trading801's Koala Forex Articles and EUR/USD views

Me trades are great (good enough) thank you
Well, I don't think the quality=vouchers (atleast not in all cases).
And I will stop there

pippilipipp

Oct. 17 (Bloomberg) -- Treasuries fell for the second week as reports on manufacturing and industrial production added to evidence of an economic recovery, tempering investors’ quest for higher-returning assets amid subdued inflation.

Remove of dollars of foreign exchange reserves

Trade Promotion Organization of Iran remove program dollars of foreign exchange reserves reported combined. Meanwhile, Saudi Arabia, South Korea, China, Venezuela, Sudan and Russia, also change the currency basket to have to work.

To report Mehr-Press correspondent, Trade Promotion Organization of Iran said: most likely, of dollars of its reserves, the combination will.

Our recently Japan has requested towards export shipments of oil, instead of dollars this country, to deliver the yen. In addition, Iran intend to release the product to create a fellowship that Iranian Oil Forum is named.

This created the possibility to discuss Iran's oil and gas that the non-dollar currencies, especially the euro to trade. Although the present three Iranian Oil Forum opening delayed, but much is indisputable that Iran's motivation to establish, instead of lookup queries substitute dollars for oil and gas trade has been.

Trade Promotion Organization of Iran announced: October 2007 onwards, 85 percent of oil export prices to non-dollar currencies receives 15 percent and plans to others such as currency AED United Arabic receive.

The doctor's President Mahmoud Ahmadinejad recently ordered the replacement of "euro" instead of "dollars" in the calculation of foreign currency saving account was issued.

However President Mahmoud Bahmani Central Bank of Iran recently MNA full benefit due to change of currency basket announced, saying: Central Bank changes to control the currency market.

The same basis, the program remove a combination of dollar reserves of foreign exchange for our complementary loop will discard this currency.

Continuous decrease in dollar value increase in recent years the United States and distrust liability to America's economy in 2007 caused the number of developing countries to protect their property values necessary combination of dollar reserve currency deposits raised and where it To enforce.

Countries concerns the fall of dollar price

Mehr-Press correspondent writes: Countries that value their assets due to falling dollar reduced, are concerned. Many of them wish that their financial resources to support some of them want to end this situation that America should withdraw from their account, ie, provide free credit affect United States.

Although not exactly the countries that wish aside dollars, but what is clear is that the U.S. position as a valid currency is the problem. Certain countries refused to accept the dollar as a valid currency is grim news for Americans. Can be easily downloaded for it to be less demand for a currency will reduce its value. In addition, U.S. export America's cheapest product is considered a part of its economic life forms.

Meanwhile, now the amount of total world foreign exchange reserves of over 6 thousand billion is 65.7 percent and 25.2 percent of the dollars the euro is maintained so can be concluded that countries around the world accepting the dollar as the currency support Total U.S. $ 4 billion credit free and unconditionally to America have provided.

Until 1971 that America was committed if the countries towards their dollars to gold, but since the delivery of such commitment was not applicable in the same year America convertibility of dollars to abolish money announced.

The same basis, present a number of countries in which the composition changes and their reserves to maintain its currency value of other assets to replace.

Saudi Arabia

According to the Daily Telegraph, Saudi Arabia, the first rate cut, as the decision by the Federal Bank has refused Rzv. This sign is that the Saudi relationship soon cut off your money in dollars would resort in Arabia Kingdom to take the appropriate measures of the economy towards its problems Dollar support.

Experts believe the decision a very dangerous situation for Saudi dollars will create, because the Saudi currency assets can renew its management to act to be over 800 billion dollars.

South Korea

In 2005 South Korea willing to change their investments in countries where the currency exchange their dollars are not affiliated declared. Promoting diversification of currency reserves, South Korea is a program that will be practical in the future is now South Korea does not intend to scale to reduce their dollar reserves in combination to attempt. But so is common that Korean banks in the near future equivalent of a billion United States Treasury bonds that it is in combination will offer for sale.

China

China in 2005 after his relationship with money in dollars pale America is now seeking to create more problems this way this country is threatened if the yuan to boost the pressure or sanctions should be liquidity in the commercial huge dollar to global markets will be flooded.

Should be noted that China's foreign exchange reserves amount to 300 thousand billion dollars this year has been more than a thousand billion dollars of stocks and bonds the Treasury to the America.

Venezuela

Venezuela also a little loyalty to the dollar is demonstrated. Rulers of this country agreed to accept their currency and options exchange have expressed oil with goods have chosen.

Oil clearing of goods in Venezuela when Chavez reached power is common. Chavez not only its decision is not clearly dissatisfactory other countries also encourages such arrangements in its international exchanges accept.

September 2007 State Oil Company of Venezuela Chavez ordered the assets to euro-dollar and other credible international currencies into the swing of the risks of dollars to stay safe.

Sudan

Sudan has emerged once again sought the dollar reserves to euros and other currencies into. In addition, Sudanese authorities to commercial banks and government ministries and agencies and private businesses have recommended that they be in the same way. Sudan's decision to earmark dollars is because the sanctions the United States economy does not impairing the country.

Russia

Iran is the only country that is willing to export oil and other goods with non-dollar currencies to trade. In October 2006 Vladimir Putin's desire to establish in Russia, announced that Orange will be permitted oil, gas and other goods the country received the ruble to trade.

Russian willingness to discuss such establishment is not in any way confidential. In recent years the concern of several Russians share huge dollar reserves, have expressed; so year 2005 Russia's relationship with its national currency and dollars off such a relationship is established with the euro.

Russians about pricing oil with the Euro trading partners have negotiated the move can be a big change for deposit dollars from Russia the second largest oil exporter in the world and move this country is the euro.


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Remember in Forex; Not harm = Profit

Not harm is more important than Profit gain.

Patience and not trade anywhere is a kind of art, and art is profit.

thanks buddy that article is great.. if dollar gets tooooo low, we may get intervention ...

bloomberg:


"The euro’s appreciation against the dollar will be discussed at a meeting of euro-area finance ministers in Luxembourg on Oct. 19, said Luxembourg’s Jean-Claude Juncker, who heads the so-called eurogroup and also serves as his nation’s prime minister."

Oct. 17 (Bloomberg) -- The dollar dropped the most against the euro in more than a month and reached a 14-month low on speculation the Federal Reserve will trail other central banks in boosting interest rates.

From bloomberg:

"The dollar’s “trough” will be “slightly deeper” than previously estimated, Goldman Sachs Group Inc. said in a research report this week, forecasting it will depreciate to $1.55 versus the euro in three and six months before recovering to $1.35 in a year. That compares with previous forecasts of $1.45 in three and six months. "

Oct. 17 (Bloomberg) -- The Canadian dollar rallied for a third straight week, touching a 14-month high and moving closer to parity with its U.S. counterpart as signs of economic recovery pushed commodities and stocks higher.

Thanks Masoud123, that's a good way to see it

many folks are calling for the end of the bullish run.. but i apparently cant see why now.. why not next month or next year.. why now..

s&p 500 remains rather bullish together with oil and gold.. anyone wish to enlighten me?

Latest Article 18 Oct 09

Fibonacci Retracement for Beginners

"Good Morning! Lets discuss about Fibonacci Retracement today.

If you have been trading for sometime now, you would have probably heard about it.
....... "

Click on link above for full article

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Oct. 18 (Bloomberg) -- The U.K. economy will grow twice as fast as previously expected next year as the country pulls out of the worst recession in a generation, Ernst & Young LLP’s Item Club will say tomorrow.

hi buddies.. released the Koala System review for the week at my blog.. cheers!

folks do take note,

From the FF calender Monday, Federal Reserve Chairman Ben Bernanke is due to speak about Asia and the global financial crisis at the Federal Reserve Bank of San Francisco Asia Economic Policy Conference, in Santa Barbara. Audience questions expected.

Guess we have to be careful of any spikes.

Hi all, with my latest article, i have launched a new section in my blog: The US Dollar Demise.

I will attempt to explore the ups and downs of the US Dollar in this section with my usual bite sized easy to understand style. Hope it helps !


Latest Article 18 Oct 09

The US Dollar

"Hi all,

the US Dollar has recently weaken from the highs of almost $90 to the current levels of $75+...... "


Click on link above for full article

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Great articles, Thank you buddy

A financial institution in Japan: the future

Dollar will fall heavily


Head of Strategic Mitsouye Japanese company Sumitomo bank predicted that the dollar value next year (2010) is faced with a severe reduction.


Japanese newspapers reported Friday Times, "Diy Suku Ono» added: continued decreasing trend of U.S. dollar against foreign currencies is expected that the price per U.S. dollar next year to 50 yen level is reached. According to IRNA, quoting the Japan Times, Ono added: Thus "dollar" next year its role as one of the world's foreign exchange reserves position and pattern of world trade will lose. He predicted that the U.S. economy in 2011 AD, and effects due to increased consumer costs and doubt bubble economy of the country, to be grave. According to the Japan's economic analyst, falling dollar until the global currency system is not changed will continue. Value of the USD and the Japanese yen last week to reduce interest rates near zero percent, according to U.S. bank and bank debt this country to its lowest level reached about one year. According to the index, price per U.S. dollar against the yen yesterday (Thursday) with a 15 percent reduction compared with the dollar price peak in August this year the level of 211/72 yen per dollars. This rate is about five degrees lower than record recorded in March 2008 AD, and reduced 5 / 2 percent against the U.S. dollar Japanese yen during the past 14 years. Japanese bank Sumitomo Co. analyst Mitsouye Referring to predict the fall of the dollar below 100 yen and falling stock Davjunz U.S. financial institution after the Lehmann Brothers bankruptcy in the U.S. last year (2008), said: "We cannot wave a long time in the fall dollar value of resistance point.

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not a problem .. thank YOU for being a super supporter ! you give me the encouragement to write on !

one more reason is the us dollar low interest rate .. the market generally don't favor currencies with low rates.. usd is also fast becoming a carry trade currency