GAY MOUNTAIN ? I notice Al gets a bit nervous about EUR....Draghi magic.... I have another idea....EUR continues to be the weakest of all majors, relatively. A good explanation is ECB is out of liquidity... because of LTRO payback, he he. In a fiat money system the value of a currency approximates zero when all debt is payed off. In a fiat money system the value of a currency approximates zero when there is no liquidity to pay off debt. So we know there must be an optimum. If anyone feels the need to make a donation...I take dollar and pound cash.
But don't get me wrong. I am long since this morning in EUR cross...I have an interbank trade based strength meter... I am only very prudent on Don Draghi's tricks
EUR was the weakest and JPY the strongest currency today. Now NY close the difference gets even higher. GBP profited from Richard III ( a better idea anyone?) and ooops so many analyst's were stopped out....I became suspicious when GS turned - officially possibly not internally - EU long. USDx chart seems to rise from a bottom. Thus it can get worse for EURUSD. I am still short except EURJPY that short trade is closed.
A skeleton found in a Leicester car park has been identified “beyond reasonable doubt” as the remains of Richard III, ending a centuries-old mystery of where he was buried.
That makes Britons so admirably their british humor.
The late King's car was also spotted, a 1480 vintage Rolls Royce Silver Plantagenet Convertible. In mint condition. Except that the gas tank was emptied. Marty Feldman was the greastes comedian of all. "Every Home Should Have One"
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 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(11 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(11 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 (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 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(11 months ago)
I notice Al gets a bit nervous about EUR....Draghi magic....
I have another idea....EUR continues to be the weakest of all majors, relatively. A good explanation is ECB is out of liquidity... because of LTRO payback, he he. In a fiat money system the value of a currency approximates zero when all debt is payed off. In a fiat money system the value of a currency approximates zero when there is no liquidity to pay off debt.
So we know there must be an optimum.
If anyone feels the need to make a donation...I take dollar and pound cash.
I am only very prudent on Don Draghi's tricks
ECB balance ,assets and all those key figures
WHERE is LTRO PAYBACK????
NOT THERE!
A skeleton found in a Leicester car park has been identified “beyond reasonable doubt” as the remains of Richard III, ending a centuries-old mystery of where he was buried.
That makes Britons so admirably their british humor.
The late King's car was also spotted, a 1480 vintage Rolls Royce
Silver Plantagenet Convertible. In mint condition. Except that the gas tank was emptied.
Marty Feldman was the greastes comedian of all.
"Every Home Should Have One"
"miracle" .