CRRNCYSHR BP STER TR (FXB)
-
Quote & Analysis
-
Forum
Loading...
Symbols:
FXB Forum Topics
- All Comments on FXB
- General Discussion on FXB
- Global Market Roundup: Will the Bailout Work? [view article]
- U.S. Dollar: Best of the Worst? [view article]
- What the Retail Layoffs Are Telling Us [view article]
- Rescuing the U.S. Dollar [view article]
- Profiting from the $700 Billion Bailout [view article]
- European Finance Now Under Attack [view article]
- The Rules of the Game Have Changed [view article]
- Top 10 Currency Trading Tips From Deutsche Bank [view article]
- The New Currency ETFs Add Little For Investors [view article]
- Whither the Dollar? Currency Trends and ETFs [view article]
- Why Won't the U.K. Join the Euro? [view article]
- The Complete List of Currency ETFs [view article]
loading ...Recent FXB Articles
- U.S. Dollar: Best of the Worst?
- Currency ETFs Shine Through Bleak Market
- What the Retail Layoffs Are Telling Us
- Global Market Roundup: Will the Bailout Work?
- Rescuing the U.S. Dollar
- European Finance Now Under Attack
- Profiting from the $700 Billion Bailout
- Interactive Brokers FX Summary
- Weekly Market Outlook: Sept 22-26
- The Rules of the Game Have Changed
- Full List of Articles »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Three Charts To Ponder: Oil Services, Oil, and the Pound [view article]
Please tell me how I would be expected to know That the Pound is included only for show? The Charts are Useful, the trendlines and expectations therefrom are only in the "eye of the Person" drawing them and making inferences from them.If there is no reason to include the Pound, why include it? I called the CRB to hold 380 and oil $110-111 weeks ago. Using long term 40 year charts on the CRB and 5 year oil, Oil is an almost perfect Fib. retracement which was supported by a trendline connecting the tops of last 3 years and extending same into the present.
You don't like my comments, don't read them. Those people who write Articles just to attract the attention of people who agree with whatever is written, should only post them on their own Web Sites.
Take the Pound, just from the Chart provided, I would draw a line connecting the two tops shown and a Parallel line which ...gee, there is no breakdown. The Pound is still holding within an uptrend and now has 3 points of support.
Charts involve mechanical input but artistic interpretation. I am sorry if my mechanical input goes against your artistic interpretation.
Reply
ragmatist
Three Charts To Ponder: Oil Services, Oil, and the Pound [view article]
Charts, smartz! The only thing to consider is reality in the present. If the Dems get their hats handed to them in November, as they should, after two years of screwing up the economy and using blather and mindlessness as their tools, the Repubs must show they are, truly, dedicated to establishing energy independence for the nation by implementing their promise of Drilling Here, Drilling Now, and Paying Less. Then, oil prices will plunge below $70, as low as $50(?), and the chartists will have cornered the market on toilet paper.If there is any intelligence in the electorate, so shall it be. If not, there is no hope for this nation. But never fear, the chartists will show us the way to oblivion.
Reply
Three Charts To Ponder: Oil Services, Oil, and the Pound [view article]
paultaut, if the information is not useful to you, then don't bother to read it... simple as that.and steve ward, the pound chart is uncorrelated to the oil charts. was just pointing out another technical breakdown that occurred. the 3 charts were just glances at the technical side of things... just so happens that the first 2 charts both had to do with oil in some capacity. Reply
Three Charts To Ponder: Oil Services, Oil, and the Pound [view article]
To paultaut: British Pound has been historically since 1974 a "petro currency". That maybe why they used it.however,the Pound is less and less a "petro currency" due to a declining North sea production base.So your point is well taken,the article does not explain the use or reasoning behind the Pound's inclusion here.
A better currency is the Canadian Dollar with a CadJpy ratio. The Canadian Loonie vs. the Japanese Yen. That would have been far more appropiate here. Reply
Three Charts To Ponder: Oil Services, Oil, and the Pound [view article]
PS I can't help but notice the absense of any trendline on the oil chart. Nor do I understand the relevance of using the Brit. Pound instead of the Euro. ReplyThree Charts To Ponder: Oil Services, Oil, and the Pound [view article]
Feel free to draw lines wherever they fulfill your predictions. And don't foget to only use the Time Frame required to allign them. ReplyGood News / Bad News for the Dollar [view article]
Agreed Balderdash. We're playing with fire by diluting our currency when we are completely and utterly dependent on foreign debt purchases. FXA, FXE, or DBX anyone? Replying
Pound Hits Two-Year Low vs. Dollar: U.K. Economy Stagnant [view article]
the US dollar is up against the Swiss franc! that is funny! ReplyGood News / Bad News for the Dollar [view article]
This is typical Keynesian thinking.Monetary stimulus is inflationary.
Having the government taking on 5T in mortgage obligations put the taxpayers on the hook for rising loan defaults. Since no politician will raise taxes to cover this, they're going to flush our currency down the toilet to cover the losses.
None of this is dollar bullish. It's dollar bullsh*%. Reply
Jackson
Currency ETFs and ETNs [view article]
Thank you! We've updated the list to include:Market Vectors Double Long Euro ETN (URR)
Market Vectors Double Short Euro ETN (DRR) Reply
Currency ETFs: For Speculators Only [view article]
Could the dollar collapse? Yes. Is it likley to? No. Do I feel more confortable with my retirement funds spread into the high interest bearing currencies? Yes.Why? Because I now, don't care if there is a run on the US treasury!!!!!
Zing Ray Reply
Currency ETFs and ETNs [view article]
Don't forget the Market Vectors Double Long and Double Short Euro ETN's. I hope someone introduces a short pound ETN soon! ReplyPound Sterling Falls On Hard Times [view article]
short cable from 1.95 great trade see no reason to close out any time soon..... they will cut like every other central banker, inflation targets are fine but scorced earth is no good....Reply
The Sterling is Getting Pounded [view article]
Full blown pound crash in progress (-1.6%) ReplyQueens
U.S. Session Wrap: Meredith Whitney Does It Again [view article]
I think you are missing the point here--the LFB seems to be supplying a lot of economic info and they also made an important point.Everyone is consumed with the dollar's connection to oil, but they;ve pointed out that the dollar was able to decline even after oil fell because the financial sector weighed on the overall indexes.
Much of there info seems to be taken right from the source, and they break it down in a way that paints a total picture of the market. I think it's a very handy resource. Reply