between the intraday high at 1.39468 and the intraday low at 1.38539.
We see the stochastic indicator is attempting to show a bearish crossover on the daily charts supported by indicator that is signaling for downside movements where targets are now at the 61.8% correction at 1.39102. A breach of this level will take the pair to 1.37562 as an initial target. Note that this decline may be stalled as fundamentals from Germany on queue later today are rather optimistic.
In the Euro zone next on our calendars we have IFO current assessment for June, in which projections show that it will incline to 83.0 from the previous 82.5. Although the reading is slowly rising yet is further giving us evidence that the government interventions and the ECB actions into recovering economic growth are creating a difference in the economy.
The World Bank stated that the global recession is worse than what was expected earlier, from the beginning it had caused investors to sell higher yielding assets and buy lower yielding assets, which weighed on the Euro heavily in the markets causing it to lose strength.
We expect the pair USD/JPY is to correct to the upside towards 96.692 at the very least as momentum indicators show the pair being oversold before reversing back to the downside with enough bearish momentum to breach the above mentioned support level and target 95.00 and 93.523 respectively.
A relatively quiet week for UK economic data will put the spotlight on the testimony by BOF MPC members to the Treasury Select Committee and the DMO gilt auctions. The MPC members are likely to reiterate their warning when they testify on the Inflation Report on Wednesday that the economy still faces major hurdles before recovery is assured, even if the data justifies optimism that we could see a return to marginal growth in Pounds later this year.
We see the stochastic indicator is attempting to show a bearish crossover on the daily charts supported by indicator that is signaling for downside movements where targets are now at the 61.8% correction at 1.39102. A breach of this level will take the pair to 1.37562 as an initial target. Note that this decline may be stalled as fundamentals from Germany on queue later today are rather optimistic.
In the Euro zone next on our calendars we have IFO current assessment for June, in which projections show that it will incline to 83.0 from the previous 82.5. Although the reading is slowly rising yet is further giving us evidence that the government interventions and the ECB actions into recovering economic growth are creating a difference in the economy.
The World Bank stated that the global recession is worse than what was expected earlier, from the beginning it had caused investors to sell higher yielding assets and buy lower yielding assets, which weighed on the Euro heavily in the markets causing it to lose strength.
We expect the pair USD/JPY is to correct to the upside towards 96.692 at the very least as momentum indicators show the pair being oversold before reversing back to the downside with enough bearish momentum to breach the above mentioned support level and target 95.00 and 93.523 respectively.
A relatively quiet week for UK economic data will put the spotlight on the testimony by BOF MPC members to the Treasury Select Committee and the DMO gilt auctions. The MPC members are likely to reiterate their warning when they testify on the Inflation Report on Wednesday that the economy still faces major hurdles before recovery is assured, even if the data justifies optimism that we could see a return to marginal growth in Pounds later this year.
Daily Calendar 22/6/2009
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Tuesday, March 24, 2009
Monday, March 23, 2009
Technical Report 23.3.2009
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http://www.fxcbs.com/pdfs/tac23.3.2009.pdf
http://www.fxcbs.com/pdfs/tac23.3.2009.pdf
Friday, March 20, 2009
Tuesday, March 17, 2009
GBP/USD Technical Report17.3.2009
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http://www.fxcbs.com/pdfs/gbp17.3.2009.pdf
http://www.fxcbs.com/pdfs/gbp17.3.2009.pdf
Support& Resistance17.3.2009
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http://www.fxcbs.com/pdfs/sr17.3.2009.pdf
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Daily Fundamantal Report17.3.2009
Industrial sector continues to shrink in the United States in the light of the intensification of the credit terms that give more pressure on the industries of America, which already suffer from lower consumption and lower domestic demand for American products after the damage to many countries of the world since the credit crisis that contributed to the deterioration of the sector global financial and sharp rise in unemployment levels. New York, where the industrial index fell to -38.23 in March from the previous expected -32.80 and -34.65, for the record, therefore have the lowest ever level since the index began in 2001, deterioration of trade at the global level in addition to a decrease in consumption since the eruption of which reduce levels of unemployment income and the sharp decline in investment due to the stalemate that continues to dominate the financial system deepen the recession of the industrial sector, which witnessed a decline in the levels of demand after the forced factories to reduce their productivity in order to reduce expenses. We saw yesterday, there is optimism for the market rise of equity markets at the global level, while the risk appetite of investors, therefore, once again, and moved to trading on the high-yielding currencies, which support the respective strengths of the euro and sterling against the dollar and the yen yesterday and today, is also where optimism today still in control of the markets, and we find that the thing which the strength of currencies against the U.S. dollar is also deteriorating outlook for the economy than the U.S. during the last period. Has given confidence that the U.S. dollar market filled a large force to rise today at the expense of the Japanese yen, but as the pair of the level of resistance of steel at 98.90 we find that the pair was impotent at the present time, but with the support of technical indicators at the present time to the bottom level of daily instantaneous, and we expect that the pair moves to some lower level to collect sufficient upward momentum to break through the level and trend upward, and we expect that the pair traded lower this level by the time the statements are issued by the U.S. and may give support to the U.S. dollar to rise more. The pair has the highest so far at the lower levels of 98.85 and 98.18 is at levels.
The euro area, which includes about 16 suffer from the worst economy in addition to their degradation and the deteriorating economic conditions, it is part of the deepening recession and a slowdown in the global economy the negative impact on economic activities within the region, prompting the low levels of demand is a sharp contraction, which would and paralysis of the economic growth, which prompted the demobilization of more employment and therefore high rates of unemployment and therefore low levels of consumption and spending to pay down the levels of demand and thus low levels of inflation and price. Was also the causes of the decline in prices is the high volatility in commodity prices, which, especially energy prices, which continued during the first half of the previous year, the main driver of the high levels of inflation, but commodity prices have tended to decline since the start of the second half but they continued to decline sharply so far, with the deepening economic recession which would risk increasing inflationary recession in the region. Indeed, inflation rates have fallen below 2.0% and the European Central Bank deems safe level of price stability in the region in light of the continued decline in commodity prices alongside the continuing contraction of the European economy. The employment index in the euro area and the expansion of the contraction ratio of 0.3% recorded in the fourth quarter of 2008 to prepare the second quarterly contraction and the lowest level since 1995, while reading the previous contraction with 0.1%, while the indicator on the annual level for the same The period of constant rate of 0.0% of the high rate of 0.8% has been amended to increase by 0.6%.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The euro area, which includes about 16 suffer from the worst economy in addition to their degradation and the deteriorating economic conditions, it is part of the deepening recession and a slowdown in the global economy the negative impact on economic activities within the region, prompting the low levels of demand is a sharp contraction, which would and paralysis of the economic growth, which prompted the demobilization of more employment and therefore high rates of unemployment and therefore low levels of consumption and spending to pay down the levels of demand and thus low levels of inflation and price. Was also the causes of the decline in prices is the high volatility in commodity prices, which, especially energy prices, which continued during the first half of the previous year, the main driver of the high levels of inflation, but commodity prices have tended to decline since the start of the second half but they continued to decline sharply so far, with the deepening economic recession which would risk increasing inflationary recession in the region. Indeed, inflation rates have fallen below 2.0% and the European Central Bank deems safe level of price stability in the region in light of the continued decline in commodity prices alongside the continuing contraction of the European economy. The employment index in the euro area and the expansion of the contraction ratio of 0.3% recorded in the fourth quarter of 2008 to prepare the second quarterly contraction and the lowest level since 1995, while reading the previous contraction with 0.1%, while the indicator on the annual level for the same The period of constant rate of 0.0% of the high rate of 0.8% has been amended to increase by 0.6%.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Monday, March 16, 2009
Support & Resistance 16.3.2009
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http://www.fxcbs.com/pdfs/sr16.3.2009.pdf
http://www.fxcbs.com/pdfs/sr16.3.2009.pdf
Weekly Fundamantal Report 16.3.2009
The previous week ended with the trade balance data in the United States of America, which saw an unexpected contraction in the trade deficit, but the reasons behind this decline is due to the dynamics of the American economy consumer spending and a request to the various goods and commodities. Despite the improvements in the trade balance, however, that the problems of spending by consumers are still more obstacles to the American economy out of the economic plight of the worst since the Great Depression. In a separate report from the U.S. Labor Department showed an increase in grant requests for the week ending March 7 of this to be at 654 after a request to the value of 639 was asked to amend this to read to read the value of 645 thousand . The outlook was at the 644 applications. In addition to this grant requests have been issued for the week ending on 28 February last, which amounted to 5317 thousand. A request from the 5106 to 5124 has been amended applications. Mr. Bernanke did not give the market more details about the steps he intends to follow the Federal Bank; however, U.S. stocks rose with the beginning of the meeting that day, with investors eager for any news that would support the prices of financial shares in particular, after reaching its lowest level ever. Mr. Jitnr also said U.S. Treasury Secretary in a statement issued in Washington, demanding that the Group of Twenty to take more action to resolve to work to end the current financial crisis and also asked them to increase money supply by the International Monetary Fund to reach 500 billion dollars. At the end saying that this crisis is global and this requires a collective global responsibility and resolve to end it worked well, and it should be noted that the IMF wants the government to be given to stimulating their economies by 2% of gross domestic product of every nation. Turning to the world's second largest economy and the leader of the Asian region and is the Japanese economy, which continue to deepen in the deepest economic recession since the fall when the post-war period. This is in spite of efforts by the Japanese government and the Central Bank, which aims to achieve stability in the financial system and lifting the rigidity of the credit markets to return again and borrowing that would facilitate trade and reduce losses from Japanese companies. Started the previous week for the Japanese economy with the data in the current account deficit, the first deficit since the 13 year due to the collapse of exports, which reached the lowest ever during the month of January by 46.3%. Has shrunk the overall current account for the month of January in Japan, the value of 172.8 billion yen, after it was expected that the deficit gap to only 15.3 billion yen, and this was the previous reading showed a surplus of 125.4 billion yen. This reading is the lowest level since a deficit in 1985, in addition to this expansion has been in the trade balance deficit increased to 844.4 billion yen after a surplus of 197.9 billion yen was expected that the deficit will grow the value of 811.6 billion yen. Week of the euro has been positive in terms of moves, but the data did not reflect the economic reality faced by the rise of currency, but the rise was based on the higher risk appetite of investors hopes to adopt after governments around the world with more new and catalytic actions of the other hand, the dollar fell for the deepening recession in the economy despite all the initiatives by the U.S. government to accept, for the euro had risen this week, a minimum of 1.2554 to 1.2955 higher. The most important developments in Europe confirm the decision by the Swiss central bank to reduce the interest rate as was expected of him and the value of 25 basis points to 0.25% from the previous 0.50% to levels approaching zero, therefore in an attempt to overcome the worst recession since 1982 due to the drop in domestic consumption and increase in the value of the Swiss franc, which is detrimental to exports, as the Swiss unemployment rate rose to 3.4% in February from the previous 3.0%, while the index of producer prices and imports declined in February to -0.6% -0.8% from the previous level, while prices have dropped the annual rate of -- 1.8% from the previous -0.9%. This has been a very quiet week in the British economy's second-largest economy in the European continent and this was in contrast to last week, which was full of economic data, and find that, despite the absence of economic data, however, stagnation and decline are still dominant throughout the economy and the Royal world, and despite this lull, however, the beginning of this week was fraught with overwhelming fear, which is still in control of the market. And this fear has led the following data indicate that the Government will acquire the group Lloyds Banking Group plc, which is the largest mortgage lender in the United Kingdom and will be in exchange for guarantees of the company worth 260 billion pounds ($ 367 billion) of loans and assets bad to it, and this has led to the decline in the company's shares by 14%.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Daily Fundamantal Report 16.3.2009
Today is the first day in our week Economic and find that this will be a busy week of economic data as a large and important economic drivers of the markets, which may play an important role in the economic process in the coming period, but such talk about these statements will turn our attention to the meeting of finance ministers twenty, which was held over the weekend and who was able to leave a strong and significant impact on the stock markets, which rose strongly today. The meeting took place and the twenty-Ministers of Finance in the United Kingdom near London at the end of last week, and we find that this meeting had been a great deal of attention and anticipation, and despite the fact that the meeting was not something new but he managed to give some confidence to investors again went to the trading in the stock markets at the global level. We have the whole twenty finance ministers that the best solution out of this economic crisis, which is strenuous and the worst since the Great Depression, is to unite and work as one to be able to get rid of the enormous amount of assets and poisonous bad debts, which led the global credit crisis, which prompted banks to incur losses of up to more than a trillion dollars. Minister has to develop the plan to be followed by governments around the world in order to resolve this crisis and rid the banks and financial institutions, securities and assets affected by each of the US bank Citigroup and Royal Bank of Scotland introduced the wall, and made them suffer heavy losses. And this meeting had come to this great figure of the claim promptly after the investors in the world governments to take swift and firm action to resolve the current economic crisis. This also came in a report issued by the Central Bank of the British housing market British-backed bonds will be closed for the remainder of this year, probably since the banks are still experiencing serious losses incurred during the financial crisis has been that as the situation does not bode well for the these markets for the remainder of the year, and the bank said it must be moderate levels of liquidity in a large first before any other decisions. With regard to economic data today, we find that the data are concentrated on the importance of the European economy and of the European consumer price index is the index measuring the levels of inflation in the region, and believe that the expectations indicated that the actual reading will be higher than the previous reading, But, my dear reader, the problem lies in the fact that economic conditions in the European region is, at the present time and is now almost certain expectations in connection with the Central Bank to cut interest rates more in the coming period. And away from the events of the day, we find that this week will be full of very important data, where is expected that the Bank of Japan interest rate decision announcement of the new and often will be installed at the interest rates of 0.10% as was the case during the last meeting, this is in addition to the meeting of the Committee Federal, which will open in which members of the Federal Reserve Bank headed by Mr. Ben Bernanke install U.S. interest rates also in the desired area between zero% and 0.25%
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Friday, March 13, 2009
Daily Technical Report13.3.2009
To display the Daily Technical Report open this link http://www.fxcbs.com/pdfs/te13.3.2009.pdf
GBP/JPY Technical Report 13.3.2009
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http://www.fxcbs.com/pdfs/gbp.jpy13.3.2009.pdf
http://www.fxcbs.com/pdfs/gbp.jpy13.3.2009.pdf
Support & Resistance 13.3.2009
To display the Support & Resistance open this link
http://www.fxcbs.com/pdfs/sr13.3.2009.pdf
http://www.fxcbs.com/pdfs/sr13.3.2009.pdf
Daily Fundamantal Report 13.3.2009
Today, financial markets witnessed some recovery, which started since yesterday to pay the principal currencies of high-yield strongly upward as we see today and is due to the optimism that prevailed in the market since yesterday following the release of U.S. retail sales data, which showed an unexpected improvement, prompting the risk appetite of the market, but, unfortunately, often this movement will be temporary as the economic conditions at present do not encourage the continuation of this recovery.
Decreased confidence that the global economy shrank after the most major economies, and were dominated by fears of recession in depth the economic global governments are trying to find appropriate solutions futile to revitalizing the economy, which took place in the worst economic crisis since the Second World War, and economic data are still economies of the world indicate the decline in the performance of the global economy of declining levels of production and high rates of unemployment and this is a threat more than engaging in the process of economic stagnation and increases the pressure on governments to find appropriate solutions capable of addressing the economic collapsed.
With the increasing number of Americans who are dismissed from their place of work, we find that retail sales in the United States, back in February, even if less than expected decline in income as a result of the continued stagnation of individuals and lending system, which increases the concern about the deepening recession in the largest economy in the world the fact that consumption constitute two thirds of the growth
Terms of retail sales in February fell by 0.1% and the worst of the past, when sales rose in January by 1.0%, which was adjusted to 1.8%, but better than expectations, which was -0.5%, while retail sales, which exclude transportation have risen by 0.7% and the worst of the previous 0.9%, which was adjusted to 1.6%, but better than expected -0.1%.
We have the European Central Bank yesterday issued the monthly report on the European Central Bank and has come within the folds of this report data on the expectations on the European economy after the European Central Bank cut interest rates 50 basis points worth of interest up to the present 1.50%, while also reducing the interest rate on the marginal lending facility and deposit facility to 2.50% and 0.50% sequentially, and this decision is the European Central Bank has cut interest rates since last October, the value of 275 basis points
Has resulted in economic damage suffered by the global economy to the low volume of trade and economic activities between the European region and other parts of the world, and even emerging economies, which has been supporting the European exports at the beginning of the global crisis has seriously affected as a result of the deepening recession in all parts of the world, and But the crisis flared up more when accompanied by declining levels of global demand for European goods and commodities in the levels of the weakness of internal demand, as it with the high levels of unemployment and lack of consumer confidence moved strongly in the European region to refrain from spending and demand, and here the European economy fell into the trap of stagnation.
According to expectations the European Central Bank and economic data available at the present time the bank is expected to increase gross domestic product had fallen this year, more especially after the economy shrank in the fourth quarter of last year rose by 1.5%, and is expected to decline through 2009 would range between 2.2 % and 3.2%, decline by between 0.7% and the recovery rate of 0.7% over 2010.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Decreased confidence that the global economy shrank after the most major economies, and were dominated by fears of recession in depth the economic global governments are trying to find appropriate solutions futile to revitalizing the economy, which took place in the worst economic crisis since the Second World War, and economic data are still economies of the world indicate the decline in the performance of the global economy of declining levels of production and high rates of unemployment and this is a threat more than engaging in the process of economic stagnation and increases the pressure on governments to find appropriate solutions capable of addressing the economic collapsed.
With the increasing number of Americans who are dismissed from their place of work, we find that retail sales in the United States, back in February, even if less than expected decline in income as a result of the continued stagnation of individuals and lending system, which increases the concern about the deepening recession in the largest economy in the world the fact that consumption constitute two thirds of the growth
Terms of retail sales in February fell by 0.1% and the worst of the past, when sales rose in January by 1.0%, which was adjusted to 1.8%, but better than expectations, which was -0.5%, while retail sales, which exclude transportation have risen by 0.7% and the worst of the previous 0.9%, which was adjusted to 1.6%, but better than expected -0.1%.
We have the European Central Bank yesterday issued the monthly report on the European Central Bank and has come within the folds of this report data on the expectations on the European economy after the European Central Bank cut interest rates 50 basis points worth of interest up to the present 1.50%, while also reducing the interest rate on the marginal lending facility and deposit facility to 2.50% and 0.50% sequentially, and this decision is the European Central Bank has cut interest rates since last October, the value of 275 basis points
Has resulted in economic damage suffered by the global economy to the low volume of trade and economic activities between the European region and other parts of the world, and even emerging economies, which has been supporting the European exports at the beginning of the global crisis has seriously affected as a result of the deepening recession in all parts of the world, and But the crisis flared up more when accompanied by declining levels of global demand for European goods and commodities in the levels of the weakness of internal demand, as it with the high levels of unemployment and lack of consumer confidence moved strongly in the European region to refrain from spending and demand, and here the European economy fell into the trap of stagnation.
According to expectations the European Central Bank and economic data available at the present time the bank is expected to increase gross domestic product had fallen this year, more especially after the economy shrank in the fourth quarter of last year rose by 1.5%, and is expected to decline through 2009 would range between 2.2 % and 3.2%, decline by between 0.7% and the recovery rate of 0.7% over 2010.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Thursday, March 12, 2009
Daily Support & Resistance 12.3.2009
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http://www.fxcbs.com/pdfs/sr12.3.2009.pdf
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Daily Fundamantal Report 12.3.2009
Complement today's U.S. markets, which track the rising started yesterday and adopted by the majority of global equities today, where shares of companies received financial support and led a major rise after data indicated that the Bank of Citigroup, despite the difficult conditions experienced by the economy could achieve operating profits during the first two months of this year, which increased the appetite of investors for risk. What has increased the optimism of investors is the immersion of Bernanke's remarks to the President of the Federal Bank of the need for more regulation in financial markets to protect investors in addition to the approval that he would not allow the collapse of any of the banks because that would plunge the U.S. economy further into recession, which has expectations that the government would accept to spend more liquidity in the banking system and support financial institutions in order to avoid collapse. The other hand, we find that today it is expected that President Obama is the signing of the financing project valued at 410 billion dollars from the plan of 787 billion to spend on the draft U.S. government food aid to the poor and other energy research, and yesterday was to have been approved by the Senate, which come all of these Government initiatives to increase the liquidity in the market and they support the consumption of the main causes of the deepening recession.
GBP/USD pair rose against the U.S. dollar slightly after the data on the trade balance during the month of January, where the actual reading to show expansion of the value of the deficit in 7745 million pounds after the previous reading showed a deficit of 7367 million pounds has been modified to show a deficit of 7232 million pounds, indicating data to deepen the economic recession in the United Kingdom affected by a low level of domestic demand and declining levels of spending.
With the euro failed to break the level of support changed at 1.2616 and this is what brought him to face resistance at the 1.2715 level to reach a maximum at 1.2730, but if the husband broke this level is likely to continue to the spouse, provided the stability of the price to rise above the level of 1.2730, but still the general trend decreasing trend of the husband without the stability of the price level of 1.2820, and the husband is now deliberating between the level of support at the 1.2680 level and resistance at 1.2725 and 1.2679 when trading opened and recorded at the highest level of 1.2735 and 1.2616 at the minimum.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
GBP/USD pair rose against the U.S. dollar slightly after the data on the trade balance during the month of January, where the actual reading to show expansion of the value of the deficit in 7745 million pounds after the previous reading showed a deficit of 7367 million pounds has been modified to show a deficit of 7232 million pounds, indicating data to deepen the economic recession in the United Kingdom affected by a low level of domestic demand and declining levels of spending.
With the euro failed to break the level of support changed at 1.2616 and this is what brought him to face resistance at the 1.2715 level to reach a maximum at 1.2730, but if the husband broke this level is likely to continue to the spouse, provided the stability of the price to rise above the level of 1.2730, but still the general trend decreasing trend of the husband without the stability of the price level of 1.2820, and the husband is now deliberating between the level of support at the 1.2680 level and resistance at 1.2725 and 1.2679 when trading opened and recorded at the highest level of 1.2735 and 1.2616 at the minimum.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Wednesday, March 11, 2009
Daily Fundamantal Report 11.3.2009
U.S. dollar fell yesterday against a basket of currencies, and so investors to accept high-yielding currencies in light of reports received on the bank Citigroup, the performance of the current quarter was the best since 2007, prompting optimism to investors in the market Prevail today, a wave of reluctance to trade return on the market especially after the problems have escalated between the United States of America and the State of China and as a result of the entry of warships into the territorial waters of the State of China without obtaining permission to enter from the Chinese government, prompting the Chinese warships to address on this ship, and this has been provided by the U.S. government and the Chinese all alone on the complaint on these balls. The payment of this difference that has arisen between these two great economists fear to the hearts of investors, prompting them to go to the circulation of the low-yielding currencies as a hedge in case the situation flared up between the two countries.
Another day, a wave of calm with the start of trading for a day full of economic data from the European region, which often increase the pressure on the European currency, and paid more to the bottom following the progress shown at the beginning of the Asian trading session at the expense of the U.S. dollar, while the currency is still property severe weakness and collapse after data showed the extent to find the largest mortgage lender in the UK.
Optimism is still controlled the market today and are still getting a trading post that dispelled by the news from Citigroup, the pessimism which had been overshadowed in recent times, while the initiatives are still the various governments around the world adopted in order to mitigate the impact of the crisis of credit has increased expectations and the expectations of the start of the restoration of the global economy recovered during the second half of this year. Where he was President of the Bank, Citigroup announced yesterday that, despite the difficult conditions experienced by the economy but it is most likely to have achieved operating profits during the first two months of this year, while HSBC Bank announced that its performance may prove better than expectations this year, This support contributed to today's financial firms around the world.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Another day, a wave of calm with the start of trading for a day full of economic data from the European region, which often increase the pressure on the European currency, and paid more to the bottom following the progress shown at the beginning of the Asian trading session at the expense of the U.S. dollar, while the currency is still property severe weakness and collapse after data showed the extent to find the largest mortgage lender in the UK.
Optimism is still controlled the market today and are still getting a trading post that dispelled by the news from Citigroup, the pessimism which had been overshadowed in recent times, while the initiatives are still the various governments around the world adopted in order to mitigate the impact of the crisis of credit has increased expectations and the expectations of the start of the restoration of the global economy recovered during the second half of this year. Where he was President of the Bank, Citigroup announced yesterday that, despite the difficult conditions experienced by the economy but it is most likely to have achieved operating profits during the first two months of this year, while HSBC Bank announced that its performance may prove better than expectations this year, This support contributed to today's financial firms around the world.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Monday, March 9, 2009
Support & Resistance 9.3.2009
To display the Support & Resistance open this link
http://www.fxcbs.com/pdfs/su9.3.2009.pdf
http://www.fxcbs.com/pdfs/su9.3.2009.pdf
Weekly Fundamantal Report 9.3.2009
Over the previous week, in light of more pessimism in the market, where unemployment rates raised in the United States to 8.1% in February, which is the highest level ever reached since the 25 year!! After it had been abandoned for more than half a million people, about 651.0 thousand for the third month in a row to increase the low levels of spending and consumption, which accounts for two thirds of the U.S. economy affected by the worst financial crisis since the Great Depression, to confirm that Mr. Bernanke's remarks earlier that the U.S. economy will go into recession during the first quarter of this year. In the end, bad news and the inevitable result of the U.S. dollar fell against a basket of currencies during today's meeting.
The previous week was fuelled of events where the interest rate has been reduced to the lowest level by the European Central Bank and Britain yesterday to reach the lowest level ever in an attempt to support these banks, after their economies have been affected by the worst financial crisis since the Second World War.
These bad data prompted investors to look for another currency far from dollar after it had served as a safe haven for their investments than the support of the upward pressure of each of the euro and the pound sterling, while it also strengthened the U.S. dollar's rise against the yen after Japan's recent strength has been to other major currencies.
Also the British economy was not spared the risk of inflationary recession as falling energy prices and commodities in addition to the low levels of consumption expenditure and a result of the recession and all sectors of economic activities within the land property, thereby causing the high rates of unemployment and low levels of confidence in the British economy. So it was from the World However, the reduction of British interest rates continuously for a period of six months, respectively
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The previous week was fuelled of events where the interest rate has been reduced to the lowest level by the European Central Bank and Britain yesterday to reach the lowest level ever in an attempt to support these banks, after their economies have been affected by the worst financial crisis since the Second World War.
These bad data prompted investors to look for another currency far from dollar after it had served as a safe haven for their investments than the support of the upward pressure of each of the euro and the pound sterling, while it also strengthened the U.S. dollar's rise against the yen after Japan's recent strength has been to other major currencies.
Also the British economy was not spared the risk of inflationary recession as falling energy prices and commodities in addition to the low levels of consumption expenditure and a result of the recession and all sectors of economic activities within the land property, thereby causing the high rates of unemployment and low levels of confidence in the British economy. So it was from the World However, the reduction of British interest rates continuously for a period of six months, respectively
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Daily Technical Report 9.3.2009
To display the Daily Technical Report open this link
http://www.fxcbs.com/pdfs/te9.3.2009.pdf
http://www.fxcbs.com/pdfs/te9.3.2009.pdf
Friday, March 6, 2009
Daily Fundamental Report 6.3.2009
In the United States of America Today issued the monthly jobs report, which is expected to show an increase in the
number of posts that have been lost that the current expectations on the report of the monthly jobs report indicates
that this month will carry within it the highest level of loss of jobs from more than 60 years, since the expectations in
the market now is the low value of 650 thousand jobs in reading compared to the previous low value of 598 thousand
jobs, and had been the custom, my dear reader, over the past months that, whatever the reading of the ADP jobs
report, the low reading of the monthly jobs report is always the worst of them, and if we adopt this theory today Dear
reader, have dealt with jobs lost this month for the 700 thousand , and from this perspective we see that economic
conditions in the United States of America worsening day after day, and that even the new standards by the
Government of Mr. Obama's declaration during the last period may not be sufficient to help economy. These
reductions were the result of the deterioration of economic conditions in general at the global level or at the European
level, where economic conditions have deteriorated in the euro area after the hit by the worst financial crisis since the
Great Depression, where the major economies of the region contracted sharply and appeared to us today the gross
domestic product of the region to show the contraction of the region in the last quarter of the previous year is
considered as the contraction for the third quarter in a row, which means that the continuation of the deepening
recession in the region, and the worst since its inception ten years, and high rates of unemployment with a high risk of
inflationary recession
As of yesterday, or was on the interest rate day, where each of the European Central Bank and Bank of England to cut
interest rates by about 50.0 basis points, bringing the interest rate for the euro to a record 1.50% and the interest rate
on the foreign exchange ratio of 0.50% ownership. This is the lowest level reached, interest rates at all, both for the EU
and British Central Bank.
The Euro rise again today after declined yesterday, which had the effect of the decision to reduce interest rate on the
euro in the European region, while the Euro looks strong so far but we expect to begin trading in the calm and the pair
comes in the wave of trading side at the moment during the coming period, and by the time the transaction report, and
in the case of the rise will be the first goal of the pair at the bottom level 1.2718, while if it began to go down it will be
the first goal of the husband in descending 1.2560 level, but we will have to wait for some time even seen in any way
the pair will be moving.
number of posts that have been lost that the current expectations on the report of the monthly jobs report indicates
that this month will carry within it the highest level of loss of jobs from more than 60 years, since the expectations in
the market now is the low value of 650 thousand jobs in reading compared to the previous low value of 598 thousand
jobs, and had been the custom, my dear reader, over the past months that, whatever the reading of the ADP jobs
report, the low reading of the monthly jobs report is always the worst of them, and if we adopt this theory today Dear
reader, have dealt with jobs lost this month for the 700 thousand , and from this perspective we see that economic
conditions in the United States of America worsening day after day, and that even the new standards by the
Government of Mr. Obama's declaration during the last period may not be sufficient to help economy. These
reductions were the result of the deterioration of economic conditions in general at the global level or at the European
level, where economic conditions have deteriorated in the euro area after the hit by the worst financial crisis since the
Great Depression, where the major economies of the region contracted sharply and appeared to us today the gross
domestic product of the region to show the contraction of the region in the last quarter of the previous year is
considered as the contraction for the third quarter in a row, which means that the continuation of the deepening
recession in the region, and the worst since its inception ten years, and high rates of unemployment with a high risk of
inflationary recession
As of yesterday, or was on the interest rate day, where each of the European Central Bank and Bank of England to cut
interest rates by about 50.0 basis points, bringing the interest rate for the euro to a record 1.50% and the interest rate
on the foreign exchange ratio of 0.50% ownership. This is the lowest level reached, interest rates at all, both for the EU
and British Central Bank.
The Euro rise again today after declined yesterday, which had the effect of the decision to reduce interest rate on the
euro in the European region, while the Euro looks strong so far but we expect to begin trading in the calm and the pair
comes in the wave of trading side at the moment during the coming period, and by the time the transaction report, and
in the case of the rise will be the first goal of the pair at the bottom level 1.2718, while if it began to go down it will be
the first goal of the husband in descending 1.2560 level, but we will have to wait for some time even seen in any way
the pair will be moving.
Thursday, March 5, 2009
Daily Technical Report5.03.2009
To display the Technical Report open this web pag http://www.fxcbs.com/pdfs/05.03.2009.pdf
Daily Fundamantal Report5.03.2009
The Cary Trade dominated the return on the meeting yesterday, so far, after news of the China's third largest economy in the world noted the economic stimulus plan, which aimed at supporting economic growth, which is expected to issue details of the plan today, and the news led to the return of the risk appetite once again attached to investors as the market hopes the impact of Chinese economic support plan.
This is despite the high rates of loss of jobs in the private sector in the United States for the month of February as this is a reference to the pessimism of the posts and read of the report, which is expected this week to the end this is the increase in the economic recession in the United States. As a result, the control of carry trade in trading day the U.S. dollar declined against a basket of currencies.
While the decision issued today, the European Central Bank and the British interest rate, which is expected to cut interest rates by about 50.0 basis points, bringing the interest rate for the euro to 1.50% while the interest rate for the pound sterling to 0.50% and this is the lowest level of the historical interest rate currency on the U.K.
While the U.S. dollar against the yen continue to rise after its success in penetrating the level of resistance at 98.70 and is expected to complete the course to face the rising level of resistance at 99.45 and indicators are determined to satisfy from buying and this may cause some Rebounds down to face a level of support maximum at 97.65 opened trading at 99.11 levels recorded at the highest levels of the USD/JPY and 99.67 at the lower levels of 98.91.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
This is despite the high rates of loss of jobs in the private sector in the United States for the month of February as this is a reference to the pessimism of the posts and read of the report, which is expected this week to the end this is the increase in the economic recession in the United States. As a result, the control of carry trade in trading day the U.S. dollar declined against a basket of currencies.
While the decision issued today, the European Central Bank and the British interest rate, which is expected to cut interest rates by about 50.0 basis points, bringing the interest rate for the euro to 1.50% while the interest rate for the pound sterling to 0.50% and this is the lowest level of the historical interest rate currency on the U.K.
While the U.S. dollar against the yen continue to rise after its success in penetrating the level of resistance at 98.70 and is expected to complete the course to face the rising level of resistance at 99.45 and indicators are determined to satisfy from buying and this may cause some Rebounds down to face a level of support maximum at 97.65 opened trading at 99.11 levels recorded at the highest levels of the USD/JPY and 99.67 at the lower levels of 98.91.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Wednesday, March 4, 2009
Daily Technical Report 4.03.2009
http://www.fxcbs.com/pdfs/&2.pdf (To display the Technical Report open this)
Special Report 4.03.2009
Both U.S. President Barack Obama and British Prime Minister Gordon Brown on Tuesday the need to find a global solution to the financial crisis, and pledged to reform their ailing financial system of their country.
He said the U.S. president met Gordon Brown at the White House that he is fully confident of the success of management plans to deal with the bad bank assets, playing down the large declines of the stock market in the recent period.
He added that Obama is not occupied for the daily sessions the stock market and the economy, they Centashan in the long-term, but long-term capacity of the United States and the entire global economy to its feet.
In his comment on the collapse of the U.S. equities to their lowest levels in 12 years this week, Obama stressed that these declines shows that investors continue to absorb the volume of damage to the economy and financial system.
Obama agreed with Brown that the banking system received a severe blow because of lax regulation and excessive borrowing and the risk of structural institutions incurred huge non-sufficient organization.
For his part, Gordon Brown, who served as finance minister for a decade it was clear the need to change the regulations, called the meeting of the Group, in London next month to a new international agreement is an organizational change at the economic level.
A U.S. President Barack Obama, a bleak picture of the American economy in the first quarter of this year after the performance witnessed by the economy in the last quarter of last year, which he described as the worst in 25 years.
Obama said during a visit to the U.S. Department of Transportation, "The performance of the U.S. economy in the third quarter of 2008 was the worst in more than 25 years and frankly the first quarter of this year holds little hope of improvement."
Obama's remarks came after global stock markets plunged after government statistics showed the U.S. economy shrinking in the last quarter of last year rose by 6.2%, which is the worst performer in the quarter of a century.
Obama reiterated that there is an urgent need for the resumption of lending to help businesses and families to gain access to the funds.
Said Federal Reserve Chairman Ben Bernanke that any hope of economic recovery will depend on the ability of government to support the troubled financial markets.
He said in a speech prepared for delivery before the Senate Special Committee on the budget that the effect of governmental actions taken by the Ministry of the Treasury and the Federal Reserve and other bodies will be determined at the time of the recovery.
He pointed out that the government has made some progress on the financial level since last fall, but informed the Committee that much remains to be done.
At the same time, the Federal Reserve announced Tuesday the start in the implementation of a program to support credit for U.S. consumers and small businesses.
According to the program will be Federal Reserve loans to two hundred billion dollars in the sectors of education, auto and credit card companies.
He had announced the program late last year and was scheduled to begin last month.
Union officials stressed Tuesday that the European Union is equipped to face the repercussions of the financial crisis, which has the solutions to save any of the members of the euro area is in danger of Economic collapse
, the President emphasized the role of the German in the face of the current crisis.
The Monetary Affairs Commissioner Joaquin Almunia of the Union speech in the European Center of Political Research, there was no reason to fear, the region is equipped with the intellectual level and political and economic repercussions of the face of this crisis.
Almunia said that the details could not be discussed publicly, not intelligent to disclose details of the plan, but it already exists.
Almunia said that governments should develop plans to reduce public debt in the long term to achieve stability in their economies.
The other hand, the EU's executive body that will propose a series of new measures on Wednesday, including in particular the reform of financial supervision and banking regulations.
He said European Commission President Jose Manuel Barroso was due to publish the project as part of efforts to address the crisis that has frozen the financial markets and Away
Investors.
He added that in the light of the analysis of this project and by the end of May, the European Commission will present proposals on the future structure of European financial supervision system to a decision at the European Council in next June.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
He said the U.S. president met Gordon Brown at the White House that he is fully confident of the success of management plans to deal with the bad bank assets, playing down the large declines of the stock market in the recent period.
He added that Obama is not occupied for the daily sessions the stock market and the economy, they Centashan in the long-term, but long-term capacity of the United States and the entire global economy to its feet.
In his comment on the collapse of the U.S. equities to their lowest levels in 12 years this week, Obama stressed that these declines shows that investors continue to absorb the volume of damage to the economy and financial system.
Obama agreed with Brown that the banking system received a severe blow because of lax regulation and excessive borrowing and the risk of structural institutions incurred huge non-sufficient organization.
For his part, Gordon Brown, who served as finance minister for a decade it was clear the need to change the regulations, called the meeting of the Group, in London next month to a new international agreement is an organizational change at the economic level.
A U.S. President Barack Obama, a bleak picture of the American economy in the first quarter of this year after the performance witnessed by the economy in the last quarter of last year, which he described as the worst in 25 years.
Obama said during a visit to the U.S. Department of Transportation, "The performance of the U.S. economy in the third quarter of 2008 was the worst in more than 25 years and frankly the first quarter of this year holds little hope of improvement."
Obama's remarks came after global stock markets plunged after government statistics showed the U.S. economy shrinking in the last quarter of last year rose by 6.2%, which is the worst performer in the quarter of a century.
Obama reiterated that there is an urgent need for the resumption of lending to help businesses and families to gain access to the funds.
Said Federal Reserve Chairman Ben Bernanke that any hope of economic recovery will depend on the ability of government to support the troubled financial markets.
He said in a speech prepared for delivery before the Senate Special Committee on the budget that the effect of governmental actions taken by the Ministry of the Treasury and the Federal Reserve and other bodies will be determined at the time of the recovery.
He pointed out that the government has made some progress on the financial level since last fall, but informed the Committee that much remains to be done.
At the same time, the Federal Reserve announced Tuesday the start in the implementation of a program to support credit for U.S. consumers and small businesses.
According to the program will be Federal Reserve loans to two hundred billion dollars in the sectors of education, auto and credit card companies.
He had announced the program late last year and was scheduled to begin last month.
Union officials stressed Tuesday that the European Union is equipped to face the repercussions of the financial crisis, which has the solutions to save any of the members of the euro area is in danger of Economic collapse
, the President emphasized the role of the German in the face of the current crisis.
The Monetary Affairs Commissioner Joaquin Almunia of the Union speech in the European Center of Political Research, there was no reason to fear, the region is equipped with the intellectual level and political and economic repercussions of the face of this crisis.
Almunia said that the details could not be discussed publicly, not intelligent to disclose details of the plan, but it already exists.
Almunia said that governments should develop plans to reduce public debt in the long term to achieve stability in their economies.
The other hand, the EU's executive body that will propose a series of new measures on Wednesday, including in particular the reform of financial supervision and banking regulations.
He said European Commission President Jose Manuel Barroso was due to publish the project as part of efforts to address the crisis that has frozen the financial markets and Away
Investors.
He added that in the light of the analysis of this project and by the end of May, the European Commission will present proposals on the future structure of European financial supervision system to a decision at the European Council in next June.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Tuesday, March 3, 2009
Dialy Fundamantal Report 4.03.2009
Fears of economic recession in depth control of the financial markets, where economies contracted by the United States, Europe, Japan and Britain, which made investors worried about the ability of governments to address the economic situation deteriorated to the worst levels since the Second World War and which has made the major currencies and stock markets sliding down in the past months, and this crisis shows that the houses did not retrace the American sector after the terms of the revitalization of this sector constitutes the basis of the recovery in U.S. economy.
The re-testing of the Egyptian pound to break the level of the fracture pattern of the declining levels of technical and 1.4090 is expected to return to her husband to face the downward track the level of support at 1.3985 levels and indicators are determined to satisfy the sales operations, which could push the price to rise towards the top of the instantaneous face a maximum level of resistance opened trading at 1.4120 to the 1.4053 levels when the husband and the husband's record at the highest levels of 1.4088 and 1.3985 at the register and the lower levels of trading today between 1.3865 and 1.4120.
The Central Bank has installed Australia's interest rates at current levels without a change for the first time in seven months; to keep the Australian dollar holds the highest return among the major global economies, which support the levels of demand for high-yielding currencies, as a result of the declining U.S. dollar against a basket of currencies.
Australian bank to take to install enhanced the interest rate on the trade as investors return, which helped to support the euro, the pound sterling against the dollar, but the U.S. dollar continues to hold strong against the Japanese yen, the result of the relinquishment of the investors and the Japanese yen, falling to the single currency for the euro area and currency property.
While the Canadian Central Bank yesterday cut the rate by about 50 basis points, bringing the interest rate to 0.50%, after the Canadian economy shrank by the worst financial crisis since the Great Depression, which led to the deepening economic recession and then attempt the Bank of Canada to support the economy and facilitate credit operations.
It transpired yesterday that the Canadian economy shrank in December by 1.0%-to be the worst performance since 1982 and is more than the previous -0.7%, therefore the Canadian economy is the eighth largest worldwide have contracted in the fourth quarter at annual rate of -3.4% and is the largest annual contraction since 1991, while the economy grew by 0.9% in the third quarter.
And indicates that the Canadian Central Bank President Mark Gorny that further reductions in interest rates would be achieved after a violent accept cuts in interest rates to follow in the footsteps of the bank, therefore, who led the federal interest rate to zero levels in an attempt to stimulate the economy, and this change is in the position of the Central Bank, which had previously insisted that the banking sector has a stick and not need to be violent cuts
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The re-testing of the Egyptian pound to break the level of the fracture pattern of the declining levels of technical and 1.4090 is expected to return to her husband to face the downward track the level of support at 1.3985 levels and indicators are determined to satisfy the sales operations, which could push the price to rise towards the top of the instantaneous face a maximum level of resistance opened trading at 1.4120 to the 1.4053 levels when the husband and the husband's record at the highest levels of 1.4088 and 1.3985 at the register and the lower levels of trading today between 1.3865 and 1.4120.
The Central Bank has installed Australia's interest rates at current levels without a change for the first time in seven months; to keep the Australian dollar holds the highest return among the major global economies, which support the levels of demand for high-yielding currencies, as a result of the declining U.S. dollar against a basket of currencies.
Australian bank to take to install enhanced the interest rate on the trade as investors return, which helped to support the euro, the pound sterling against the dollar, but the U.S. dollar continues to hold strong against the Japanese yen, the result of the relinquishment of the investors and the Japanese yen, falling to the single currency for the euro area and currency property.
While the Canadian Central Bank yesterday cut the rate by about 50 basis points, bringing the interest rate to 0.50%, after the Canadian economy shrank by the worst financial crisis since the Great Depression, which led to the deepening economic recession and then attempt the Bank of Canada to support the economy and facilitate credit operations.
It transpired yesterday that the Canadian economy shrank in December by 1.0%-to be the worst performance since 1982 and is more than the previous -0.7%, therefore the Canadian economy is the eighth largest worldwide have contracted in the fourth quarter at annual rate of -3.4% and is the largest annual contraction since 1991, while the economy grew by 0.9% in the third quarter.
And indicates that the Canadian Central Bank President Mark Gorny that further reductions in interest rates would be achieved after a violent accept cuts in interest rates to follow in the footsteps of the bank, therefore, who led the federal interest rate to zero levels in an attempt to stimulate the economy, and this change is in the position of the Central Bank, which had previously insisted that the banking sector has a stick and not need to be violent cuts
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Weekly Fundamantal Report2.03.2009
Warned the U.S. central bank (Federal Reserve) in the previous week, Bernanke Congress that unless the Government is pursuing appropriate policies, the recession experienced by the U.S. economy now has to continue in 2010.
But he also said that if the central bank and managed the administration of President Obama to restore a certain degree of financial stability, the year 2010 will be similar in the economy to recover.
Bernanke made these remarks to the Banking Commission of the Senate,
The official also warned that U.S. financial comprehensive nature of the current economic crisis is a serious threat to their influence on the movement of export.
U.S. President George W. Bush and Barack Obama in the past week to reduce by half the budget deficit he inherited from the former administration of President George W. Bush by 2013.
While the U.S. administration said that there was a need for a comprehensive restructuring to address the problems of the automotive sector in the United States.
The U.S. President Barack Obama on the pattern of the value of 75 billion dollars to help the long-awaited 9 million U.S. to repay mortgage loans.
The plan provides help to about five million Americans are about to stop payment on the mortgage loans due on them, in addition to the reduction of outstanding loans to about 4 million others and not to exceed 31% of the income of the borrower.
Obama stressed that the plan aims to help families who committed themselves to the rules set by the banks to borrow, do not include borrowers who have acted in an "irresponsible" as described
The GDP fell in Britain by 1.5 percent in the fourth quarter of 2008 after it had fallen 0.6 percent in the previous chapter.
This suggests that Britain will be in accordance with the standard has officially entered recession in the case due to the drop in the rate of economic growth for two consecutive days.
We are suffering from the financial crisis more severe and more impact on the real economy which would prove the fact that the last quarter of 2008 was the worst by the crisis, the euro zone, which affected more severely contracted separately in this quarter, and it is only just to prove the statements came within the European Central Bank in addition to the fact that the crisis had revealed the teeth to hit the levels of growth in the region.
In the euro area economies, which shrank considerably since 1995, the fourth was most severe in the recession, especially in the industrial economies, which were badly hit by the credit crisis, which flared up after the bankruptcy of Lehman Brothers, Bank of American, as a result of this damage reduced levels of demand and therefore reduce the volume of exports of these economies, prompting the companies to reduce costs through the demobilization of more employment in such harsh conditions.
The German economy largest economies of the region shrank dramatically to a rate of 2.1% is the largest contraction in nearly 20 years, and also the French economy shrank by 1.2%, an increase of contraction by 1.2% expected by the Central Bank of France, the French economy is not sliding into recession After a technical after he scored a low growth rate by 0.1% for the third quarter while the other major economies in recession sharply.
The economies of Europe to 27 countries extremely contracted by 1.5% in the fourth quarter, where GDP fell by 1.1%, but this slowdown which has occurred to these economies after the payment of the stability of the region, especially that these countries depend on exports and bilateral trade in milk, We find the impact on the British economy with an economy the size of the States of the European Union and only about 50%, thus the economy loses the only hope for royal support of its economy with the decline of exports other than the devaluation of property.
Germany approved a plan worth 50 billion Euros aimed at stimulating the economic system in the State with the largest economy in Europe.
The House of Representatives passed a German provincial governments, which represents the six years the plan.
The plan comes after an earlier plan and described the value of 23 billion Euros as a "very cautious".
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
But he also said that if the central bank and managed the administration of President Obama to restore a certain degree of financial stability, the year 2010 will be similar in the economy to recover.
Bernanke made these remarks to the Banking Commission of the Senate,
The official also warned that U.S. financial comprehensive nature of the current economic crisis is a serious threat to their influence on the movement of export.
U.S. President George W. Bush and Barack Obama in the past week to reduce by half the budget deficit he inherited from the former administration of President George W. Bush by 2013.
While the U.S. administration said that there was a need for a comprehensive restructuring to address the problems of the automotive sector in the United States.
The U.S. President Barack Obama on the pattern of the value of 75 billion dollars to help the long-awaited 9 million U.S. to repay mortgage loans.
The plan provides help to about five million Americans are about to stop payment on the mortgage loans due on them, in addition to the reduction of outstanding loans to about 4 million others and not to exceed 31% of the income of the borrower.
Obama stressed that the plan aims to help families who committed themselves to the rules set by the banks to borrow, do not include borrowers who have acted in an "irresponsible" as described
The GDP fell in Britain by 1.5 percent in the fourth quarter of 2008 after it had fallen 0.6 percent in the previous chapter.
This suggests that Britain will be in accordance with the standard has officially entered recession in the case due to the drop in the rate of economic growth for two consecutive days.
We are suffering from the financial crisis more severe and more impact on the real economy which would prove the fact that the last quarter of 2008 was the worst by the crisis, the euro zone, which affected more severely contracted separately in this quarter, and it is only just to prove the statements came within the European Central Bank in addition to the fact that the crisis had revealed the teeth to hit the levels of growth in the region.
In the euro area economies, which shrank considerably since 1995, the fourth was most severe in the recession, especially in the industrial economies, which were badly hit by the credit crisis, which flared up after the bankruptcy of Lehman Brothers, Bank of American, as a result of this damage reduced levels of demand and therefore reduce the volume of exports of these economies, prompting the companies to reduce costs through the demobilization of more employment in such harsh conditions.
The German economy largest economies of the region shrank dramatically to a rate of 2.1% is the largest contraction in nearly 20 years, and also the French economy shrank by 1.2%, an increase of contraction by 1.2% expected by the Central Bank of France, the French economy is not sliding into recession After a technical after he scored a low growth rate by 0.1% for the third quarter while the other major economies in recession sharply.
The economies of Europe to 27 countries extremely contracted by 1.5% in the fourth quarter, where GDP fell by 1.1%, but this slowdown which has occurred to these economies after the payment of the stability of the region, especially that these countries depend on exports and bilateral trade in milk, We find the impact on the British economy with an economy the size of the States of the European Union and only about 50%, thus the economy loses the only hope for royal support of its economy with the decline of exports other than the devaluation of property.
Germany approved a plan worth 50 billion Euros aimed at stimulating the economic system in the State with the largest economy in Europe.
The House of Representatives passed a German provincial governments, which represents the six years the plan.
The plan comes after an earlier plan and described the value of 23 billion Euros as a "very cautious".
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Monday, March 2, 2009
Friday, February 27, 2009
Special Report27.02.2009
The U.S. economy go into recession, this can be seen from the data that continue to survive in the largest economy in the world, making it difficult for investors to keep positive all the time because of fluctuations to the whole of the countries of the world, raising the suspicion of the success of government initiatives to support global financial markets and reduce of the losses incurred by companies around the world.
Turned out today to grant requests in the United States unexpectedly rose to the highest level ever again, with requests for durable goods continued to retract for the longest period since 1992 and for the sixth straight month, sales of new homes and turn down to the lowest levels all.
Grant requests for the week ending Feb. 21 rose to a value of 36 thousand to 667 thousand and the request is the highest since 1982 when the index began, while overall applications for individuals who receive a subsidy of 5.1 million arrived, as she was reading the previous request of $ 627 thousand, which was modified 631 to request, and that reading violated the expectations that predicted the number of applicants down to 625 subvention, and this increases the expectations of the high number .
Grant requests are ongoing for the week ending February 14 in the United States also increased the value of 114 to 5112 grant request and is the highest since 1983, and was expected to increase the number of grant requests to the 5024, while the previous reading had indicated that applications rose to 4987, but this reading had been amended to indicate that the number of applicants has been the value of 4998
The deep recession experienced by the sector to keep the economy is weak and not turn the U.S. economy further down in spite of all the initiatives by the U.S. GOVERNMENT and cutting down the interest rates to pump liquidity into the market, as the continuation of the lending system rigidity, high unemployment, which reduces the income and high incarceration bet on falling as well as the confidence the economy to keep demand for housing on the decline, despite the decline in the prices of houses, and so that the stability and activity to this sector, it would be difficult for the rest of the economy to recover.
Dollar made some gains on Thursday after data issued to it and such report may prompt the U.S. government to take further measures to save the economy and achieve stability, which would make him the first to recover from the recession that has plagued the countries of the world, and this approach goes to the stock of American rose in early trading today after a meeting of the optimism of investors to support government initiatives for the banking system.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Turned out today to grant requests in the United States unexpectedly rose to the highest level ever again, with requests for durable goods continued to retract for the longest period since 1992 and for the sixth straight month, sales of new homes and turn down to the lowest levels all.
Grant requests for the week ending Feb. 21 rose to a value of 36 thousand to 667 thousand and the request is the highest since 1982 when the index began, while overall applications for individuals who receive a subsidy of 5.1 million arrived, as she was reading the previous request of $ 627 thousand, which was modified 631 to request, and that reading violated the expectations that predicted the number of applicants down to 625 subvention, and this increases the expectations of the high number .
Grant requests are ongoing for the week ending February 14 in the United States also increased the value of 114 to 5112 grant request and is the highest since 1983, and was expected to increase the number of grant requests to the 5024, while the previous reading had indicated that applications rose to 4987, but this reading had been amended to indicate that the number of applicants has been the value of 4998
The deep recession experienced by the sector to keep the economy is weak and not turn the U.S. economy further down in spite of all the initiatives by the U.S. GOVERNMENT and cutting down the interest rates to pump liquidity into the market, as the continuation of the lending system rigidity, high unemployment, which reduces the income and high incarceration bet on falling as well as the confidence the economy to keep demand for housing on the decline, despite the decline in the prices of houses, and so that the stability and activity to this sector, it would be difficult for the rest of the economy to recover.
Dollar made some gains on Thursday after data issued to it and such report may prompt the U.S. government to take further measures to save the economy and achieve stability, which would make him the first to recover from the recession that has plagued the countries of the world, and this approach goes to the stock of American rose in early trading today after a meeting of the optimism of investors to support government initiatives for the banking system.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Thursday, February 26, 2009
Daily Fundamantal Report26.02.2009
Improvement in the U.S. dollar against a basket of currencies in the light of recent statements by Mr. Bernanke, the Federal Reserve Bank President who said that the U.S. economy will be recovered again if successful efforts by the government in supporting the economy and then the recession could end this year and in 2008 In the case of the failure of those efforts have been extended to 2010.
Also made the remarks today, the Japanese Minister of Finance to increase the downward pressure on the Japanese yen after Japan's economy shrank to its lowest level since 1974 and the minister made the remarks today to clarify the extent of the deficit of the balance of trade as a result of the low volume of exports by about 46.0% of the largest and pace in nearly two decades. This data helped the poor to pay the investors to abandon the Japanese yen as a safe haven to drop further against the dollar in three months.
The economic data released today and the largest economies within the European continent where the German economy on the actual reading of the index of the GFK consumer confidence, which was 2.6 higher than the value of the expectations that the value was 2.0 and the previous reading of 2.2, which was overtaking the present value of market expectations and analysts, and may This is an improvement in confidence levels, but mostly this will be a temporary situation as the German economic situation is still great confusion and vulnerability.
On the other hand, a sign of the Nationwide house prices in the United Kingdom, where the actual reading of third-seasonally adjusted (N. M. M.) Low value of 17.6% less than the expectations were low value of 17.1% and the previous reading, which was valued at 16.7%, and This suggests that the economic conditions in the United Kingdom and the sharp deterioration suffered by the domestic sector in the country has to pay owners to lower the prices of houses for sale in order to attract buyers and investors.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Also made the remarks today, the Japanese Minister of Finance to increase the downward pressure on the Japanese yen after Japan's economy shrank to its lowest level since 1974 and the minister made the remarks today to clarify the extent of the deficit of the balance of trade as a result of the low volume of exports by about 46.0% of the largest and pace in nearly two decades. This data helped the poor to pay the investors to abandon the Japanese yen as a safe haven to drop further against the dollar in three months.
The economic data released today and the largest economies within the European continent where the German economy on the actual reading of the index of the GFK consumer confidence, which was 2.6 higher than the value of the expectations that the value was 2.0 and the previous reading of 2.2, which was overtaking the present value of market expectations and analysts, and may This is an improvement in confidence levels, but mostly this will be a temporary situation as the German economic situation is still great confusion and vulnerability.
On the other hand, a sign of the Nationwide house prices in the United Kingdom, where the actual reading of third-seasonally adjusted (N. M. M.) Low value of 17.6% less than the expectations were low value of 17.1% and the previous reading, which was valued at 16.7%, and This suggests that the economic conditions in the United Kingdom and the sharp deterioration suffered by the domestic sector in the country has to pay owners to lower the prices of houses for sale in order to attract buyers and investors.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Wednesday, February 25, 2009
Tuesday, February 24, 2009
Special Report 24.20.2009
European shares hit their lowest level in six years when the markets closed Monday with a retreat by the banks, reports that a U.S. financial titan Citigroup is in talks to give Washington a greater share, while shares of auto companies came under pressure due to the continued decline of the greatest fears of the application.
The FTS Euro first 300 index of top European shares was 0.7% of its value to close at 730.73 points. The index decreased by 12% from the beginning of this year after falling 45% in 2008.
Several banks to decline sharply with the decline in shares of UPS 9%, Deutsche Bank, more than 5% and 12% Dexia.
In the automotive sector were shares of auto companies, the largest decline in trading today, wiping up the BMW and DaimlerChrysler and Porsche, Volkswagen, Peugeot, Renault and mortality between 3.8% and 10%.
Across Europe, the main DAX index ended at the Frankfurt Stock Exchange in Germany on Monday trading at 3936.45 points, down on the level of four thousand points for the first time in four years.
The index fell 100 British Financial Times on the London Stock Exchange by 0.8%. While the CAC 40 index fell in the Paris Bourse was up 0.5%
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The FTS Euro first 300 index of top European shares was 0.7% of its value to close at 730.73 points. The index decreased by 12% from the beginning of this year after falling 45% in 2008.
Several banks to decline sharply with the decline in shares of UPS 9%, Deutsche Bank, more than 5% and 12% Dexia.
In the automotive sector were shares of auto companies, the largest decline in trading today, wiping up the BMW and DaimlerChrysler and Porsche, Volkswagen, Peugeot, Renault and mortality between 3.8% and 10%.
Across Europe, the main DAX index ended at the Frankfurt Stock Exchange in Germany on Monday trading at 3936.45 points, down on the level of four thousand points for the first time in four years.
The index fell 100 British Financial Times on the London Stock Exchange by 0.8%. While the CAC 40 index fell in the Paris Bourse was up 0.5%
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Daily Fundamntal Report24.02.2009
After that we saw yesterday, the U.S. dollar's weakness against major currencies due to the pessimistic expectations that the economy works through the morning, the dollar managed to rise followed by each of the euro and the yen, according to the engine, which was directed technical currencies yesterday, and today we find a wave of trade return control of the new markets of major currencies to push towards the top at the expense of the Japanese yen
Rose pair euro / dollar today to complete his bottom, which had begun with the end of last week, and we find that the technical indicators at the moment and the day-to-day and still support the progressive movement in spite of EUR/USD approaching a steady pace towards the saturated procurement level daily. Today, the market very quiet with the absence of economic data for most of today's superpower economies, so we expect it to be a quiet trading day, and often the EUR/USD will be the formation of a side-trades during the period from transactions. The EUR/USD would be the goal of the first upward today in a state to continue towards the 1.3000 level at the top while in the case of the gradient will be the goal of the first pair at the 1.2690 level. The EUR/USD the highest so far at the level of 1.2947 and a minimum level at 1.2777.
Rose sterling / dollar today, which is also supported by a weak U.S. dollar and has driven investors to demand for other major currencies today, and had begun the day after a sterling progressive inability to penetrate the 1.4350 level to the bottom, which support a great deal of momentum to the upward rise to this as strong . Despite these strong upward movement that we expect will soon enter the pound within the trading side of the wave and from this perspective will be aimed upward at the next level would be 1.4670 while the objective in the case of the downward trend towards the bottom at the 1.4350 level, which was unable to breakthrough in the past.
Descended dollar / yen today, supported by a very weak dollar, which hit on Saturday, according to the analysis of the fundamental believe that while technical indicators are also supporting this movement down the yen, after the presence of saturated operations within the area of procurement at the day-to-day and moment. We expect that it would continue downward movement long as it is often able to penetrate the strong level of support at 92.70 and due to the absence of economic data today on the low levels of trading markets expect that the yen is also a side to the trades during the coming period, the downward tendency of some trades. Would be aimed downward in the case of being able to penetrate the 92.70 level, while at the level of 91.50 will not be able to increase the level of resistance at 94.20 92.74.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Rose pair euro / dollar today to complete his bottom, which had begun with the end of last week, and we find that the technical indicators at the moment and the day-to-day and still support the progressive movement in spite of EUR/USD approaching a steady pace towards the saturated procurement level daily. Today, the market very quiet with the absence of economic data for most of today's superpower economies, so we expect it to be a quiet trading day, and often the EUR/USD will be the formation of a side-trades during the period from transactions. The EUR/USD would be the goal of the first upward today in a state to continue towards the 1.3000 level at the top while in the case of the gradient will be the goal of the first pair at the 1.2690 level. The EUR/USD the highest so far at the level of 1.2947 and a minimum level at 1.2777.
Rose sterling / dollar today, which is also supported by a weak U.S. dollar and has driven investors to demand for other major currencies today, and had begun the day after a sterling progressive inability to penetrate the 1.4350 level to the bottom, which support a great deal of momentum to the upward rise to this as strong . Despite these strong upward movement that we expect will soon enter the pound within the trading side of the wave and from this perspective will be aimed upward at the next level would be 1.4670 while the objective in the case of the downward trend towards the bottom at the 1.4350 level, which was unable to breakthrough in the past.
Descended dollar / yen today, supported by a very weak dollar, which hit on Saturday, according to the analysis of the fundamental believe that while technical indicators are also supporting this movement down the yen, after the presence of saturated operations within the area of procurement at the day-to-day and moment. We expect that it would continue downward movement long as it is often able to penetrate the strong level of support at 92.70 and due to the absence of economic data today on the low levels of trading markets expect that the yen is also a side to the trades during the coming period, the downward tendency of some trades. Would be aimed downward in the case of being able to penetrate the 92.70 level, while at the level of 91.50 will not be able to increase the level of resistance at 94.20 92.74.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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Monday, February 23, 2009
Dialy Fundamantal Report 23.02.2009
Control of an aura of calm day on the Great economies around the world where the economic agenda today, free of any data that would be able to move the markets, and according to economic data we expect it to be very quiet this week, in contrast to the past weeks of economic and data bus, which was important and dynamics of the markets, and show that these economies have been surrendered to the superpower's economic recession deepened in it at this time without the presence of a glimmer of hope that ultimately refers to the close
Expectations surrounding the U.S. economy suggest that the recent economic recession experienced by the current United States of America may be the worst in more than 30 years since the sharp deterioration in the levels of consumer confidence and reluctance on the expenditure due to the rise in unemployment levels have led to an alarming erosion of all the positive effects of all financial plans and standards adopted by the U.S. government to help its economy, the murdered, and although the U.S. government has finally agreed to pass the recovery plan of America of Mr. Barack Obama, which many expected to be the last hope for the U.S. economy out of the current impasse We find that economic conditions in the European region did not differ at all from the U.S. economy but on the contrary, they are the most deteriorated and that suffer from major economies within the European region of the defect and severe economic decline, without any positive signs, and in contrast to the U.S. economy, which is expected to begin recovery of its own with the end of last year, we find that the European region will remain confined within the economic recession at the end of this year and early next year
The main reason for the time being for the continued economic decline in all parts of the world is the lack of consumer and investor confidence in the current situation which leads them to want to constantly spending within or outside the country, and governments must restore the confidence lost to this world again if the actually wants to resolve the current crisis is exacerbated by the recent alarming.
Finally, we find that the American stock indexes have suffered severely during the closing on Friday the result of the deterioration in the financial sector, especially the Bank of Citigroup Inc after the high expectations on the government to buy a new part of the bank's shares to help it overcome its present plight, and had fallen value of the bank's shares by 22%.
Conclusion
The main reason for the time being for the continued economic decline in all parts of the world is the lack of consumer and investor confidence in the current situation which leads them to want to constantly spending within or outside the country, and governments must restore the confidence lost to this world again if the actually wants to resolve the current crisis is exacerbated by the recent alarming
Expectations surrounding the U.S. economy suggest that the recent economic recession experienced by the current United States of America may be the worst in more than 30 years since the sharp deterioration in the levels of consumer confidence and reluctance on the expenditure due to the rise in unemployment levels have led to an alarming erosion of all the positive effects of all financial plans and standards adopted by the U.S. government to help its economy, the murdered, and although the U.S. government has finally agreed to pass the recovery plan of America of Mr. Barack Obama, which many expected to be the last hope for the U.S. economy out of the current impasse We find that economic conditions in the European region did not differ at all from the U.S. economy but on the contrary, they are the most deteriorated and that suffer from major economies within the European region of the defect and severe economic decline, without any positive signs, and in contrast to the U.S. economy, which is expected to begin recovery of its own with the end of last year, we find that the European region will remain confined within the economic recession at the end of this year and early next year
The main reason for the time being for the continued economic decline in all parts of the world is the lack of consumer and investor confidence in the current situation which leads them to want to constantly spending within or outside the country, and governments must restore the confidence lost to this world again if the actually wants to resolve the current crisis is exacerbated by the recent alarming.
Finally, we find that the American stock indexes have suffered severely during the closing on Friday the result of the deterioration in the financial sector, especially the Bank of Citigroup Inc after the high expectations on the government to buy a new part of the bank's shares to help it overcome its present plight, and had fallen value of the bank's shares by 22%.
Conclusion
The main reason for the time being for the continued economic decline in all parts of the world is the lack of consumer and investor confidence in the current situation which leads them to want to constantly spending within or outside the country, and governments must restore the confidence lost to this world again if the actually wants to resolve the current crisis is exacerbated by the recent alarming
Weekly Fundamantal Report 23.02.2009
In the previous week, the dollar at the levels achieved prior to the end of his financial rescue plan approved by the government of President Barack Obama, but with the end of the week the dollar fell because of the uncertainty around the U.S. rescue plan, while the record showed Federal Committee meeting the previous week, the extent of the deterioration of the situation economic in the United States and trace the extent of pessimism in the future for the U.S. economy.
While U.S. stocks fell to their lowest levels since the end of the week with shares of Citigroup fell more than 22% and Bank of America shares ended trading to the lowest level since 1984, due to the absence of an encouraging future for the U.S. economy and Dow industrial stocks fell 1.34% to close at 7461 and closed S & P index to 770.05 after it fell 1.14% at the end of the week while the Nasdaq Composite Index fell 0.11% to close at 1441.23 recently.
The yellow gold has achieved the highest price at U.S. $ 1000.30 at the end of the previous week, due to investor interest in gold as a safe haven in the market, while the euro was not able to continue to decline in the previous week, causing a corrective movement, where the wave pushed him reluctant to return to the high trade again.
As per the case of the euro was better than the dollar after the comments came from the German economy runs a sort of a glimmer of hope to investors, where the remarks to refer to the great action in a bid to boost the economy and alleviate the period of economic stagnation, while the pound sterling has taken an upward movement after the saturation in sales to rise to the level of 1.4485 at the end of trading for the previous week.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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While U.S. stocks fell to their lowest levels since the end of the week with shares of Citigroup fell more than 22% and Bank of America shares ended trading to the lowest level since 1984, due to the absence of an encouraging future for the U.S. economy and Dow industrial stocks fell 1.34% to close at 7461 and closed S & P index to 770.05 after it fell 1.14% at the end of the week while the Nasdaq Composite Index fell 0.11% to close at 1441.23 recently.
The yellow gold has achieved the highest price at U.S. $ 1000.30 at the end of the previous week, due to investor interest in gold as a safe haven in the market, while the euro was not able to continue to decline in the previous week, causing a corrective movement, where the wave pushed him reluctant to return to the high trade again.
As per the case of the euro was better than the dollar after the comments came from the German economy runs a sort of a glimmer of hope to investors, where the remarks to refer to the great action in a bid to boost the economy and alleviate the period of economic stagnation, while the pound sterling has taken an upward movement after the saturation in sales to rise to the level of 1.4485 at the end of trading for the previous week.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Friday, February 20, 2009
Thursday, February 19, 2009
Special Report19.2.2009
President Barack Obama on the U.S. plan to pump $ 75 billion in the ailing housing market to help millions of Americans who are affected by the mortgage crisis to remain in their homes.
The plan aims to control the crisis of the ownership of banks to their homes because of failure to pay real estate loans
The U.S. faced a million home-owners of the banks brought the issues of last year, and may increase this number to 10 million in the coming years in the event of continuing economic stagnation according to a Swiss bank Credit Suisse,
Obama said in a speech prepared for delivery at the state of Arizona has been published in advance that the plan include pumping 75 billion dollars in the housing sector to assist the nine million Americans stay in their homes
Arizona, Obama has chosen to announce the plan because it is one of the most crisis-hit U.S. housing.
The larger-than-expected plan, which aims to help borrowers whose debts amount to more than the real value of their homes now, and to assist homeowners who are facing the possibility of restoring the banks owning their homes because they have failed to pay real estate debt.
The initiative will help the five million homeowners to pay their loans in addition to giving real incentives to banks to help four million more homeowners at risk of re-possession of their. homes, banks
Obama said during the signing in Denver, Colorado on Tuesday to spur an economic plan approved by Congress last week of 787 billion dollars must be to prevent an aggravation of the crisis in the possession of banks and the decline in house prices of houses and do everything possible to keep homeowners in their homes
The housing crisis in the United States in the heart of the financial crisis and credit beyond the limits of the United States to hit the economies of the world.
And stresses the housing crisis, exacerbated by new figures released by the Commerce Department reported Wednesday that the rate of building houses and building new housing fell last month by 16.8% compared to the previous month to 466 thousand units compared with 530 thousand in the previous forecasts of analysts.
The figures also showed that the number of applications for building, which is a measure of future construction activity also declined by 4.8% to 521 thousand units, a slightly lower than analyst expectations.
The number of new housing in 2008 to 906,200 units, the lowest since 1991, compared with 1.36 million in 2007 .
These figures suggest that the continuing weakness of the housing sector in the United States, under the worst economic crisis since the Second World War.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The plan aims to control the crisis of the ownership of banks to their homes because of failure to pay real estate loans
The U.S. faced a million home-owners of the banks brought the issues of last year, and may increase this number to 10 million in the coming years in the event of continuing economic stagnation according to a Swiss bank Credit Suisse,
Obama said in a speech prepared for delivery at the state of Arizona has been published in advance that the plan include pumping 75 billion dollars in the housing sector to assist the nine million Americans stay in their homes
Arizona, Obama has chosen to announce the plan because it is one of the most crisis-hit U.S. housing.
The larger-than-expected plan, which aims to help borrowers whose debts amount to more than the real value of their homes now, and to assist homeowners who are facing the possibility of restoring the banks owning their homes because they have failed to pay real estate debt.
The initiative will help the five million homeowners to pay their loans in addition to giving real incentives to banks to help four million more homeowners at risk of re-possession of their. homes, banks
Obama said during the signing in Denver, Colorado on Tuesday to spur an economic plan approved by Congress last week of 787 billion dollars must be to prevent an aggravation of the crisis in the possession of banks and the decline in house prices of houses and do everything possible to keep homeowners in their homes
The housing crisis in the United States in the heart of the financial crisis and credit beyond the limits of the United States to hit the economies of the world.
And stresses the housing crisis, exacerbated by new figures released by the Commerce Department reported Wednesday that the rate of building houses and building new housing fell last month by 16.8% compared to the previous month to 466 thousand units compared with 530 thousand in the previous forecasts of analysts.
The figures also showed that the number of applications for building, which is a measure of future construction activity also declined by 4.8% to 521 thousand units, a slightly lower than analyst expectations.
The number of new housing in 2008 to 906,200 units, the lowest since 1991, compared with 1.36 million in 2007 .
These figures suggest that the continuing weakness of the housing sector in the United States, under the worst economic crisis since the Second World War.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Special Report19.2.2009
President Barack Obama on the U.S. plan to pump $ 75 billion in the ailing housing market to help millions of Americans who are affected by the mortgage crisis to remain in their homes.
The plan aims to control the crisis of the ownership of banks to their homes because of failure to pay real estate loans
The U.S. faced a million home-owners of the banks brought the issues of last year, and may increase this number to 10 million in the coming years in the event of continuing economic stagnation according to a Swiss bank Credit Suisse,
Obama said in a speech prepared for delivery at the state of Arizona has been published in advance that the plan include pumping 75 billion dollars in the housing sector to assist the nine million Americans stay in their homes
Arizona, Obama has chosen to announce the plan because it is one of the most crisis-hit U.S. housing.
The larger-than-expected plan, which aims to help borrowers whose debts amount to more than the real value of their homes now, and to assist homeowners who are facing the possibility of restoring the banks owning their homes because they have failed to pay real estate debt.
The initiative will help the five million homeowners to pay their loans in addition to giving real incentives to banks to help four million more homeowners at risk of re-possession of their. homes, banks
Obama said during the signing in Denver, Colorado on Tuesday to spur an economic plan approved by Congress last week of 787 billion dollars must be to prevent an aggravation of the crisis in the possession of banks and the decline in house prices of houses and do everything possible to keep homeowners in their homes
The housing crisis in the United States in the heart of the financial crisis and credit beyond the limits of the United States to hit the economies of the world.
And stresses the housing crisis, exacerbated by new figures released by the Commerce Department reported Wednesday that the rate of building houses and building new housing fell last month by 16.8% compared to the previous month to 466 thousand units compared with 530 thousand in the previous forecasts of analysts.
The figures also showed that the number of applications for building, which is a measure of future construction activity also declined by 4.8% to 521 thousand units, a slightly lower than analyst expectations.
The number of new housing in 2008 to 906,200 units, the lowest since 1991, compared with 1.36 million in 2007 .
These figures suggest that the continuing weakness of the housing sector in the United States, under the worst economic crisis since the Second World War.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The plan aims to control the crisis of the ownership of banks to their homes because of failure to pay real estate loans
The U.S. faced a million home-owners of the banks brought the issues of last year, and may increase this number to 10 million in the coming years in the event of continuing economic stagnation according to a Swiss bank Credit Suisse,
Obama said in a speech prepared for delivery at the state of Arizona has been published in advance that the plan include pumping 75 billion dollars in the housing sector to assist the nine million Americans stay in their homes
Arizona, Obama has chosen to announce the plan because it is one of the most crisis-hit U.S. housing.
The larger-than-expected plan, which aims to help borrowers whose debts amount to more than the real value of their homes now, and to assist homeowners who are facing the possibility of restoring the banks owning their homes because they have failed to pay real estate debt.
The initiative will help the five million homeowners to pay their loans in addition to giving real incentives to banks to help four million more homeowners at risk of re-possession of their. homes, banks
Obama said during the signing in Denver, Colorado on Tuesday to spur an economic plan approved by Congress last week of 787 billion dollars must be to prevent an aggravation of the crisis in the possession of banks and the decline in house prices of houses and do everything possible to keep homeowners in their homes
The housing crisis in the United States in the heart of the financial crisis and credit beyond the limits of the United States to hit the economies of the world.
And stresses the housing crisis, exacerbated by new figures released by the Commerce Department reported Wednesday that the rate of building houses and building new housing fell last month by 16.8% compared to the previous month to 466 thousand units compared with 530 thousand in the previous forecasts of analysts.
The figures also showed that the number of applications for building, which is a measure of future construction activity also declined by 4.8% to 521 thousand units, a slightly lower than analyst expectations.
The number of new housing in 2008 to 906,200 units, the lowest since 1991, compared with 1.36 million in 2007 .
These figures suggest that the continuing weakness of the housing sector in the United States, under the worst economic crisis since the Second World War.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Daily Fundamantal Report 19.2.2009
Federal Reserve Bank issued the day the record of the meeting of the Federal Open final, which the Committee of which he installed in the region of interest rates between 0.25% and zero%, which they nicknamed the target area, and the bank said on announcing the stabilization of interest rates it provides for the purchase of the same long-term treasury bonds to support the lending and the U.S. economy. At the same time, the expectations of the Bank continues to indicate that the recovery in the U.S. economy will gradually later this year, but risks remain high downward largely on the outlook for economic growth
Expectations of the Committee to indicate that economic conditions will deteriorate further this year before returning to the top again, and has become expected that the U.S. economy will shrink this year between 0.5% and 1.3% before starting to recover again in 2010, which prospects are related indicates that the growth will range during the year between 2.5% and 3.3%. It is also expected to have high levels of unemployment during the current year to reach between 8.5% and 8.8% before it starts again in moderation
This was announced by Mr. Barak Obama on the program is estimated at $ 75.0 billion includes the deduction of mortgage payments to homeowners defaulting and the program is working to reduce the incidence of the seizure of the house by giving
Freddie Mac and Fannie Mae play a greater role for the companies than ever before
And we have Mr. Bernanke from Federal Reserve chairman, with clearer outlook on the levels of inflation in the long term will enable policy makers Committee Federal Open the control and control of the expectations of citizens and investors for inflation and therefore be able to squint from rising and declining levels of inflation Actual
The European economy is the absence of economic stability and it is already the economic data that have emerged today indicate that the European economy has already become a threat from the effects of internal. But what makes me optimistic is little data on the European banks, including the results better than expectations, which makes the situation in the European economy is now well, to some extent if the measurement has been the impact of the housing market and the stagnation of European enterprises on the economy by launching himself from the credit crisis at home. Perhaps this discussion was premature to follow the performance of the European housing market and economic trends and link the credit crisis, but it does not need to put this option in mind also that we learned in the international credit crisis is only the evolution of the stagnation of the U.S. housing market.
Very little information today, and continue our journey with the European economy and in the wait for further economic data that may change the course of the economy at any moment some improvement or to continue to point to the weakness of the European economy as it is now.
And direction to the currency market, the euro had opened the day at $ 1.2536 level and then took the upward trend, trying to penetrate the resistance level of $ 1.2641
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Expectations of the Committee to indicate that economic conditions will deteriorate further this year before returning to the top again, and has become expected that the U.S. economy will shrink this year between 0.5% and 1.3% before starting to recover again in 2010, which prospects are related indicates that the growth will range during the year between 2.5% and 3.3%. It is also expected to have high levels of unemployment during the current year to reach between 8.5% and 8.8% before it starts again in moderation
This was announced by Mr. Barak Obama on the program is estimated at $ 75.0 billion includes the deduction of mortgage payments to homeowners defaulting and the program is working to reduce the incidence of the seizure of the house by giving
Freddie Mac and Fannie Mae play a greater role for the companies than ever before
And we have Mr. Bernanke from Federal Reserve chairman, with clearer outlook on the levels of inflation in the long term will enable policy makers Committee Federal Open the control and control of the expectations of citizens and investors for inflation and therefore be able to squint from rising and declining levels of inflation Actual
The European economy is the absence of economic stability and it is already the economic data that have emerged today indicate that the European economy has already become a threat from the effects of internal. But what makes me optimistic is little data on the European banks, including the results better than expectations, which makes the situation in the European economy is now well, to some extent if the measurement has been the impact of the housing market and the stagnation of European enterprises on the economy by launching himself from the credit crisis at home. Perhaps this discussion was premature to follow the performance of the European housing market and economic trends and link the credit crisis, but it does not need to put this option in mind also that we learned in the international credit crisis is only the evolution of the stagnation of the U.S. housing market.
Very little information today, and continue our journey with the European economy and in the wait for further economic data that may change the course of the economy at any moment some improvement or to continue to point to the weakness of the European economy as it is now.
And direction to the currency market, the euro had opened the day at $ 1.2536 level and then took the upward trend, trying to penetrate the resistance level of $ 1.2641
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Wednesday, February 18, 2009
Daily Fundaamantal Report18.2.2009
We have started this week in a halo of fear seized investors on heightened recession in the world's major economies, in addition to the deepening economic recession has led to an increase in cases of bankruptcy of the banks in the United States for up to 13 bank since the start of this year, this is compounded by the investor concerns about the increased number compared with the number of bankruptcies in the banking sector by about 25 U.S. Bank in 2008.
The U.S. dollar moved upward against a basket of major currencies, the highest level not seen since the ten weeks, with the greatest impact is the reluctance of investors to trade in return as well as improved cash flow indicator in the U.S. economy, which was more than expected, prompting the major currencies others, such as the euro and the pound sterling towards the gradient.
The euro was opened today at the $ 1.2628 level and then went to the descend to the lowest level since 10 weeks but it took a lateral direction, a tendency towards decline since the data yesterday, targeting the $ 1.2528 level of support that, under pressure from falling due to the high value of the U.S. dollar significantly , and it has achieved the highest so far at $ 1.2799, while the minimum is achieved at the time of writing at a level of $ 1.2578.
descended the euro / dollar down sharply to achieve the minimum level for more than 10 weeks, due to the increase of fear in the European region on the worsening economic conditions than expected in the past where the bad data and indicators in the formulation of this pessimistic picture of the economy, and we find that the husband was not able to do to close the gap formed by trading so far, which is expected to take some time, the husband to be able to shut down. Disposed towards the area of trading today and will be below the level of resistance at the 1.2960 levels and support at the 1.2415 area. The husband has the highest so far at the level of 1.2799 and a minimum level at 1.2624.
As for ownership of the coin, which turned downward for the second day in a row had been opened the day at $ 1.4248 level and then tended to decline at about the level of support is now $ 1.4220 and rebounded once again rising, however, they failed to penetrate the resistance level of $ 1.4315 and then declined again increased again after the strong U.S. dollar against the pound sterling. Achieved the highest so far at $ 1.4291, while the minimum is achieved at the level of $ 1.4310.
Reap the pair dollar / yen strength today to make at the expense of the yen today for the third consecutive day and see that this movement was the progressive movement as inevitable that this upward trend is the direction of a very technical, and at the present time, we find that the husband was unable to penetrate the resistance level at 92.70 a result of the lack of momentum at the moment with the low level of trading, it is expected to decline slightly, we find a husband within the corrective movement which combines the upward momentum necessary to penetrate the resistance level mentioned, but in the case of the inability of the husband of the husband may see a fall in Transactions of the lower side of this level to try to break. Zone will be the day for trades between the level of the husband's resistance at the 94.50 level and support at the 89.80. The husband has the highest so far at the level of 92.74 and a minimum level of 91.65.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
The U.S. dollar moved upward against a basket of major currencies, the highest level not seen since the ten weeks, with the greatest impact is the reluctance of investors to trade in return as well as improved cash flow indicator in the U.S. economy, which was more than expected, prompting the major currencies others, such as the euro and the pound sterling towards the gradient.
The euro was opened today at the $ 1.2628 level and then went to the descend to the lowest level since 10 weeks but it took a lateral direction, a tendency towards decline since the data yesterday, targeting the $ 1.2528 level of support that, under pressure from falling due to the high value of the U.S. dollar significantly , and it has achieved the highest so far at $ 1.2799, while the minimum is achieved at the time of writing at a level of $ 1.2578.
descended the euro / dollar down sharply to achieve the minimum level for more than 10 weeks, due to the increase of fear in the European region on the worsening economic conditions than expected in the past where the bad data and indicators in the formulation of this pessimistic picture of the economy, and we find that the husband was not able to do to close the gap formed by trading so far, which is expected to take some time, the husband to be able to shut down. Disposed towards the area of trading today and will be below the level of resistance at the 1.2960 levels and support at the 1.2415 area. The husband has the highest so far at the level of 1.2799 and a minimum level at 1.2624.
As for ownership of the coin, which turned downward for the second day in a row had been opened the day at $ 1.4248 level and then tended to decline at about the level of support is now $ 1.4220 and rebounded once again rising, however, they failed to penetrate the resistance level of $ 1.4315 and then declined again increased again after the strong U.S. dollar against the pound sterling. Achieved the highest so far at $ 1.4291, while the minimum is achieved at the level of $ 1.4310.
Reap the pair dollar / yen strength today to make at the expense of the yen today for the third consecutive day and see that this movement was the progressive movement as inevitable that this upward trend is the direction of a very technical, and at the present time, we find that the husband was unable to penetrate the resistance level at 92.70 a result of the lack of momentum at the moment with the low level of trading, it is expected to decline slightly, we find a husband within the corrective movement which combines the upward momentum necessary to penetrate the resistance level mentioned, but in the case of the inability of the husband of the husband may see a fall in Transactions of the lower side of this level to try to break. Zone will be the day for trades between the level of the husband's resistance at the 94.50 level and support at the 89.80. The husband has the highest so far at the level of 92.74 and a minimum level of 91.65.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
Special Report 18.2.2009
corporate bonds, where the purchase was worth 41 billion dollars, after waves of selling five-months.
China is the largest investor in U.S. Treasury bonds with a total investment of 696.2 billion dollars to up to the end of last year, while investment reached 578.3 billion to Japan and Britain to the U.S. $ 355 billion dollars.
Said Kathy Lien Director of Research Institute for Global Currency Trading Currency the high price of the dollar against other currencies, which began in December last was due to increased demand for the dollar by foreign investors.
Lien said that despite the economic difficulties faced by China, they contribute to the financing of the U.S. Treasury.
It is noteworthy that China has 1.9 trillion dollars of foreign exchange reserve is the largest in the world.
The United States trade deficit with China in 2008 to 266.3 billion dollars
China is the largest investor in U.S. Treasury bonds with a total investment of 696.2 billion dollars to up to the end of last year, while investment reached 578.3 billion to Japan and Britain to the U.S. $ 355 billion dollars.
Said Kathy Lien Director of Research Institute for Global Currency Trading Currency the high price of the dollar against other currencies, which began in December last was due to increased demand for the dollar by foreign investors.
Lien said that despite the economic difficulties faced by China, they contribute to the financing of the U.S. Treasury.
It is noteworthy that China has 1.9 trillion dollars of foreign exchange reserve is the largest in the world.
The United States trade deficit with China in 2008 to 266.3 billion dollars
Tuesday, February 17, 2009
Daily Fundamantal Report 17.2.2009
The euro was down at the start of trading today to its lowest level for almost two months of his statement from Moody's credit rating, which reduced the credit rating of a number of banks in Eastern Europe and this has added to the confusion that is raging in the European banking system, but returned after the data associated with the European ZEW indicator of economic confidence in the month of February, which improved to -8.7 percent compared to -30.8 and reduced the deficit in the trade balance for the month of December at a rate of -0.7% versus -7.0% and the improvement of the ZEW indicator of economic confidence in the month of February in Germany up to -5.8 compared to -31.0.
According to data from the European economy to improve confidence in the economy which would have positive effects on consumption and expenditure rates, which in turn will support the production cycle of the European companies will reduce rates and the demobilization of staff to improve the levels of sales.
Opened on the euro trading at 1.2800 levels and is parallel to the top, where it decreased to the lowest levels on record, and 1.2601 is expected to be back to face the highest level of resistance at 1.2685, as long as stable over the levels of support at 1.2605.
Increased sterling trades in the day after the economic data relating to the improvement in retail sales price index for the month of January to reach a rate of -1.3% compared to the previous reading at -1.4% and the consumer price index down for the month of January to record a decrease of 0.7% compared to low-literacy previous 0.4-% and this reading is better than expectations.
These data indicate improved levels of expenditure associated with improvement in the high level of wages that have the potential to reduce the impact of economic recession in the United Kingdom and this relieved the pressure on the British government to find appropriate solutions to revive the economy collapsed.
Transactions on the GBP/USD was called to order at 1.9297 levels and increased slightly at the highest levels on record and then fell to 1.4311 marks at the lower levels of 1.4125 and is expected to complete the course to face the declining level of support at 1.4240 with the possibility that the correct movement of the top face of the resistance level at 1.4305.
The U.S. dollar fell against the yen after comments by Japanese Finance Minister that he would resign from his post after the passage of budget bills for the national parliament and the decision to resign came after the martyrs in a press conference subsequent to the Group of Seven meeting in Rome.
Transactions of the USD/JPY was called to order at levels of 91.71 and rose to record levels of 92.75 at the top, then returned and dropped to the lowest levels recorded 91.57 and is expected to complete the course of the highest and is now deliberating between the level of support at the 91.40 level and resistance at 92.05.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
According to data from the European economy to improve confidence in the economy which would have positive effects on consumption and expenditure rates, which in turn will support the production cycle of the European companies will reduce rates and the demobilization of staff to improve the levels of sales.
Opened on the euro trading at 1.2800 levels and is parallel to the top, where it decreased to the lowest levels on record, and 1.2601 is expected to be back to face the highest level of resistance at 1.2685, as long as stable over the levels of support at 1.2605.
Increased sterling trades in the day after the economic data relating to the improvement in retail sales price index for the month of January to reach a rate of -1.3% compared to the previous reading at -1.4% and the consumer price index down for the month of January to record a decrease of 0.7% compared to low-literacy previous 0.4-% and this reading is better than expectations.
These data indicate improved levels of expenditure associated with improvement in the high level of wages that have the potential to reduce the impact of economic recession in the United Kingdom and this relieved the pressure on the British government to find appropriate solutions to revive the economy collapsed.
Transactions on the GBP/USD was called to order at 1.9297 levels and increased slightly at the highest levels on record and then fell to 1.4311 marks at the lower levels of 1.4125 and is expected to complete the course to face the declining level of support at 1.4240 with the possibility that the correct movement of the top face of the resistance level at 1.4305.
The U.S. dollar fell against the yen after comments by Japanese Finance Minister that he would resign from his post after the passage of budget bills for the national parliament and the decision to resign came after the martyrs in a press conference subsequent to the Group of Seven meeting in Rome.
Transactions of the USD/JPY was called to order at levels of 91.71 and rose to record levels of 92.75 at the top, then returned and dropped to the lowest levels recorded 91.57 and is expected to complete the course of the highest and is now deliberating between the level of support at the 91.40 level and resistance at 92.05.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
Copyright©Fienex Group LLC2009
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