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frx_trader commented Dec 19, 2013Good data. Euro up 1.4.
Euro area balance of payments in October 2013
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frx_trader commented Dec 19, 2013Why? China doesn't issue bitcoin. And a country can determine what sort of currencies they accept. Who creates bitcoin anyway?
China’s central bank hacked; angry bitcoin traders may be to blame
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frx_trader commented Dec 19, 2013Yes, it has been 2 and half day since. Many things change. Prediction is made based on what is known and not what is unknown. With more data gather since the last prediction, of course it changes.
EUR: 'long, Slow Goodbye' - Credit Agricole
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frx_trader commented Dec 18, 2013A wave is a very general term. It can be defined as something that has local peak at the top and local peak at the bottom. Sure economy can peak at the top and bottom on some period of time. But what is difficult is to determine the top and the ...
Bank of England warns further sterling strength may hurt recovery
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frx_trader commented Dec 18, 2013You quote only my first sentence and left out the last. Oh, yes, it's 75 not 65 bil. It's still easy money. Like the old saying, give people some food, and it lasts for one day. Give them a bait and it lasts his lifetime. BB just wants an easy job.
What Fed tapering means for you
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frx_trader commented Dec 18, 2013Taper means no easy money anymore. Well there is still some $65 bil in print every month.
What Fed tapering means for you
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frx_trader commented Dec 18, 2013It's no big surprise, sooner or later it will happen or never at all. I think many has anticipated a taper this month, and another one in March or June. It will be likely to be June since taper or no taper at that time, stocks will still go bust. ...
What To Expect From FOMC? - Goldman, BofA, Citi, Barclays & Others
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frx_trader commented Dec 18, 2013I get this notification: 1. GDP QoQ (NZD) 25 min ago. 2. FED Interest rate (USD) 3 hours ago. Hope they mean something. Do I miss something?
FOMC Statement
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frx_trader commented Dec 17, 2013I wish I knew what is the base currency JPY/US$ is used. The data maybe misleading due to JPY devaluation.
Japan Trade Balance
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frx_trader commented Dec 17, 2013I didn't say "predict". Do you know what 60 ema is and how to use it? Or do you miss LG? BTW, I cannot impersonate LG, you can find somebody else.
Eurozone officials approve EUR 1bln Greek payment
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frx_trader commented Dec 17, 2013So Essentially the writer says Taper is not good for economy. And Taper will be good. I don't know. I must be a foll to believe such thing.
Why a Fed taper will be good for the economy
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frx_trader commented Dec 17, 2013Today is mostly noise. My 60 ema stays flat all the day. Probably tmr will be the real mover.
Eurozone officials approve EUR 1bln Greek payment
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frx_trader commented Dec 17, 2013seeing and expecting are different from truly trading.
Only 11% of fund managers see a taper this week, survey finds
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frx_trader commented Dec 17, 2013It's 1 trillion less than 5 tril. And still a far 6 tril less than 10 tril.
Fed’s $4 Trillion Assets Draw Lawmaker Ire Amid Bubble Concern
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frx_trader commented Dec 16, 2013Market can do otherwise. But Jay gives very good reasons. I will miss the boat.
Euro Set-up To Top Against Greenback Into New Year
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frx_trader commented Dec 16, 2013They run several scenarios in simulation. They only give us one scenario. They (the economists) know it is not what happens. Well, they have other scenarios in their hand. In a range of rationality 0 to 1, with 0 be irrational and 1 be the most ...
Hey, Economists: People Are Complicated
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frx_trader commented Dec 16, 2013Hahaha.... Ebi = a kind of schrimp served on the table.
China Slams Abe's "Malicious Slander"; Warns Japan Is "Doomed To Failure"
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frx_trader commented Dec 16, 2013Chinese Society is still in shock with economy driven by market. They were supported by government, told what to do, they didn't have to think, or even they were not allowed to think. Situation is a bit better. Travel ban is lifted. But to change ...
China Slams Abe's "Malicious Slander"; Warns Japan Is "Doomed To Failure"