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Exodus commented Jan 29, 2013This reads just like one of those pearls from 'fxtechstrategy', who famously posted that UsdChf would close above some level by Thursday when it was already above it by Wednesday pm.... ...only 19 pips to go! edit: there is some strong resistance at ...
EUR/USD Breaks Consolidation High; Can it Clear 1.35?
- Exodus commented Jan 29, 2013
$1 = Y100 was a real rate not that long ago. I remember people in this forum predicting UJ would fall below 90, and it was 110 at the time. So parity is no big deal and would certainly help their exports. However I do not believe that Nippon govt. ...
ECB Allots 124.149 Bln Euros In 7-day Operation
- Exodus commented Jan 29, 2013
This complete bo||ocks from CNBC. The carry trade is borrowing Yen to buy something that yields considerably more. Nobody is carry-trading UJ, neither currency yields anything. However the Yen is definitely weakening, but not because of carry ...
Remember the Yen Carry Trade? Well, It’s Back
- Exodus commented Jan 29, 2013
The short term driver on xxxJPY is the effect of Abe-nomics. The Japanese version of "we will do whatever it takes to save the economy" has encouraged a large shift of money into Japanese stocks. The thinking is that stocks will benefit from ...
US Pending Home Sales Down in December but Remain on Uptrend
- Exodus commented Jan 29, 2013
...even HRH Queen Elizabeth II (of the UK) has asked her senior politicos "how did this happen?" - referring to the financial crisis/crash. Nobody gave her a sensible reply, nor held up their hands in admission of committing a major gaffe. I have ...
Spain retail sales fall 10.7% in December
- Exodus commented Jan 28, 2013
How far Joints going to buy EJ u reckon?
US Pending Home Sales Down in December but Remain on Uptrend
- Exodus commented Jan 25, 2013
GBP going north today is just an aberration of the US money printing, imho. Currency prices never moves only in one direction, the last 10 days GU has been down and today it has retraced a bit - but the day is not yet over... When a country is in ...
ECB says banks to repay 137.2 bln euros of 3-year LTRO money Jan 30
- Exodus commented Jan 25, 2013
.....noooo, Japanese just sit quietly bye, and let N.Korea and US start at each other. Just need some Jackass to threaten over testing of rockets or something and we're off!
ECB says banks to repay 137.2 bln euros of 3-year LTRO money Jan 30
- Exodus commented Jan 25, 2013
...the UK would merely employ some Greek accountants to make the figures look better than any current EU member
EU’s Reding: UK will lose a lot if it leaves the EU
- Exodus commented Jan 25, 2013
Dear God, thank you for bringing the Dragon back above 143.0. Green pips
Trend looks down, recent data has been miserable. There is local SR at 1.5820 and 1.5850. If that fails then short might be the wrong way on a day-trade timeframe. Jonah is ...Pop goes the weasel!
- Exodus commented Jan 25, 2013
UK will lose things like car production. Nissan and Honda will relocate to Spain for instance. UK provides an entry to the EZ market without needing to pay import duties etc. If the UK is outside the EZ then all the requirements for certain goods to ...
EU’s Reding: UK will lose a lot if it leaves the EU
- Exodus commented Jan 24, 2013
@ Jonah ....where is Yen parity ? ...and do they consider anything else apart from USD ?
Pop goes the weasel!
- Exodus commented Jan 24, 2013
At the risk of persisting with a troll....... E/U is performing a flag pattern 1.3250 - 1.3400 Euro goes up because trade balance is positive, EZ spends less than it earns. Euro goes up because Draghi hasn't realised that he should really talk it ...
Strongest US manufacturing expansion since March 2011
- Exodus commented Jan 24, 2013
I think they all give fake numbers, except for the truthful ones
Pop goes the weasel!
- Exodus commented Jan 24, 2013
...no, it was Vincent Price
Dr Doom says quantitative easing will create zombie banks, firms and borrowers
- Exodus commented Jan 23, 2013
...and tomorrow the markets will tell us what they think about it all.
AAPL earnings $13.81 (vs 13.53 est.)
- Exodus commented Jan 23, 2013
....I have a bad feeling about this GDP targetting motion...
Dr Doom says quantitative easing will create zombie banks, firms and borrowers
- Exodus commented Jan 23, 2013
...he didn't go to Switzerland...?Sarkozy's plans 'to dodge new 75% French tax rate by moving to London with wife Carla and...
- Exodus commented Jan 23, 2013
By way of example, in this trading statement you will find the following unlikely entry:- The continued wider macro economic uncertainty has contributed to the challenging market conditions in Spain. Despite this backdrop, we have completed 156 ...
US Home prices up ‘unsustainable’ 5.9% in 2012
- Exodus commented Jan 22, 2013
That coz Draghi sez unhelpful things such as "the worst of the storm clouds have passed over". Next week he needs to say something like "I can't see the French sovereign debt being a problem unless Ireland needs more bail-out" - that should fix it ...
Please Welcome UK To The Global Currency Wars