Comments on: Yuan to appreciate finally?

By: The Yuan, again. | fxmadness.com

The Yuan, again. | fxmadness.com — Sun, 27 Dec 2009 19:17:47 +0000

[...] Chinese currency. Not that long ago this country’s central bank signaled that it was ready to allow Yuan to appreciate against other major currencies. In a strange turn around, Mr. Wen said that China will not yield to [...]

By: Bank of Canada. | fxmadness.com

Bank of Canada. | fxmadness.com — Mon, 16 Nov 2009 17:59:00 +0000

[...] Yuan from chains, or hosts making some concessions on their own. So far nothing. Looks like the vague appreciation promises from last week is all there is to it. For now. Meanwhile Canadian Prime Minister, Stephen Harper, [...]

By: APEC summit. | fxmadness.com

APEC summit. | fxmadness.com — Sun, 15 Nov 2009 14:43:06 +0000

[...] a lot of speculation about Chinese Yuan being high on the agenda. It is generally expected that the currency will be allowed to appreciate, if only fractionally, at least it was the tone of comments made by Chinese officials. Anybody who [...]

By: Trade deficit. | fxmadness.com

Trade deficit. | fxmadness.com — Fri, 13 Nov 2009 16:32:15 +0000

[...] most important of economic data. It gets considerable attention today, but this is mostly due to president’s visit to Far East, where trade, and the imbalance, will certainly be discussed. Moves of the Dollar pairs have not [...]

By: admin

admin — Fri, 13 Nov 2009 06:28:08 +0000

Straddles should be used when you expect a sharp move, but have no directional bias. Most of the time people have directional bias. Straddles in themselves are some “magic” strategy- both of the orders can be stopped out. Like most other tools they are suitable during certain times, but not always.

By: Prudence

Prudence — Thu, 12 Nov 2009 21:17:00 +0000

I just managed to squeak out 47 pips with a straddle on the EUR/JPY. Probably not what the straddle is designed for, the whole purpose being to get in early on those coiled springs. I set my stops smaller, in fact turned the buy into a stop once I got picked up short. In your straddle link you suggest a longer chart but I see you used the hourly above. I guess it all depends on how tight the movement is.

By: Damian

Damian — Thu, 12 Nov 2009 17:26:38 +0000

Even if the Chinese relax the peg a little bit, it will be very gradual. I wouldn’t expect anything drastic. As little as they can get away with.

By: admin

admin — Thu, 12 Nov 2009 06:06:36 +0000

Indeed. You know all about shame, don’t you?

By: Alex

Alex — Thu, 12 Nov 2009 05:57:01 +0000

Sceptisizm? Not exactly behaviour of model citizen. Shame on you.

By: admin

admin — Thu, 12 Nov 2009 05:26:47 +0000

Heather- if it isn’t yet it will be soon.