Just to give an example, in 2018, yield difference favoured usd more than it does now and eurusd traded 1.2+
Yield diffs aren't that accurate in predicting fx values
Interesting. I believe usd will decline in the coming year(s). Imo, fx values have pretty much nothing to do with fundamentals and everything circles around the usd given how many assets are denominated in it. Wd'll see. Let's talk in a year.
I'm not a fan of USD either so i don't really know the direction of EURUSD. Only systematic trading with algos in this pair for me. I do see a little lower for USDJPY still so technically that can lift EURUSD for some time. We'll see. Not a strong conviction.
Im closing this with almost break even. Took 8 losses in total and made 400 pips with eurjpy which is 8 wins too. Lost on rollover. That's why i dont like the trade in long term. Cheers.
To go a little further, i'm pretty sure this goes to all the social media sites. Traffic generates ad revenue, doesn't matter which "traffic" it is.
And given the improvement of AI, i think we are all connecting with bots in our conversations.
Who can blame them. Todays fake is already so real and keeps getting more real.
I think it's the growing divergence in wealth and intelligence that's the "problem". Buyers (consumers) keep getting dumber while suppliers keeps getting smarter. On top of that, the smart team up and become even...