USD Forum

razo2 : is expected. means inflation is not gone.

102779741OP razo2: I see it bearish for equity with a strong dollar.

razo2 102779741OP: yes correct.

神秘人传说 : 是好还是不好

日交易 神秘人传说: 比预期多出2万 对美金利好对黄金利空

FXfervorOP 神秘人传说: The data is better than expected. This reveals that the US labour market remains strong. However, it might also signal that Fed might not start easing the policy so soon

103417247 : hi

razo2 : oversold like hell. likely to catapult.

102779741OP razo2: It is only going to rise further. Max 104-106. Before going higher or drop below 103

Solomon Grauer : Aluminum these nuts

浦东机场给你电话 : 感谢分享

williamlow85 : Normally usd green stocks dip … not sure how it actually inverse .. people sold bond move to stocks ?

razo2OP williamlow85: sometimes is not always 100% the same thing that will play out immediately. you are right USD goes up stock goes down. but if you see the market back in June, July, August this year market totally ignore the USD and yield. rally all the way until blow out top.  if you stick to fundamental you be fine.
also now that the economic data is getting worse, you see more retail investors buying US bonds and recession stocks but not by alot. that explains why the yield is dropping with the USD.
overall market RSI is still in a mess. I know what you mean yesterday but I did tell you don't underestimate idiots buying the stock to force the market to rally. let them rally then MM will burn them when the time is right.
like I said many time the retail investors don't decide when the market falls. it was never like that before it won't be like that now.

williamlow85 razo2OP: Very knowledgeable answer . Most of the event dip and bull had spot on by you in advance . Are you in the financial banking sector ?

razo2OP williamlow85: no. oil and gas. we look at both bonds and market closely. oil and gas is precious commodity we don't hype things up and get burned for something we cannot replace. we learned this back in 2015/2016, it was a very very very bitter lesson. most of my friends in the oil and gas sector lost their job back then. I was lucky enough to keep it.

razo2OP williamlow85: oil and gas been working hand in hand with banking. we take loans to drill for exploration. that rigs don't come cheap.
we spend 100k USD a day (jack up rigs) to rent the rig alone. not including offshore crews and offshore rates. modern floating rigs cost way more to rent.
with high interest rates upstream exploration is killed already. mid stream is struggling with high expenses due to increase in wage and inflation.

Asphen : will not specifically say it but it does point to a pause.
and a cut is when teh market will crash.

SpyderCallOP Asphen: exactly