Watch out - oil has just dropped like a stone... I wouldn't be surprised to see USD rally against others.

EURUSD

Oil will fall next week. It always does after Memorial Day holiday in the U.S.

EURUSD

Use CME (GLOBEX) forex futures to hedge your positions - it's a great way to cap your loss while making pips both ways!

Aussie Pairs

Not sure what your point is. I gave you an example of a currency with a huge swap rate disadvantage over another currency having been in a long term uptrend against it. The euro has also been in the uptrend against the dollar WAY longer than there ...

EURUSD

The yen has been rallying against the dollar since around 124 - the US interest rate is still 4 times higher than that of Japan, even after all the rate cuts.

EURUSD

Not trying to discredit you, but the unemployment claims report is out in less than 4 hours - you don't think a positive surprise could send the dollar higher???

EURUSD

You were saying?

EURUSD

This may be shaping up to be a positive day for USD... too early to tell for sure. I am curious though - whatever happened to Jacko's prediction for the Euro's downfall that people keep quoting here? Do you think he's made a bad call?

EURUSD

Don't want to speak too soon, but it looks like aussie is finally ready to take a breather against $. Hopefully, oil is soon to follow... risk aversion, here we go!

Aussie Pairs

Shorted @ 1.5716... let's see if this entry point works better for me than my first one.

EURUSD

Make that 100 pip move.

EURUSD

This is one for the books, for sure... my stop was set to 1.5665 - was hit @ 1.5680.

EURUSD

To paraphrase the saying: "Gentlemen, get your stops ready!"

EURUSD

I told you guys to take your profits - don't ask how I knew, just look at the chart!

Cable Update (GBPUSD)

Wow, always??? Did the same statement apply when gold hit $1000/oz? Don't get me wrong - I have fairly substantial gold and silver positions and intend to hold them for years, but that doesn't mean they're not under water right now and that doesn't ...

Aussie Pairs

This was actually my point - it's easier for China to absorb that kind of damage than for any other nation.

Aussie Pairs

Who do you call "the smart money" - hedge funds? Overall, here's the positioning per ccy pair on Oanda (does that only include retail positions? I don't know): url As you can see, AU is pretty damn near 50% long/short ratio (meaning no clear ...

Aussie Pairs

Look at the ticker and charts.

Cable Update (GBPUSD)

My prediction is - 12 hours from now will be nasty for those who got in @ 1.9720, as the MPC minutes are likely to confirm they simply put off another rate cut til next time.

Cable Update (GBPUSD)

Not so fast. While there's merit to this, remember that 20 mil is like 1% of the total population in China; clearly, this is not nearly as devastating to that country as it would be if it happened to Canada.

Aussie Pairs