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el_duende commented Sep 7, 2016Treasury worried we running out of tools to effect policy. Kristin Forbes (MPC member against rate cut) says we still have some tools to affect policy. Carney agrees we have plenty of tools to affect policy and not to worry. There are 4 tools ...
Bank of England August 2016 Inflation Report
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el_duende commented Sep 7, 2016Carney: Not ruling out further QE and a further rate cut at the end of the year depending on economy. Corporate bond purchases however are seen as more effective and preferential.
Bank of England August 2016 Inflation Report
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el_duende commented Sep 7, 2016Treasury accuse BOE that only the rich have benefitted from the rate cut. 95% of the population are worse off. This due to asset prices increasing despite lower mortgage rates. Treasury believe average household spending has been reduced.
Bank of England August 2016 Inflation Report
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el_duende commented Sep 7, 2016Upcoming France and Germany elections are going to be incredibly unpredictable, concern the statuos quo will be broken. In France they expect current government to fall. High risks for Euro in coming future. Suggest long term EUR/GBP short.
Bank of England August 2016 Inflation Report
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el_duende commented Sep 7, 2016Carney cannot guarantee there will not be a recession in the UK or negative growth. But he believes the BOE actions have reduced the risk of this happening.
Bank of England August 2016 Inflation Report
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el_duende commented Sep 7, 2016Monetry stimulous is working as expected by BOE. Suggests no further need to cut rates or buy further assets. BOE believe there is no problems with money flow or access to credit. Treasury committee concerned rate cut is only helping banks make more ...
Bank of England August 2016 Inflation Report
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el_duende commented Sep 7, 2016BOE have no powers to enforce banks to reduce their lending rates if there is a basis point reduction.
Bank of England August 2016 Inflation Report
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el_duende commented Sep 7, 2016Fascinating stuff. Carney just been accused of holding a gun to the new chancellors head.

Bank of England August 2016 Inflation Report
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el_duende replied Sep 7, 2016Anyonew watching live? Carney and the team are getting a proper grilling
He has just been accused of holding a gun to the new chancellors head.Cable Update (GBPUSD)
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el_duende replied Sep 5, 2016I agree with your trade assessment, I am also open short with 2 trades at 1.3370 and 1.3340.
Target is 1.3235 (weekly pivot)Cable Update (GBPUSD)
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el_duende replied Sep 2, 2016So terrible dollar news caused a muted spike but currently 2 hour after the event dollar is making gains against every currency except the GBP. Is money flowing into $ again?
Cable Update (GBPUSD)
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el_duende replied Sep 2, 2016.. Would be a 1000 pips from the bottom. Im just tempted to have a short there

Dragon Riders GBP/JPY
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el_duende replied Sep 2, 2016In the runup we are seeing $ being sold. Is that because people know it bad news in advance? Or big boys forcing price higher to get better position? hmm: )
Cable Update (GBPUSD)
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el_duende replied Sep 2, 2016Indeed wages are the number im looking for. We know US has near full employment what we need to know are wages rising.
Cable Update (GBPUSD)
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el_duende replied Sep 2, 2016Better than expected number but the industry is still contracting. So its a good and bad news

Dragon Riders GBP/JPY
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el_duende replied Sep 1, 20161) Clear all your internet cache and cookies is first thing to do. 2) Reboot if needed. 3) Run malware and AV scans.
Cable Update (GBPUSD)