justice prevailed
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Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
Disliked{quote} I think CPI was as expected so neither hot nor bad. Impact movement right now I thinkIgnored
DislikedHmm the daily low swaggers to be relevant. Noted. We'll see how long that holds. Until then, I'm jetting off with the bulls. LONG @ 2152 with SL neatly below daily low.Ignored
DislikedOK. US CPI came in, in line with expectation, both headline and core. So, what are you going to do with it? Let's dive in. Headline annualized 6%, core at 5.5%. There're some sticky components: food at home +10.2%, electricity and piped gas, averaged over +13%, transport +14.6%. Fed could say, those are volatile components, we focus on core. Core is still above 5% YoY. Far from Fed target of 2%. Let's just say, rates stay at current level, 4.75%. What do we expect? Most likely, inflation is going to stay sticky for a while, then accelerate, if interest...Ignored