- Search Crypto Craft
-
Momofrmnyc commented Aug 28, 2019Does 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, 2019Well 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, 2019In 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, 2019Oh 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, 2019It'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, 2019Trumps 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, 2019Powell 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, 2019Funny 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, 2019Maybe 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, 2019Even 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, 2019Exactly 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
-
Momofrmnyc commented Aug 21, 2019Ahhh as your correct it is obviously the majority consensus when it comes to the rates. I mean why would you lower the rates when your economically doing so well. What happens when there is an actual downturn and you already used the ammo lowering ...
FOMC Minutes: Dissension in the Ranks Raises Stakes for Powell at Jackson Hole
-
Momofrmnyc commented Aug 21, 2019Pretty much we were expecting it to be flat as you've all said we are truly waiting for Friday for the "guidance towards the future".
Minutes of the Federal Open Market Committee
-
Momofrmnyc commented Aug 21, 2019Current Trump Checklist. 1. Create a problem (check) 2. Throw everyone under the bus while the problem is ongoing (check) 3. Either problem is remedied or just gets pushed further to the back (check) 4. Problem Solved or unsolved - Trump is a hero ...
Trump: U.S. will probably make a trade deal with China
-
Momofrmnyc commented Aug 20, 2019Pretty good video. Again just shows how fractured the aisle is when it comes to Brexit as a whole.
Johnson: Unless WA Reopened & Backstop Abolished, No Prospect Of Deal
-
Momofrmnyc commented Aug 7, 2019Sheesh he will have such an interesting movie/book on him when he's out of office.
Fed must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW
-
Momofrmnyc commented Jul 22, 2019Forget about credibility. It would be a PISS POOR decision for the Fed to cut rates after just increasing the rates in December to do an immediate bee line less than a year later while the economy is still moving excellent would be a terrible move. ...
11 Reasons The Fed Should Lower Interest Rates