The USD Strength Indicator's relationship with the SDR basket is foundational to understanding global currency dynamics. Since the SDR comprises major currencies like the USD, Euro, Yuan, Yen, and Pound, the indicator's assessment of USD's performance against these currencies offers direct insights into its comparative value. This evaluation helps gauge the USD's...
The British pound is calm on Wednesday. In the European session, GBP/USD is trading at 1.2297, up 0.10%. The UK economy has been struggling and GDP declined by 0.5% m/m in July. The markets are expecting a rebound on Wednesday, with GDP projected to rise by 0.2% m/m in August. For the three months to August, GDP is expected to increase by 0.3%, up from 0.2% in...
The British pound is higher on Tuesday. In the North American session, GBP/USD is trading at 1.2273, up 0.29%. The Bank of England's financial policy committee (FPC) voiced concern about consumer borrowing. The FPC noted that consumers were taking longer mortgages and increasing spending on credit cards in response to being squeezed by higher interest rates and...
GBP/USD is trading quietly at 1.2423, down 0.11% on the day. UK inflation has been a thorn in the side of the Bank of England for months and is still above 10%. The UK releases the April inflation report on Wednesday and relief may finally have arrived. Headline CPI is expected to fall from 10.1% all the way to 8.3% y/y. That would be welcome news, but core CPI,...
The US dollar is showing strong gains against the majors on Tuesday, with the exception of the Japanese yen. EUR/USD has tumbled by 1.27% and is trading at 1.0528 in Europe. EUR/USD is sharply lower today, despite a very light economic calendar. The only release of note is German CPI, which will be released later today. Despite the lack of fundamentals, the US...
Welcome to the first trading day of the New Year. Trading remains thin, as most markets are closed. In the European session, EUR/USD is trading at 1.0679, down 0.23%. I expect a quiet day for the euro. There are no US events on the schedule. German Manufacturing PMI improved to 47.1 in December, up from 46.2 in November and shy of the consensus of 47.4 points....
With the recent UK monetary response I started to get the sense that an emergency rate decision may be taken that will strengthen the pound. I will explore this deeper in a blog post but I wanted to get it on the record here, including the current timeline of when the position was opened along with my thoughts as we progress. Options expire Dec 21st @ 3pm.
The roller-coaster continues for the British pound, which is down sharply today. In the European session, GBP/USD is trading at 1.0774, down 1.05%. It has been a remarkable week for the British pound, which has exhibited sharp volatility since Friday, when Chancellor Kwarteng unveiled his mini-budget. The package included unfunded tax cuts, despite weak a weak...
It is only a great transaction of wealth, there is a decadent power fall, rises another (cantillon effect gold based). 🤫 The market only plays with everyone, analyze the 'market cap' instead of the 'price', the price no longer matters, the colored paper loses value every second. 🧙♂️ Each pillar in this world has been structurally damaged or destroyed, only to...
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 USD/CHF 🔽 USD/JPY 🔼 XAU 🔽 WTI 🔼 In Tuesday's financial markets, risk aversion dominated, favoring the dollar most. Several factors affected the mood of the market. Gazprom, the Russian gas giant, is supplying Germany with approximately 20% of its usual supply of natural gas. For the upcoming winter, the EU countries have...
'Jack Of All Trades' MASTER OF NOTHING SAY ! Just break the line, and we continue, CEO's Advisers, Politicians, Millonaries are not your friends, they loved 'neo liberalism', the machine to make people poor. 🤫 Continue listen PREMIUM TARDS 🇺🇸 & 🇪🇺, money don't buy a new 🧠
'Jack Of All Trades' MASTER OF NOTHING SAY ! Everything is just a matter of perspective, learn the lesson, except seeing and listening to FINANCIAL PARASITES and much more about math and data analysis, keep listening to PREMIUM TARDS AND GURUS 🇺🇸 & 🇪🇺
Many say that we started a bad day, false, we are just completing a pattern, they do not know what 'power purchasing' is, less fools who do not know how inflation occurs and how to stop it (aka friedman 70's). 🧠💩🤫
The collapse of the euro begins, 'we created human rights', 'we have food stored for years', an arrogant European told me, arrogance will always be the worst adviser. 🤭
For those who want to become a millionaire bleeding UK financial parasites, oil will rise 300% by Q1 2023. 🤣
For those who want to become a millionaire bleeding UK financial parasites, oil will rise 300% by Q1 2023. 🤣
For those who want to become a millionaire bleeding US financial parasites, oil will rise 300% by Q1 2023. 🤣
For years we have seen 'financial parasites' such as: Warren Buffett, Charlie Munger, Bill Gates, etc, etc, etc long list. 🤫 They attack & manipulate Bitcoin and crypto market, confusing ignorant and illiterate in economics, statistics and data science with EMPTY ARGUMENTS AS: Rat poison squared, the fools theory, etc, etc. 🤔 Let's talk about something simple...