you're sure about that?

i think he did it on purpose......strong euro is not very good for the economy

overall trend is down.....but i think now is retracement time.....the euro has been dropping so long.....currency drop too fast also not a good sign

i dont think he will drop rate.......they will let the euro drop naturally

agree with you......

thats why i dun like counter trend trade anymore....to scary

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Added on August 12, 2008, 3:15 pm

drop rate or not its not ganna affect tomolo GDP result

why traders dumping the euro?

i tot last time there is announcement on ECB that they r going to make euro go lower....or is it other currency im confuse with~

i mean ECB intervention

I would be calling the retail sales to be -ve USD.

but the tradeblance tonight would be helping USD.

so on the nut case all the time there has been near to zero buying power for euro. The bear seems to be much larger than the bulls now.

CPI of euro must be print equal or better to stop euro from sliding. Any colder print will make euro slides. As for the ECB rates. I would say ECB would hold again for the next meeting. Moving back to 4.0% will mean they are admitting their mistake for the previous rate hike. A rate cut will happen but not at this close to the last rate hike. Politician dont like to admit their mistake. 4.25% will probably for their "saving face".

any fundamentalst can tell me whats the reason for Yen rise so fast n rapid?

what about GBP....what big event cause the pound to break below 12month low

I think the Retail sales which is use to be USD supportive will print lower than expected and that will send some market shock. However due to low amount of euro buyers. It will not be surprise if we see another "A" shape spike again.

As far as I like hugging the dollar now, but at this rapid Appreciation is very unwelcome. IMO USA is not out of wood yet, with more banks bailing out I cant see any reason to Call a total dollar bull yet.  Everytime I short scalping EU this low this thing come into my mind, it gets more nervous to hold shorts at this low.

Cheap try making money doing whole lots with $1000 or less like some sites say you can... now there's a challenge

your drawdown can reach $7K, and you can hold for months... that means you need capital for rollover  and drawdown. If you had a $3000 account it would be dead by now

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Added on August 13, 2008, 7:58 pm

Haven't seen futures for ages...at least they're regulated. Forex CFD is unregulated, the can pull all sorts of stunts and it's very illiquid.  Stops are regularly hunted by large players looking to remove competition. Futures is regulated, they have central clearing houses (CBOT etc.) so the price of corn is the same no matter which broker you go to. Every played in a market where the price depended on the broker ? futures must be pretty easy, there are no such things as 500-pip spreads, sudden large spikes in the other direction (of course the broker will claim it's genuine, but it was a server glitch.) Yup you can lose a lot of money because of a server glitch. Life must be easy in futures.