warpig Posted December 2, 2015 Share Posted December 2, 2015 How can you be bullish now the dollar is > 100??? Quote Link to comment Share on other sites More sharing options...
warpig Posted December 2, 2015 Share Posted December 2, 2015 Quote Link to comment Share on other sites More sharing options...
Noallegiance Posted December 2, 2015 Share Posted December 2, 2015 ^This. I expect to see £600 at some point if not lower. May I ask why? Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted December 2, 2015 Share Posted December 2, 2015 (edited) ^This. I expect to see £600 at some point if not lower.Yeah could be over the next year or two.$ looks toppy short term. ECB up tomorrow and FED later in month. If euro/$ reverse could be big for commodities. Edited December 2, 2015 by Killer Bunny Quote Link to comment Share on other sites More sharing options...
DiggerUK Posted December 2, 2015 Share Posted December 2, 2015 I have read Mrs. Yellen's speech to the Economic Club of Washington more than once. I've even read it backwards to see if there is a subliminal message buried within........and I'm none the wiser. Smart piece of spin or what............it feels like a xmas present, that no matter how many times you massage it, refuses to give you any idea of what it is..._ http://www.federalreserve.gov/newsevents/speech/yellen20151202a.htm Quote Link to comment Share on other sites More sharing options...
Noallegiance Posted December 2, 2015 Share Posted December 2, 2015 I have read Mrs. Yellen's speech to the Economic Club of Washington more than once. I've even read it backwards to see if there is a subliminal message buried within........and I'm none the wiser. Smart piece of spin or what............it feels like a xmas present, that no matter how many times you massage it, refuses to give you any idea of what it is..._ http://www.federalreserve.gov/newsevents/speech/yellen20151202a.htm Because she has no idea what's going to happen until the morning of Dec 15th. Quote Link to comment Share on other sites More sharing options...
Errol Posted December 3, 2015 Share Posted December 3, 2015 LATEST GOLD COTS MOST BULLISH FOR 14 YEARS http://www.clivemaund.com/article.php?art_id=3638 Quote Link to comment Share on other sites More sharing options...
warpig Posted December 3, 2015 Share Posted December 3, 2015 When I posted the youtube video above, it was supposed to be in relation to gold not USDX! So... the ECB didn't ease enough and in doing so strengthened the Euro, which rose by more than four cents against the dollar, which caused USDX to plummet from 100.40 --> 97.65 (and still falling). This in turn caused gold to shoot up by $14. I know the Euro is 57.6% of USDX, but it only moved 4 cents. So why the hell has USDX fallen off a cliff and still falling? Is this FOREX manipulation or are all the traders running from one side of the boat to the other. If you watched the USDX chart, tick-by-tick it looked strong. It makes me wonder if someone has run the stop losses to make way for a December FOMC rate hike... Quote Link to comment Share on other sites More sharing options...
headmelter Posted December 3, 2015 Share Posted December 3, 2015 If you watched the USDX chart, tick-by-tick it looked strong. It makes me wonder if someone has run the stop losses to make way for a December FOMC rate hike... Who'd a thunk it ? Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted December 3, 2015 Share Posted December 3, 2015 (edited) . Edited December 3, 2015 by Killer Bunny Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted December 3, 2015 Share Posted December 3, 2015 Who'd a thunk it ? Quite. $ looks toppy short term. ECB up tomorrow and FED later in month. If euro/$ reverse could be big for commodities. Quote Link to comment Share on other sites More sharing options...
warpig Posted December 3, 2015 Share Posted December 3, 2015 It looks like it's just a Euro short cover rally. Quote Link to comment Share on other sites More sharing options...
warpig Posted December 3, 2015 Share Posted December 3, 2015 The Euro rallied to the 50dma, which is unsustainable. Quote Link to comment Share on other sites More sharing options...
Guest_growlers_* Posted December 4, 2015 Share Posted December 4, 2015 The Euro rallied to the 50dma, which is unsustainable. Why? I think I read the yen and euro were undervalued on a purchase parity basis. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted December 4, 2015 Share Posted December 4, 2015 Surprised you haven't seen me saying repeatedly massive negativity in mkt on Euro and vice versa on US$. Same goes for negativity positioning on Yen and PMs and Oil. Price often does opposite to such heavy positioning. Euro below 1.08 may yet be a failed breakdown. Failures often result in powerful revarsals. 1.09 is next major resistence then 1.11. If clears latter then Euro will likely fly for months. BTW as this is a gold thread: https://pbs.twimg.com/media/CVVnNqwU4AAmhj9.jpg:large Quote Link to comment Share on other sites More sharing options...
Errol Posted December 4, 2015 Share Posted December 4, 2015 It's the next installment of the Jobs report farce, so expect fun and games today. Quote Link to comment Share on other sites More sharing options...
warpig Posted December 4, 2015 Share Posted December 4, 2015 The Euro is a busted flush, it's done... Why?I think I read the yen and euro were undervalued on a purchase parity basis. Quote Link to comment Share on other sites More sharing options...
Noallegiance Posted December 4, 2015 Share Posted December 4, 2015 Rally anyone? Quote Link to comment Share on other sites More sharing options...
warpig Posted December 4, 2015 Share Posted December 4, 2015 Hilsenrath Analysis: Jobs Report Clears the Way for Fed Rate Increase Friday’s employment report clears the way for the Federal Reserve to raise short-term interest rates by a quarter-percentage point at its Dec. 15-16 policy meeting, ending seven years of near-zero interest rates. http://www.zerohedge.com/news/2015-12-04/fed-whisperer-hilsenrath-confirms-all-clear-december-rate-hike Quote Link to comment Share on other sites More sharing options...
headmelter Posted December 4, 2015 Share Posted December 4, 2015 Hilsenrath Analysis: Jobs Report Clears the Way for Fed Rate Increase http://www.zerohedge.com/news/2015-12-04/fed-whisperer-hilsenrath-confirms-all-clear-december-rate-hike The End is Nigh ! Quote Link to comment Share on other sites More sharing options...
GinAndPlatonic Posted December 5, 2015 Share Posted December 5, 2015 did you notice the spot price shoot up yesterday afternoon. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted December 5, 2015 Share Posted December 5, 2015 No I didn't notice Quote Link to comment Share on other sites More sharing options...
GinAndPlatonic Posted December 5, 2015 Share Posted December 5, 2015 No I didn't notice Wasn`t talking to you Quote Link to comment Share on other sites More sharing options...
thewig Posted December 5, 2015 Share Posted December 5, 2015 Too funny. Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted December 6, 2015 Share Posted December 6, 2015 I can't see an interest rate rise. but there is a potential for gold to do well if there is a rise rise = crashed world economy = gold up Quote Link to comment Share on other sites More sharing options...
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