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Fed Bank of Chicago President Michael Moskow two days ago said the central bank may need to resume lifting borrowing costs because inflation remains a threat.

Here's another loonie one to noodle on. I apologize for the size but it dates all the way back to 1974. Remember what was going on in 1974. I think inflation may have been a tad high. Now here we are 32 years later and we have hit the 78% make or break reversal area. Are the inflation gods...

Here's loonie chart. Can she recapture this reversal point. Hmmm?

Yes. You could be correct on that one. Or is it already priced in all these longs in the market? Seems as though alot of data was priced in this week. Maybe he thinks Friday mid-morning would be a good time to let a little monetary policy slip in. Holiday coming and all.

Accumulation or Distribution Phase of next leg? Does it make sense that we were accumulating in November and have been going thru distribution this summer? Anyway, as expected volume has been well below average this summer. Amazes me....where do people go?

I know it is hard to see, but when price first hit this circle (61.8) it bounced sharply. Was the IFO number. Then retraced today sharpley at is right back on the arc again. A move thru here is critical, otherwise she will climb up the arc. This is stretched from the November 2005 starting...

EC right on the median line. DOWN, DOWN, DOWN. Doing a dance in my office.

This current area on the EURUSD is quite a stand. It is a key area on almost all my studies and I expect with some of yours also. I am beginning to wonder if we might not take another trip up the ladder for good measure. I don't think so, but who knows really. You guys think the German CPI...

You know it was only Feb of 2003 (approx)when we were last at this price.

Whenever it gets there. Obviously long term, but I can wait. I just hope I don't die first. I am holding for those type of levels in my long term accounts. If something tells me differently then I will change course, but right now its long. The only question is if price will decide to visit...

USDCAD Short Term Longs could have been established yesterday, but I was already long. I see this pair moving to 1190 and 1250 area. Next is a tougher call. Long Term target is 1.30 then 1.50 --bull

I am looking for the EURUSD to trade down to the 2720 area. Once (if) this occurs then the breakout will come from this area. Time will tell which way she goes. Good luck everyone. ---bull

Likely a good play. Good luck. If the USDJPY can build value and settle above 116.70 somehow, it would be a very bullish sign for me and could signal a break to the topside. Signed....waiting and watching and praying. ---bull

Oh no....my USDJPY trade might be jinxed. Dollar May Advance to Six-Month High, Citigroup Charts Indicate By Ron Harui Aug. 24 (Bloomberg) -- The dollar may complete the first monthly advance against the yen in August since 1997, said analysts who study charts that predict price...

More mindless bantering.... 19:17 USD/MXN: Peso Plummets No News - Investment Banks $ Sellers] New York August 23. USD/MXN ripped north this afternoon on no news, just cut outs - as what started as a USD rally against majors ended up as an MXN debacle. Calls to the few senior traders...

This one is somewhat interesting.. [17:34 EUR/USD: Traders Apprehensively Eyeing Support Above Stops] New York August 23. Leveraged account and momentum account stops located just below the market at 1.2770 has spot traders a little apprehensive this afternoon, as liquidity starved...

19:48 GMT August 23rd] EUR/USD opened up this morning at 1.2820 after a failed rally pre-NY opening that stalled at 1.2833, a brief test of earlier lows at 1.2785 was rebuffed by smaller European central bank purchases, and when soft US existing home sales data was released the pair shot up...

20:53 AUD/USD: Some Factors to Weigh on The AUD] San Francisco, August 23. The AUD/USD has continued to hold near 0.7625/30 through the afternoon despite some factors emerging that could weigh on the currency. The sharp sell-off in the MXN today is a risk since emerging market currency...

Yen Traders ---- DO NOT OPEN THIS

More weird but powerful for the EURUSD