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BaseTrade commented Jan 17, 2017The current few weeks of USD weakness might be noise rather than a structural shift.
Dollar Drops on Trump Comments as May Boosts Pound: Markets Wrap
- BaseTrade commented Jan 16, 2017
Yes, USD/JPY will go down, since hard Brexit will introduce unknown risk to the market. The JPY is a safe heaven currency for risk.
Theresa May to say UK is 'prepared to accept hard Brexit'
- BaseTrade commented Jan 14, 2017
Maybe they were making too big of a bet on the market going down... it turns out to be wrong... at least for now.
Cohen's Fund Returned a Measly 1% Last Year
- BaseTrade commented Jan 13, 2017
The Peso currently is being oversold vs the USD... just by Trump talking bad about Mexico. Watching closely what Trump does and not what he says when he takes the office.
Some Peso Traders Want Mexico to Buy Twitter and Shut It Down
- BaseTrade commented Jan 13, 2017
It's crazy that this Ponzi scheme ran for such a long period of time without being exposed. People invested in this might have been too greedy... believing in such incredible returns.
In prison for a massive Ponzi scheme, Bernie Madoff is cornering the market on Swiss Miss hot...
- BaseTrade replied Jan 12, 2017
USD/JPY is forming a base at the current level at 114.50... hopefully this zone will hold up any further decline.
USD/JPY Discussion
- BaseTrade commented Jan 12, 2017
He probably was shorting the USD.
George Soros reportedly lost around $1 billion after Trump's election
- BaseTrade replied Jan 7, 2017
With the strong USD momentum, EUR/USD may go down to the 1.0480 area next week... and possibly the 1.0400 level.
EURUSD
- BaseTrade replied Jan 6, 2017
USD/JPY has bullish momentum due to surprise higher than expected wage inflation in Dec NFP report... hope it can stay above 117 and maybe break 118 next week.
USD/JPY Discussion