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- Pipsforall replied Apr 15, 2015
I like buying the USD v the CAD here. The economic news coming out of Canada has been horrendous, and a weaker US economy doesn't bode well for the Canadian economy going forward. I think we're going to continue to range 1.24 to 1.28 for the ...
USD/CAD
- Pipsforall replied Nov 20, 2014
Historically the Yen has always been weak, I remember when this pair was in the 140s and it wasn't economic doom for the global economy. Btw, I would love to see 130. haha
USD/JPY Discussion
- Pipsforall replied Nov 20, 2014
The risk with the Japanese Fins minister's comment is that Japan will change it's FX policy due to the fast appreciation of the Yen. Not going to happen. Further, he made the comment at the same time that the market determines FX rates. As I like to ...
USD/JPY Discussion
- Pipsforall commented Nov 20, 2014
So, is Japan going to stop printing? The answer is no, as long as Japan is printing, the Yen is going to weaken. His verbal intervention isn't going to do anything to stymie this rise.
Japan finmin Aso: The speed of yen weakening has been too fast
- Pipsforall commented Nov 19, 2014
Probably caught up in a some kind of twisted drug/sugar baby affair.
Citigroup banker found dead with throat slit in swanky apartment
- Pipsforall replied Nov 18, 2014
Anyone think we've bottomed out, and are about to rally to the top of the recent trading range, 1.13ish?
AUDNZD
- Pipsforall replied Nov 14, 2014
I think if SNB wants to send a message this time that the market shouldn't test their resolve to defend the 1.20 peg, they need a major intervention, I think they need to push this to 1.30. But, WTFDIK. lol
EUR/CHF
- Pipsforall commented Oct 31, 2014
This time next year the US FED will have already turned back on the printing presses due to the central bank moves out of Japan and Europe.
Markets Explodes As Bank Of Japan Goes All-In-er; Increases QQE To JPY 80 Trillion
- Pipsforall replied Oct 31, 2014
Here is the news, it's not that big. This pair is still moving to 1.15 if it can get over 1.13. haha url
AUDNZD
- Pipsforall replied Oct 31, 2014
This is a shakeout. The lift on the ban impact's 3% of the company's bottom line. That's not significant in the big scheme of things. This is just shaking the tree while Europe and NA are sleeping.
AUDNZD
- Pipsforall replied Oct 31, 2014
This was a sudden drop based on news that the market wasn't expecting, so it wasn't possible to predict it based on fundamental or technical analysis. But, as I like to say, you take a hot news flash and you throw it in the trash. haha
AUDNZD
- Pipsforall replied Oct 31, 2014
China announced that a ban on a NZ dairy company's dairy exports to China was being lifted, it had been in place since August 2013. Was the reason for the drop.
AUDNZD
- Pipsforall replied Oct 29, 2014
I'm long as well. Am hoping for a break above 1.13 after the RBNZ rate statement to establish a higher range between 1.13 and 1.15. Hoping to see those doves fly. haha
AUDNZD
- Pipsforall commented Sep 16, 2014
Yeah, I just don't get the correlation about China printing money weakening the USD. The Fed will continue to taper and be done this year, so I don't get how China printing more money will weaken the USD pairs when the FED is stopping the printing ...
China Launches CNY500 Billion In "Stealth QE"
- Pipsforall commented Sep 16, 2014
Anyone know why this impacts the USD? I thought the risk on trade was over. haha I still think it is, this is just taking out stop losses.
China Launches CNY500 Billion In "Stealth QE"
- Pipsforall replied Jun 13, 2014
Depends on Iraq. All of a sudden Iraqi headlines hit the newswires and the dollar gains across the board. I think as soon as its absorbed the dollar sells off again. Yes the FED is going to continue to Taper, but they're still printing and the ECB ...
EURUSD
- Pipsforall replied Mar 31, 2014
Nice bullish bar on the hourly, but I'm not one to trade bars created by news. Particularly a bar that is showing price contrary to the fundamental news.
EURUSD