06-Jun-2011 USD/CHF [STRATEGY] SELL AT .8380 FOR [.8228] OBJECTIVE, STOP AT (.8460)
06-Jun-2011 EUR/USD [POSITION] LONG AT 1.4420 FOR A [1.4711] OBJECTIVE, REV STOP (1.4510)
06-Jun-2011 GBP/AUD [STRATEGY] ADJ SELL AT 1.5385 FOR A [1.5045] OBJECTIVE, STOP AT (1.5450).
06-Jun-2011 CHF/JPY [POSITION] LONG AT 94.25 FOR A [97.65] OBJECTIVE, REV STOP AT (95.35).
06-Jun-2011 CAD/JPY [STRATEGY] SELL AT 82.80 FOR A [80.50] INITL OBJECTIVE, STOP AT (83.30)
06-Jun-2011 EUR/JPY [POSITION] LONG AT 116.80 FOR A [118.50] OBJECTIVE, STOP AT (115.74)
06-Jun-2011 USD/JPY [STRATEGY] SELL AT 80.45 FOR [79.57] OBJECTIVE, STOP (81.03)
Senin, 06 Juni 2011
Jumat, 26 November 2010
MARKET TALK: USD/JPY May Rise To 87.00 In December - Dealer
0641 GMT [Dow Jones] USD/JPY may rise, possibly to 87.00 sometime in December on any further gains in U.S. Treasury yields, says Hideki Amikura, deputy general manager at Nomura Trust and Banking. "The main driver for further gains would be continued rises in Treasury yields, particularly in the short zone." Many investors watch spreads between short-dated U.S.-Japan government debt as indicator for direction to take on pair. Says continued tensions on Korean peninsula may also help USD/JPY. While both USD, JPY considered safe havens, investors likely to prefer USD to JPY given Japan's proximity to conflict. "The tensions will probably continue to prompt some global investors to consider trimming their yen holdings further." U.S., South Korea to commence 4-day joint naval exercise in Yellow Sea on Sunday, following North Korea's shelling of South Korean island there earlier this week. USD/JPY last at 83.86 after hitting fresh near 8-week high at 83.92.(andrew.monahan@dowjones.com)
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com
Kamis, 25 November 2010
Seputar Nakamura dengan JPY nya
MARKET TALK: JPY Crosses Down; EUR/JPY Targets 110.50 - Dealer
0216 GMT [Dow Jones] JPY crosses down further, dragged in part by weakness in NZD, AUD, as risk-sensitive units remain under pressure amid continued concern over tensions on Korean peninsula; EUR/JPY could fall to 110.50 later in global day, says Hideaki Inoue, senior FX dealer at Mitsubishi UFJ Trust and Banking. EUR/JPY marks fresh intraday low at 111.02, last 111.25. EUR/USD also hits fresh intraday low at 1.3307, last 1.3330. But adds despite euro-zone sovereign debt concerns, relatively stable European economic indicators suggest that recent EUR-selling may be overdone. "Certain European indicators have just refused to go down." Data overnight showed Germany's Ifo business climate index rose in November to its highest since Germany's reunification. Says as long as indicators in euro-zone remain mixed, "I'm skeptical that we'd see euro-dollar falling to $1.3000," despite some players' view pair could break that psychologically key level in coming weeks. (andrew.monahan@dowjones.com)
Contact us in Singapore. 65 64154 140;
MarketTalk@dowjones.com
MARKET TALK: JPY Crosses Down; EUR/JPY Targets 110.50 - Dealer
0216 GMT [Dow Jones] JPY crosses down further, dragged in part by weakness in NZD, AUD, as risk-sensitive units remain under pressure amid continued concern over tensions on Korean peninsula; EUR/JPY could fall to 110.50 later in global day, says Hideaki Inoue, senior FX dealer at Mitsubishi UFJ Trust and Banking. EUR/JPY marks fresh intraday low at 111.02, last 111.25. EUR/USD also hits fresh intraday low at 1.3307, last 1.3330. But adds despite euro-zone sovereign debt concerns, relatively stable European economic indicators suggest that recent EUR-selling may be overdone. "Certain European indicators have just refused to go down." Data overnight showed Germany's Ifo business climate index rose in November to its highest since Germany's reunification. Says as long as indicators in euro-zone remain mixed, "I'm skeptical that we'd see euro-dollar falling to $1.3000," despite some players' view pair could break that psychologically key level in coming weeks. (andrew.monahan@dowjones.com)
Contact us in Singapore. 65 64154 140;
MarketTalk@dowjones.com
BOJ Nakamura: Recent Yen Rise May Push Down Prices In Japan
0216 GMT [Dow Jones] JPY crosses down further, dragged in part by weakness in NZD, AUD, as risk-sensitive units remain under pressure amid continued concern over tensions on Korean peninsula; EUR/JPY could fall to 110.50 later in global day, says Hideaki Inoue, senior FX dealer at Mitsubishi UFJ Trust and Banking. EUR/JPY marks fresh intraday low at 111.02, last 111.25. EUR/USD also hits fresh intraday low at 1.3307, last 1.3330. But adds despite euro-zone sovereign debt concerns, relatively stable European economic indicators suggest that recent EUR-selling may be overdone. "Certain European indicators have just refused to go down." Data overnight showed Germany's Ifo business climate index rose in November to its highest since Germany's reunification. Says as long as indicators in euro-zone remain mixed, "I'm skeptical that we'd see euro-dollar falling to $1.3000," despite some players' view pair could break that psychologically key level in coming weeks. (andrew.monahan@dowjones.com)
Contact us in Singapore. 65 64154 140;
MarketTalk@dowjones.com
MARKET TALK: JPY Crosses Down; EUR/JPY Targets 110.50 - Dealer
0216 GMT [Dow Jones] JPY crosses down further, dragged in part by weakness in NZD, AUD, as risk-sensitive units remain under pressure amid continued concern over tensions on Korean peninsula; EUR/JPY could fall to 110.50 later in global day, says Hideaki Inoue, senior FX dealer at Mitsubishi UFJ Trust and Banking. EUR/JPY marks fresh intraday low at 111.02, last 111.25. EUR/USD also hits fresh intraday low at 1.3307, last 1.3330. But adds despite euro-zone sovereign debt concerns, relatively stable European economic indicators suggest that recent EUR-selling may be overdone. "Certain European indicators have just refused to go down." Data overnight showed Germany's Ifo business climate index rose in November to its highest since Germany's reunification. Says as long as indicators in euro-zone remain mixed, "I'm skeptical that we'd see euro-dollar falling to $1.3000," despite some players' view pair could break that psychologically key level in coming weeks. (andrew.monahan@dowjones.com)
Contact us in Singapore. 65 64154 140;
MarketTalk@dowjones.com
BOJ Nakamura: Recent Yen Rise May Push Down Prices In Japan
MARKET TALK: Gold Volatile; Large Offers At $1,377 - MKS
0205 GMT [Dow Jones] Gold on a sticky wicket Thursday with volatile price action in thin market with U.S. closed for Thanksgiving holiday tonight. Spot gold at $1,371.80/oz, down 80 cents after trading as high as $1,382.50 overnight. MKS Finance says "very large offers" at $1,377 preventing any sustained advance. Hard to see gold breaking out today with political tension on Korean peninsula turning into background factor, regional equity markets mixed. Euro-zone debt issues still most likely driver with EUR/USD struggling at 1.3317 only just above overnight low of 1.3282. "We believe sovereign credit risk in Europe, combined with the physical market should see gold in euro-terms outperform gold in dollar-terms for the time being," says Standard Bank. Gold in EUR at EUR1028.35/oz, down EUR1.70, but has gained 4% this week vs spot gold gain of 1.3%.(james.campbell@dowjones.com)
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com
Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com
Selasa, 23 November 2010
DATA SNAP: UK BBA Oct Net Mortgage Lending Growth +GBP1.7B
LONDON (Dow Jones)--Net mortgage lending by U.K. banks grew at a slightly faster pace in October than a month earlier, but the outlook continues to deteriorate as mortgage approvals eased yet again and to a 19-month low, data from the British Bankers Association showed Tuesday.
The figures also showed that non-financial firms continued to repay bank debt, with net lending to them staying negative in October.
Seasonally adjusted net mortgage lending grew GBP1.7 billion in October. While that was above a revised GBP1.5 billion rise in September, it was much weaker than the GBP3.0 billion increase of the corresponding month a year earlier.
The BBA originally reported that net mortgage lending grew GBP1.6 billion in September.
Despite October's modest improvement in net lending, the outlook is subdued. Mortgage approvals--a reliable forward looking indicator of housing market activity and prices--eased again, totalling just 30,766 in October. That is the lowest total since March 2009 and compares with 31,058 in September and 42,076 in October 2009.
"Activity in the mortgage and consumer credit markets continued to be subdued in October, reflecting uncertain prospects for households and lower consumer confidence," said David Dooks, statistics director for the BBA.
Non-financial firms again paid down debt in October, but by the smaller amount of a net GBP0.1 billion in October compared with a repayment of GBP3.3 billion in September. The BBA said the continued contraction in lending reflected firms' repayment plans and rebalancing of balance sheets, rather than any continuation of tight credit conditions.
"Credit availability for viable businesses has improved, so a continued contraction in net lending growth reflects repayment behaviour, particularly by larger companies," Dooks said.
-By Ilona Billington, Dow Jones Newswires; +44 20 7842 9452; ilona.billington@dowjones.com
The figures also showed that non-financial firms continued to repay bank debt, with net lending to them staying negative in October.
Seasonally adjusted net mortgage lending grew GBP1.7 billion in October. While that was above a revised GBP1.5 billion rise in September, it was much weaker than the GBP3.0 billion increase of the corresponding month a year earlier.
The BBA originally reported that net mortgage lending grew GBP1.6 billion in September.
Despite October's modest improvement in net lending, the outlook is subdued. Mortgage approvals--a reliable forward looking indicator of housing market activity and prices--eased again, totalling just 30,766 in October. That is the lowest total since March 2009 and compares with 31,058 in September and 42,076 in October 2009.
"Activity in the mortgage and consumer credit markets continued to be subdued in October, reflecting uncertain prospects for households and lower consumer confidence," said David Dooks, statistics director for the BBA.
Non-financial firms again paid down debt in October, but by the smaller amount of a net GBP0.1 billion in October compared with a repayment of GBP3.3 billion in September. The BBA said the continued contraction in lending reflected firms' repayment plans and rebalancing of balance sheets, rather than any continuation of tight credit conditions.
"Credit availability for viable businesses has improved, so a continued contraction in net lending growth reflects repayment behaviour, particularly by larger companies," Dooks said.
-By Ilona Billington, Dow Jones Newswires; +44 20 7842 9452; ilona.billington@dowjones.com
USD Slips Back, CHF Remains In Demand - Trader
0810 GMT The dollar is giving back some of its sharp gains seen on the initial headlines of shelling between North and South Korea, however CHF remains in demand as a safety play, says a trader. EUR/USD now trades at 1.3585 from a low of 1.3526, GBP/USD is up half a cent at 1.5945, and USD/JPY has slipped to 83.64 from a seven week high of 83.85. EUR/CHF trades at 1.3415 from 1.3381, while USD/CHF trades in the middle of the day's 0.9908-0.9892 range. ( dowjones news)
Selasa, 06 April 2010
China Yuan Flat Late; US Dollar/Yuan NDFs Fall On US Report Delay
SHANGHAI (Dow Jones)--China's yuan was steady against the U.S. dollar Tuesday, but one-year dollar-yuan nondeliverable forwards fell to a more than three-week low because of renewed speculation the Chinese currency will resume its appreciation, after the U.S. Treasury decided at the weekend to delay whether to label China a currency manipulator.
On the onshore over-the-counter market, the dollar was at CNY6.8258 around 0930 GMT, barely changed from Friday's close of CNY6.8256. It traded between CNY6.8256 and CNY6.8260. China's financial markets were closed Monday for the Tomb Sweeping holiday.
One-year dollar-yuan NDFs, however, were at 6.6311/6.6361, their lowest since 6.6250/6.6290 on March 12 and down from 6.6455/6.6485 late Friday.
Onshore, the People's Bank of China set the session's central parity rate at 6.8260, unchanged from Friday, though this was its lowest level in more than 10 months and below the level of 6.8261-6.8262 that some traders had anticipated given the dollar's strength overnight after strong U.S. jobs data.
Dollar-yuan NDFs fell sharply in Asian trading, after U.S. Treasury Secretary Timothy Geithner said Saturday the U.S. Treasury would delay its semi-annual report to Congress on the currency policies of major trading partners. The report was originally due for issue April 15.
A number of U.S. lawmakers have been urging the Obama administration to label China a currency manipulator in the report.
"The lower NDFs are most likely because investors think the (report) delay could help ease tensions between the U.S. and China over the value of the yuan, as it gives China room to let the currency appreciate according to its own plan," said a Shanghai-based trader at a foreign bank.
Another Shanghai-based trader at a foreign bank said expectations of yuan appreciation have risen over the past few days.
"Some large global investment banks that had been conservative about the yuan appreciation issue have become more aggressive in selling the dollar in the NDF market since late last week," he said.
A Shanghai-based trader at a local bank said the U.S. Treasury's delay of the currency report appears to be a friendly, face-saving gesture toward China.
"Typically when the U.S. government does that, China will reward it with some friendly gesture as well," the trader said.
Another Shanghai-based trader at a local bank said, "the yuan appreciation trend seems to have begun," referring to the yuan's small yet steady gains this year.
But he added any larger yuan moves aren't likely to occur until May, after the China-U.S. Strategic and Economic Dialogue in Beijing in May.
On the onshore over-the-counter market, the dollar was at CNY6.8258 around 0930 GMT, barely changed from Friday's close of CNY6.8256. It traded between CNY6.8256 and CNY6.8260. China's financial markets were closed Monday for the Tomb Sweeping holiday.
One-year dollar-yuan NDFs, however, were at 6.6311/6.6361, their lowest since 6.6250/6.6290 on March 12 and down from 6.6455/6.6485 late Friday.
Onshore, the People's Bank of China set the session's central parity rate at 6.8260, unchanged from Friday, though this was its lowest level in more than 10 months and below the level of 6.8261-6.8262 that some traders had anticipated given the dollar's strength overnight after strong U.S. jobs data.
Dollar-yuan NDFs fell sharply in Asian trading, after U.S. Treasury Secretary Timothy Geithner said Saturday the U.S. Treasury would delay its semi-annual report to Congress on the currency policies of major trading partners. The report was originally due for issue April 15.
A number of U.S. lawmakers have been urging the Obama administration to label China a currency manipulator in the report.
"The lower NDFs are most likely because investors think the (report) delay could help ease tensions between the U.S. and China over the value of the yuan, as it gives China room to let the currency appreciate according to its own plan," said a Shanghai-based trader at a foreign bank.
Another Shanghai-based trader at a foreign bank said expectations of yuan appreciation have risen over the past few days.
"Some large global investment banks that had been conservative about the yuan appreciation issue have become more aggressive in selling the dollar in the NDF market since late last week," he said.
A Shanghai-based trader at a local bank said the U.S. Treasury's delay of the currency report appears to be a friendly, face-saving gesture toward China.
"Typically when the U.S. government does that, China will reward it with some friendly gesture as well," the trader said.
Another Shanghai-based trader at a local bank said, "the yuan appreciation trend seems to have begun," referring to the yuan's small yet steady gains this year.
But he added any larger yuan moves aren't likely to occur until May, after the China-U.S. Strategic and Economic Dialogue in Beijing in May.
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