Forex Forum Archive for 02/18/2007

Charlotte TH 23:49 GMT February 18, 2007 Reply   
Syd 23:44 GMT February 18, 2007
quite interesting the way techs kick in.

Syd 23:44 GMT February 18, 2007 Reply   
Charlotte TH 23:35 GMT apparently its just the start of them and said that much of the fund will be making its way back to Japan this time and not being rolled

GVI john 23:37 GMT February 18, 2007 Reply   
Into Monday. Interest Rate Graphs...
U.S. Eurozone U.K. Switzerland Canada Australia Japan

BONDS	LAST	BPS	vs-05	JA-3M	0.586	0.0	51.6
US-3M	5.360	0.0	82.0	JA-2Y	0.790	0.0	50.0
US-2Y	4.848	0.8	44.8	JA-10Y	1.710	0.0	24.0
US-5Y	4.685	0.4	32.5	CH-3M	2.212	0.0	120.2
US-10Y	4.696	0.4	8.6	CH-2Y	2.492	0.0	112.2
US-30Y	4.789	-0.3	17.9	CH-10Y	2.603	0.0	73.3

EU-3M	3.826	0.0	133.6	CA-3M	4.320	0.0	76.0
GE-2Y	3.948	0.0	118.8	CA-2Y	4.072	0.3	20.2
GE-10Y	4.048	0.0	76.8	CA-10Y	4.104	0.0	12.4

UK-3M	5.531	0.0	86.1	AU-3M	6.380	0.0	73.0
UK-2Y	5.343	-0.5	118.3	AU-2Y	6.105	0.0	86.5
UK-10Y	4.872	-0.8	78.2	AU-10Y	5.775	-0.5	56.5

Charlotte TH 23:35 GMT February 18, 2007 Reply   
Syd,think that goes well with ref to my 21:53.

Syd 23:25 GMT February 18, 2007 Reply   
sorry thats Aud 1.5bln aussie bonds for redemption by Japan tomorrow

Syd 23:24 GMT February 18, 2007 Reply   
Japenese Bond redemption tomorrow 1.5bln

ABHA FXS 23:22 GMT February 18, 2007 Reply   
GBP/USD
BUY @ 1.9538
STOP 1.9525
TAKE PROFIT 1.9700 RISK/REWARD RATIO 7.2 OK TO TRADE

Charlotte TH 23:07 GMT February 18, 2007 Reply   
long usdjpy 119.33 with stops at 118.90.

Syd 23:01 GMT February 18, 2007 Reply   
Aussie Poll Finds PM In Danger Of Losing Seat
New public opinion poll finds PM John Howard could lose his Sydney seat at the election due by the end of 2007. Poll company Roy Morgan Research, online news outlet Crikey surveyed almost 400 Bennelong voters, finding 55% supported Labor, on two-party preferred basis. Change of voter mood attributed to change in boundary, demographics of electorate that Howard has held since 1974. Howard's conservative government trails Labor in series of opinion polls. Analysts warn polls not good indicator of election result this far out

Atlanta South 22:40 GMT February 18, 2007 Reply   
Florida Crom/
Ref 21:35 & 22:04/ Very well said & I agree. Gt

London AH 22:38 GMT February 18, 2007 Reply   
No USD rally after BOJ meeting.Noway

warsaw TOMi 22:32 GMT February 18, 2007 Reply   
katt,if u there, target for gbpyen pls, am holding longs from fri, tx

UK AL 22:32 GMT February 18, 2007 Reply   
long eurchf 1.6217,s/l 1.6180,target m/t 1.6350.

Philadelphia Caba 22:23 GMT February 18, 2007 Reply   
in eur/chf short again from 1.6220, with s/l above y' high and t/p at 1.5950

Cannes Oil man 22:22 GMT February 18, 2007 Reply   
AUD , We should be approaching the .8030 during the week , next resistance at 7950..

For those who didn't long 7705, still chance to long BOD 7830/60 for 8030 and above.

gl gt

Cannes Oil man 22:20 GMT February 18, 2007 Reply   
Evening.

NZD just broke .7000 , It is however now GBP's turn to ride , target 1.97 By tuesday morning very likely.

GL.

Charlotte TH 22:07 GMT February 18, 2007 Reply   
1.27 in two weeks is mine.

London AH 22:07 GMT February 18, 2007 Reply   
USD 1.37 within two weeks. a bet

Florida Crom 22:04 GMT February 18, 2007 Reply   
Sydney ACC 21:45 GMT February 18, 2007
Florida Crom 21:35 GMT February 18, 2007
OK give me targets


I never give targets or advises here. There are enough scammers to do that.

LKWD JJ 21:57 GMT February 18, 2007 Reply   
depending on size could pick up anything from a few beers to dinner ala carte!!

Charlotte TH 21:53 GMT February 18, 2007 Reply   
LKWD JJ 21:50 GMT February 18, 2007

yes,think the excitement with aussie and kiwi can be a big fizzle.USD been getting sold for a week.don't see it continuing any further.all sorts of fundamentals to kick in now favouring the battered USD may well be the name of the game.

LKWD JJ 21:50 GMT February 18, 2007 Reply   
sorry about that. nice gap on daily charts in nzdusd with holiday in us shud get covered sometime soon.gl and gt

LKWD JJ 21:48 GMT February 18, 2007 Reply   
charlotte th

Sydney ACC 21:45 GMT February 18, 2007 Reply   
Florida Crom 21:35 GMT February 18, 2007
OK give me targets for EUR, GBP and AUD versus USD for Friday.
I reckon 1.34, 1.97, 0.7920.

Charlotte TH 21:36 GMT February 18, 2007 Reply   
stops for nzdusd short 0.6937 and 0.6975 removed.


long usdchf 1.2333.

Florida Crom 21:35 GMT February 18, 2007 Reply   
Sydney ACC 21:26 GMT February 18, 2007
Florida Crom 20:56 GMT February 18, 2007
In some respects UK, Australia and NZ is in the same boat as US.


Thats what I'm talking abt. We will sink together if there are some MIGHTY forses which can turn the $ upside down (like you are). Follow techs, nothing else rules this market. All politics and economics - crap. They dont know what they are doing. They are just PEOPLE.

Sydney ACC 21:26 GMT February 18, 2007 Reply   
Florida Crom 20:56 GMT February 18, 2007
In some respects UK, Australia and NZ is in the same boat as US.
1. Very high personal debt levels
2. Large external trade and current account deficits
3. In the case of thge UK similarly high government deficits.
However you wanted three reasons:
1. Higher interest rates - this market is obsessed with yield, NZD in particular at 7.25% with another 25bp factored into term rates.
2. For NZ and Australia large government budget surpluses. In Australia's case for the first time since federation the government is actually statruing to fund future superannuation liabilities for public servants.
3. They're not the USD.

LKWD JJ 21:21 GMT February 18, 2007 Reply   
have gap in cable from 26-31 1hr chart. can anyone else confirm? feel we will close it before ny arrives on tue.am.

Sydney ACC 21:15 GMT February 18, 2007 Reply   
London 21:04 GMT February 18, 2007
This sort of political infighting is likely to last until the next presidential election which is not due until November 2008. A new administration will not be sworn in until Janury 2009. This suggests to me many important decisions will either be watered down (maybe for the good of the budget deficit) oir defered.
Certainly what has been seen over the last week is not good for the dollar. Nonetheless we ought to remember its Bernanake who runs the US economy.

London 21:04 GMT February 18, 2007 Reply   
Sydney ACC 20:53 Would have thought your second reason good for the Dollar , no more Iraq no more expense

London AH 20:57 GMT February 18, 2007 Reply   
consumerprices up in US (rumors)

Florida Crom 20:56 GMT February 18, 2007 Reply   


Sydney ACC 20:53 GMT February 18, 2007
London AH 20:39 GMT February 18, 2007
Three major reasons to sell dollars:

Now tell me 3 major reasons why I should buy aussie. Are you dudes doing any better? LOL

Sydney ACC 20:53 GMT February 18, 2007 Reply   
London AH 20:39 GMT February 18, 2007
Three major reasons to sell dollars:
1. Economically - euroland now expected to outperform USA, higher GDP, increasing interest rates versus at best stable rates.
2. Politically - the current fighting between congress and the administration will intensify. While the focus to date has been on Iraq this is destined to move to other areas particularly the trade deficit and exchange rates particularly Japan and China.
3. Today - US is out, look what happened on Thanksgiving and Easter Monday last year when the market thinned out with US markets absent. Market has already moved up 20 points on most currencies in thin pre-Asian trading.

London AH 20:39 GMT February 18, 2007 Reply   
cmon what is going to happen with euro. Up I guess

Florida Crom 20:36 GMT February 18, 2007 Reply   
Vienna GD 20:13 GMT February 18, 2007
ups ... seems I'm still a bit asleep ...


Not only. Looks like you need another drink.
And never mess with off shore 4X dealers like censored. They screw you down, if you are not screwd yet by alcohol.

Vienna GD 20:13 GMT February 18, 2007 Reply   
ups ... seems I'm still a bit asleep ...

Vienna GD 20:10 GMT February 18, 2007
stonger = stronger, bigger = biggest.
usdjpy = weaker.

Vienna GD 20:10 GMT February 18, 2007 Reply   
Sydney ACC 19:12 GMT February 18, 2007

o*a*n*d*a have moves/gaps in several currencies.
Most yen-pairs a bit stonger, most cy's against buck a bit stronger. Usdnzd bigger mover - actually 7000/7010

Sydney ACC 19:52 GMT February 18, 2007 Reply   
Philadelphia Caba 19:27 GMT February 18, 2007
Is there any news, or has someone used this time to exact the biggest move from the least amount of effort?
Still early here no one on board yet at the banks.

LKWD JJ 19:52 GMT February 18, 2007 Reply   
anybody else with c mc? having problem with system marketmaker....

Philadelphia Caba 19:27 GMT February 18, 2007 Reply   
ACC, have .7007-12 now
low 6972, high 7015

LKWD JJ 19:19 GMT February 18, 2007 Reply   
sydney acc hows the liquidity in the nzdusd and when is it most active? i trade us ny time . tia

Sydney ACC 19:12 GMT February 18, 2007 Reply   
censored shows NZD/USD above 0.7000 in early trading.
Can anyone confirm this is correct. Only currency to have gappped on opening.

Florida Crom 19:00 GMT February 18, 2007 Reply   
Bangkok bkk 18:50 GMT February 18, 2007
Feb 18, 2007

"EUR/USD: Testing Higher"

You need diapers if you still playing "Euro Higher"

Bangkok bkk 18:50 GMT February 18, 2007 Reply   
Feb 18, 2007

EUR/USD: Testing Higher

Euro found strong demand when it traded below 1.3100 on Friday. USD thus suffered in the late NY session and helped to boost other foreign currencies as a whole. The time is running out and USD weakness can return unexpectedly as the long term upward trend in EUR/USD regains control of the situation. Euro may be able to test above 1.3200 early this week.

GBP/USD: Wide Range Trading

Cable found strong demand everytime when it traded below 1.9500 Cable may be able to test above 1.9700 again this week.

Position: Hold long EUR, GBP against USD until Wednesday or Thursday this week.

GL & GT

LKWD JJ 18:26 GMT February 18, 2007 Reply   
NYC Ed 19:20 GMT February 16, 2007
Manilkara ...it's stuff like that , get's me uneasy on any pair? what about you.
=======================
gotta have some "kahones" for fx. if in doubt stay out! as when the mkt is closed your not making any money short or long.

Syd 09:38 GMT February 18, 2007 Reply   
We'll all carry the can if yen binge miscarries
By Liam Halligan, Economics Editor, Sunday Telegraph

Say the words "yen carry-trade" to someone at random and they will probably ask you to repeat yourself, before admitting they don't know what you're talking about.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/02/18/ccliam18.xml