Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
2 comments:
Brandt, the currency ETFs are as follows:
FXA Aussie Dollar
FXC Canadian Dollar
FXE Euro
FXY Japanese Yen
FXA is turning negative, short term though it's going to put up a bit of a fight, t should resolve to the downside.
Same for FXC, although it doesn't look like it will fight as hard short term.
FXE is also losing ground, it looks like it'll be up early tomorrow though.
FXY is more ambiguous. It leans toward the reversal, negative side, but not as clearly as the others.
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