10 Comments

  1. i cant see money printing working to help the economy, it may help the markets for 1-2 weeks, same as last.

    the issues re- global economy are structural

  2. Cracks me how all the group think economist Fed tea leave readers drive the markets with only their usually inaccurate opinions and the media blindly reports this garbage as news rather than opinion. Responsible journalism is DOA.

  3. what do you specifically think is going to be sooo inaccurate?

  4. Morning Gerry how you doing?

    Do you think we may get a decent pullback on dollar yen if they announce more easing. I thought we may see a bit of pricing in already but it still seems fairly well bid.

  5. Morning Ian, how am I doing? Shit basically if you really want to know. Anyways give me a clue, what’s a ‘decent’ pullback in your eyes?

  6. Never mind Gerry soon be time for a few days off.

    I was hoping we may see 81.00-80.80 but realise that’s probably not gonna happen

  7. Got that right Ian, like the rest of the week :)

    Yes, doesn’t look like we’ll see a correction that deep. Seems market wants to position long into the weekend election.

  8. buy on a smaller dip tonight for me then

  9. Nearby support is seen at the base of the 2 week range at 81.65/75 and 80.60/70 (38% from the Sept 13th low at 77.15), while resistance is seen at the 82.75/85 ceiling and the bearish trendline from Apr 2011 (currently just above).

  10. Eye on JPY resist.if interested 8275/85

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