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You are currently browsing the Forex Blog – Trading on Foreign Exchange Market weblog archives for October, 2011.

Breaking News

Europe: Greece to Hold Referendum on Debt Deal in December or January

CalculatedRisk @ October 31, 2011 # Comments Off

This was announced earlier today, but this story has the timing. From the NY Times: Greece to Hold Referendum on New Debt Deal Prime Minister George Papandreou announced Monday night that his Socialist government would hold a rare national referendum …

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Fannie Mae and Freddie Mac Serious Delinquency Rates mixed in September

CalculatedRisk @ October 31, 2011 # Comments Off

Fannie Mae reported that the Single-Family Serious Delinquency rate declined to 4.00% in September. This is down from 4.03% in August, and down from 4.56% in September of 2010. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%.

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FOMC, ECB, RBA Meetings: What is Priced in?

Kathy Lien @ October 31, 2011 # Comments Off

The Federal Reserve, European Central Bank and the Reserve Bank of Australia have monetary policy meetings scheduled this week and some investors expect these central banks to change monetary policy. Here’s what the market is pricing in according to interest rate futures. You can compare them with the Central Bank expectations back in September. [...]

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Restaurant Performance Index increased in September

CalculatedRisk @ October 31, 2011 # Comments Off

From the National Restaurant Association: Restaurant Performance Index Rose Above 100 in September, as Sales and Traffic Levels Improved
Buoyed by stronger same-store sales and customer traffic levels, the National Restaurant Association’s Restauran…

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Dallas Fed Manufacturing Survey shows sluggish expansion

CalculatedRisk @ October 31, 2011 # Comments Off

This is the last of the regional Fed surveys for October. The regional surveys provide a hint about the ISM manufacturing index – and the regional surveys were mixed and still weak in October, but improved from August and September.

Dallas Fed: Texas …

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Micro Forex Trading Accounts

About.com Forex Trading @ October 31, 2011 # Comments Off

You may have heard of mini forex accounts, but have you heard of micro forex trading accounts?
Have you been trading using standard lots, or mini lots? There is another option.

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Chicago PMI at 58.4, down from 60.4 in September

CalculatedRisk @ October 31, 2011 # Comments Off

From the Chicago ISM Chicago Business Barometer™ Stabilized: The Chicago Purchasing Managers reported the CHICAGO BUSINESS BAROMETER stabilized in October. The Business Barometer marked a 25th month of expansion, yet the 3 month moving average for th…

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Mario Draghi takes over at ECB tomorrow, FT Cartoon

CalculatedRisk @ October 31, 2011 # Comments Off

A cartoon from the FT Alphaville: E*C*B
[This] appears on page 8 of the FT’s UK print edition. It’s like one of them Renaissance allegory paintings … Interpretations welcome.
I’m not sure about the meaning, but I liked the play on M*A*S*H.

Mayb…

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Sunday Night Futures: Japan Intervenes in foreign-exchange

CalculatedRisk @ October 31, 2011 # Comments Off

From the WSJ: Japan Intervenes on Yen [T]he Japanese government launched a new foreign-exchange intervention on Monday, Finance Minister Jun Azumi said … The intervention came after the dollar fell to a post-World War II record low of ¥75.31 in earl…

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Daily Forex Analysis – October 31, 2011

ForexCycle.com @ October 31, 2011 # Comments Off

USDCHF Analysis. USDCHF stays below a downtrend line on 4-hour chart, and remains in downtrend from 0.9082. As long as the trend line resistance holds, downtrend could be expected to continue, and next target would be at 0.8350 area, only a clear break…

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