Here is the real lunatic asylum- Rating Agencies. How can you downgrade Ireland when its getting bailed out by its Central bank for E90 billion and yet the US who prints trillions doesnt get touched? Whats more the US points its finger at Portugal ...

EURUSD

when punters are talking about.. "Made 300 pips"... Are they talking about against certain lot size,are they doing this against the lowest denomination of amount or just purely market movement?

EURUSD

Thats the skill of the trader to adapt in every market condition. That is why Australiasian traders are very sort after.They are experienced in dealing with markets that are skittish or liquid.

EURUSD

You put "Safe" and "Broker" in the same sentence. Your grammar teacher would have you expelled for that.

Safe Broker...

Nice methodology for volatility.. Lets see the China numbers and if they are good the topside cud be 1.40 in a panic

EURUSD

Dont worry about that.. Australia is currently been serviced under a Labor govt. So far they havent implemented any policies. Its all talk because of CBA hiking mortgage rates above RBA and want to hose down political backlash. All Juliar Gillard is ...

AUD/USD

Wouldnt bail out banks. Would print but give it to small business with an incentive to employ more people.

USD/JPY Discussion

I maybe wrong but whilst the dollar is declining across the board and infact the Yen is weakening against the cross rates,its highly unlikely that the BOJ will intervene.

USD/JPY Discussion

RBA comments out in about 30 mins.. Stevens may try and jawbone the currency lower. We know its going to go higher overall however my bet is he will skew some words in there to confuse and take the sting out of it in order to stop the one way ...

AUD/USD

I think you have to be very careful on this cross. If dlr yen weakens and dlr is strengthening BOJ will be concerned. I dont think they minded when the dollar was looking weak. If you are purely looking at the AUD depreciating then fine.. but I dont ...

AUD/USD

China would like to extend its thanks to all those fund managers who dumped their risk portfolios and gave them cheap commodity prices.

AUD/USD

Yup they took out the weak shorts and then sold and we r in for the ride down.

AUD/USD

The question remains.. Will the Panza division rear its head over the hill squeeze out the current shorts who were long early in the day and bite them or do we dive like Greg Luganis bumping its head on the way down..

AUD/USD

haha.. Now let me look at the lows on the charts..

AUD/USD

Yup.. I think it stems from all the cryptic crosswords they do up there in between board meetings.. Besides the RBA probably lobbed out their Aussie already so its time for it to dive so they can buy it back

AUD/USD

Mkt does look heavy though and needs some fresh supply.. If Europe doesnt buy we are going to see some nervous longs bail

AUD/USD

Well the pattern has been Asia sells Europe buys. It appears mkt got itself long after RBA and down she came.

AUD/USD

Remember the Asia factor LOL the reverse indicator

AUD/USD

Nice work.. Mkt seems to be cght in limbo.. AUD falls RBA will raise rates.. AUD rises RBA may hold off.. So earn those daily points.. Seems frustrated bulls are selling out .. They want instant parity.. LOL Lets see what Europe does..

AUD/USD