Sail-World.com  Saturday 25 October 2014

Home Graphical | News Text | Powerboat-World | MarineBusiness | Newsletters | SW Aus | Features | Photo Gallery | FishingBoating | Video Gallery | Cruising | Newsletter Subscription Here | Search Sail-World


sail-world.com -- Collinson FX Market Commentary: March 18, 2013 - Massive Bull run

Collinson FX Market Commentary: March 18, 2013 - Massive Bull run    
Mon, 18 Mar 2013


Collinson FX market Commentary: March 18, 2013

Click here to find out how to get CollinsonFX's free iPhone app

Consumer sentiment brought the market back to earth as the unprecedented rally came to a close. It appears traders on Wall Street are far more confident than the US Consumer. Sentiment fell to 71.8 from 77.6 with the impact of rising payroll taxes and increasing discovery on Obamacare costs.

The almighty consumer is the major driver of the US domestic markets and thus the economy.The Dollar suffered accordingly pushing the EUR to 1.3050 and the GBP approaching 1.5100. The massive Bull run may continue to unfold in the coming week sailing into uncharted waters with only technical chart levels to target. This week will focus on the Fed and the plethora of economic releases lead by the Housing Statistics. The RBA will meet, but expectations for any action are low with the currency flying high testing above 1.0350.

The KIWI also regained 0.8245 after a week of hits emanating from the RBNZ releases earlier in the week. We have seen some earlier downward movement in the NZD & AUD rates this am with the Euro being sold off as the news of the Cyprus banks' bailouts surface.

A look at NZ GDP will be a good guide to the state of the economy but expectations should not be high.

For more on Collinson FX and market information see:
www.collinsonfx.com and www.collinsonwealthmanagement.com

Countries: | NZ: 0800 338 838 | AU: 1800 143 415 | NY: 1888 6257 833 | UK: 0800 0285 834 |


Disclaimer: The details expressed in this website and accompanying documents or transmissions are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. Collinson Forex Ltd accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the information contained or related to this site.

by Collinson FX



Our advertisers are committed to our sport, please support them! (Graphics)
Contact us , ph: +61 2 8006 1873, , fax: +61 2 8076 0459 or complete our feedback form. View our Privacy Policy. Photographs are copyright by law, if you wish to use a photograph from www.sail-world.com, please Contact us. [Go Home(Graphics)]
Make sail-world.com Australia my default page.    Make sail-world.com Cruising International my default page.  Make sail-world.com Cruising Australia my default page.  Make sail-world.com Asia my default page.   Make sail-world.com New Zealand my default page.   Make sail-world.com UK my default page.   Make sail-world.com USA my default page.  


Visit another region : Sail-World Australia    Sail-World Cruising International   Sail-World Cruising Australia   Sail-World Asia   Sail-World New Zealand   Sail-World UK   Sail-World USA  

VicSail Sydney
Vicsail Sydney Pty Ltd, launched into the Australian sailing fraternity in 1983 and has been sailing strong ever since. At Vicsail, “We Sail the Boats We Sell”.
[More info]
http://www.vicsailsydney.com.au