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[Rafe]

i don’t know if it’s just me or if anyone has that same problem.

when i reply to a post the website reroutes me back to the first set of posts since we switched to a new template.

[Rafe]

February 12, 2024 at 7:28 pm #1510 Reply

JP// ditto to that one… we want the old newswire setting.

[Mtl JP]

bobby 3:18 personally I m not looking for accolades

as far the form goes I guess over time you will see if this kindergarten style dis / approval sytem gets usage rather than members feeling compelled to address a post ESPECIALLY if it should be a misguided trade post which, to me, would would be worth 50+ septic thumbs up.

bottom line I think it is a discussion killer

[Mtl JP]

when loser becomes a winner
–
* More than 3.7 million borrowers have gotten their student debt forgiven while President Joe Biden is in office, and more relief is expected.

* Here’s what borrowers should know.

Biden has forgiven $136 billion in student debt. More relief is on the way

WOULD you hire one of the loan concel-eese ?

[Mtl JP]

EURO 1.0782
wallowing
–
IF I had to chose a side … it d be short

Res 1.0790 / 00
Sup 1.0725

[Belgrade Bobby]

Gold 

The fundamental reasons behind the Gold rise has not changed…so Buying the gold is still way to go. But where should you buy it ??? One has to be aware first of the time line that he/she trades it on.

Right now, it has approached the 2010.00 level, that might be used as good buying opportunity…not only because it is kind of cheap , but because there is a clear stop loss that can be executed.

Break above 2030.00 would signal another reason for trade…Keep your stops tight, and be modest when it comes to profit taking.

[GVI Forex 2]

SPX500 15-minute chart

One way market continues

Note how red lines dominate (pointing to the upside) and what happens after the consolidation top (blue) line is broken.

Feel free to contact me to ask about getting access to these charts

[Belgrade Bobby]

Re: my post from the last night :

EURUSD Day ahead

Resistances : 1.07950 and 1.08350/400

Supports      : 1.07800 , 1.07700 and 1.07200

Judging by the current pattern, we should see the attack at the supports tomorrow, but expect as always for Europe to do some buying early euro morning…if they break through 1.07950 we should see at least 1.08200 ( depending on how they spent their weekends…)

Same goes for other two postings – JPY and GBP….Bellow is a current chart for EURUSD

[GVI Forex 2]

Correlation: USDJPY (left) US 10 year (right)

Note weaker bonds – higher yields – firmer USDJPY

[Mtl JP]

uh … eh … I ll have to get back … duh
–
Hagerty Doesn’t Hold Back On Sec. Yellen

yellen testifying

[Belgrade Bobby]

Mtl – Happy now ?? <3

[Mtl JP]

Tuesdays USD Inflation Rate YoY exp 2.9% vs 3.4%

hope is burning its candle for slower inflation (expected) so that would be a lid on dlr
IF inflation comes in above expectation dlr should bite at enthusiasts’ pricing May cut

[Mtl JP]

DLRx 104.01
–
wishi-washi day sofar

yield sub 4.20 is ONE lid on dlr upside ambition.
puppy s not getting much if any help from “good” incoming data either
january CPI tomorrow

[GVI Forex 2]

SF, see your email.

[Swiss Frank]

So you are saying the market is pricing in a miss on the upside?
– Yes. Low expectations + stronger USD = Pricing in upside miss.

Maybe it is more of a non-event as in recent months the USD has traded soft ahead of CPI.
– If USD in recent months has traded soft ahead of CPI, why is it trading stronger today?

[GVI Forex 2]

So you are saying the market is pricing in a miss on the upside?

Maybe it is more of a non-event as in recent months the USD has traded soft ahead of CPI.

[Swiss Frank]

ok keymaster if you think so, fine… To me it looks like todays price action is pricing in something higher than low expectations of mom and yoy numbers. Thus a possible explanation of stronger USD today, for lack of any other discernable reason… But I could be wrong.

[GVI Forex 2]

SF, the focus is more on core inflation

See our Economic Calendar

[Swiss Frank]

Re CPI tomorrow 0.2 MOM and 3.0 YOY seem like kinda low expectations to fade in advance…. Maybe

[GVI Forex 2]

USDJPY Daily chart

Paused below 150

So far just a correction as long as it stays above the 148.80 breakout level

 

[Author]

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