Monday, 29 October 2012

Three Feet of water on New York Stock Exchange Floor!

With the storm in the US, markets are just really quiet. Not much action going on. Not much of a point taking positions at the moment.

Today we have BOJ and market is expecting further easing from them. Let's see to what extend BOJ will go with their easing. Market has already priced in a fair bit of easing.

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3 comments:

  1. Anonymous29 October 2012 at 21:40

    any institutional flows on jpy? or any other pair? thanks for the cable trade

    ReplyDelete
  2. Effexlive30 October 2012 at 02:16

    Just after the wild swing, saw some USDJPY being bought at the lows. They went long and I guess would place stops just below 79.10.

    Afterthat, we saw good buying interest ing EURJPY, AUDJPY. Now things have quiet down. Tomorrow is month end and we could see USD being bought especially New York have been off yesterday and today.

    AUDUSD could be a good level to go short. Looking for the lows 1.03.

    Gd luck

    ReplyDelete
  3. Anonymous31 October 2012 at 00:23

    thanks. Any flow orders today? heard there are corp orates into 1.2975

    ReplyDelete

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