Dollar Power | Forex Factory

  • Dollar Power

    From marctomarket.com

    There are several trends in the capital markets at a high-level. The euro and yen's decline has coincided with sustained rallies in European and Japanese equity benchmarks. Emerging market equities and currencies have been trending lower. There are two other trends that arguably are reinforcing if not causing the other trends. Both oil prices and US interest rates have been trending higher. It is unusual but not unprecedented for oil and the dollar to move in tandem. It seems premature to conclude a structural shift that some narratives that are linking with the launch of yuan-denominated oil futures contract and ... (full story)

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DovenHawk
May 20, 2018 9:13pm
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Quoting Guest
This is a new paradox that the dollar and oil are paired ...
"...It is unusual but not unprecedented for oil and the dollar to move in tandem"

Actually it happened tens of times in the past! So anything is possible in the trading world.
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Ojiego
May 21, 2018 2:08am
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Yes! Because we are "trained" to as accept "paradoxon" as a given (Pavlovian principles anyone?), albeit living in a constantly changing environment. Things are not as simple as we are "trained" to believe.
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Sanguis
May 21, 2018 12:06am
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Quoting Guest
This is a new paradox that the dollar and oil are paired ...
This is almost always the case, before the recession.
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Trader#DF40
May 20, 2018 7:46pm
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This is a new paradox that the dollar and oil are paired ...
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