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Forex Forum Archive for 01/19/2021

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Mtl JP 23:30 GMT January 19, 2021
Yellen Testimony

IF u have only 30 minutes to spare ...
it is not important nuff 2 u

Caribbean! Rafe... 21:00 GMT January 19, 2021
Yellen Testimony

Sorry, forgive me. Genuine typo. Bed = Debt.


Caribbean! Rafe... 20:44 GMT 01/19/2021 - My Profile
Let us give them hope!!. They have a massive deficit gap to close!.

Tell me one thing, why is debt so high! I have only 30 minutes to spare.

Caribbean! Rafe... 20:44 GMT January 19, 2021
Yellen Testimony

Let us give them hope!!. They have a massive deficit gap to close!.

Tell me one thing, why is bed so high! I have only 30 minutes to spare.

Mtl JP 19:07 GMT January 19, 2021
Mkt

EURO -ish
-
stuck. beween 1.2150 and 1.21

Mtl JP 19:03 GMT January 19, 2021
Yellen Testimony

The is a lot of time-space between janet's testimony and her "broadening economic recovery supported by vaccine rollouts” hallucination

PAR 19:01 GMT January 19, 2021
Wall Street - Yellen
Reply   
We love you Yellen like we loved Trump and Mnuchin.

You may give speeches but Wall Street decides.

Mtl JP 16:46 GMT January 19, 2021
Yellen Testimony

DJIA currently up ~100pts in its enthusiasm for janet and sleepy

Mtl JP 16:42 GMT January 19, 2021
Yellen Testimony

GM partnering with gates' microsoft software
is it not bad nuff that chinese covid gift is killing 100's of thousands of murrikans ?

dc CB 16:22 GMT January 19, 2021
Yellen Testimony

Yellen: Biden wants to create a robust electric vehicle market, and ensure workers have the skills to build EVs.

Yellen: Electric vehicles are a good way to address climate change, and create good jobs for Americans.

(take a look at GM---what's good for GM is good for the country)

Mtl JP 16:06 GMT January 19, 2021
Yellen Testimony

the comedy
-
150,000 US flags planted where typically ~200,000 enthusiastic murrikans assist the theater

dc CB 16:05 GMT January 19, 2021
Yellen Testimony

interesting.

In anticipation of Wednesday’s inauguration, 25,000 National Guard have been deployed in and around D.C. to defend against right-wing mobs or would-be assassins. Three or four times as many troops are here in D.C. as there are U.S. troops in Afghanistan, Iraq and Syria combined.

Mtl JP 16:04 GMT January 19, 2021
Yellen Testimony

with her trail record of for-fee speeches
"I believe the benefits will far outweigh the costs, especially if we care about helping people who have been struggling for a very long time," she said in the statement, which was obtained by Reuters.

yellen's ilk's minds are dancing with expanded visions of recent "insergency" in washington so her delegated task is now to keep the plebs who have nothing more to lose from rising and going for "policymaker"s heads

PAR 15:45 GMT January 19, 2021
Yellen Testimony

The social welfare secretary?

Mtl JP 15:28 GMT January 19, 2021
Yellen Testimony

Her advantage is that her moaning tone of voice is barely bearable
so she ll likely "gain" by by journalists'-sanitized interpretations

dc CB 15:02 GMT January 19, 2021
Yellen Testimony

She's baaaaaaaack

How ya all doin' guys and gals

GVI Forex 14:52 GMT January 19, 2021
Yellen Testimony
Reply   
Due to start shortly

Hk Ab 14:44 GMT January 19, 2021
Gold
Reply   
Housewife just bought gold 1838 claiming that usd index is weak.

GVI Forex 14:39 GMT January 19, 2021
AT EURUSD Update
Reply   
As posted on the AT Forum:

EURUSD 1.2141

Tuesday
GVI Forex 14:31 GMT 01/19/2021 - My Profile
Next AT EURUSD level 1.2146

So far pausing just below it

The Amazing Trader

PAR 14:25 GMT January 19, 2021
US STOCK MARKETS
Reply   
Looks like the US stock markets want to make a tribute of honour to their beloved president Trump.

PAR 14:17 GMT January 19, 2021
GERMANY

Superstrong German numbers boosting the Euro.

ECB should consider stopping with negative rates. It just makes no sense. It is a counterproductive measure making real estate unaffordable
and European yougth no longer learn the concept of compounded interest let alone negative compounding rates.

dc CB 14:11 GMT January 19, 2021
Mkt

Really she's thinking---not a single one of these senators has the stones to dare ask Gammy a tough question.

PAR 11:45 GMT January 19, 2021
Mkt

Après moi la déluge.

That's what Yellen is thinking.

Israel MacroMicro 11:26 GMT January 19, 2021
eurusd

viies

planning to sell 1.22 area with 50 pips stop?
probably tomorrow?

jkt abel 10:24 GMT January 19, 2021
Mkt

so here comes the Avengers led by Yellen?

Mtl JP 10:22 GMT January 19, 2021
Mkt

smartest thing
-
Yellen says smartest thing to do now is ‘act big’ to help struggling Americans

With interest rates at historic lows, benefits will far outweigh the costs, Biden’s pick for top Treasury job will tell Senate

..."n testimony prepared for delivery to the Senate Finance Committee on Tuesday, Yellen said that she and the president-elect have an appreciation for the country’s debt burden.

“But right now, with interest rates at historic lows, the smartest thing we can do is act big,” Yellen said. “I believe the benefits will far outweigh the costs, especially if we care about helping people who have been struggling for a very long time.” ...

Published: Jan. 18, 2021 at 6:47 p.m. ET
By Greg Robb

Mtl JP 10:14 GMT January 19, 2021
Mkt

EURO 1.21273
DLRx 90.46
-
inverse cross-correlation currently working

Mtl JP 10:11 GMT January 19, 2021
Mkt

IEA cuts 2021 oil demand forecast
-
Brent: 55.38
WTI: 52.61

Mtl JP 09:59 GMT January 19, 2021
Mkt



DLRx 90.51
sitting on Support
-
most everyone should know what typically happens to the DLR when stocks climb uP

Mtl JP 09:53 GMT January 19, 2021
Mkt

Sentiment
DLRx 90.51
-
market already discounting biden's $1.9 trillion call and janet "market-driven exchange rate" yellen's screams for Congress to do more ("act big") to fight pandemic recession:

stocks uP, bonds yield uP (1.11%), DLR shorts building.

PAR 09:45 GMT January 19, 2021
GERMANY
Reply   
German numbers are almost always better than expected.

Looking for better than expected strong ZEW.

Tallinn viies 08:46 GMT January 19, 2021
eurusd
Reply   
good morning,
euro yesterday made again lower high and low. closed first day below 50 day sma. BUT jumped sahrply today after taking out previous day high. target today 1,2145. Previous day low should hold today.
maybe 5-10 points could widen below if taken.
weekly low so far 1,2054. +150 points up would show 1,2204 TARGET for this week. but not today. if upside doesnt work out then weekly high so far 1,2118. downside would be 1,1968. this is not preffered currently.

london red 08:23 GMT January 19, 2021
RISK ON

5 yards of 1.22 euros at todays expiry. also a few yeards from 1.2150 up to 1.22. yesterday didnt close below 38.2 fib of 1.2064 which is helping sentiment as well as risk of yellen later.

PAR 07:13 GMT January 19, 2021
RISK ON
Reply   
Biden's $ 6 trillion to support the markets and the US economy. ¥€$ he can.

Central Kwun 06:22 GMT January 19, 2021
yesterday 1802 was false break
Reply   
Buy Gold
Entry: 1838 Target: Stop: 1823

yesterday 1827 buy was 100% right, bottom is seen, buy

Mtl JP 01:30 GMT January 19, 2021
usd

CNBC

Janet Yellen, U.S. President-elect Joe Biden’s nominee to run the Treasury Department, will tell the Senate Finance Committee on Tuesday that
- the government must “act big” with its next coronavirus relief package. - In her prepared testimony, Yellen also says the U.S. economy must be rebuilt “so that it creates more prosperity for more people and ensures that American workers can compete in an increasingly competitive global economy.”

“I believe the benefits will far outweigh the costs, especially if we care about helping people who have been struggling for a very long time,” she said in the statement, which was obtained by Reuters.

(Reuters) Yellen says U.S. must ‘act big’ on next coronavirus relief package
JAN 18 20214:34 PM EST

Mtl JP 01:22 GMT January 19, 2021
usd



I still like the USDx lower
my opinion (yes) of suggestions that market players continue culling their DLR shorts is that they are not yet in a hurry to turn their shorts.
-
never mind the installation of sleepy joe (market knows)
never mind what allegedly janet will not say
never mind that various corners of the web suggest that high command is furtively busy scrutinizing and combing thru the 20,000 guards(wo)men for "white supremacists/neo-nazis/etreme right-ist" (american patriots)

lakewood jjlkwd 00:56 GMT January 19, 2021
usd

seems like operative word was "unconfirmed"

Mtl JP 00:49 GMT January 19, 2021
usd

jjlkwd 23:21 Gold zzzzs , crude zzzs, usdyen .... ditto

dc CB 00:31 GMT January 19, 2021
about those 'stimmie' checks

Chris Hedges talks to Pulitzer prize-winning journalist Glenn Greenwald about the incoming Biden administration and what it will mean for a country in crisis, ravaged by a pandemic it cannot control, hostage to corporate power and bifurcated into warring factions.

26mins

Biden Admin - Redux Deep State, Empire & Censorship

 




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