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  • China Inflation Misses Estimates, Giving Room for Further Easing

    From bloomberg.com

    China’s consumer prices rose less than economists forecast in April, suggesting the central bank may need to add to its recent monetary easing to spur a pickup in domestic demand. The consumer-prices index rose 1.5 percent from a year earlier, compared with the median estimate of 1.6 percent in a Bloomberg News survey of analysts, a release from China’s statistics authority showed in Beijing. The producer-prices index fell 4.6 percent, extending a record stretch of declines. The central bank has cut benchmark interest rates and the required deposit reserve ratio twice in the past six months to aid growth. Central ... (full story)

CPI was 1.5% over a previous 1.4%, which is an improvement. But of course bloomberg has to spin it negative just because it's China.

What a joke organization we have here......
Doing what you like is Freedom. Liking what you do is Happiness.
Quoting realjumper
CPI was 1.5% over a previous 1.4%, which is an improvement. But of course bloomberg has to spin it negative just because it's China.

What a joke organization we have here......
Hi RJ,

Didn't know you were still around, but good point!
The world you desire can be won. It exists.. it is real.. it is possible..
Quoting realjumper
CPI was 1.5% over a previous 1.4%, which is an improvement. But of course bloomberg has to spin it negative just because it's China.

What a joke organization we have here......
Quoting realjumper
CPI was 1.5% over a previous 1.4%, which is an improvement. But of course bloomberg has to spin it negative just because it's China.

What a joke organization we have here......
yes I have been looking at Bloomberg for a long time the super rich feed it so to take profits from small traders
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
You can add in there that last week both Aussie and China had disappointing data and Aussie still managed to rally for the most part. The long time .7500-.7900 range seems to have moved up to .7800-.8000 roughly.
Quoting PA is King
You can add in there that last week both Aussie and China had disappointing data and Aussie still managed to rally for the most part. The long time .7500-.7900 range seems to have moved up to .7800-.8000 roughly.
may be oil and gold commodities and easing rates brought confidence to how economy and end gdp will end
focus while relaxed to see better
  •  Guest
  • | IP XXX.XXX.67.161
Aud strength is more of a result of Usd selling off and it's also a function of liquidity, price will move to the less liquid side of the market. PA is King is correct the range has move more to 80 level. Any sell off should be traded into and bought looking at mid 80s. Cheers.
  •  Guest
  • | IP XX.XX.146.47
There is no telling what the Chinese will do. A few Fridays back they tightened up on margins and allowed greater freedom to short sellers to cool off the overheated Shanghai stock exchange, sending global stocks reeling. During the ensuing weekend the PBOC loosened monetary policy sending global stocks upwards.

Hopefully FF will monitor and report on any developments timeously, as many of these events are not scheduled. The same would apply to the "bond rout" this week which caused wild gyrations in forex, global equities, and even oil prices.
  •  Guest
  • | IP XXX.XXX.60.163
Quoting PA is King
You can add in there that last week both Aussie and China had disappointing data and Aussie still managed to rally for the most part. The long time .7500-.7900 range seems to have moved up to .7800-.8000 roughly.
...not for much longer - 75 will break soon to push 73 - then a final surge to 83 - before 60c..... hold on to this & see how it fares in the next 6 mths. Been trading this pair since 1983 when it first floated & only take positions for 3-4 days max but like to have a longer term view as well.

My 65-70%pa return on cap keeps my super going...
Quoting realjumper
CPI was 1.5% over a previous 1.4%, which is an improvement. But of course bloomberg has to spin it negative just because it's China.

What a joke organization we have here......
they are right:
http://www.forexfactory.com/news.php?do=news&id=539186
Quoting Guest
...not for much longer - 75 will break soon to push 73 - then a final surge to 83 - before 60c..... hold on to this & see how it fares in the next 6 mths. Been trading this pair since 1983 when it first floated & only take positions for 3-4 days max but like to have a longer term view as well.

My 65-70%pa return on cap keeps my super going...
You should sign up with a FF acct and name so we can keep track.
Quoting PA is King
You should sign up with a FF acct and name so we can keep track.
bet he/she doesn't PA
Quoting buster48
bet he/she doesn't PA
dito
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
No one knows what will happen, so let us not be critical.
Quoting dghent
No one knows what will happen, so let us not be critical.
hawwwwwwwwwwwww we not beaning critical ether put up or shut up
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
Quoting Aussi
hawwwwwwwwwwwww we not beaning critical ether put up or shut up
Yep. Don't hide behind a "guest" name.

Regarding Aussie...not much of a rally or selloff from China and Aussie news.
Well, guess we have our final answer...neither the Aussie rate cut nor the China rate cut could produce a selloff on Aussie.
Quoting PA is King
Well, guess we have our final answer...neither the Aussie rate cut nor the China rate cut could produce a selloff on Aussie.
I doubt it very much, It has never ever happened in the history of forex that the rate cut had no negative influance on currency. Sooner or later ( rather sooner) aud will go down massively. Time will tell. Happy trading
The overall market sentiment towards AUD is changing to neutral, that's the reason we are not seeing that massive sell off yet... May or may not happen, I am not willing to short AUD right now...
Quoting draghiquinn
I doubt it very much, It has never ever happened in the history of forex that the rate cut had no negative influance on currency. Sooner or later ( rather sooner) aud will go down massively. Time will tell. Happy trading

You're kidding right? Go back to last week on May 5th when Aussie cut rates...you had the initial knee-jerk reaction down followed by a 200pip rally in 2 days. Price hasn't been back below the "pre-news" level since!

Now your "sooner or later" comment is very vague because as the days and weeks go on...lots of things happen in the world that can cause currencies to move up and down. But it's already a FACT that the Aussie rate cut didn't have a negative impact on the currency, but instead a positive one. There may be something that happens in the next few days, weeks, or month that cause an Aussie selloff...but the Interest rate cut wasn't one of them. So your "history" has just been debunked!
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  •  Guest
  • | IP X.XXX.8.7
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