{quote} Ok I see, you feel something like eruption and predicting big splashesnice technic
The only prayer you need is Thankyou
Cable Update (GBPUSD)
- #664,782
- Jun 21, 2022 11:42pm Jun 21, 2022 11:42pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
{quote}
It depends on the which currency you trade against.
Both of them raising rates means, tug of war.
Appreciate those comments for educational purposes.
Currently the rates differential between the US and the UK remains in favour of the US throughout, and this differential is the deciding factor for the financial channel which is why the bilateral exchange rate traces out a persistent depreciation of Sterling as a result of the shock.
To stabilize prices and alleviate the inflationary pressure coming through the exchange rate, UK policymakers would roughly go along with the tightening from the US.
Of course, by doing so, they would exacerbate the fall in output.
In the end, the composition of domestic inflation facing central banks – among which, the Fed, the ECB, and the Bank of England – has unique characteristics but for all of these three inflation rates are far above their respective targets (Chart 1- below).
Underneath the headline numbers there is some nuance, that is, while the European economies are more exposed to the current gas and energy price shocks,
US inflation has been driven more by domestic demand and capacity pressures.
UK goods price inflation is even stronger than in the US or the Euro area.
All three economies are projected to slow, although there are conjunctural differences across countries, as well as different possible fiscal actions.
For GDP, US output is nearly back to its pre-Covid trend on the back of strong fiscal stimulus in 2021, and consumption of goods well beyond the patterns of the prior decade.
The Euro area has had a less strong recovery out of Covid and is more exposed to consequences of war in Ukraine, but has again reached its pre-Covid level of GDP.
The UK has also regained pre-Covid activity in GDP terms, but not when it comes to employment, and its GDP is well below trend. Given persistent supply shocks, pre-Covid trends may however not be attainable..
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
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- #664,783
- Jun 21, 2022 11:45pm Jun 21, 2022 11:45pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
Rishi Sunak strikes again!
He will help GBP to going DOWN today..
Speaking after CPI Data release.....
He will help GBP to going DOWN today..
Speaking after CPI Data release.....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #664,784
- Jun 22, 2022 12:05am Jun 22, 2022 12:05am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
Rishi Sunak strikes again! He will help GBP to going DOWN today..
... yeah lets bring GBP lower......
Thanks you Sunak, when the data came out, market was stalling. You open your mouth as well opened the trap door....
He’s deluded or gas lighting the country with his inane untrue statements.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
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- #664,785
- Jun 22, 2022 12:07am Jun 22, 2022 12:07am
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} Added some more higher 2250 and 60, will be holding all for a while like on chart, SL for all 2320 hard, fingers crossed{image}
People don't plan to lose. They lose because they don't plan.
- #664,786
- Jun 22, 2022 12:13am Jun 22, 2022 12:13am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
- #664,788
- Jun 22, 2022 12:17am Jun 22, 2022 12:17am
- Joined Dec 2015 | Status: Trader | 2,290 Posts
Trendlines H1,H4, SMC
- #664,789
- Jun 22, 2022 12:20am Jun 22, 2022 12:20am
- Joined Sep 2017 | Status: Trader | 11,377 Posts
{quote} Soo.. closed the shity ones, holding the best, protected, I wonna see minimum 1.21 better 1.20 and decide
- #664,790
- Jun 22, 2022 12:22am Jun 22, 2022 12:22am
- Joined Oct 2020 | Status: Trader | 14,074 Posts
Insane in the Brain..
- #664,792
- Jun 22, 2022 12:27am Jun 22, 2022 12:27am
- Joined Apr 2020 | Status: Offline | 3,298 Posts
{quote} Thank you PAT for bringing up such topics. below are my thought process on CPI. GBP CPI is 9 vs US 8.6 - seems GBP is worst than US in terms of inflation, and even if it stays at same level still remain worse. {image} Yet FED is more aggressive on Interest rates leading from 0.50 basis i.e 1.75 vs 1.25 {image} Conclusion: GU will go crazy bearish, because past two days the ADR has come down from 200 to 80's, perhaps waiting for news. Disclaimer: above are my thought process and can be wrong!
"Exchange of hands"
- #664,793
- Jun 22, 2022 12:27am Jun 22, 2022 12:27am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #664,795
- Jun 22, 2022 12:32am Jun 22, 2022 12:32am
- Joined Oct 2010 | Status: Trader | 21,486 Posts
Intraday only.
- #664,796
- Jun 22, 2022 12:33am Jun 22, 2022 12:33am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
i am long 
yes yes yes
- #664,797
- Jun 22, 2022 12:35am Jun 22, 2022 12:35am
- Joined Oct 2020 | Status: Trader | 14,074 Posts
i am long
Insane in the Brain..
- #664,799
- Jun 22, 2022 12:37am Jun 22, 2022 12:37am
- Joined Oct 2010 | Status: Trader | 21,486 Posts
Intraday only.
- #664,800
- Jun 22, 2022 12:38am Jun 22, 2022 12:38am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
Getting bad in UK now.
How's you guy travel in Public Transport back in London ?
How's you guy travel in Public Transport back in London ?
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104