How influential is this Yellen

[Habib]

of FED whose quote (probably taken out of context) was taken as an excuse to batter USD today?
EUR longs (USD shorts to be more precise) must be getting pretty frustrated desperate as a rumor about "smoke coming out of a US nuclear plant" was also spread as was "two-yard" EUR buys by a big US name.
Oh my! What means they resort to!

[Habib]

that this rally was fake was that they started it in late NY hours Thursday when all major players had gone home (even had hit the beds probably). They were counting on a shocker in the form of the International trade deficit but not getting that they instead emphasized on the decline in the normally-not-so-significant PPI. Rumors were used as an added weaponary. Looks like it was a bunch of some over-enthusiastic yuppies who thought they could control this mammoth machine with coordinated actions felt no shame in gambling away their employing banks' money.

[Speculator]

What can I say...!?!
I just want to know who are those few large US names model funds that often emerge at the most volatile times of news release buying yards of this or that just to get it their way.
Haven’t they ever heard that experienced traders always buy when market’s calm?
It’s also worth to mention that the “Large Name” started buying 10-15min before the news release... thus with full consciousness that whatever the news they could move the market their way. Wasn’t there a talk about FX liquidity? Could someone refresh my memory...?

Mr.BankTrader here’s how you could eventually be most useful – just give us a sign every time you see those few Large Names turning on their platforms... We will be grateful...

Perhaps the main advantage of trading the real thing on platforms like EBS is... You see those names appear... you simply get out of there or trade their direction...?!? For us retail traders... brokers recommend - simply staying out or being ready to jump out of the pockets...!!! As the new famous TV star Donald Trump says “ Be afraid be very afraid…”

[Gamma_Jammer]

Speculator

You're right to a certain extent in saying that EBS etc lets you see the names (after you've traded of course) can therefore tell if Goldies M Stanley etc are all buying Euros for example. Unfortunately one problem of this is that as more more of the small / medium sized shops are squeezed out of business by these banks own platforms narrowing spreads increasingly these big players are the ONLY banks doing size on EBS Reuters ( in the voice brokers there's a sort of two tier system nowadays but I'm not going to go into that here).

So a dealer who sells Eur/Usd sees Stanley Goldies on the bid decides to turn their position buy with them is then likely to see say Barclays Citi on the other side of THIS trade. Where do you go then? Stick to the charts man then at least you have a chance of being on the same side of the hedge funds smart prop players.

GJ