USD up, Dow up

Quote from AyeYo:

The question is: which one breaks down?
More...

Most likely the Dow. I think the USD is the driving force in the relationship, not the other way around.
 
none breaks for a while as
- the USD weakness has been massively driven by "pure" speculation
and
- rise in the equity indices is on the back of real money chasing the market

USD is going to strenghten from now on
and
Equities will not correct significantly before 2010

then expect massive correction in equities to occur sometime in 2010 and dollar remain strong
 
USD been in the driver's seat this morning. Had a great morning session with stocks and currencies trading together and following through. Finally a decent trading day!
 
gold down, who would have made the bold prediction that gold would have at least a 5% pullback???


See what happens when people pile into a trade that seems to only go in one direction....
 
You must log in or register to reply here.
Back
Top