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Stop your whining, Euro-hatch fans

Follow us on....

In this Issue...   Get up to date - Breaking News   Read what our Top Contributors are saying

By Benjamin Spier, DailyFX Research Analyst Despite criticisms from numerous German officials over the past few days about the EU's proposed joint banking supervision plan, European Commissioner Michel Barnier said today that there is no German resistance. However, Barnier also said that there will be compromises on the supervisor plan, likely referring to his reported negotiations with Germany. Barnier's comments sent the Euro above 1.3000 against the US Dollar following an initial boost by a better than expected UK public sector net borrowing. A 4-month high currently sits at 1.3171, which could provide resistance, and support could be provided by the key 1.3000 figure. Turning to Greece, German Finance Ministry Spokesman Kotthaus said he doesn't know when the Troika will submit the new Greece report. However, he said that Greece has had an impressive debt cut. Greek coalition leaders are supposed to agree on 11.5 billion Euros of budget cuts to present to the Troika, and reports were released overnight that the party leaders are closer to agreeing on a plan. In Italy, Undersecretary of Finance Gianfranco Polillo said that neither Italy nor any other country would preemptively ask for the ECB's bond purchases. He said that the sovereign debt yields would have to jump for Italy to ask for help. Polillo also said that Italy is looking for 6.5 billion Euros in cuts, in hopes of avoiding a rise in VAT. The budget comment was quickly followed by a 30 point decline in EURUSD. In England, BoE Governor Mervyn King said that missing deficit targets is acceptable, if the reason is due to a poor economy. Also, BoE's Dale said the initial signs from the funding for lending scheme are encouraging. In the North American session, the Canadian CPI will be released at 12:30 GMT. Follow the release with Currency Analyst David Song here. EURUSD 1-hour: September 21, 2012       --- Written by Benjamin Spier, DailyFX Research Analyst Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained in this email are provided as general market commentary, and do not constitute investment advice. Dailyfx will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content in this email is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Dailyfx has taken reasonable measures to ensure the accuracy of the information, however, does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content or your inability to access the content, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this email. Please read the full disclosures here. Additionally, Dailyfx takes your privacy seriously. Please click here to read our privacy policy. Valuable Resources       Click Here for our Chart of the Day   Click Here for our Economic Calendar Click Here for Live Trading Rates Related Blog Posts   Stop your whining, Euro-hatch fans   Forex: USD/CAD pares losses to trade at 0.9750   Gold and Silver Benefit From a Shift in Fiat Currencies   Follow Me On Twitter! Share this email Did someone forward this to you? Subscribe Here! Subscribe via RSS   Breaking News Chart of the Day    *Get live updates in your web browser window.

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  Today's Topic Summary

Group: http://groups.google.com/group/everything-forex/topics

• MySAR for 21st Sept. [1 Update]

 MySAR for 21st Sept.

gauresh <gauresh59@gmail.com> Sep 21 12:10AM +0530  

*Dear Friends,
*
 
[image: Inline image 1]
Yes....upto Sunday........we will be
in company with Lord Ganesha.....
 
Ganpati Bappaa....Moriya.....Ganpati Bappaa....Moriya.....
 
* * ...more

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Signal Time:
GMT : 2012.09.21 12:00:31 (GMT)
JAKARTA : 2012.09.21 19:00:31 (WIB)
KUALA LUMPUR : 2012.09.21 20:00:31 (GMT+8)

Trading: SELL USDCAD @ 0.9746
SL: Stop Loss @ 0.9781
TP: Take Profit @ 0.9699
Current Trend: DOWN TREND


http://wssforexsignal.com


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Click the Link Below to Review - US Stocks Now Above 100% of GDP

http://invest2success.blogspot.com/2012/09/us-stocks-now-above-100-of-gdp.html




Successful Investing Trading

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Weekly Stock Picks Every Monday and Investing Trading Articles Tuesday through Friday

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Stock Investing Trading Software

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Forex Trading

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Gold Silver Investing Trading

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Binary Options Trading

http://www.invest2success.com/binary_options_trading.html


Candlestick Trading Strategies Software

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Trend Investing Trading

http://www.invest2success.com/trend_investing_trading.html


Value Investing

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China Stock Market

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India Stock Market

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Arabian GCC Stock Markets

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Stock Option Futures Forex Brokers Compare

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Signal Time:
GMT : 2012.09.21 10:00:26 (GMT)
JAKARTA : 2012.09.21 17:00:26 (WIB)
KUALA LUMPUR : 2012.09.21 18:00:26 (GMT+8)

Trading: BUY GBPUSD @ 1.6279
SL: Stop Loss @ 1.6244
TP: Take Profit @ 1.6326
Current Trend: UP TREND


http://wssforexsignal.com


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Signal Time:
GMT : 2012.09.21 10:00:18 (GMT)
JAKARTA : 2012.09.21 17:00:18 (WIB)
KUALA LUMPUR : 2012.09.21 18:00:18 (GMT+8)

Trading: SELL USDCHF @ 0.9299
SL: Stop Loss @ 0.9345
TP: Take Profit @ 0.9238
Current Trend: DOWN TREND


http://wssforexsignal.com


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Signal Time:
GMT : 2012.09.21 10:00:11 (GMT)
JAKARTA : 2012.09.21 17:00:11 (WIB)
KUALA LUMPUR : 2012.09.21 18:00:11 (GMT+8)

Trading: BUY EURUSD @ 1.3029
SL: Stop Loss @ 1.2960
TP: Take Profit @ 1.3121
Current Trend: UP TREND


http://wssforexsignal.com


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  Today's Topic Summary

Group: http://groups.google.com/group/globalspeculators/topics

• India Consumer - Nomura [1 Update]
• Angel Broking - Analyst Meet Update - TCS [1 Update]
• {LONGTERMINVESTORS} Re: Coal India [1 Update]
• {LONGTERMINVESTORS} DR. REDDYS .............Thread [1 Update]
• {LONGTERMINVESTORS} Tata Motors DVR & ORDINARY EQUITY SHARES .....thread.... [1 Update]
• MOSL - JPIN [1 Update]
• MOSL - GAIL [1 Update]
• 20th September: Morning Coffee with GEPL Capital [1 Update]
• MOSL - TELECOM [1 Update]

 India Consumer - Nomura

Amit shah <imamitshah@gmail.com> Sep 20 11:12AM +0530  

pfa
...more

 Angel Broking - Analyst Meet Update - TCS

RAJESH DESAI <stockdesai@gmail.com> Sep 20 12:04PM +0530  

Dear All,****
 
****
 
Forwarding you the *Analyst Meet Update *on *TCS* with a *Neutral *
recommendation.****
 
** **
 
TCS is on track to meet its full-year plan shaped in April 2012 of ...more

 {LONGTERMINVESTORS} Re: Coal India

RAJESH DESAI <stockdesai@gmail.com> Sep 19 12:39PM +0530  

Coal India bottomline to take Rs 600-crore hit
Shobha Roy
 
Kolkata, Sept 18:
The Rs 5/litre diesel price hike should hit the bottomline of Coal India
Ltd by Rs 600 crore.
 
"The impact (of ...more

 {LONGTERMINVESTORS} DR. REDDYS .............Thread

RAJESH DESAI <stockdesai@gmail.com> Sep 20 03:09PM +0530  

Dr Reddy's Laboratories announced today that it has launched Amoxicillin
Tablets Capsules, and Oral Suspension, a bioequivalent generic version of
Amoxil® (Amoxicillin) Tablets, Capsules, and Oral ...more

 {LONGTERMINVESTORS} Tata Motors DVR & ORDINARY EQUITY SHARES .....thread....

RAJESH DESAI <stockdesai@gmail.com> Sep 20 05:44PM +0530  

*Tata Motors receives largest ever single order of 1314 trucks from India's
largest fleet owner*
 
Tata Motors has received its largest ever single order for commercial
vehicles from Siddhivinayak ...more

 MOSL - JPIN

Ankit Solanki <solanki.ankit7@gmail.com> Sep 20 07:14PM +0530  

...more

 MOSL - GAIL

Ankit Solanki <solanki.ankit7@gmail.com> Sep 20 07:00PM +0530  

...more

 20th September: Morning Coffee with GEPL Capital

RAJESH DESAI <stockdesai@gmail.com> Sep 20 09:49AM +0530  

Having trouble viewing this email? Click here ...more

 MOSL - TELECOM

Ankit Solanki <solanki.ankit7@gmail.com> Sep 20 07:00PM +0530  

...more

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