KecoaKecil, yes the 1.3270-80 range offers a good opportunity to short the pair. There isn't any major economic release re. the US or the EU today. Tomorrow we're going to see some action, Draghi is expected to speak tomorrow, remember how the ...

EURUSD Exclusive

Now that we have the indecisive Obama and the uncertainty of the Syria war behind our back, the market is resuming its dynamics as expected.

EURUSD Exclusive

EUR/USD is trading in a very narrow channel today without much volatility, very boring indeed. There isn't any major data release tomorrow. The house and the senate votes on Syria are almost certainly delayed. I still favor a bearish trend.

EURUSD Exclusive

All serious traders must buy Bloomberg or Thomson Reuters terminal subscriptions, it runs at a hefty ~ $1,800 per month per user. Trading without one is like running blindly into a mine field. A typical terminal have 3 or 4 screens each displaying a ...

EURUSD Exclusive

Sep. 10, 12:55 GMT Redbook Index: MoM down to 0.3% vs 0.6% previous, YoY 4.6% vs 4.7% previous. Modest MoM reading and moderated concerns on a Syrian attack have instilled a positive tone in European markets this morning and lead the EUR/USD to ...

EURUSD Exclusive

If the rally is contained on Tuesday (Sep. 10th) Europe and US sessions, the EUR/USD may be set to resume the down-trend to 1.3147, 1.3020 (the 200D MA and the 61.8% retracement of the move up from July.) Without any major data releases until ...

EURUSD Exclusive

QE taper speculation and the USD outlook: Goldman Sachs: The sharp drop in uncertainty since late 2012 might be adding 0.5-1.0 percentage point to growth at present, with a slightly smaller boost in coming quarters. Calls for Fed to taper light. ...

EURUSD Exclusive

SF Fed Williams (dove who wants taper, votes on FOMC) speech at NABE, Sep. 9: "I am still 100 percent on board with Chairman (Ben) Bernanke's timeline" for September tapering and ending the Fed's $85b monthly bond buys next year. Expects GDP to grow ...

EURUSD Exclusive

Monday Sep. 9, EUR/USD summary: Opening the Asian session at around 1.3165 and without any major data releases for the day the rally was fuelled by the positive Chinese trade data over the weekend and the developments related to the easing situation ...

EURUSD Exclusive

Actually US bonds went slowly and consistently up during the course of the day. Only in currency markets the dollar weakened then strengthened later.

$ For The Week of 12/11-With Trade Ideas

IMHO, the market did not follow the fundamentals. You are making it look like big investors took about 2 hours to do the math and realize that total revisions were actually dollar positive. I did the calculations myself within less than 10 minutes ...

$ For The Week of 12/11-With Trade Ideas

Quoting you from the NFP thread: I don't agree that the NFP and revisions went in opposite directions, if we count Sep revision then the total picture was good for the dollar. Even as confusing it is to digest the numbers and revision information in ...

$ For The Week of 12/11-With Trade Ideas

Univ. of Michigan Confidence due at 15:00 GMT. 92.0 E vs 92.1 previous. If the number is $+ I will fade.

Trading the NFP this friday

As I said before, damn those central bank interventions. Why don't they just leave us traders alone </PRE>

Trading the NFP this friday

So what do you guys think about Consumer Sentiment??

Trading the NFP this friday

Congratulations Moe. I initianlly lost 37 pips, then lost another 32 pips when I thought the market will no doubt go lower. How wrong I was. I'll spend this evening licking my wounds. Merlin, I will always follow your lead from now on.

Trading the NFP this friday

Damn those CB interventions Russians are selling the dollar. Why don't they just leave us traders alone

Trading the NFP this friday

Revisions are as follows: OCT NFP revised from 92K to 79K. SEP NFP revised from 148K to 203K. Total revisions +42K ?!!! Why did the $ weakens??!!

Trading the NFP this friday