I am projecting 1580 but may start buying at 1670 and again at 1620

Canadian dollar dives, stocks, oil and gold sink. Get the picture?

another possible short opp at 1.35

EURUSD soaring on rumor FRBNY swap line rate to be cut

LOL

EURUSD soaring on rumor FRBNY swap line rate to be cut

FRBNY = Federal Reserve Bank of New York

EURUSD soaring on rumor FRBNY swap line rate to be cut

So far USD and JPY are fighting for the lead leaving CHF in the dust and all other pairs down the drain. What a ride !!!!!

Canadian dollar dives, stocks, oil and gold sink. Get the picture?

I really don't see how Greece is going to get out of its mess now that Germany and France are going to have to start looking more inwards to deal with their own troubles exacerbated by the dim economic outlook. The $hit keeps on piling up and the ...

German, French Sovereign Risk Surges to Record on Fed Outlook

Jolly, Many industries fail or even fail to start due to a lack of infrastructure to support them. Perhaps some strategic thinking in this regard would be a good investment no matter who pays for it. For example, your comment about a hydrogen fuel ...

Rethinking central banking

On a buy, it is the ask price that triggers a stop, not the bid. During that time the spread was higher due to market volatility while the Fed statement being released so it is quite possible that the ask price hit as high as 1.3805 with most ...

Currency Markets Rekindling US Dollar Strength After FOMC Statement

I have 1.3797 on one broker and 1.3795 on another.

Currency Markets Rekindling US Dollar Strength After FOMC Statement

Nice try eqadsforex. Everybody here is intelligent enough to realize that you snipped out a portion of my comment to purposely take it out of context. Furthermore, that comment only applied before the fed statement was released. If you want to quote ...

EUR/USD Forecast: Bears Still in Charge Ahead of FOMC Statement

In that case, I cautiously concur. I try to not look too far ahead and things change quickly in these markets. Greece or Italy may call snap elections, in which case it's game over.

Bernanke Announces $400 Billion Twist – Dollar Rises

Agreed

Bernanke Announces $400 Billion Twist – Dollar Rises

AW, The USD has QE3 on top of all of what you said already priced in. Over the next several sessions, the QE3 portion will have to be unwound. In the meantime, there should be some pressure on the eur/usd. However I agree that more bad news has to ...

Bernanke Announces $400 Billion Twist – Dollar Rises

Anybody long on gold may want to rethink their positions in the short to medium term until it makes a correction to fair value at around the 1600 handle.

Bernanke Announces $400 Billion Twist – Dollar Rises

The equity indexes are in a freefall for the remainder of today. Usually that's not good for the euro and other risk currencies. The rest of today is USD positive. Maybe expect a small bounce close to the end of NY session as some traders cover ...

Bernanke Announces $400 Billion Twist – Dollar Rises

If that's you goal (jumping on the bull's back) you may want to take a less risky approach to it and try the EUR/JPY instead.

Bernanke Announces $400 Billion Twist – Dollar Rises

Good going DF I took a short at 1.3773 just for spite 2 mins before the spread started to widen and I had a stoploss at 1.3845 for good measure. I'm glad it worked out.

Bernanke Announces $400 Billion Twist – Dollar Rises

Yohay, you are bang on the money in my opinion, and I am putting my money where my opinion is.

Bernanke Announces $400 Billion Twist – Dollar Rises

This is very different from QE2 in that the Fed's balance sheet will not grow so it is in no way a QE move. It is only a swap from short term to long term. Although the euro may very well go up after volatility calms down a bit, I don't see 1.42 in ...

Bernanke Announces $400 Billion Twist – Dollar Rises

Time to buy USD.

Operation Twist: Investors want the unexpected