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A SHORT LIVED RECOVERY ?

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Re: A SHORT LIVED RECOVERY ?

Postby Paphitis » Mon Mar 16, 2020 3:26 pm

CrookedRiverGuy wrote:
Paphitis wrote:You might have to look again at your forecasts because the USD has made huge gains on the Euro apart from the last 3 days.

I would scoff at your predictions too. You don’t like Trump do you? Well get ready for another 4 years. :D

https://www.google.com.au/search?client ... RIFuv6qBt4



"The last 3 days": Today is 16th and 3 days ago was the 13th.
Your chart clearly shows that one USD costs 0.90 EUR today while it was 0.89 3 days ago. You call that a surge?

Your sense of reality is extremely selective.

How about this:
Your chart clearly shows that one USD costs 0.90 EUR today while it was 0.93 on feb 20th. Has the dollar gotten stronger or weaker during the past 4 weeks mr. unconditional Trump lover?


I don’t pay any attention to 1 day fluctuations. I look at the trends over 1 year and the 1 year trend is positive.

https://www.macrotrends.net/2548/euro-d ... ical-chart

So quite clearly, you have such high Trump Derangement Syndrome that you will look at any drop to say Orange Man Bad.

But Orange Man regularly kicks you in the nuts and you go off sulking like a baby. :lol:
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Mon Mar 16, 2020 3:37 pm

miltiades wrote:
miltiades wrote:I have been an ardent watcher of financial markets for half a century now. The one thing I have learned is the volatility of markets be it the currency one or stocks.
I was extremely pleased when at just after the election exit polls predicted a Tory majority, at least in financial terms, Sterling shot up by 2 cents on the euro touching 1.205 . The markets reacted promptly in the knowledge that stability was returning to the political scene at last. In fact tge markets were reacting prior to Thursday 12th of January on the strength of election polls. Well it didn't last long, by yestetday Tuesday 17th Stg was traded below the pre election news and it seems that the current downward trend is continuing. Brexit looming, uncertainty in the UK economy will continue for some time yet. I can not predict the level that Stg will be at by the end of this month, suffice to say I have today converted my Stg to euros. I have always believed that Brexit is bad for the UK economy and apparently so does the financial world. I see no viable reason as to why would Stg strengthen in the forthcoming months. I even believe that come Brexit day, January 31st 2020, the pound will be below 1.10 euro.
Time will tell....

The timing was out by 1 and a half months.
The end result spot on.
Bucketman where are you ? Stop sitting on your singular brain cell and start counting your ....pounds !! By the way, rates quoted are just MMR ( inter bank mid market rates) what you actually get for your pound is around 4 cents lower. Effectively around 1.06 euros, reaching par with euro? Not aff !!



A stopped clock is right twice a day... :wink:

You've been predicting exchange rate apocalypse for the past four years yet you still make posts like this when the exchange rate goes below 1.10, "like you predicted".... :lol:

Stupidity literally oozes out of you doesn't it...? :roll:

Another keeper! 8)
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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Mon Mar 16, 2020 3:46 pm

Well boy, was I right or was I not.?
The pound then was trading at around 1.18- 1.19.
You are a first class...Plonker. stop sitting on that singular brain cell of your boy :lol:
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Mon Mar 16, 2020 4:12 pm

miltiades wrote:Well boy, was I right or was I not.?
The pound then was trading at around 1.18- 1.19.
You are a first class...Plonker. stop sitting on that singular brain cell of your boy :lol:



As I said, a stopped clock is right twice a day... :wink:

You've literally been predicting this moment (and it was but a moment so far) for four years! :lol:

How sad you are, watching the charts all day so you can post your glee at the Pound being down at last... :?
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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Mon Mar 16, 2020 5:21 pm

Each time the pound goes down I lose money. Because of the idiots who voted Brexit. Bloody fools like you.
No , I do not rejoice I just get angrier with the utter stupidity of the peasants led by an arsehole and a fucking clown.
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Mon Mar 16, 2020 5:47 pm

miltiades wrote:Each time the pound goes down I lose money. Because of the idiots who voted Brexit. Bloody fools like you.
No , I do not rejoice I just get angrier with the utter stupidity of the peasants led by an arsehole and a fucking clown.



You'll thank us later CoCo... :wink:
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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Mon Mar 16, 2020 5:58 pm

Thank you for what?
The stupidity of little englanders who put the economy on the line because they .....wanted independence ? Bloody peasants, they dont have a single brain cell between them. The Euro will thrive, the EU will go from strength to strength and we have a fucking clown as our PM.
In the meantime the peasants are rejoicing.in being out if the worlds largest trading block, while the Cliwn is busy increasing the population. What a load of Plonkers !!
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Mon Mar 16, 2020 6:02 pm

miltiades wrote:Thank you for what?
The stupidity of little englanders who put the economy on the line because they .....wanted independence ? Bloody peasants, they dont have a single brain cell between them. The Euro will thrive, the EU will go from strength to strength and we have a fucking clown as our PM.
In the meantime the peasants are rejoicing.in being out if the worlds largest trading block, while the Cliwn is busy increasing the population. What a load of Plonkers !!



You'll thank us when the EU crashes and burns and the €uro resembles the Italian Lira... :wink:

...and that 'Largest Trading Bloc' (not block :wink: ) thing, you never did answer my question as to what percentage of 'The Largest Trading Bloc' is trade to/from the UK and how large it will be when the 5th largest economy in the World leaves...? :lol:
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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Mon Mar 16, 2020 6:27 pm

Yes, the EU will
...crash but first pigs must fly.
Your stupidity and that of those sharing your moronic views is beyond comprehension
Staring you in the face is Sterling's perfirmance since referendum, yet you chose to ignore the only reason which is Brexit. Einstein was absolutely correct.in saying that human stupidity is infinite.
What a load of stupi PLONKERS.
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Mon Mar 16, 2020 6:40 pm

miltiades wrote:Yes, the EU will
...crash but first pigs must fly.
Your stupidity and that of those sharing your moronic views is beyond comprehension
Staring you in the face is Sterling's perfirmance since referendum, yet you chose to ignore the only reason which is Brexit. Einstein was absolutely correct.in saying that human stupidity is infinite.
What a load of stupi PLONKERS.



Another keeper... But you can thank us later and we'll forgive your insults over the past four years... :wink:
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