I think the Euro sells off this week. There will be a flight to the dollar due to its safe harbor status.

EURUSD

Thanks, I've been watching. We're on risk off across the global markets and the dollar continues to weaken. That's a new development to the risk-on/risk-off dollar trade.

EURUSD

Insanity, I would bet my last dollar that there is no way that the ECB will raise rates in the next 12 months, but a couple of rumors and the EURO flies despite Draghi saying no hikes anytime soon. Amazing how the market doesn't believe Draghi, but ...

EURUSD

Looking for a big move down when the wedge breaks.

USD/JPY Discussion

The other countries who are driving their currency down don't have a lack of confidence in their banking system nor fear a break up of their country. A strong Euro shows confidence in the banking system and the fact the Eurozone will survive. ...

EURUSD

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Aussie Trading Room and Cartoons Gallery

That's a big miss for such a low number.

Aussie Trading Room and Cartoons Gallery

Wow, this has got to be thin markets being manipulated by some big players today, no way the risk on risk off eur/usd trade is over. I can't believe the bounce back we got during US trade with the DOW tanking.

EURUSD

I wouldn't be long here, nice 4 hr Bearish outside bar off resistance engulfing the prior 5 bars. That said, the market so wants to go higher and should Harry Reid, President Obama or Boner make any positive comments about the FC, we should rocket.

EURUSD

President Obama just landed in Washington DC. It's time to rally!

EURUSD

Harry Reid just spoke on the Senate Floor, put some cold water on the Pie in the Sky morons on Wall Street who think a last minute deal is so so close.

EURUSD

You really think the market is willing to give up on risk on/risk off with the FED continuing to print $85 billion a month. If it wasn't for the FED the USD would be at parity or worth more than the EURO given the divergent economies. US strength ...

EURUSD

We've known it for a long time, but this FED is on crack. lol

GBP/JPY

I'm hoping we got our Fed minutes jump already and that it's a buy the rumor sell the news move. lol

GBP/JPY

I think you could definitely be right, I'm trading this area hoping we continue to range between 1.35 and 1.18.

GBP/JPY

Shorting here as well. If it's going to reverse this area is it technically speaking, if not, I think 140 is in the cards before the down trend continues. Of course, I'm expecting an initial pop to the FED news and will add to my short at that time ...

GBP/JPY

New Chinese stimulus rumor, just what the markets needed to wipe out all those stop loss orders. lol

GBP/JPY

I see, I'll be paying close attention.

AUD/USD

I carried my shorts over from last Friday, looking to get out at 1.0150, so it will probably hit 1.0151 and reverse. lol

AUD/USD

They're taking out all the stop losses of those sleeping right now. lol

AUD/USD