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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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52364481 No.52364481 [Reply] [Original]

>DXY finally breaking down

Its almost as if my soul is personally under attack

>> No.52364523

>>52364481
inflation was only 7.7% instead of 7.9% so the market priced in the fed pivot.

>> No.52364551

>>52364481
What is causing the sudden drop? It can't be the CPI print, that's nonsense.

>> No.52364569

>>52364551
Did you expect it to go up indefinitely or something

>> No.52364575

>>52364551
Did you think the dollar was going to go parabolic with no pullbacks along the way?

>> No.52364589

>>52364523
I don't understand. Why would such a small drop trigger a fed pivot? Isn't their target meant to be 2%? Does the market know something I don't?

>> No.52364596

>>52364551
prepare for christmas bear rally

>> No.52364610

I think it will bounce off of the 400D MA at 105. Either way, I've closed all shorts until it finds support somewhere.

>> No.52364611

>>52364481
>dxy going down
>crypto shits the bed
They really wants no safe haven for the goyim

>> No.52364626

>>52364611
how ironic that euro is the safe haven now

>> No.52364658

>>52364589
>Why would such a small drop trigger a fed pivot?
it won't. the market is high on hopium.

>> No.52364678

>>52364569
>>52364575
I was expecting a more gradual return to support, not a sudden drop. Currency devaluations that happen this rapidly are usually prompted by some relevant event.

>> No.52364685
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52364685

>>52364658
this.

>> No.52364706

>>52364678
>Currency devaluations that happen this rapidly are usually prompted by some relevant event.
Isn't it that other countries are resuming QE and so the dollar is falling relative to them?

>> No.52364713

>>52364706
That would have the opposite effect.

>> No.52364731

Hey op maybe you and Brent Johnson can do a 69 and talk about how you're slurping up the milkshake

>> No.52364743

>>52364678
It's the kind of volatility of a financial crisis

>> No.52364784

>>52364611
My gold, silver and platinum miners are up like 40% from a few weeks ago. The next bull belongs to commodities.

>> No.52364914

>>52364589
because the month over month came in at 0.4 instead of 0.7, all the factors that lead to this result will keep pushing inflation down every months.

>> No.52364931

when all this crypto bullshit is over and if DXY is still massively down from its highs, BTC is gonna pump so fucking hard

>> No.52364962

>>52364481

>soul under attack

Kabbalah financial magic will do that

>> No.52365029

>>52364678
I don't think anything big has happened in Europe so it must be Japan

>> No.52365068

>>52365029
Ukrainian war is over soon

>> No.52365634

>>52364784
>My gold, silver and platinum miners are up like 40% from a few weeks ago
How can I invest in physical metal miners

>> No.52365717

>>52364706
backwards

>> No.52365748
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52365748

The US treasury is being drained rn for some reason, I assume the same for bank reserves. So this is a dollar inflationary event. I just don't know what they're buying

>> No.52365850

>>52365748
if you had to guess?

>> No.52365952

>>52365850
OTC deals that won't be posted for days/weeks. Prob for commodities

>> No.52366149

>>52365634
Look for /cmmg/ in the catalog
Hint: it's financial suicide