|Lets face it whatever happens in greece euros will still circulate as a defacto currency even after grexit or even after whatever the government issues as an alternative.Euro is looking for a bottom and a bit of stability,low euro is very good for the euro ecconomies,most of which are now starting to do well as a result.I am in spain at the moment and have not seen it this upbeat for years!
Greece is the worddd !!!! Well we got the catalyst for a break of 1.5600 as the central banks and governments start putting up the sandbags,very tricky with all this talk of intervention,still generally bearish and GBP is over extended already but won"t take position this late on a friday especially this one!!!
Yeh right a good run but now three failures to break 1.5600,not good and unless there is a fundamental catalyst to push it through think cable is going down to test 1.5400 in coming week,if there is more bad news and that fails to support we are looking at 1.5315/30 area to support.
If it can break 1.5420/24 area and convincingly stay above could head to 1.550 for a test but greek elections crucial,if fails to break upward will go back down to its last support point at 1.5260. Gold has broken 1,600,right now all currencies are weak,only gold is strong in the medium term,dollar is a poor excuse for a safe haven even with the prospect of energy self sufficentcy on the distant horizon.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Latest Hot-Chart - Apr 09
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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