ALL FINANCIAL FOREX NEWS on ONE PAGE http://www.us-forex.us Just another FOREX and TRADE NEWS Mon, 30 Apr 2012 18:49:04 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Cable headed towards 1.6500/1.6618 – MIG Bank http://www.us-forex.us/2012/04/cable-headed-towards-1-65001-6618-mig-bank/?utm_source=rss&utm_medium=rss&utm_campaign=cable-headed-towards-1-65001-6618-mig-bank http://www.us-forex.us/2012/04/cable-headed-towards-1-65001-6618-mig-bank/#comments Mon, 30 Apr 2012 18:49:04 +0000 Forex-Master http://www.us-forex.us/2012/04/cable-headed-towards-1-65001-6618-mig-bank/ Long from 1.5915 met final objecitve at 1.6290.
GBP/USD has seen an acceleration of gains following the breach of the previous swing high at 1.6063 as the British Pound continues to outperform across the board.
While we could see some corrective activity from the 1.6455/1.6500 area the overall…
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Published: Mon, 30 Apr 2012 20:49
]]> http://www.us-forex.us/2012/04/cable-headed-towards-1-65001-6618-mig-bank/feed/ 0 EUR/USD extends slide http://www.us-forex.us/2012/04/eurusd-extends-slide/?utm_source=rss&utm_medium=rss&utm_campaign=eurusd-extends-slide http://www.us-forex.us/2012/04/eurusd-extends-slide/#comments Mon, 30 Apr 2012 18:49:04 +0000 Forex-Master http://www.us-forex.us/2012/04/eurusd-extends-slide/ Stops gone off through 1.3220 and weve been down as low as 1.3211.

Those clever old sticks at the Reserve Bank of India nailed it

When I first returned to this forex game just over three years ago they were sharp as razors, although recently Ive noticed theyre a little more hit and miss …
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Published: Mon, 30 Apr 2012 20:49
]]> http://www.us-forex.us/2012/04/eurusd-extends-slide/feed/ 0 ECB Deposits Rise To Most Since Early March http://www.us-forex.us/2012/04/ecb-deposits-rise-to-most-since-early-march/?utm_source=rss&utm_medium=rss&utm_campaign=ecb-deposits-rise-to-most-since-early-march http://www.us-forex.us/2012/04/ecb-deposits-rise-to-most-since-early-march/#comments Mon, 30 Apr 2012 18:49:04 +0000 Forex-Master http://www.us-forex.us/2012/04/ecb-deposits-rise-to-most-since-early-march/ There was a time in late 2011 and early 2012 when people kept track of cash deposited with the ECB with great interest as it showed just where the latent money in the Eurosystem is going, or rather wasn’t (and receiving 0.25% from the ECB in exchange for the 1.00% funding cost to borrow LTRO repos…
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Published: Mon, 30 Apr 2012 20:49
]]> http://www.us-forex.us/2012/04/ecb-deposits-rise-to-most-since-early-march/feed/ 0 European stocks lower on Spanish gloom http://www.us-forex.us/2012/04/european-stocks-lower-on-spanish-gloom/?utm_source=rss&utm_medium=rss&utm_campaign=european-stocks-lower-on-spanish-gloom http://www.us-forex.us/2012/04/european-stocks-lower-on-spanish-gloom/#comments Mon, 30 Apr 2012 18:49:02 +0000 Forex-Master http://www.us-forex.us/2012/04/european-stocks-lower-on-spanish-gloom/ European stock markets mostly fell on Monday amid further bad news for indebted Spain but Frankfurt managed to edge higher after positive retail sales data and bumper earnings from Adidas.

London’s FTSE 100 index slid 0.35 percent to 5,746.48 points in late morning deals and the Paris CAC 40 retr…
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Published: Mon, 30 Apr 2012 20:49
]]> http://www.us-forex.us/2012/04/european-stocks-lower-on-spanish-gloom/feed/ 0 Italy Inflation Rate Remained at Six-Month High in April http://www.us-forex.us/2012/04/italy-inflation-rate-remained-at-six-month-high-in-april/?utm_source=rss&utm_medium=rss&utm_campaign=italy-inflation-rate-remained-at-six-month-high-in-april http://www.us-forex.us/2012/04/italy-inflation-rate-remained-at-six-month-high-in-april/#comments Mon, 30 Apr 2012 17:49:02 +0000 Forex-Master http://www.us-forex.us/2012/04/italy-inflation-rate-remained-at-six-month-high-in-april/ Italys inflation rate unexpectedly remained at a six-month high in April amid higher energy costs and tax increases passed as part of Prime Minister Mario Montis austerity program.

The inflation rate based on European Union measurements was unchanged at 3.8 percent, Rome-based national statist…
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Published: Mon, 30 Apr 2012 19:49
]]> http://www.us-forex.us/2012/04/italy-inflation-rate-remained-at-six-month-high-in-april/feed/ 0 EUR/GBP barrier flushed. http://www.us-forex.us/2012/04/eurgbp-barrier-flushed/?utm_source=rss&utm_medium=rss&utm_campaign=eurgbp-barrier-flushed http://www.us-forex.us/2012/04/eurgbp-barrier-flushed/#comments Mon, 30 Apr 2012 16:49:04 +0000 Forex-Master http://www.us-forex.us/2012/04/eurgbp-barrier-flushed/ The 0.8125 barrier has been consigned to the bin just now with a Reuters recorded low of 0.8124. Likely bids now seen towards 0.8090/95 and 0.8065/70 (0.8067/91= Jun 29/ 30 2010 lows)

EUR/GBPs sitting around 0.8125

UPDATE: Cable barrier also flushed through 1.6300 with a high of 1.6304, be…
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Published: Mon, 30 Apr 2012 18:49
]]> http://www.us-forex.us/2012/04/eurgbp-barrier-flushed/feed/ 0 Spain GDP Contracts Less Than Forecast Amid Recession http://www.us-forex.us/2012/04/spain-gdp-contracts-less-than-forecast-amid-recession/?utm_source=rss&utm_medium=rss&utm_campaign=spain-gdp-contracts-less-than-forecast-amid-recession http://www.us-forex.us/2012/04/spain-gdp-contracts-less-than-forecast-amid-recession/#comments Mon, 30 Apr 2012 16:49:04 +0000 Forex-Master http://www.us-forex.us/2012/04/spain-gdp-contracts-less-than-forecast-amid-recession/ Spains economy shrank less than previously forecast in the first quarter as the economy officially entered its second recession since 2009.

Gross domestic product fell 0.3 percent, the same as in the previous three months, the Madrid-based National Statistics Institute said today. That compares…
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Published: Mon, 30 Apr 2012 18:49
]]> http://www.us-forex.us/2012/04/spain-gdp-contracts-less-than-forecast-amid-recession/feed/ 0 For businesses in China, a minefield of bribery risks http://www.us-forex.us/2012/04/for-businesses-in-china-a-minefield-of-bribery-risks/?utm_source=rss&utm_medium=rss&utm_campaign=for-businesses-in-china-a-minefield-of-bribery-risks http://www.us-forex.us/2012/04/for-businesses-in-china-a-minefield-of-bribery-risks/#comments Mon, 30 Apr 2012 16:49:04 +0000 Forex-Master http://www.us-forex.us/2012/04/for-businesses-in-china-a-minefield-of-bribery-risks/ Foreign companies doing business in China must navigate a business culture in which bribery is rife, finding ways to remove obstacles to expanding in the world’s second-largest economy without running afoul of local or home-country laws.

Especially in areas such as dealing with local officials i…
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Published: Mon, 30 Apr 2012 18:49
]]> http://www.us-forex.us/2012/04/for-businesses-in-china-a-minefield-of-bribery-risks/feed/ 0 US Likely Added Only 125,000 Jobs in April: Goldman http://www.us-forex.us/2012/04/us-likely-added-only-125000-jobs-in-april-goldman/?utm_source=rss&utm_medium=rss&utm_campaign=us-likely-added-only-125000-jobs-in-april-goldman http://www.us-forex.us/2012/04/us-likely-added-only-125000-jobs-in-april-goldman/#comments Mon, 30 Apr 2012 16:49:02 +0000 Forex-Master http://www.us-forex.us/2012/04/us-likely-added-only-125000-jobs-in-april-goldman/ Goldman Sachs is turning increasingly bearish on the U.S. economy, expecting the nation to have added only 125,000 new jobs in April, as the effects of a warm winter, which buoyed employment late last year, wear off.

According to a report by the banks Chief U.S. Economist Jan Hatzius, the jobs …
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Published: Mon, 30 Apr 2012 18:49
]]> http://www.us-forex.us/2012/04/us-likely-added-only-125000-jobs-in-april-goldman/feed/ 0 US Dollar Weakness Driven by More Than Just Risk On Trade http://www.us-forex.us/2012/04/us-dollar-weakness-driven-by-more-than-just-risk-on-trade/?utm_source=rss&utm_medium=rss&utm_campaign=us-dollar-weakness-driven-by-more-than-just-risk-on-trade http://www.us-forex.us/2012/04/us-dollar-weakness-driven-by-more-than-just-risk-on-trade/#comments Mon, 30 Apr 2012 15:49:04 +0000 Forex-Master http://www.us-forex.us/2012/04/us-dollar-weakness-driven-by-more-than-just-risk-on-trade/ The US Dollar has come under some intensified pressure in recent sessions, and the across the board underperformance in the buck suggests that there could be more at play than simply risk on market drivers. While there has been clear evidence of a resumption of risk buying over the past several…
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Published: Mon, 30 Apr 2012 17:49
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