Does anyone know what was said by BoE Gov. Bean this morning? I'm wondering why GBP got such a large boost? Also, Ashraf, do you see GBP/USD headed to 1.6000? And I presume you still see the downtrend well intact? Yes? Wondering if I'm better off calling it a day with that pair. Thanks
Thanks for the sweet bonus tweet on GBP/USD got a good amount of pips from it--- I was reluctant to let the short go, but it seems like they'll be plenty of opportunities to get back in, even if drops more. Thanks
Do you have short and medium-term targets for EUR/GBP? Do you see parity in this pair? I certainly see a re-testing of the 0.9750-0.9800 high of the Dec. '08/Jan '09 easily attainable by (or at) year-end.
Unfortunately I do not have correlations between this pair and any major stock index. And it seems as if this pair is going to pull back, it would "only" do so due to weakening in stocks. Thanks
Regarding your GBP/USD end of year forecast of 1.63 - I presume that means you disagree with Michael Hewson's target of 1.5160, from his analysis that you tweeted earlier today?
This is some risk rally! And I wonder how Shanghai will contribute when they get back. Anyhow, can you give time-frames, targets, and or thoughts about the direction of USD/CAD? Thanks a lot.
14raj, thanks for your comment --- I would guess that if the 1.0650 support is broke that it will continue down, though I suppose 1.0620 may be considered an "overshoot".
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Latest Hot-Chart - Apr 09
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
Do you have short and medium-term targets for EUR/GBP? Do you see parity in this pair? I certainly see a re-testing of the 0.9750-0.9800 high of the Dec. '08/Jan '09 easily attainable by (or at) year-end.
Unfortunately I do not have correlations between this pair and any major stock index. And it seems as if this pair is going to pull back, it would "only" do so due to weakening in stocks. Thanks
Regarding your GBP/USD end of year forecast of 1.63 - I presume that means you disagree with Michael Hewson's target of 1.5160, from his analysis that you tweeted earlier today?
Or did you mean 1.53? Thanks
This is some risk rally! And I wonder how Shanghai will contribute when they get back. Anyhow, can you give time-frames, targets, and or thoughts about the direction of USD/CAD? Thanks a lot.