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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:

USD

Discuss USD
 
Mentawai
Nice, France
Posts: 25
14 years ago
Jun 25, 2010 15:44
Th@nks !
Stationdealer
London, UK
Posts: 715
14 years ago
Jun 25, 2010 14:42
Russia Central Bank: Not Changing Fx Structure Of Reserves, Including Euros Share Ulyukayev
Nice vote of confidence for the beleaguered euro.

U.S. Economy Grew by 2.7% in First Quarter, Less Than Previously Estimated
Stocks, Copper Fall, U.S. Index Futures Fluctuate; Yen Gains Against Euro
Spanish, German Regional Banks Might Be Included in European Stress Tests

EU Said To Discuss Applying Stress Tests To Cajas, Landesbanken
EU officials meeting in Brussels to discuss whether Spanish savings banks and Germanys state-owned regional Landesbanken should be included in current round of stress tests.

Some Hope For Relief Rally After Finreg Deal
Bank shares have been shunned in recent days over the uncertainty surrounding negotiations over financial regulatory reform. Now that a deal has been concluded, the hope is that bank shares rebound a bit.

Looks Like That German Politician Was On To Something
Greece is indeed selling land on its islands to help pay down debt

Q1 GDP Falls To 2.7%
Consumer spending falls to 3.0% from an earlier 3.5% reading
Business investment revised to 2.2% from 3.1% previously
The PCE price index rose to 1.6% from 1.5%
A disappointing set of figures, especially as Q2 is shaping up to be softer.


Chinese Central Banker: No Basis For Big CNY Appreciation
Reuters quotes a Chinese central banker as saying that there is no basis for a big appreciation in the yuan but that the currency will have more price flexibility. Yuan policy will have limited impact on global economy prices, he says. More reform of the international monetary system is need to solve global imbalances.
Markets are range trading in quiet pre-G20 trade. Expect news wires to be busy today as world leaders, finance ministers and central bankers gather in Toronto
EUR/USD trades at 1.2285 after a pop back above 1.2300 a short while ago. Central bank bids are rumored between 1.2250/70. It trades at 1.2290

Pipster
UK
Posted Anonymously
14 years ago
Jun 25, 2010 13:50
Would going long be a good idea on Usd/Jpy entry around 89.49 - Is anyone else playing this pair
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jun 25, 2010 10:23
next week will be a gentle breeze compared to july
Pipster
UK
Posted Anonymously
14 years ago
Jun 25, 2010 9:29
stationD

Thanks for the reminder - Today may well be quiet, and like you say next week is where things may pick up
Stationdealer
London, UK
Posts: 715
14 years ago
Jun 25, 2010 9:25
You think trader are nerves and markets are uncertain, wait till you see tues wed next week.
Stationdealer
UK
Posted Anonymously
14 years ago
Jun 25, 2010 9:22
http://www.ashraflaidi.com/forex-forum/thread/?n=1561&t=h

Pipster we already been selling Aussie, and gave you a sell up Aussie alert mins before the Kevin Rudd announcement was made public on TV. As soon as i saw newswire break the story, I said start selling. I was in at 8722, plus my team was already in from 8845.

As expect we are going to see black box trading all day so its pointless for me to do anything today, i already have enough positions in hand. Aussie is right now under pressure through hedge funds, they have a strategy called drill, and who know when it will be lifted well for now i can sure for all i know that the level pushed for is 8480/60 and possibly 8390.

Although on the other hand we saw a squeeze in Euro and volumes coming out of cable and going into EUROGBP and yesterday it was as if all of America left everything else and went into commodities. So with computerized trading on till the US session and traders still unsure where to put their next trades, so emphatically Euro has being position higher so that the risk of down wards slide, does not give investor to start selling stock at the same time. And that the weekly pivot on last day trading may automatically pull price again higher. Chances of higher risk aversion will be left in balance over the weekend for Mondays open and next weeks all important NFP.

This in mind yesterday was the sole reason I gave a sell indication on GBP and Euro, subsequently a weaker JPY in case dollar holds swap in yen for the week.
rrose
United States
Posted Anonymously
14 years ago
Jun 25, 2010 8:11
target 87
Pipster
UK
Posted Anonymously
14 years ago
Jun 25, 2010 8:06
Nice one rose -
rrose
United States
Posted Anonymously
14 years ago
Jun 25, 2010 8:03
up