Market is tough these few days due to uncertainty. But I'm bullish on dollar.
Exhausted 
4
Cable Update (GBPUSD)
- #796,661
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Exhausted
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #796,664
- Dec 13, 2023 3:18am Dec 13, 2023 3:18am
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Market is tough these few days due to uncertainty. But I'm bullish on dollar.
we need to be very patient and wait for the target to stop moving and take that one clean shot and one kill ... type of trade
tonight would be PMI sniper trading
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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- #796,669
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Calender Before the main event, the FOMC meeting later today, we have an intermediate event with the release of PPI data. However, it's unclear why we need PPI data when CPI data was already announced earlier. Difference in CPI and PPI CPI: Measures the average change in prices of goods and services purchased by consumers over a specified period. It reflects the inflation experienced by individuals in their everyday lives. PPI: Measures the average change in prices received by producers (businesses) for their output. It reflects inflation at the...
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- Dec 13, 2023 3:49am Dec 13, 2023 3:49am
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- #796,671
- Edited 4:02am Dec 13, 2023 3:51am | Edited 4:02am
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{quote} I'm still biasedly downtrend. Based on Tuesday's classical, prices already hint bearish for tomorrow. Tuesday is for weekly trend for me. Closed lower than opened sessions. Just a personal opinion. {image}
. I'm still biasedly bearish for Gold. Trade safe.
Look right, we'll see the signs
- #796,674
- Dec 13, 2023 3:57am Dec 13, 2023 3:57am
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Boring 
yes yes yes
- #796,675
- Dec 13, 2023 3:58am Dec 13, 2023 3:58am
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Taking its time to break down 1.252
- #796,676
- Dec 13, 2023 4:01am Dec 13, 2023 4:01am
{quote} It's BeeTogether and BrainBucks 1.253 magnet!
but you know it’s not an ideal world
- #796,677
- Dec 13, 2023 4:04am Dec 13, 2023 4:04am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
Oil Crash Threatens Petrodollar Dominance: A Perfect Storm?
Before the FOMC conference tonight, I'd like to highlight the potential for an oil crash.
Oil has been under selling pressure for the past month due to a combination of factors
How does it effect PetroDollar ?
Potentiallly consequences for the US dollar.
Declining Oil Prices: Oil prices are experiencing a significant downward trend, putting pressure on one of the traditional sources of dollar demand.
Jay Pow's Rate Hike: The Federal Reserve's anticipated interest rate hike tomorrow could further weaken the dollar by increasing the yield on alternative currencies.
Bank of Japan's Actions: Japan's recent sale of US dollar bonds indicates a potential shift away from dollar dominance in global reserves.
Ponzi Scheme Concerns: Some believe the dollar's link to oil has artificially inflated certain assets, creating a potential bubble.
Treasury Bond Collapse: The decline in oil prices and the Bank of Japan's actions may lead to a significant drop in US Treasury bond yields.
Reserve Currency Shift: The lack of an oil anchor for the dollar raises concerns about its long-term viability as the global reserve currency.
Implications:
These developments suggest a potential shift in the global financial system, with the dollar's dominance likely to face challenges.
The US Treasury bond market could also experience significant turbulence.
Questions Raised:
Does the Federal Reserve's rate hike solely aim to address inflation, or is it also a strategic move to maintain the dollar's strength?
Is the era of the dollar as the undisputed global reserve currency nearing its end?
However........
The stock market hasn't reacted much to the talk of a dollar crash, even though professional investors are aware of the economic situation.
This is different from past events like regional bank collapses which caused major sell-offs.
Are they driving it up to crash those ? 
We wait for Jay Pow to speak later.
Before the FOMC conference tonight, I'd like to highlight the potential for an oil crash.
Oil has been under selling pressure for the past month due to a combination of factors
How does it effect PetroDollar ?
Potentiallly consequences for the US dollar.
Declining Oil Prices: Oil prices are experiencing a significant downward trend, putting pressure on one of the traditional sources of dollar demand.
Jay Pow's Rate Hike: The Federal Reserve's anticipated interest rate hike tomorrow could further weaken the dollar by increasing the yield on alternative currencies.
Bank of Japan's Actions: Japan's recent sale of US dollar bonds indicates a potential shift away from dollar dominance in global reserves.
Ponzi Scheme Concerns: Some believe the dollar's link to oil has artificially inflated certain assets, creating a potential bubble.
Treasury Bond Collapse: The decline in oil prices and the Bank of Japan's actions may lead to a significant drop in US Treasury bond yields.
Reserve Currency Shift: The lack of an oil anchor for the dollar raises concerns about its long-term viability as the global reserve currency.
Implications:
These developments suggest a potential shift in the global financial system, with the dollar's dominance likely to face challenges.
The US Treasury bond market could also experience significant turbulence.
Questions Raised:
Does the Federal Reserve's rate hike solely aim to address inflation, or is it also a strategic move to maintain the dollar's strength?
Is the era of the dollar as the undisputed global reserve currency nearing its end?
However........
The stock market hasn't reacted much to the talk of a dollar crash, even though professional investors are aware of the economic situation.
This is different from past events like regional bank collapses which caused major sell-offs.
Are they driving it up to crash those ?
We wait for Jay Pow to speak later.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #796,678
- Dec 13, 2023 4:08am Dec 13, 2023 4:08am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
I took short gold because gu is sleeping
1985 will be the high of the day
It can false break it 
1985 will be the high of the day
It can false break it
yes yes yes
- #796,680
- Dec 13, 2023 4:12am Dec 13, 2023 4:12am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
{quote} PPI is supposed to measure both prices paid by producers and prices paid to producers if I remember correctly.
Therefore is it generally correct to say that PPI leads CPI in inflation measurement. ?
As I understand it it correctly;
PPI data reflects price changes at the wholesale level, before goods reach consumers.
This means PPI captures inflation earlier than CPI, which measures the prices consumers pay at the retail level.
Producers tend to adjust their prices to reflect changes in their input costs, such as raw materials and energy.
These changes are reflected in PPI data before they are passed on to consumers through higher retail prices.
Empirical evidence shows that PPI often rises before CPI, making it a leading indicator of future consumer inflation.
However, it's important to note that:
The lead time between PPI and CPI changes can vary depending on the specific industry and product.
Other factors, such as consumer demand and competition, can also influence retail prices. Therefore, PPI should not be considered a foolproof predictor of future CPI inflation.
In summary, PPI generally leads CPI in inflation measurement, providing an early signal of future inflationary trends.
Do you think Jay pow will look at PPI first before making annoucement of Rates adjustment ?.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104