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- Fader123 commented Aug 4, 2016
Personally- I think he did the right thing. He sorted out the banks - so that when Brexit came along - we did not have a run on them. And cutting rates - to help the economy that is staring into a recession only makes sense in my book. Just look at ...
Carney Gets Ahead of Market Expectations; Sterling Slumps, Gilts Soar
- Fader123 commented Aug 3, 2016
It will be a huge surprise if rates are not cut BOE will lose credibility if they are not PMI services report today very poor; -Services output and new business both fall at fastest rates since March 2009 -Expectations weakest since February 2009 ...
BoE Preview: Bank of England Shock Tactics Needed to Weaken Sterling
- Fader123 replied Aug 2, 2016
A lot of this is poor sentiment over the dollar. There were some really good figures from the US- but then there was a dovish statement from the Fed started it Then GDP missed estimates- that really did it. Lots of analysts did not like that The ...
Cable Update (GBPUSD)
- Fader123 replied Aug 2, 2016
Reckon US GDP estimate was too high They keep doing it NFP figures next looks achievable Dudley said that there could be two hikes UK definitely doing something on Thursday This will impact EU EU looks a bit overbought Forming head and shoulders ...
EURUSD
- Fader123 commented Aug 1, 2016
Lets face it - its used to manipulate the market- funny that this speech follows a miss against GDP estimates- and flies in the face of their dovish statement following some fairly decent figures
New York Fed President Dudley says Federal Reserve may hike interest rates faster than the...
- Fader123 replied Jul 31, 2016
Should have prices now - but Oanda have prices- useful for pre market url
EURUSD
- Fader123 replied Jul 22, 2016
Usually take around an hour to an hour and a half before markets start to recover from large fall Selling pressure looks to have subsided a bit - thinking of going long
Cable Update (GBPUSD)
- Fader123 replied Jul 22, 2016
Would like to know what caused that - was expecting it to drift off after announcement - but 90 pip spike
Cable Update (GBPUSD)
- Fader123 replied Jul 21, 2016
Think UK PMI services and certainly manufacturing estimates are too low
Cable Update (GBPUSD)
- Fader123 replied Jul 21, 2016
21 July 2016 Thinking of how things are going to plan out for tomorrow Philly Index was a bit low today- UK Retail Sales as expected rubbish Very quiet at the moment - might pull back a bit - not sure what Asian session will do-seems to be ...
Fader Journal
- Fader123 replied Jul 19, 2016
OK - so where are we Cable down circa 200 pips+ Mainly caused by negative news on UK and positive news in the US today Plus we are starting to get some really good figures from the US as regards corporate earnings. No real US economic figures ...
Fader Journal
- Fader123 commented Jul 19, 2016
Thank you cliffwards I do understand how talking or writing about politics can raise one's emotions
Ireland Hits Brexit Alarm in Biggest Foreign Crisis in 50 Years
- Fader123 commented Jul 18, 2016
Potato Republic - that's not nice is it To be honest I am disgusted url "With members from every nation and race, members should be sensitive to how they speak about other countries and ethnicities. Members should never show hatred for or be ...
Ireland Hits Brexit Alarm in Biggest Foreign Crisis in 50 Years
- Fader123 replied Jul 18, 2016
You are right- if inflation was high say .7%- it would restrict the cut that Carney can make so Cable would rally
Cable Update (GBPUSD)
- Fader123 replied Jul 18, 2016
Sorry for the delay looking after the kids We have had a bounce off a 50% retracement. The only thing that does concern me is that the market has been rallying during the Asian session recently Must be all this talk of Japanese companies taking over ...
Cable Update (GBPUSD)