Thanks for the feedback, After listening Warren Buffet calling the CAP and Trade a Tax increase on CNBC yesterday, and the dems gunning for a vote tomorrow, oil breaking past $70.00, and the CAD showing a bearish trend..
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)
The GBPYEN.. What a ride today!!!
What are your thoughts for the next 24hrs? and other yen crosses?
JT
How do you see China's PMI moving the market into the Euro open/US open?
PMI was above 50 again for the fourth month in a row.
JT
Do you think the EUR/GBP is setting up for a retracement? a move back towards .87?
JT
With China once again calling for a new reserve currency.. Do you believe China crying wolf too many times?
The US savings rate is at 15 yr high and if Americans continue to save like this for an extended period of time, should be bullish for the dollar.
Bad news for China, the US will be importing much less from China... but their US debt holdings should be good..
Could China become a Train Wreck and not a savior if the US savings rate holds for a long period of time?
JT
Thanks for the feedback, After listening Warren Buffet calling the CAP and Trade a Tax increase on CNBC yesterday, and the dems gunning for a vote tomorrow, oil breaking past $70.00, and the CAD showing a bearish trend..
Ashraf,
1.1510 still the support.. level?
I am in at 1.1516
JT
How will the proposed CAP and Trade bill impact the currency market...
If passed or not passed
JT
I read you see cad support at 1.1510.. What is a good dip range to buy into for a target of 1.17+
CAD is trading in the 1.1580's right now..
Equities and Oil all have moved up on the Central Banks moves.. any additional thoughts..
Currencies seem quiet..
JT
Thanks!!! I will do a better job to keep up with all your observations.. .
Thoughts on the markets as we head into July 4th weekend next week..
JT
With oil slowly rising again.. Do you see CAD/USD breaking 1.17+ or moving towards 1.10?
JT
Was it all because the data out of Germany? Treasury Auctions?
JT