World economy talk

[safeorigin]

meanwhile in Iceland... 26 bankers already sentenced to a combined 74 years in prison | Icelandmag

[Lady Bathory]

The Fed monetary policy statement tonight will be a non-event. I'm no longer hoping for a Fed rate hike to drive the dollar higher. Now I'm looking to other central banks to drive their currencies lower. Pressure is now on the BOJ to weaken the yen after the ECB talked the euro lower last week.

[Lady Bathory]

The BOJ disappoints.
BOJ Refrains From Adding Stimulus Even as Inflation, Growth Wane - Bloomberg Business

[Lady Bathory]

Probability of a Fed rate hike in December is now 70%.


My EURUSD 1.05 December target seemed like a longshot weeks ago. I was feeling lonely with my EURUSD short while everyone was predicting a stronger euro. Now my target is in sight.

[StockEngine]

this confirms eastwests' analyst prediction. hopefully it happens in 2016 not 2015 though.

[dreamur]

Probability of a Fed rate hike in December is now 70%.


My EURUSD 1.05 December target seemed like a longshot weeks ago. I was feeling lonely with my EURUSD short while everyone was predicting a stronger euro. Now my target is in sight.

Time to plan for a Euro vacay!

[Lady Bathory]

Recent comments from some ECB officials are making EURUSD shorters (like me) nervous. They're suggesting there's no need for more easing. Those comments kept EURUSD in consolidation mode. I guess it's because the euro has already weakened. A weak euro will help boost growth and inflation in the eurozone which is the ECB's goal. If the euro keeps falling before the December ECB meeting it could eliminate the need for more easing.

[Lady Bathory]

So far the Paris attacks has no impact on Fed rate hike expectations as Fed fund futures hold steady. EURUSD continues going in the direction i want it to go. U.S. dollar strength is across the board today and with dollar strength comes pressure on commodities.

[StockEngine]

So far the Paris attacks has no impact on Fed rate hike expectations as Fed fund futures hold steady. EURUSD continues going in the direction i want it to go. U.S. dollar strength is across the board today and with dollar strength comes pressure on commodities.

Will gold price go down after December? Maybe sub 1000?

[Lady Bathory]

Dollar index nears 100.