Oh man, you triggered my thought of high frequency trading. In and out, in and out at breakneck speed high frequency.

Jeff Bezos’ fortune tops $120 billion as Amazon shares surge after hours

She did an excellent job imho. Better than Alan Greenspan (who is responsible for the housing collapse and financial crisis) and Bernanke (who imo should start the QE tapering process during his term but which he has no guts to do so and choose to ...

Janet Yellen's Term as Fed Chair Was Uneventful—in a Good Way

All these talks about USD being bullish or bearish is really a perspective of what timeframe you look at. If you look at anything less than a daily timeframe, USD seem bearish as hell. But if you zoom up to the monthly timeframe, USD is at quite a ...

Embattled dollar bulls hope for a hawkish FOMC statement

There are different school of thoughts regarding this trade deficit figure under Trump administration. I am not saying which school is right or wrong because I am not an expert economist. I am just presenting what some economist is saying. Look at ...

These are the 2 biggest reasons for a weaker U.S. dollar

When the crowd enters the room, its time to leave. Be the first to enter and be the first to leave. When it is business as usual, it is not usual. When all the people are selling USD, the smart money is buying it up (else who do you think is counter ...

Federal Reserve issues FOMC statement

Small brain make successful trader. Big brain make successful economist and analyst. Make your choice: You either want to sound smart and make yourself a name as an "EXPERT" or you want to appear stupid and make money instead.

Federal Reserve issues FOMC statement

In the first place, the name used is misleading and deceptive. You cannot be a currency until it is legal tender. Just like a Casino don't name its token as Casino Currency but instead name it as Casino Chips, cryptocurrency is more accurately ...

Facebook is banning all ads for bitcoin, cryptocurrencies, and ICOs

I opined that it is just window dressing to make the trade balance more "equitable". Trade balance between US and China has always been an issue. Now we have Germany added into the picture. Trump has made it known without a shadow of doubts that he ...

These are the 2 biggest reasons for a weaker U.S. dollar

Ironically, cryptocurrencies are supposed to offer transparency among its advantages but in practice it is the opposite. Otherwise, you will not have virus writer and online criminals asking to be paid in cryptocurrencies for ransom. It is precisely ...

Victims of Britain's first Bitcoin heist are hiding at secret address after masked men held...

Problem is USD is being sold too fast (and EUR, GBP and JPY appreciated too fast). The problem is not so much in the extent but in how fast it appreciate/depreciate within a short time. Such a fast rate (huge volatility) is a threat to price ...

Trump says dollar is going to get stronger and stronger, ultimately 'I want to see a strong...

Hmm ... my call is the movement of the EUR is correlated to the Euro Bond Yield and not the equity market. I have not taken a close look at the correlation between EUR and Euro equity market, but for the US side, the correlation is not very clear. ...

Draghi: We continue to expect interest rates to remain at their present levels for an extended...

Not only UK, most central banks are prepared to put in regulation governing cryptocurrency transaction. Every central banks have within their own walls a threshold volume beyond which if cryptocurrency transactions exceeded this amount within their ...

Coinbase is teaming up with a Chicago-based tech firm to unleash crypto onto Wall Street

Maybe, but that will be interesting. Who will risk another few billions to buy EUR and sell USD when Mario already said they are still not convinced of the inflation figure moving towards their target and current EUR strength ALREADY quite sure will ...

Draghi: We continue to expect interest rates to remain at their present levels for an extended...

1.23 and 1.22 is too "far" away. I am looking at below 1.25. Where to take profit is up to each individual's greed and risk tolerance. I guess before 1.23, it will retrace upward again before going sideway. 1.23 and 1.25-26 range may hold for a ...

Draghi: We continue to expect interest rates to remain at their present levels for an extended...

Put your pending sell order at 1.25, 1.26 and 1.27. If you have more resources than place pending sell order at 1.25, 1.255, 1.26, 1.265, 1.27, 1.275. Switch off your computer and go to sleep. Check price again next week or so. (Take it at your ...

Draghi: We continue to expect interest rates to remain at their present levels for an extended...

Given what have been said, I doubt EURUSD will survive 1.25 - 1.26 resistance zone. Right now is stop hunting those parked stop behind 1.25 (which is a critical resistance level). After those stops are taken out, the market maker will exit the ...

Draghi: We continue to expect interest rates to remain at their present levels for an extended...

Of all the USD paired currency pairs, EURUSD accounted for more than 1/3 of all transacted volume, USDJPY and GBPUSD accounted for 1/10 of all transacted volume each. The other major like USDCHF, USDCAD and AUDUSD only account for 1/20 of all ...

Can the ECB meeting change the course of dollar selling?

Much if not all the "good" expectation is already priced in during these past weeks of EUR rally. It has to be a HUGE positive surprise by Draghi that can send the EUR higher (which I highly doubt it given that US side is downplaying USD ...

IMF’s Lagarde: US Tax Reform Likely To Lead To Dollar Strengthening - BBG TV

He already started a "trade war" "intervening" the USD market trying to talk down USD. Now the question is whether the other central banks will match his to also "intervene" to talk down their own currencies. IMF Lagarde already fired the first ...

US Tsy Sec. Mnuchin: Not Concerned With Where The Dollar Is In Short Term

20,000 jobs at risk if that firm collapse. That is about 0.06% of UK workforce. Hardly a drop of water in the big pond. Don't think there is any significant impact on GBP.

Weekly Forex Forecast (January 15 – 19, 2018)