[GVI Forex 2]

USDCAD 1 HOUR CHART –Key levels cited.

Failed to hold 1.44+ as USDCAD was more of a follower than a leader.

Key levels are clear 1.4339-1.4410 asa wait is now on for the US jobs report on Friday.

[Mtl JP]

post-minutes release 10-yr yield is down off its day high

despite the scardy FED gang trying to lay blame for potential higher inflation on donald and his team

[Mtl JP]

xi needs to have his head squished and he needs to become respectful
the only way to do that is to help him have visions of chinese unemployed peasants prancing in the streets

[Anonymous]

xi jinping is a good guy for his country no doubt and I have no grudge against him or his country but then why does he deny the truth of the under performance of his country’s economy.

[Anonymous]

January 8, 2025 at 5:23 pm #17364

Como// who created bitcoin?

[GVI Forex 2]

[GVI Forex 2]

From a Reuters article

Sterling and UK gilt prices tumble, pushing 10-year yield to highest since 2008

[Anonymous]

Hijacking Bitcoin: The Hidden History of BTC

Roger Ver and I tell the tragic story of the Bitcoin takeover, how a small group of insiders took over the project and inverted its original design. Extremely well-sourced with over 280 references. Prepare to have your faith in Bitcoin shaken.

[Anonymous]

Xi Jinping Muzzles Chinese Economist Who Dared to Doubt GDP Numbers

Gao Shanwen questioned Beijing’s ability to boost its economy as threats loom from a property meltdown, burgeoning debt and other challenges – WSJ

 

[Mtl JP]

12:00 / In exactly 12 days hence donald will be inaugurated , yet again
to the chagrin of some, mostly deep-state types
unless … donald slips on a banana peel or chokes on a pea in his soup beforehand

[Mtl JP]

14:00nyt – U S FOMC Meeting Minutes

[GVI Forex 2]

At this tine in the new year markets are not fully back to normal liquidity and have trouble absorbing flows, which may acciount for the sell-off in UK bonds and GBP.

It may turn out to be morr fundamwntal but whatever the case just keep in mind the liquidity factor.

[Anonymous]

…not everything waller believes is true…

[Mtl JP]

10-yr 4.691

feels toppish

[Belgrade Bobby]

BTCUSD Daily

Support at 94.350.00 almost met.

Pattern calls for continuation of downward momentum and attack at 91.300.00 – very important Support – loss of this one turns the picture into Bearish one for now, and opens the road to 87.400.00.

However if it holds and proves to be a tough cookie, Upward Angle would be preserved and we might see renewed attempts higher.

[Mtl JP]

new narrative … hihihi
–
🌐
bloomberg.com • 3 hours ago
Fed’s Waller Supports Further Interest Rate Cuts, Says Inflation Moving Lower – Bloomberg
Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool toward the central bank’s 2% target … blablabla

–

DLRx at 108.98 — heed price moving energies

[Anonymous]

Anyhows,.,.. The new narrative is to buy dollar on blips especially on the large ones, once in profit and locked in then hedge it for the medium term, and secure the hedge as well. Use the balance of margin into buying weekly issues of paper a little at a time and keep turning over the cash.

[Anonymous]

The bond giggleante’s nowadays see the benefits of buying short term paper and some of them I heard have have built ladders to take advantage of the bond fiddleante’s misdeeds. hmmph… all that talk about bond’s laundyas…

Buffett has hundreds of billions parked in paper for good reason.. He is the richest man in the world no doubt and is sitting on a mountain of cash, musk they say is the world’s richest but his is notional wealth and not even a close comparison to buffett… IMO.

[Mtl JP]

What is Bond vigilante – I prefer wiki’s explenation:
Wikipedia
March 20, 2024 – A bond vigilante is a bond market investor who protests against monetary or fiscal policies considered inflationary by selling bonds, thus increasing yields.

[GVI Forex 2]

Weak link remains GBP (EURGBP last .8345)

EURGBP bid out of the cross is in an offered market unless 1.0320+

[GVI Forex 2]

Guess where EURGBP topped out?

If you guessed at the Power of 50 (.8350), you were correct

Last .8335

[GVI Forex 2]

FWIW EURGBP buy order is still in the market so it seems …created a tug of war EURUSD vs GBPUSD

[GVI Forex 2]

Weekly claims 291K

[GVI Forex 2]

AGP misses on downside… yawn reactuin

[GVI Forex 2]

Next up

ADP, Weekly Jobless Claims

See our Economic Calendar

[Anonymous]

5.75% yield is on the cards, The current yields are the eye before the rest of the storm.

Yields would be stable at around 9.54% before a run up to and all the way up to 12%-13% and a further run on bonds to the extreme 16% yield.

[Anonymous]

COL. Douglas Macgregor : Will Germany leave NATO? Will Israel Invade Egypt?

The New Neo Colonial World is next?

[Mtl JP]

still 12 days and 6 hours to inauguration

and trump is wagging markets with yakking about declaring an econ emergency

IF I were the BoE I d stand aside and let market work itself out

[GVI Forex 2]

What is a bond vigilante?

A bond vigilante is a fixed-income trader who sells bonds or threatens to sell them to influence the policies of the issuer. The term was coined by Ed Yardeni in the 1980s.
Bond vigilantes can:

Drive down prices and increase yields

When bond vigilantes sell large amounts of bonds, the price of bonds decreases and the yield increases. This makes it more expensive for the issuer to borrow money.

Discipline excessive government spending

Bond vigilantes can demand higher sovereign debt yields to discipline excessive government spending.

Bring attention to the bond market’s reaction

The term can be used as a rhetorical device to highlight how the bond market would react if a policy isn’t changed. (AI Overview)

[GVI Forex 2]

UK 10-year yield takes out the 2023 high (last 4.8280_… GBPUSD1,2330… EURGBP .8333

[Author]

Posts