All Blog Entries

Biggest % gainers: USD/CAD up 0.91%, USD/CHF on USD strength.

Biggest % losers: here's where the momentum is at (to the down side) AUD/JPY down 1.96%, GBP/JPY down 1.74%, CHF/JPY down 1.52%, EUR/JPY down 1.45%, on some serious JPY strength.

Japan’s sovereign credit rating outlook was lowered (cut to "negative") by Standard and Poor’s on concern Prime Minister Yukio Hatoyama’s administration lacks a plan to rein in the world’s largest debt load.

Annual "World Economic Forum" starts on Wednesday and goes through the weekend.

The World Economic Forum annual meetings are held in Davos and attended by central bankers, prime ministers, finance ministers, trade ministers, ...

[b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.4075
[b]Stop[/b]: 1.411
[b]Resistances[/b]: 1.4195 - 1.413 - 1.411
[b]Supports[/b]: 1.1025 - 1.405 - 1.4065

[b][img]http://www.mataf.net/images/_V3img/fleches/up_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/usdchf"]USD/CHF - US Dollar / Swiss Franc[/url][/b]
[b]Entry[/b]: 1.046
[b]Stop[/b]: 1.044
[b]Resistances[/b]: 1.06 - 1.05 - 1.047
[b]Supports[/b]: 1.031 - 1.0375 - 1.043

[b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/eurjpy"]EUR/JPY ...

[B]Britain’s initial GDP read for the fourth quarter is very weak, and the revised versions can easily erase it. The Pound reacted with a fall against the dollar and the Euro. Here’s a review of this important event and a look forward on the Pound.[/B]

Britain’s first release of GDP was very weak – only 0.1%. Early expectations were for a rise of 0.4%. The unofficial [B][URL="http://www.forexcrunch.com/pound-to-climb-up-the-mound/"]NIESR GDP estimate[/URL][/B] expected a weaker outcome, only 0.3%, but it was even worse.

The UK has been lagging behind other economies with an [B][URL="http://www.forexcrunch.com/gbp-to-usd-falls-on-ongoing-recession/"]ongoing recession[/URL][/B] that went into Q3. The US and Canada ...

[B]After a slow day, we have a very busy day today, starting with a rate decision in Japan. Then, we’ll get to know if Britain exited the recession, an important European survey will shake EUR/USD and American consumer confidence will move the dollar. Let’s see what’s up today:[/B]

Apart from the regular economic releases, a second term for Ben Bernanke will probably be approved in Washington, though there are doubts about this. An approval will help the dollar and the stock markets.

The day starts strongly with a rate decision in Japan. The BOJ isn’t expected to move the interest rate from 0.1%, but might expand the emergency measures it makes to push the economy higher. The exact wording of the Monetary Policy ...