Someone posted last week the dollar weakness has made mainstream and the doctors and lawyers were jumping in. The point of the post was to watch out, because these are things that should tell you the tide is getting ready to turn. I agreed with the post and it has shown to be true.
A lot of late-comers lost a lot of money today. The suckers have been rooted out.
Is this a sign of another rate cut by the Fed and a rate increase early next year by the BOE? I don't proclaim to know but I can speculate. The dollar will continue to weaken until full policy shifts take place politically in the U.S. The suckers have been rooted out and have found its just not that easy.
A lot of late-comers lost a lot of money today. The suckers have been rooted out.
Is this a sign of another rate cut by the Fed and a rate increase early next year by the BOE? I don't proclaim to know but I can speculate. The dollar will continue to weaken until full policy shifts take place politically in the U.S. The suckers have been rooted out and have found its just not that easy.
"Its not where your at, but where your coming from"