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  • New Window of Opportunity for Dollar Correction

    From marctomarket.com

    Investors sense that the sands beneath their feet are shifting. Rising US yields and equities have traditionally been yen negative. With the recent gains that carried the yen to its best level against the dollar since late 2016 and up 6% to lead the major currencies this year, the old relationships appear to have broken down. The 60-day rolling correlation between the level of the dollar-yen exchange rate and the yield on the US 10-year Treasury yield has become inverted since mid-January, and now at -0.87 is the most inverted since 2001. Rising yields also were linked to the recent dramatic slide in equities, but in ... (full story)

Than for taking the time to write this_
Really i don't know if the dollar might take a downturn of epic proportions, or there will be new surprises ..
From what i read it is true that The anticipation of Rising US interest rates might have done little for the Usd,
With all the due respect for traders and pros who use lagging/leading Indicators such as Rsi/Macd made in the past, however they are not useful in this case when a new force is coming in the market _

We see now, Scared investors who've got millons invested and who rather switch to Yen and Bit coins and all other safe haven currencies + pushing the bond's price up, because afraid of what the outcome of the dollar will be_
The Fed can raise rates, but they cannot raise them fast and aggressively enough to save its value, because they US would instantly become bankrupt and end up defaulting on its bond payments.
The UsdIndex shows slight bullish momentum, but it can all change _

I can't really plan a full long term strategy for now, and possibly will be playing with low Tf's swings.
I had never intentionally touched UJ in the past and it was rather traded by some Auto systems i was using, and anyway I prefer UsdCad which has correlation with Oil much easier to trade ,, UsdJpy has become my interest from a couple of weeks since the stocks plunged

Thy say Buy on dips, sell on peaks, yeah right ... ;-) that is if we accurately know where the bottom is, and nobody is a master in this, and we can only make educated guesses_
From next week no trade on Monday, no long term strategy / short only and then see how it all develops
The arriving better than the arrival, the journey has just started
That is perfect comment to the issue.
Quoting jenbols
Than for taking the time to write this_ Really i don't know if the dollar might take a downturn of epic proportions, or there will be new surprises .....
_ We see now, Scared investors who've got millons invested and who rather switch to Yen...
Yes.
Of course dollar will dump as a stone.
10 months ago Trumpy said dollar is TOO EXPENSIVE....
See today??

Rewind...
Two years ago Trumpy said: let's try to renegotiate the debt.... Translation: bankruptcy....
Just wait....

Then this :
http://www.ibtimes.com/why-trump-impeachment-speculation-will-dominate-2018-midterm-elections-2652572
Last 3 paragraphs!!!!

Hope all this unwind soon, and I'll hold EU for 1.45.
Beware of robber banks (RB), bad advisors.
Aww lol, you are a mine of informations
thanx for this .. Hey i was missing to my collection that Trump pics shouting at journalists
The arriving better than the arrival, the journey has just started
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  • Posted: Feb 17, 2018 9:56am
  • Submitted by:
     MarcChandler
    Category: Fundamental Analysis
    Comments: 4  /  Views: 3,279