Was short on GB/CAD now on the loss side...think we are on a retracement from last Fridays CAD strength...should strengthen again....trouble is GB is strong on all other crosses too...!!! Comments appreciated.

Canada building permits, July2013

Looking at daily chart...AUD/US has tried no less than 9 times to break above 92 barrier since 1st August...a good month and a bit...all failed...stochastic and RSI all look toppish...I would be looking to sell...comments appreciated...??

China Trade Rebounds in Further Sign Economy Stabilizing

You might change your opinion after tonight's GDP and Employment stats...Syria might turn out to be a non-event...half a dozen Tomahawks in a one night operation is being discounted by the markets...methinks....???

Pending Sales of Existing Homes in U.S. Dropped 1.3% in July

Or SeptTapDancing.......!!!!!!!

New U.S. home sales drop to 394,000 rate in July

Each commodity has its own set of rules....strength of USD is only one of factors to consider...stay away unless you master the fundamentals of each class...minerals/food etc etc...and in fact each particular commodity...ouch...!!!!!!

Existing-Home Sales Spike in July

Writing is on the wall guys...USD will strengthen over next few years...Euro is a dead duck waiting to be roasted...gold like any other commodity has its own mind...stick to the fundamentals...it will see you through...in the long term ;-]

Existing-Home Sales Spike in July

Old Ben will want to set the pendulum in motion before he exits...it may not be significant...but the message will be clear...don't think he will change his mind...unless the roof caves in ;-]

Dollar broadly lower amid Fed tapering uncertainty

Euro is definitely toppish...say what you may...tapering is a certainty...only the timing is subjective...plus the Euro is still a muddled affair...both fundamentals and the politics of the Eurozone...I am a Euro bear at these prices ;-]

Dollar broadly lower amid Fed tapering uncertainty

wat appen.....??? Just looked at my G/U positions and it was a wipeout...!!! any insights...? i am behind the curve here ;-[

Bank of England Governor Mark Carney to unveil new interest rate promise

Sorry I bailed out...taking profits was too tempting....but seriously think we are at some short term resistance level....looking to buy again.....searching for double/triple bottoms before I move in...do you agree Forexgain...???

RBA Statement

Hiya Forexgain...just got up...so missed all the action...looks like we got it spot on...AUD due for a RELIEF RALLY...OVERSOLD...RATE CUT PRICED IN....also HPI came in nicely...just wondering when to take profits....looking at fib levels...and ...

RBA Statement

Hoping its priced in...AUD due for a relief rally methinks.

Why the RBA doesn't have to cut rates tomorrow

I'm with u Forexgain....!!!!!! :-]

Why the RBA doesn't have to cut rates tomorrow

All in all...tapering is like a shadow over the markets....its not a matter of "if"...but rather "when"...response to good news [if u are a USD bear] will be tempered...bad news amplified...standby for a strengthening of USD over the foreseeable ...

The Employment Situation - July 2013

Commissions and fees are fine..or spreads as we know it...call it what you may...for example a housing mortgage is structured such that the borrower is renting from the Islamic Bank...its a question how you juxtapose it...the purchaser becomes the ...

Will This New ECB Rule Hurt Spain?

An impossible dream Ali...in case you did not know...Islamic Banks do charge interest...the big difference is that rates are fixed at time of contracting...eliminating the element of "uncertainty" i.e eliminating variable rates...the term is ...

Will This New ECB Rule Hurt Spain?

Taper means reduce...not stop...but it has to stop sometime...after stopping it will be reversed...all that QE sucked back in...its the cycle of things...what are we looking at...Sept to begin tapering...3 to 5 years to stop...another 3 to 5 years ...

Fed to keep buying bonds, but may point to plans to taper