EURUSD

seems like it should of launched north with french news.. i guess they are waiting for the rest.

2:30am EUR
German Flash Manufacturing PMI..........central times

50.249.6
2:30am EUR
German Flash Services PMI

52.552.1http://cdn.forexfactory.com/images/m...us_revised.gif
3:00am EUR
German Ifo Business Climate

92.191.3
3:00am EUR
Flash Manufacturing PMI

50.249.3http://cdn.forexfactory.com/images/m...us_revised.gif
3:00am EUR
Flash Services PMI

51.450.9http://cdn.forexfactory.com/images/m...us_revised.gif
3:30am GBP
Prelim GDP q/q

0.2%-0.6%http://cdn.forexfactory.com/images/m...us_revised.gif
3:30am GBP
BBA Mortgage Approvals

39.7K38.1K
3:30am GBP
Index of Services 3m/3m

0.1%-0.2%
4:00am EUR
Industrial New Orders m/m

yea its gotta lotta selling pressure on it right now....ill be shorting if numbers come out >.2 on uk gdp

I heard that. A hot french Flash gets you 10 pips up? Hardly a bullish vote of confidence. I think the GBP is gonna blow up and sink the euro.

That's my fantasy for the wee hours anyway.

first shot?
[RUMOURS] are doing the rounds in London that the [LATVIAN GOVT] has resigned. No one at this stage is able to back the rumours up with any facts. [EUR/LVL] is right at the top of the its permitted range at 0.7090/ 07:11 GMT -

yep but the DAX seems to want more up so I guess the nbigger retrace to ur trendline wont happen.

Just had a fanstatic trade on the DAX long 5827 and 5823 exited 5833 and 5829,5.
That is more then my daily target on the DAX.

waiting again for EUR to get the right setup.

Kind Regards,
The Cat

Hee hee hee....full marks for passion!

ouch?

[BOE'S POSEN] in Scotland, and speaking ahead of the prelim Q3 GDP release, says he is still concerned about the near term economic outlook even as conditions have improved over the past year. Posen in recent days has spoken in favour of QE but adds policy will have to be reversed in the m/term. Reiterating earlier comments MPC [DALE] says the challenge ahead for the BoE is how quick it withdraws its non-standard stimulus adding that this should be done on a month-by-month basis whilst keeping an eye on inflation. As we head towards the key Nov 5 convene, and following the 9-0 vote on QE revealed by the Oct minutes, the upcoming decision on whether to extend the non-standard policy is still very much open to debate. Dale perhaps may side with those voting against more QE judging by previous warnings that substantial injections of liquidity could result in unwarranted increases in some asset prices.

Yeah, I'm thinking it won't either......I might go long very shortly in fact

The German Ifo Business Climate will expect better in all areas. for the month of october, for the whole year and the business expectations

morning all..

KACHING!

Mixed news, this time from Germany where manufacturing PMI cleared the 50 mark by some margin but services PMI faltered and fell back to 50.9. Importantly this still above the contraction/expansion mark, and against the French data and the IFO rumours, traders continue to buy the Euro. [EUR/USD] now 1.5020 but running into offers from the same EU semi official account around 1.5020-25.

I have the same trade.....you might be interested in this this site....www.zulutrade.com

[COMMODITIES] rangebound. Oil and gold consolidating close to the highs. Strong fund bids seen on dips in [NYMEX] keeping it ahead of Usd 81, but chatter that late NY saw call strike profit taking dampening upside below the recent Usd 82 high. Some chatter fundamentals do not support high prices with US refiners running at historically low levels against distillate stocks up 43%y/y and broker talk that the rapid move higher is running out of momentum, although dips back towards Usd 75 seeing as good buy levels. [GOLD] likewise mid-range at Usd 1058.70, but some with wire reports that Russia to sell 45 m/t of bullion - Russia is not part of the 19 member CB Gold Accord. Some mkt talk that mth end factors to see funds trim their heavy net longs next week, whilst SDPR ETF holding have stabilised after slipping back Wed.

[RUSSIAN CB] on the wires confirming they bought USD 1bn on FX markets yesterday as the [ROUBLE] continued to strengthen, outperforming wider EMEA FX markets, and has bought USD 500mn so far today. This morning the CB moved its intervention level down to 35.50 vs the EUR-USD basket from yesterday's 35.55 and we estimate the CB would have bought close to USD 5bn on FX markets this week, as the RUB started on Mon trading at 35.85 against the basket.

nice website

Though not traded for all movements yet lower tf giving strong bull to start.1.5032/21 levels to observe ,if bounce I will take long,if not ( below 1.5010) short again carefully.
fontu

The [GERMAN OCT IFO] survey (at 8GMT) is seen levelling to a tad firmer vs previous as some of the exuberance over the global recovery has lost some zip after mixed PMIs (manuf strong/services weak) & somewhat softer Oct ZEW (first fall in 3 months). The key manuf survey may also show the effect of the strong Euro (vs Dollar & Sterling) as late Sep/early Oct saw the EU bloc currency punch through key levels. Recent component readings have seen the Business Expectations/Climate index rise 6-8 mths in succession resp but we would not be surprised to now see a flat reading. This would also chime with post last month's IFO Finn who then predicted growth after a decline, but also opined that a difficult situation in the labour market may sap sentiment though post G20 markets have rallied as the threat of stimulus removal has receded. IGM f/c 91.3 for headline, 95.5 expectations, though there are rumours for a strong 95. 07:50 GMT - [EUROZONE PRELIMINARY OCT PMIS] due at 07.58GMT are f/c to increase again after (on the whole) better than expected PMI reports from France and Germany (services softer in the latter). Markets estimates for the Eurozone manuf print centre on 50.1 (vs 49.3 in Sep) while the service sector is seen rising to 51.4 vs 50.9 previously. Earlier figures showed French manuf rose to 55.3 (53.4 f/c) vs 53 in Sep while services blasted ahead with 57.8 (f/c 53.9) and followed 53.2 before. German manuf PMI meanwhile breached the key 50 level with a 51.1 reading (50.2 f/c) vs 49.6 in Sep while services eased to 50.9 (52.5 f/c) from 52.1 prev. The rapid increases in Oct suggests the pace of growth may have picked up in Q4 after what is likely to have been a fairly anaemic Q3 (OECD expects 0.1% q/q).

why this strong move down on a 5 min and 15 min chart any news ???

I'm tellin ya the euro's got the stink of sh&t on him.

Yes 3 eur news together ,positive and first reaction down to the pivot & next should be UP.1 long taken.
fontu

Sell the fact.