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fxsport commented Jan 25, 2023What freaking idiots the West is with THIS move! The USA "claims" to be worried about China stealing technology and NOW we are sending the most sophisticated US tanks (along with Germany) to the corrupt Ukraine - oh don't forget the BILLIONS already ...
Russian Embassy: The German decision to approve the delivery of Leopard tanks to Ukraine is...
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fxsport commented Jan 24, 2023USD is the KING of this pair - the EU is just along for the ride. Watch what happens when FED Powell raises 0.50% next week! BAM!
ECB may opt for 25-bp hike in March after 50-bp move in February
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fxsport commented Jan 24, 2023Here's the problem: The MARKETS don't believe you Mr. Powell. The BOND markets are calling the FED liars. Mr. Powell wants to keep rates above 5% for an extended period. Hey Jerome guess what? The BOND MARKETS think you are full of sh**; AND the ...
Powell may need to rein markets in at FOMC meeting
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fxsport commented Jan 24, 2023This is the beginning of the "Great US Recession of 23" Business slowdown with increasing costs....business attempt to pass along costs AGAIN....US Consumers say NOPE! Who wins? Well ask yourself this - the FED was planning on raising rates 4 weeks ...
Private sector contraction in the US continues into the new year, with renewed pick up in cost...
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fxsport replied Jan 24, 2023Pat I'm going to ask a silly question but if I don't ask I won't know will I? Based on your 4 hour chart: 1. Do you place a sell order around 123.40 or do you set an alarm to tell you when that hits? 2. When you expect a downturn (TP = 122.06) do ...
Cable Update (GBPUSD)
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fxsport commented Jan 20, 2023We are NOT in a good place in the USA. Food inflation is NOT peaking but will get worse, much worse in the next 6 months as companies try to pass along their costs AGAIN! People can and will stop buying the clothing/toys but food is an essential. ...
Fed's George: Economy is responding to work Fed is doing
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fxsport commented Jan 20, 2023The US Congress better raise that debt ceiling fast and HIGH - gonna be tough to make those interest payments at 5% vs. 0%!
Harker repeats he favors raising rates slightly above 5%
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fxsport commented Jan 19, 2023This proves that the FED's rising interest rates are NOT having enough of an effect on WAGES/JOBS. Here's the problem: 1. Covid Pandemic hit USA and many people ready to retire do so - EARLY 2. Not enough people want to return to work - causes ...
Unemployment Insurance Weekly Claims
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fxsport commented Jan 18, 2023Thank God this dude is not FED Chairman...
Fed's Bullard: In December projection expected end 2023 rate to be in the 5.25% -5.5% range -...
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fxsport commented Jan 17, 2023Talk about inflation! I wonder if FED Chairman Powell realizes this? Better hike an extra 0.25% to cover those Davos "business expenses"

$2,500-a-night prostitute reveals how business rockets at this week's Davos summit
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fxsport commented Jan 17, 2023Funny how this report doesn't take into account the HUGE BLIZZARD that shut down the city for a week. Think MAYBE that had something to do with the HUGE discrepancy? NOPE, don't think, just sell USD....

Empire State Manufacturing Survey
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fxsport replied Jan 12, 2023Curious - When you short those 10 lots how much are you making in interest a day?
EURUSD only
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fxsport replied Jan 12, 20231.0800? Possibly 0.0800? NO! Unless you believe in the multi-verse... image
EURUSD only
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fxsport commented Jan 11, 2023IF true this will cause USD to fall.
Fed's Collins backs slowdown as support mounts for smaller rate move - NYT
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fxsport commented Jan 10, 2023Let me help you - the ECB matters not; what drives EURUSD is the DXY. Don't focus on EU
Powell: Panel on "Central Bank Independence and the Mandate—Evolving Views"
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fxsport commented Jan 10, 2023@Bakker, the "average" trader wouldn't be aware of the discrepancy between the bond market and the dot plot. An above average trader yes, average no.
The USD opportunity to be aware of
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fxsport replied Jan 10, 2023I HOPE there's a Q&A where Powell can be Blunt and say, "We are not going to cut rates in 2023. PERIOD" But he won't say that...
EURUSD only
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fxsport commented Jan 10, 2023Just because something is TRUE - doesn't mean it is RIGHT! FED is TECHNICALLY independent - REALITY....thats a different beast.
Powell: Panel on "Central Bank Independence and the Mandate—Evolving Views"
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fxsport replied Jan 10, 2023I Gambled WRONG!!!! Stopped out for 30 pip loss
Placed a Sell order at 1.0728 - just in case...EURUSD only