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fxsport replied Oct 5, 2022Sorry Wolf but you're about 10 years too late on that claim - every 10 years or so people begin talking like that. Heck they even formed BRICS (Brazil, Russia, India, China and Saudia Arabia; just using memory here so may not be 100% accurate) to ...
Cable Update (GBPUSD)
- fxsport commented Oct 5, 2022
Yeah, yeah, yeah - its NOT about job growth, it's the wage increases that is the problem. Unsustainable. Please tell me why people are thinking that this is the "bottom"???? If wages continue to go up and.... Energy prices continue to go up and... ...
ADP Reports Better Than Expected Jump In Jobs In September, Wage Growth Accelerates
- fxsport commented Oct 5, 2022
People read that LAST tweet: FED'S DALY: IF FRIDAY'S DATA SHOWS THAT HIRING IS SLOWING, THAT WOULD BE WELCOME NEWS. She didn't say the FED would pivot. It will take 2 or 3 months of data before they decide to change course. Read what they say - it ...
Fed's Daly: Do not see rate cuts in 2023
- fxsport replied Oct 5, 2022
No this isn't.... If today were a falling knife I would describe it as a butter knife - soft rounded no teeth. In my mind, today is done ATR reached with no additional market moving reports Tomorrow is a full day of talking heads from all the CB's - ...
EURUSD only
- fxsport commented Oct 5, 2022
Here's MY reaction: image image Yeah baby! DXY climb to 112+ today
ADP National Employment Report: Private Sector Employment Increased by 208,000 Jobs in...
- fxsport replied Oct 5, 2022
Isn't that what prices do? Don't bother trying to make sense of these moves - just stand aside or profit. It may not make sense now but you CAN make money now!
EURUSD
- fxsport replied Oct 5, 2022
image He's late; coming from Northern Russia to come get some Euro's to eat...
Cable Update (GBPUSD)
- fxsport commented Oct 5, 2022
So lets recap shall we? What is the #1 driving force for inflation? Anyone....anyone.... ENERGY PRICES!!!!! So what do you think will be the effect of reducing 2 million barrels of oil a day will do to the supply/demand for ...
OPEC+ JMMC agrees oil output cuts of 2 mln bpd - sources
- fxsport commented Oct 5, 2022
Hey if I am wrong I will admit it. Long-term (on a yearly basis) yeah USD would go down. Short-term (until the end of 2022) don't bet against the USD Scalping (until the end of today) it can go either way but my sentiment is USD UP (pending the PMI)
ADP National Employment Report: Private Sector Employment Increased by 208,000 Jobs in...
- fxsport replied Oct 5, 2022
WOW, First time I've written this this year but, (in my honest opinion) 100% wrong! The FED has to KILL JOBS and KILL WAGE GROWTH and KILL HOUSING PRICES. Did you even READ what the wage growth was y/y? 7.8% annual pay increase???? WTF??? With an ...
EURUSD only
- fxsport commented Oct 5, 2022
1. When looking at EUR/USD what's most important is the USD part (look up DXY = dollar futures). 2. This is good employment numbers for USA. That means the FED will NOT pause and keep raising USD rates. There is no "pivot" that the talking heads all ...
ADP National Employment Report: Private Sector Employment Increased by 208,000 Jobs in...
- fxsport commented Oct 5, 2022
I'll bookmark this post and show it to you AFTER the FED raises rates to 4.5%.
ADP National Employment Report: Private Sector Employment Increased by 208,000 Jobs in...
- fxsport commented Oct 4, 2022
This is the most important piece of news today and it gets IGNORED!!! Well people let me inform some of you on what is happening here in Southern Florida - DEVISTATION & MASSIVE INFLATION TO COME. SW Florida is being overwhelmed with contracters and ...
Fed's Daly: inflation has not penetrated the psychology of Americans
- fxsport commented Oct 4, 2022
Dear United Nations: "We are not going to have a recession. Look at the USA; even though we've had 3 quarters of negative GDP I say we are NOT in a recession, just change your definition." Joe Biden's draft to the ...
‘We must change course’: UN warns that the world is on the brink of recession
- fxsport commented Oct 4, 2022
World recessions come and go - it's called the business cycle. This hasn't occurred for several decades so now people are shocked! That's what happens when central banks screw things up.
‘We must change course’: UN warns that the world is on the brink of recession
- fxsport replied Sep 28, 2022
There is one factor that I haven't seen mentioned on any of these boards that has the potential to move EU very rapidly - the looming USA budget deadline. This Friday night at midnight the US government needs to pass a bill to extend the USA credit ...
EURUSD only
- fxsport replied Sep 28, 2022
EU bulls? Really? You mean THESE bulls? image The EURO is toast and it is at the will of the USD - as of now.
EURUSD only