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Forex Midday Report- June 30

Written June 30, 2010 at 12:25 PM EST by Shawn Powell 

Forex Midday Report- June 30

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Forex Morning Report- June 30

Written June 30, 2010 at 9:35 AM EST by Shawn Powell 


Forex Morning Report- June 30

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Bobbys Corner-Open Market-June.30.2010

Written June 30, 2010 at 8:28 AM EST by Bob Slade 

bob-slade-forex-trading-4-150x200Good Morning:

The Euro was stronger overnight as the ECB said it will lend EU banks 131.9 Bil euros for 3 months.  Last year the ECB lent EU banks 442 Bil euros to combat the financial crisis.  These loans are to be repaid tomorrow-which is why the ECB has initiated a new loan program.  The demand for fresh cash was less than expected, which may be a sign that the financial industry may be stronger in the EU than originally expected.

Asian equity market fell-European markets rose and US Futures are looking for a positive opening this morning.
ADP survey shows that US companies added 13K  workers in June. A gain of 60K was expected.

Oil:$76.41                                                           Gold:$1243.20

  

7:00A.M. MBA MORTGAGE APPLICATIONS 25-Jun -5.90%
8:15A.M. ADP EMPLOYMENT CHANGE JUNE 60K 55K
9:45A.M. CHICAGO PURCHASING MANAGER  JUNE 59.O 59.7O
10:00A.M. NAPM-MILWAUKEE JUNE 65.O

HAVE A GREAT DAY & GOOD LUCK                                         

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Rebroadcast of the Tuesday June 29th Training Webinar

Written June 29, 2010 at 10:37 PM EST by Shawn Powell 

fxdd_rebroadcast

Rebroadcast of the Tuesday June 29th, 2010 Forex Training Webinar – Click to watch

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Forex Morning Report- June 29th

Written June 29, 2010 at 9:15 AM EST by Shawn Powell 

Forex Morning Report- June 29th

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Bobbys Corner-Open Market-June.29.2010

Written June 29, 2010 at 9:10 AM EST by Bob Slade 

bob-slade-forex-2-150x200Good Morning:

Signs that the global economic recovery is slowing caused the markets to run to the safety of the JPY-thus allowing the yen to reach it’s highest level against the euro in eight years.  The JPY also reached a seven week high versus the USD ahead of this morning’s consumer sentiment data-which is forecast to be lower than last month.  Slowing growth concerns always drive the markets to safer havens-like the JPY,CHF and USD.

World equity markets fell, and US Futures are sharply lower.  Concerns that Chinese growth is slowing will effect  global economies, as China is the main engine of the world’s economic recovery.

 Oil:$76.31                              Gold:$1238.40

9:00A.M. S&P CS COMPOSITE -20 YoY APRIL 3.40% 2.30%
9:00A.M. S&P CASESHILLER HOME PRICE INDEX APRIL 144.3O 143.4O
9:00A.M. S&P CS 20 CITY MoM% SA APRIL -0.15% -0.05%
10:00A.M. CONSUMER CONFIDENCE  JUNE 62.5O 63.3O

Have a GREAT DAY & GOOD LUCK

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Forex Evening Report- June 28 2010

Written June 28, 2010 at 4:30 PM EST by Shawn Powell 

Forex Evening Report- June 28 2010

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Forex Midday Report- June 28

Written June 28, 2010 at 12:13 PM EST by Shawn Powell 

Forex Midday Report- June 28

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