Today's BONDS!

Quote from Pabst:

The dollar's rally the past two months was precipitated by the ananticipation of a less accomodative Fed. Tightings have been priced in. Hence the 10% correction in the Euro. Now it's back to a matter of cross rates. IMO the Bund's reluctancy to break in earnest (the Bund hasn't even taken out it's February lows might keep a lid on renewed Euro strength. I see the dollar range bound here from 118-123.

I agree the dollar will not make new lows for quite some time.. but it will take a long time for it to stage any type of serious rally... we very well can get 3-6 months of back and fill.
 
understand that it's relative rates that make a currrency go.

central banks around the world are already rasing rates and Dr. Greenshoes is just talking.

Alan needs to stop drinking the bong water and crank'em 50 points.
 
US Dollar Index has just started to trade down in the last few days, actually. It's DXM04 on futuresource.

ps> woot this website is a great find.



Quote from Dr. Zhivodka:

Check your charts mate. The USD has not been going down. And the curve is getting flatter.

 
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