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Posts by "djellal"
751 Posts Total by "djellal":
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Posts by Anonymous "djellal":
On my personnal account,I prefer put some pending short orders on eurusd and cable
Bollard : Appropriate time to gradually reduce stimulus and raise key interest rate, as underlying inflationary pressures are expected to rise
LONDON (Dow Jones)--U.K. inflation expectations sharply rose in the second quarter, a Barclays PLC survey showed Wednesday.
Barclays said its second-quarter BASIX inflation expectations survey showed the public's median forecast was for prices to rise 3.4% over the next year.
That is the highest expected inflation rate since the third quarter of 2008 and represents a rise from the 2.8% rate expected in the first quarter.
On a two-year horizon, median inflation expectations were at 3.8%, up from 3.2% in the first quarter.
"The sharp increase in expectations in [the second quarter] is quite striking. In fact, the last time that one-year expectations rose by such a magnitude was a 0.7 percentage point increase in [the second quarter of] 2008 at the height of the commodity price bubble," Barclays said.
Consumer prices have pushed higher in recent months, with the annual inflation rate rising to 3.7% in April.
-By Laurence Norman, Dow Jones Newswires; 44-207-842-9270; laurence.norman@dowjones.com
World bank sees "double-dip recession" risk in some countries
An if NZJPY break 62.89 we gonna see a shrp rally, I think risk appetit could return at the moment the decision is annoucunced... but Ill be very attentive to Bollard announces
USDJPY NEUTRAL Key support lies at 91.00 and then 90.56, break of 92.07 is required to reinstate bullish outlook.
GBPUSD BEARISH Finds support at 1.4376, a break would open 1.4332 and 1.4260. Resistance comes in at 1.4554.
USDCHF BULLISH Focus is on 1.1731, the recently defined trend high. Move through this level would open 1.1967. Support lies at 1.1421.
AUDUSD BEARISH Sharp sell-off on Friday refocuses attention on 0.8068 where a break would open 0.80. Resistance comes in at 0.8276.
USDCAD BULLISH Likely to remain volatile with the next resistance at 1.0719 and the key resistance at 1.0854. Initial support comes in at 1.0480.
EURCHF BEARISH Sharp sell-off through 1.4003 trend low exposes 1.3748. Near term resistance lies at 1.4002.
EURGBP BEARISH Bearish pressure dominates with the focus on 0.8193. Near term resistance lies at 0.8381.
EURJPY BEARISH Bearish trend remains clearly intact and the focus is now on 108.08 which is the 76.4% retracement of the 88.97 to 169.96 rally. 111.80 marks initial resistance.