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frx_trader commented Feb 6, 2013UK stocks indexes are gaining besides Japan. What pain?
U.K.’s sterling faces a long, painful slide
- frx_trader commented Feb 6, 2013
It's about time to bring it up. Can't avoid as if there were no problema at all.
French Fin Min: Will Raise Euro Issue With Eurozone Counterparts Monday
- frx_trader commented Feb 6, 2013
Why are European stocks in red?
No rebound yet, but some U.S. companies see European bottom
- frx_trader commented Feb 6, 2013
I thought I was. But look, the market moved back and forth for the past 3 hours. And you can see the last candle of 4 hr chart. That means market moved around that price.
EURO In Correction Not Trend Change
- frx_trader commented Feb 5, 2013
It means white and green snakes. And will be soon flooded. LOL. another riddle.
Euro Rockets To 1.3565 On MNI Sources Story
- frx_trader commented Feb 4, 2013
Mind you, the whole Asia was in and endured the crisis. Some are still in crisis. But it was a different kind of crisis. It was all over across Asia, none of them was spared.
Greek finance minister sent bullet in the mail
- frx_trader commented Feb 4, 2013
the exchange rate remains higher than might have been expected, ...... Why the rate is unchanged?
RBA Statement on Monetary Policy
- frx_trader commented Feb 4, 2013
rate change: 1.01 - 1.05 rate no change : 1.06 - 1.12
Australia International Trade in Goods and Services
- frx_trader commented Feb 4, 2013
According to my USDJPY calculation, 50 JPY rise from 400 JPY to 350 JPY is only 12.5 % rate hike. And now, 17 JPY fall from 75 JPY to 92 JPY is 22.67% rate fall.
Japan finance minister Aso: weak yen result, not goal of anti-deflation policies
- frx_trader commented Feb 3, 2013
IMHO, given circumstances, JPY fall is inevitable. BOJ just confirms it, and it is the right action to some degree as long as it is not overdone. There is no sign of unemployment hike yet, and BOJ wants to make sure it stays low.
Japan finance minister Aso: weak yen result, not goal of anti-deflation policies
- frx_trader commented Feb 3, 2013
Back to USD. Uh, no, yes, no, yes, sell or buy?
Japan finance minister Aso: weak yen result, not goal of anti-deflation policies
- frx_trader commented Feb 3, 2013
The principle of momentum is something will keep moving in the same direction, unless bigger momentum in reverse direction. So any news less than the momentum, cannot produce reversal. It has enough momentum at least to reach 1.4. Unless bigger ...
Euro vaults $1.3700 for first time since mid Nov 2011
- frx_trader commented Feb 2, 2013
On Jan 31st, she said "I am very optimistic that on the question of the long-term EU budget, we will be successful, that we will get an agreement,". Two days later Feb 2nd, this is it.
Merkel says EU budget talks will be tough, outcome unclear
- frx_trader commented Feb 2, 2013
Cameroon is once again lone ranger.
Merkel says EU budget talks will be tough, outcome unclear
- frx_trader commented Feb 2, 2013
The train just keeps going and going and going until it crashes. LOL. I think China is a big impact atm. USD, should be forgotten. Euro is next. And don't talk about GBP. JPY, well, it's ....
Euro vaults $1.3700 for first time since mid Nov 2011
- frx_trader commented Feb 2, 2013
Market has no mercy on losses. Market fooled me when EJ dropped from 120 to 117, that set a bullish run going to 125, and maybe 140. But we will see.
Elevate Your Trading With 5 Tips on Trading Losses
- frx_trader commented Feb 2, 2013
The momentum just can't be stopped. USD and JPY are known to weaken their currencies. And don't ask about GBP. EUR is still cheap enough to buy. But don't take it for granted. There is up and down. Just the timing.
Euro vaults $1.3700 for first time since mid Nov 2011
- frx_trader commented Jan 31, 2013
But unemployment rate is low.
Moody's says that Japan stimulus likely to lift the economy out of recession