Cesarnc's market talk, gossips, rumours & fun

Hope so,., 106 down, 107 next?

106 is not seen in 4 months and it's being tested for 6 weeks now...

If it goes down, will become a strong support.

Euro has an avenue down to 5280, in the larger timeframes.

BUT...

... a dancing bear was posted. That's usually bad luck around here

poor bear...

Fundamentally speaking...

Looks like Fed is done cutting rates and turned the guns to inflation. Better than that, Bernanke started talking about the "weak dollar" and how this is bad for the US.

If inflation and dollar are now the new enemies, bias changes to hold-to-hike rates, that could be enough for a (long overdue) correction.

Trichet live on ecb.int in 5.

He's usually hawkish, let's see how it goes today...

Go UJ, Go dollar, Go Go Go !!!

http://www.sfgate.com/blogs/images/s...ull498x371.jpg

The European Central Bank's inability to raise rates may mean the time for a jump back into the dollar has arrived, as the U.S. economy may recover before the full effects of the credit crunch have been felt in Europe, analysts told CNBC.com.On Thursday, the ECB will most likely again take no action -- one year after it last raised interest rates -- despite rapidly rising inflation, which hit 3.6 percent for the second time this year in May, far higher bank's target of below 2 percent.

And with many predicting that the Federal Reserve's rate cuts are over and some looking to a shift from growth to inflation, the balance of power could be leaning towards the greenback.

But any attempts to buy back into the dollar should be made with caution, as there are still pitfalls, analysts warned.
"The US, from a growth standpoint, was hammered. The economic indicators are levelling off," Peter Rosenstreich, chief market analyst at Advanced Currency Markets told CNBC.com.

Damn Trichet screwed my dollar bull

http://www.prankabuddy.com/files/stupid-bull.jpg

The entire press conference could take as long as 10 seconds:

ECB raising rates in July.

I was a bit late, but it looks like a sweet deal so far.

BWR's cats have found the pot

http://static.pyzam.com/img/funnypics/animals/fun71.jpg

Trichet hates Bernanke and Bernie hates the Trich. None of this makes sense otherwise...
http://www.reutersfxhub.com/fxhub/bl...p_4_as_trichet
Cant you just imagine them rubbing their hands together, and saying ..youll see next time I´ll make it move MORE muahahahaha

evolution of a theft

http://images0.hiboox.com/images/2308/s9nu8ra6.jpg

Your theory is not crazy AT ALL.

Bernie's M15 Blast
http://i2.photobucket.com/albums/y28/cesarnc/eu.gif

Trichet's M15 Blast
http://i2.photobucket.com/albums/y28/cesarnc/eu2-1.gif

"My M15 is bigger than yoooo-ooours, na-nan-ana-na-na"
They are pathetic

I'm gonna have to show them my

AK47 BLAST


http://i2.photobucket.com/albums/y28/cesarnc/cat.gif

...lol

LOL

So, NFP day has become watch eur nosedive day, whatever the numbers...lets see if it happens again...

We've had a surge that is being corrected now anyway, so I say "aye" for a nosedive. As usual, we watch with "interest" but really no interest. I think we all need to get a life, really.

Get ready for the NFP
http://www.gamblersnation.com/images/Black_Jack2.jpg

Expected -57K

I don't rule out +80K, revision +180K