EUR has taken the elevator down and now it's using the stairs to climb back up. It'll get there, but will take a while. I doubt it will fall below Thursday lows in the next few days.

EURUSD

This just goes to show that you should listen to your banker friends and not some random chump from the forums like me! That said, the market's reaction to the ECB interest rate decision has been rather stunning; I don't think the downfall could ...

EURUSD

Forget the technicals when the Fed has been so busy destroying the dollar's value with all these rate cuts. ECB, on the contrary, is predominantly concerned with keeping inflation at bay - as it should be. Do the math -there's no way it's going back ...

EURUSD

Can CSCO's guidance really be killing carry pairs? — AJ down 100+ pips in last four hours, AU - 45. Well, no shit it'll be a tough year for the economy - who was expecting Chambers to argue there?

Aussie Pairs

Hope you're prepared to live long because it won't happen over the course of an average lifespan; say what you will about the economy, but the U.S. has the best military and a nice little nuclear arsenal. That's what's keeping the dollar alive. Back ...

EURUSD

Long feels right, especially given the 300+ pip plunge from Thursday's high. Also, the scent of another surprise rate cut from the crowd-pleasing Fed is in the air. Let's wait and see what this week's economic data brings.

EURUSD

Hmm, home loans are through the roof... sounds awfully familiar, just can't point my finger on where I've seen that recently. Oh, right.

Aussie Pairs

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Aussie Pairs

When all said and done, it's the numbers that matter the most. The expected quarterly EPS was -$1.03. They reported -$1.99. Where are you getting this information? Here are the numbers. EPS: Avg. Estimate 0.40 Low Estimate 0.38 High Estimate 0.44 ...

Aussie Pairs

I personally see nothing irrational in today's dump taken by the equities. C's negative EPS surprise was 100%, and retail sales took a blood bath, too. I'm afraid tomorrow won't be too sunny, either; Intel has just missed both EPS and revenue ...

Aussie Pairs

What does it matter where your position is held if it's down by 2200+ pips? Your demo account is not earning real interest either - might as well play Monopoly. I appreciate your not wasting bandwidth any further.

Aussie Pairs

Huge dollar selloff, gold and yen are through the roof - what's going on here? I wonder if this has anything to do with the $30B liquidity auction by the Fed to commence today... btw, I don't think they'll have the nerve to cut by 75 bp this time ...

Aussie Pairs

WTF??? I KNOW that you hold the position in your demo account - I didn't state that you've lost actual money. What did I state that was factually wrong? Are you just launching a personal assault on me? If so, then f*ck off.

Aussie Pairs

Are you still holding this one? I'm sad to inform you that you are down 2200 pips - have you accounted for that? Well, if you have the impeccable ability to call market bottoms, then sure - you'll never lose money. However, it seems in the example ...

Aussie Pairs

This math is wrong for a couple of reasons. 1. No broker will give you BM rate - it will always be offset by a negative delta. For instance, mine pays 6.2% (BM - 0.5%). 2. You will be charged debit interest on the short USD balance, which, similarly ...

Aussie Pairs

You speak the truth - in the end it is the interest rate differential and the speculations over potential changes in it that drive exchange rates. That being said, FX volatility this next week is sure to be off the hook, what with all the corporate ...

Aussie Pairs

Thanks for the great analysis and the chart. The RSI does indeed point to some overbought levels, but it's hard to imagine the rest of the month to be good for USD, provided the economic data due out in the meantime spell "recession" loud and clear. ...

Aussie Pairs

This question is not directly related to Aussie pairs, but since some of you here are in the loop on commodity moves I figure I'd ask anyway. I got some March mini-size gold futures today, and so far it looks like a disaster - it's down 5 points ...

Aussie Pairs

Just made a quick $200 on the positive news Now, the question is - how much upside momentum is left in AU. I'm guessing we have until the London open to ride it without a lot of risk exposure.

Aussie Pairs

Hey jacobtrader, you've made some good calls here before - I have a question for you. Do you think UJ could conceivably retrace all the way up to 112+ by mid-February? It would appear that the 61.8% line of the fall from 122.50 lies right around ...

USD/JPY Discussion