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  • US dollar slumps on soft stocks, quiet Yellen

    From forexlive.com

    EUR/USD leads the jump The US dollar took a quick dip after the S&P 500 opened more than 14 points lower to 2060. The bulls were looking for a hawkish hint from Yellen but she didn't talk about monetary policy. There may be trepidation ahead of the Dudley and Fischer speeches. They've both been cautious on rate hikes in the past and dollar bulls headed to the sidelines. EUR/USD made a quick move to 1.0768 from 1.0730 to lead the way. Gold also rebounded hard from the support that Greg outlined. This is turning into a rock n roll trading day.

lolllllllll
What an excuse and exceptional drama created by big boys who commands Federal Reserve what and when to move.
You cannot learn better without losing
Yellen needs the bullet - really doesn't understand markets...
LOL
  •  Guest
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lol.. rate hike will never happen this year.. to good to be true
  •  Guest
  • | IP XX.XX.164.100
USD and S&P both getting mugged at the same time. I was reading an article by a frequent U.S. media contributor to ff yesterday about what was said at a recent Republican conference about what they would do to the Fed and Yellen.

real popular the Fed and Yellen are.
Worst fed ever?
Dump USD and stocks. Time to burst the bubble.
Traders gain some knowledge, win, their emotions kick in, and they die.
eur usd should go for 150+ pips before go down again.
Help me push USD/CAD higher.
Invest in alarm clocks
Quoting forexreward
eur usd should go for 150+ pips before go down again.
150pip from daily?
Quoting forexreward
eur usd should go for 150+ pips before go down again.
Well Euro is going to be printed to hell too and has NIRP. If the Euro dares strengthens then the gold man puppet Draghi will go even more Nirp and QE. Hence Euro and USD both are going down the toilet.
Gotta love the commentaries. absolutely hilarious
Rate hike will never happen its just a bluff.But what does it give to us if FED can manipulate market just with bullshit speech propoganda.
95% Hike is already priced in.
Remember last year when RBNZ raised rates immediately after seconds actually price plummeted.
.25 is already overpriced in.Unless Feds want to bankrupt US oil,Manufacturing,Steel,Heavy equipment makers like Caterpillar which already laid off 10k workers.
Oil possible below 40 is not just US problem but global.Already countries like Valenzuela is running inflation so high napkin is worth more then their currency.We will see deep corrections coming.
In trading, you have to be defensive and aggressive at the same time
Quoting Tony112
Help me push USD/CAD higher.
there... did that help?
Quoting Davit
95% Hike is already priced in.
Remember last year when RBNZ raised rates immediately after seconds actually price plummeted.
.25 is already overpriced in.Unless Feds want to bankrupt US oil,Manufacturing,Steel,Heavy equipment makers like Caterpillar which already laid off 10k workers.
Oil possible below 40 is not just US problem but global.Already countries like Valenzuela is running inflation so high napkin is worth more then their currency.We will see deep corrections coming.
I remember when EU was > 1.4. Nobody worries. It could move to 1.6. Now see what happens.

Well, Draghi was deliberately put EZ at risk and vowed to defend Euro at any cost. Any cost, even very costly. Now, Mr. Y. is doing the same with US economy.

But never mind. Nobody worries.
Quoting Tony112
Help me push USD/CAD higher.
What? Not high enough?
Continuing money keeps pumping out of US into China. The YUan is next reserve currency!!!!
All posts are my personal opinion
Quoting Rtm
Continuing money keeps pumping out of US into China. The YUan is next reserve currency!!!!
I thought it was the other way around... Chines money being pumped into the US. Local oligarchs laundering money by investing in us luxury property.
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  • Story Stats
  • Posted: Nov 12, 2015 9:41am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 19  /  Views: 9,637