Has the summer trading began? Market has been flat for the past several days. No movement, no nothing.

EURUSD

WHY is the Euro dropping?? Shouldn't it be rising given Bernanke's remarks that "Accomodative Monetary policy is still needed" Shouldn't USD be dropping on this remark anad Euro rising?? What's wrong with the Euro again this time??

EURUSD

Bernanke said "Accomodative Monetary policy" is still needed. WHY am I seeing AUD/USD dropping?? Shouldn't it be rising with USD going further down??

AUD/USD

Not so sure if the dip will be short-lived for this one. Depends on what those traders read in in the statement. In the statement, he did say: "The exchange rate remains, in real effective terms, close to its highest level in several decades. If ...

AUD/USD

So this is what the big drop is? Cuz they were expecting the RBA to raise the interest rate and instead they kept it the same?? Otherwise I thought the statement by the Governor was not that bad. Gosh! Good thing I got out of EUR/AUD earlier ...

AUD/USD

I suspect it's going to be another quiet Monday until the Asian session. "Long" signals won't show up until earliest the Asian session. My 2 cents.

Cable Update (GBPUSD)

Well the NFP forecast has already been lower than last month's number by a 20% reduction. You can hardly qualify that as setting it for failure. Honestly, if the US employment can't even make it with a 20% reduction then everybody can see how weak ...

USD/JPY Discussion

I totally agree. At this point printing money is not the answer. Printing money is only useful when you just need to give a slow-down in the economy a little boost and it's not meant to be a cure-all solution to all. The recession that we are seeing ...

USD/JPY Discussion

Well what else can they do? They can cut military spending and put more investment into business and research and development and make people work more but those are not the options that they won't even want to hear about. Printing money is the only ...

USD/JPY Discussion

Well I have been waiting for this dipping for a whole day now given that USD is weak and JPY is supposed to be strong. I am still puzzled though what took so long. I mean what were they waiting for? Everybody knows tomorrow's NFP is not going to be ...

USD/JPY Discussion

2nd time now: Dip to 80.80 and bounce right back up. USD is weak, JPY is strong and yet USD & JPY put together and the pair doesn't go anywhere. Somebody is driving down JPY and/or propping the dollar up deliberately to make sure it stays in a ...

USD/JPY Discussion

I agree with you on UJ on a downward trend and that's why I am puzzled why it's stalling. It did hit as low as 80.80 just shy of the fibo level 81.79 but it bounced right back up. As for the currency manipulation, it is not a responsible or honest ...

USD/JPY Discussion

EXACTLY! So if the USD is going down, we should see JPY going up which means the UJ pair should be going down, no??

USD/JPY Discussion

I know and meanwhile all the other USD pairs are going down corresponding to the USD weaknesses. I bet you the stupid BoJ is behind it again. If the UJ spikes up during the Asian session then my suspicion is confirmed. Still though, manipulation in ...

USD/JPY Discussion

What is wrong with UJ today??? All of the USD pairs are going down and why is UJ the only one going up? Stupid BoJ intervening again?

USD/JPY Discussion

I see a fibo level at .6319. Hopefully it'll reverse at this level.

Cable Update (GBPUSD)

OK. Thanks for the analysis. I will be watching for that level. Good to see Cloggie back.

EURUSD

Why is this currency going down?? Profit booking? Taking out stops? I am not seeing any news or any bad data release.

Cable Update (GBPUSD)

Or if they can go back to work and work their ass off like the rest of the world

EURUSD

That's nothing new. There is no new news coming out of Greece except the unions are going on strike. That's even better. Government will save more on wage costs on those lazy asses. There is no reason why EU should drag down other currencies. I can ...

EURUSD