Again. I've traded the pair down from 1.25, now short again from 1.1460, target 1.1100.

ANZ backs tough rules to cool housing

This will last about 5 minutes, which was about as long as it took Italy to say bah humbug to Brussells about their missed targets.

New era as Brussels tightens its grip on budget miscreants

Don't think this matters either - just means traders allow more extreme algo driven short term price fluctuations to influence their decisions, with the same results.

Economist Wins Genius Grant For Proving That Most Traders Are Idiots

Don't think that matters - the results are the same from a trading pov.

Economist Wins Genius Grant For Proving That Most Traders Are Idiots

Nothing to see here, move along.

RBA Financial Stability Review

They're down here in Oz trying to do the same thing, but the same amount of land would only be around 1%, and we're driving a much harder bargain with lots of caveats.

China just bought 5% of Ukraine

With 73% short positions in the retail space, the EUR looks a good buy.

EUR/USD – Continues to settle above 1.35

Why am I so shocked that I'm not shocked! All this QE is just shocking. And to quote Billy Connolly "I was so shocked I was stunned". What a joke, but no one will be laughing when they actually do taper.

FOMC Shocker: No Taper

Tonight will be interesting, but given the extreme overbought status of the GBP, even a weak "taper" result for the USD won't push the GBP much higher. A good short may be around the 78.6 fib at 1.6046 or the resistance at 1.6070.

GBP Set To Top Vs USD & EUR; USD Index Basing Continues - BofA Merrill

And Japan.

Spanish Q2 public debt 92.2% of GDP vs. government end of year target 91.4%

Unexpectedly fell? Does BB know anything about the Aus economy? It was never going to be anything else than a fall, the eco's have no idea.

Australian Employers Unexpectedly Cut Payrolls in August

Tomorrow's employment numbers may stall the rally.

AUD/USD - 0.93-0.9345 is a Key Resistance area

Good work, small losses taken when the setup is no longer valid is great advice.

Australia International Trade in Goods and Services

If you wanted the single biggest compelling reason why the commodity bloc currencies are about to get another hiding, rising US bond yields is it. Short the lot.

U.S. Treasuries rout may be far from over

Very well said, almost identical to the way I trade. PA now suggests that we're forming a new lower double top @0.9187, with yesterday's and today's highs identical and the 4hr charts now rolling over. If the 4hr bar closes below the 23.6 fib @ ...

Australia International Trade in Goods and Services

The AUD has been well bid in this retracement, but this will at least slow down any further gains, and 0.9200 may cap it, depending upon tomorrow's nfp.

Australia International Trade in Goods and Services

There is no US / Syria conflict, just a few missiles, noise and bluster before it all settles down again (with all due apologies to the poor Syrians who are suffering terribly). So the markets are still chasing yield because risk off remain in ...

Australia National Accounts: National Income, Expenditure and Product

QE can't solve the export problem, so expect softer US data going forward. I don't know what this means for QE itself but I expect the USD to underperform a little in the medium term.

Trade Gap in U.S. Widened in July From Almost Four-Year Low

Who cares, I'm off to Langkawi to trade on the beach for the next two weeks with my profits from the last month's trading (Wife insists). Order to short GBP at 1.5770, happy days.

Stay Bullish USD Index, Short Cable & Tighten Stops On Long USD/JPY - BofA Merrill

Agree, BUT the AUD fell a lot further than the GBP or EUR so it can rally further also before reality sets in. Imho this will happen around 0.9200 where I'll go short again, and I'm still short from 0.9851

Australia National Accounts: National Income, Expenditure and Product