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  • Russian PM: "The U.S. Just Declared Full-Blown Trade War On Russia"

    From zerohedge.com

    Several hours after President Trump officially signed the new Russian sanctions into law - despite his reservations and his statement that while he favors "tough measures to punish and deter aggressive and destabilizing behavior by Iran, North Korea, and Russia, this legislation is significantly flawed" - Russia has responded, and moments ago, Russian Prime Minister Dmitry Medvedev said on his FaceBook page that any hope of improving Russian relations with the new US administration are dead, that the Trump administration demonstrated complete impotence "in the most humiliating manner", transferring ... (full story)

Who cares??
So $ down?? Or spikes then down?? 1.20 on my radar
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
Quoting Not-KPMG
Who cares?? So $ down?? Or spikes then down?? 1.20 on my radar
EU by the looks. So USA is going to have to contend with Russia and EU..
Quoting Not-KPMG
Who cares?? So $ down?? Or spikes then down?? 1.20 on my radar
Trade war means usd up. But even with the trade war, it will not be as strong as the tapering in euro that is about to come.
1.2 is inevitable but i believe switching to EURCHF will give us better price and possible profit.
When 1.2 in eurusd is reached, it might be 1.2 in eurchf too so the gain potential is higher on eurchf
Quoting FateAnother
{....but i believe switching to EURCHF will give us better price and possible profit. When 1.2 in eurusd is reached, it might be 1.2 in eurchf too so the gain potential is higher on eurchf
Ha!!!
Isn't that the same 1.2000 that Swiss mad dogs defended 3 years ago!??!?
Damn Time machine.
I remember not selling it.
Then tried to buy at 0.8600 ish.
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
After all the help they have given Trump, the Russians are feeling a bit pissed at being stabbed in the back.
Quoting Not-KPMG
{quote} Ha!!! Isn't that the same 1.2000 that Swiss mad dogs defended 3 years ago!??!? Damn Time machine. I remember not selling it. Then tried to buy at 0.8600 ish.
check the balance sheet.. they are buying foreign assets (CHF) and it looks like a mini QE to me. This is a good cross against the EUR and even at the current moment when USD weak, USDCHF still rallies too. It is better than trying to buy EURUSD.
If real war happens, buy BTC?
HMSR
Quoting Hmsr
If real war happens, buy BTC?
Better sell oil and buy gold.
Slap on fake uniforms, march into southern Ukraine and people don't like you? What's up with that?
Brilliant IMHO, if predictable response from Putin/Medvedev.
Read carefully.. It winds up Trump, goading him personally with his impotence to "Make Deals", while same time backing him by endorsing his proRussia policy orientation. Creating an "I told you so" narrative for him for failures on issues where core Putin policy dictates he was never going to make progress anyway.
No this is a Long Game.. and Congress has prevented leverage on a weakness that Russians were celebrating as having created., by manipulation. Maybe make them re-evaluate risks of setback when continuing their next round of disruption of process of western democracy
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  • Posted: Aug 2, 2017 3:10pm
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 10  /  Views: 3,337