/biz/ - Business & Finance

[Anonymous No.24996861]

Forex week open usd big gap higher foreign currencies big gap lower.

[Anonymous No.24997385]

[Anonymous No.24997458]

[Anonymous No.24998308]

spot forex had week opening gaps opposite to their previous, and currency futures just opened the same.
i'm going to be pretty surprised if they are not going to take the '18 levels.

[Anonymous No.24998450]

Fuck yes, knew this would happen after the dxy shit the bed but congress came to an agreement on the stimulus bill

[Anonymous No.24999167]

short BTC NOW and buy out your stake when you’re done

[Anonymous No.24999340]

dat gap

[Anonymous No.24999641]

short squeeze much like on a bankrupt hertz

[Anonymous No.24999776]

>>24996861
Dxy bounce incoming?

[Anonymous No.24999839]

>>24996861
damn this week will be horrible for crypto

[Anonymous No.24999860]

>>24999776
lol no the uk is closing due to muh covid 21 the markets will go to shit and the fed will need to do more qe

[Anonymous No.24999910]

>>24999860
>Irrelevant island might close down due to an unoriginal media fearmongering frenzy

[Anonymous No.24999945]

>>24999910
The point is that the dxy is not going up due to strong usd , it's going up due to euro and gbp going to shit due to muh covfefe 21.

The usd is still inflating fast as hell.

[Anonymous No.24999995]

>>24999910
Who got the massive get??

[Anonymous No.25000041]

Bitcoin will dump on Monday the 21st at the Great Conjunction
>>24999999

[Anonymous No.25000047]

>>24999995

Not you that’s for sure

[Anonymous No.25000105]

>>24999995
was wasted. probably by a leaf most likely.

[Anonymous No.25000114]

>>24996861
German here. I would short all European indexes right now. For example the DAX future is down only 1.35 right now. It will go down at least 4% tomorrow. The stupid Asians just don't know what is going to happen in Europe tomorrow.

Almost all countries closed traffic to UK already.

Now I tell what is going to happen next:
The mutated meme virus will be found in another country tomorrow (because it obviously has spread in the last days already). The retarded politicians will restrict traffic to this country as well. This will repeat until we see the same scenario from March happening again.

SHORT EUROPEAN STOCKS NOW!!!

[Anonymous No.25000126]

>>25000041
Wasted
Hb
>>24000000

[Anonymous No.25000187]

>>25000041
Wasted
Hb
>>25000000

[Anonymous No.25000219]

>>24998450
Has nothing to do with the stimulus! Read here:
>>25000114

[Anonymous No.25000242]

I've got your foreign exchange right here


*BBBBRRRRRRRRRAAAAAAAAAAAAAAAAAPPPPPPPPPP*

[Anonymous No.25000257]

>>25000114
>Almost all countries closed traffic to UK already.
Pic for reference.

>the same scenario from March
Hmm interesting, I'm wondering if there will be a massive global dollar shortage like we saw in March.

[Anonymous No.25000361]

>>25000257
Of course, that's why the Dollar index is rising right now

[Anonymous No.25000391]

>>25000219
Also i don't think crypto will go down.

Crypto goes up with dxy going down because it signals a global fiat weakening , while normally a strong dxy is bad for bitcoin , with the stimulus bill i am not sure.

it's all going down with no survivors but appears to be going up & down relative to each other that are all going down.

[Anonymous No.25000460]

What is a forex??
Plz no bully

[Anonymous No.25000489]

>>25000460
foreign exchange aka currency exchanges.

[Anonymous No.25000512]

>>24996861
Extremely bearish for corn and stonks

[Anonymous No.25000544]

>>25000512
Not bearish due to stimulus, this dxy going up is artificial due to the uk problem.
It's still in a downtrend a massive one at that.

[Anonymous No.25000554]

>>25000361
I'm still having a hard time seeing them not take the '18 levels first.

[Anonymous No.25000617]

>>25000544
Stimulus is tiny this time around and I'm guessing it's already priced in.

[Anonymous No.25000649]

>>24996861
bump

[Anonymous No.25000767]

>>25000617
Yes but everyone is frontrunning everything at this point.

The dxy going up in normal situations is bearish for crypto, but everybody knows by now fiat is being inflated to death.
The dxy is going up relative to a euro and gbp that is now going down hard.
But all are going down at ever increasing speeds.
So i don't think crypto will react bad against this.

>inb4 why it does react upwards to dxy going down then.

Because usd being the reserve currency everyone devaluates against usd , and dxy going down signals global fiat devaluation since everyone devaluates to maintain the parity with the usd.

[Anonymous No.25000771]

So the UK lockdown is somehow outweighing the inflation via QE pushing the dollar down? I guess if foreign currencies are worth even less, it'll make DXY go up anyway.

[Anonymous No.25000817]

>>24999839
Wouldn't it be bullish? Everything is fucked, so people escape to other stores of value

[Anonymous No.25000860]

>>25000544
stimulus was already priced in, people will sell the news now
not to mention we have european corona fud 2.0 and usual end of the year cashing out
this week will be deep red for stocks and crypto follows stocks nowadays

[Anonymous No.25000871]

>>25000771
No all currencies are going down , pic related, dxy going up due to this only means the euro and good boy points are now going down faster than the usd.

[Anonymous No.25001178]

>>25000817
Crypto is an asset class, like all asset classes, it tanks during a dollar rally.

During the March crash, even Gold -- your supposed safe haven dumped hard. At times of massive uncertainty people want liquid cash they can spend.

[Anonymous No.25001214]

>>24996861
wut?

[Anonymous No.25001315]

>>25001178
Right but this is not even a "dollar rally" , it's just going up due to eur & gbp going to shit due to covfefe 21 at the same time they will vote for more brrrrrrrr in burgerland.