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UK PPI up big ! This could bring back rate hike talks again.

Further fall-out from Tuesday"s US retail sales data helped to push USD/JPY to 107.10 in Asia and 107.45 in early Europe. Small Asian offers put a top in place at the 107.45 level but the outlook is for further USD gains as US fundamentals continue to improve. A healthy inflation number for...

EUR/USD trades around 1.1945/50 in early European morning Wednesday. Steady gains have been made since falling to a fresh five-month low of 1.1896 in Asia. On the data front, March inflation reports from Germany (0.3% M/M) and France (0.4% M/M) had little impact. Meanwhile, the Bank of France...

We are looking at another Standard Deviation Day in EUR/USD and GBP/USD caused by better then expected U.S economic releases Please don;t get hurt by picking bottoms , Sell every rally in both pairs (SDD) was discussed by me in the earlier threads

With much of the world"s attention riveted on Washington as Condoleezza Rice testifies before the 9/11 Commission, activity may wind down a bit in the forex markets after a volatile morning. Combined with the coming Easter weekend, it"s as good an excuse as any. EUR/USD steadied after dipping...

Moody's just upgraded Japan to Aaa. This is HUGE!!!! This will add to the tidal wave of capital inflows! Thus far Japanese investors have yet to participate. This will help to make them think twice about where they want to invest. In addition this could also help the average Japanese...

Eur/GBP is also a good indicator. It usually has a positive correlation to Eur/USD. Gold also can be a good indicator.

With the US economy now showing signs of strength, and the market seeing a rate increase from the FOMC sooner rather than later. The FX market will now start to look at Europe for signs of a recovery. This weeks data will be HUGE. If German industrial production and PMI come out worse than...

EUR/USD ran up to test the 38.2% fibo retracement of the 1.2925/1.2045 drop before stalling. Dealers are finding it difficult to get bulled-up on EUR/USD based solely on the lack of a rate cut from the ECB or any sign of one to come in the future. The best Trichet had to offer was that the...

EUR/USD posted fresh six session highs of 1.2356 after the ECB left interest rates at2.00%. The pair has now fallen away towards 1.2320/25, which suggests that some investors in this market feel a cut was needed. All...

EUR/USD has broken to fresh session highs at 1.2301. 1.2365 is next resistance of note Earlier Bloomberg reported that Greenspan had suffered a mild heart attack. Turns out there was no confirmation by Bloomberg. The Fed refuses comment on the rumors. Fueled by weak U.S economic Chicago...

Tonight's CPI number could be important to the ECB as Europeans have historically been scared to death of inflation. Inflation typically is a killer to consumers and much of the Euro Zone GDP is based on Consumption, halph of French GDP. If tonight' number, Ex Oil, comes out lower than...

estrader - Mr. Trillion Dollar Man Are you suggesting EUR/USD 1.2300 Before Thursday Unforseen events is how you became a trillion dollar man ? My suggestion don't trade blind. You don't know me, next time reply with something solid . This site is for informative purposes not for...

With the POSSIBILITY of ECB cutting rates on Thursday, I would be reall nervous going long this pair. Hourly channel being around 1.2300 I don't see what's going to drive EUR/USD up to that level. Shorter term resistence level is around 1.2200 and I would be selling any bounce at this...

Looks Like the EUR/GBP is pushing GBP/USD around and that's the reason for GBP/USD (cable ) being down so much but EUR/USD is basically at the same levels as yesterday See how the CROSSES have such significance on the the major currencies EUR/GBP rallied UP from.06630 level to .6730 level...

STANDARD DEVIATION DAY: When a currency pair is UP or DOWN 100 or more pips, the rule is you never expect a retracement. In case of it being UP 100+ you wait for pullbacks, GOOD ENTRY POINTS and BUY. If it's Down 100+ you wait for bounces, GOOD ENTRY POINTS and SELL. Obviously you have to take...

As I mentioned Standard Deviation Day !!! Plus the mention of the EUR rate cut are all factors of this huge sell off. People that do not believe in rate cut and are buying the pairson dips are loosing a lot of money today . Hope it's none of you. Let's not forget the big IFO number comiing...

Today Is a perfect what's called a Standard Deviation Day in EUR/USD, GBP/USD. Both pairs are down over 100 PIPS and chances it will remain that way for the rest of the day. I would be looking to sell the strength instead buying the dips in hopes of them retracing back. I would sell every...

Anyone know a place where I can go to trade FX that can give me all the tools professionals use in NYC? I heard there are a few places that have recently opened up... Looks like the GBP/USD is making a nice Flag on the hourly...could see 186 tonight if it breaks out of the flag at the 185 level.