Just kidding, Pat...
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Cesarnc's market talk, gossips, rumours & fun 53,444 replies
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DislikedFriday event Later today, there will be several news releases that include Preliminary UoM Consumer Sentiment, FOMC Member Waller's speech, Federal Budget Balance, and FOMC Member Harker's speech. However, it is unlikely that any of these releases will have a positive impact on the dollar. {image}Ignored
DislikedBTFP refers to the Bank Term Funding Program. The program was created by the Federal Reserve to provide additional funding to eligible depository institutions, including banks, savings associations, and credit unions, to ensure that they can meet the needs of their depositors. The program offers loans of up to one year in length, and collateral can be pledged in the form of various securities, such as U.S. Treasuries and U.S. agency mortgage-backed securities. In the chart provided, it appears that banks borrowed $11.9bn...Ignored
Disliked{quote} ...part of the effort to cope with a serious crisis of confidence and liquidity in the financial industry Banks borrowed to cope with the incompetent FED that continues to raise interest rates to combat inflation caused by increasing the money supply during COVID-19! Inflation was not caused by excessive economic activity, low-interest rates or any number of other issues that interest rates could have effectively combated. As the FED continues to withdraw liquidity expect more problems in the economy and for all investments!Ignored
Disliked{quote} This week's storm event is over. Next week continues to meet the Fed's storm.Ignored
Disliked{quote} Looking forward for FOMC next week. I think they’ll do 25bps regardless of the market. 50 is pretty much off the table after the events of the past week. Market knows there is zero chance of 0.5, hence the rally we're looking right now. Markets now pricing in .25 max due to banks fiasco. The possibility of .50 raised by JP has been ignored. That’s why bonds n stocks have been holding hands. Time to sell USD.Ignored
Disliked{quote} Looking forward for FOMC next week. I think they’ll do 25bps regardless of the market. 50 is pretty much off the table after the events of the past week. Market knows there is zero chance of 0.5, hence the rally we're looking right now. Markets now pricing in .25 max due to banks fiasco. The possibility of .50 raised by JP has been ignored. That’s why bonds n stocks have been holding hands. Time to sell USD.Ignored
DislikedGU Waititng at LTF for candle to closed with level rejected. Going for long set up {image}Ignored
Disliked{quote} I may see the opposite ,as FED will have a dovish rate hike, as JPow is weak. If FED do .25 at most then that will be it. QE has already begun. QE began.... USD Sell... I dont know te reason you're seeing opposite. Maybe you can share, if those point I've mmissed or overlookIgnored
Disliked{quote} GU The possible of deeper pull back to the TL Watching this possibility too as we have news later. {image}Ignored