Disliked{quote} we don't know about the employment numbers yet and stocks don't like tariffsIgnored
Look at the charts we should. FED policy tied to Trumps inauguration and trade policy has changed the landscape.
Since Trumps inauguration the DXY has dropped from its highs and the stock market pushed higher. Since the Stock market has met headwinds the DXY has consolidated. Tied in with the FED policy of increasing rates, foreign banks are looking for places they will get higher returns on over night rates in the US. At the same time push investors into BONDS for security. Hence the drop in the stock market and the drop in 3 month treasuries.
Tie this in with the BOJ talking about easing. https://www.bloomberg.com/view/artic...itative-easing
Don't get me wrong, this could all change at any time but currently this is what is happening. And it was actually your bullish called that got me out of the bearishness. Kinda funny how I see white and you see black, or is it I see black and you see white?
Learn, a forex trader must, unlearn and relearn he will.
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