As I've been expecting, the dollar is up today, which puts pressure on commodities and equities.
FXE deteriorating (the Euro) sending the dollar higher.
Accumulation in UUP/$USD and a gain of .71% thus far this morning, that's a big move for UUP.
Is interest rates about to start going up?
-
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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