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Key reversals getting the dollar ready for the next bull run
The dollar bulls are once again looking to have re-established their control on proceedings. US inflation may have dropped by 0.1% but with core prices still positive, along with strong durable goods orders the dollar has rallied. This has meant after a weeks of consolidation in the forex markets we may now be ready to finally see some direction coming through once more. Equity markets remain positive, albeit in the case of the S&P 500 and the FTSE 100 it is a slow grind. It is only the DAX that has been able to make significant upside as the falling price of oil has weighed down the other indices. Wall Street ... (full story)
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If only I knew then what I know now...
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