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- Fader123 replied Oct 30, 2017
It does change what they look at. Poloz was saying that he could not care less about inflation at the moment only about how well the economy was doing. Lowe main concern to cut interest rates would be unemployment. You need to start to read cash ...
Fundamental/News Thread
- Fader123 replied Oct 30, 2017
The general rule is that they will tell you what they are looking at in their cash rate statements and speeches made by central bankers themselves Quite often they might say we are not looking at CPI now but how it will be in 2 years time. But they ...
Fundamental/News Thread
- Fader123 replied Oct 30, 2017
You are getting there. Also pay close attention to any speeches that have been made by Central bankers They are giving clues as to their voting intentions
Fundamental/News Thread
- Fader123 replied Oct 29, 2017
The one thing I would say - is that we have the British Chamber of Commerce pleading with Carney not to raise rates. There was another body that questioned this as well last week. The housing market is not doing that great at the moment. They may ...
Fundamental/News Thread
- Fader123 replied Oct 29, 2017
The thing is the one and done - is already priced into the market. Carney said that about a month ago if I recall Traders are always looking ahead. What matters is what Carney will say about the UK economy going forwards- he had said in August that ...
Fundamental/News Thread
- Fader123 replied Oct 29, 2017
The other thing that you can do is to look at a currency - note when they are likely to hike or cut rates. Now if that changes ie - if they say - right we are not going to hike in 2 years time - but in the coming months, the currency will go up The ...
Fundamental/News Thread
- Fader123 replied Oct 29, 2017
Right the BOE. Here is the latest inflation and MPC reports url url What is telling is that Dave Ramsden said that the majority had the view that interest rates should increase in the coming months- This is not based on the current rate of ...
Fundamental/News Thread
- Fader123 replied Oct 29, 2017
The simplest trade to do is to wait for a change in bias from a central bank Bias can change from being very dovish all the way through to being very hawkish For instance the BOC moved from being neutral to hawkish a few months ago I think it was in ...
Fundamental/News Thread
- Fader123 replied Oct 26, 2017
Thanks Cheetah - appreciated
Regarding Numbnuts - I have read through his posts - and they are excellent - especially the point about knowing where each currency is in an economic cycle Its something that I would definitely like to do at some ...Fundamental/News Thread
- Fader123 replied Oct 26, 2017
It's a moderate move Helps if there is bullish sentiment on the EURGBP,
Fundamental/News Thread
- Fader123 replied Oct 26, 2017
Haven't you made enough pips this month! The trade is to do with the money that is paid to the EU by the UK government Basically we have to pay the EU alot if money. So the government sell sterling and buys Euros Obviously keep an eye on price ...
Fundamental/News Thread
- Fader123 replied Oct 25, 2017
"Economy may generate more non-inflationary growth." How a leopard changes its spots
Fundamental/News Thread
- Fader123 replied Oct 24, 2017
Obviously we have to focus on recent guidance and MP statements GDP was expected moderate (m/m) (which it has done) Businesses are still bullish about the future (according to a recent survey) Inflation on the move back up. Here is the most recent ...
Fundamental/News Thread
- Fader123 replied Oct 24, 2017
Below are the last three meetings on the EURUSD
Fundamental/News Thread
- Fader123 replied Oct 24, 2017
Thinking about the EUR decision rate A couple of points; a) Draghi has form- ie everyone is expecting nothing much to come out of this meeting. How many times have we been here b) Last Thursday it came off- when someone in the EU said that the ...
Fundamental/News Thread