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111ForexGuru commented Jan 29, 2014Seems as though all the big players are in sync for reduction of $10 billion. They are all singing the same song like a choir. I also was of the same opinion but now I doubt it as all the big players are saying it. Lets see what happens. Good Luck ...
What To Expect From FOMC? - Goldman, BofA, Citi, Barclays & Others
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111ForexGuru commented Jan 29, 2014In my opinion the release of FOMC news is more stable as compared to NFP release. What I have noticed is that post FOMC news the volatility is very high but it is generally in one direction however post NFP release volatility is in both directions ...
USD: Trading The FOMC On Wed - Morgan Stanley
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111ForexGuru commented Jan 29, 2014WOW. Huge jump in bank overnight rate from 7.75% to 12%. I guess depositing money in Turkey for residents of the country will give huge returns. Does anyone know the rates offered yearly by banks to term depositors in Turkey?
Turkey rate decision: lifts overnight rate to 12% from 7.75
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111ForexGuru commented Jan 28, 2014Almost all US data beginning with December NFP data came out pretty bad. Don't know whats happening in US. Is it due to the bad weather in December or is the condition really that bad as is being depicted in all the data. Can US citizens using this ...
Orders for U.S. Durable Goods Unexpectedly Slumped in December
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111ForexGuru commented Jan 28, 2014Has any news agency maintained a record of the views and opinions and predictions and forecasts of various renowned analysts wrt to important decisions and data output(eg :FOMC meeting outcome,ECB meeting outcome,NFP & GDP results, etc)???? How many ...
Will the Fed throw emerging markets a bone?
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111ForexGuru commented Jan 28, 2014I would like to inform you that you only know that I shorted GBPUSD but was it for the day , the week ,the month,the year or few years you don't know. So you can't just ridicule others opinion without knowing the entire opinion. Also if you did know ...
There goes cable …. up through 1.6600
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111ForexGuru commented Jan 28, 2014Even after 10 mins of news release little volatility seen but in range so far. GBPUSD yet to go higher or lower.
UK Gross Domestic Product Preliminary Estimate, Q4 2013
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111ForexGuru commented Jan 28, 2014Today's preliminary GDP report will move it to either the higher high or lower low. I personally believe a lower low is coming. Lets see what happens. Good luck to all with their short or long positions.
There goes cable …. up through 1.6600
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111ForexGuru commented Jan 27, 2014Revision of last released data was decease by 19,000. 4.26% more than what was the actual number. Reliability of data is decreasing with such revisions in the next data cycle. We are seeing huge revisions with each and every data released. Can we ...
Sales of New U.S. Homes Dropped More Than Forecast in December
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111ForexGuru commented Jan 27, 2014I believed that this would happen very soon as mentioned in my post on 13th Jan, 2014 url US will do everything it can to end any competition to the US dollar. Any e-currency like Liberty Reserve , bitcoin , etc will all will have to stop business ...
BitInstant CEO Charlie Shrem Arrested for Alleged Money Laundering
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111ForexGuru commented Jan 27, 2014Last meeting of Ben Bernanke as head of FOMC as Janet Yellen will take over from 1st Feb,2014. So again in this game of probability we are left to choose between further taper or no further taper in this month. Lets see what happens on Wednesday.
Nothing will deter Fed from tapering this week
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111ForexGuru commented Jan 27, 2014I guess developing countries are once again facing the brunt of US tightening of monetary policy.
Do cry for me Argentina? Peso plunges
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111ForexGuru commented Jan 27, 2014GBPUSD upside target of 1.6531 hit on Monday morning london opening session. Now to watch for the down target of 1.6451. Lets see if it goes below 1.6451 before FOMC news on Wednesday
Forex Weekly Outlook Jan. 27-31
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111ForexGuru commented Jan 26, 2014My short term target of EURUSD for this week is 1.3624 and 1.3606. FOMC decision on Wednesday will change things and I will react accordingly. url PS : This is not trading advice or trading signal for others.
EUR/USD Forecast Jan. 27-31
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111ForexGuru commented Jan 26, 2014In this game of probability I would like to trade for a few pips this week just to keep me active from getting bored from my long term positions. EURUSD ; I would like to trade with target 1.3624 and then 1.3606 GBPUSD : I would like to trade with ...
Forex Weekly Outlook Jan. 27-31
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111ForexGuru commented Jan 24, 2014Draghi not making much of an impact with his neutral speech. Guess he is waiting for FOMC decision on 29th Jan. There after NFP in the week after.Maybe post the above decisions and results he will have something to say that will affect the markets.
Draghi: Markets up since bottom of crisis
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111ForexGuru commented Jan 24, 2014GBP weakness much awaited.
BOE Carney says stimulus will remain exceptional for some time
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111ForexGuru commented Jan 23, 2014I am short now on EURUSD (above 1.3608) as previously mentioned. My other shorts of GBPUSD and GBPCAD are taking a huge beating till now.
EUR/USD: December Top Intact; Get Ready To Sell - Credit Suisse
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111ForexGuru commented Jan 23, 2014Since it has broken the 1.1100 area I believe it to be going a little higher to above 1.1600 area. If FOMC is hawkish and NFP is US positive then we will certainly see it happening. Lets see what happens with or without the 'ifs' & 'buts'.
USD/CAD reaches 1.1000 for first time since 2009
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111ForexGuru commented Jan 23, 2014Aussie dollar seems to be taking a very huge beating. I remember a previous news article that I read in FF some time back about RBA wanting AUDUSD to be around 0.8500. Lets see if that happens.
HSBC Flash China Manufacturing PMI