Mtl JP 22:50 GMT December 16, 2017
PAR 20:09 / CB do not have same value set like you or I might. Just as one consideration: they MAKE rules and laws unlike you or I who only either obey or break them.
"Money" to them is very clearly defined along line of value (or utility) vs price. I dare suggest that utility - serving a purpose like for example enslaving you to their dictates- is infinitely more important to them than price. They use price to merely deflect your attention from their bigger scheme. They wont care if you gag n choke or your indignation.
dc CB 22:36 GMT December 16, 2017
Truth or Dare
following the moves of previous presidents...make those anncmnts when no one is paying that much attention. 4th of July (intv Hillary), Labor Day, Memorial Day, New Years Eve.
Then this is a very probable event...what better time than the Friday before the very long Christmas Weekend/ Week to New Years.
Place your bets ladies and gents, Red or Black
Rumor Is That Trump Will Fire Mueller Before Christmas
PAR 20:09 GMT December 16, 2017
Draghi said ECB earned € 1.6 billion in interest /year on its bond portfolio.
With a balance sheet of € 4.4 trillion that comes to a return of 0.36 %.
With inflation running at 1.7 % it means that in real term the ECB lost
1.34 % on its portfolio or aproximately € 60 billion.
ECB in real terms losing € 60 billions a year can never be good for the European economy .
GVI Forex Blog 13:06 GMT December 16, 2017
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Commitment Of Traders Report for 12 December 2017 Data
Forex trading is all about stops. The Commitment of Traders Report (COT) is an imperfect, but useful, "sampling" of market positioning. I would prefer more frequent and precise readings, but we have to live with what we get. The data work for the purpose of getting an idea if traders are positioned long or short and if they in big or small.
EURUSD net long positions have been fluctuating up and down for months around a rough 80K contracts level. The heavy blue line (once a week spots) provides a useful perspective on the price action. In the latest week the market has recovered to a rough 1.1750 EURUSD level.
As the alternative reserve currency to the USD, keep in mind EUR positions are not just against the USD. EUR crosses vs. the JPY and GBP are critical. The European economy continues to improve and that should remain a EUR positive... MORE
Commitment Of Traders Report for12 December 2017 Data
Beirut Abb 10:55 GMT December 16, 2017
..the structure chart of last 20 days say 1.3172 is coming for usdcad..