This is an interesting dichotomy, the market is rising in to longer term distribution, meaning it is looking lke the fall will be greater as I explained, but the Italian Austerity vote looks set to send the Euro higher, presumably the dollar lower, which is equity positive...
FXE 5 min
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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