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4-1 Economic Calender

Written March 31, 2011 at 11:54 PM EST by John Teister 

4-1-calender1

Archived in Forex News

USD/JPY Hits 200day

Written March 31, 2011 at 11:15 PM EST by Alex Chernomordin 

The USD/JPY pair has continued to appreciate to start the new fiscal year in Japan, currently sitting on its highs right above the 200 day moving average. The pair has not touched that indicator since June 2010 and a test of the December highs could be on the horizon as the markets await tomorrow mornings US Non-Farm Payroll report.

 usdjpy5

Archived in Economic Statistics, Forex News, Forex Trading

New Zealand Manufacturing Activity

Written March 31, 2011 at 6:44 PM EST by Alex Chernomordin 

New Zealand Manufacturing Activity for the 4th quarter rose 3.1% versus the prior reading of 1.3%.  The volume also rose 3.3% but the Kiwi had no reaction to this release. The Q1 reading could have some surprises following the earthquake in February.

Archived in Economic Statistics, Forex News, Forex Trading

ECB on the newswires regarding Irish Government Debt

Written March 31, 2011 at 2:50 PM EST by Greg Michalowski 

The ECB has announced that it suspends rate threshold for Irish Government Debt instruments. The suspension is in response to Irish authorities banking system stress test and announcement to strengthen the Irish banks. This opens the door for the ECB to accept Irish collaterol even if the rating is below standards by the ECB.

In short, the announcement is a vote of confidence in Irelands attempt to solve their banking issues. The EURUSD has been supported by the announcement.

Archived in Forex News

Cleveland Fed President Pinalto on the Wires

Written March 31, 2011 at 2:17 PM EST by Lawrence Fayman 

Says:

  • Inflation expectations may become more volatile
  • Sees inflation kept in check
  • Inflation target may be warranted
  • Energy, commodities could lead to inflation worries
  • Inflation target may be warranted
Archived in Forex News, Forex Trading

The NY Midday Forex Call for March 31st 2011

Written March 31, 2011 at 2:16 PM EST by Greg Michalowski 

Archived in Video

Ireland’s Noonan on the Wires

Written March 31, 2011 at 12:03 PM EST by Lawrence Fayman 

Says:

  • Bank guarantee was blackest day in Irish history
  • Banks became too big for economy
  • Ireland will create two new strong banks
  • Irish banking system remains in distress
  • Creating new bank with an AIB & EBS merger
  • Bank of Ireland will be second strong Irish bank
  • AIB/EBS deleveraging completed by 2013
  • Non-Core bank assets to be sold over time
  • Plan aims to avoid fire sales
  • Bank of Ireland plans to sell EU30BLN assets by 2013
Archived in Forex News, Forex Trading

Non-Farm Payroll Round table TODAY at 1pm

Written March 31, 2011 at 11:00 AM EST by Shawn Powell 

register-fxdd-live-training-feb-2011

NON FARM PAYROLL WEBINAR Rebroadcast – Watch now

Archived in Forex Trading

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