Well, I'm interested in the pair but I don't think you'll like my vague assessment. There is a lot of uncertainty right now. The market is trying to decide how to react to all the news thrown at it recently. Yesterday looked like the beginning of a ...

Usd/jpy

I'm waiting for the Fed statements — -Fed's Stern speaks in VA at 12:00pm. -Fed's Bies speaks to American Banker's Association in Phoenix at 1:45pm. Wonder if the continued inflation we've seen today will cause a comment about interest rates.

Where are the Dollar buyers?

Thanks for the reading fsp. No doubt Chris Young, author of the article you've cited, is correct about overall Aud strength. But I tend to see speculation on rate hikes quickly factored in by the market, not as he suggests. The market already has a ...

Empire Manufacturing

Check out Aud/Usd. I think it is overbought so I'm shorting it. Don't think any of the speeches this afternoon can do anymore damage to USD, but quite possibly will cause a reversal of this mornings move.

Empire Manufacturing

pos. news, -$ — Empire manufacturing came in well above expectations, yet the $ is getting hurt this morning. I think we are seeing profit taking reacting stronger than news?..

Empire Manufacturing

until i take my profits, hopefully ...

Trading FOMC minutes

From TTN — Reminder: on 9/20 left rates at 5.25%, on a 10-1 vote. Richmond Fed President Lacker was the only dissenter, preferring a 25bps increase. At the time of the decision the FOMC said the following: - additional firming depends on the ...

Trading FOMC minutes

More precisely... — He's saying that there is not much of a good reason to enter a short on the pair (sell GBPUSD) if it has run up to the mid 8600s prior to FOMC release time. Again, the rationale is that dollar strength could become been ...

Trading FOMC minutes

politics are fundamentals part ii — Secondly, in response to mrmikal's question: When I said that "a currency reflects a nation's ability to produce", I did not strictly equate production with manufacturing. GBP and EUR are very capable ...

World Imbalance

politics are fundamentals — First of all, the reason I didn't bother to take issue with the extortion comment is because it seemed self-evident that it was an oversimplification of how the US economic strategy is trending based on what Spectre ...

World Imbalance

(what is their currency anyway??!) — The Thai currency is the Baht. *interesting thread

Clear Signal: SELL Dollar

... — Forex traders debating whether a certain population produces anything? The irony of this made milk come out my nose. ... and I wasn't even drinking milk. In defense of Spectre I would like to posit that a strong nation depends upon its ...

World Imbalance