Of course it's a bit liberal, I'm Canadian But 147 by the end of October would be pleasant enough ..... But yes it is extreme, so it's basically one step at a time, there's a number of key support points to get through, particularly those set by ...

EUR/JPY Trading Room

The BoJ/MoF has been very proactive in keeping USD/JPY well above 100 in the past; I would expect them to start making noise somewhat below 110, checking rates maybe around 107, making things volatile and risky below that (The BoJ had a page listing ...

Your Best Long Term Trade Is To Short USD/JPY

Well, for my first post here I might as well get the worst over and make a fool of myself The brief part - I am still looking for the pair to get down into the mid 140's. Whether that is do-able given the expected stiffening resistance expected ...

EUR/JPY Trading Room

Hi emda; Most news data is released by the appropriate agencies at a specific time, via their wire services (to the news services), directly to reporters via a news conference, and on their websites. Note that for complex releases such as ...

How news data is published?

For almost all major headlines, the AFX newsfeed available on another ccy site (GVI) - they come up within a minute of the release, and several minutes before here. The GVI Pro forum probably has the best/fastest background news. OTOH, they both ...

news services

I would assume that with the onset of recession (if/when it happens) there will be much more uncertainty in the market, which leads to a withdrawal of highly speculative money, which in turn lowers liquidity, and which increases volatility. If you ...

forex during a recession?

Fxj - I would assume it has mostly to do with the effect of relative speculative flows from the various countries getting pulled out of the US, particularly in light of the US trade deficit with each. Genrally the US runs a trade deficit with most ...

why did EUR/JPY drop during NFP?

Most data is listed by the week, month, or year of interest, not the release date.Hence monthly data released in August will be listed as July while the data released this month (September) will be listed as August.

Why is it everything stops at July?

Thx fumafuma — Re JPY as a vehicle ccy - curious as to how you see JPY in the long run if/when CNY becomes freely traded. A number of years back there was talk of JPY as a vehicle ccy, especially for trade in the ASEAN area; while that's not ...

Mizuho Forecasts Dollar to Drop to 106 Yen on Fed Cut

Very cool GoatT, + lots of toys to play with. Thx.

how to calculate probability of change in interest rate

From the same article is the little tidbit that the CEO of Countrywide Financial (Angelo Mozila) netted $241 million off the sale of company stock over the last two years...

Subprime Worries

fxsport - good article; and I would asume it is SP related. A little more on the subject (for those who think a bit of a rise in the Dow indicates it's all over) - a quote from today's Barron's "Up and Down Wall St." : (I would post the whole link, ...

Subprime Worries

Perhaps the original author could also balance the article by showing how compunding works in a losing situation. As a limited partner at Bear Sterns, he should have lots of real examples to draw from....

The Magic of Compounding

SL - very informative website, thx. A side problem not discussed much is that unoccupied houses don't have a great half-life, particularly if (like many of the newer homes I've seen) they are poorly built; they are also a natural target for ...

Subprime Worries

It really depends on how your model is working, how the market is evolving, etc; there's no "one size fits all" approach (other than you should get out if the behaviour of the market doesn't fit your model, or your model tells you to get out). OTOH, ...

'Averaging Down Is for Losers' - valid or not?

What is scarier are the brokers willing on take on the risk. You, FS, and EFX-guy (particularly as he is involved in a brokerage) and anyone else feel free to correct me if I'm wrong, I haven't spent enough time looking at the actual background of ...

Proposed NFA Capital Requirement

I doubt it has too much to do with actually withholding info, and a lot more to do with foreign regulation environments & target marketing. Re. the regulations; there's always plenty of politicians here in Canada that fret over the US taking over ...

cnbc

hmmmm......

Gbp/Usd-(Chart Discussions)

Just go out and get a copy of John Murphy's "Technical Analysis of the Financial Markets", and read Chapter 4. FWIW, the book is pretty much the standard.

How do you find and confirm a trend?