Not that markets are logical. But, the FED and BofE are on the same path, that of adjusting rates higher. So, rather than trade the GbpUsd and get caught up and any spike and reversals that are likely to come as each bank makes their announcements, ...

Shaping the Investment Climate and the Dollar Trade

And lastly, the shakeout that clockwork71 so aptly mentioned was that the USD for this week already had other positive data priced in, was a tad over bought and in need of the Majors having a relief rally. Both the Buck and the US Equity markets ...

We just got a deafening sign that the next US jobs report will be a monster

The Think Tank guys call this "Situational Analysis". MStanley gives 3 "scenarios discounting the reality that when it comes to human consciousness, the end-result permutations are endless. While MS cites the Eur falling in Scenario 3, with a Greek ...

EUR Reaction: 3 Scenarios In Our Greek Playbook - Morgan Stanley

Either way, it comes down to who / what is going to control the nation's people to contribute, economically, scientifically, or humanely. The inference is that humans are flawed and the the vast analytic power of a computer can "model" human ...

After 23 years of economic growth, the RBA wants to take humans out of monetary policy...

Certainly, the fundamentals have been against the Buck recently and data prints slightly favor the Euro. Technically, and laced with price action, the EurUsd has had 7 up days, climbing just shy of a very strong supply / selling level. Any "pop" ...

May Day Cannot Stop EUR Rally

Agree with you Exodus. There's a presumption that Yellen will start with 25bps. Greenspan raise rates several times by only .1% each month. And my take is she'll do something like to so as not to shock the Equities markets.

Dealers see 20 percent chance Fed retreats after rate hike: survey

Took a punt short @ 7816. Stop @ 7828. The A/U is looking spent for now. Will move stop to breakeven asap and try and take this for a short trade down to 7780.

RBA's Edwards says lower Australian dollar would be even more useful

There's a possibility that the AudUsd could make stop run back up close to 7950 where I'd be all over shorting it as that's where sellers came in with some good volume. On the other hand, if the pair can't take out the high of the today, a double ...

NAB Business Survey Shows 'A Patchwork Economy With Little-To-No Momentum'

frx trader: Steven's is right to be positive. But likewise, right to claim that his nation's currency is overvalued relative to the the USD. He knows the game better than any of us. We all know that the price action dynamics that we witness each ...

RBA’s Stevens says AUD should be closer to 0.7500

Giveachance: After trading these markets for over 10 years now, as a Trader, one must anticipate where the market may move next. There's never any guarantees. That's why I posted at least a 2-fold outlook. Steven's remarks caused the spike lower. ...

RBA’s Stevens says AUD should be closer to 0.7500

I am short now @ .8279 with a stop @ .8300. Looking for an Inverted Head and Shoulder to form first, then price equlibrium / consolidation, then lower. Looking to add if a break lower; will move stop into profit if the move lower sustains. The only ...

RBA’s Stevens says AUD should be closer to 0.7500

In my humble opinion, the Japanese now have a business Samurai in Mr. Abe. This Yen printing is so much more than just about creating Inflation. It's about making products Made in Japan less expensive to export than China, South Korea, and Germany. ...

Japan bears bet on Abe victory followed by yen disaster

Out @ 7812.

Dairy continues to drive New Zealand's exports down

The NzdUsd spiked into last 2 week's strong demand zone. Just took a short @ 7830 with a tight stop @ 7836. Let's see if this moves back to today's fair value @ 7812 or lower.

Dairy continues to drive New Zealand's exports down

I like the odds of shorting in the rejection zone between 1.2860 and 1.2884 with a stop just top side of that zone. This upthrust move was a needed cleansing of all the Usd long holders and it created a massive stop cascade. The rejection off the ...

EUR/USD: Weak US Data Supportive; Staying Long For 1.31 - Credit Agricole

The pair is a short starting @ 8823 up to 8835 and a stop @ 8850. This current thrusting move looks more like a liquidity squeeze in thin Holiday markets back filling a liquidy vacuum.

NAB: Australian Business Confidence Is At Its Lowest Level Since The Election

Vachus, are you're suggesting currency market price controls on a global basis to essentially create a multi-national non-competitive environment? Given the hyper competitiveness of any industrialized nation, whether friendly trading partners or ...

'If you want a strong pound, it has to be for the right reasons'

Megalomania is a psychopathological disorder characterized by delusional fantasies of power, relevance, or omnipotence, "Megalomania is characterized by an inflated sense of self-esteem and overestimation by persons of their powers and beliefs."[1] ...

FX Market Responding to Fundamentals

The EurUsd has climbed from it low of the year to an equivalent of one thin US Dime / 1000 pips with a little overshoot. Just my opinion, @ 1.3830, there's a strong supply zone on the Weekly with a pivot to match. Looks grossly overbought and I am ...

'Sorry Is The Hardest Word': We Got It Wrong On EUR But...- Deutsche Bank

Here's my USD Nickel: When I was in college back in 1970 as a freshman, my econ professor ask, "Where do you think the Japanese econ will be in 20 years?" I study the economic past of the Japanese (as I was totally ignorant of it at the time) and ...

Richard Koo: I Can't Find Anyone To Refute My Argument That America Is In A 'QE Trap'