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Dollars Demise Is Slow And Painful
A silent market can be the most deadly and this past week is no exception. Half-hearted interest from the remaining members on the street has seen the ‘mighty’ dollar ending this week against most of the major currencies under pressure. Apathy is dangerous, it tends to lead to a false sense of security and all of a sudden, with liquidity at a premium, investors are paying away hard earned profits in a market were prices are squeezed for ‘little’ reason – mostly positional. This is only week one of the Euro shutdown due to the annual holiday season, and already due to market boredom, week two could be ... (full story)
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