DX broke out to a new 20 year high
AUD, GBP, NZD, CAD, CNY, and more all BROKE DOWN to NEW LOWS.
This is not going to end well.
Nothing is going to stop it, especially not the FOMC.
Posted 21 September 2022 - 07:48 AM
DX broke out to a new 20 year high
AUD, GBP, NZD, CAD, CNY, and more all BROKE DOWN to NEW LOWS.
This is not going to end well.
Nothing is going to stop it, especially not the FOMC.
Posted 21 September 2022 - 07:56 AM
Agree, was looking at UUP and DX charts last night and they look super bullish.
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Posted 21 September 2022 - 10:34 AM
EURCHF is now at .9533 and there's NOTHING under it here until .85 (monthly chart)
Posted 21 September 2022 - 01:19 PM
WASHINGTON—The Federal Reserve approved its third consecutive interest-rate rise of 0.75 percentage point and signaled additional large increases were likely at coming meetings.
Posted 21 September 2022 - 01:29 PM
Posted 21 September 2022 - 02:12 PM
Enjoy Mr. Powell's wild ride! Are people nuts?
Posted 21 September 2022 - 07:19 PM
Enjoy Mr. Powell's wild ride! Are people nuts?
Only nuts are politicians in DC who are spending money like drunken sailors, no offense to sailors.
Powell reminds me of those people with a big bucket and shovel following the elephants in a procession.
He is just cleaning up after Biden's party.
Edited by pdx5, 21 September 2022 - 07:21 PM.
Posted 21 September 2022 - 08:09 PM
YEN CHART DOESNT LOOK HALF BAD st
Posted 23 September 2022 - 07:37 AM
ICYMI - B of J intervened yesterday to try and stop $DX - US$.
It worked a little for the YEN, but it did not STOP THE DOLLAR - WHY?
Because NOW it's not about the YEN, it's about the other losers - EUR, GBP and the rest.
Posted 23 September 2022 - 07:49 AM
ICYMI - B of J intervened yesterday to try and stop $DX - US$.
It worked a little for the YEN, but it did not STOP THE DOLLAR - WHY?
Because NOW it's not about the YEN, it's about the other losers - EUR, GBP and the rest.
Yep....interventions will eventually fail, and then they will will be forced by the Market to let the10 year loose....
About to likely get wild in Japan...
Edited by K Wave, 23 September 2022 - 07:49 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy