Kudlow: We have ruled out currency intervention

The problem is no one ever thought about currency intervention. Otherwise, E/U would have been already 1.15-1.20. Everyone knows the US can control the USD on its own, even if others oppose.

This news is more like SL hunt.

if they cut on 2.00 we will see biturbo booster up on eur/usd

Finally some GOOD echo, compared to my posts...
https://www.metalsmine.com/showthread.php?p=12323392#post12323392

it's interesting, trump doesn't weaker USD!!! what do you mean man?!! USD is now 97.70 , how weak it is! don't let it go down more please!

I thing .25% rate cute is certain 31jul, there is some discussion it must be .25 or .50

Just accept the fact US economy is definitely smashing

It's so boring every evening usd any news publish
Up usd

Rate cut no problem usd is Twitter any one up usd

Gbp is rubish

lets make Yen below 100

The US Fed intervenes massively in the USD market and even more massively since the US inspired global financial crisis of 2008. It was necessary to resort to unconventional tools once the crisis started - as part of a series of policies to deal with the crisis. Since a currency is nothing more that a country's cash it is natural and expected that a Central Bank will intervene in the Cash market. This is not difficult to understand. It seems though that many countries including the USA are finding it very difficult to get back to using conventional tools only (such as short term official interest rate). It is clear that the US and global financial systems are far from normal yet and the pace of progress has been slowed by trade threats, Brexit paralysis, sanctions, tariffs and so on. This is a worry to me and should be to all - that before we have fully dealt to one crisis, a new one may be on the horizon as the Super powers battle for supremacy instead of working together with other powers as well.

No rate cut, maybe! This also means the door for parity is open!

DX must be very high. It must have enough strength to suffer the first rate cut next week after 10 years.