Disliked{quote} American election: Nov 2016. I don't know about the correlation between presidency and USD strength, but looking into the time frame, there is still time for EU to reach parity before the election noise actually starts to kick in. Right now, imho, it is a preparation for the leg to parity. Everybody wants to short higher. I think that this can be the last time we reach the 1.1-1.12 level, then we are going to the lows, how low? I think 1.06x first, and then new LL has to be created (1.02x?), but whether to 1.0?...Ignored
Disliked{quote} Don't have the announcements, but here DXY compared to terms. Except for Reagan, who was a known quantity his second term, you can see there's this topping out/bottoming out consolidation, and then a big change each time {image}Ignored
We all know what R do to the dxy. Depending on how deep this pull back is, a R might coincide with that trendline you have drawn. I'm sure there's a mid in there to coincide with too. All about timing...
Carly Fiorina is running from Virginia. Shes a hottie. Has my vote.