- Search Crypto Craft
- Blessed-man commented Mar 3, 2020
Cutting Zero is not mathematically possible. Just say you are going into negative territory. I think there should be new school of economics, what we learn in the past are no more in practice, then it is not expected to just print money, but now we ...
ECB's Holzmann: Would Not Currently Support An Interest Rate Cut
- Blessed-man commented Mar 2, 2020
"A fall in GDP in two consecutive quarters typically defines a recession" This guy just redefined recession to suit his article, I thought Recession is 2 consecutive quarters in negative territory and not just a fall. So if Q1 is 1.8% and Q2 comes ...
Virus recession? Top economist Ed Hyman sees zero US growth the next two quarters
- Blessed-man commented Feb 26, 2020
But it is not airborne (at least based on previous explanations). How could it have gotten it.
U.S. Identifies First Coronavirus Case Without Ties to Outbreak
- Blessed-man commented Feb 26, 2020
[quote=MisterSpread;12775595] Im bearish since mid January when the weekly Fibo 23.6 was not validated on the upside, now the 0.0 mark was broken and confirmed around 15-16.02.2020 so it opened up the floor for the December 2018 low at 0,63700. ...
AUD/USD hits fresh multi-year lows, around 0.6570 region
- Blessed-man commented Feb 21, 2020
The past 4 months have been reported lower than actual and revised higher the next month. Sometimes data could be reported to achieve an objective, can't recollect the exact reaction now to the lower figures, but getting the report right first time ...
Fastest UK manufacturing output growth since April 2019, but supply chain disruptions rapidly...
- Blessed-man commented Feb 20, 2020
The lesson from the movement of Yen pairs clearly shows that indicators are just statistical. I will be watching for RSI of 99, we saw 95 yesterday and it has moved another 100 pips (USDJPY) Great lesson for good money management
February 2020 Manufacturing Business Outlook Survey
- Blessed-man commented Feb 19, 2020
That looks like a new high. I have seen 91/92, but a 95 is damn high. That is why we are advised to see RSI as just an indicator (like a time piece) not a signal.
Minutes of the Federal Open Market Committee
- Blessed-man commented Feb 17, 2020
This is a major reason for people to start clamouring for digital currencies that will enable contactless transactions. Could be a major boost, imagine having to destroy millions of fiat currencies because of virus that has not even been stopped ...
China will start destroying cash collected in areas with high exposure to the coronavirus
- Blessed-man commented Feb 5, 2020
Irony of forex, just some tweet and hundred of pips across some pairs (related to GBP), to those at the right side of the movement, good and some other it is BS.
EU takes aim at city of London with post-Brexit MiFID rewrite
- Blessed-man commented Jan 29, 2020
The ideal should be to hold and wait for Brexit effects and assess the situation and use the rate ammunition. Cutting now reduce the possible palliative options if Brexit brings worse than expected outcomes. Anyway, they have made their decision ...
Will the Bank of England cut interest rates?
- Blessed-man commented Jan 20, 2020
If it drops based on calendar and it is that predictable, there will be a lot of FX millionaires every year. FX does not move by calendar only, a lot of several factors though a lot of them predetermined. If the big banks wants EUR at 1.0890 by end ...
EURUSD drops below 200-day SMA; focus on supportive trendline
- Blessed-man commented Jan 13, 2020
The risk issues are always manufactured somehow. China trade war getting resolved, Iran likely war brewing. But with USDJPY making new high, it may look that the risk is not high, but you could be surprised that the bigger boys may be aiming for a ...
US tensions with Iran could overshadow Washington's trade fight with China
- Blessed-man commented Jan 10, 2020
This result being displayed was not when there was fire
Australian retail: back in black?
- Blessed-man commented Jan 2, 2020
Why is AUD that has a rate of 0.75% and NZD with a rate of 1% classified as high yield currencies. The days they were high yielding was when their interest rates were high.
Hints of a USD retracement rally amid a cautious New Year trading
- Blessed-man commented Dec 31, 2019
Estimates are most times used to further the direction of intended moves. Previous 125.5, Actual 126.5 (better than previous), but Estimate is 128.5 If we are in a USD mode, they would have adjusted Estimate to be 124.5 so that actual will continue ...
The Conference Board Consumer Confidence Index Dipped in December
- Blessed-man commented Dec 30, 2019
What if they now have the lower US$ they have always wanted, temporary devaluation without shooting a gun. You may be surprised that the likes of NZD could come out shouting since NzD have gain 500pips the last 10weeks against Usd and almost ...
Now Is a Good Time to Buy the Yen Versus US Dollar, History Shows
- Blessed-man commented Dec 23, 2019
Election took it from 1.3050 to 1.3513 Now it is sub 1.3 (1.2975 right now), Gains are long wiped off, not unwinding as implied
Sterling Continues to Unwind Election Gains
- Blessed-man commented Dec 20, 2019
In life some people need a push, deadline to start working well, if 3 years with several dates couldn't cut it for them, they need another method, otherwise it will never be done or achieved
UK PM Johnson: Brexit Bill Contains No Possibility Of Extension
- Blessed-man commented Dec 20, 2019
A good deal will be symbiotic and vice versa. Someone need to steer the ship,bit has been directionless for a long time. It is deal or no deal (and it goes both way), so also will be the benefits or consequences. If we divorce in a friendly way, we ...
UK PM Johnson: Brexit Bill Contains No Possibility Of Extension