23 all forex jobs in turkey way to 1. GBPCHF wants to rally from 1. Extra Extra Read All About It.
Bank is particularly data-dependent right now. Providing routine forward guidance in such a setting would not, in my view, enhance our credibility. Rather, it would put it at risk. High-Low-Close data for more than a dozen currency pairs for over seventeen years of data in an Excel spreadsheet format. 126, a tgt once barrier taken at 115.
IMHO – the “soft” civil war in the US has begun. 100wkma and 21month ma in play c. 50, a tgt on a wkly close below 130. And we will be as clear as we can be with financial markets, always guided by what we know and by what we do not know. 75 euro trying for low 1. 11575 can pull a rabbit out for bulls.
I prefer the dynamics of exchange rate to some prophesying on fundamentals altho I accept that the character’s mind-set and understanding of its functioning could be of useful help. I do give credit to poloz as – so far at least – being one of the clearest cb communicators: not much fuzzy bank-eez. The way I think I understand poloz is in light of current commercial trade tumult poloz has good reason to hold fire on raising rates. Also he is the character type who thinks lower cad is a good thing for exports even as lower cad plays nastily on price inflation domestically. So he is in a bit of between hard place and a rock. 33 near term resistance is around 1.
Trade-wise: should puppy break out to the N I d love to tp around 1. Last support on EUR is 1. If one took wfak’s amazing call 24 hours ago, should be up 100 pips now. Great view on 2750 gap yesterday . JP, any thoughts on Poloz’s speech? 75 HoD is the monday opening gap considered closed now ?