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Forex Forum Archive for 05/21/2016

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dc CB 21:52 GMT May 21, 2016
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"My generation gave former tenured economics professors discretionary authority to fabricate money and to fix interest rates.

We put the cart of asset prices before the horse of enterprise.

We entertained the fantasy that high asset prices made for prosperity, rather than the other way around.

We actually worked to foster inflation, which we called 'price stability' (this was on the eve of the hyperinflation of 2017).

We seem to have miscalculated."

Jim Grant

dc CB 21:46 GMT May 21, 2016
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“Think of how stupid the average person is, and realize half of them are stupider than that.” – George Carlin

dc CB 16:53 GMT May 21, 2016
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" Clem boards a bus full of clueless clowns going to The Future Fair ("A fair for all and no fair to anybody!")

While the fair is a smooth-running machine spouting revisionist historical/political dogma and doing its best to maintain order on the fairgrounds, nothing is what it seems""

dc CB 15:45 GMT May 21, 2016
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June 15, 2016, 2:45PM

Mtl JP 15:23 GMT May 21, 2016
BREAKING NEWS

GVI Forex john bland 18:35 GMT May 13, 2016
BREAKING NEWS: Reply
Canadian G7 official
- forex will not be a dominant issue at upcoming G&

-- Source:TTN

--
cretins to the left... cretins to the right ... cretins behind and cretins ahead of me = trade opportunities to make posi-pips:

U.S., Japan clash over yen policy at G-7 meeting - May 2

GVI Trading Room john 11:28 GMT May 21, 2016
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nh- I have nothing but the greatest respect for your opinions. My "default setting" was meant to be for June or July. I think the FED guys are on the defensive and now will be trying to make up for their earlier error. In betting its called doubling down!

GVI Forex Blog 11:04 GMT May 21, 2016
Fed Rate Hike Now Imminent
Reply   

John M. Bland, MBA

Fed Clears The Air
The latest week saw an unusually consistent set of comments by Fed officials

Fed Rate Hike Now Imminent

Mtl JP 10:03 GMT May 21, 2016
BREXIT

Few years back Cameron warned that Junker - a drunk, anti-British, European arch-federalist - could hasten Britain’s exit from the EU.

Here is another good - excellent - reason for UK to get shot of the EU:

British ‘deserters’ will not be welcomed back into Europe – European Commission president


« Brexit » : « Les déserteurs ne seront pas accueillis à bras ouverts », prévient M. Juncker

GVI Forex Blog 01:20 GMT May 21, 2016
Forex Trading Outlook for the Week Ahead
Reply   

The Fed has put a rate hike back on the radar and the forex market has acted accordingly by taking the dollar higher. At a minimum, this should put a limit on the dollar downside in what should be a data dependent market going forward. In the coming week, the US economic calendar is relatively light with 2nd tier reports. Several Fed officials are due to speak, including Yellen.  See key levels to watch in my week ahead outlook video. 

Forex Trading Outlook for the Week of May 23, 2016

 

 




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