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  • South Korean military: North Korea launches ballistic missile

    From cnn.com

    North Korea launched a ballistic missile from the northwestern part of the country early Sunday, the South Korean Joints Chief of Staff said. "Our military is closely monitoring for provocative movements by North Korea and is maintaining all readiness postures," a statement from the military said. The missile, launched near the city of Kusong, flew 700 kilometers (435 miles), the South Korean military said. A US defense official confirmed that it flew that far, but said the US is still assessing what type of missile it was. This is the first provocative move from North Korea since South Korean President Moon ... (full story)

  • Post #1
  • May 13, 2017 8:13pm May 13, 2017 8:13pm
Tension may build again and who knows how USD will fare
  • Post #2
  • May 13, 2017 10:04pm May 13, 2017 10:04pm
this news should be red and usdjpy gap down with 50 pips at opening
  • Post #3
  • May 14, 2017 12:06am May 14, 2017 12:06am
Agree usd will get against all.majors
  • Post #4
  • May 14, 2017 2:12am May 14, 2017 2:12am
Quoting sunpied
this news should be red and usdjpy gap down with 50 pips at opening
yeah,we should expect that with all jpy pairs
  • Post #5
  • May 14, 2017 5:55am May 14, 2017 5:55am
you think pairs like eur/jpy will go down?
  • Post #6
  • May 14, 2017 6:56am May 14, 2017 6:56am
Would gold be a good alternative to JPY pairs? I am long gold since comey's firing, imo things could get only worse in the USA and internationally.
  • Post #7
  • May 14, 2017 6:59am May 14, 2017 6:59am
Gold should be ok......
  • Post #8
  • May 14, 2017 8:40am May 14, 2017 8:40am
Quoting sunpied
this news should be red and usdjpy gap down with 50 pips at opening
Do you mean stock market sink, yen rise...or outright dollar fall because of tension?
Now that i said it....jyst need to wait. E/U can gap up too...
  • Post #9
  • May 14, 2017 9:37am May 14, 2017 9:37am
Quoting ilhaner
Would gold be a good alternative to JPY pairs? I am long gold since comey's firing, imo things could get only worse in the USA and internationally.
Gold is expected to be bullish
  • Post #10
  • May 14, 2017 9:38am May 14, 2017 9:38am
Quoting Not-KPMG
{quote} Do you mean stock market sink, yen rise...or outright dollar fall because of tension? Now that i said it....jyst need to wait. E/U can gap up too...
Hey buddy Long time no see I hope you do well.

As for E/U - Unless Trump tweets soon that the US $ is too weak, I believe the uptrend for E/U will continue to 1.0950 - 1.1050 area.
lets see...
Trade smart mate. Cheers...
  • Post #11
  • May 14, 2017 10:18am May 14, 2017 10:18am
eur/aud and eur/nzd big gap up
  • Post #12
  • May 14, 2017 10:26am May 14, 2017 10:26am
Good news for fx .but bad news for world
  • Post #13
  • May 14, 2017 10:41am May 14, 2017 10:41am
Quoting ilhaner
Would gold be a good alternative to JPY pairs? I am long gold since comey's firing, imo things could get only worse in the USA and internationally.
Franc (CHF) as well.
  • Post #14
  • May 14, 2017 10:41am May 14, 2017 10:41am
Quoting fdihlizm
Good news for fx .but bad news for world
Indeed - as long as the world, the UN and NATO continue to sleep and ignore this threat, this is a very bad news for the world. We need to wake up. We need to do something until we have the superior power to prevent this idiot from dancing his crazy dance. Don't let this crazy infantile keep the whole world in a kind of deadlock situation.
  • Post #15
  • May 14, 2017 10:44am May 14, 2017 10:44am
How about eurgbp? Gap down or up?
  • Post #16
  • May 14, 2017 10:46am May 14, 2017 10:46am
Quoting zahirul
eur/aud and eur/nzd big gap up
Since when eur is safe haven currency? As far as i know eur is a funding currency
  • Post #17
  • May 14, 2017 10:49am May 14, 2017 10:49am
Quoting csa1234
How about eurgbp? Gap down or up?
Obviously no gap at all...
  • Post #18
  • May 14, 2017 11:10am May 14, 2017 11:10am
Quoting peekay007
{quote} Gold is expected to be bullish
im Gold long as well..
  • Post #19
  • May 14, 2017 11:20am May 14, 2017 11:20am
Maybe tomorrow will be the day of Gold
  • Post #20
  • May 14, 2017 11:32am May 14, 2017 11:32am
Quoting wswi
{quote} Since when eur is safe haven currency? As far as i know eur is a funding currency
Eur is safe haven at the moment and USD acts as a risky currency.
  • Post #21
  • May 14, 2017 12:30pm May 14, 2017 12:30pm
not much gap up for gold
  • Post #22
  • May 14, 2017 12:53pm May 14, 2017 12:53pm
Happy Mother's Day
  • Post #23
  • May 14, 2017 1:20pm May 14, 2017 1:20pm
Quoting NotAtrader
{quote} Indeed - as long as the world, the UN and NATO continue to sleep and ignore this threat, this is a very bad news for the world. We need to wake up. We need to do something until we have the superior power to prevent this idiot from dancing his crazy dance. Don't let this crazy infantile keep the whole world in a kind of deadlock situation.
im confused, are you talking about Nth Korea or USA?
  • Post #24
  • May 14, 2017 1:28pm May 14, 2017 1:28pm
Quoting mrhigurashi
{quote} im confused, are you talking about Nth Korea or USA?
You are confused? I don't think I need to explain anything. I guess 99.9% of the world's population would understand what I am talking about.
  • Post #25
  • May 14, 2017 1:32pm May 14, 2017 1:32pm
Quoting csa1234
How about eurgbp? Gap down or up?
Lol. Wtf?
  • Post #26
  • May 14, 2017 1:35pm May 14, 2017 1:35pm
Quoting JakubSzalaFX
{quote} Eur is safe haven at the moment and USD acts as a risky currency.
If UJ falls out the bed & UChf drops, EU goes up from the Usd volume selling & UChf correlation. It's not a flight to Euro. EurChf would drop as well.
  • Post #27
  • May 14, 2017 1:42pm May 14, 2017 1:42pm
I dont think there will be any gap in jpy.
Bcoz its almost 19 hours since the news came out.
But if the news comes out at the time when markets are open than it will have a big impact on jpy and its pair.
Thats my idea..
  • Post #28
  • May 14, 2017 2:44pm May 14, 2017 2:44pm
Quoting safdarhashmi
I dont think there will be any gap in jpy. Bcoz its almost 19 hours since the news came out. But if the news comes out at the time when markets are open than it will have a big impact on jpy and its pair. Thats my idea..
That is no excuse for jpy buy, I have seen news event happened several hours before market opens and it reacts with a gap when it opens.
  • Post #29
  • May 14, 2017 3:25pm May 14, 2017 3:25pm
Usdjpy current price is 113.10, 20 pip gap compared to fridays close, really nothing to be concerned about, most pairs are nothing more than 40 pips gap
  • Post #30
  • May 14, 2017 3:42pm May 14, 2017 3:42pm
If we're predicting gaps, it'll be a gap down in Xxx/Jpy pairs as of right now. Nikkei futures are down will open -0.80% from Friday's close.

https://www.bloomberg.com/quote/NK1:IND
  • Post #31
  • May 14, 2017 5:19pm May 14, 2017 5:19pm
Quoting Ryan420
If we're predicting gaps, it'll be a gap down in Xxx/Jpy pairs as of right now. Nikkei futures are down will open -0.80% from Friday's close. https://www.bloomberg.com/quote/NK1:IND
Oanda: UsdJpy 18 pip gap down on open
  • Post #32
  • May 14, 2017 5:34pm May 14, 2017 5:34pm
Some thought should be given to the fact that Japan is probably going to be one of N Korea's first targets if they decide to strike... so the yen isn't as much of a safe haven in this context...
  • Post #33
  • May 14, 2017 5:56pm May 14, 2017 5:56pm
Quoting Dmcdmc
Some thought should be given to the fact that Japan is probably going to be one of N Korea's first targets if they decide to strike... so the yen isn't as much of a safe haven in this context...
Exactly. Most Yen traders don't know this. There will be blood of Yen longs if they think to sell Xxx/Jpy
  • Post #34
  • May 15, 2017 4:49am May 15, 2017 4:49am
The strong make peace, while the weak make war because: "Making peace, I have found, is much harder than making war."
  • Post #35
  • May 15, 2017 8:05am May 15, 2017 8:05am
Quoting NotAtrader
{quote} Indeed - as long as the world, the UN and NATO continue to sleep and ignore this threat, this is a very bad news for the world. We need to wake up. We need to do something until we have the superior power to prevent this idiot from dancing his crazy dance. Don't let this crazy infantile keep the whole world in a kind of deadlock situation.
I'm not confused about who you mean. I am curious what you think we should do about the hermit king.

NK was all the news for weeks, then disappeared replaced by Comey. Soon something else will have the media gaga and Comey will be forgot.
  • Post #36
  • May 15, 2017 11:27am May 15, 2017 11:27am
Quoting NotAtrader
{quote} You are confused? I don't think I need to explain anything. I guess 99.9% of the world's population would understand what I am talking about.
Oh your one of those, im right and 99.9% of the world is wrong type of guys hey!? lol

Tell me, how many innocent civilians have been killed by north Korean bombs or missiles? How many countries have been invaded? If your really from where you say your from, perhaps you only get one type of news channel.... LOL
  • Post #37
  • May 15, 2017 12:13pm May 15, 2017 12:13pm
Quoting mrhigurashi
{quote} Oh your one of those, im right and 99.9% of the world is wrong type of guys hey!? lol Tell me, how many innocent civilians have been killed by north Korean bombs or missiles? How many countries have been invaded? If your really from where you say your from, perhaps you only get one type of news channel.... LOL
Mate I certainly have more information than you think I have.
Nevertheless let's hope nobody gets killed by NK's bombs and rockets.
  • Post #38
  • May 15, 2017 12:16pm May 15, 2017 12:16pm
Quoting NotAtrader
{quote} Mate I certainly have more information than you think I have. Nevertheless let's hope nobody gets killed by NK's bombs and rockets.
See there you go. Just like i said, your right and whoever disagrees is wrong right!? Just how i had you picked! No reason to take it further...
  • Post #39
  • May 15, 2017 12:18pm May 15, 2017 12:18pm
Quoting mrhigurashi
{quote} im confused, are you talking about Nth Korea or USA?
both of them...
  • Story Stats
  • Posted: May 13, 2017 7:23pm
  • Submitted by:
     Newsstand
    Category: Medium Impact Breaking News
    Comments: 39  /  Views: 10,641