Comments on: Quick overview of Asian trade https://fxww.com/quick-overview-of-asian-trade-9/ The Professional Source Sat, 23 Feb 2013 13:55:40 +0000 hourly 1 By: brijesh https://fxww.com/quick-overview-of-asian-trade-9/#comment-16523 Sat, 23 Feb 2013 13:55:40 +0000 http://fxww.dreamhosters.com/?p=5763#comment-16523 Thanks Kirill. Downgrade though was the last thing on my probability list, LOL. The only was to describe the moves was “strange” (technical term is “emotional”)
Lets see if we can see some decent follow thro next week.
H W/e 🙂

]]> By: SergaNet https://fxww.com/quick-overview-of-asian-trade-9/#comment-16513 Sat, 23 Feb 2013 07:25:17 +0000 http://fxww.dreamhosters.com/?p=5763#comment-16513 The international rating agency Moody’s lowered a rating of state bonds of Great Britain on one step with “Aaa” to “Aa1”, is reported on the night of Saturday in the agency press release.
The forecast on ratings was changed to the stable.
Among the main reasons for negative rating action in the message of Moody’s remaining weakness of forecasts of medium-term development of the British economy is called.
The Minister of Finance of Great Britain George Osborn called loss by the British state bonds of the highest rating “a reminder on debt burden” this country, transfers on the night of Saturday France Presse agency.
As analysts of Moody’s expect, sluggish economic growth in Great Britain will remain, at least, till 2016.
Sky News tells that the solution of Moody’s became serious blow to the Minister of Finance of Great Britain George Osborn whom earlier criticized for insufficient efforts on economy stimulation. Great Britain lost the highest credit rating for the first time from 1970th when they began to be appropriated. Moody’s while remains the only agency which has decided on such step. Standard&Poor’s lowered in December of last year the forecast on a rating of Great Britain with stable to negative, but still didn’t deprive the United Kingdom of the highest rating.

]]> By: Kirill https://fxww.com/quick-overview-of-asian-trade-9/#comment-16505 Sat, 23 Feb 2013 01:54:37 +0000 http://fxww.dreamhosters.com/?p=5763#comment-16505 Brijesh, cudos to your observation. First I had dismissed your comment, but then UK downgrade brought it back like flash… I wonder when rating agency leaked downgrade info…

]]> By: brijesh https://fxww.com/quick-overview-of-asian-trade-9/#comment-16488 Fri, 22 Feb 2013 10:03:43 +0000 http://fxww.dreamhosters.com/?p=5763#comment-16488 Something is up today. Though the prices are static per-se, its very volatile. Something’s up!

]]> By: Papillon https://fxww.com/quick-overview-of-asian-trade-9/#comment-16483 Fri, 22 Feb 2013 07:57:57 +0000 http://fxww.dreamhosters.com/?p=5763#comment-16483 Thanks Sean. On EUR/CHF, this is exactly what I monitor 😉

]]> By: Sean Lee https://fxww.com/quick-overview-of-asian-trade-9/#comment-16482 Fri, 22 Feb 2013 07:46:54 +0000 http://fxww.dreamhosters.com/?p=5763#comment-16482 Still same Papillon, 122/126 broadly but should eventually break higher. EUR/CHF might be worth watching, might see try to trigger stops below 12250 and could give some good buying opps near 12200??

]]> By: Papillon https://fxww.com/quick-overview-of-asian-trade-9/#comment-16481 Fri, 22 Feb 2013 07:21:34 +0000 http://fxww.dreamhosters.com/?p=5763#comment-16481 Good evening Sean,

Yesterday, I didn’t buy dips on EUR/JPY because we have broken the support at 1.3260 on EUR/USD. I have preferred to wait to define a new hold level on EUR/USD. I guess, the bears would attempt 1.3060. Obviously, the level held at 1.3160 (EUR/USD). For USD/JPY, we have a range [92.00- 94.00]. What is your view on EUR/JPY ?

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