10.6 EDSEL

[lonelytrader]

made my noob mistake for Monday, ( traded)
lets hope the rest of week helps me out of this stupid mess i made

[genaja]

Does anyone know if aud and nzd have ever been at parity 1:1 to each other?

at June 1997 it was 1.02850

[nanningbob]

So it is possible for the nzd and aud to disconnect under certain conditions. I suspect we maybe coming up on one but just a thought for now.

[zTB]

So it is possible for the nzd and aud to disconnect under certain conditions. I suspect we maybe coming up on one but just a thought for now.

On the chart spanning 56 years, the rise from November 1984 low looks corrective. :

Time will tell.

Apologies for the erroneous data file which has been removed.

Z

[zTB]

The attached data -- starting January 1981 -- from Norgs Bank is more like the Forex prices as we know them.

Something not quite right with the OECD dataset file.

Also attached is the Norges Bank original, and latest, file.

Z

[nanningbob]

OK China is good for another .............. x months. Kick the can down the road again and see what happens. Back to trading.

(Reuters) - China's central bank moved to head off another destabilizing cash squeeze on Tuesday with a big injection of cash - flagged in advance in a surprising act of transparency to relieve anxious markets.

Faced with an abrupt rise in benchmark interest rates on Monday, which saw the benchmark seven-day repo rate quoted as high as 10 percent at one point, the People's Bank of China (PBOC) announced it had provided an unspecified amount of emergency cash directly to some banks through its short-term lending facility (SLF).

It also committed to injecting money into the financial system during regularly scheduled open market operations on Tuesday - an unusual behavioral change for the central bank, which usually remains cagey about such plans.

As good as its word, the PBOC dumped 255 billion yuan ($42 billion) into the interbank market, the first injection since December 24 and the largest amount in one day in 11 months.

The central bank also set up a lending facility specifically for smaller banks, who often complain they are squeezed out of the interbank market by bigger players.

http://www.reuters.com/article/2014/01/ ... DV20140121

[nanningbob]

YEAH more inflation for China. You may not believe this but the USA is cheaper in many areas now.

[zTB]

The attached data -- starting January 1981 -- from Norgs Bank is more like the Forex prices as we know them.

Something not quite right with the OECD dataset file.

Also attached is the Norges Bank original, and latest, file.

Z

The best I can figure OECD is quoting USDNZD :!:

Apologies.

Removing the erroneous files.

Z

[zTB]

The attached data -- starting January 1981 -- from Norgs Bank is more like the Forex prices as we know them.

Something not quite right with the OECD dataset file.

Also attached is the Norges Bank original, and latest, file.

Z

The best I can figure OECD is quoting USDNZD :!:

Apologies.

Removing the erroneous files.

Z

Here is the corrected conversion of the OECD data.

The Norges Bank and the OECD charts now look the same.

And the fact remains, AUDUSD was once upon a time below 1.0000.

Z

[nanningbob]

ok My trading comments for the week are:

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