GBP/USD and EUR/USD

Boehner Says Obama Refused Budget Negotiations in Meeting

By Roxana Tiron, Kathleen Hunter & Richard Rubin - Oct 3, 2013 7:25 AM GMT+0700


http://www.bloomberg.com/image/iCzgykXWH7.0.jpg

U.S. President Barack Obama, pictured, said House Speaker John Boehner should allow a vote on a bill to reopen the government, which the president said would pass on a bipartisan vote.



House Speaker John Boehner said President Barack Obama refused to negotiate in a meeting with top congressional leaders about the government shutdown, signaling a lack of progress on resolving the fiscal impasse.

As he exited a meeting today at the White House, Boehner said Obama must recognize that the U.S. has a divided government.

“The American people expect their leaders to come together and try to find ways to resolve their differences,” said Boehner, an Ohio Republican.

Obama met with Boehner and the other congressional leaders for more than an hour. The president said earlier that he was “exasperated” with some House Republicans.

“The House could act today to reopen the government and stop the harm this shutdown is causing to the economy and families across the country,” the White House said in a statement after the meeting. “The president remains hopeful that common sense will prevail.”



http://www.bloomberg.com/news/2013-1...n-meeting.html

It's Time to take a Vacation from the Market ?

Tsar can I chat with you in private? do you have Skype?

intriguing maneuver
http://s2.ipicture.ru/uploads/20131004/fTUgdJgq.png

hi what indicator are u using in the bottom of your screen shot? would like to know

How do You think, will the price bounce down from resistance?

Cable in H1 Chart

Cable inH4 Chart...

how are you Tsar....

Cable in Daily Chart...

Fine, Bro
I wish you're Well too. I'm glad see you again

Too Busy in Real Life. Just Re-visit again...

Fed Slows Purchases While U.K. Growth Picks Up: Global Economy
By Vince Golle Jan 25, 2014 11:00 PM GMT+0700


The global economic expansion is speeding up, data this week are projected to show. In the U.S., a gain in fourth-quarter gross domestic product probably completed the strongest six months of growth in almost two years for the world’s largest economy. The pickup combined with progress in the labor market means Federal Reserve policy makers meeting this week may ease up again on the monetary accelerator.

http://www.bloomberg.com/news/2014-0...l-economy.html



BlackRock’s Fink Warns of ‘Too Much Optimism’ in Markets
By Catherine Bosley and Jana Randow Jan 25, 2014 11:15 PM GMT+0700


BlackRock Inc. (BLK) Chief Executive Officer Laurence D. Fink warned there is “way too much optimism” in financial markets as he predicted repeats of the market turmoil that roiled investors this week.

“The experience of the marketplace this past week is going to be indicative of this entire year,” Fink, 61, told a panel at the World Economic Forum in Davos, Switzerland today. “We’re going to be in a world of much greater volatility.”

http://www.bloomberg.com/image/iqoAQqv.DpcE.jpg
Laurence Fink, chief executive of BlackRock Inc., listens during a panel session on day...


http://www.bloomberg.com/news/2014-0...optimism-.html

Euro zone to assure IMF it will keep funding Greece: EU official
BRUSSELS Fri Jan 24, 2014 11:57am EST


http://s1.reutersmedia.net/resources...=CBREA0N1B4L00
A statue depicting European unity is seen outside the European Parliament in Brussels September 5, 2013.


(Reuters) - The euro zone will assure the International Monetary Fund in coming months that it will continue to bankroll Greece, enabling the IMF to disburse its share of international aid to Athens, a senior European Union official said on Friday.

Progress in Greek reforms, undertaken by Athens in return for international financial aid, will be among the topics for talks among euro zone finance ministers, called the Eurogroup, at a meeting on Monday.


http://www.reuters.com/article/2014/...A0N18X20140124



Exclusive: Global regulators eye forex benchmarks after rigging probe
By Douwe Miedema

WASHINGTON Fri Jan 24, 2014 3:39pm EST


http://s1.reutersmedia.net/resources...=CBREA0N1FVW00
A money changer inspects U.S. dollar bills at a currency exchange in Manila January 15, 2014.


(Reuters) - A powerful global financial regulator will scrutinize benchmarks used in currency trading, it said on Friday, a first sign that the largely unregulated market may be kept on a tighter leash after allegations of manipulation.

The Financial Stability Board, which coordinates regulation for the Group of 20 leading economies, is already working on a reform of interest rate benchmarks after the Libor interbank rate-fixing scandal.

"The FSB is in the process of defining the work it will do on issues around FX benchmarks," the Swiss-based agency told Reuters in an emailed statement.


http://www.reuters.com/article/2014/...A0N1H920140124

UK's Labour vows to up tax on rich if elected
Published: Saturday, 25 Jan 2014 | 8:04 AM ET

Britain's opposition Labour Party promised on Saturday to balance the government's books and deliver a budget surplus in the next parliament if it won the 2015 election, aided by reintroducing higher tax rates for the nation's top earners.

Ed Balls, Labour's would-be finance minister, made a binding commitment to clear the deficit of nearly 80 billion pounds ($132 billion) and deliver a surplus in his budgets, and to put national debt on a downward path by 2020.


http://fm.cnbc.com/applications/cnbc...g?v=1390655335
Ed Balls

http://www.cnbc.com/id/101363766



Economic shifts in US and China batter markets
Published: Saturday, 25 Jan 2014 | 5:08 AM ET

By: Nathaniel Popper

The ascent of developing countries over the last decade has been fueled by two global trends: the steady rise of China and the willingness of the Federal Reserve to stimulate the economy.

Now, with both trends starting to retreat, investors have been heading for the exits in markets as far removed as Buenos Aires, Istanbul and Beijing, with effects spilling over into the rest of the world.


http://www.cnbc.com/id/101363578

Fed in focus after emerging market mauling
By Philip Blenkinsop
BRUSSELS Sun Jan 26, 2014 2:06pm EST


http://s1.reutersmedia.net/resources...=CBREA0P1H2D00

A money changer counts Turkish lira bills at a currency exchange office in Istanbul January 24, 2014.



(Reuters) - The U.S. Federal Reserve will take center stage in the week ahead with a widely expected cut to its bond-buying stimulus, responding to an improving U.S. economy but also helping fuel a dramatic emerging market sell-off.

Argentina, Turkey and Ukraine felt the full force last week of a global flight from developing world assets as investors grew concerned about slower growth in China and U.S. monetary tightening, as well as the countries' own problems.

Fed policymakers are expected to confirm the tightening trend during their Jan 28-29 meeting, notably also for being Ben Bernanke's last as chairman before vice chair Janet Yellen takes charge.


http://www.reuters.com/article/2014/...A0P0N220140126



Analysis: Emerging market investors find some places to hide
By David Randall and Ashley Lau


NEW YORK Sun Jan 26, 2014 5:28pm EST


http://s1.reutersmedia.net/resources...=CBREA0P1EJP00

Turkish lira banknotes are seen in this photo illustration taken in Istanbul January 7, 2014.



(Reuters) - After a scary sell-off in emerging markets in the past week, investors who specialize in the sector are looking for places to hide while also looking for opportunities to benefit.

And that means finding countries that have stronger economic underpinnings and political stability, while abandoning or betting against those whose current account balances and government budgets are deeply in the red and where there is political turmoil.

The declines have been triggered by signs of weakness in the Chinese economy, including fears it may eventually face a debt crisis, and concerns about how much hot money may exit some markets as the U.S. Federal Reserve pulls back from its bond-buying program. The stimulus that program has given the world economy in the past few years is widely credited with big gains in stocks and other asset prices.


http://www.reuters.com/article/2014/...A0P0KV20140126

Economy growing at fastest pace since financial crisis


Official figures to show UK economy grew by 1.9 per cent last year – the fastest pace since the financial crisis struck seven years ago


http://i.telegraph.co.uk/multimedia/...e_2803917b.jpg


By James Kirkup, and Szu Ping Chan

8:00PM GMT 27 Jan 2014


The British economy is growing at the fastest pace since the financial crisis struck seven years ago, official figures will confirm on Tuesday.

The latest positive sign on the economy came as Vince Cable, the Business Secretary, said Britain is now experiencing “a real recovery” and business leaders spoke of “real upsurge”.

However, he also warned that there were significant risks to a sustained recovery, particularly the housing market.

Official figures are expected to show the economy grew by around 0.8 per cent in the last quarter of 2013.

That would mean growth last year of 1.9 per cent in all, the biggest annual expansion since 2007, when the financial crisis began.



http://www.telegraph.co.uk/

Yellen Faces What Bernanke, Greenspan Couldn’t Do: Ease Bubbles

By Rich Miller Jan 28, 2014 12:00 PM GMT+0700


http://www.bloomberg.com/image/iRtPuoTcaOeI.jpg



Janet Yellen probably will confront a test during her tenure as Federal Reserve chairman that both of her predecessors flunked: defusing asset bubbles without doing damage to the economy.

The central bank’s easy money policies already have led to pockets of frothiness in corporate debt and emerging markets. The danger is that unwinding such speculative excesses will end up shaking the financial system and hurting growth.

Yellen is “going to be trying to do something that no one has ever done,” said Stephen Cecchetti, former economic adviser for the Bank for International Settlements, the Basel, Switzerland-based central bank for monetary authorities. She needs “to ensure that accommodative monetary policy doesn’t create significant financial stability risks,” he said in an interview.



http://www.bloomberg.com/

(1,6612) The CABLE formed a positive day reversal while however remaining interior the negative key outside day reversal with 1,6680 – 1,6465 still the levels to follow in the coming hours. Only a daily closing below 1,6465 will confirm a s/t top supporting direct lower levels!
Read more: Trading Look