do you see GBPUSD weakening now ? interesting how the markets rally but the GBPUSD is now below 165 and looks more like heading to 164. Now Chinese banks are offering uk loans maybe things won't be so bad.
GBPUSD yet again drops back on rallying markets , this has to be bad for pound, im not sure how the markets are figuring this ie more problems for uk economy and less for USA, Obama health reforms meeting resistance too which i gues the dollar is liking and exit plans for QE and ford makes money too! things are starting to look so rosy for the USA all of a sudden, amazing what difference a week makes!
also, didn't these banks reporting big profits also have their rules changed a few months back on how they have to report their derivatives? no wonder we have a new 'head' forming the gov. interfered and changed the rules... 'again' . Another worrying thing i read the other day was Japans lost decade where gov. building projects had no effect on the economy, but atleast 10 years on the japanese have a LOT of very nice bridges!
cougr, exactly my point that i can't see any technical or psychological barrier in the way after 950 is breached to goto 1000, this would be the best thing to happen as the sell off will be huge, when has a psychological level so stretched ever not been tested several times before a breach, just my thoughts...as always wishful thinking on my part more like it ;(
Ashraf that video i watched twice to get my head around it, 'ping raiders' skimming the pips, looking at the S&P chart knowing that summer volumes are low and sentiment is hung we often find a drift up in stocks, could this be a new TA indicator being born here, isn't this 'false liquidity' going to produce high volatility especially to longs caught short ? i admit i just don't know enough about this.
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؟
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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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Now Chinese banks are offering uk loans maybe things won't be so bad.
because im so used to losing money with it now i don't want to change.