" The Reserve Bank considers that the exchange rate is overvalued and does not believe its current level is sustainable. Many analysts consider that the positive news on the economy and the forecast tightening in interest rates is fully priced in ...

Markets Source

Key words from the previous NZD report : The Reserve Bank considers that the exchange rate is overvalued and does not believe its current level is sustainable.

Markets Source

I closed both position with small profits. I felt that we werent going anywhere. Tomorrow we might get a clearer trend,but I prefer to wait.

Markets Source

Just a reminder, Tomorrow we have the BoJ Monetary Policy Meeting Minutes. ForexFactory seems to have forget about it

USD/JPY Discussion

Very little move from the AUD pairs on that bad trade balance numbers. Its a sign that AUD lack bears to push it down, and has plenty of bull to push it up once we have a good news.

Markets Source

Good start this week on both trades

Markets Source

From last week : BOJ easing having intended effect BOJ will continue easing until 2% inflation stable no change in current stance so they can make adjustments as needed too early to discuss easing exit Japanese economy is recovering moderately board ...

Markets Source

Just a return on last week. We had a positive NFP last week but the USD gain only to lose after. That kind of thing occurs often in the recent month. The news coming out of the US are not reliable to be traded. Im still trying to figure out why the ...

Markets Source

We have a good week ahead of us. My Yen trades should be closed during the week. Im planning on longing the AUD in the near future but prefer to wait a little bit.

Markets Source

Thank you. Try to post them as often as possible.

EURUSD

Where can I get access to the Squawk Box and also its past recordings like this one ??

EURUSD

I think the Yen has some potential to increase in value. Against it, I chose CHF and EUR. Both those pairs have room to go down so I shorted CHF/JPY and EUR/JPY :

Markets Source

Positions closed with profits!

Markets Source

Just amazing.... or maybe its because I havent came here for a while

EURUSD

3 pips, which is less than EUR/NZD

Markets Source

Next possible trade will be on th NZD/CHF or EUR/NZD again. I see a good opportunity in buying the NZD/CHF, but before that I need to do a little bit of math and wait a little bit.

Markets Source

Just for laugh : video

Markets Source

video

Markets Source

I just closed everything. My EUR/NZD turned out OK after all. I was going to go short on GBP when I realised that there were no bad fundamental against the pound. For the coming days I will keep an eye o the EUR, the CAD and the CHF.

Markets Source