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03-04-2009, 05:32 AM
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| | Forex News 4 Mar 2009
[10:30 ZAR BRIEFING: 8 Consecutive Down Days In Gold Price ^^^^2326^] London, March 4. [email protected]
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motorbicycles that get over 150 MPG. Stop by and learn how to beat the gas wars..... "People are not remembered by how few times they fail, but how often they succeed."
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03-04-2009, 05:34 AM
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| | Re: Forex News 4 Mar 2009
[10:29 GMT March 4th] [GBP/USD] has run into resistance just shy of 1.4100 after vaulting 1.4090 (today"s early Europe high).
__________________ http://motorbicycling.com/
motorbicycles that get over 150 MPG. Stop by and learn how to beat the gas wars..... "People are not remembered by how few times they fail, but how often they succeed."
- Thomas Edison The only easy day- is yesterday
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03-04-2009, 05:35 AM
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| | Re: Forex News 4 Mar 2009
[10:27 EUR/GBP: Weighed Down by Unexpected UK Service PMI Rise] London, March 4. EUR/GBP has fallen by over a quarter-penny to a new two-day low of 0.8874 since the disclosure of February"s unexpected UK service sector PMI rise to 43.2, from 42.5 in January. A fall to 41.9 was forecast. The service sector is the dominant segment of the UK economy.
0.8885 (early Europe low) is now a resistance level. 0.8904 was today"s Asian session base. 0.8921 was the recovery rally high from 0.8885. Monday"s traded range was 0.8809-0.9010. [email protected]
__________________ http://motorbicycling.com/
motorbicycles that get over 150 MPG. Stop by and learn how to beat the gas wars..... "People are not remembered by how few times they fail, but how often they succeed."
- Thomas Edison The only easy day- is yesterday
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03-04-2009, 05:36 AM
| | Administrator | | Join Date: Jun 2007
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| | Re: Forex News 4 Mar 2009
[10:34 FX OPTIONS: USD/JPY Vols Losing Further Ground ] London, March 4. This mornings spot break through 99.00 barriers and on toward those at 99.50 has placed additional pressure on implied vols along the run. 1 month was just given at 18.6 for a 99.55 strike, while at the other end of the curve - 1 year atmf traded last at 14.9 (seller). The benchmark 1 month 25 delta risk reversal is 1.5/1.85 JPY calls, with recent and multi month lows at 1.6 from last week. The 1 year 25 delta risk reversal traded 4.9 JPY calls in Asia today - this contract traded lows at 4.6 last week. Vanilla expiries at 100.00 today, although defence of 100 barriers expected ahead. Our maturity calendars show 100.10 barriers expiring tomorrow (see ^^^^2369^). [email protected].
__________________ http://motorbicycling.com/
motorbicycles that get over 150 MPG. Stop by and learn how to beat the gas wars..... "People are not remembered by how few times they fail, but how often they succeed."
- Thomas Edison The only easy day- is yesterday
Articles I have written articles http://The Real Olive Oil Story | ![Old](../images/statusicon/post_old.gif)
03-04-2009, 05:37 AM
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Posts: 3,297
| | Re: Forex News 4 Mar 2009
[10:25 EUR/USD: US Selling Pushes Spot Back Towards 1.24s] London, March 4th. US name selling has pushed EUR/USD lower and spot is back toying with the 10-HMA line at 1.2505. Dips back into the high-1.24s are eyed by bears but it remains the ACB support ahead of the 1.2450 options that is key to the downside. [email protected]
__________________ http://motorbicycling.com/
motorbicycles that get over 150 MPG. Stop by and learn how to beat the gas wars..... "People are not remembered by how few times they fail, but how often they succeed."
- Thomas Edison The only easy day- is yesterday
Articles I have written articles http://The Real Olive Oil Story | ![Old](../images/statusicon/post_old.gif)
03-04-2009, 05:42 AM
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| | Re: Forex News 4 Mar 2009
[10:22 EEMEA FX: Alcoa To Sell two Plants In Hungary-Reuters] London, March 4. USD/HUF raced higher early in the session following the news that US aluminum maker, Alcoa, was planning to sell two manufacturing plants in Hungary. Alcoa is one of the top 20 employers in Hungary.
USD/HUF opened around 246.70, dropped to 244.75 before the Alcoa news broke. The Dollar has since climbed to 249.40 highs where profit taking set in. We look for the previous significant high at 246.30 to provide some support on pullbacks but whippy and nervous conditions will leave the market thin and big swings are likely. [email protected]
__________________ http://motorbicycling.com/
motorbicycles that get over 150 MPG. Stop by and learn how to beat the gas wars..... "People are not remembered by how few times they fail, but how often they succeed."
- Thomas Edison The only easy day- is yesterday
Articles I have written articles http://The Real Olive Oil Story | ![Old](../images/statusicon/post_old.gif)
03-04-2009, 05:43 AM
| | Administrator | | Join Date: Jun 2007
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| | Re: Forex News 4 Mar 2009
[10:42 EUR/GBP TECHS: We Have Gone Short At .8883 for Losses ^^^^2343^] London, March 4. [email protected]
__________________ http://motorbicycling.com/
motorbicycles that get over 150 MPG. Stop by and learn how to beat the gas wars..... "People are not remembered by how few times they fail, but how often they succeed."
- Thomas Edison The only easy day- is yesterday
Articles I have written articles http://The Real Olive Oil Story | ![Old](../images/statusicon/post_old.gif)
03-04-2009, 05:45 AM
| | Administrator | | Join Date: Jun 2007
Posts: 3,297
| | Re: Forex News 4 Mar 2009
[10:41 USD/CHF: Supported, 1.19 & 1.20 Targets Still Viable] London, March 4th. USD/CHF hit 1.1850 in the early European move higher but local supply has helped keep the price steady. Trading has eased back towards the 1.18 mark in the wake of this latest topside failure but buying dips remains preferred and targets in the 1.19/1.20 band are still tipped as viable once the Franc weakens further. The 10-HMA line at 1.1810 is supporting the pair into the North American open, with bids seen trailing into the high-1.17s to keep the focus on the topside.
Elsewhere, EUR/CHF failed to cement the early drive into the 1.48s, with the cross falling back to support into the 1.4770s in the wake of this inability to sustain the latest Euro gains. [email protected]
__________________ http://motorbicycling.com/
motorbicycles that get over 150 MPG. Stop by and learn how to beat the gas wars..... "People are not remembered by how few times they fail, but how often they succeed."
- Thomas Edison The only easy day- is yesterday
Articles I have written articles http://The Real Olive Oil Story | ![Old](../images/statusicon/post_old.gif)
03-04-2009, 05:49 AM
| | Administrator | | Join Date: Jun 2007
Posts: 3,297
| | Re: Forex News 4 Mar 2009
[10:40 EM Update: India"s NTPC Looks To Raise USD3.4bn] London, March 4
State-owned Indian power company NTPC is looking to borrow 70% of its INR177bn (USD3.41bn) budget to boost generation capacity from offshore and onshore markets in this fiscal year (2009-2010), according to the company official.
Also in the Indian subcontinent Sri Lanka (B/B+) authorities are seeking to roll over USD475m in bonds maturing this year and may seek funds from the offshore public markets.
In emerging Asia, the Philippines energy firm Napocor is heard conducting beauty parades for a US dollar bond issue having last printed a USD500m 10-year Eurobond in 2006. [ [email protected]]
__________________ http://motorbicycling.com/
motorbicycles that get over 150 MPG. Stop by and learn how to beat the gas wars..... "People are not remembered by how few times they fail, but how often they succeed."
- Thomas Edison The only easy day- is yesterday
Articles I have written articles http://The Real Olive Oil Story | ![Old](../images/statusicon/post_old.gif)
03-04-2009, 05:50 AM
| | Administrator | | Join Date: Jun 2007
Posts: 3,297
| | Re: Forex News 4 Mar 2009
[10:47 FX OPTIONS: Further Selling 1 Year USD/JPY Vol] London, March 4. Good amounts of 1 year atmf USD/JPY Vol trading in the last 10 minutes. The contract given 14.9, 14.8 and 14.7 thus far. [email protected].
__________________ http://motorbicycling.com/
motorbicycles that get over 150 MPG. Stop by and learn how to beat the gas wars..... "People are not remembered by how few times they fail, but how often they succeed."
- Thomas Edison The only easy day- is yesterday
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