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Re: News Ahead

by: Ogee
FOMC next Wednesday will be the main event affecting the USD in the near term, 75 bases points believed to be already priced in but with the recent increase in inflation to 9.1% many commentators are calling a 100 point (a full 1%) hike taking interest rates to 2.75% total.

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Re: News Ahead

by: Meyney
yes the wave theory represents a trend of supply and demand at a standard number of 5 the number can vary so it confuzes alot of people there might only be one wave but typically in a market of currency that is controlled by banks when they push the market it usually lasts 100-500 days this can be ...

Re: News Ahead

by: Ogee
The best way to avoid a recession is to ... err, change the definition of 'recession'. Thursday's US GDP expected to be another -ve = recession. Don't matter. Jacqui Heinrich @JacquiHeinrich Bracing for impact: Even if Thursday's GDP report shows a second consecutive quarter of negative growth, you ...

EU to ration gas supplies

by: Ogee
spiked @spikedonline 3m The EU is plumbing new depths of irrationality. EU members will soon have to ration their gas supplies to save Germany from ruin. Gas cuts could even be imposed by Brussels. Europeans are facing a punishing winter. https://www.spiked-online.com/2022/07/27/the-lights-are-goin...