Forex Forum Archive for 04/08/2007

NY Ed 23:26 GMT April 8, 2007 Reply   
Hi All
Anyone think hanging on tot a long caba & eur/usd is prudent. I base this on hourly trendlines on both.

Roma Alex 22:38 GMT April 8, 2007 Reply   
Sorry, I wanted to say link to Yahoo! - reuters news .... TIA!

Roma Alex 22:38 GMT April 8, 2007 Reply   
Hello everyone,.

do you have the IMM data for April 6th? (link to data?) Thanks in advance!

Toronto MRC 22:04 GMT April 8, 2007 Reply   
When do markets open today? g c i still closed.

Sydney ACC 22:02 GMT April 8, 2007 Reply   
Some interesting articles published over the weekend that may have an impact on cable:

http://business.timesonline.co.uk/tol/business/economics/article1625908.ece

http://business.timesonline.co.uk/tol/business/columnists/article1625932.ece

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/04/08/ccliam08.xml&page=2

Como Perrie 17:29 GMT April 8, 2007 Reply   
TOKYO (XFN-ASIA) - The Bank of Japan had 112.12 trln yen in assets as of March 31, down 22.6 pct from a year earlier, the Nihon Keizai shimbun said, quoting a central bank report.

The amount was the lowest level recorded at the end of a fiscal year in seven years, the paper said.

After terminating zero interest rates, the BOJ has been reducing its supply of funds to the market. Thus, its holdings of short-term Japanese government bonds and other products it buys through fund-pumping operations declined.

The central bank's holdings of long-term JGBs also fell, even though it continues to purchase 1.2 trln yen in such bonds every month. The decrease is attributed to the Finance Ministry's repurchase and retirement of government debt as well as to a high level of redemption, the report added.

/net

Como Perrie 17:20 GMT April 8, 2007 Reply   

http://www.bloomberg.com/apps/news?pid=20601083&sid=aN4N7cDH7GhI&refer=currency

New Albany mb 14:38 GMT April 8, 2007 Reply   
sydney acc--you are forgetting that America has the power already to do the same thing to China and has had that power for years.

shanghai bc 01:10 GMT April 8, 2007 Reply   
Sydney ACC 21:02 GMT April 7, 2007

Why knock out the assets of one's most important client..Very unwise business decision..Further more,Boeing,GM,IBM,Intel all have manufacturing bases in small towns in China and doing a roaring business in Chinese market..Their bright business future may even lie in China like that of Mercedes,BMW or VW..But rest assured..Nothing bad will happen unless the board of directors of those US firms one day decide to join the communist party of China en masse..