- Search Crypto Craft
- Momofrmnyc commented Aug 28, 2019
Fair how long can anything sustain itself before it hits a wall. It has to happen eventually and like you said it will happen to itself way before any type of Fed intervention (due to global economy being weak itself). It's definitely interesting ...
Our Federal Reserve cannot “mentally” keep up with the competition
- Momofrmnyc commented Aug 28, 2019
Ok then what would you say is the reason inflation has been stagnate or the Feds ability to not reach this goal since it was implemented?
Our Federal Reserve cannot “mentally” keep up with the competition
- Momofrmnyc commented Aug 28, 2019
Ok that gives me a more deepened look to now look back at last year when they were still raising rates and understand how the dynamics changed. What would in your opinion be the best course of action for Fed in upcoming September? What would you ...
Our Federal Reserve cannot “mentally” keep up with the competition
- Momofrmnyc commented Aug 28, 2019
Ok I understand that. What would we deem a reasonable rate for us to be at this current moment?
Our Federal Reserve cannot “mentally” keep up with the competition
- Momofrmnyc commented Aug 28, 2019
I understand lowering the rates for security sake but what would we deem a reasonable level to drop off at 1.75 - 2? A little lower where it's possibly on par with maybe CAD rate? I'm just trying to get a better understanding what we deem a ...
Our Federal Reserve cannot “mentally” keep up with the competition
- Momofrmnyc commented Aug 28, 2019
Pretty much coming from a person who started using MA before just relying on price action to dictate my moves. You're correct.
Which Moving Average Is Best For Swing Trading?
- Momofrmnyc commented Aug 28, 2019
-I can't argue the inflation portion as Feds been struggling with this mandate for a while (a higher overshoot may help) -US economy is still the best performing in comparison to others. -Wages still picking up faster than other developed economies ...
Our Federal Reserve cannot “mentally” keep up with the competition
- Momofrmnyc commented Aug 28, 2019
Does he think it's a good thing to have interest rates low? Does he see what's happening to Germany economy currently? God Bless him. US economy is currently running better than any other economy at this current moment.
Our Federal Reserve cannot “mentally” keep up with the competition
- Momofrmnyc commented Aug 27, 2019
Well CAD is in a good position just like USD the trade issues will be the major red flag that drags down both economies (and just globally drag everyone else down). If we literally were to get these trade issues fixed tomorrow I'd be dumping ...
Goldman Says Short the Loonie Before Bank of Canada Policy Shifts
- Momofrmnyc commented Aug 27, 2019
^^Agreed we should look at it from a percentage basis instead of a dollar amount. If you can consistently make a certain percentage then you're at least in the game.
How Much Money Do I Need To Start Trading Forex?
- Momofrmnyc commented Aug 23, 2019
In theory the idea is sensible but in actuality it would be nearly impossible to implement.
Carney Urges Libra-Like Reserve Currency to End US Dollar Dominance
- Momofrmnyc commented Aug 23, 2019
Oh gosh no I haven't had the position opened for a year. I grabbed this position end of June beginning of July expecting our trade war would escalate a bit more. Also your right USD/MXN pair moves wonders and if you really pay attention I feel it's ...
China To Levy Retaliatory Tariffs On Another $75Bln Of US Goods
- Momofrmnyc commented Aug 23, 2019
It's very hard to gauge what Trump administration wants. One day we are on good terms next day it's the complete opposite. We all just want a consensus honestly at this point. If you're going to extend the trade war by all means go ahead or if you ...
We don’t need China and, frankly, would be far better off without them
- Momofrmnyc commented Aug 23, 2019
Trumps twitter brings all the volatility to the party. Again he wants the Feds to do what exactly follow his course for political sake. Trump just clearly needs to state what he wants. He is so back & forth it's hard to keep up with what he actually ...
The Fed did NOTHING! What I am doing will be announced shortly.
- Momofrmnyc commented Aug 23, 2019
Powell isn't into the political spectacle of things that is for our other big player in the U.S Everything he said was spot on and more importantly he basically is reiterating what the Feds job is, what they are willing to do, and what is simply out ...
Powell: Challenges for Monetary Policy
- Momofrmnyc commented Aug 23, 2019
Funny have had a long on USD/MXN since 18.980000 one of the better moves I've made this year honestly.
China To Levy Retaliatory Tariffs On Another $75Bln Of US Goods
- Momofrmnyc commented Aug 22, 2019
Maybe if we get some negative news from the Hole. I think CAD still hasn't taken down the dollar because they are optimistically bullish in a climate where uncertainty has raised significantly since the beginning of 2019.
Wholesale trade, June 2019
- Momofrmnyc commented Aug 22, 2019
Even then there isn't anything wrong in the US economy for the Feds to fix (other than trying to get their inflation up). The only glaring issues on the plate is trade issues and brexit.
South Korea: Will Not Renew Intelligence Sharing Accord With Japan – RTRS
- Momofrmnyc commented Aug 21, 2019
Exactly the CB main duties is to appease a countries economy (not any markets). It is the average individuals that are working their 9 to 5 that make up a country not just the big shots with large bank accounts/portfolios. Trump rhetoric helps the ...
IMF warns against rate cuts, currency intervention to improve trade balance