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herewardwake commented Sep 16, 2020I agree, the article was CCC clear, consise, and correct....
Why The ECB Should Refrain From Commenting The Exchange Rate
- herewardwake commented Sep 16, 2020
I don't know. You don't know. The article doesn't know. I don't think it will go to 101.00. What do you think?
USDJPY Finally on Its Way to 101.00?
- herewardwake commented Sep 16, 2020
The problem is all the major CBs have gone to zero or negative rates. You can try your luck with the Krygyz republic or Gambia. But to answer your question the benefit of buying to dollar now is because it is cheap.
Federal Reserve Says It Will Keep Interest Rates Near Zero Until 2023
- herewardwake replied Sep 15, 2020
I am with you but I am looking even further south to 1.17526 as the approximate zone of significant struggle. It looks like a bumpy ride down so buckle up.
EURUSD
- herewardwake replied Sep 15, 2020
Do you really think Japan will let it get to sub-104? It's gettin kinda ridiculous now... but 101? that's dead center inside crazy town.
USD/JPY Discussion
- herewardwake commented Sep 15, 2020
I don't know about that mr. guest. The dollar looks pretty cheap compared to the yen and franc. Gold is a different animal.
Will FOMC be Good or Bad for the US Dollar?
- herewardwake commented Sep 14, 2020
What is the over/under on the number of countries that put sanctions on china for the virus?
China economy’s broad recovery from coronavirus continues, as retail grows for first time in...
- herewardwake commented Sep 14, 2020
I am not clever but I have noticed that if the major news outlet says somthing is negative toward a particular currency or stock, then the smart money is on the opposite. And sometimes, just sometimes the smart smart money goes with the news.
Minutes of the Monetary Policy Meeting of the Reserve Bank Board
- herewardwake replied Sep 14, 2020
Hey ATA et alia, I have a chicken/egg question for the technophiles. Does technical analysis depend on enough of the market validating the pattern or does the market have enough independent momentum that it tells the people where to go? Is Adam ...
EURUSD only
- herewardwake commented Sep 14, 2020
image Careful when it is printed before it actually happens...
Here comes New Zealand's biggest quarterly GDP drop ever
- herewardwake commented Sep 14, 2020
So, is that the final trade? Is your trading career over when you trade for a professional sports team? What's left after that? Space programs?
Billionaire investor Steve Cohen finalizes deal to buy New York Mets
- herewardwake commented Sep 14, 2020
It seems like the consensus view is bull on the EUR. It is probably time to do the opposite.
Weekly Forex Forecast for September 14 – 18, 2020
- herewardwake replied Sep 14, 2020
image Oanda has adjusted swap rates... the best paying swap today is a short on USD/MXN at 3.17% It is tough to make any money after all of the central banks went to zero.
EURUSD
- herewardwake commented Sep 13, 2020
I hope not. I still gotta pay the mortgage this month.
US Dollar's Bounce: Nearly Over?