I will be on a short vacation from Friday, September 3 to Monday September 6th.
I will return on Tuesday, September 7th!
Have a great weekend Traders!
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Two central bank meetings down and two to go this week. Here is this week's Economic Calendar with those events that are watched closely by traders around the world. For more on how the market might view these releases, check out DailyFX for their point of view.
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News in 60 Seconds- WSJ article deems Euro Bank Stress Tests Weak-Equity Markets Sell
Biggest % gainers: USD/CAD UP .73%, AUD/CAD UP .32%, NZD/CAD up .40% - CAD weakening ahead of tomorrows Bank of Canada Rate announcement
Biggest % losers: EUR/JPY -1.71%, CAD/JPY DOWN -1.51%, EUR/CHF Down -1.39% - Flight to Safety
Trader, Gregory McLeod moderates the DailyFX Forum.
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News in 60 Seconds- Bank of Canada Raises Rates to 1.00%-Stock Markets Rally
News in 60 Seconds- Bank of Canada Raises Rates to 1.00%-Stock Markets Rally
Biggest % gainers: CAD/JPY UP 1.16%, GBP/USD UP 1.03%, GBP/JPY up 1.01% - CAD rebounding after rate increase
Biggest % losers: USD/CAD-1.14%, EUR/CAD DOWN -0.72%, EUR/GBP Down -0.60% - UK higher Manufacturing Production
Trader, Gregory McLeod moderates the DailyFX Forum.
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News in 60 Seconds- Aussie Rallies on Strong Job Growth, ECB says Banks Need More Cap
News in 60 Seconds- Aussie Rallies on Strong Job Growth, ECB says Banks Need More Capital, US Jobless Claims& Trade Balance Improve, Norway Buys Greek Bonds
Biggest % gainers: AUD/USD UP 0.95%, AUD/JPY UP 0.77% - AUD up on strong Jobs number
Biggest % losers: GBP/AUD-1.24%, EUR/AUD DOWN -0.76%
Trader, Gregory McLeod moderates the DailyFX Forum.
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News in 60 Seconds- Russia and China Removing Dollar from Trade Transactions, Canada
News in 60 Seconds- Russia and China Removing Dollar from Trade Transactions, Canada Posts Stronger than Expected Jobs Data, US 10 yr Edges Higher
Biggest % gainers: EUR/CHF UP 1.17%, GBP/CHF UP 1.09%, USD/CHF UP 0.91% -Risk Appetite Returning
Biggest % losers: CHF/JPY-0.64%, EUR/NZD DOWN -0.17%
Trader, Gregory McLeod moderates the DailyFX Forum.
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News in 60 Seconds- Markets Hold Breath Ahead of US Retail Sales
News in 60 Seconds- Markets Hold Breath Ahead of US Retail Sales, German Investor Confidence Falls to 19-Month Low, Euro Industrial Production Falls, UK Inflation Surges Above 3% Surprisingly
INDEX VALUE CHANGE % CHANGE TIME
DOW JONES INDUS. AVG
10,544.13 81.36 0.78% 09/13
S&P 500 INDEX
1,121.90 12.35 1.11% 09/13
NASDAQ COMPOSITE INDEX
2,285.71 43.23 1.93% 09/13
Biggest % gainers: AUD/NZD UP 0.55%, EUR/NZD UP 0.42%, USD/ZAR UP 0.25% -Tight Ranges Ahead of US Retail Sales
Biggest % losers: NZD/JPY Down -1.39%, EUR/JPY Down -0.95%, AUD/JPY Down - 0.95%, GBP/JPY Down -0.80%, Stronger Yen as Naoto Kan wins reelection as prime minister of Japan representing the LDP
Trader, Gregory McLeod moderates the DailyFX Forum.
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INDEX VALUE CHANGE % CHANGE TIME
DOW JONES INDUS. AVG
10,526.49 -17.64 -0.17% 09/14
S&P 500 INDEX
1,121.10 -0.80 -0.07% 09/14
NASDAQ COMPOSITE INDEX
2,289.77 4.06 0.18% 09/14
Biggest % gainers: CAD/JPY UP 3.03%, GBP/JPY UP 3.01%, USD/JPY UP 2.94% -First Time Bank of Japan has intervened in currency markets since 2004
Biggest % losers: NZD/CAD Down 0.38%, NZD/USD Down -0.37%- NZD Retail sales down -0.4%
Trader, Gregory McLeod moderates the DailyFX Forum.
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I'm a Petroleum Engineer, and know all about oil and how it's produced and refined, and I know when all of the gov't reports are going to come out and what the effect of supply and demand are, but 4 years of learning about oil or gas or gold or a currency or country isn't going to help you in trading it.
I'm a Petroleum Engineer, and know all about oil and how it's produced and refined, and I know when all of the gov't reports are going to come out and what the effect of supply and demand are, but 4 years of learning about oil or gas or gold or a currency or country isn't going to help you in trading it.
Hello Dales. That's why many traders use Technical Analysis to help them determine the long term trends that are the embodiment of supply and demand fundamentals. Thanks for sharing with the thread!
Trader, Gregory McLeod moderates the DailyFX Forum.
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It's such tragedy that decisions are being made on such a grand scale based on a flawed doctrine, they are being tried time and time again with the same result...failure.
If people wanted to fix america the exact opposite of what is being done must be done.
Interests rates must be allowed to rise, consumption must be decreased and savings must be increased....then the earlier stages of production will take on more investment for future production.
The problem is the curve has been distorted so much that the depression that must ensue will take us back to the stone age.
Thanks speculator84 for your contribution. Hopefully, it will raise awareness as well as give us a some ways to trade it.
Trader, Gregory McLeod moderates the DailyFX Forum.
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News in 60 Seconds- Australian Dollar Soars on Rate Hike Expectations, UK House Price
News in 60 Seconds- Australian Dollar Soars on Rate Hike Expectations, UK House Prices Fell for Third Month , U. of Michigan Confidence Unexpectedly Declines, Gold Hits New High, Market awaits Fed and Housing Data
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Biggest % gainers: EUR/USD UP 0.87%, EUR/AUD UP 0.70%, EUR/AUD UP 0.70% -Euro rises as Feds keep US rates low
Biggest % losers: USD/CHF Down 0.71%, USD/JPY Down -0.56%, USD/CAD down 0.56%
US dollar weak after Fed statement
Gold $1293.00 Oil $75.33 US 10yr 2.52%
Last edited by Gregory McLeod; 09-22-2010 at 08:10 AM.
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
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