Some interesting truth on eur/usd uncovered

So this is how it is, I did had a feeling something like this is unwinding. This may help you in future when thinking about crisis, safe haven currency, bias on eur/usd etc. - enjoy:

http://www.zerohedge.com/news/2013-02-02/how-feds-latest-qe-just-an...

Views: 457

Comment by Peter jcp on February 3, 2013 at 11:24am

Very Interesting article for sure Romano - trouble is I don't know how much to believe - I am sure the Fed could be "out-trumped" by other around the World - America is just not the force it thinks it is - and the World knows it continually lies. I need to read it a few times but something not quite right with the article ? 

Comment by Romano on February 3, 2013 at 11:40am

Whats not right Peter? I think charts perfectly explain recent eur/usd upward move and all that scam CBs do! Read it 20x if u have to, but this article is spot on. For long term and especially fundamental traders, this is huge exclamation mark. This is THE reason why in worst and possibly most dangerous situation in decades, stocks, equities and risk-on currencies are reaching all time highs.

Comment by Romano on February 3, 2013 at 11:47am

One more thing, I am sure its not just FED, but also SNB and BOJ. So its effectively market vs biggest central banks in the world who have unlimited powder.

Comment by Peter jcp on February 3, 2013 at 2:07pm

Hi Romano - I do respect and like Tyler the guy who's come up with this blog - he has made some great discoveries in the past - but also many duff ones ;-)) ( the ones he would like to forget - but ay - nobody can be 100% correct all the while)

I am not a great follower of correlations - the market can make and break them when they like - as part of the "false sentiment " package which is so important to this market and for the players to remain in control.

I mean if I produce a chart showing the recent massive moves in the yens and the rises in the EU - were correlated to market volumes down by 40% - would you believe it ?

Similar if i showed that these movements are related to non US and non Euro Banks - but other world banks ( Eastern) - suddenly seeing massive injections of monies into their coffers - what would that show??

I also have a correlation of me trading better when i have more than 3 bottles of Stella Artois - but I don't think that's always true.

So jury out for me on that ;-))

Comment by Romano on February 3, 2013 at 4:14pm

I would say this one is ok, I preferably reserve skepticism to posts that dont prove any numbers, but here we have some real charts and I doubt its coincidence. Its not first time either, some weeks ago was another post showing how FEDs "other assets" raise proportionally with Greek bonds.

Comment by Romano on February 9, 2013 at 11:29pm

http://www.zerohedge.com/news/2013-02-09/feds-bailout-europe-contin...

^...and so FED continue..., still not convinced?

Comment by Romano on March 9, 2013 at 6:17pm

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