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fxsport commented Jul 28, 2022So NOW you're data dependent...Where have I heard THAT before?
ECB's Visco: we are in situation where we can react to data
- fxsport commented Jul 28, 2022
The "new R word" It's an "economic reset" - nothing to see here, move along the reset will be fine....
Gross Domestic Product, Second Quarter 2022 (Advance Estimate)
- fxsport replied Jul 28, 2022
"Technically it is a recession" - economists "Well its a transitory period, not a recession silly" - Janet Yellen Pump & Dump
EURUSD only
- fxsport replied Jul 28, 2022
So what will be the cause for the move? GDP and unemployement in 45 minutes. In my reasoning the jump yesterday was due to the language that Powell used - data dependent. Most people interpreted this as a "slow down" in raising interest rates; no ...
EURUSD only
- fxsport replied Jul 27, 2022
EUR/USD = 1.1036 6 minutes to go...Predictions for EOD people? Myself 1.0050
EURUSD only
- fxsport commented Jul 27, 2022
image Didn't we already see this movie?
Putin’s new gas squeeze condemns Europe to recession and a hard winter of rationing
- fxsport replied Jul 27, 2022
PSA (Public Service Announcement) - Mainly for newer Forex traders: (Dear Atta please block if you feel this is distracting) Remember that during MAJOR EVENTS (FED MEETINGS, NFP, CPI, etc.) the market makers are going to widen their spreads ...
EURUSD only
- fxsport commented Jul 27, 2022
For the sake of humanity I hope you are wrong. WHY? Game over Putin can only happen in 1 of 2 ways: 1. He gets taken out (I'll leave that to your imagination) 2. He nukes his enemies and this is end of everyone. Best case scenario (#1) or a long ...
Putin’s new gas squeeze condemns Europe to recession and a hard winter of rationing
- fxsport replied Jul 27, 2022
It's really just a "rubber eclipse" like a bounce house
image EURUSD only
- fxsport replied Jul 27, 2022
We all know that the FED is raising rates today by 0.75%, not 1.0% so that's a mute point. The entire crux depends upon the wording of the FED. If they say there will be a 0.5% increase at their next meeting at which time they will "observe" the ...
EURUSD only
- fxsport replied Jul 27, 2022
Curious... I agree with 1.0077 (I actually think it goes lower than that) but could you please explain/chart where you get that 1.08 goal from? We haven't seen that level since early June.
EURUSD only
- fxsport replied Jul 25, 2022
Thanks for that - pretty cool
There are some banks who OBVIOUSLY got it wrong - big time!Cable Update (GBPUSD)
- fxsport commented Jul 24, 2022
In all fairness to Ms. Yellen she really doesn't see inflation. She has no car and therefore uses no gas - she has a chaufeur. Her meals are provided at the White House and frankly what does she buy? If she owns a home and isn't looking to purchase ...
US Treasury Secretary Yellen: I'm not seeing evidence of a US recession now