21 December, 2015 by The TZ Newswire Staff Comments Off on GBPUSD orders 22 Dec
GBPUSD orders 22 Dec
The order boards are getting a bit thinner understandably but here’s the latest update
Currently 1.4892 still pinned down and being capped by EURGBP demand following that pair’s break through 0.7300-05 that I highlighted
21 December, 2015 by The TZ Newswire Staff Comments Off on Option expiries for the 10am NY cut 22 Dec. Large EURUSD at 1.0900 in play
Option expiries for the 10am NY cut 22 Dec. Large EURUSD at 1.0900 in play
For those who missed my advance post yesterday here’s what’s listed at the DTCC today, now with updates
Expiry time, as ever, is 10.00 NY (15.00 GMT)
– USDJPY 120.75 (USD 490m) 123.00-05 (580m)
21 December, 2015 by The TZ Newswire Staff Comments Off on Swiss trade balance Nov +CHF 3.14bln vs +CHF 4.09bln prev
Swiss trade balance Nov +CHF 3.14bln vs +CHF 4.09bln prev
Latest Swiss trade data out a short while ago
– exports real mm -2.1% vs +6.4% prev from +5.4%
– imports real mm+0.2% vs +4.0% prev from +3.5%
Exports hit again by fall in watch sales, down 5.6% yy
21 December, 2015 by The TZ Newswire Staff Comments Off on German import price index mm -0.2% as expected
German import price index mm -0.2% as expected
Data out a short while ago.
– -0.3% prev
– yy-3.5% vs -3.7% exp vs -4.1% prev
Posting for info. Not price changing in its own right but part of the inflation picture
21 December, 2015 by The TZ Newswire Staff Comments Off on Germany GFK consumer confidence Jan 9.4 vs 9.3 exp
Germany GFK consumer confidence Jan 9.4 vs 9.3 exp
Data out a few moments ago
– 9.3 prev
Not Tier 1 but one for general filing
21 December, 2015 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: Commodity currencies catch a bid
ForexLive Asia FX news wrap: Commodity currencies catch a bid
Forex news for Asia trading Tuesday 22 December 2015
Tight ranges again today nearly across the board but for AUD, NZD, CAD, which attracted some bids. AUD/USD popped through 0.7200 and had a quick run to around 0.7225 and thereabouts. it backed off a few points with sellers around here and is just under 20 as i update. NZD/USD had a steadier upmove, gaining 60+ points from its session lows to again be a solid performer.
21 December, 2015 by The TZ Newswire Staff Comments Off on Janet Yellen Fights the Tide of Falling Interest
Janet Yellen Fights the Tide of Falling Interest
by Keith Weiner
On Wednesday Dec 16, Federal Reserve Chair Janet Yellen announced that the Fed was raising the federal funds rate by 25 basis points.
Let’s get one thing out of the way. This is not a move towards free markets. Whether the Fed sets interest lower, or whether it sets interest higher, we still have central planning. We still have price fixing of interest rates.