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- smash1820 commented Feb 16, 2017
This is a great article. Who cares about Wall Street anymore ... except for Wall Street?
- smash1820 commented Feb 15, 2017
keep it steady and all is good
- smash1820 commented Feb 15, 2017
Excellent response, AnniLi. I'm no expert on the matter, but a few quick questions, if I may: 1) What purpose does the dual mandate of the Fed serve? Doesn't it act in their own self-interests? Surely, the Feds must know that they are limited in ...
- smash1820 commented Feb 15, 2017
The only confusion should be why haven't the Feds yet reconsidered their dual mandate?
- smash1820 commented Feb 8, 2017
Sorry for that last post... I think I got caught up in the words (sorry, I've had a few!). Although I was not wrong, it seems it was a bit misleading. I meant to say that indeed, the Chinese Yuan is weak and you are correct in saying it is a waste ...
- smash1820 commented Feb 8, 2017
I don't know what chart you are looking at... but CNH remains weak and has been so since the beginning of this week. With the first target being 6.900. I am not sure what you are talking about? (note I do not live in China)
- smash1820 commented Feb 8, 2017
Trading is the name of the game, and the game for China is weak exports. You must consider the larger trend. That does not change. China will remain a net exporter and their currency will remain weak ... at least until Trump does something about it!
- smash1820 commented Feb 8, 2017
Keep in mind a lot of forex trading is just games.
- smash1820 commented Feb 8, 2017
yes this is true. facts speak for themselves. USD$ is strong and will remain strong for at least a week, the rest of thiis week, if not, the next several weeks. the fact is USD$ is strong right now and will remain so. every country in the world ...
- smash1820 commented Feb 8, 2017
China manipulates. But so does the US. The question is, who manipulates more?
- smash1820 commented Feb 8, 2017
Hey hey, no way! Just took a much needed break ...
- smash1820 commented Feb 8, 2017
Trumponics 101. The new China and Japan.
- smash1820 commented Feb 8, 2017
stymied, for all you golfers
- smash1820 commented Feb 8, 2017
don't underestimate GBP
- smash1820 commented Feb 8, 2017
Quote: "The point is that lowering protection of domestic businesses makes them more competitive in international trade - no matter whether international trade is fully free or not. A large country which increases protection of its domestic industry ...
- smash1820 commented Feb 7, 2017
the article is from bloomberg... lets keep that in mind
- smash1820 commented Nov 27, 2016
Correlations in general are overrated. The market will do what it wants.
- smash1820 commented Nov 23, 2016
Not going to happen. The best they can do is get it back to 109-110,
- smash1820 commented Nov 17, 2016
Yes, but it might not be until next week
- smash1820 commented Nov 8, 2016
Peso spiking, perhaps too early still, but I don't like the looks of it.