Jump to content

What is the USD doing?


Recommended Posts

  • Replies 230
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

US Non-Farm Payrolls for December are released today at 1330 GMT. Unemployment rate of 6.8% est., Watch out for this if you're holding anything that may be impacted by the announcement. 

Well it's definitely going up @Nelsy-Boy...  But seriously folks, looks like the Weekly Triangle line on the EURUSD held firm as resistance this time, sending price back down but will it turn back bef

Before it was potential.  Now it is confirmed.  USD is one of the biggest broad market influencers.  I wonder what other pivots a significant USD bearish phase will reveal? 

Posted Images

You are so right Dmedin.. going long on the dollar is the smart play....not. Streuth man, it's devaluing against sterling, which is testament to how bad things are. When the dollar makes sterling look good, obvious thing to do is go long? Aye? Counter-counter intuitive. Or just not very bright.

No inter-coursing way. They keep devaluing the currency everytime they print/invent trillions more of it, it dilutes the value of the currency. Or should do, if folk were to question it. Owt stranger than folk,as my nan used to say.

  • Great! 1
Link to post
1 hour ago, 786Trader said:

You are so right Dmedin.. going long on the dollar is the smart play....not. Streuth man, it's devaluing against sterling, which is testament to how bad things are. When the dollar makes sterling look good, obvious thing to do is go long? Aye? Counter-counter intuitive. Or just not very bright.

No inter-coursing way. They keep devaluing the currency everytime they print/invent trillions more of it, it dilutes the value of the currency. Or should do, if folk were to question it. Owt stranger than folk,as my nan used to say.

May be thats why Warren B for very first time in 100 (almost) years invested in Gold just now....

  • Like 1
Link to post

No need for any new stimulus.  Up to 9380 next most likely, gold is sh!tting the bed and EUR, AUD, CAD, GBP all likely to fall vs. dollar.  And commodities will become more expensive so demand and price will fall.

 

US Dollar Basket_20200904_14.06.png

  • Sad 1
Link to post
  • 5 weeks later...
  • 1 month later...
  • 1 month later...

US Non-Farm Payrolls for December are released today at 1330 GMT. Unemployment rate of 6.8% est., Watch out for this if you're holding anything that may be impacted by the announcement. 

  • Like 2
Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • General Statistics

    • Total Topics
      14,277
    • Total Posts
      70,687
    • Total Members
      59,252
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    Shahuk
    Joined 26/02/21 18:00
  • Posts

    • @CharlotteIG This is not frustration Charlotte, this is absolute anger, rage and fury; I have affected positions that are currently trading at a loss which could easily be in profit in a timescale acceptable to me - in the meantime I pay the associated costs, Saga being a prime example, yet IG are forcing me to take £000's of cash loss through no fault; IG have accepted a commercial contract on which they are now reneging at my significant cost
    • Maybe IG have decided that with such exceptional demand, they don't need to worry about long term clients.  The exceptional mob will not be around for the long haul.  As a result of what IG have done, long term clients may not be around for the long haul either.
    • Charlotte, we keep seeing the message that's it's small caps that have been withdrawn. It isn't.  For example, Hikma has a market cap of £5.2bn and is in the FTSE100. How do we know which other companies IG might decide to do the same to? We are also told that it's due to exceptional client demand. In that case, limit new opening positions (buy and sell). Why should we long-term clients suffer due to this?
×
×
  • Create New...