Earlier we looked at two currency pairs, one dragging on the market and one pulling it up, that's reversed a bit.
The $AUD carry trade weighing on the market...
While the Euro was helping, it's reversing a bit from here.
The $USD is somewhat flat, but looks like it has a slight bias to the upside, again not helpful.
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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