Sheesh! Asian session is becoming very treacherous to trade! At least for AUD/NZD. NY and London appearing practically more "predictable" lol.
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
Dislikedevery XXXUSD currency is falling hardly except EURUSD which is extremely holding ! wtfIgnored
Disliked{quote} chinese? how about their swiss "friends" too... its like an orchestra....Ignored
Disliked{quote} i was more or less talking about EURCHF... seems the SNB is keeping (once again) their promises...Ignored
Disliked{quote} lol ... do not worry, as long as EU goes up he will not come back Also hard to scalp with - 300 pip DDs ...Ignored
Disliked... the recent move up is a reversal of a large Euro Yuan carry trade. We could see more volatility like this today with position unwinds after the CNY reference rate shift.Ignored
Disliked{quote} The strong USD was hurting Chinese exports because they have a reference rate peg to the Dollar. USD is up 16% YOY. Yesterday they shot the first round in an open currency war with the US. This is a big policy shift. With the weakening Chinese economy, the 2% adjustment they made is not going to have an effect on stabilizing growth. They are going to weaken the Yuan more. My post from yesterday. {quote} The new Chinese policy is going to cause further position unwinds of EURCNY shorts and large capital outflows from China into other currencies....Ignored
Disliked{quote} Any idea what caused that recent sell off in equities gbp... nzd... etc? So odd too that USD JPY goes up and EUR USD doesn't go down in the process..... we're seeing some strange stuff right now. Signs of risk off coming imo.Ignored
Disliked{quote} still i was surprised they did it in such a way...they didnt even wait a few weeks...Ignored
Disliked{quote} This is going to be fluid and aggressive. It's China. They also have a deadline coming up soon for the vote on Remimbi inclusion in the IMF monetary fund so they can get reserve status. So besides internal economic issues, they need to show greater flexibility in a floating rate versus a fixed peg before the decision takes place.Ignored