What do you think? It might, but it's not showing hardly any strength over many many periods. I would get out and think about it awhile. That's not how we trade.
Long AUD .7942, NZD .7246, short usdcad 1.2474, usdjpy from 109.25. All small except usdjpy. Ordinarily I would expect Monday chop but since last week consolidated most of the time, we may run a little today.
Belarus does have natural resources. They have birch trees. They have the wood fired sauna. And then there are (Byelo) Russian women. It's a formidable combination.
I hate to say it, but the ones who can think for themselves have mostly left. It's Orwellian. Maybe someday they could handle freedom. It's not their fault. They just have never experienced a different way of living.
I don't think the west really wants Belarus anyway. They're mostly content to let Putin deal with Lukashenko. Have you heard some of his pronouncements? He's a crazy man.
Ok where to start? I was speaking of Belarus when I said it used to be part of Poland. Belarus is not doing quite well, but it does function. Ordinary people are being snatched off the street and arrested for no reason. As far as the Ukraine, you seem to contradict yourself. I personally know...
Maybe they just like gold. They want to start a jewelry biz. But it's been duly noted-- you saw a collapse in the euro first. I did short the Euro yesterday on the London open based on your idea. Haven't checked the price. Am I ahead?
Not worth worrying about unless someone else jumps in. It's already a dictatorship, things could actually get better. Slightly different situation than Ukraine, where you have a fairly long and strong nationalist movement with roots in the US and Western Europe. I could be wrong, but I don't...
Finally made a few back short usdjpy under 1.0940, usdcad under 1.25. A better end to a poor week. Hurricane Harvey has strengthened. Should have some effect on things come Monday. I don't think it's been fully discounted yet. Look for oil, sp to sell. Further down pressure on USD?