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- toptrader11 commented Sep 15, 2011
They will bounce back. Remember how everyone think Euro was doom back then When Greece was starting into trouble 2 years ago. Euro was way oversold for months, than bounce back higher high.
The Great Debate: Does the euro have a future?
- toptrader11 commented Sep 9, 2011
That what Switzerland said back then. Then look what happen they intervening the market with a bam.
Australia won't intervene to weaken Aussie dollar - trade minister
- toptrader11 commented Sep 6, 2011
The things is we don't know. They could just try to bluff so that people don't buy in CHF. Cause the whole market right now is in fear and CHF and YEN consider safe heaven currency. So next pair to watch is YEN.....
Swiss National Bank sets Minimum Exchange Rate at CHF 1.20 per EUR
- toptrader11 commented Sep 6, 2011
Well they did warn about Nuke on Fri. Didn't think they really going to Nuke it lol.
Swiss National Bank sets Minimum Exchange Rate at CHF 1.20 per EUR
- toptrader11 commented Aug 29, 2011
What the purpose of free market when the price is control by the government? Might as well have a fix price for every pair to save everyone a head ache.
The dollar, yen, and franc move lower, but for how long?
- toptrader11 commented Aug 29, 2011
wait for price action than discuss.
Swiss government discussed strong CHF
- toptrader11 commented Aug 23, 2011
No doubt QE3 is coming than 4 than 5. etc..
How to Tell If QE3 Is Coming
- toptrader11 commented Aug 22, 2011
Where is Noda when you need him?
USD/JPY returns to opening prices
- toptrader11 commented Aug 22, 2011
Cause he is looking at the chart once every 20 minutes.
Japan’s Kan Closely Watching Speculative Currency Movements
- toptrader11 commented Aug 18, 2011
Usually when the Noda make some sort of comment or speech regards to the Yen strength. The price will spike for short amount of time, than resume is normal trend. Of course this not true if he actually intervention the market.
USD/JPY higher
- toptrader11 commented Aug 18, 2011
So Greece has been very quiet lately. Anyone know how are they doing
Merkel and Sarkozy offer no miracle cure for euro
- toptrader11 commented Aug 18, 2011
yea his last surprise intervention sure was successful. It went up to 80, then shoot down to below 76 within a week.
Japan finance minister Noda says intervention is meaningless if not a surprise
- toptrader11 commented Aug 18, 2011
It was just a joke don't have to take it serious lol. Yes there must be something going in the background that we don't know cause the price to spike.
EUR/CHF spikes up by around 90pips - no statement from SNB or Swiss government as yet
- toptrader11 commented Aug 18, 2011
probably some rich traders got out the short position from yesterday, that cause the spike.
EUR/CHF spikes up by around 90pips - no statement from SNB or Swiss government as yet
- toptrader11 commented Aug 15, 2011
and brokers make bunch of pips lol
Interbank FX becomes first U.S. broker to offer social network to clients
- toptrader11 commented Aug 15, 2011
I don't think there such thing as perfect forex brokers out there. But i could be wrong
NFA fines FXCM $2 million for slippage malpractices, FXCM will credit clients back
- toptrader11 commented Aug 12, 2011
specially those thousand go into traders hand... they become multiple even more $$$
Fed Now More Likely to Do Third Round of Easing: Pros
- toptrader11 commented Aug 12, 2011
we don't know y guest lol. Probably some other news will coming out later to explain it or ppl just take their profit before the weekend
Retail Sales in U.S. Climbed in July by the Most in Four Months
- toptrader11 commented Aug 12, 2011
bring on the QE3, QE4, etc... while we at it let create 1000 dollar bills and stop created 1 dollar bills cause soon we going to need it lol
Fed Now More Likely to Do Third Round of Easing: Pros
- toptrader11 commented Aug 11, 2011
i though in the past they intervention at beginning of the hour and when is not busy in the market.
USD/JPY takes a bid in the last minute, unconfirmed whether it is intervention by BoJ