EUR Tanking

Optionpro007 · Oct 2, 2005

Could anybody tell me if this move was news related ?

KS96 · Oct 2, 2005

Quote from optionpro007:

Could anybody tell me if this move was news related ?

broken-support-at-1.20-related...

Optionpro007 · Oct 2, 2005

Quote from KS96:

broker-support-at-1.20-related...

Got it.

It happened shortly after 8PM though.

FXsKaLpEr · Oct 2, 2005

It's the Turkey/EU deal.

everybody's dumping the euro again - moving money into the USD.

this whole thing is forming on speculative gasses.

typical.

KS96 · Oct 2, 2005

Quote from optionpro007:

Got it.

It happened shortly after 8PM though.

Japanese markets opened....

however, 1.1940/60 look like good levels for a bounce
up to 1.1990-1.20 for a re-test

Optionpro007 · Oct 2, 2005

Quote from KS96:

Japanese markets opened....

however, 1.1940/60 look like good levels for a bounce
up to 1.1990-1.20 for a re-test

Hope you do well.

So at 5pmET Australia opens

at 8pm ET Tokyo opens

at 2am London opens..

at 8 am NY opens

Is this correct?

Thanks !

SethArb · Oct 2, 2005

blame it on the Tankan !

headline from bloomberg tonight

-Yen Drops to Weakest Since May 2004; Tankan Less Than Forecast-

FXsKaLpEr · Oct 2, 2005

Quote from SethArb:

blame it on the Tankan !

headline from bloomberg tonight

-Yen Drops to Weakest Since May 2004; Tankan Less Than Forecast-

"This worse-than-expected figure should discourage investors from buying yen,'' said Masaki Fukui,...

Fuk Fukui.

SmoothTraderFX · Oct 3, 2005

1.2000 level, and some weeks low, some month low ahead, JPYUSD 140level that is 6month high break, USD interest rate, stuff, and so on. Plus Monday Morning.

FXsKaLpEr · Oct 3, 2005

Quote from SmoothTraderFX:

1.2000 level, and some weeks low, some month low ahead, JPYUSD 140level that is 6month high break, USD interest rate, stuff, and so on. Plus Monday Morning.

*shrug*

what about "monday morning?"