Sunday 26 February 2012

Goldwater Global Management Formally Opens Trading on Forex Options

2012-02-22 07:15:59 – After a successful introduction and contrast duration of a forex options with some comparison and active traders worldwide, Goldwater Global Management, a heading use provider of commodity futures and unfamiliar sell options trade services, has finally announced a central rising of a newest forex options trade height to tellurian clients.

The opening also covers a grave introduction of and risk government and trade strategies of trade mark and forex options in a joined accounts to all clients of Goldwater Global Management.

Powered by a best forex- driven trade technology, Goldwater Global Management’s forex options height has a absolute and manly displaying apparatus with an wholly variable interface facilitating trade activities directly from charts, finish reporting, and finish risk government trade tools. In this new trade services, forex options pricing will be supposing from tip partners and liquidity providers, generally on some-more than 20 banking pairs.

“We are really most anxious to declare such as good response to this newly determined trade beginning as good as unapproachable to be one of

a initial few in a over-the-counter forex brokers to yield mark and unfamiliar sell trade regulating a singular domain account. This opening exhibits another tactic pierce by a organisation in not usually in a United States marketplaces though also in a adjacent countries as it continues to strengthen a position in presenting rarely grown and innovative products and services,” pronounced Mr. Richard Miles, Goldwater Global Management’s Global Head for FX options Trading and Sales Division.

“As we continue to urge a tellurian services, we continue to explain supremacy since we trust that we can offer not usually a best workforce for a tellurian clients though a experts in a industry. For a final few months, we already have started a trade activities connected to unfamiliar sell options trade and we are unapproachable that some-more and some-more traders and investors are entrance to us, interrogation how they would advantage from this new use offering,” combined Richard Miles.

At Goldwater Global Management, brokers know that options offer some-more trade and risk government strategies that that of a mark trading. These options trade and risk manegenemt strategies can be custom-made for high and low volatility, neutral, bullish or bearish during any marketplace conditions. The new forex options trade use also offers discerning and fit vanilla options trade strategies.


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Saturday 25 February 2012

Forex: USD/CNH trades still next 6.3000

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Forex: EUR/USD binds during 1.3216

FITITOL–>

FXstreet.com (Barcelona) – The European event plunge, tighten to 50 pips, triggered by suddenly diseased Germany and EMU PMI information found support around 1.3216 area.

February’s PMI combination in a EMU forsaken to contractionary 49.7 from 50.4, when analysts approaching total during 50.6. However, recently expelled industrial new orders information prove montly expansion of 1.9% in December, above 0.7% consensus. Not so bad news.

Mataf.net analysts indicate to resistances during 1.3280, 1.3320 and 1.3500. On a downside, supports competence be found during 1.3205, followed by 1.3115 and 1.3030.


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Forex: EUR/USD binds during 1.3216

FITITOL–>

FXstreet.com (Barcelona) – The European event plunge, tighten to 50 pips, triggered by suddenly diseased Germany and EMU PMI information found support around 1.3216 area.

February’s PMI combination in a EMU forsaken to contractionary 49.7 from 50.4, when analysts approaching total during 50.6. However, recently expelled industrial new orders information prove montly expansion of 1.9% in December, above 0.7% consensus. Not so bad news.

Mataf.net analysts indicate to resistances during 1.3280, 1.3320 and 1.3500. On a downside, supports competence be found during 1.3205, followed by 1.3115 and 1.3030.


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FOREX-Euro relief proves fleeting; yen hits 6-mth low vs dollar

* Euro backs off previous day's high

* Markets take profits on recent gains following Greek bailout deal

* Dollar/yen stays firm, touches fresh 6-month high (Updates prices, adds comments)

SINGAPORE, Feb 22 (Reuters) - The euro struggled to make headway on Wednesday, having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal quickly gave way to concerns about economic growth and implementation risks.

The yen dipped against the dollar and touched a fresh six-month low, staying on the defensive after the Bank of Japan (EUREX: FMJP.EX - news) 's surprise monetary easing last week.

The euro held steady from late U.S. trade on Tuesday at $1.3232, down from Tuesday's high of $1.3293, which was the euro's highest level since Feb. 9. It faces resistance at $1.3308, the 100-day moving average.

"The euro had priced in a lot of the good news, in the sense that it had priced in already some form of agreement," said Mitul Kotecha, head of global foreign exchange strategy for Credit Agricole (Milan: ACA.MI - news) in Hong Kong.

"It's not surprising to see it struggling to break higher," Kotecha added.

While Greece's aid package helped ease fears of an immediate default, the country's economic outlook remained anything but rosy, a problem that could yet derail its efforts to meet tough cost-cutting measures.

Parliaments in three countries that have been most critical of bailouts - Germany, the Netherlands and Finland - must now approve the package. German Finance Minister Wolfgang Schaeuble, who caused an outcry by suggesting that Greece was a "bottomless pit", said he was confident it would be passed.

The dollar index edged up 0.1 percent to 79.136 as the euro floundered.

Against the yen, the dollar rose 0.3 percent to 79.961 yen at one point, its highest level since early August 2011.

The dollar has rallied roughly 5 percent from lows around 76.00 yen hit in early February, spurred in part by yen-weakness after the Bank of Japan's surprise easing last week.

"The pace of the yen's move in recent days looks unsustainable. But the yen has the ability to weaken further, although it's not going to do so in a straight line," analysts at Societe Generale (Paris: FR0000130809 - news) wrote in a note.

A trader for a Japanese bank in Tokyo said dollar offers were lined up at levels above 80 yen, while dollar buyers such as Japanese importers were placing bids at levels around 79 yen.

The dollar is now testing strong technical resistance from a cloud on the weekly Ichimoku chart.

The dollar has not managed to stay above the weekly cloud for any sustained period since mid-2007, and a breach of that resistance could give the dollar additional momentum against the yen.

The dollar has clawed above the bottom of the cloud at 79.73 yen, and faces more resistance at the cloud top, which comes in at 80.94 this week.

The Australian dollar held steady at $1.0658, more than a full cent lower from this week's high of $1.0817.

The Aussie dollar showed limited reaction to data showing that China's manufacturing sector contracted in February for the fourth straight month as new export orders dropped sharply in the face of the euro area debt crisis.

The HSBC flash purchasing managers index, the earliest indicator of China's industrial activity, rose to a four-month-high at 49.7 in February. The PMI has been below 50, which demarcates expansion from contraction, for most of the last eight months.

China's economic outlook is a focal point for market players, who fret that risk sentiment could take a hit if the country's economic growth were to slow down too sharply. (Additional reporting by Ian Chua in Sydney and Hideyuki Sano in Tokyo; Editing by Ramya Venugopal)


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Forex: USD/JPY stays next 80.00

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FXstreet.com (San Francisco) – The USD/JPY unsuccessful again to mangle above a psychological 80.00 turn on Tuesday, handling between 79.54 and 79.84 before finale a American event during 79.73, gaining 0.16% on a day.

According to Valeria Bednarik, Chief Analyst during FXstreet.com, “The hourly draft shows a clever miss of definitions with indicators prosaic around their midlines, while in bigger time frames, new innate bullish trend stays intact: in a 4 hours chart, indicators conduct north, RSI enclosed notwithstanding in overbought territory, while 20 SMA leads a approach higher, behaving as energetic support now around 79.45.”

In early Asia, USD/JPY is probably unchanged, with support levels remarkable during 79.45, 79.20 and 78.80, while insurgency levels distortion during 80.00, 80.25 and 80.60.


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E*TRADE Launches Retail Forex Trading

Wed, Feb 22, 2012, 11:18 AM EST - U.S. Markets close in 4 hrs 42 mins

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