EURUSD soaring on rumor FRBNY swap line rate to be cut

1,3475 resistance and then follow 1,3495
It looks like has been fallen much after uncle Ben announcement !!! Dont forget the pair gain 120 pips before announcement. For me its only 100 pips in us section and followed by Asia moderately and then Europe with their problems. And I dont think the stock market have a chance tomorrow in Europe. The sell off will continue until there is a strong impact headlines....
Now or never.

Sorri Only aware about Bank of Japan.... will come with certain comments

FRBNY = Federal Reserve Bank of New York

LOL

another possible short opp at 1.35

1.3700??? you mean 1.3470 right?
Actually current swing high is 1.3482

Dragon I got the same feeling, let the snowball go for another day CAC 40 another -4 % and DAX -3 % we see the pair below 1,32

FRBNY = Federal Reserve Bank Of New York

don't buy into that...let USD has her moments..however if it turns out to be EUR positive then get set for Friday to do the real EUR killing...

EUR is getting killed since August 30th

Please spare us the "EURUSD soaring" BS. If you are not in a trading room you do not know why it is soaring. I jumped about 80 points in under 3 minutes. The likely reason is the IMF announcement about recapitalising 16 banks, but that is speculation.

How about just "FRBNY swap line rate to be cut" and leave it at that?

Hi piptrader, do you reckon eurusd will behave like what happened 2 weeks back 2 weeks, ie consecutive fall tomorrow, on a Friday then follow by a consolidation the week after? I guess consolidation may take some time as euro is in big shxx at the moment

pqa123 wrote "Please spare us the "EURUSD soaring" BS.
RIGHT.

To Forex Factory: When you supply traders with News, please ensure that your reports contain only "NEWS" and not misleading "OPINIONS" or Emotional descriptions.

wait till the US markets open.. risk offfffffffffffffff : )

This rumor has already caused Euro 1.347 from 1.3400 .. Again, this is a rumor and hence temporary

I agree with you .. may be we will see 1.35 today ..Euro has fallen too much from yesterday thanks for Bernanke ..

This rumor looks like working for Euro .. from 1.3400 it has come to 1.3700

Yes, Type mistake !!

I see a strong support at 1.3420 on W1 chart.. after that support at 1.29..

read comment 28

Federal Reserve Bank of New York

Does it have any impact?

federal reserve bank of new york

Hello pals dont be carried away by such rumors,eur o sucks for now,until its economic woes are resolved ,buying d euro is very very risky now.....

1.3700??? you mean 1.3470 right?
Actually current swing high is 1.3482

Yes, Type mistake !!

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

it was a typo

I would not describe it soaring. What is FRBNY?

FRBNY ??

The Federal Reserve Bank of New York plays a leadership role in monetary policy, financial supervision and the payments system.

It is moving to slow, it supposed to be 1.30 today and next week 1.28

Someone has the balls to buy the swissie against the euro....it has spiked. SNB I am sure are watching carefully.

Stupid rumor hit me for 120 pips on EURCHF pair

Please see

http://www.zerohedge.com/news/rumor-fx-swap-line-rate-cut-sends-euro-higher-goldman-about-be-stopped-out-tactical-eurusd-trad

has any one any idea, when will BoJ interven? yen has raised so much against rivals which is not good for japan economy..

hah,
in what world you trade?

wht do u say friends... wht gona happened next....