The Dollar is on the move again, I would say it may be exerting some downward pressure on Crude , but crude just broke out of the triangle I mentioned. We'll watch it for a false breakout.
In the meantime, here's what the dollar is looking like.
Up about .50% on a leading positive divergence.
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
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