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- Momofrmnyc commented Mar 21, 2020
Expecting dollar to continue whipping other currencies this week.
US: New Jersey issues stay-at-home order for nearly 9M residents
- Momofrmnyc commented Mar 20, 2020
No doubt about it. The words ill-prepared come to mind at this current situation. We all know this will be a short corrective bounce and right back to the darkside.
Coordinated central bank action to further enhance the provision of U.S. dollar liquidity
- Momofrmnyc commented Mar 20, 2020
I feel even the swap liquidity is so miniscule. It's a little drop to try to slow down the inevitable in my eyes.
Coordinated central bank action to further enhance the provision of U.S. dollar liquidity
- Momofrmnyc commented Mar 18, 2020
Yeah USD is king I'm taking up positions to bolster my position and give me more strength in this. Got to ride this volatility and get these profits while we can.
AUDUSD declines 4.6% to 0.5510, weakest since 2002 -BBG
- Momofrmnyc commented Mar 18, 2020
I got this short and I still need it to go a bit more from 0.57 to 0.53 please and thank you.
AUDUSD declines 4.6% to 0.5510, weakest since 2002 -BBG
- Momofrmnyc commented Mar 18, 2020
We are at 1.46 my friend and counting.
BOC's Gov. Poloz will not be announcing any new measures or actions today
- Momofrmnyc commented Mar 18, 2020
If we all had this thinking there'd be a lot more profitable traders. I didn't know USD/CAD was going to keep appreciating but after a while the technical signals showed me that buying pressure just didn't show any signs of slowdown so I hopped on ...
BOC's Gov. Poloz will not be announcing any new measures or actions today
- Momofrmnyc commented Mar 18, 2020
What weakness have you seen on Monday USD/CAD was at 1.38051 when it opened. We are now at 1.45 literally at the middle of the week that's a 700 pip move. USD/CAD hasn't even been able to make a significant pullback at least among other pairs USD ...
BOC's Gov. Poloz will not be announcing any new measures or actions today
- Momofrmnyc commented Mar 18, 2020
Why would you sell? Did you see the buying pressure weaken yet? Literally if you follow the overall trend you'd be profiting until Timbuktu. No reversal is coming anytime soon my friend. Oil will touch $20 very soon and USD liquidity crunch will ...
BOC's Gov. Poloz will not be announcing any new measures or actions today
- Momofrmnyc commented Mar 18, 2020
Oh my we are at 1.45 and it didn't even take long. So now what do you have to say my friend?
BOC's Gov. Poloz will not be announcing any new measures or actions today
- Momofrmnyc commented Mar 18, 2020
Sounds very sensible to me. Not sure through all the muck Canada is facing how Ghass can see a positive trajectory at this current moment in my opinion especially against the dollar. Literally oil prices can still and will go lower in the short term ...
BOC's Gov. Poloz will not be announcing any new measures or actions today
- Momofrmnyc commented Mar 18, 2020
My account says I'm on the right side. I don't even like to have debates with you when it comes to price. Your usually wrong in most instances just looking at our past post together so whatever side your on I'll gladly stay on the opposite. Like I ...
BOC's Gov. Poloz will not be announcing any new measures or actions today
- Momofrmnyc commented Mar 18, 2020
Expect CAD to get further beaten down now in the short term.
We will be temporarily closing our Border with Canada to non-essential traffic
- Momofrmnyc commented Mar 18, 2020
Yes we will revisit this conversation when USD/CAD hits 1.45 and possibly 1.46. If you think CAD is about to get stronger against the USD at this current moment you can take the short. I'll stick with my long USD/CAD that I've had since 1.40 it's ...
BOC's Gov. Poloz will not be announcing any new measures or actions today
- Momofrmnyc commented Mar 18, 2020
They can want it but it's not going to happen anytime soon. USD is being pressed higher and oil is getting dismal. Only see an UPSIDE for $ in the short term throws.
BOC's Gov. Poloz will not be announcing any new measures or actions today
- Momofrmnyc commented Mar 17, 2020
Funny I agree with her. Nothing wrong with a cut but it would've been better had they stood in the 0.5-0.75 range. Anywho all to say USD demand will be screeching hot for the next few weeks I believe.
Mester: Statement Regarding My Dissenting Vote
- Momofrmnyc commented Mar 15, 2020
0-0.25% rates. Well hmph liquidity is back in its purest form.
Federal Reserve issues FOMC statement
- Momofrmnyc commented Mar 12, 2020
Fed intervention increasing further sheesh.....
Statement Regarding Treasury Reserve Management Purchases and Repurchase Operations
- Momofrmnyc commented Mar 12, 2020
That's exactly why the EUR is tanking against the USD. She seems not to understand the disconnect. I laughed when she said ECB is well equipped with the tools to mitigate any further escalation of a crisis. Anywho let's watch the EUR burn even ...
Lagarde: COVID-19 Has Been A Major Shock To Growth Prospects