I'll be posting my F_E_D analysis in just a few moments, but so far overnight the signals have all been that the market is not happy with the F_E_D, Gold is down, Treasuries are down and the USDX is up and crushing every $USD based pair.
Thus the Future Indexes are down.
It will be interesting to see if any Op-Ex comes in to play, but we've entered a new and very confusing F_E_D period and if there's one thing the market hates...Did you just say it with me? UNCERTAINTY?
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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