Expect a ssteady grind higher in Aussie here in Sydney, early-Tokyo session. Aussie lower than Sydney has seen it in quite a while, and Sysney was closed yesterday do to holiday.
Chaos ensues in all usd pairs EXCEPT the Cartel-backed GBP, which is back to curing cancer and solving the world economic crisis all by itself. USD rallying against everything except of jpy, and of course that bastion of safety gbp.
The Goldman-backed Cable Cartel sure fled the offering of eur/gbp upon release of the sanguine UK 4Q GDP. Wonder how much of cable they were able to dump. If not all, expect another offering of eur/gbp by the cartel to ensure full liquidation of sterling at more advantageous pricing.
BTW, expert analysis by Ashraf on the running of weak long/short stops by the Cartel. This is what must have happened to our good buddy Big Dick Pablo-stopped out.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year 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(1 year 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(1 year 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 (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year 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(1 year ago)
When will we hear from Big Richard again?
Of course, when risk is on, then cable becomes the most stalwart "high-yielder".
eur/gbp blitzed for 3 pips so far today.
Tough one for Big Pablo.
BTW, expert analysis by Ashraf on the running of weak long/short stops by the Cartel. This is what must have happened to our good buddy Big Dick Pablo-stopped out.