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Posts by "ptaczek"

120 Posts Total by "ptaczek":
110 Posts by member
ptaczek
(Brno, Czech Republic)
10 Posts by Anonymous "ptaczek":
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 6, 2010 13:51
In Thread: EUR
@macrosam: agree. From the day one I found this site I feel like I opened my eyes to see a whole universe. And I'm not a newbie in this game :) I don't know how can I thank Ashraf enough to really express it.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 6, 2010 13:43
In Thread: USD
Ashraf, excatly. Now it's no longer 'if' but 'when'. Let's see today's FOMC.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 6, 2010 10:12
In Thread: JPY
There's also a FOMC today. Remember there was only one dissenter (Mr. Hoenig) last time. Mr. Bullard who's been against the 'low rates for extended period' clause could be another dissenter candidate ;)
More hawkish FOMC will prop up USD once more, possibly sending USDJPY higher.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 6, 2010 8:37
In Thread: JPY
What am I missing? I mean, the JPY shows some strength or a weakness pause at least. But why? Recent US data points to a higher risk appetite and yet, USDJPY retreats...
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 5, 2010 20:35
In Thread: GBP
@redstone: it's a regular FED meeting and IF they rise discount rate it will be most likely after today's close and it will be accompanied by apparent price moves ;)

@Desi: the 1.53 has been pierced briefly today but we stay sub 1.53 so far. Personally I'm short, mainly because the positive US data but there is now the possibility of Conservative Party win which should be GBP positive if I understand it correctly.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 5, 2010 18:35
In Thread: GBP
@redstone: it's hard to say until the big players enter the market on Tuesday. It could still test the recent high at 1.5350-80. If the FED rise the discount rate today it could as well drop because the hike would be perceived (again) as a step towards tighter monetary policy aka FED funds rate hike.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 5, 2010 12:54
In Thread: EUR
@Desi: indeed, a very nice one. Stage set for 1.32 by the end of this week :)
ptaczek
Czech Republic
Posted Anonymously
14 years ago
Apr 4, 2010 22:20
In Thread: GBP
Ashraf,

according to this Bloomberg articlehttp://bit.ly/bCvkR6 the Conservative Party may win 20-seat parliamentary majority (latest polls). GBPUSD opened today with over 70pips gap. What is your view of further direction of this pair? EURUSD keeps friday's levels, so the GBP gap could be related to more optimistic speculations over election result and the rosy future of UK's economy.

tnx,
pta
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 4, 2010 21:58
Ashraf,

Geithner delayed currency report, "giving" China some extra time to consider Yuan. What's your view of this situation and the possible outcome? My guess is that China will revalue it's currency eventually but not now. I don't think China will do anything just because US (or any other country) says so.

pta
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 1, 2010 12:45
In Thread: JPY
@nzvik: COT data lag a little, also banks doesn't have to reveal all data for some time. But thanks for your view.

@catnip: could you tell me more about your trade planning according to bond & credit markets, please? Post it here or send me a mail at ptaczek@gmail.com Im interested in what you usually do, how you evaluate the data and where do you acquire the data :)