Iko Ward: Isn’t it nice when 1081.5 becomes the norm…not nice enough….. China lost 5.6% last night…hmmmmmm
MissGemini28: IKO – Do we want China to lose?
Iko Ward: Gold has dropped to 1055. Yes, right now we want China to lose. Gold to drop. And yes, MsGem, no more 1165.
BaldEagle: USD at 100.13
Iko Ward: Bald Eagle, .2 would be awesome.
TheEyeGuy: IKO, is there a new target, or still looking for the deep stab?
Iko Ward: Deep Stab, deep, deep, deep stab.
TheEyeGuy: cool, but how deep 990 or lower?
OleSailor: eyeguy let’s pray for .20 or less
SassyD: Iko… The fact that Forex hasn’t bounced back to the 1166 area in over a week speaks volumns to me…. I can SEE that’s never happened before !! ….. Watch what HAPPENS… not what’s SAID !!!
SassyD: The Shrine being PACKED…. people celebrating for days now….. just like back in late April…… Watch what they DO…. not what they SAY !!!
Plogena; In all seriousness, I have long wondered who “they” are. Supposedly, Ms. Legarde wanted it, Mr. Obama wanted it and I am sure Mr. Abadi wanted it. Seems that those are the people who should be able to pick up the phone and say “Make it happen>”
iko Ward: It’s OK guys, as Shane said, still below 1085 and now for the 8th day. Other intel has come in suggesting it’s a go for us these next few days. Stay open, stay ready…… I am still believing it’s here.
[LAS] Kim Clement Update: Kim is out of surgery and stable, and now we pray and wait. Thank you for your prayers and support through this difficult time. We know that God will be faithful to complete His good work through Kim. Psalm 118:17 “I shall not die, but live, and declare the works of the Lord.”
Pat: Foreign central banks allowed on China’s forex market
November 25, 2015
The first batch of overseas central banks and similar institutions have been allowed to enter China’s inter-bank foreign exchange market, China’s central bank said Wednesday.
Seven such institutions have completed registration with the China Foreign Exchange Trading System, which signal their official access into the Chinese market, the People’s Bank of China (PBOC) said on its website.
“This will contribute to greater openness of the Chinese foreign exchange market,” the PBOC said.
The institutions are the Hong Kong Monetary Authority, Reserve Bank of Australia, Hungarian National Bank, International Bank for Reconstruction and Development, International Development Association, World Bank Group Trust Funds, and GIC Private Limited.
This group covers three categories of institutions – foreign central banks (monetary authorities), international financial institutions and sovereign wealth funds.
Those institutions can directly participate in the inter-bank forex market as foreign members, use existing inter-bank forex market members as their agents, or entrust the PBOC as their agent.
They will be allowed to conduct renminbi and foreign exchange trading of one or more traded forex products, including spots, forwards, swaps and options.
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