EURUSD

good for the country.

shorts are gettin juiced

looking to add some short sells at 4977

1.4915 can be the bounce area it price go like this to 1.4942 .
fontu

Who let the bulls out ?

anyone can explain what happened now?

this is all i can find

The [RIKSBANK'S NYBERG] says that over the short term, he does not consider the development of the housing market to be a problem, but does see the need for vigilance in the longer term. Concerns that keeping Swedish rates low for a long period of time would create a housing bubble have been creeping to the fore of late after CB gov Ingves insisted that rates will not be raised from the 0.25% record low level until autumn next year. Nyberg goes on to suggest that house price gains of the last ten years are unsustainable and says it is remarkable that house prices are still rising. He points out, however, that the Riksbank can't do much to address the housing market, and concedes that the low interest rate is needed for a longer period in order to stimulate growth and help Sweden out of the crisis. The normalization of rates would spell a rapid rise in the cost of living, says Nyberg.

I wanna know too!

Just a guess based on personal opinion - someone bought gold.

In a few weeks you will see that levels below 1.50 are real bargain levels. Long term traders (big players) use those dips to buy. Nothing magic here.

gold...

fib retrace to 0.618 continuation of up todays uptrend............

bulls eye, now we can go anywhere

Closed both longs (4812 and 4830 from yesterday) @ 4965. Yes, I am probably leaving some $ on the table... but the closer price is to 1.5000 the more nervous it gets. I'll buy another dip if given the opportunity... hopefully a deeper one this time sub 4800. A breakout above 1.5050 should also be good for 75-100 pips to 1.5150 area. We will see!!

Also, thank you Uncle Bernie for the free money!

Regards

its a war zone..first blood

Why not buy dips and sell highs, rather than try to sell highs in an up trend?

[TREASURY SECRETARTY GEITHNER] is telling a small business finance forum that they face a difficult credit environment that can lead to firm failure and slow recovery. (Though this sounds a bit like he means to talk to the home audience, small business credit is among the critical issues the administration faces now in trying to boost employment.) He argues that securitization markets must be healed in order to boost access to credit (a somewhat controversial view), but also that banks must put government assistance to work to increase lending. Geithner says banks bear some responsibility for the financial crisis and have an obligation to help their communities recover.


[US STOCK OPEN] Major index futs point to early slippage after late-day rebound y'day in below norm flow. Bears out on surprise drop in Oct housing starts and permits, casting doubt on pace of recovery ahead. More Fedspeak on tap too from Philly's Plosser and Atlanta's Bullard while Q3 earnings focus on more retailers and holiday sales guidance. To-date, most beating profit estimates but some offering mixed/cautious outlook on key holiday sales season. Key to watch equities in late trade/volume for signs of conviction among big funds to buy on dips given still notable supply of sidelined cash. Meanwhile, Oct CPI rose in line with f/casts, up 0.3% vs Sept but still down 0.2% Y/Y and core Y/Y still within Fed's 1-25 comfort zone. Moreover, housing inflation easing further via rents being up just 1.2% Y/Y. But higher Y/Y comps seen for CPI energy ahead given plunge late 2008 thru Q1 this year. Oil nearing $80.

http://www.forexlive.com/65881/all/t...d-eurusd-rally

Closed my longs from yesterday for a nice gain (hope you did too Exsilium)...I think the EURUSD will eventually go up, but not sure how close it's going to get to 5100 until after Friday's expirys.