This is also effecting Index futures, it looks like ES wants to catch down to Russell 2000/IWM.
I'll have charts out in a moment.
Remember the USD/JPY positive and price gains were off the lows from the Japanese GDP slam last night, they weren't expected to hold very long.
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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