So Euuro is getting a rate hike in July but because USD is about to have a strong dollar policy, euro actually drops? Am I getting this correctly about this recent euro plunge?

EURUSD

Well cuz when BoJ intervenes, they have always use the USD, their currency of choice. Can't blame them though since USD is supposed to be the base currency of the world; everybody supposedly transact in USD. What else do you want the japanese to use ...

USD/JPY Discussion

Thanks for the vouch, realjumper. So nice of you.

USD/JPY Discussion

Sitting there floating in the rut is right. Thanks for the compliment. *bow* I learn a lot from you too.

USD/JPY Discussion

I know. This is what I don't get either. When the pair was at the same level in March, they jumped right into action to protect their export. Now the pair is at the same level again and the net result is still the same for their export but because ...

USD/JPY Discussion

That's cuz everybody is too chicken shit to do anything on this piece of crap of pair. They are afraid of forcing it down to too low because of this fear of "intervention". After all, all the Big Brothers are watching and will be prepared to ...

USD/JPY Discussion

Me too. I was just reading that article too how the BoJ has no intention to intervene now cuz they are satisfied with the Yen level, blah blah blah. Now the UJ is low as ever BUT this time it's because of USD that's too low and now they are fine ...

USD/JPY Discussion

Look at that. All those up moves all came down in one big swoop. Piece of crap!

USD/JPY Discussion

Not sure if it's going to continue. This upward move was pretty much AUD inspired. Now that AUD is ready to reverse, UJ will probably follow. *sigh*

USD/JPY Discussion

And there is a LOT of them judging from all those long upper wicks...

USD/JPY Discussion

OMG!! That's WAY out of my timezone! LOL But thanks for the suggestion.

EURUSD

What's CET?

EURUSD

OK I should correct myself. He didn't say MORE QE but he stated that QE policy is still needed especially given that inflation is not broadbased and is not long-term. His exact words were: "Although it is moving in the right direction, the economy ...

EURUSD

predominately the NY session, usually start trading around 10 - 11 am EST.

EURUSD

Hmmmnn... Thought of following the daily charts actually especially that trading signals are more reliable on daily tf but couldn't work out how and when to sleep when following the chart? You must have body and mind of steel

EURUSD

My chart was telling me it should go up. EU's been creeping up all morning but all of sudden dropped when Bernanke announced more QE. I mean if this news is priced in, at least the price should stay still but it actually dropped. So I guess people ...

EURUSD

I know. This is what I thought. Well, will waiting for the Japanese traders. Another afternoon wasted. *sigh*

EURUSD

OK. Pretty strange that nobody seems to be trading in the NY afternoon session anymore. Thanks for the answer.

EURUSD

Well it seems whenever I am in the market, the price stops moving.

EURUSD

Ok that was a serious question. If that's the best answer you can come up with, I am putting you on "Ignore List". I have no time or patience for personal insults.

EURUSD