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frx_trader commented Feb 13, 2013Do I hear somebody says trading currencies is risky, but risks are manageable?
ECB worried EUR strength will hurt recovery in crisis states
- frx_trader commented Feb 13, 2013
things keep changing. Isn't there anybody to say what's going on? everything's ok, fine. One hour later, no, it's not ok, it's not fine.
ECB worried EUR strength will hurt recovery in crisis states
- frx_trader commented Feb 12, 2013
5-10 yrs? How about 5-10 minutes? He must be kidding, or pull an answer from nowhere. Even if it's true, the effect will be minimal tiny atm.
Bank of Canada's Carney speaks in Ottawa
- frx_trader commented Feb 12, 2013
The year of snake: tricky. Uncertainty is at its height.
Carney: Some G-20 members need to work on flexible currencies
- frx_trader commented Feb 11, 2013
Growth in nominal term maybe achievable, but still a question in real term. What Brainard didn't say was he would support the effort, and Abe did so in return to support US economy. Traders read not only the headline, but also the purpose and the ...
Treasury’s Brainard: US supports Japan’s efforts to reinvigorate growth, end deflation
- frx_trader commented Feb 11, 2013
They don't teach in a classroom. LOL
ECB's Weidmann dismisses talk of intervening to weaken euro
- frx_trader commented Feb 10, 2013
How is this different from Abe's plan? They have something in common: spend, spend, spend.
Obama to Propose Spending to Boost Jobs in State of Union Speech
- frx_trader commented Feb 10, 2013
You are welcome. We will know more when Europe market opens. For GBPUSD, I don't see it will reach 1.6 next week. But things can change rather quickly with Obama and Ben speeches.
Forex Weekly Outlook February 11-15
- frx_trader commented Feb 10, 2013
Uncertainty is quite high atm. Comments are flying everywhere. So, watch your trades. Or if you are not sure, suspend trades in suspicion. Or take ATR as a measure, high low of a day, 2 days, 3 days, ... a week. Then multiply by 2. They can provide ...
Forex Weekly Outlook February 11-15
- frx_trader commented Feb 8, 2013
Market seems to ignore Aso and this news to non-existence.
Japan's Aso: yen has weakened more than intended
- frx_trader commented Feb 8, 2013
Correction. Not all Chinese members celebrate Lunar New Year. And Lunar New Year is celebrated by others non Chinese. It's better to say Happy Lunar New Year. Anyway Happy Lunar New Year
Trade Deficit in U.S. Plunges on Record Petroleum Exports
- frx_trader commented Feb 8, 2013
Needless to say 1.30 is the strong support.
EUR/USD Consolidates Around 1.34 and New Channel Support
- frx_trader commented Feb 7, 2013
Are spain, greece, and italy the cores of EZ? IMHO, EZ cores and centers are France and Germany. If there is a dispute between Hollande and Merkel, EZ will suffer.
Draghi Strikes Again: Talk, but No Change
- frx_trader commented Feb 7, 2013
99 spells nine and nine
China’s Exports Exceed Forecasts in Holiday-Distorted Month
- frx_trader commented Feb 7, 2013
His analysis is not bad. But the attacks to traders using fundamental analysis is ridiculous. Many traders trade what they know best. I don't use RSI and MACD, though they are well known to provide some signals. He and Jaygee may represent two poles ...
Webcast of the ECB press conference 7 February 2013
- frx_trader commented Feb 7, 2013
It's time for Merkel to be the winner of all losers. LOL
Draghi Counts Cost of Saving Euro as Currency Rebounds
- frx_trader commented Feb 7, 2013
Draaghi'd better be. Anything less, 1.28 is coming.
ECB Won't 'Talk Down' The Euro; Risk Reward Favors S/T Upside - Barclays
- frx_trader commented Feb 6, 2013
It's not how big a land, how much products, how high quality. It's about competitive pricing. But let Euro have 2.0 exchange rate. good for Euro.
Germany Dismisses Hollande’s Call to Steer Euro’s Rate
- frx_trader commented Feb 6, 2013
"Exchange-rate policy isn’t an appropriate instrument to boost competitiveness; .......... “Sustained competitiveness can’t be achieved in this way.” Seibert told journalists in Berlin. I don't think he understands exchange rate at all.
Germany Dismisses Hollande’s Call to Steer Euro’s Rate