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jordanvic commented Apr 23, 2024Probably because their inflation has come down a lot from its peak. There's nothing wrong with cutting some rates to see what happens. If inflation goes back up then they can just re-hike rates.
BOE's Pill: Combination of little news and the passage of time have brought a bank rate cut...
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jordanvic replied Apr 23, 2024anyone looking at Eur/JPY? it looks like a quiet period before an explosive move
Cable Update (GBPUSD)
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jordanvic replied Apr 22, 2024The Asians did their job but the Europeans came back for dollars again.
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jordanvic replied Apr 19, 2024yeah its a strange one. wasn't expecting a sharp move at all.
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jordanvic replied Apr 19, 2024Damn it i knew i should have moved my pending order up to 1.24. Now i got FOMO
Cable Update (GBPUSD)
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jordanvic commented Apr 18, 2024Awesome. Now to buy the dip.
State TV: Iran's Nuclear Facilities Unharmed
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jordanvic replied Apr 15, 2024Im glad i manage to exit yesterday at breakeven. Sometimes I'm grateful for having weak hands. SOMETIMES.
Cable Update (GBPUSD)
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jordanvic replied Apr 15, 2024Thats true but its worth a shot if it reaches 155.5. Small loss for a potential big payday.
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jordanvic replied Apr 15, 2024dont intervene yet BOJ. im waiting at 155.5 for some nice number entry
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jordanvic replied Apr 15, 2024If i was them i would let UJ break 155, get all those massive shorts up there trapped on that breakout trade and then BOOM intervention. Image the carnage that would create for FX speculators that they so very hate.
Cable Update (GBPUSD)
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jordanvic replied Apr 15, 2024That sweet sweet GU reversal. don't be a fake one
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jordanvic replied Apr 12, 2024Thats true. CPI at near 4% would be sweet sweet music
Cable Update (GBPUSD)