Forex rebates on every trade - win or lose!

Hey Mike, , I'll remember that;-)

Jules: Don't normally look in on this thread but I have had so many complaints from the ladies about MG and his Valentines antics and inappropriate behaviour I thought I better look in! :-)

Voyeurism, eh? Bullie. ;-)

I can never work out if this thread has more double-entendres
than a Carry On film, or if I'm the weirdo. :-(

It makes you feel like the bod in the corner, that everyone's pointing
at and sniggering "He doesn't know." ;-)

Mel, snigger, you don't know do you?

SOS - I go out for a couple of hours and you've started upsetting all the laydees - go on push off back to the place where little bald gits hang out. This thread is for the lowculs - you're not local are you?

This is a local FOREX thread for local Forexers

Right, ref my question on Bonds rising, it seems the market is looking
for Rate cuts on economic weakness.

Link to Rates cut scenario

Treasurys higher after a largely weak data batch

Even though Bernanke still insists that Inflation is the concern

Link to Bernanke getting a grilling and his reply

Frank asks Bernanke why easing rates is off table

In response, Bernanke said "there were risks in both directions" with housing as a
major downside risk, but strong spending as an upside risk.

"The economy may be stronger than we think," Bernanke said. This could put upward
pressure on prices.

"In order for this expansion to continue in a sustainable way, inflation needs to be well-controlled," Bernanke said.

Not sure I buy all this verbal sparring. Looks more like simple trading to me atm.

Ho-hum. Back to the charts, I guess.

Lol, MG. :-)

My paranoid index has just gone up another notch. ;-)

Well that's just marvellous, try and do someone a favour (took pater to hospital for a scan) not only do I get spiked out on a cert cable short (or so I thought...oops) I then return to find some interloper trying to usurp my position as the beginner on this thread....

Melnibone....I remember you posting on here ages ago....I think in truth you are a closet expert.....come-out....you know it makes sense...LOL

Nah, Stormy, that was the Indices thread. I claim the baby status on this thread,
and all the broody pampering rights that go with it. :-))

Couple of German Bund charts to follow, that show what I'm looking at.
I assume you're allowed to post Bond stuff here? I take it you're not
all Jim Carrey incarnations. (Cable Guys) ;-)

Have been looking for Shorts due Central Banks raising Interest Rates and
'Tres Vigilant Trichet'. But it looks like we may be going into a larger
'Haven't got a Clue' type trading range.
Tie this in with the US 10yr action and the $ action and it starts to seem
more plausible.
Any comments and it's meanings for Forex crosses?

Melnibone,

So if it's a fight you want.....I shall stamp and scream and hold my breath until I turn blue....it's mine, mine, MINE.....

Oh, and re your query....yes I am sure you are right the FX pairs will be cross..:-)

3 more Charts to take into consideration for Interest Rate expectations
and the possible effect upon the Euro.

Euribor (March) showing the Banks' averaged short term interest rates,
stalling around 4%, and the 2yr Schatz(March) and 5yr Bobl (March)showing similar
stuff to the 10yr Bund.

Well thank you, googlemeister :)
I'm heavily biased towards the larger 'Haven't got a Clue' type trading range.
Hope this helps ;)



Anyone up for 1.9350s?

Have to go out today so not trading. I'm leaving a short to trigger at 1.9570. Could you escort it to 1.9350 please.

cyalata

Pay deals hit 8-year high in January
Fri Feb 16, 2007 1:08AM GMT


By Christina Fincher

LONDON (Reuters) - Pay deals rose at their fastest pace in more than eight years in January as workers demanded wages keep pace with a rising cost of living, according to a survey by pay consultants Industrial Relations Services.

The findings may worry policymakers who are keen to avoid a wage-price spiral after retail price inflation, the basis for most pay deals, hit a 15-year high in December.


The survey showed median wage settlements rose to 3.5 percent in the three months to end-January, the highest since November 1998. This compares with 3.0 percent for the three months to December, a level that had been maintained for more than three years.

"Our prediction that rising headline inflation would feed through to pay awards by January is borne out by our latest findings," said Sarah Welfare, editor of the consultancy's Pay and Benefits bulletin.

"We expect to see a pattern of higher pay awards continue in the first few months of 2007."

Concern over inflationary pay deals has been sparked by several high-profile settlements in recent weeks. British Airways has offered employees a 4.6 percent pay rise, while automakers Ford and BMW have offered wage rises above 4 percent.

Still, policymakers may take some comfort from the fact that the median rise in the IRS survey is less the 3.6 percent initially suggested.

The IRS said three-quarters of the 106 awards included in its survey were higher than a year ago. It also found pay awards in the manufacturing sector were higher than in the services sector.

This finding runs counter to a survey by the EEF employers' body earlier this week which found manufacturing pay settlements fell to 2.9 percent in the three months to end-January, down from a revised 3.2 percent in the three months to end-December.

Blimey, I'm glad I wasn't screen watching today - I'd have started to go stir crazy. Looks like an extremely narrow trading range 9510 to 9575 with a little drop to 65 ......

Interestingly it seems to have paused on the bottom end of a downie/slopie thingymybob. If it breaks through that one it'll be off to chocciepops 9350 and she'll go all gooey with joy. Otherwise it's up to 9610/20 where the downie/slopie meets the uppie/slopie.

All in my everso humbly opinionie.

Have a great weekend everyone - except SOS.

mg (Not quite in the same league as Mel - whose analysis puts us all to shame. But you've gotta avago ain't yer)

Gooey huh ;)

Our friends at DailyFX have failed to provide the usual link to the Economic Release Calendar this week, so the FX Fairy has hacked in the HTML as best he can on the basis that the information is more important than the elegance of the presentation. The Fairy sends his apologies to Madame Hilary and the denizens of this fine thread but he's done his best, honest.

MM,

Damned fine show sir!, stirling effort, wot?....stand you a whisky and soda next time etc...

SC

Test

MM,

There must somehow be a way to either save or print the Excel file to an image file (JPG or GIF). I guess that must be what KL does each week.

If we could get an image, it could then be hosted (Photobucket restricts image sizes unfortunately) somewhere and hotlinked to.

PS. I would've thought that this glitch is only temporary. She probably got one of the monkeys to do it this week while she's off galavanting for the Chinese New Year.