DislikedThat was interesting -
damn glad I was just watching from the sidelines
SeereyeIgnored
FUBAR...
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedThat was interesting -
damn glad I was just watching from the sidelines
SeereyeIgnored
Dislikednot sure, but I believe that might be related to a yen swap between boj and the fed.. the time doesn't quite jive tho and my info is still sketchyIgnored
QuoteDislikedFed, ECB, BOE, BOJ Take Coordinated Action to Ease Tensions
Sept. 18 (Bloomberg) -- The Federal Reserve, Europe's biggest central banks and the Bank of Japan said they are taking coordinated action to ease tensions in financial markets.
``The action is designed to address the continued elevated pressures in U.S. dollar short-term funding markets,'' the central banks said in a statement today.
The Bank of England said it will offer financial institutions $40 billion in overnight loans daily. The first loan will be today and the amount will be reviewed ``on a regular basis,'' the U.K. central bank said in a statement.
DislikedHere we go again... BEWARE! "Fed, ECB, BOE, BOJ Take Coordinated Action to Ease Tensions"
http://www.bloomberg.com/apps/news?p...96M&refer=homeIgnored
Dislikedjust got that one also. i think you're on it. that is not a bus you want to be in front of... it's definitely g'nite for me.Ignored
DislikedIgnored
Dislikedim not big on fundies but isnt putting more dollars into the market good for the euro?...where is warren forex when you need him....Ignored
Dislikedim not big on fundies but isnt putting more dollars into the market good for the euro?...where is warren forex when you need him....Ignored
QuoteDislikedThe key problem in the credit crunch, as the Fed sees it, is that lenders are hoarding cash and refusing to lend to one another at any rate
DislikedBasically yes but at the moment we are in uncharted waters.
I think the case at the moment is that banks are hoarding for cash (read about fractional reserve banking to understand why) and there is demand for dollar even though nobody is willing to pay a lot for it.Ignored
Dislikedi see..well..considering corelation between usd/jpy and eur/usd...usd/jpy has a big gap to fill now hence im still long in eur/usd...move may be fast...gambling thoughIgnored