No Data
Asia And Europe Markets Mixed, Dollar Holds Strong - Global Markets Today While US Slept
Dollar's Strength Continues, Asia Ex-China Up, Europe Edges Lower - Global Markets Today While US Slept
Asia And Europe Markets Decline, Dollar Hovers 3-Week High - Global Markets Today While US Slept
Asia Ex-India Fall On China Stimulus Concerns, Europe Up; Dollar Gains - Global Markets Today While US Slept
Some ECB Policymakers Backed a 50-basis-point Cut - Report
Time to Sell the U.S. Dollar? Morgan Stanley Thinks so
solo invest : Yea this barely affected the markets last month. I doubt investors will have any confidence in the BOJ with the central bank still stimulating the economy. I wonder if all of the other major currencies were rising just because of this catalyst as well. Like maybe this news brought down the dollar enough to cause the momentum to bring up the other currencies. I mean i cant point out why every other currency was ripping like crazy. It seems like it was simply because the dollar was dropping. Was japan the only catalyst? Or were there other Macro events or headlines that are not mentioned here? I didn’t see anything else myself. I’m just wondering… What do yo think of this post @iamiam??
solo invest : Do you have an opinion on this one @Mcsnacks H Tupack? Do you follow forex?
SpyderCall OP solo invest : good person to ask. I might not have noticed any other major forex news last friday. i didnt see anythin else
iamiam solo invest : this is a fed pivot play. There were FED pivot rumors from a convenient WSJ article at 8am (the FED has entered lock down and they can't speak to refute the article). like the post says it came at a support level on the markets and resistance on the dollar and they broke the dollar as it was rallying (we were about to have a -300 nasdaq market day). My guess is the dollar now falls back to the 50MA. Could the article be legitimate? sure, but I wouldn't bet on it.
solo invest iamiam : Agreed. If the dollar goes red then I dont think it will last that long. But who knows
View more comments...