Disliked{quote} Right, just make money. No emotion. USD index is sitting at the bottom if its long-term trendline. Is tomorrow the catalyst to break the trendline or resume the trend?? Personally I think it will hold the TL, but in the next 3 months we could see the dollar in a world of hurt when a taper gets pushed back indefinitely. 10yr cant handle a taper...Ignored
I think the dollar will sell off tomorrow in the event that the FOMC will preach the same ol' "the economy is growing at a slow, but moderate, pace"
A taper has to happen. I think the longer they push it off, the weaker the dollar will become.
When the facts change I change my mind, what do you do sir