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- theoedet commented Mar 13, 2023
Market response is rapid
- theoedet commented Jun 14, 2018
USD rallies cannot be totally taken off the market. A USD index Fibonacci of the year's low at 88.25 on Feb 16 to the year's high at 95.03 on May 29 give 91.63 as the 50 level and 90.85 as the 61.8% level. This range I think is the range on the USD ...
- theoedet commented Jun 14, 2018
Yesterday's FOMC statement shows that to sustain a USD rally requires more than just an interest rate hike. The USD is generally bearish for the long term. USD has been falling since FOMC interest rate hike yesterday, the market doesn't seem too ...
- theoedet commented Jun 12, 2018
Well, well, well, this is almost one hour after the report. USD Index fell from 93.68 to 93.54 (about 14 points) enough to blow up most accounts. The mover for USD tomorrow. Why not let us wait till then?
- theoedet commented Jun 8, 2018
Channel support broken clean. Market currently @ 0.9088. Final confirmation should be at market close. Next support @ 0.8860 in scope. What a rush from CAD bulls.
- theoedet commented Jun 8, 2018
CAD Price action at play. Does not favour CAD bears. CAD had been bearish all week and has hit significant zones guarded by the bulls. So what you see is a rush of the bulls.
- theoedet commented May 30, 2018
...Overall, developments since April further reinforce Governing Council’s view that higher interest rates will be warranted to keep inflation near target. Governing Council will take a gradual approach to policy adjustments, guided by incoming ...
- theoedet commented Apr 18, 2018
It's double tragedy for GBP today. In a few hours CAD interest rate decision will further pound in on GBP.
- Posts by Member Search: 'theoedet'