Hi guys,
I absolutely aint paying attention to the market and am totally staying out.
So I dont know nothing about CBs lowering swap rates by 50 basis points, nor about lowering margins. Nor do I know anything about China reducing reserve ratios. I dont know anything about good US employment data. All these moves are absolutely not enhancing liquidity in very big scale.
I really do stay out of the market and am having a break. So I really dont expect short term boost of Equity markets, which can eventually bring our favourite pair up. Nevertheless, it is needed to say that money will for sure not be flowing into US equities, while Eurozone is in such a mess, which will eventually not strenghten USD under any circumstances. So I really dont expect short term upside movement up and I am not placing bunch of shorts at 361.
GL,
Tom
I absolutely aint paying attention to the market and am totally staying out.
So I dont know nothing about CBs lowering swap rates by 50 basis points, nor about lowering margins. Nor do I know anything about China reducing reserve ratios. I dont know anything about good US employment data. All these moves are absolutely not enhancing liquidity in very big scale.
I really do stay out of the market and am having a break. So I really dont expect short term boost of Equity markets, which can eventually bring our favourite pair up. Nevertheless, it is needed to say that money will for sure not be flowing into US equities, while Eurozone is in such a mess, which will eventually not strenghten USD under any circumstances. So I really dont expect short term upside movement up and I am not placing bunch of shorts at 361.
GL,
Tom
"I know one thing, that I know nothing." Sokrates