Yeah I was completely wrong on Gold, very interesting to see this kind of price action, I am a strong believer on this that there is a massive manipulation on gold by big banks

Personal Income and Outlays, August 2023

I strongly expect for gold to finally rebound after being absolutely pummelled over the last 5 days, next big news is the 2:45pm and 3pm GMT+1

Personal Income and Outlays, August 2023

Yeah I took it to battle with them as I lost $4000 in 2 hours because I couldn't add stop losses to certain trades, ticks were not printing and overall slippage was insane on some pairs and specifically gold. I managed to get refunded for $2500 and ...

Euro To US Dollar: Could Be Set For Late-2023 Uptick Say Berenberg Analysts

I moved from ICMarkets, had constant connection issues with them over the last 3 months, service sucked.

Euro To US Dollar: Could Be Set For Late-2023 Uptick Say Berenberg Analysts

Oh absolutely the FED or any central bank has no say in two things Energy & food inflation which are the biggest factors. Oil is largerly controlled by a organised crime syndicate or as we know it OPEC+ and Gas is controlled by Russia and Asia, so ...

Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 2nd...

The price index and personal consumption plummeted, so if Oil wasn't at 90$ a barrel we would be in a good position. Oil prices will cause inflation to reappear, especially Natgas has still room to grow as winter is coming.

Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 2nd...

Welcome to the market.

US Consumer Confidence Fell Again in September

They believe foreign investment into stocks when currency is weak is beneficial... only to a level and those incompetent morons don't seem to get that. It's artificially pumping the stock market to bolster the economy and completely missing out that ...

Suzuki: Won't rule out any options against excessive FX moves; will take appropriate action...

I swear he must have those responses on auto send or saved on a recorder and just plays it every day, the market is calling bullshit on your scare tactics, you need to actually follow through with your statements

Suzuki: Won't rule out any options against excessive FX moves; will take appropriate action...

He's trying his best to artificially grow Japan by inflating stock prices to ATH, not realising that currency strength is just as important if not more important than the stock market, if your currency is too weak to compete, why should firms invest ...

BoJ’s Ueda: BoJ Won't Directly Target FX In Guiding Monetary Policy

Unfortunately 99% of population cannot grasp the fact that prices are going up but at a slower rate and when inflation increases more than wages that's when problems occur which is what is happening right now, looking at FED dot plot that was ...

Core Inflation Gauges Are Falling in US and Euro Zone

yen is going down to all time lows at this point, they should all be in jail for artificially pumping the stock market, literally worse than the fed at this point

Japan FinMin Suzuki: Closely Watching FX With Sense Of Urgency, Refuses To Rule Out Any...

You are a grade A incompetent moron if you honestly think that Forex is reflecting current economic fundamentals, its ALL SPECULATORY based on the data provided. YOU have CLEARLY outlined of keeping negative rates which for the currency it's a death ...

Japan's PM Kishida: It is important for forex to move stably, reflecting economic fundamentals

I call bullshit on these numbers, EVERY SINGLE month the number is revised higher just like NFP, just look at Philly manufacturing index, it plummeted again, that's a real sign of the economy. The fact that USD didn't really rally or do significant ...

US applications for jobless benefits fall to lowest level in nearly 8 months

I personally think they will let it go, there is only so much they can do to artificially hold that curve, I think in 2024 that curve will explode past 1% and we will see a big shift. People have no idea what's coming to them, and if they thought ...

Bank rate maintained at 5.25% - September 2023

With the peak rate falling for GBP, Peak rate pretty much reached for EUR (even if they raise by one more 25 BPS who cares at this point) Japan is left to make a decision, I think they will hold negative rates but will present hawkish stance, and ...

Bank rate maintained at 5.25% - September 2023

Agreed, I think Japan/Korea will bounce back the best as they are not funding the Ukrainians and not printing nowhere near as much money as EU or US. Ukraine is just a massive laundrette for money that needs to be recirculated from evading taxations ...

Consumer price inflation, UK: August 2023

Well apart from my comment, I thought people knew this, it's common sense haha! I take the internet for granted sometimes

Consumer price inflation, UK: August 2023

Unfortunately real life vs trading = never align, it's algorithms and banks that control the market overall and they trade 12 - 18 months ahead, for them all they will see is trend down in inflation and will slowly reposition themselves for 2024.

Consumer price inflation, UK: August 2023

Huge drop in inflation for GBP, still nowhere near US or EU as it's still the highest, but food prices are falling which is good, lets see what happens next month if the inflation stabilises, but that gives BOE a chance to pause

Consumer price inflation, UK: August 2023