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Veni, vidi, I didn't tap; EUR/USD to 1.2850

EUR/USD SpotHowever, the chairman commented that the central bank could reduce its bond buying pace "in the next few meeting." The FOMC minutes confirmed that the topic will be discussed in the June meeting.

Session Recap: USD advances on Bernanke speech

Trader's eye on majors - short term

Valeria Bednarik - Yes, but no. The fact is that both, Bernanke in its testimony and the FED in its Minutes, sent a...


EUR/USD: So is the FED tapering QE or not? by FXstreet.com

USD stays well bid after Bernanke testimonyby Sean Lee

USD/CHF argue further upside likely by Chris Moyer

Top Stories

FOMC minutes show members open to tapering QE

The minutes from the April 30 and May 1 FOMC meeting showed that "a number" of officials expressed willingness to taper the bond buying program as early as the June meeting "if the economic information received by that time showed...

Bernanke Green Lights Dollar Rally

here you go folks − Fed Chairman Ben Bernanke confirmed this morning that the central bank could reduce its pace of asset purchases "in the next few meetings." It took a while for Bernanke to make his point and the dollar...

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Current Trading Positions

EURUSD Order Entry SL TP
Chifbaw LLC BUY LMT @1.2790 1.2750 1.2830
Mind Vision Traders BUY LMT @1.2812 1.2776 1.2977
AUDUSD Order Entry SL TP
Chifbaw LLC BUY LMT @0.9615 0.9550 0.9700
USDCAD Order Entry SL TP
MIG Bank BUY LMT @1.0003 0.9927 1.0079
EURJPY Order Entry SL TP
EW-Forecast BUY LMT @131.90 - 133.80
AceTrader BUY LMT @131.15 131.80 132.90

Best performers

Pair Last High Low Net chg.
EUR/USD 1.2833 1.2863 1.2827 -0.0027
GBP/USD 1.5027 1.5052 1.5024 -0.0022
USD/JPY 103.49 103.55 103.07 0.33
AUD/USD 0.9656 0.9703 0.9653 -0.0043
EUR/JPY 132.80 132.90 132.39 0.16

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  3. Veni, vidi, I didn't tap; EUR/USD falls to 1.2850
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John Kicklighter What's the point where the search for 'bubble' finally turns markets around? http://t.co/gyxVg61YOK
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zerohedge Nikkei225 may hit 16000 today even as the Japanese bond market crashes and burns
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zerohedge Japanese Bond Market Halted At Open As Selling Purge Goes Airborne http://t.co/OERaw5oB0h
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John Kicklighter Japanese officials: "uh oh". JGB 10yr at 1.00% first time in 13mos. Definitely faster than they want http://t.co/0cx9B4OhH6
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GlobalFX RT @DemianMcLean: Ford to close Aussie plants on strong #AUD, reports AFR. Boosts pressure for rate cuts, RBA is on record as concerned abo…
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zerohedge JGB 1%
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zerohedge As a reminder, every 10 bps JGB parallel shift wider is another 1.5% (blended) in bank Tier 1 capital gone poof
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zerohedge Boom - JGB Halted at open.
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Douglas C. Borthwick Mish GEA: Rand Paul Has the Right Idea, Congress Should Apologize to Apple; Holy Grail of Tax Avoidance; The "... http://t.co/gK4iycV5Dv
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zerohedge JGB 0.99%. Game on
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zerohedge IRS' Lois Lerner Re-Subpoeaned After Waiving Her Right To Plead The Fifth http://t.co/nxfw5NFDpb
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Sebastien Galy Nominal world is dying. Much as in the 70s and 80s, limited potential real income is leading to a repricing of term structures.
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John Kicklighter What's the verdict tech traders: does this look like a wholesome $EURUSD head and shoulders pattern? http://t.co/V8gmLUMzIb
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Sebastien Galy The reaction to Bernanke's speecg both indicate the strength of the usd or normalising trend, but a move away from a nominal to a real world
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John Kicklighter Canadian Finance Minister Flaherty: capital excess may lead to asset bubbles
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Sebastien Galy@econstyleguide: Centred on, not around or in.” watercloset humour from the economist?
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GlobalFX RT @10_cents: #ff my mate @Calvofx who will have words on Oz Ford closure and Oz manufacturing, rates etc
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Sebastien Galy RT @SiibillamLaw: My mum is a motherfucking badass pic.twitter.com/1XiZGFrs4E
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