Disliked{quote} Thanks Bones for the information I forgot the Draghi's "Whatever it takes". Copper did a strong bearish candle, waiting for today confirmation. The same for the US stock markets. All this should push USD up and GBPUSD down What can they do? Rake rate as soon as possible? (they said no before 2023)Ignored
I don't think it will reverse there and prices will be accepted at all time highs (on the Q) .I think the speech was the catalyst but I'm sure there are many reasons why it reversed
So the Fed control overnight rates thats what they're talking about not raising.The way to control the rates in the retail economy is buy much more of the curve.
They need to buy the longer maturities and that would be a very expensive idea considering they hold a lot of debt @ the short term end near 0%.
We have to see how this US red data pans out ,to see if rates jump
in my book is it's going to happen ,just a case of when.
https://www.ino.com/blog/2021/05/tre.../#.YJtRPi9Q1qt
#doyourownanalysisordietryin
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