- Search Crypto Craft
-
PoseidonFX commented Jun 8, 2014This data is just one piece of a larger picture and has a significant degree of randomness built into its release; however, the number was a significant beat of the forecast. All things being equal, export and other economic growth in China, one of ...
China May Exports Rise More Than Estimated as Imports Decline
- PoseidonFX commented Jun 7, 2014
"Revolving credit, which mostly measures credit-card use, jumped by $8.8 billion. Americans had not added that much revolving debt in any one month since November 2007." Ah, America!
U.S. consumer credit surges on increased credit card use
- PoseidonFX commented Jun 7, 2014
Euro is looking very weak on the chart, and the monetary policy of EU and US is diverging. For this reason, it seems more likely that EURUSD will resume the recent decline than for this move to be corrective.
Currency Positioning and Technical Outlook: As you Were
- PoseidonFX commented Jun 1, 2014
It's interesting to see the mix of grim data, but with wages and company profits picking up.
Australia Business Indicators
- PoseidonFX commented Jun 1, 2014
Risk assets are starting to get hit hard! FX may end up leading the stock market in this regard.
Australia Building Approvals
- PoseidonFX commented Jun 1, 2014
May be best to sell CNY on rallies. The trend isn't over. Also, the data is mixed: url
China Manufacturing Gauge Rises to Five-Month High
- PoseidonFX commented May 31, 2014
It's been looking like the fundamentals are starting to catch up with the price.
Sold Rumor; Buy ECB Fact?
- PoseidonFX commented Mar 1, 2014
Wow! This kind of news, coming right at the breaking point of that Monthly trendline, is going to continue creating some serious volatility.
Near-Bankrupt Rome Bailed Out As Italy Unemployment Rises To All Time High