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EUR/USD making new session highs above 1.4180

By   || April 1, 2011 at 15:18 GMT
|| 17 comments || Add comment

Dudley has finally stopped speaking…maybe the dollar can stabilize now… ;)

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17 Responses to “EUR/USD making new session highs above 1.4180”

  1. Ariel on April 1st, 2011 15:24 GMT

    all I can say about that move is WTF???

  2. mike on April 1st, 2011 15:24 GMT

    ‘okay sweetheart ; close positions ; I am coming home and packing for vacation; … must be nice. I am putting in shorts if we close up here for ‘weekend gap’ as I am sure Saturday will bring some talks out …

  3. Neil on April 1st, 2011 15:25 GMT

    seriously… what’s wrong with this guy? just when we had other previously dovish members change to a better stance (and why not?), we have this dudd create another dollar disaster

  4. igor on April 1st, 2011 15:34 GMT

    Dudley has short dollar today

  5. Nidge on April 1st, 2011 15:39 GMT

    He must feel great to know he has so much power over the direction of a currency.
    But is he happy!

  6. dualc on April 1st, 2011 15:43 GMT

    I was beginning to wonder if he was ever going to shut his pie hole. Thanks to him I took some losses.

  7. Pandu on April 1st, 2011 15:44 GMT

    Hi Jamie, any info on the big player’s activity in EU? Like Mid-East, or China, or hedge funds sitting at some levels? Thanks. EU has done a remarkable V shaped recovery in the past 4 hours!

  8. twitter-fxi on April 1st, 2011 15:46 GMT

    It’s friday – we will see them make the weekly high :)

  9. Pandu on April 1st, 2011 15:46 GMT

    Also, now that the EU has breached 1.42 I wonder if the next target is 1.4250 where there was supposed to be a large option barrier last week. Is that barrier still active?

  10. Francesco on April 1st, 2011 15:52 GMT

    Hi Jamie,

    I went short USDJPY at 84.65 after the NFP data release spikeup.
    Apart from a safe stop at entry which I have set already, what is your suggestion on this pair?

    Don’t you think that we saw 82 – 83 too quickly and that a retest of the important resistance (now support) at 83.50 – 60 might be seen in the coming weeks?

  11. Jamie Coleman on April 1st, 2011 15:59 GMT

    Personally, would never dream of shorting it…but would buy-back between 83.65 and 84.00…

  12. Annie on April 1st, 2011 16:04 GMT

    Oh well, at least my socks are making money ;)

  13. Annie on April 1st, 2011 16:05 GMT

    I can’t type today meant stocks not socks :)

  14. Jamie Coleman on April 1st, 2011 16:06 GMT

    That’s a good trick any, how does it work?

  15. rolli on April 1st, 2011 16:07 GMT

    Some of you guys are not fair. Whenever some FED-Member gives the US$ a lift you applaud. I f someone dumps it, you start whining. Hey, his job his not to fullfill your biased trading-needs

  16. Annie on April 1st, 2011 16:10 GMT

    Sean taught me how,. when the Asian session was slow.

  17. Francesco on April 1st, 2011 16:16 GMT

    I have closed the short as it’s a counter trend trade, and 50 pips profit are more than enough….just shorted GBPUSD at 1.6130, as I think that April will continue to show USD strenght and I prefere to sell this rally on EUR and GBP

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