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3-9 Economic Calendar

Written March 8, 2012 at 11:35 PM EST by Vincent Facchino 

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Archived in Economic Statistics

usd/twd finds resistance.

Written March 8, 2012 at 9:01 PM EST by Edwin Tsui 

usd/twd finds resistance at the bottom of this wedge giving a bearish signal for this pair.

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Archived in Forex Trading

usd/sgd in the middle of the range of this sideways channel.

Written March 8, 2012 at 8:55 PM EST by Edwin Tsui 

usd/sgd in the middle of the range of this sideways channel.

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Archived in Forex Trading

Chinese CPI (y/y) 3.2%; slightly worse than the 3.4% forecast and 4.5% prior reading.

Written March 8, 2012 at 8:42 PM EST by John Teister 

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Archived in Forex Trading

Chinese PPI (y/y) 0.0%; slightly worse than the 0.1% expectation and 0.7% prior reading.

Written March 8, 2012 at 8:42 PM EST by John Teister 

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Archived in Forex Trading

Lagarde the Fed is “doing everything it can” to support the U.S. economy.

Written March 8, 2012 at 8:02 PM EST by John Teister 

  • Says IMF may raise 2012 U.S. growth forecast from 1.8%.
  • U.S. must deal with housing and the federal deficit.
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Archived in Forex Trading

Aussie trade balance -673 M; worse than the 1500 M survey.

Written March 8, 2012 at 7:31 PM EST by John Teister 

  • January exports fell 8% from a month earlier.
  • Imports fell 1% from a month earlier.

On the worse than expected release the AUD sold lower against all of the major currencies. In the case of the Aussie versus the USD, the pair sold off and found support at 1.0619 where we find the 61.8% fibo line and the 100 hour moving average.

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Archived in Forex Trading

Japan M2 money stock (y/y) 2.9%; worse than the 3.1% forecast.

Written March 8, 2012 at 6:53 PM EST by John Teister 

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Archived in Forex Trading

usd/inr looking to test the 50% retrancement level.

Written March 8, 2012 at 6:35 PM EST by Edwin Tsui 

usd/inr looking to test the 50% retrancement level after this recently rally to 50.70 area.

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Archived in Forex Trading

oil/usd testing recent highs around 125

Written March 8, 2012 at 6:33 PM EST by Edwin Tsui 

oil/usd testing recent highs around 125 which might provide some resistance for the pair.

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Archived in Forex Trading

Greek bank official says debt swap participation is around 85%.

Written March 8, 2012 at 4:12 PM EST by John Teister 

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Archived in Forex Trading

Bank of Canada Rate Remains Unchanged at 1.00%

Written March 8, 2012 at 9:00 AM EST by Lawrence Fayman 

Bank of Canada Rate Remains Unchanged at 1.00%

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Archived in Forex Trading

Positive Inflation Comments by Draghi see Jump Up in Euro

Written March 8, 2012 at 8:44 AM EST by Lawrence Fayman 

Positive Inflation Comments by Draghi see Jump Up in Euro

Trading at 1.3261 at the time of writing

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Archived in Forex Trading

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