2pm US-ET on Wednesday
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2pm US-ET on Wednesday
8 15 am nz
also gdp 4q out a few hours before fed
should be a market moving 12 hours
got stopped out of gbp short otherwise nothing on
logically ( and there aint allways alot of that ) a dollar bearish day
but what if they only cut 25 anyway was going to have a dollar long play on fed announcement but have bottled it
anyone got ant thoughts
I just shorted GBP/JPY at 213.02, strictly because i think it will get crushed if they only cut 25bp, the options are pricing a 74% chance of 50 bp cut which is down from around 87% earlier in the week and the currency markets aren't really reflecting this decrease in the probability of a 50 bp cut so a 25 cut would be great and 50 cut I don't think would hurt that bad either way i'll have a tight stop in place before the announcement... For my day (really night) job I actually lend USD o/n t/n and s/n to other banks both foreign and domestic, its interesting all the US banks are pricing in a full 50 bp cut and most foreign banks are pricing in a 25 bp cut
hi craig , i was thinking along the same lines , 50 bp fully priced in so anything less could have paid big dividends . no real movement when 50 came in
can you lend me some us dollars ?? i reckon your mortgage rates must be 4.5 % were about 10 %
what does on/tn/sn mean just curious
I'll just tell the partners dumbass needs some money I'm sure they'll be fine with it.. lol just kidding I wish I could, cause I would lend myself some money as well. o/n (overnight) means lending or swaping today for maturity tommorrow, t/n (time next) for value t+1 for maturity t+2, and s/n (spot next) for value t+2 for maturity t+3... so yesterday for t/n and s/n most us banks were paying ~3% and foreign banks were in the ~3.25% area
check out my new avatar
Monsieur peat
le trader de la Moulin Rogue
my Oanda preferences are all changed this morning.... all the pairs are back to alphabetical order and its showing profit as a % ....
gold and silver dont show anymore....
aargh .
Hi Peat
Is this your demo or live a/c?
My live a/c appears as normal
rgds - arco
live.
has come right at home , twas only at the work PC... not sure what was happening. home login runs permanently tho so the real test will be when I log out and come back in again - which I've just done and its all good.
False alarm sorry. Not really a major , can reorder things back , was perplexed by the complete disappearance of the metals tho!