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- Skylar Locke replied Jun 6, 2011
Starting to fall into place.
- Skylar Locke replied Jun 5, 2011
Congrats to Friday's Euro bulls. I'll be the first to admit, that I got the timing of that wrong. But I'm firmly still in the bear bias camp for the time being. With all the Greece positive news being flashed in front of everyone's faces, people ...
- Skylar Locke replied Jun 3, 2011
Longs be careful. If ES doesn't take back 1300 soon, we could have a huge risk off Friday, and this will slide very quickly as people bail on their longs heading into the weekend.
- Skylar Locke replied Jun 2, 2011
How can EUR/USD drop 300 pips in a single day? On 5th May, it opened at 1.4830 and it reached 1.4508. Please tell me that it isn't more than 300 pips.
- Skylar Locke replied Jun 2, 2011
I was going to reply to your post in a constructive way, but decided to save five minutes of my life. I'm not here to argue, just simply pointing out a view. A different view, is not a wrong view. Certainly not in these markets. Next time you ...
- Skylar Locke replied Jun 2, 2011
Back to the upside/downside debate. Personally, the only way I can see substantial upside is if EU and Germany shows up with a solid agreement in place that they will unconditionally bail out Greece no matter, because let's face it, there's ...
- Skylar Locke replied Jun 2, 2011
Yes, that is true. But the markets never check for validity, or the time or even whether it's a public holiday. They execute first, and then think of the reasons later.
- Skylar Locke replied Jun 2, 2011
Yes, because previously news was released that there was an agreement in place for the Greece aid plan. Not sure if I want to be bullish here. With the 1.45 barrier taken out, the NFP tomorrow, and if EU announces after tomorrow's meeting that ...
- Skylar Locke replied Jun 2, 2011
At the moment, absolutely no idea. No reason for someone to post that EU Commission denies the Greek aid as a rumour, unless of course someone circulated the previous rumour of the Greek aid being finalized just to take out the 1.45 barrier.
- Skylar Locke replied Jun 2, 2011
Sorry, just posted without giving credit to the news provider. It's from DailyFX Real Time News.
- Skylar Locke replied Jun 2, 2011
EU Commission denies Greek aid plan.
- Skylar Locke replied Aug 29, 2010
Yen crosses are taking a pounding after the overnight call rates remained unchanged. Market had already priced in, expecting a rate hike, and the fact that the BOJ stated that the Japanese economy is showing further signs of economic recovery, ...
- Skylar Locke replied Aug 29, 2010
Market was expecting a hike in the overnight call rate, and had already priced it in.
- Skylar Locke replied Aug 29, 2010
Doesn't sound like they have agreed on anything definite yet. Probably another meeting to gain support for additional measures. Kan To Talk With Shirakawa, Hasten Economic Steps TOKYO (NQN)--Prime Minister Naoto Kan said Monday morning he will meet ...
- Skylar Locke replied Aug 29, 2010
I strongly believe that intervention is out of the question at the moment. The only way intervention will happen right now after this meeting is if they already spoke and had the approval of their European and American counterparties. Absolutely no ...
- Skylar Locke replied Aug 28, 2010
First the 85.50 - 80 level needs to be broken resoundingly. Lots of offers on those levels from Japanese corporates. We might get a leg down in anticipation of BOJ monetary easing and intervention to buy at a better price.
- Skylar Locke replied Aug 26, 2010
Good data will probably see the EUR/USD rise, as it gives further reason for traders to be uneasy that the Fed will probably introduce QE measures, and thus they will flee the dollar.
- Skylar Locke replied Aug 25, 2010
I believe this is the case today.
- Skylar Locke replied Aug 25, 2010
No. Usually if the news is bad, it's good for the US dollar as it's considered a safe haven currency, and thus with bad news, risk is off, and investors will flock to the US dollar. Good news is usually considered bad for the US dollar and positive ...
- Skylar Locke replied Aug 25, 2010
Be careful of the upcoming US data. This could be one of those days where either good or bad news will be bad for the US dollar. Good news, and risk is back on, and stocks will rise. Bad news, and the uncertainty that the Fed will introduce stimulus ...