Ashraf, If you have time, could you post a few of your thoughts on why the fx is SO in step with the major US indexes these days on very short time frames? One current example: The one minute GBPUSD and one minute YM are virtually indistinguishable.
My question remains the same as it was 6 weeks ago. I simply do not understand the EUR's strength. It's not an overwhelming bias or desire for its weakness. At this point I wish it were that simple. I have for weeks tried to come to some understanding and haven't - yet :)
"yen game remains intact in response with equities." Thanks. Ashraf, I got that part... but as I have been posting I just don't understand the EUR strength - at least not enough to 'pour some fire on the gas' and short some more :) Also re the yen game, couldn't the equities 'delude' themselves higher for another 6 mos Have a great weekend.
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)
If you have time, could you post a few of your thoughts on why the fx is SO in step with the major US indexes these days on very short time frames?
One current example: The one minute GBPUSD and one minute YM are virtually indistinguishable.
Many thanks and hope you and yours are doing well
Do you find any reasons at all to be bearish the EURO?
Thx.
I simply do not understand the EUR's strength.
It's not an overwhelming bias or desire for its weakness.
At this point I wish it were that simple.
I have for weeks tried to come to some understanding and haven't - yet :)
Also re the yen game, couldn't the equities 'delude' themselves higher for another 6 mos
Have a great weekend.
re "Look for 129.60 and 129.20" - So you don't see EURJPY going below May 17 low (~127.00)?
What risks, in general, then do you see in holding long Yen pretty much across the board? Many thanks.
Tim