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raklian commented Oct 24, 2017Yes but what you described is a little deceptive. It's not clear cut as you make out to me. On some days, a rate hike can mean the opposite of what we expect if we don't know better. The missing half of the equation, to add to your initial ...
Taylor Appeared To Win Senate GOP Straw Poll, Sen. Scott Says
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raklian commented Oct 24, 2017We know it's not that simple. The big boys see further into future than what you just described. They measure the implications of a rate hike or a series of them on the economy and adjust, in small increments, their massive positions accordingly. Of ...
Taylor Appeared To Win Senate GOP Straw Poll, Sen. Scott Says
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raklian commented Oct 24, 2017Wondering is fine but the article is not saying Canada and Mexico are actually preparing to abandon trade with USA.
Canada and Mexico prepare for life without NAFTA
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raklian commented Oct 24, 2017Senator Jeff Flake is one of the most hawkish of fiscal conservatives in Congress. Choosing not to run for reelection means he'll stray back to his fiscal conservative roots. That's bad news for the tax reform in its current form.
Three GOP Senators May Not Back Tax Plan- McConnell Aide: CNBC
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raklian replied Oct 24, 2017What if Trump picks Taylor, the most hawkish of all candidates, precisely for no other reason but to bring down the US dollar in the fastest possible way? We all know Trump wants a weaker dollar. Despite what they tell you, an aggressive serious of ...
EURUSD only
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raklian commented Oct 24, 2017Well, the pace how he wants to hike will determine whether the US dollar will be dumped or pushed up. If he hikes too quickly, it's bearish for the dollar.
Taylor Appeared To Win Senate GOP Straw Poll, Sen. Scott Says
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raklian commented Oct 24, 2017Another Republican Senator just announced he is not going to run for reelection. We have another Corker now. Wow.
Three GOP Senators May Not Back Tax Plan- McConnell Aide: CNBC
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raklian commented Oct 24, 2017It did correct although for a mere 20 pips. ;-)
Three GOP Senators May Not Back Tax Plan- McConnell Aide: CNBC
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raklian replied Oct 24, 2017It's not about economic readings at this point. It's all overshadowed by the upcoming tax reform. The strengthening of the US dollar in the past few weeks hinged on the tax reform passing, so basically the market is attempting to price it in. If it ...
USD/CAD
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raklian commented Oct 24, 2017Those three are the ones Trump personally insulted the most in his tweet tirades.
Trump, key Republican U.S. senator spar ahead of tax meeting
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raklian commented Oct 24, 2017If this is true, expect the US dollar to correct to an extent. It'll be worse if Trump decides to berate them in a tweet rant. Those three Senators are the ones Trump personally insulted the most, I believe. Seriously, what happened during that ...
Three GOP Senators May Not Back Tax Plan- McConnell Aide: CNBC
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raklian commented Oct 24, 2017Quite right. It's more and more obvious that those who are bullish on the US dollar in anticipation of tax reform are desperately convincing themselves it's gonna pass no matter what. A risky trade if you ask me. Even if they do manage to pass ...
Trump, key Republican U.S. senator spar ahead of tax meeting
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raklian replied Oct 24, 2017Canadian inflation grew compared to last year albeit just below expectations. It won't be too unreasonable for BoC to choose to raise interest rates on that fact alone despite recent sluggish economic readings. Additionally, job growth still ...
USD/CAD
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raklian commented Oct 23, 2017Why? Is it because of the chance the tax reform won't pass?
Canada: Monetary and Fiscal Updates This Week
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raklian commented Oct 23, 2017A lot of people are gonna lose their livelihoods if ICOs collapse. Of course, that has happened to countless people in previous bubbles.
The ‘Wolf of Wall Street’ says ICOs are ‘the biggest scam ever’
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raklian commented Oct 23, 2017All of that will be irrelevant if US Congress isn't able to pass tax reform and fail at another attempt at repealing ACA. Odds are better than 50:50 (simply due to the fact the fiscal hawks and tax reformers in the GOP can't see each other in the ...
Forex Market Outlook for the Week October 23 – 27, 2017
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raklian commented Oct 23, 2017What if Trump surprises us with "I fooled ya, it's Yellen who will stay. Why? It's cuz I really... really... like her, like... a lot." ;-)
Trump Says He's 'Very, Very Close' On Fed Chair Decision
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raklian commented Oct 21, 2017I think a hike may still happen but with a strongly worded statement urging extreme caution for 2018. This alone may temper enthusiasm for the US dollar's recovery against major currencies.
Fed Chair Yellen says low inflation this year is an unexplainable 'surprise'
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raklian commented Oct 21, 2017Er... that's not how you use this type of logical fallacy in this context. I think you're misreading my post a bit. The post was mainly an opinion post. I'm merely stating that business investment won't guarantee bigger paychecks. Heck, even it ...
Here’s the kind of spending that leads to bigger paychecks and a roaring economy