Comments on: Looks like US budget impasse might be set for short-term deal https://fxww.com/looks-like-us-budget-impasse-might-be-set-for-short-term-deal/ The Professional Source Thu, 10 Oct 2013 04:27:02 +0000 hourly 1 By: Abdullah Hussain https://fxww.com/looks-like-us-budget-impasse-might-be-set-for-short-term-deal/#comment-30498 Thu, 10 Oct 2013 04:27:02 +0000 http://381c099c8f.nxcli.net/?p=10810#comment-30498 In reply to Sean Lee.

Agreed, both sides of this fiasco are very much hard headed when it comes to this matter, and no one is going to bugde, and the fact that it is a temporary fix will be well vocalized by the Republicans at the least. Sean, gbp/jpy looks like it really wants to break and go to 154, and eur/jpy looks like its dying to break 130 and maybe try and touch base in the 128 region sooner or later, or maybe thats my wishful thinking, but these to factors are keeping me cautious of going to long on usd/jpy, with the usd issue on top of that as the icing on the cake! Until we dont break 97.85, i still am skeptical with this whole situation, or should I be more on my heels and have we already started a reversal?

]]> By: Sean Lee https://fxww.com/looks-like-us-budget-impasse-might-be-set-for-short-term-deal/#comment-30497 Thu, 10 Oct 2013 04:14:57 +0000 http://381c099c8f.nxcli.net/?p=10810#comment-30497 Just trying to work that out Abdullah, I’m thinking s/t USD rally but once people realise that only v temp solution, then usd bear sentiment returns. But overall, might usher in extended period of range trading most likely??

]]> By: Abdullah Hussain https://fxww.com/looks-like-us-budget-impasse-might-be-set-for-short-term-deal/#comment-30496 Thu, 10 Oct 2013 04:12:18 +0000 http://381c099c8f.nxcli.net/?p=10810#comment-30496 Sean, lets say tomorrow a short term deal is reached, what effects will this have on usd Strenght, meaning, will it drastically change or not to much as it isnt a complete resolution, but a temporary fix, and the usd/jpy, what would a good resistance target be in that situation in your opinion?

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