I remember last year same time now Euro spiked over 150 pips then crashed down once regular market liquidity came back.
With thin liquidity it is easier to push manipulate price.
Real CAD price is lot lower once market comes back in full force in Jan anticipate rabid decline.
USD is bought through the gills cross the board and everything is poised for corrections.
GU 150+ EU 1.10+AU 173+UC 132 coming in Jan
If Yellen can boast unemployment numbers based on holiday part time workers (age group 50+) then fine but what happens when thousands will get a pink slip once holiday season is over and add Oil sector decline thousands more will get lay off.Chevron already cut 10k jobs and more coming.
Won't surprise me if we go back to Zero rates soon.
She knows the real truth real unemployment in US is not 5% its more like 10-12%
Most states once your unemployment benefits expires you are not counted in stats and hence become "slack in labor market"
With thin liquidity it is easier to push manipulate price.
Real CAD price is lot lower once market comes back in full force in Jan anticipate rabid decline.
USD is bought through the gills cross the board and everything is poised for corrections.
GU 150+ EU 1.10+AU 173+UC 132 coming in Jan
If Yellen can boast unemployment numbers based on holiday part time workers (age group 50+) then fine but what happens when thousands will get a pink slip once holiday season is over and add Oil sector decline thousands more will get lay off.Chevron already cut 10k jobs and more coming.
Won't surprise me if we go back to Zero rates soon.
She knows the real truth real unemployment in US is not 5% its more like 10-12%
Most states once your unemployment benefits expires you are not counted in stats and hence become "slack in labor market"
In trading, you have to be defensive and aggressive at the same time