This is the $USD via UUP
UUP 1 min positive
UUP 5 min very positive
UUP 10 min positive
UUP 15 min positive.
A stronger dollar means a weaker market. This seems to fit with an initial knee jerk higher, then if the dollar moves up as implied here, the market will move down and that will be it for any possible knee jerk move up.
I'm signing off now until the Fed announcement.
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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