Rate hike said to be in 2015 (most likely), but GDP forecast was CUT. Regardless how dollar react, cutting GDP is definitely a dovish tone.

USD/JPY Discussion

Thoughts is London has been dumping EURO for two days now. image To answer your question, it gets tricky when trying get some insight from what the government say in public, but you won't be wrong if you trade what market offers.

EURUSD

Hickson, You are right, i mean to say high since 2009. Good catch.

GBP/JPY

So we got two London sell off days in a roll after FOMC. Now it's at 1.3600 level again. Will the sell off continue next week?

EURUSD

GBPJPY is approaching its high at 175.00 since 2009, but the bearish divergence might say otherwise. It will probably take weeks to find out if the 175.00 will hold or not.

GBP/JPY

EURAUD continue weakening toward 1.4200. I don't see any reason it would turn around given the fact ECB has lowered the interest wanted a lower EURO.

EUR/AUD

According to the latest FOMC, the first rate hike is most likely be in 2015. ​Also, at the current Tapering pace, it would take about 4 months to get rid of QE (-10 bn per month of 35 bn), and that would leave us at October this year when QE is ...

USD/JPY Discussion

AUD has no major news release next week. US Consumer Confident and House numbers release next week. Let's see if AUDUSD's 09400 will hold or not next week.

AUD/USD

New round of FOMC. Since most the fed officer believe we will rate hike in 2015, would usdjpy continue ranging for the rest of the year? image

USD/JPY Discussion

Some fun facts from Marketwatch image

EURUSD

Yeah that would make EURO lower for sure. EURO bears are still at the corner and waiting for their next short chance.

EURUSD

Two things I would like to point out, GDP growth is cut First rate hike in 2015 ​Also at the current Tapering pace, it would take about 4 months to get rid of QE (-10 bn per month of 35 bn), and that would leave us at October this year when QE is ...

EURUSD

Also for ECB from 6/5, From Kathy Lien at BK Assist Management, My Top 15 Takeaways from ECB Announcement & Draghi Press Conference 1. ECB Delivers Massive Stimulus Package, Talks of Doing More – Markets Should be Impressed 2. ECB Did NOT Announce ...

EURUSD

For those whom are curious about the latest Fed FOMC minutes here is some insights, From Kathy Lien at BK Assist Management, Top 10 Takeaways from June FOMC Statement 1. Monthly bond purchases cut by $10B to $35B 2. Forecast changes – lower ...

EURUSD

Clean channel heading towards 1.3600. image

EURUSD

On the 4th week rally, here we are again, at the .9400. Will the .9400 & .9200 hold again? image

AUD/USD

Depends on tomorrow's FOMC. Clearly EU is waiting for something to happen at the current range.

EURUSD

So I guess pretty much 1.3580-1.3587 (resistant) & 1.3500 - 1.3510 (support) are what we have to work with tonight while heading towards the FOMC meeting tomorrow.

EURUSD

CitiFX says “continued extreme short” in EUR Comments from CitiFX on the EUR: Market focused on the 1.35 level Flows suggest short term clients are mixed on a meaningful break lower Hedge funds have been buying back EUR since the ECB’s decision. ...

EURUSD

No problem and Thanks! I am going to mount a TV for some more news feeds.

EURUSD