thenews / Profile
Friends
Requests
Add friends via their profile or user search and you will be able to see if they are online
Outgoing
thenews
Added topic Lies traders tell you
By Boris Schlossberg 1. Trade with a Positive Risk Reward Ratio Of all the lies taught in trading this is perhaps the worst. Mainly because it sounds so reasonable. Who wouldn't want to risk $1 to make $2? You only need to be right 40% of the time to
thenews
Added topic Blind FX trader: “I hear the moves and make trades”
A great story from Bloomberg on Vishal Agrawal, a forex trader at Standard Chartered in Mumbai Agrawal listens to price movements on the trading terminal via special speech-recognition software The man was diagnosed with degenerative eye
thenews
Added topic How Broken Are European Banks? Can They Be Saved?
It’s been a rough decade so far for the banking sector. Beginning with the dramatic failure of highly-leveraged Bear Stearns and its subsequent sale to JP Morgan (NYSE: JPM ) in mid-March 2008, through the collapse of Lehman Brothers in September
thenews
Added topic Where To Target Rebounds In AUD/USD & USD/JPY?
AUD/USD underwent an elongated downtrend until January this year. Of note is that the down move has been framed within a multiyear descending channel and appears similar to the one in 1990s. Monthly stochastic indicator has started inching
thenews
Added topic Credit Suisse Trade Of The Week: Buy NZD/JPY
Currency investors should consider buying NZD/JPY this week , advises Credit Suisse in its weekly FX pick to clients. "Abe's election performance has raised the probability of monetary and fiscal easing in coming weeks. We expect JPY to
thenews
Added topic Pound Higher Against Euro as X-Rate Markets Welcome Theresa 'Soft Brexit' May to the Helm
The Pound to Euro exchange rate bounced following the unexpectedly swift resolution to the UK leadership debate that will see Theresa May installed as the new Prime Minister on July 13th. British Pound to Euro exchange rate today = 1.1802 Euro to
thenews
Added topic EUR/USD: En-Route To 1.05 In 3M; Market To Keep Selling Rallies
We are lowering our 3m EURUSD forecast to 1.05 from 1.17 previously, reflecting the likely growth spillover into the wider European region from the UK's woes. Our former forecast had anticipated a general jump in European currencies which were all
thenews
Added topic Euro in demand as Italy rides to the rescue of its banks
EURUSD jumps to 1.1186 as Italy looks to prop up bits banks The Italian banking sector worries have been calmed with news that Italy is looking to prop up its banks. Monte Paschi looks like it may get a €3bn injection with Italy seeking toi use
thenews
Added topic GBP / USD Forecasts Slashed to 1.22
Credit Suisse have revisited their forecasts for the pound to dollar exchange rate following the UK's vote to leave the European Union on June 23rd and it looks like sub-1.30 levels are on the cards should analysts be correct. The institutional
thenews
Added topic Markets After The Brexit Vote: Opportunities On 1-3 Month Horizon - Goldman Sachs
This FX Views gives our tactical assessment post referendum, meaning opportunities on a one to three month horizon. First , “ divergence” in fundamentals is alive and well , meaning that the US is outperforming – by a large margin – Europe and Japan
thenews
Added topic UK ‘Will Remain in the EU’, Says Austrian FinMin
Britain won't leave the EU despite referendum result, Austrian finance minister Hans Joerg Schelling told German newspaper Handelsblatt on Monday, arguing the economic volatility unleashed by the Brexit vote will prompt a rethink by the country. "
thenews
Added topic The collapse of the monetary system as we know it will push gold to $4,200
Here's a bold call. After the post-Brexit, face-ripping comeback in gold prices, Christopher Wood at CLSA believes that the precious metal is set up to more than triple in price. Since the start of 2016, gold bullion has gained 24.6%, said Wood, who
thenews
Added topic EUR/USD: En-Route To 1.05 On Brexit Contagion
Themes: Brexit it is. The implications of the UK referendum result are hard to nail down, but we expect them to be negative in most scenarios. We would expect Brexit to trigger a chain of non-linear events well into the long-term that are hard to
thenews
Added topic Barcelona's Lionel Messi sentenced to 21 months in jail for tax dodging
One for you Spanish footy fans Lionel and his father both to go down for 21 months Lionel fined €2m, father €1.5 Spanish court says they can appeal sentence in the Supreme court
thenews
Added topic FOMC preview
2 Key Points To Watch In June FOMC Minutes The June FOMC minutes will garner less interest than usual from market participants as the Fed’s risk management approach rules out any near-term policy moves, in our view. The tone of the minutes will
thenews
Added topic The Fed says "technical error" with the June FOMC Minutes release
The Federal Reserve saying one media outlet prematurely transmitted some info from the Minutes The Fed says they are reviewing protocols
thenews
Added topic Sweden's Democrate leader Akesson wants an EU referendum
Comments on Bloomers Sweden should ask for a renegotiation of EU membership After renegotiation, Sweden should hold a referendum He'd say no to Sweden joining the EU banking union Would prefer to rule with the Moderate party
thenews
Added topic Here's your complete preview of Friday's super-important jobs report
After the weakest jobs report in six years during May, the June data, due on Friday, are expected to show that the US labor market is not rolling over. Bank of America Merrill Lynch has called it the most important employment
thenews
Added topic Pound to Dollar Forecast at Parity by El-Erian and Magnus Provided Leadership Vacuum Persists
Two prominent financial market sages have come forward and warned that unless some clarity on the future is provided by UK politicians the GBP / USD exchange rate is at risk of a fall to parity. With the implications of the UK’s Brexit vote begin to
thenews
Added topic Goldman Sachs' NFP preview
Goldman Sachs begin their nonfarm payroll preview by reminding everyone to enter the ForexLive competition! Enter at this link: Take a shot in the ForexLive Non-farm payrolls competition I must say its nice of Goldies to give us a shout out like that
: