When you have time, you might look in to this WSJ article on China's recent trade deficit and other problems the country is having. It was first obvious about 6 months ago with commodities underperforming as China is the world's largest importer of various commodities.
This is one of the reasons I like FXP as a "trading" tool moving forward.
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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