Futures/ES crept up, strangely (sarcastic) the same can't be said of either the Euro or the carry trade that finances risk on moves in the market, AUD/USD.
Euro since yesterdy's close...
The unwind of the carry trade in AUD/USD
And the AUD/USD overnight since yesterday's close....
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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