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- umbrella man commented May 14, 2024
Yes you have to wait until after election
Powell: Don’t Think Likely Next Move Would Be a Rate Hike
- umbrella man commented May 1, 2024
Dude, are you new to the game? You like to lose money? I don’t think you can find anyone in this forum that would be more into longing UJ than me, but it’s not the time. The emperor is awake and mad at us. If you didn’t short UJ last week, you ...
Yen Surges 2% in Minutes With Traders Edgy on Intervention Risk
- umbrella man commented May 1, 2024
BOJ is getting smarter after each round of intervention. IMO this round is not limited to only one time intervention. They divided it into multiple interventions to scare the Yen shorts. I think we still see at least another one before long.
USD/JPY slammed lower
- umbrella man commented May 1, 2024
154 seems sticky. They have to increase the position size
USD/JPY slammed lower
- umbrella man commented Apr 29, 2024
When BOJ intervenes, they have to support it at least for a few weeks. I’m pretty sure they at least spent $50B last night. So it would be silly of them to just be done and let the Yen go down again quickly.
USD/JPY dips to 158 as the volatile swings continue
- umbrella man commented Apr 29, 2024
Nice oscillating around 155 and it’s gonna crash down even more.
USD/JPY dips to 158 as the volatile swings continue
- umbrella man commented Apr 29, 2024
The way UJ goes down(oscillating downward) it’s obvious it’s annihilating a lot of accounts.
USD/JPY dips to 158 as the volatile swings continue
- umbrella man commented Apr 29, 2024
It’s holiday in Japan. Just imagine UEDA in his PJ clicking in his VPN connected laptop to sell USD. lol
USD/JPY dips to 158 as the volatile swings continue
- umbrella man commented Apr 24, 2024
It shows the financial condition and monetary policy is not tight enough. Fed should hike the rate and dump securities and MBS off of their balance sheet.
Caitlin Clark WNBA’s newest star is expected to ink a $28 million Nike deal
- umbrella man commented Apr 14, 2024
It’s because the US strategic goals are not the same as Israel’s at this time. US is enjoying weakening Russia through supporting Ukraine. You think US gives a sh!t about Ukraine? Even if Russia occupies the entire Ukraine, US doesn’t care much. ...
Israel has said it's not seeking Iran escalation: US official
- umbrella man commented Apr 14, 2024
Would be interesting to see how Israel responds. I don’t buy it that Israel will not respond. It’s against their doctrine.
Israel has said it's not seeking Iran escalation: US official
- umbrella man commented Apr 12, 2024
Because Fed is so dumb, now we’re going high speed towards stagflation. So sad for middle class and lower middle class.
US consumer deteriorates in April
- umbrella man commented Apr 10, 2024
These morons at Fed thought naively that they can go through an inflationary period without going through a recession? Haha
Hot US Inflation Chops Down Cut Pricing
- umbrella man commented Apr 10, 2024
Depends on how they will insist on their politically poised agenda. They wanted to give a favor to Biden, but market teaching them a life lesson.
The Fed is determined not to reduce interest rates too soon, experts say — a mistake the central...
- umbrella man commented Mar 27, 2024
The fact that he mentioned rate hike is interesting. I feel they hike before they cut.
Fed's Waller: Case for hiking rates is very remote
- umbrella man commented Mar 21, 2024
if republicans were smart, they would bring him to house to explain why he’s talking about rate cut when market is so hot.
Summers Criticizes Fed for Having ‘Itchy Fingers’ on Rate Cuts
- umbrella man commented Mar 21, 2024
That’s how Powell stayed in his job under both republicans and Democrats. He is a puppet. On the bright side, it makes trading super easy. Buy equities with leverage as much as you can and dump right before Election Day.
Fed Readies for Rate Cuts: Back Toward Neutral, or Mid-Cycle Adjustment?