Jon Brady August 25, 2014 I really think they want that bank bail in to go in effect before they rv. That is Sept 2
Ranger4564 August 25, 2014 I have a suspicion that last night's halt was not to correct software glitches to enable the RV,I believe that someone may have inserted the 'RV code' into the system, and the cabal had to halt transactions while they disabled or removed the code. Maybe they had to isolate some input servers, prevent certain algorithms, or maybe revert to a backup from the prior night. Whichever. It's also certainly possible some one or some code was not ready, so RV had to be halted. Least likely is that there really is no RV. I'm convinced there is an RV, but that factions are fighting it.
Donna Skinner August 25, 2014 I'm in the camp that believes that the groups and dinarland will go any second. We know that people have brought their currency to the banks and have received deposit slips...I'm guessing the funds will be on hold until the announcements come.
We could get those group emails notifications any moment.
PS...and Exo could post the "go to the bank" signal at any moment, the full Santa suit.
Christian Da Silva August 25, 2014 at 9:08am They still have to officially seat the government. Then they have many things to accomplish before the CBI will take the currency international. The so called TRN, well the US Note, has nothing to do with this. Gold markets have nothing to do with this.
G T > Christian Da Silva August 25, 2014 at 9:16am
Not Completely true.....
CBI could be updated AFTER the RV
Forex & the Currency Exchangers would be Notified before CBI's Updated!!!
It maybe Hours after the RVs live & CBIs not updated
G T There's apparently ALSO a Media Blackout until the Announcement in Iraq
LVegas > G T But it's end of day in Iraq, thought announcement first thing in the morning for them?
BlueEyedGoddess > LVegas The media can black out anything here, regardless of the time in Iraq, until they want the public to know.
wilbur grodan Perfect start for PM'S and producers….Exactly what we wanted
[ByGrace] CME Group resumes electronic trading after glitch delays open ~ http://www.reuters.com/article/2014/08/25/us-cme-group-trade-issue-idUSKBN0GP02K20140825
[BigDog-OH] Approving a hydrocarbon law is key to Iraq's future http://www.al-monitor.com/pulse/business/2014/08/httpalhayatcomopinionwalid-khadouri4161316d8a7d9.html
[BigDog-OH] Iraq's Abadi optimistic on formation of new government http://in.reuters.com/article/2014/08/25/iraq-security-idINKBN0GP15120140825
Jester got some good feedback... Is it enough for me to call IT... NO... Is it different than normal... YES... Is it from our major SOURCES...YES... Are they saying for SURE... NOT... Just that something is changing...are we seeing changes in the banking... YES... Things that were not possible before are now apparently underway... Suffice to say that it is a positive direction... I can tell you something is happening... Others see that as meaning we are DONE... I see it as the ptb needing cash FLOW...
A stopgap method for putting your finger in the dike to keep things from going to heck in a hand basket... Some things not possible a few weeks ago are now possible "theoretically" as we are seeing... They have not happened YET... But "theoretically" they are about TO...
A few more days will tell the TALE... If they do then one of two things are happening... Either we are on our WAY... Or this is a workaround to keep things moving the right direction... We will SEE...
RRRR: Everything is how it needs to be now. A win-win situation is brewing. One with solutions that are fair to everyone involved. This requires that you have blind faith that heaven is working behind the scenes to extract the highest good for all. Use positive affirmations and prayers to keep your spirits high. Above all, make sure that your conversations about this RV involve positive and optimistic words and phrases.
1s152bc: Forex Gap Opening Article & link to charts
ForexLive Asia Wrap: Gap opens on currencies as the USD strengthens after the weekend
Check out the gap in the charts: http://www.fxstreet.com/rates-charts/currency-charts/
54 minutes ago | August 25th, 2014 03:53:38 GMT by Eamonn Sheridan
Forex trading headlines for Asia Monday 25 August 2014
BOJ’s Kuroda says Japan only “halfway” to achieving price stability
184 convoy vehicles now back in Russia
Germany’s Merkel says there needs to be a bilaterally agreed ceasefire in Ukraine
Bank of England’s Broadbent – comment on financial stability
More from BOJ head Kuroda at Jackson Hole
Atlanta Fed President Lockhart says of the Fed on interest rates hikes
Swedish government cuts growth forecast, says to raise more taxes if re-elected
Pressure builds within Fed to signal new policy course
German finance ministry sees quick economic recovery after weak Q2 – Spiegel
Sweden’s Social Democratic Party ready to relax regulatory limit on mortgage financing
State of Emergency Declared After California Earthquake
New Zealand election back in focus
Canada – Poloz seen unlikely to raise interest rates yet, despite rising inflation
Financial Times: Eurozone inflation trend raises alarm at ECB
Nikkei reports: Japan government to say production weak in August
Nikkei: Japan government will end a tax break to promote capital spending at the close of fiscal 2014
French economy minister urges alternative to German austerity
Globex remained closed until 0200GMT due to technical problems, here and here
Burger King in talks to buy Tim Hortons in Canada tax deal
WSJ’s Hilsenrath: Fed’s Yellen Remains Mum on Timing of Rate Change
A profile of Janet Yellen, who is “The Mystery Woman Who Runs Our Economy” and what are her plans?
Goldman Sachs on 3 main themes from Yellen’s speech at Jackson Hole …. and the outlook for US rates
Gap openings all over the place in early New Zealand this morning with a USD strengthening theme.
EUR/USD was one of the biggest , down more than 50 points with much chatter about Draghi at Jackson Hole implying that the ECB is going to have to have a long hard look at continuing weak inflation in the eurozone.
But it wasn’t confined to EUR weakness by any means, with Cable, CHF, and CAD dropping as well against the dollar.
All stabilised as Asian liquidity improved as the morning passed, with EUR/USD the weakest of this lot.
USD/JPY opened higher, too, but traded mainly sideways as the session progressed.
The AUD showed a gap opening lower, too, not a huge gap down in comparison and it retraced all of its gap and then some as the session ticked over.
NZD/USD was a peculiar one. It opened fairly flat but was smashed lower an hour and a half into the morning, losing more than 60 points before stabilising. Some jitters were expressed in the market concerning NZ politics (see bullets, above), but AUD/NZD buying was also a big factor – to new 2014 highs again today.
Author: Eamonn Sheridan
Eamonn Sheridan worked with Bankers Trust Australia for 13 years as a Spot foreign exchange dealer, trading across all major currencies and all time zones. He rose to a Vice President position, running spot operations during the busy European time, leaving the bank just prior to it being sold to concentrate on running his own business in the ‘real world’!