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Cable Update (GBPUSD)

  • #753,221
  • Jun 21, 2023 2:18am Jun 21, 2023 2:18am
Quoting Pat Chiko
{quote} Most Asia country are low inflation. The annual inflation rate in Malaysia slowed to 3.3% in April 2023 from 3.4% in March, matching market expectations. It was the lowest inflation rate since last May, mainly due to a slowdown in prices of foods (6.3% vs 6.9%) and transport (2.3% vs 2.4%). BTW, after last election ,we have put the former Primer Minister to jail. UK and US should do the same, then the country prosper....
Elect leaders that will end the US/Ukraine Russia war that is sucking resources out of North America and all of Europe to fund Biden's ego?
Note how Malaysia not involved in the war has low inflation.
  • #753,222
  • Jun 21, 2023 2:19am Jun 21, 2023 2:19am
Quoting BeeTogether
The Uk data was good but not great for the country, higher rates on the way, something tells me this is going to be an election issue for the Tory’s
Green data reads as red, out of control issue continues
  • #753,223
  • Jun 21, 2023 2:20am Jun 21, 2023 2:20am
checking usdx , price approaching better resistance to acts on ! and hence price try again 2700 one more time , even breaks 2699 to 2677 may get life to live comfort ! care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #753,224
  • Jun 21, 2023 2:24am Jun 21, 2023 2:24am
Waiting for the signal
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yes yes yes
  • #753,225
  • Jun 21, 2023 2:27am Jun 21, 2023 2:27am
Quoting dantpm
{quote} Elect leaders that will end the US/Ukraine Russia war that is sucking resources out of North America and all of Europe to fund Biden's ego? Note how Malaysia not involved in the war has low inflation.
I truly want to understand this selective bias people have. What in God's earth is US/Ukraine Russian war? What does it truly mean? The UK has been sending first grade fighter jets to Ukraine, Western Europe has been doing the same. In any case, Russia attacked first just like they did in 2008 and 2014 and then now. So why not call it Europe/US/Ukraine - Russian war?

Tomorrow Chairman Xi would attack Taiwan and destroy that place and here on FF we would call it US/Taiwan-Chinese war, even when Mr. Xi and China cast the first stone. I try so hard to wrap my head around this selective bias, or since I am medically inclined, selective amnesia might be the better word.
  • #753,226
  • Jun 21, 2023 2:29am Jun 21, 2023 2:29am
UK food inflation 18.4%, under 1% lower
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49% of adults buying less food, think about those in low budget.
  • #753,227
  • Jun 21, 2023 2:30am Jun 21, 2023 2:30am
Inflation rises

People blaming Government for printing money that cause hyperinflation.
They forget to blame themselves for keep spending money on unnecessary and luxurious things is one of the major reason money supply keep flowing into the market.

Supply Money
Demand Products
Price of Money drop
Prices of Products rise
Then blaming government and Central Bank for hyperinflation.
With courage, patience, and discipline, success is a matter of time.
  • #753,228
  • Jun 21, 2023 2:30am Jun 21, 2023 2:30am
CPI went UP 0.7% last month, that's 8.4% annualised. We now have 14 reads over 8.7% in a row.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #753,229
  • Jun 21, 2023 2:31am Jun 21, 2023 2:31am
Quoting Pat Chiko
Just came back from future ...
Is Putin still alive?
  • #753,230
  • Jun 21, 2023 2:32am Jun 21, 2023 2:32am
Quoting JameRomeo168
Inflation rises People blaming Government for printing money that cause hyperinflation. They forget to blame themselves for keep spending money on unnecessary and luxurious things is one of the major reason money supply keep flowing into the market. Supply Money Demand Products Price of Money drop Prices of Products rise Then blaming government and Central Bank for hyperinflation.
don't give up the day job.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #753,231
  • Jun 21, 2023 2:33am Jun 21, 2023 2:33am
Quoting Mitiblotch
{quote} I truly want to understand this selective bias people have. What in God's earth is US/Ukraine Russian war? What does it truly mean? The UK has been sending first grade fighter jets to Ukraine, Western Europe has been doing the same. In any case, Russia attacked first just like they did in 2008 and 2014 and then now. So why not call it Europe/US/Ukraine - Russian war? Tomorrow Chairman Xi would attack Taiwan and destroy that place and here on FF we would call it US/Taiwan-Chinese war, even when Mr. Xi and China cast the first stone. I try...
It's only diversion from the elite. They just want the " richest countries in the world to knee down.
Let me give you a hint...
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Keep trading and learning or keep learning and trading!
  • #753,232
  • Jun 21, 2023 2:35am Jun 21, 2023 2:35am
Quoting Mitiblotch
{quote} I truly want to understand this selective bias people have. What in God's earth is US/Ukraine Russian war? What does it truly mean? The UK has been sending first grade fighter jets to Ukraine, Western Europe has been doing the same. In any case, Russia attacked first just like they did in 2008 and 2014 and then now. So why not call it Europe/US/Ukraine - Russian war? Tomorrow Chairman Xi would attack Taiwan and destroy that place and here on FF we would call it US/Taiwan-Chinese war, even when Mr. Xi and China cast the first stone. I try...
Right now it is simply draining resources from Europe and the US with no chance of ending the conflict until the various leaders actually try to end it instead of prolonging it by throwing money at it.
  • #753,233
  • Jun 21, 2023 2:35am Jun 21, 2023 2:35am
Quoting Mitiblotch
{quote} I truly want to understand this selective bias people have. What in God's earth is US/Ukraine Russian war? What does it truly mean? The UK has been sending first grade fighter jets to Ukraine, Western Europe has been doing the same. In any case, Russia attacked first just like they did in 2008 and 2014 and then now. So why not call it Europe/US/Ukraine - Russian war? Tomorrow Chairman Xi would attack Taiwan and destroy that place and here on FF we would call it US/Taiwan-Chinese war, even when Mr. Xi and China cast the first stone. I try...
I'm in total agreement here..in fact look at the narrative the news in US had toward this dispute even.
When it first started it seemed like fiolks were calling Biden out for not acting...now it's the total opposite.
Putin is a criminal who needs to be extinguished,10 years he's been killing folks in Ukraine now.
  • #753,234
  • Jun 21, 2023 2:36am Jun 21, 2023 2:36am
G/M, Very 'sticky' inflation numbers out this morning from Uk. Y/day a bearish bodied hammer-esq type dly candle. A 3 fib cluster and wkly pivot @ y/day's lo, and now Dly S1.

1hr below
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Trader with an Edge.
  • #753,235
  • Jun 21, 2023 2:36am Jun 21, 2023 2:36am
Quoting arthurbolbos
{quote} It's only diversion from the elite. They just want the " richest countries in the world to knee down. Let me give you a hint... {image} {image} {image}
I know all this. So then, are we to say Putin is the best thing in town since sliced bread? He's done this before to Georgia. He's done it to Ukraine. He's taken swathes of Ukrainian land. So why exonerate him completely? This is the same man that disappears his opponents in Russia. If he was an African leader he'd be at the ICC now. I'm quite sure when China attacks Taiwan we'll somehow spin Xi to be a good man and the US to be the instigators.
  • #753,236
  • Jun 21, 2023 2:36am Jun 21, 2023 2:36am
Quoting Pat Chiko
{quote} Couldn't say more............. Core Inflation Soars to 7.1%, Reaching Highest Level in 30 Years! Means the cost of goods and services is increasing significantly, reducing consumers’ purchasing power. Wages are not keeping up ….. The UK is so screwed. Even UK BONDS tumble after UK CPI, 10-YR YIELD UP 10 BPS TO 4.44%. I think Bailey going to be doing emergency hike based on that data alone. Country is going to melt RIP jolly old England{image}
dont underestimate UK, all they need is another hit;
Inserted Video
You have an IQ lower than 90 if you interact with this user.
  • #753,237
  • Jun 21, 2023 2:38am Jun 21, 2023 2:38am
Quoting dantpm
{quote} Right now it is simply draining resources from Europe and the US with no chance of ending the conflict until the various leaders actually try to end it instead of prolonging it by throwing money at it.
You are correct. I simply want the blame to be placed on everyone involved.
  • #753,238
  • Jun 21, 2023 2:39am Jun 21, 2023 2:39am
Wtf was that drop
You have an IQ lower than 90 if you interact with this user.
  • #753,239
  • Jun 21, 2023 2:45am Jun 21, 2023 2:45am
Quoting dantpm
{quote} Elect leaders that will end the US/Ukraine Russia war that is sucking resources out of North America and all of Europe to fund Biden's ego? Note how Malaysia not involved in the war has low inflation.

WAR ?. What war ?
For all the U.S. investors in RTX got to keep the Ukraine war going for another 10 years.
The reason for war.
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The end result
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Ukraine is the “Club” for UK & US Politician to make make $$$$ exclusively.
The wallet is the Taxpayers.............
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Both sides gold digger
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #753,240
  • Jun 21, 2023 2:47am Jun 21, 2023 2:47am
Quoting Mitiblotch
{quote} You are correct. I simply want the blame to be placed on everyone involved.

Blame isn't going to end the conflict.

Look into ways to avoid future problems by better understanding what went into causing this conflict.

Look for creative ways to try to avoid the China Taiwan conflict that appears to be unavoidable at this point in time where everyone involved in the conflict will be a loser just like the Ukraine conflict.
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