domingo, 20 de mayo de 2007

Fundamentals Forex

In the FX markets, the buckhas sold off even though today’s US data is more dollar positive than negative,purely because buyers are starting to become scarce ahead of critical resistancelevels. Inflation is the Fed’s primary focus, which made today’s report onconsumer prices even more important. After yesterday’s sharp movements in thecommodity and stock markets, today’s theme has been retracements. Yetthe Fed has chosen to focus exclusively on the inflation component at the risk ofgrowth. Read more here. The Fed’s Beige Book is already showing signs ofthis impact as many of the districts report slower growth and higher inflation. The pickup in mortgage rates has made renting a far moreattractive option than owning. Therefore until the nextmeeting, even if we do see the dollar give back more of its gains, it will probablynot come close to 1.30 in the EUR/USD as the fear of how far the Fed will go keepsdollar bears cautious of taking on new positioning. Oil and goldprices are both slightly higher, along with the Dow. The US dollar’s rally over the past month has become extremely overextended and the market is finally beginning to feel it. The higher mortgage rates rise, the more risksit poses for the housing market. US Dollar. Meanwhile tomorrow we areexpecting the TIC data, also known as the report on net foreign purchases of USsecurities. This strong pace of growth hassent rate hike expectations to 100 percent, with the market already beginning toprice in a tiny chance for another hike in August. This is a dangerous game to play, but with such solidarity behind theirdecision to unanimously tell the markets that another quarter point rise will becoming in June, it is a message that we cannot ignore. Although it mayseem like only a mild up tick from the 0.2 percent forecast, the three monthannualized rate of core inflation, the number that Bernanke is keeping an eye on,hit 3.8 percent, the highest level in over a decade. Bond yields has risen as traders price in higherrates, but at the same time the yield curve has inverted further, indicating thatthe market believes the higher interest rates will have a big impact on growth.Even though the rise in owners equivalent rent is an immediate inflationary concern,it is also a longer term headache. Talk of reserve diversification over the past few months could bringabout a weak number, which would extend the dollar’s losses. Headline prices rose 0.4 percent while coreprices rose 0.3 percent, which was slightly stronger than expected. However, a closer look at thereport shows that a large part of the rise was due to the higher cost of ownersequivalent rent.
Fundamentals Forex

If retail sales do come out extremely weak, the market will wonderwhether Bernanke is playing with fire, risking a global slowdown to combatinflation. With oil prices still hovering above $70 a barrel, if anyhurricanes this summer hit the US oil and gas heartland along the Gulf Coast, wecould easily see another record high in crude, which could pose another risk to thesustainability of consumer spending. He is slated to speak this evening and thenonce again in the morning and in all likelihood, he will stick to the script on BankSupervision because he knows that if he fails to affirm his newly hawkish stance,all credibility would probably be lost. Read more here. Financial editors of the press havehad a blast touting his keen ability to confuse the markets which comes in clearcontrast to the transparency, clarity and simplicity that he initially promised whenhe became Federal Reserve Chairman. Bernanke’s credibility has really come to question over the past fewdays and will be tested even more so this week. If the US consumer goes, so does the USdollar. Meanwhile the hurricaneseason begins with warnings that the season’s first Tropical Storm Alberto could benamed a hurricane. The foreign exchange market has been extremely quiet today with most currency pairs aside from the Canadian dollar calmly consolidating....The next few days will be verybusy as traders prepare themselves for a long list of key economic data scheduledfor release from all of the major countries around the world as well as a number ofFed speeches. These will be watched even more closely than they usually are because ifneither confirms the strong inflation concerns of the Fed, Bernanke’s credibilitywill be in question once again, which would be negative for the US dollar. Structural problems have been plaguing the US economy for years and basedupon the latest figures, it is far from being resolved. The onlypiece of economic data that was released today was the US’ monthly budget statement,which reported a larger deficit of -$42.8 billion compared to a -$35.4 billionforecast. When trading forex long term it is good to keep an eye on forex fundamentals, so here is a brief overview of what is going to happen with major currencies.S Dollar. Of the other Fed officials that spoke today, they either refrained frommentioning monetary policy or simply repeated their concerns with inflation.Whether inflation is really prevalent will also be proved this week as we first seethe producer price index tomorrow morning and then the consumer price index onWednesday. However as long as the US consumer holds on, the Fed will be able to aswell, which would validate and exacerbate the greenback’s recent climb * so keep aneye on weather patterns as well as retail sales. Given earlier signs of slower growth, thisweek’s data, starting with tomorrow’s retail sales report could potentially surpriseto the downside.
Trade Online Education Helps FOREX Currency

You can subscribe to the mailing list on the FOREXBusinessSchool.com contact page to receive updates.Read more here. This educator advantage does not exist with currency trader training programs that are affiliated with dealers and brokerage houses."We will undoubtedly make FOREXBusinessSchool.com the very best online training source for people interested in, or involved with, online currency trading" said Leonard Cox, program developer for the online FOREX school.Many educators and investment experts are previewing drafts of the FOREXBusinessSchool.com curriculum. FOREXBusinessSchool.com currency trade education has conducted research aimed at identifying the training needs of FOREX traders... Boston, MA -- (SBWIRE) -- 06/13/2006 -- Staff of FOREXBusinessSchool.com, determined that, especially due to the "investor beware" climate of the FOREX markets, there is a need for an independent source to provide currency trader training.The FOREXBusinessSchool.com program is being developed by college educators who are experienced investment and finance professionals. The preliminary ratings of FOREX Business School are excellent. who want to increase their chances of success.
They New Online Opportunity Once Business Helps Succeed Entrepreneurs Where Failed

But less than 1% ever actually generate any income from their venture.Now there is an opportunity that lives up to its promises. With PAS, business owners focus on getting prospects to visit their website and from there a trained PAS representative does the follow up and closes the sale. Backed by 12 years of experience, the Prosperity Automated System (PAS) is a new type of network marketing that is allowing entrepreneurs to succeed where they once failed."The complete automation of PAS, from the presentation of the opportunity to the professional follow through by the team leader staff among other things, truly remove many of the variables potentially responsible for past failure rates” says Amber Barth, a PAS business owner. Alexandria, VA, June 13, 2006 --(PR.COM)-- The number of new online businesses started every year is growing at an astounding rate. Enticed by promises of a three-hour workweek and a million dollar salary, people are convinced that all they have to do is build their own website and they’ll be rich. “With a bit of effort, I believe anyone, regardless of their background can have success with this business."As its name suggests, the Prosperity Automated System is an automated system for earning money online. Unlike other network marketing businesses, members do not have to spend time cold calling, answering customer questions or following up with prospects.Read more here.
up Gold, drop, talk rate dollar on extend oil

After more than a month of steady declines, it has now lost all of its gains for the year. The tech-heavy Nasdaq composite index fell for the eighth straight day, dropping 0.9% to 2,072.47. Investors have dumped riskier assets and moved their money to dollars since May on worries that the US Federal Reserve would be forced to raise rates for the 17th straight time at a meeting on June 28-29 to stymie inflation despite signs that the world's biggest economy and Asia's biggest export market was slowing. The rate expectations helped push the dollar to a seven-week high against the euro and yen in New York and kept them near those levels in early Asian trading on June 14. Spot gold plunged to US$561 (RM2,070) an ounce to notch up a 22% drop in the past month. The losses in Asia spilled over into Wall Street where the Dow Jones industrial average dropped 0.8% to 10,706.14 yesterday. "Unless some fresh and strong incentives come out, money is likely to keep flowing back to dollar assets."Read more here. Gold, metals and oil extended losses on June 14 as investors dumped higher-risk assets, Japanese stocks regained lost ground and the US dollar set a seven-week high on persistent talk of higher US interest rates. Japan's Nikkei stock average (N225) dropped almost 1% at the start but clawed back the losses and registered a 1.05% gain, thanks to advances by retailers such as Aeon Co which are dependent on the domestic economy. The insipid recovery in Tokyo was reflected in other Asian stock markets with South Korea's benchmark KOSPI rising 0.9% and Taiwan's key index adding 0.85%. Tokyo shares had their biggest one-day percentage fall in two years on June 13. June 13's drop in gold prices was its sharpest decline in 15 years. "The market continues to see movements linked to risk aversion," said Kota Kimura, forex manager at Shinkin Central Bank.
Big You Seven Should Won�t (But Professors Things Teach You Know)

If you plan on a future in finance, you�ll need a grounding in financial theory. This is all well and good. And if you�re thinking about studying finance in college or graduate school, be prepared to be lectured on those topics and more during your coursework. If so, then terms like present and future value, efficient market theory, capital budgeting, arbitrage pricing and a whole slew of other exciting phrases are becoming part of your vocabulary. It is my intent to provide you with something of a guide to help you go beyond your text books and take your financial education to another level. That all falls under the umbrella of �practical knowledge� which is not what college curricula are generally designed to pass along to young, eager minds looking to learn.Have no fear, though! While it�s impossible to cover everything you could possibly want to learn in this brief space, here you will be given seven specific areas of focus. Your instructors won�t teach you the good stuff, the stuff that can really help you excel in your job or make money in the markets. This report will help fill in the gaps. Here�s the problem, though. From there you�ll be able truly accelerate your growth at a rapid pace, allowing you the opportunity to have more success.Read more here. Are you studying finance?
Into Forex An Greed Trader Force Can Early Remote The Retirement

It’s the effort that the remote forex trader will expend trying to make a profit that creates the market movement that enables you, as a remote forex trader, to succeed. The desire to make money is what motivates a remote forex trader to become successful. As it turns out, after momentarily shooting to $10.03, the price stops rising and starts to go down.Read more here. The volume is still building; it's stable at the current price; the market is rallying strongly; and it looks like it will go higher. The remote forex trader buys 1,000 shares at $6 a share. But the desire to succeed is different from the desire to get every bit of possible profit from a trade. This kind of reckless greed makes a remote forex trader hold on to their position long after the downside has started to outweigh the upside, until risk outweighs potential reward. Here's an example: a remote forex trader sees that a particular stock is starting on a run; it's reported good news and is already up 20% for the day. Athor makes few good points so i think it will be good to read and reread it. In the markets, greed is often a good thing. It is what drives companies to perform well, and what drives much of the markets movement. I recently found an interesting article about currency trading and greed. By 12:15 P.M., the stock has raced up to $10 - a gain of over 66% for the day, and a profit of $4,000 on 1,000 shares. This remote forex trader knows that round number price points, like $10, are psychological barriers for the remote forex trader and that if a stock is going to stop rising, it will probably be near a point like this.
of End news ADVISORY KWS May - 20 for cycle

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Timor occurs as president, in E. clash sworn Ramos-Horta

Ramos-Horta was sworn in by parliament chief Fransisco ''Lu-Olo'' Guterres at a ceremony in the heavily guarded national parliament building in Dili, which was attended by parliament members and diplomats.

Nobel Peace Prize winner Jose Ramos-Horta was sworn in as the new president of East Timor on Sunday, urging East Timorese to promote tolerance, but a fresh violence erupted in the capital Dili.
largest lottery 563 yen 2nd Japan's prize Soccer: million logged of

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killing allegedly mother karaoke went Fukushima to after teen

The police are examining security-camera images provided by the karaoke shop to back up his testimony and uncover his behavior before he turned himself in with the mother's severed head after the suspected murder in the city of Aizuwakamatsu, the sources said.

An arrested 17-year-old boy has told police that he went to a karaoke shop after killing his mother last week at an apartment in Fukushima Prefecture, investigative sources said Sunday.
as Timor Ramos-Horta in president, occurs clash E. sworn

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sent for gunman murder prosecutors Aichi attempted to

Police sent to prosecutors Sunday a former gangster in Aichi Prefecture on suspicion of attempting to murder two of his children and a police officer in the Thursday-Friday shooting spree at his home. The police said they are also trying to build a murder charge against Hisato Obayashi, a former member of a gang linked to Japan's largest crime syndicate Yamaguchi-gumi, for allegedly fatally shooting another police officer, Kazuho Hayashi, 23, at the incident site in the town of Nagakute.
activities in cooperative revitalize villages help farming to Gov't

The farm ministry plans to carry out a ''social capital'' program to subsidize and help revive cooperative activities in agricultural villages in a bid to revitalize those rapidly aging villages, ministry officials said Sunday. But they are now on the verge of extinct as many of the farmers who are community leaders have reached retirement age in their 50s and 60s.
Cooperative community activities have long served as the traditional core functions of agriculture production and life in Japan.
with makes 15-year-old Golf: Ishikawa victory Munsingwear history

Ishikawa, a 15-year-old former national junior high school champion, upstaged the top pros in the field with a one-shot win following a 6-under-par 66 in the final round on a day when 36 holes were played in a tournament affected by bad weather.

High school student Ryo Ishikawa put his name in the history books in Japanese golf Sunday by becoming the youngest winner on the men's professional tour at the Munsingwear Open KSB Cup.
Fukushima mother after to teen killing karaoke allegedly went

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sent Aichi gunman for attempted murder prosecutors to

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British US rates month rates overtake soon as as next may

The Yen on Monday dropped to record lows against the Euro and fell to its lowest against the Dollar since February after the Group of Seven passed over the issue of the Japanese currency?s weakness. GbpUsd rallied to 1.9940, its highest since September 1992.At weekend meeting in Washington, G7 finance ministers reiterated calls for exchange rates to reflect economic fundamentals and urged greater currency flexibility in China. Total sales increased by 0.7% in March, core sales (ex- autos) rose by 0.8%; almost half the gain was due to the surge in gasoline prices, which pushed up the value of sales at gasoline stations by 3.1%. Investor?s appetite for high-yielding currencies also helped propel Sterling to a near 15-year peak above 1.99 as strong British data reinforced the view that the Bank of England will raise interest rates again as soon as next month. Yesterday's rise in the value of US retail sales was largely due to higher energy prices.