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- C7harry commented Sep 22, 2020
Banks in aussies been calling their clients offering the switching from 4% mortgage to 2.39% fixed for 3 years... Sounds like aussies banks anticipating the cutting of rates
Debelle: The Australian Economy and Monetary Policy
- C7harry commented Sep 21, 2020
What's the point of fed printing money if it doesn't let banks pumping it in circulation (decreasing lending capacity)?
Two Fed Narratives
- C7harry commented Sep 21, 2020
Chinese presence in US is to take over, not to be taken over.
China: No Comment On WeChat, TikTok, Urges No Discrimination For Its Firms In US
- C7harry commented Sep 18, 2020
Suuport : 105 Resistance : 110
Aso: Monetary Easing Has Helped Stabilize The US Dollar At 105-110 Yen Range
- C7harry commented Aug 26, 2020
First time i heard qe is deflationary. Please give me some enlightment
Why the AUD is going to USD 0.80
- C7harry commented Aug 26, 2020
I thought the fed pumps money to move real economy so people can get jobs. Now only people watching candlesticks get more money (where they spend it to keep candlestick green instead of pouring into real economy).
What’s Driving the Market’s All-Time Highs?
- C7harry commented Aug 26, 2020
more like real economy doesn't move so people left with few options on what to do with excess fund. more and more people are jobless now.
Australia to Sell A$21 Billion of Bonds, Smashing Record
- C7harry commented Aug 26, 2020
it just confusing that many people are struggling hard to live yet the index is at all time high. where do the stock holders sell their stocks to if the bottom of pyramid is hollow?
What’s Driving the Market’s All-Time Highs?
- C7harry commented Aug 18, 2020
make sense, who wants to reserve in something that keeps on losing value.
The war against the US dollar is heating up
- C7harry commented Jul 29, 2020
The fed should read this...
Powell: There will be a need for more fiscal support
- C7harry commented Jul 29, 2020
The speed of printing money (especially digitally printing it), is way much faster than time needed to grow a crop. It may lead to situation where there is money but no good to buy because money is ample while good is scarce. No wonder dollar losing ...
US Dollar Extends Lower on FOMC, Are Investors Worried about GDP?
- C7harry commented Jul 27, 2020
The fed keeps printing us$ with no backup behind its currency, soon they may have more us$ than goods available to buy. It is inflation. Soon people have more money than goods available to buy. I think the backup available is the stock price, which ...
U.S. dollar is way oversold, says trader
- C7harry commented Jul 23, 2020
AUS$ holders are given interest, so more people prefer to hold AUS$ while holders of US$ are not given any interest, so logically people will buy currency that gives them return which keep the currency up because of demand. With this measure I think ...
Australian unemployment will soar to 9.25%, the government forecasts, as the country grapples...
- C7harry commented Jul 22, 2020
Maybe because rmb is about to take over, so the usd is being dumped by people?
US Dollar Drops to Huge Level: Risk of Breakdown if Support Fails
- C7harry commented Jul 22, 2020
i think so. because by printing money without backing up of underlying value the money, meaning money no value. like empty promises
The RBA has directed the Australian government to spend its way out of the crisis, but warns...