Red: Breaking News. Teenager survives on his own for almost 6 hours without WiFi, while mother is in Dinar chat room !
Pearle: I cannot believe they(Iraq GOI) have meetings and not choose the people they need. If that’s what’s needed to revalue. It makes no sense…who is that stupid
Bama: i’m with you of course i think the US has the trigger to pull…..I think it’s a smoke screen….pay attention to my right hand not my left …..watch what they do not what say….it must be to keep us busy…..I still think they are waiting for us to get mad and sell out and change the dynamic of the rv
Ulued: Everybody is upset because there timeline is not the same as the one we predict but there is also the fact that we are a massive amount of people to upset if they try to trick us.
GodsPrincess: This was another good article.
Currency Traders Should Get Ready for a Big Move in the Dollar
By Cormac Mullen
April 17, 2019, 5:00 AM CDT
Currency traders should brace for a large move in the dollar, if past periods of low volatility are a guide.
Over the last 25 years, there have been three previous troughs in the JPMorgan Global FX Volatility Index. Each time, the U.S. Dollar Index has moved around 10 percent over the subsequent 6-months, according to data compiled by Bloomberg. The volatility gauge is currently trading at its lowest in 5 years.
“We’ve seen this type of pattern show up a number of times before, and each time it did it preceded a major move,” in the dollar, wrote Callum Thomas, founder and head of research at Topdown Charts, in a note to clients. This is great “for both U.S. dollar bulls and bears…the only people it won’t suit is those who expect the U.S. dollar to spend the rest of the year stuck in that tight trading range.”
A trough in currency volatility in 1996 preceded a more than 10 percent rise in the greenback, while a lull in 2014 came before the dollar rose more than 15 percent over the following six months, according to Bloomberg calculations. The volatility slump in 2007 preceded a more than 10 percent drop in the U.S. currency.
Expected swings in foreign-exchange markets have plunged amid a dovish pivot from global central banks and a rally in risk assets after losses late last year. Still, strategists from Morgan Stanley to the Canadian Imperial Bank of Commerce are warning about a return to more volatile markets.
BANKERS CALL FOR GLOBAL CURRENCY AS THEY STACK GOLD BARS
SGT Report: Published on Apr 17, 2019