WTF? The employment numbers are all against the pair and it spikes up 150 pips??? I'm starting to lose faith in rational analysis. Whatever, I'm holding on to my short for the next 10 days, come what may... 0.96 is still possible soon if Bernanke ...

USDCAD trend reversal?

I guess I was right about 0.93 - now let's see if it can recover all the way up to 0.9380... looks like it might just have enough momentum to do so before NY open.

Aussie Pairs

Wow, this is a pretty vicious drop - talk about the statement having much more effect than the decision itself... it seems Aussie might come back above 0.93 soon though - the higher rate alone should make it more attractive for sustained carry ...

Aussie Pairs

I see that consensus is calling for another interest rate raise by RBA today. Anyone care to weigh in on how likely this is to happen, especially given the hike a month ago and the bank's history of gradual changes?

Aussie Pairs

Interesting turn of events, but let's see if it gets sold into quickly here.

Cable Update (GBPUSD)

This is just bitchin! Not even down by a pip on this trade for a second, T/P for 74 pips @ 1.9816 - probably got out too soon though... oh well, will wait for the news release in 40 minutes to see what to do next.

Cable Update (GBPUSD)

Ah, how sweet it is to be right! Got in short @ 1.9890 just before Friday's close - trade of the month so far... wooohooo!

Cable Update (GBPUSD)

Talk about taking the elevator down... I'll tell you one thing though, if there's one thing that still has to correct it's silver - this sucker is up 10% in less than a week.

Aussie Pairs

whoa, the bottom has really fallen out.

Aussie Pairs

Swissy has been off the hook lately - is it just because it's a traditional hedge against uncertainty? I got burnt going long on CHF a couple of months ago - that was when the pair went from 1.12 to 1.16... what I wouldn't give to still have that ...

USDCHF anyone?

I hope you make enough money to retire by the time it hits that target.

Cable Update (GBPUSD)

It was a joke.

Cable Update (GBPUSD)

It's called sarcasm - feel free to borrow some from me . Seriously though, forget your fibs already, there's just too much uncertainty and volatility everywhere. It's highly unlikely the pound will continue to rise next week the way it has ...

Cable Update (GBPUSD)

Back to normal, finally. Too bad I jumped off AU @ 0.9461... well, the night is young.

Aussie Pairs

How about 2.5 - a nice round number, isn't it? Are you people forgetting that next week BoE will likely cut the interest rate again with all the bad economic data coming out of the country lately?

Cable Update (GBPUSD)

Wow, it certainly looks like in the last 20 minutes everybody decided tomorrow the Fed wll announce another surprise rate cut. Quite childish, really.

Aussie Pairs

There is nothing typical about tomorrow's correction (if it indeed does happen). Please read this article to get an idea for what's taking place here: url AIG and RBS are pretty major players in financial world. The writedowns they announced are ...

Aussie Pairs

In case you've been away, credit issues have been plaguing the markets since last August, and this is just another inning in the game. I hope it holds through tomorrow - I've lost some serious coin on the european currencies rally, and now need to ...

Aussie Pairs

Short from 0.9483. AIG just posted a huge writedown, this should help the USD on new credit concerns, as well as the inevitable sharp drop in the Dow tomorrow. Cable looking good for shorting into UK news tonight, too.

Aussie Pairs

Aussie needs to take a breather, for sure... gold seems to be slowing down a bit. And perhaps people are pricing in another rate hike next week? Seems unlikely to me.

Aussie Pairs