EURUSD

1.2528 .............................. Check the week of Jan 8, and then what happened after that.

It doesn't mean I am not long at least for 1.2750

here we go..

uj is funny, drop 100 pips, previous retracements is about 50 pips and its should be targetting 111 to 112 area.

does anyone know if ecb were to increase balancesheet by one or 2 trillion, and massive qe or qqe like japan, eurusd could drop/tank 500-700/1000 from current levels? (this is a question, not an answer) UJ went from 76 to 110 when japan announce qe, and if ecb starts buying sovereign bonds like us or japan, should eu drop to 116 at least?

i reckon eu dropping to 1.00 will help ecb drive inflation to 2% in no time... and possibly even attract investors from china or usa to start manufacturing facilities....

dropping another 500 pips will be certainly aid ecb to meet its price stability objective as well as to prevent japan style 30 years of deflation and to hit 2% inflation.

What is the most important feature of a good World Reserve Currency?
Does EU want it's share in the basket?
If yes, what is the most important feature of a good World Reserve Currency?

I am still short on USD/JPY, aiming for 1,000 pips at minimum. Currently 30, only 970 to go.

You really expect USDJPY to go back to 100 after this move last month?

I agree that it's going down now, but not 1,000 pips.

93.00

lol okay, well all I can do is wish you luck then. i'm afraid you may need it!

So can someone please tell me since I'm a bit new to fundamentals. when QE is announced for a currency, its really bad for that currency correct?

Luck, Universe, Stars, etc. do nothing for me.................... I have to do it all by myself. The only person I need to help me is myself.

Because that must be what EU is going to announce

The other option is damn easy. Here it is:

certainly possible...i had thought for months, 94 is possible but it never gotten there. the recent theme is that usa is the strongest economic recovery around, by that measure, jeffrey gundlach, bond king runnerup/replacement, thought that usdjpy should hit 200 pretty soon. usa with the world biggest debt that it cant afford to repay, let alone allow interest rate increase has many investors buying usd is certainly awesome.

the questions are is usa in genuine economic recovery with all cylinders firing? and if indeed, can businesses sustain 5%, or will it be like japan forever stucked in decade long deflation and low interest rate. the current situation of strong currency and low interest rate is like japan, why would they want to hike interest rate given that the usd is so strong.

the best reserve currency is an ever appreciating currency, i wonder whats on ecb mind on the targetted levels, i am guessing 120 levels is a reality now that german manufacturing is in trouble, pmi @ 49.9, inflation @ 0.7%. Or it could be 124, ppossibly a range from 118 to 124 will be what the shortists here are targetting and ecb is looking at 124 to 132?

a unique situation arise, usdjpy tank, means usd weakening, but euro still trapped in the dumps.

i shorted the snp500 one month earlier @ 1970 and lost 1000 when i cut loss at 2010. Markets always does the unexpected.

pple were happily selling eu @ 12573, 12580, and now eu @ 12630..

While the U.S. dollar has had a stellar run in the past few months, the euro’s forex performance has been an absolute bloodbath. Can we expect more losses for the shared currency?
Just recently, the euro zone printed another set of inflation estimates which revealed that deflation could pose a threat to the region’s already feeble economic growth. The headline CPI flash estimate dropped from 0.4% to 0.3% in September while the core CPI flash estimate declined from 0.9% to 0.7%. That’s way below the ECB’s target of 2% inflation!
http://www.babypips.com/images/2014/...M1-547x451.jpgThis just means that ECB Governor Draghi and his men must step up their game in order to prevent another euro zone meltdown. As it is, they seemed to have used up almost every monetary policy tool in the shed, as they’ve already cut several interest rates twice this year and implemented targeted long-term refinancing operations. Draghi also hinted that they are planning to purchase asset-backed securities (ABS) in order to boost liquidity, and he is expected to share more details on this in tomorrow’s ECB rate statement.
The size of the ABS purchases might set the tone for the euro’s forex price action, with any figure north of 300 billion EUR likely to push the shared currency much lower against its counterparts. No additional rate cuts are expected for now, although it wouldn’t be surprising if Draghi announces plans to adopt unconventional easing tactics.
Of course the ECB still has the option to implement actual quantitative easing, which would involve purchases of government bonds in a last-ditch effort to jumpstart economic activity. However, this idea is encountering very strong opposition from Germany for now. Besides, Draghi might want to save this measure for more desperate times.
Bear in mind that the euro zone is facing the prospect of even weaker growth, as the sanctions from Russia could weigh on food and energy exports. Declining price levels and bleak wage growth could drag consumer spending lower. Credit conditions could remain anemic, as banks didn’t seem to giddy about the latest targeted LTRO. In other words, the odds are not in the euro zone’s favor!
With that, the euro could stand to lose further ground to currencies whose central banks are moving closer to tightening. For now, it looks like the Fed and the BOE are leading the pack, suggesting that there could be more downside for EUR/USD and EUR/GBP. Do you agree?


Read more: http://www.babypips.com/blogs/pipono...#ixzz3EwyNQyuc

How many believes this news?

http://www.bbc.com/news/business-29445335

No matter if I am a Manufacturer, Trader, Service Provider or a Sex Worker, would like to exchange my goods or services for very stable currency. I am not a currency trader but simply want to remain immune from currency price fluctuations and focus on my business. I would prefer a stable currency.

USA doesn't need to repay all these loans like we pay our mortgages. All they need is to offset these debts when they start buying from USA with the money borrowed also from USA. If one doesn't know how it gonna happen, I understand. But if one doesn't know if this is gonna happen, is from Mars ....................... and can live without food.

Short at 1.2640

went short UC at 1.1144 risking 25 pips, gained twice my risk covered 2/3, let the rest run a bit more.....

EDIT

long 2640 risking 10 for 10

Short 2640