All|Economic Data|Europe|Regions

China|china economy

Gerry Davies


  1. And i wonder what the Aussie would think about this?? about time to let the AUD weaken??
    AUD’s been too strong for my liking…

    for me… ultimately want to see USD strengthen, i suppose someone’s got to shut bernanke up…

  2. hi Gerry…is this going to be positive or negative for the usd on monday?????

  3. HI Gerry how are you? what you think where eur/usd open lower or up what’s your opinion please …. i have some shorts(selling) in eur/usd..

  4. AUDUSD will come down for this news.. Is it right sir?

  5. I remember last time they cut we spiked higher about 50 pips (and then several hundred pips more a couple hours later with that dollar swap thing). Will we get something similar this time or will we focus on Greece, I wonder?

  6. This is a move that increases ability to risk, so risk on. when china was raising RR it was dollar bullish in the past.

  7. The normal reaction to a cut like this, if seen during a trading session, would be for AUD/USD to rally slightly. The theory is that easier monetary policy is supportive of the Chinese economy and therefore helps general risk sentiment. It’s normally not a big move though, as it would be if it were an actual interest rate cut.

  8. Bit early to say Amir. I’d be looking to see what developments/news come out regarding Greece between now and the open.

  9. I agree with you Gerry, though I find it amusing that the thinking isn’t “oh no, they have to explicitly come out and make policy easier – economy must be doing worse than what we priced in”, but the other way round.

  10. The cut was not a surprise as there has been a liquidity shortage in lieu of the upcoming china construction communication ipo. With 7day repo surging to 5pct the rrr cut was to help smaller firms with the semi liquidity crunch rather than a broad base monetary easing. There is still an inflation fear as well as fx outflows in china. My guess is that aud may rise a little but there will be selling pressure.

  11. Cheers hsbc :)

  12. hi Gerry, is there a website to show interbank fx opening price before the retail brokes start operating? Interested in audusd today.

  13. Hi Darren, I know Sean puts early prices up. To be honest not sure where he gets them. Best to ask him.

  14. Or maybe other readers can help advise on this matter

  15. Hi Gerry,Darren you guys can try http://www.xe.com, i use it on sunday nights prior to the asian opening……..

  16. Cheers Ricky


© Copyright 2015 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.