Thread: Discuss all about FX open

Originally Posted by rebateFX

In the US session it should be slow, so take a holiday with the yankees :D

Hehe, I took small pips instead ;)

Originally Posted by jhbiz17

Trading will be slow on monday right......not sure is something like president day holiday....

Yeah, the last Bushes' president day

Originally Posted by Alizain

yes, i feel markets still on slow move. president day holiday ?? in USA, right ?

in your opinion, when this moment will over ?

The President's day? It will be over on the next day (american time-zone).

i see on television, many analysis say "Dow jones, will go bearish on opening "

so, maybe it can be one of reason to open a trade on some pair ?

Originally Posted by Alizain

i see on television, many analysis say "Dow jones, will go bearish on opening "

so, maybe it can be one of reason to open a trade on some pair ?

There is a wellknown correlation between Dow Jones and the carry trade currency pairs like G/J and E/J. But this correlation is partly broken now.

Originally Posted by ptaczek

There is a wellknown correlation between Dow Jones and the carry trade currency pairs like G/J and E/J. But this correlation is partly broken now.

then Pta can you give explanation, why the correlation is partly broken now ?

just information

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Originally Posted by Alizain

then Pta can you give explanation, why the correlation is partly broken now ?

Due to the same reasons why USD falls ;) But try to ask Rebate, he could give you better information

have you read this news about USD
Dollar Falls After New York Manufacturing, Confidence Decline
Feb. 15 (Bloomberg) -- The dollar fell to the lowest in more than a week against the euro as an unexpected decline in New York manufacturing this month added to concern that the U.S. is headed for a recession.

more you can read on :
Forex News, Quotes, Charts, Economic Data - The Latest Forex News for the Forex Market

Originally Posted by Alizain

have you read this news about USD
Dollar Falls After New York Manufacturing, Confidence Decline
Feb. 15 (Bloomberg) -- The dollar fell to the lowest in more than a week against the euro as an unexpected decline in New York manufacturing this month added to concern that the U.S. is headed for a recession.

more you can read on :
Forex News, Quotes, Charts, Economic Data - The Latest Forex News for the Forex Market

Thanx, I will take a look!