I meant to include this chart in the last post...
This week's FX opening gap up on news of the Greek vote and subsequent leak lower on the lack of really any response from the Troika except hints that they will continue to set the hurdle higher and higher until Greece finally cannot live up to the terms.
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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