US ($) Currency Thread 1 (closed - use thread 2)

inspector_monkfish

trading nicely at 1.4410

jonathanrichardson69

!!!!!!. did jackie just come on line?

inspector_monkfish

jonathanrichardson69 wrote: »

!!!!!!. did jackie just come on line?

haha
so it would seem

touched 1.4428, before crashing back down to 1.4390



anyone watching Sky News ???
these are really rubbish protesters!!

inspector_monkfish

13:03 01Apr09 GBP/USD: 1.44 Handle Lost after US Bank-Fuelled Pop

[12:03 GBP/USD: 1.44 Handle Lost after US Bank-Fuelled Pop] London, April 1. Cable has beaten a rapid retreat to lows just shy of 1.4386 (today"s pre-UK manufacturing sector PMI data high) after a US bank demand-fuelled pop to a new intra-week peak of 1.4431. The big-picture story is gain consolidation from today"s early Europe intra-day low of 1.4273 (<TGM2339>).

March"s US ADP Employment report will be released at 12:15GMT. This is expected to reveal that the US private sector shed 663k jobs last month, after shedding 697k jobs in February. March"s US ISM manufacturing index will be unveiled at 14:00GMT, alongside US February construction spending. The ISM index is forecast to rise to 36.0, from 35.8 in February. The prices paid index is forecast to rise to 33.0, from 29.0.

whatusername

1.43996. Dunno how what the US figures will do, hee haw probably.

jonathanrichardson69

now at 1.437

whatusername

You would think we would get used to how volitile cable is

inspector_monkfish

Did you get your Mraz CD ?

inspector_monkfish

inspector_monkfish wrote: »

13:03 01Apr09 GBP/USD: 1.44 Handle Lost after US Bank-Fuelled Pop

[12:03 GBP/USD: 1.44 Handle Lost after US Bank-Fuelled Pop] London, April 1. Cable has beaten a rapid retreat to lows just shy of 1.4386 (today"s pre-UK manufacturing sector PMI data high) after a US bank demand-fuelled pop to a new intra-week peak of 1.4431. The big-picture story is gain consolidation from today"s early Europe intra-day low of 1.4273 (<TGM2339>).

March"s US ADP Employment report will be released at 12:15GMT. This is expected to reveal that the US private sector shed 663k jobs last month, after shedding 697k jobs in February. March"s US ISM manufacturing index will be unveiled at 14:00GMT, alongside US February construction spending. The ISM index is forecast to rise to 36.0, from 35.8 in February. The prices paid index is forecast to rise to 33.0, from 29.0.

13:38 01Apr09 FX: Stocks knocked back by ADP data

12:37 GMT - Just as the [FTSE AND DAX] were about to trade positively for the first time today, out comes a terrible ADP employment change number knocking 20 to 30 points off stocks in a flash. DJII futures also further in the red now, -104 points, leaving the

FTSE down 40 points at 3886 and the Dax down 45 points at 4039. Bonds,
positive pre-number, added another handful of points after the release,
still trading in very narrow ranges. Gilt futures up 25 ticks at 123.46
and Bund futures up 15 ticks at 124.58. Both contracts now trying to
break out on the upside at 124.66 and 123.50 respectively.

inspector_monkfish

we all know by now what happens when people dump their stocks......