Thread: GBP and JPY Pairs H1 2013

It keeps going and going and going....
158 pips up from the daily open..
I've managed to take a meager 8.3 pips from the short side. The initial "pop and drop" scared the heck outta me. Looking at the wicks of some of these candles; I'd say this is a rather mean fight up.

Originally Posted by mechtech

Now your making me think of her in one of those German barmaid outfits. I haven't had breakfast yet. Hope this wont require therapy.

You like being whipped? YOU SWINE!!!!

This move up in the euro has an artificial feel to it - a possibility of central bank intervention

Originally Posted by Mary R

This move up in the euro has an artificial feel to it - a possibility of central bank intervention

Is that why they wanted the swap window reactivated???

Losses in the AUD pairs are getting close to very disruptive inter-market levels.

EUR GBP AUD CAD
8.72% 3.39% -17.00% -3.74%

That is not a healthy looking correlation for those moves. Something is very wrong today. I'm not waiting around to find out.

Originally Posted by Mary R

This move up in the euro has an artificial feel to it - a possibility of central bank intervention

Yep, and what goes up....awww, you know the rest.

Originally Posted by rickos

Is that why they wanted the swap window reactivated???

Not sure - the swaps are mainly to provide liquidity. The CBs usually only intevene in emergency situations - they want to save their ammunition because if they do it all the time there's a chance it won't work anymore

EUR/CHF - intervention probably going on

Originally Posted by Mary R

Not sure - the swaps are mainly to provide liquidity. The CBs usually only intevene in emergency situations - they want to save their ammunition because if they do it all the time there's a chance it won't work anymore

It is also possible that the inflation number that came out point to lax Fed rates in the near future, and therefore, the Euro is not in danger of being "hiked" by USD rates.

Greece talking about leaving EMU now? Humm that's a shift from previous talk. I'm sure there will be more to follow. *****Unconfirmed****

Originally Posted by Steve125

Greece talking about leaving EMU now? Humm that's a shift from previous talk. I'm sure there will be more to follow.

Where'd this come from????

I visited a couple Greek News sites, and what they DO talk about is the possibility of a North Euro and a South Euro.

On a personal note, I will allow the use of my avatar on the South Euro.

Thomas,

i had an entry order to short E/U at 1.2363 but it was not filled when the price reached that level. got alot of beeping sounds from my computer. why did this happen? this is 2nd time today. 1st time i did not really notice until it happened again a few minutes ago.

Originally Posted by rickos

Where'd this come from????

My news algo ripped it of the web over the last 10 min. Ransquawk is also running it.

Originally Posted by Steve125

My news algo ripped it of the web over the last 10 min. Ransquawk is also running it.

Ripped? Shame on you. Don't you believe in paying for your information?

Originally Posted by rickos

Where'd this come from????

I visited a couple Greek News sites, and what they DO talk about is the possibility of a North Euro and a South Euro.

On a personal note, I will allow the use of my avatar on the South Euro.

Greece has denied the rumor. That was fast.