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China Manufacturing PMI

It has fall to 48.3 in February and it was 49.5 in January. Mean Chinese factories have less work and less commands. AUD loss power... Why ? Cause Chineses companies buys less Raw materials from Australia.
Business conditions deteriorate at moderate pace in February Key points  Flash China Manufacturing PMI™ at 48.3 in February (49.5 in January). Seven-month low.  Flash China Manufacturing Output Index at 49.2 in February (50.8 in January). Seven-month low. Data collected 12–18 February 2014. F
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Some point of vieux

NZD/USD, Did this pair founded the support after that correction. Maybe...
From this point and later we should look for buys and probably will make some new highs next months (mars 2014) 0.8600
I will follow this pair cause interesting at the level where it is now.
We should have to see the next news comming out for the NZD or for the USD. Probably the rate decision of 12 Mars would be the decisive moment
RBNZ Interest Rate Decision is announced by the Reserve Bank of New Zealand. If the R
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BOJ Statemenent

At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline
for money market operations for the intermeeting period: The Bank of
Japan will conduct money market operations so that the monetary base
will increase at an annual pace of about 60-70 trillion yen.

After this statement, we should see some decrease of value of JPY. In the next days usd/jpy could reach the 104. We had a low of 101.75 USD/JPY and 225 pips s…
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ulkater avatar
ulkater 2014年02月19日

Still we haven't faced any up mouvement. To tricky this market.

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