And not only that, but the market also realizes that he realizes that. And the market is bigger than him.

NZD/USD

LOL. Maybe you didn't actually read my post. I didn't say I didn't like volatility. I said that NZ econ releases during thin market hours prior to the Tokyo open create volatility for no particularly good reason.

NZD/USD

Keep in mind that RBNZ has a "no comment" stance on FX interventions and regards NZD/USD level as being "unjustified and unsustainable". If you were a central bank w/that opinion and you were actively intervening, with limited firepower, you would ...

NZD/USD

Ok, so no short covering on better than projected trade balance ... guess that means more down, oversold chart or not. Getting dangerous for longs and shorts as well here ... USD index has screamed nonstop to 2013 highs since July, and is now at a ...

NZD/USD

Thanks for the link - no way to anticipate such market moving releases I suppose. Why doesn't NZ wait a couple hours for the Tokyo open to release data and news btw? Seems to make for unnecessary volatility to insist on coming out with it the very ...

NZD/USD

Quick move down -30 pips in 1 minute just now. Not seeing any news. Anyone know what that was all about? About half of that 30 pip move retraced so far as I write this.

NZD/USD

Not a snarky question as I don't follow NZ politics, but - are there major fiscal issues at stake w/this election?

NZD/USD

Wheeler said "no comment" during Q&A when asked if RBNZ had been intervening these last weeks. Would make sense for them to be leaning on NU while the USD runaway freight train was going their way. NU selling has had hardly a bounce in the last 8 ...

NZD/USD

Dollar index daily chart short term overbought, NZDUSD selloff mostly uninterrupted from 0.88'ish, and one of the biggest negative carries in FX to be short NZDUSD - all reasons for tactical long NZDUSD. Continued/further USD safe haven bid on ...

NZD/USD

That's one thing about fx markets - it's arbitrary and capricious whether they respect or blow through support and resistance. NU is dangerous for both longs and shorts here.

NZD/USD

BTW, short EZ looks good here given the very divergent monetary policies and the great positive carry.

NZD/USD

NU shorts are pressing it here at this obvious technical level, given the negative cost of carry and the possibility of geopolitics coming off the boil and the safe haven USD bid cooling off.

NZD/USD

url We are all shiny happy lab rats.

AUD/USD

NZD already had bad data come out; bad news is exhausted for now in NZD after Wheeler communicated a pause and after bad jobs data this week.

AUD/USD

No offense or snark intended, but from experience, "they're out to get you" thinking has gotten me nowhere. The beast is what it is ... it's a question of learning to ride it, or not. Forex moves can come out of nowhere, so manage positions and ...

AUD/USD

Flat AU. Daily chart is in the middle of the range and jobs numbers tonight and policy statement tomorrow night could move it either way.

AUD/USD

And BTW now that NZD jobs numbers have dropped and possibly exhausted the NZD downdraft for a while, short EZ (even higher carry than short EA) looks quite interesting here.

AUD/USD

Negative carry on EA long is powerful gravity. This carry is not going to get reduced by either central bank anytime soon. As with any trend, the retracements are sharp and fast. Long EA can be profitable but only w/very very consistently good ...

AUD/USD