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- dantpm replied Sep 5, 2022
When the price moves in a big way on no news, it can just as easily move back on the same news. To see the price move up and continue to move up 'under upwards pressure' would be a lot more attractive and fit better with expectations of the ECB rate ...
EURUSD only
- dantpm replied Sep 5, 2022
There is no news to support this swing up in price. It will be interesting to see how the next 24 hours unfold.
EURUSD only
- dantpm replied Sep 4, 2022
Respectfully, it is part of understanding what is impacting all currency pairs and the global economy today. The path out of this does not appear to be the path identified by President Biden where Russia is split into several smaller countries. ...
EURUSD
- dantpm replied Sep 4, 2022
It is the US trying to 'punish' Russia and instead punishing Europe for a war that the US started by funding Ukraine and encouraging them to antagonize Russia for over 20 years now!
EURUSD
- dantpm replied Sep 4, 2022
The whole heading into 'winter' and energy crisis makes it hard to be bullish. It needs some other catalyst. A weak PM definitely is not a strong catalyst!
Cable Update (GBPUSD)
- dantpm replied Sep 2, 2022
So what about the Russian oil that China, India and others buy and resell? One of these days Europe is going to wake up and realize that not only has Ukraine been hung out to dry by the US but so has Europe and most of the rest of the world!
EURUSD
- dantpm replied Sep 2, 2022
Does anyone put in bracket orders around these 'critical' news reports? long, stop loss 30 basis points, short stop loss 30 basis points and reap the profits from which ever works in your favor...
EURUSD only
- dantpm replied Sep 1, 2022
It appears to me that the EURUSD trading range is incredibly narrow today. More so than other pairs.
Cable Update (GBPUSD)
- dantpm replied Aug 31, 2022
Two questions. 1 long from parity or long from 1.005? 2 Weaker than expected employment puts pressure on the FED to reconsider the planned rate increase (.5 or .75). Not sure that will be enough tank the dollar. The recession seems to be globally ...
EURUSD only
- dantpm replied Aug 31, 2022
It is almost a work of art watching somebody move the EURUSD down in tiny organized steps.
EURUSD only
- dantpm replied Aug 26, 2022
I believe the EU wants to drive the EURUSD lower with their 0% interest policy in the belief that the currency will stimulate job growth and exports. We are going lower!
EURUSD only
- dantpm replied Aug 19, 2022
I don't get why the EURO is so strong against the US$! Every part of the European economy is going to get hammered this winter with natural gas/fuel and energy costs! Don't see how they will avoid a recession bigger than the US recession that is the ...
EURUSD only