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EurAnalysis Kindergarten 24 replies
DislikedBut what if we get tomorrow good canadian data and bad us one?
still didn't enter any uc trades, waiting for tomorrowIgnored
DislikedThat's why I recommend to squeeze the package to make sure there's no surprises before proceeding.Of course unless your Chinese. Chinese like surprises.
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DislikedGood US data = USD Bullish
Good CAD data = CAD Bullish
Good US and CAD data = U/CAD sideways
Good USD and bad CAD = U/CAD bullish
However, what's bad for USD is also bad for CAD (Except for QE3 which is a pipe dream). So even if we get bad US data and good CAD data, U/CAD will not be bearish. U/CAD will only be bearish if we get a major rally in commodities (oil & gold) while the USD is bearish. It's a bit complex but it makes sense to meIgnored
DislikedThat's why I recommend to squeeze the package to make sure there's no surprises before proceeding.Of course unless your Chinese. Chinese like surprises.
Ignored
DislikedGood US data = USD Bullish
Good CAD data = CAD Bullish
Good US and CAD data = U/CAD sideways
Good USD and bad CAD = U/CAD bullish
However, what's bad for USD is also bad for CAD (Except for QE3 which is a pipe dream). So even if we get bad US data and good CAD data, U/CAD will not be bearish. U/CAD will only be bearish if we get a major rally in commodities (oil & gold) while the USD is bearish. It's a bit complex but it makes sense to meIgnored
DislikedAnother +100 pips on G/U. Thank you ma'am. May I have another? 250 pips today. Still have open U/CAD long.Ignored
DislikedAnother +100 pips on G/U. Thank you ma'am. May I have another? 250 pips today. Still have open U/CAD long.Ignored
DislikedHi swissDo you know the ECB cut the rate only and the stimulus?
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DislikedLuis,
ECB cut key interest rat 25 basis point to .75%, as well as overnight deposits 25 basis point to zero. No LTRO or other stimulus.Ignored