"Devaluing your currency is a good idea if you want to increase exports and decrease imports. But it doesn't work so well when everybody else does the same thing at the same time." That's very true. and.... ""Really, are you sure we can't just shoot ...

Some seem to think that it's entirely up to the FED to resolve the world's crises. That speech seems to be the same tone that, "the Fed can't do it alone". "such as the importance of disciplined fiscal policies," Would that statement NOT be sound ...

Exactly. And they'll probably get $400m for just the "artifact" value.

OMG... as if arguing with everyone else isn't enough... now I have to try and interpret these long-winded posts from you and JR I hope by now you're getting some kind of sense of humor but ...... probably not.

So where's the gap? E/U closed below 1.35 and GBP dropped 160 pips as compared to what? When?

"inverse counter disinformation" It will take me days just to study that phrase.

To put it another way, Governor Arnold S. of California predicted he would be married to the bitch forever. In between times though, he could grab some extra trades from the Maid. All in all, he came out OK. He grabbed some goodies but his long ...

OK... here's something of value. "Believe those who are seeking the truth. Doubt those who say they've found it". And your post is my point exactly. I could predict that the E/U will go to 1.23 by 1/31/12. What difference would that make even if the ...

Yes, there's a big difference between a "prediction", a "prediction based on substantive fact" and a "prediction based on the fact that I know more than anyone else". It is up to traders to discern the three or to make their own "prediction". "We ...

Well said. And as much as my ego DEMANDS that I come up with a genius reply, my genius seems to have left me. Maybe I'll just have fun observing. :-)

Awesome ! Risk on Risk off watch that chart with all your might Believers sentiment always in sight hoorah !! hoorah!! I suck at rappin' !! (and that's right)

That's pretty much what I thought you would say. People REALLY CAN be manipulated into giving a presupposed response !!! Helluva deal !!

Now it all falls in the hands of the politicians. And we all know that if something can be F*ed up, they will find a way to do the F*ing up thereof

Regarding that; here is a regularly issued statement from an FX broker; "As with all major economic releases, there could be significant price volatility with this announcement. Currency spreads will typically widen just before the release and will ...

Or a "gap" ? We should concern ourselves for eternity over a 5 pip difference ??

Or was it at 1.37995 ? Damn 5 digit stuff. I can never get it right. "damit then why ma broker of acm is saying we hav trade till 1.3803 i have a stop buy on 38" And why. pray-tell, would you ever listen to a rec'o from your FX broker??

I think I like that !!

Opinion does not a party goer make (just kidding) "moves we see on the screen, predominantly has already happened and become part of the past already." That might be worth a note or two.

Opinions do not a currency trader make.

So much for pundits ??