rates

[_nova]

tadaa! now it must just hold a candle or two and we'll run for 1.33

[SimonPB]

zar moved stronger

[#3]

1.3253 now if the usd is dropping like this and the DJ fut is down as well, guess what .....

[SimonPB]

so USD getting thumped - but relic doing nothing ?

[_nova]

Simon the gold buggs are gonna tar 'n feather you one of these days :-)

[#6]

ZAR now at 10.02299 looking to shoot through 10 today, however, what i do not understand may be i should not say, otherwise Simon will say again stop trying to understand it trade it, so i'll keep my comments to myself then

[_nova]

eish the USD bears are piling into the market

[Shaun_Siddall]

So guys trading currency had also priced in 100bps - only got 50bps rand gets stronger??

[SimonPB]

well nova, tis merely a fact. no more no less. USD weaker, relic weaker ? gold bugs better off trying to explain that ?

[_nova]

yep agreed, as long as the buck is the reserve currency it rules and AU won't get traction.

[_nova]

momentum? kinna you believe the USD action today? Good grief, the last time it got trumped like this was when Lehmann went ***** over kettle. The USD crosses in overlay look like a pea***** with a cherry bomb up its nought! Somethings up and I have no idea what but just trading the direction. I think this is wildly overdone but FX traders seem to think we can hit 1.36 or even 1.38 and that will carry the JSE some

[YNWA]

...cherrybomb up its nought......BWaaaaHaha!....good one sport....Imara Reid were punting 1.38 on there weekly chart as next real resistance. Adios.

[#13]

nope i made good money now the real money will come when the usd touches the magical 90 yen, yes it was expected you can only print money for a while until it catches up to you

[_nova]

man, the only rule in this market is very tight stops! I would not at all be surprised if a whole bunch of US senators were short since yesterday morning. US politicians are losing credibility faster than Crazy Bob! This bailout business is going to put a big spanner in the works! Since 05h00 this morning the EURUSD has just about swung a big figure 4 times! This is ultra volatile!

[#15]

for the second time ever the yen is trading below 90 since this morning, last time early 1996, your comments a few weeks ago the BOJ does not have the necessary funding to keep it above the magical 90, investors are running away from the usd, lest see

[#16]

If they run away from the usd.To where and what are the implications

[#17]

nikkei down 5.5 % today they cannot sell their own commodities because most transactions in world trade is done in usd

[#18]

ARE the banks going to affected from the failure of the bail-out. after deflation of 50bps i thought that the bank would decline dramactically. currency affecting the buying in the "equity market"