Eur/usd

T

tc5

Why did it start going up at 9am EST ? Up about 40 pips so far. I notice European markets were up and US equity index futures were up.

It'd be nice to have a continuing thread of EUR/USD like the YM thread.
 
Bloomberg just said Bush may appoint a successor to Greenspan soon, possibly today. It'll probably be Bernanke.

What would the effect of this be on EUR/USD and the dollar in general?

Edit:

According to one source, this may be one reason why the market is higher today. Short-covering.

I don't remember if people thought Bernanke would be hawkish on rates or not. Might make more sense if he wasn't.

Edit#2:

Press conference at 1pm EST ? Rumored that it will be to announce Greenspan's successor.
 
Forgot...

After Greenspan et al. visited China, China recently said something about a gradual revaluation. This is supposed to be helping the Yen and hurting the dollar. The euro being equal, this would make EUR/USD go up.
 
It has been consolidating between a falling 30-day average and the 1.1900’s for a month now. Let's see if it touches the average (1.2080-90) and then moves back down to the 1.1900’s again...
 
Forex Fair Values

ie..--------Yes Euro is a sell but now over sold



Now 10 Days 20 Days 30 Days
EURUSD 1.2127 1.2082 1.2036 1.1988
USDJPY 111.5587 111.8901 112.2344 112.5919
GBPUSD 1.8022 1.7981 1.7939 1.7895
USDCHF 1.3025 1.3086 1.3149 1.3214
EURCHF 1.5410 1.5401 1.5390 1.5379
AUDUSD 0.7518 0.7499 0.7480 0.7459
USDCAD 1.1941 1.1936 1.1932 1.1929
NZDUSD 0.6927 0.6911 0.6895 0.6877
EURGBP 0.6689 0.6677 0.6664 0.6651
EURJPY 133.7667 133.5574 133.3404 133.1158
GBPJPY 199.5490 199.5764 199.6027 199.6278
CHFJPY 86.5650 86.4697 86.3716 86.2707
GBPCHF 2.3033 2.3060 2.3087 2.3115
EURAUD 1.6145 1.6129 1.6114 1.6100
EURCAD 1.4263 1.4182 1.4100 1.4015
AUDCAD 0.8847 0.8808 0.8768 0.8726
AUDJPY 83.0349 83.0040 82.9689 82.9295
 
How do you define/calculate your fair values?

Quote from kalzayani:

Forex Fair Values

ie..--------Yes Euro is a sell but now over sold



Now 10 Days 20 Days 30 Days
EURUSD 1.2127 1.2082 1.2036 1.1988
.....
More...
 
Quote from tc5:

How do you define/calculate your fair values?
More...

They are the Centriod (Average...but theoratical)
I use my own center of Gravity Models...

actual prices Revolve around them...simply to Balance

to calcualte them have to use Non-Linear Models
 
Quote from kalzayani:

They are the Centriod (Average...but theoratical)
I use my own center of Gravity Models...

actual prices Revolve around them...simply to Balance

to calcualte them have to use Non-Linear Models
More...

Plus
if High/Close and Low/Close--average are for weekly then
1.010797788 0.987861175

EURUSD
High= 1.2127*1.010797788
Low=1.2127*0.987861175
roughly....... 1.1979 for the low this week
1.2127 if is OK for average close...
In general I won't sell it here
 
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