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<rss version='2.0'><channel><title>About Forex</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?tagid=Forex</link><description>About Forex</description><pubDate>Tue, 07 Sep 2010 17:38:25 GMT</pubDate><lastBuildDate>Tue, 07 Sep 2010 17:38:25 GMT</lastBuildDate><item><title>FX Update: Euro traders get ugly PIGS reminder</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1757</link><description><![CDATA[A bit of nostalgia on the PIGS sovereign debt issue as Portuguese debt spreads vs. Germany widen to  a new record. Has the market dropped the ball on this issue? Also, USDJPY trading at new 15-year low as summer is officially over. 
]]></description><pubDate>Tue, 07 Sep 2010 14:13:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1757</guid></item><item><title>Schmeja&apos;s Option World: &quot;For now&quot; is under a day, apparently</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1756</link><description><![CDATA[“All rosy for now” was yesterday’s headline. It lasted for just a day - and a US holiday. The fear about the European banking system came back overnight with a WSJ article. 
]]></description><pubDate>Tue, 07 Sep 2010 12:21:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1756</guid></item><item><title>Veksler&apos;s Forex Blog: Australia forms minority government</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1752</link><description><![CDATA[With the US out of action overnight, the session (as you can imagine) was less than stellar as far as price action and general developments. 
]]></description><pubDate>Tue, 07 Sep 2010 08:37:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1752</guid></item><item><title>European sovereign debt concerns are back in vogue this morning</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1751</link><description><![CDATA[European sovereign debt concerns are back in vogue this morning as Eurozone countries look to auction EUR 80bn in September, about twice the amount in August. 
]]></description><pubDate>Tue, 07 Sep 2010 08:06:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1751</guid></item><item><title>Schmeja&apos;s Option World: All is rosy for now</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1749</link><description><![CDATA[Volatility has dropped about 1 vol on each pair since Friday’s Non-Farm Payrolls number and risk is full on. The stock market has reacted positively and all seems pretty rosy again. But for how long? 
]]></description><pubDate>Mon, 06 Sep 2010 14:52:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1749</guid></item><item><title>Veksler&apos;s Forex Blog: Time to reflect on Non Farm Payrolls</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1748</link><description><![CDATA[With the US and Canada both out today for Labor Day holiday’s the market will be understandably quiet as traders take the opportunity to absorb Friday’s post NFP price action. 
]]></description><pubDate>Mon, 06 Sep 2010 09:57:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1748</guid></item><item><title>A relaxing Labor Day; perhaps...</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1744</link><description><![CDATA[Following a hectic week, reporting agencies must have thought that we all needed a break. At least the calendar is quite light this week with the Bank of England meeting being one of a few potential market movers. 
]]></description><pubDate>Mon, 06 Sep 2010 08:04:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1744</guid></item><item><title>FX Closing Note: Is this an audacious Obama hope rally?</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1743</link><description><![CDATA[The strong rally in risk into today's close in the US today can't be about this week's economic data - particularly as the ISM non-manufacturing index for August showed a steep deceleration. So why the rally?
]]></description><pubDate>Fri, 03 Sep 2010 20:46:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1743</guid></item><item><title>FX Note: Horrible ISM Non-manufacturing - all change?</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1742</link><description><![CDATA[The US ISM non-manufacturing report was very weak, with a particularly weak employment component. This negative report easily trumps all the positive data this week out of the US. How will the market react? 
]]></description><pubDate>Fri, 03 Sep 2010 16:00:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1742</guid></item><item><title>FX Update: Nonfarm positive surprise: shouldn&apos;t USD rally?</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1741</link><description><![CDATA[The employment report was far stronger than expected as the US data has really tried to turn the corner this week after this report and the ISM manufacturing data. The initial reaction was for a USD sell-off today - but why? 
]]></description><pubDate>Fri, 03 Sep 2010 14:34:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1741</guid></item><item><title>Schmeja&apos;s Option World: Volatility drops with risk &quot;on&quot;</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1739</link><description><![CDATA[Spot hasn’t moved much overnight and vol has dropped further ahead of NFPs. Interpretation is key and much focus will be on revisions, hours worked etc. Surprise apart, I stick with lower volatility into the weekend.
]]></description><pubDate>Fri, 03 Sep 2010 11:09:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1739</guid></item><item><title>Veksler&apos;s Forex Blog: It&apos;s magic whippy day</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1738</link><description><![CDATA[It’s that magical time again, the first Friday of the month, which we all know brings the euphoria that is NFP! Couple this Monday being a US holiday (Labor day) and you might get an understanding of how this afternoon is going to play out. 
]]></description><pubDate>Fri, 03 Sep 2010 08:55:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1738</guid></item><item><title> FX Update: Buckle up! It’s non-farm payroll day </title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1736</link><description><![CDATA[Looking ahead to NFP, market consensus is for a loss of 105k jobs, an improvement from July’s -131k, but unemployment is expected to worsen to 9.6% from 9.5%. Saxo’s view is marginally more pessimistic with a loss of 125k jobs and unemployment also at 9.6%.
]]></description><pubDate>Fri, 03 Sep 2010 07:18:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1736</guid></item><item><title>FX Closing Note: NFP to offer another USD inflection point?</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1735</link><description><![CDATA[Today's US session was one for those who enjoy watching paint dry. But tomorrow is NFP day and may be yet another day for a USD inflection point.
]]></description><pubDate>Thu, 02 Sep 2010 20:43:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1735</guid></item><item><title>US unemployment queue lengthens again</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1733</link><description><![CDATA[We expect US August Non-Farm payrolls to show a decline of 125,000 in August due in large part to dismissals among temporary Census workers.<br />
The unemployment rate is expected to edge up to 9.6% from 9.5%. 
]]></description><pubDate>Thu, 02 Sep 2010 14:53:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1733</guid></item><item><title>FX Update: Treading water or squeezing USD shorts ahead of NFP?</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1734</link><description><![CDATA[The jockeying for positioning ahead of the US employment report Friday will likely dominate trading. It is obvious the market has gotten very short the greenback again - could this mean a small squeeze ahead of the report? 
]]></description><pubDate>Thu, 02 Sep 2010 14:47:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1734</guid></item><item><title>ECB news conference likely very predictable</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1731</link><description><![CDATA[As expected the ECB left the main Refinance Rate unchanged at 1.0%. The only notable announcement I would expect from the post-meeting news conference would be that the ECB intends to extend full allocation at refinancing operations at least until year-end. 
]]></description><pubDate>Thu, 02 Sep 2010 13:21:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1731</guid></item><item><title>Schmeja&apos;s Option World: Vol treads water pre-NFPs</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1732</link><description><![CDATA[Markets are in neutral mood this morning and I doubt there will be any changes until tomorrow's US Non-Farm Payrolls, and the usual speculative, rumor-driven trading on a Friday afternoon.
]]></description><pubDate>Thu, 02 Sep 2010 11:07:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1732</guid></item><item><title>Riksbank&apos;s rates closing in on the ECB&apos;s; other macro forecasts</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1729</link><description><![CDATA[The Swedish Riksbank has raised rates a notch to 0.75% as the economy continues to strengthen. Sweden has, so far, managed to avoid any housing-related problems and the OECD leading indicator is still pointing north. 
]]></description><pubDate>Thu, 02 Sep 2010 09:01:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1729</guid></item><item><title>Veksler&apos;s Forex Blog: Trichet sweet for now</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1728</link><description><![CDATA[The ECB meeting shouldn’t give bring up too many surprises as the market has widely priced in an extension to the existing liquidity measures. But things are not quite as sweet in the eurozone as Mr. Trichet would have you believe…
]]></description><pubDate>Thu, 02 Sep 2010 08:22:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1728</guid></item><item><title>FX Note: Assessing the Aussie&apos;s ascent</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1727</link><description><![CDATA[We've seen a huge rally in Aussie since the strong Australian and Chinese numbers overnight. But is this move justified or is the currency getting ahead of itself?
]]></description><pubDate>Wed, 01 Sep 2010 22:05:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1727</guid></item><item><title>FX Update: USD plunges. More weakness to come?</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1726</link><description><![CDATA[Ahead of the rest of this week's onslaught of data and event risks, the greenback is tumbling on renewed risk appetite out of Asia overnight. Is the USD in danger of a new leg down after failing to achieve liftoff?
]]></description><pubDate>Wed, 01 Sep 2010 14:22:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1726</guid></item><item><title>Saxo Forex Model Portfolio; 3.38% return in July</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1723</link><description><![CDATA[The Saxo Bank Forex Portfolio Model Allocation gave a return of 3.38% for the month of August. The allocation for September is still tilted heavily towards a short position in EURCHF and to some degree in EURSEK. 
]]></description><pubDate>Wed, 01 Sep 2010 12:45:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1723</guid></item><item><title>Schmeja&apos;s Option World: Rollercoaster trundles on</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1724</link><description><![CDATA[<div>Asia stopped growing risk aversion with a good performance in stock markets after days of slump. Risk on pairs have also been in demand. In consequence volatility has dropped again, albeit not much.</div>
]]></description><pubDate>Wed, 01 Sep 2010 12:38:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1724</guid></item><item><title>ISM to surprise to the upside, feed risk rally</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1718</link><description><![CDATA[A better-than-expected ISM number is likely to drive the relief rally further. Nevertheless, we maintain our risk-off stance as we see further deterioration in the US (and world) economy. 
]]></description><pubDate>Wed, 01 Sep 2010 09:51:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1718</guid></item><item><title>Veksler&apos;s Forex Blog: Risk-off dominates on my return</title><link>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1721</link><description><![CDATA[After a couple of days away from the desk for me it seems the “risk off” mantra is still dictating the overall price action.
]]></description><pubDate>Wed, 01 Sep 2010 09:34:00 GMT</pubDate><guid>http://www.tradingfloor.com/en/Pages/home.aspx?blogid=1721</guid></item></channel></rss>