fxfox Posted October 28, 2022 Report Share Posted October 28, 2022 Trump: Twitter in sane hands now. He meant: INsane. Link to comment Share on other sites More sharing options...
DrStool Posted October 28, 2022 Author Report Share Posted October 28, 2022 40 minutes ago, fxfox said: I think they were actually a seller of US Tressuries. That was a part of their intervention, to sell USD denominated assets. Splain me how that works. BoJ sells Treasuries and gets USD. Then what? It then sells the USD? That would only strengthen the yen. Is that their goal? To strengthen the yen? Link to comment Share on other sites More sharing options...
DrStool Posted October 28, 2022 Author Report Share Posted October 28, 2022 Meanwhile, it just dawned on me that I never drew a red channel this morning. Well here it is. Link to comment Share on other sites More sharing options...
DrStool Posted October 28, 2022 Author Report Share Posted October 28, 2022 Oscillators look very bullish. Link to comment Share on other sites More sharing options...
DrStool Posted October 28, 2022 Author Report Share Posted October 28, 2022 Quelle est la raison du jour pour le rallye? Link to comment Share on other sites More sharing options...
DrStool Posted October 28, 2022 Author Report Share Posted October 28, 2022 3 minutes ago, DrStool said: Splain me how that works. BoJ sells Treasuries and gets USD. Then what? It then sells the USD? That would only strengthen the yen. Is that their goal? To strengthen the yen? Well, I guess it is. But I'm not sure why. The weaker the yen, the more shit they can export. Link to comment Share on other sites More sharing options...
DrStool Posted October 28, 2022 Author Report Share Posted October 28, 2022 I admit, I don't understand currency speculation and manipulation. I do understand that currency values are determined by the relative rate of money printing between central banks. The Fed is draining money faster than the ECB or BoJ, therefore the USD should continue to trend higher against them. Link to comment Share on other sites More sharing options...
fxfox Posted October 28, 2022 Report Share Posted October 28, 2022 29 minutes ago, DrStool said: Splain me how that works. BoJ sells Treasuries and gets USD. Then what? It then sells the USD? That would only strengthen the yen. Is that their goal? To strengthen the yen? Yes. They wanted to bring USD/JPY down. So they have to sell USD. Link to comment Share on other sites More sharing options...
PullMyFinger Posted October 28, 2022 Report Share Posted October 28, 2022 50 minutes ago, DrStool said: Oscillators look very bullish. Another great call Doc. Tu eres en fuego esta semana! Link to comment Share on other sites More sharing options...
PullMyFinger Posted October 28, 2022 Report Share Posted October 28, 2022 Look at AAPL go. Yikes. Link to comment Share on other sites More sharing options...
DrStool Posted October 28, 2022 Author Report Share Posted October 28, 2022 2-3 day cycle projection 3910. I was wrong. Link to comment Share on other sites More sharing options...
DrStool Posted October 28, 2022 Author Report Share Posted October 28, 2022 17 minutes ago, PullMyFinger said: Another great call Doc. Tu eres en fuego esta semana! Don't look at me. I have no idea what's going on here. Link to comment Share on other sites More sharing options...
fxfox Posted October 28, 2022 Report Share Posted October 28, 2022 They frontrun that Poopwell will be dovish next week. That‘s all. They will be proven right. FED shits in their pants. BUT: It will take a long time till they CUT rates. Till that happens those rate hikes from 2022 will work their way thru the real economy and gonna cause lotsa damage. Link to comment Share on other sites More sharing options...
fxfox Posted October 28, 2022 Report Share Posted October 28, 2022 I think the 2008 analogy is dead. This becomes either a 2000-2003 bear or the low is in. Link to comment Share on other sites More sharing options...
sandy beach Posted October 28, 2022 Report Share Posted October 28, 2022 IMHO the Fed is raise rates 75 or 50bps. I can't see them not raising rates with inflation this high. TBAC will take care of the long bond issues instead. Link to comment Share on other sites More sharing options...
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