Forex Trading Signal for 31st October 2013

                                                                                


Japan (Tokyo)                               United Kingdon (London)                        USA (New York)

For more easy access,,,,,,Download our mobile application on your mobile :   Click Fxsignals 

EUR/USD

 Down Trend :

 (1) SELL

E/P: 1.37292

T/P: 1.37000

S/L: 1.38000

 

GBP/USD

Down Trend:

(1) SELL

E/P: 1.60299

T/P: 1.60000

S/L: 1.61000

NOTE: The above posted Signals are delayed 2 - 4 hours after it has been  generated.
Daily forex signals are sent ontime to only our subcribers.

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Asian stocks mixed after Fed, regional data; Nikkei up 0.09%

Asian stocks were mixed during Thursday’s session amid a spate of regional data points and a lackluster response by U.S. stocks to commentary out of the Federal Reserve Wednesday. 

In Asian trading Thursday, Japan’s Nikkei 225 rose 0.09% after the Japanese Ministry of Health, Labour and Welfare said that Japan’s average cash earnings rose 0.1% in the third quarter following 0.9% drop in the prior quarter. The second-quarter reading was revised down from a drop 0.6%. Analysts expected a third-quarter drop of 0.5%. 

Hong Kong’s Hang Seng fell 0.40% while the Shanghai Composite lost 0.68% despite the People’s Bank of China buying USD2.6 billion worth of 14-day reverse-repo contracts to add liquidity into the Chinese financial system. 

That was not enough to keep investors from evaluating Chinese banks on the basis of their rising amount of bad loans. 

Australia’s S&P/ASX was steady after the Australian Bureau of Statistics said that Australian building approvals rose 14.4% last week after falling 1.6% in the previous week. Analysts expected the number to rise 2.7% last week. The prior week’s reading was revised up from a drop of 4.7%. 

In a separate report, the Reserve Bank of Australia said Australian private sector credit rose 0.3% in September, the same increase seen in August. Analysts expected a September increase of 0.4%. 

The Statistics Bureau also Australia’s import producer prices jumped 6.1% last month after falling 0.3% in August. Analysts expected a September rise 0.4%. 

New Zealand’s NZSE 50 jumped 0.86% after the Reserve Bank of New Zealand left rates unchanged at a record low of 2.5%. 

"Sustained strength in the exchange rate that leads to lower inflationary pressure would provide the bank with greater flexibility as to the timing and magnitude of future increases in the OCR," said RBNZ Governor Graeme Wheeler in a statement released earlier in the session. 

South Korea’s Kospi lost 0.73%. Singapore’s Straits Times Index fell 0.12% after the Singapore Ministry of Manpower said that Singaporean unemployment fell to 1.8% in the third quarter from 2.8% in the second quarter. Analysts expected the third-quarter reading to be unchanged at 2.1%. 

S&P 500 futures fell 0.39%.

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Forex Trading Signal for 30,th October 2013

                                                                                


Japan (Tokyo)                               United Kingdon (London)                        USA (New York)

For more easy access,,,,,,Download our mobile application on your mobile :   Click Fxsignals 

EUR/USD

 Down Trend :

 (1) SELL

E/P: 1.37608

T/P: 1.37308

S/L: 1.38100

 

GBP/USD

Down Trend:

(1) SELL

E/P: 1.60675

T/P: 1.60375

S/L: 1.61100

NOTE: The above posted Signals are delayed 2 - 4 hours after it has been  generated.
Daily forex signals are sent ontime to only our subcribers.

To subcribe: click here

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Forex Trading Signal for 29th October 2013

                                                                                


Japan (Tokyo)                               United Kingdon (London)                        USA (New York)

For more easy access,,,,,,Download our mobile application on your mobile :   Click Fxsignals 

EUR/USD

 Down Trend :

 (1) SELL

E/P: 1.37873

T/P: 1.37500

S/L: 1.38200

 

GBP/USD

SELL Trend:

(1) SELL

E/P: 1.61515

T/P: 1.61215

S/L: 1.62000

NOTE: The above posted Signals are delayed 2 - 4 hours after it has been  generated.
Daily forex signals are sent ontime to only our subcribers.

To subcribe: click here

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Bond yields fall to six-month low as Italy sells 10-year debt

Italy saw borrowing costs fall to the lowest level since April at an auction of ten-year government bonds on Wednesday, amid easing concerns over the country’s economic outlook. 

Italy’s Treasury sold EUR3 billion worth of ten-year debt at an average yield of 4.11%, down from 4.50% at a similar auction last month.

Rome also sold EUR3 billion of five-year government bonds at an average yield of 2.89%, also the lowest since April and down from 3.38% at a similar auction last month.

In total the country sold EUR6 billion of government debt, in line with expectations.

The yield on Italian 10-year bonds stood at 4.148% following the auction.

Meanwhile, the euro held on to gains against the U.S. dollar, with EUR/USD adding 0.12% to trade at 1.3761.

European stock markets remained higher. Italy FTSE MIB Index rose 0.85%, the EURO STOXX 50 advanced 0.5%, France’s CAC 40 added 0.55%, Germany's DAX tacked on 0.4%, while London’s FTSE 100 inched up 0.45%. 

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Dollar steady before Fed meeting

The dollar was trading in narrow ranges against the other main currencies on Wednesday as investors awaited the outcome of the Federal Reserve’s latest policy meeting later in the trading day.

During European morning trade, the euro inched higher against the dollar, with EUR/USD edging up 0.08% to 1.3757, holding back from last Friday’s 23 month highs of 1.3831.

The Fed was not expected to announce any change to its USD85 billion-a-month asset purchase program on Wednesday.

Many investors instead expect the Fed to maintain its stimulus program well into the first quarter of next year, in order to safeguard the fragile U.S. economic recovery in the wake of this month’s 16-day government shutdown.

In the euro zone, data released on Wednesday showed that Spain’s economy emerged from a recession in the third quarter, for the first time since 2011. Spain’s economy expanded 0.1% in the three months to September, following a 0.1% contraction in the previous quarter.

A separate report showed that the annual rate of consumer inflation in Spain fell by 0.1% in the third quarter.

The dollar was little changed close to a one-week high against the yen, with USD/JPY easing up 0.04% to 98.23. 

Elsewhere, the dollar was slightly lower against the pound and the Swiss franc, with GBP/USD up 0.12% to 1.6065 and USD/CHF slipping 0.11% to 0.8980.

The greenback was lower against its Australian and New Zealand counterparts, with AUD/USD rising 0.33% to 0.9511 and NZD/USD climbing 0.32% to 0.8280. 

The greenback was also lower against the Canadian dollar, with USD/CAD edging down 0.16% to 1.0452.

The U.S. dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, edged up 0.13% to 79.50.

The U.S. was to release data on private sector payrolls for October later Wednesday, ahead of the U.S. nonfarm report, due for release on November 8, as well as a report on consumer inflation.

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