- Search Energy EXCH
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frx_trader commented Oct 22, 2014The Headline should read: Australia dollar down BECAUSE OF upbeat NAB survey, China PMI. It's clear that AU down BECAUSE of them. But the writer logic is upside down.
Australia dollar down despite upbeat NAB survey, China PMI
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frx_trader commented Oct 22, 2014What id BOE main concern?
Bank of England Agents’ summary of business conditions
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frx_trader commented Oct 21, 2014Agreed. If it hits 1.29501 then 1.30 and 1.31 is in the shooting range. I would hold (long) at 1.29501 unless it goes below 1.28.
A Word Of Caution On EUR/USD - Goldman Sachs
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frx_trader commented Oct 21, 2014Buy on the dip. At what price? 0.80?
Buy AUD On Dips - Credit Agricole
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frx_trader commented Oct 20, 2014Not much reaction from the market. AUD is still ranging.
China’s Economy Grows More-Than-Estimated 7.3% in Third Quarter
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frx_trader commented Oct 20, 2014The headline is nothing wrong. It says China growth may slow sharply. As my English is not so good, but I understand that it probably slow sharply, but there is room that it may not. 50-50% chance.
China Growth May Slow Sharply From 2020: Conference Board
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frx_trader commented Oct 20, 2014"EUR: Structural Decline Expected. Bearish. ". I wouldn't sell EUR atm. It has gained strength recently. Most of my EUR sells have been stopped.
USD, EUR, JPY, GBP, AUD: Outlooks For The Coming Week - Morgan Stanley
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frx_trader commented Oct 19, 2014You are quite true, money can't buy happiness. But money will not get you into debt and tears. Education for some ppl is hard work. Going to fish for some ppl is hard work. Ppl don't like hard work. Ppl want to live easy lives and spend days bathing ...
Panic money-printing won’t save the eurozone
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frx_trader commented Oct 19, 2014This is utopian. Do ppl want education? No. Do want ppl want to have skills? No. Do ppl want to fish? No. Do ppl want more opportunities? No. What do ppl want? Money, happiness, to be rich. If ppl have money, happiness, and rich, do they want ...
Panic money-printing won’t save the eurozone
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frx_trader commented Oct 19, 2014I think the problem is the subsidies and taxes. As I was young, I work my arse so that I will not endure hardship and burden the family when I grow old. Here you don't have to work when you are young, because when you are old, you will be subsidized. ...
Panic money-printing won’t save the eurozone
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frx_trader commented Oct 18, 2014I see your point. But what will she do? She didn't say she will take any action, just some great concern. Is that enough? I am trying to see what points did she make. If there is no point why did she elaborate on inequality in US? So, we don't know ...
Yellen: Perspectives on Inequality and Opportunity from the Survey of Consumer Finances
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frx_trader commented Oct 18, 2014Yellen: (2nd Paragraph) : "The extent of and continuing increase in inequality in the United States greatly concern me. " Will she give money to the poor? Or will she raise the minimum wage? Or does she mean QE has increased inequality so QE must be ...
Yellen: Perspectives on Inequality and Opportunity from the Survey of Consumer Finances
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frx_trader commented Oct 18, 2014Yellen: (2nd Paragraph) : "The extent of and continuing increase in inequality in the United States greatly concern me. " Really? What has she done to the increase inequality? "Greatly concern but do nothing". Talk is cheap.
Yellen: Perspectives on Inequality and Opportunity from the Survey of Consumer Finances
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frx_trader commented Oct 17, 2014Take my words, they will soon be forgotten. They are not Nobel Prize winner. And where did they study? Harvard? Oxford? Are they professors? You should learn about culture. You know Asian like Western stuff. They will not read a paper from another ...
China Flinched
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frx_trader commented Oct 17, 2014So, it needs more and more turmoil to dimm US economy. Is he asking for it? The economy is unlikely to be dimmed by market turnmoil. But, market can send a message that they don't like what they see.
Fed's Rosengren: Market turmoil hasn't dimmed US economic forecast - CNBC
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frx_trader commented Oct 17, 2014LOL this is not new to me. A homeless reported that USD 1K was stolen from him. BTW, that's a lot of money, enough to live for 6 months comfortably.
This is not another financial crisis
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frx_trader commented Oct 17, 2014Yeah, they are all in relative terms. I think US economy was booming in Reagan era. I could be wrong though.
This is not another financial crisis
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frx_trader commented Oct 17, 2014If the market is moved by the economy, I would buy all the stocks in the world. Who can say US economy is bad? Who can say German economy is bad? Who can say Australia economy is bad? Who can say Japan, China, Korea, NZ, UK, Canada economies are ...
This is not another financial crisis