piphoe
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All the time I see small moves like this. It can also be correlations such as the dollar weakening which is what is currently happening
algos playing the short term?
All the time I see small moves like this. It can also be correlations such as the dollar weakening which is what is currently happening
You really need to take a breathe and stop blaming for your losses. It isn't going to end well for you.the EURO run up for last two hrs and who knows how much longer, who anticipated that?
its aholes running stops, the likely explanation
why? because they can.
no economics needed, its not "noise"
noise doesn't look like that
Could be worse, you could be long bitcoin and be down 9%
Firstly, the ecb is only going to start hiking rates through next summer. They have negative rates while the fed has been hiking and continues to hike. This has driven the euro lower against the usd for a while now. Note however the dxy has failed to break the 95 and what you have here is a short term top forming. Unless new data drives price through that level the usd is slowly going to lose momentum. It's a crowded trade and this is partly a reason why I am in gold which inverse of the dollar is at a very good level. Other reasons is momentum is building between USA, China, eu and others. US markets at all time highs so as far as I am concerned the playing field has been set for any trigger towards risk off sentiment.EURO won't fall here, do you know why>
because they have us weak shorts by the balkls...
no way they drop it here, more squeeze aholes
nothing to do with GNP(gross national product)
Sorry I posted on the wrong thread ignore this mgs