Stocks are curiously downbeat following a supposed announcement that ECB QE is on the way. Something strange is going on......

EURUSD

Imagine the carnage and destruction if it really did plummet back to 83.....

USD/JPY Discussion

What's the timeframe for your target?

EURUSD

USD index looked quite solid bouncing off 79. I think anywhere from current levels to 1.6950 is a good shorting area for this pair.

Cable Update (GBPUSD)

What a rollercoaster ride!!! So nice after all those dead sessions.

EURUSD

I'm anticipating a stronger than expected NFP report, which will push UJ above 103. Looking for a good entry point for longs before the release.

USD/JPY Discussion

Household spending up 7.2% vs 1.7% expected. To say it didn't have much of an impact on the markets is an understatement.....

USD/JPY Discussion

All those billions of Euros for Greece, Portugal and Ukraine have to come from somewhere. So be a good little EU citizen, and cough up already.

EURUSD

I think at these levels risk/reward clearly favours the short side. In the medium term this should retrace back to 1.65 at least.

Cable Update (GBPUSD)

I don't think today's moves by the FED will have done the USD any harm. But the question remains whether the plunge in quarterly GDP was purely weather related, and if not - to what extent.

EURUSD

32 minutes to go..... until Yellen raises the prospect of tapering the taper, and sends the USD into a death spiral once more.........at least, if you believe the rumors swirling around right now.....

EURUSD

Well no doubt if we get above 1.39 the ECB will send it's paper tiger Draghi out to growl at investors. It remains to be seen how much of an impact that will have. How long can you threaten to do something, without actually doing it, and still be ...

EURUSD

I think I know what's coming now: Disappointing US GDP number, followed by an uber-dovish FED statement, and we'll be at 1.39+ by sundown.

EURUSD

Spanish unemployment up. Italian retail sales negative. German CPI data negative. EU private loans down. Behold the great "European Recovery". Perhaps the Draghi should start raising rates to cool things down a little.....

EURUSD

It's really struggling at these levels. I think we could see 6670 by the end of the week.

Cable Update (GBPUSD)

I think one of the biggest and most obvious areas of support is around the 101.30 level. If we managed to break below 101.20 the result could be something quite spectacular.

USD/JPY Discussion

I think the ECB has effectively capped the Euro at 1.39. Every time the price nears that threshold ECB members immediately come out and screw the QE rhetoric up a couple of notches.

EURUSD