The FOMC release on Wednesday dominates the markets’ focus this week. Expectations for tapering were lowered by the market before the Jon Hilsenrath article for the WSJ on Thursday of last week. Treasuries have been …
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The dollar had a massive move higher yesterday. Not a long-term breakout yet, but it’s setting up that way. The dollar is the single biggest medium of exchange in the global economy, so its price …
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The U.S. dollar has spent the last month in very strong rally mode. It’s not just a rally vs. the Euro or the Yen. It’s not just a rally vs. developed market currencies. It’s a …
Continue readingThe U.S. dollar had its worst 2-week stretch of 2012 to start September. Here is the chart of DXY over the past 5 years, illustrating the dollar falling back into the middle of its 5 …
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