trading801's Koala Forex Articles and EUR/USD views

do you folks think this is the top for now?

price seems to be slipping slowly

party spoilers !

Oct. 8 (Bloomberg) -- New Zealand Finance Minister Bill English said the advance in the nation’s dollar, the world’s best performing currency in the past three months, threatens an export-led recovery.

Latest Article 7 Oct 09

EUR/USD pauses for now

"Rain fell on the bulls' party today and cut short the post RBA rate hike party.

The currency pair has slipped from the 1.47+ to the 1.46+.......... "

Click on link above for full article

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thank you forexlive


Dollar coming under early pressure in Europe
Written by Chris Wilkinson
October 8, 2009 at 04:59 GMT

Dollar yen edging lower towards the days lows now trading 88.24/27 Euro pretty quiet at 1.4760 and sterling looking to move over 1.6000 again

Oct. 8 (Bloomberg) -- JPMorgan Chase & Co. and Goldman Sachs Group Inc., the largest banks to repay U.S. bailout funds, will probably post the industry’s biggest third-quarter profit gains while Citigroup Inc., still gripping its government lifeline, reports another loss.

Oct. 8 (Bloomberg) -- Jean-Claude Trichet needs governments to walk through the emergency exit first if he’s going to be able to keep nurturing Europe’s recovery with record low interest rates and cash injections.

As an economic rebound allows policy makers to mull how they will withdraw stimulus measures, the European Central Bank President is demanding that when growth takes hold, lawmakers execute “ambitious” plans to reverse the region’s largest budget deficit since the euro began trading in 1999.

more US dollar weakness pressure


Oct. 8 (Bloomberg) -- Gold climbed to a record for a third day and crude oil, copper, wheat and rubber all advanced as the dollar’s slump prompted investors to buy commodities as a hedge against potential inflation.

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www.thegeekknows.com


Oct. 8 (Bloomberg) -- European and Asian shares climbed and U.S. stock-index futures advanced as Alcoa Inc. reported third- quarter earnings that beat analysts’ estimates and employment in Australia unexpectedly surged.

Oct. 8 (Bloomberg) -- More than a decade after former Treasury Secretary Robert Rubin made the “strong dollar” national policy, currency traders say the same words coming from the Obama administration have little meaning.

all, please be reminded that ECB min bid rate is later

thanks forexlive

The move higher in Euro-dollar should be capped around 1.4785 rumor has it our favorite Swiss name is lurking in those parts
Written by Chris Wilkinson
October 8, 2009 at 08:21 GMT

Euro-dollar currently just below that area at 1.4772/75

Ecb min bid rate in an hour plus hang on tight !

Visit my blog for forex articles and EUR/USD views @

www.thegeekknows.com

Oct. 8 (Bloomberg) -- Copper and oil gained while stocks rose for a fourth day as better-than-estimated earnings from Alcoa Inc. signaled the economic recovery is boosting raw- material demand. Gold set a third record as the dollar fell.

business as usual 1%

price hanging around R1

Oct. 8 (Bloomberg) -- The European Central Bank left interest rates at a record low to nurture an economic recovery that is being threatened by the appreciation of the euro.

Good morning Koala King,

Well morning here at my little country, I saw I didn't lose any good trade opportunity upto now, think they are waiting for USD news to make a choice. Please tell them to wait until I arrived work,

It will be interesting to see what happen, I haven't read anything yet, but I think we will go down for then test .48xx, that's my Humble opinion.

Regards,

Edgar

morning koala! you mean it will dip then fly up ?

Latest Article 7 Oct 09

EUR/USD pauses for now

"Rain fell on the bulls' party today and cut short the post RBA rate hike party.

The currency pair has slipped from the 1.47+ to the 1.46+.......... "

Click on link above for full article

- - - - - - - - - - - - - - -

Good news for USD, lets see what happen!!! plz hold them , Im leaving, and don't want to open a position, I though going short, but too soon to do that. hehehehe. back on 40mins.

C ya trading,

Edgar