What makes me think, is that all "old rules" do not work anymore.
EUR weak against USD should be good for the DAX as now exports (in USD) will be cheaper and more competitive.
No!
EURUSD, Gold, DAX30 all imploded today. Okay, EURUSD it was good for me, finally closed all my shorts. But had to shift the wins into other assets that I thought would not correlate that much. The market is crazy, same as I am getting slowly ;-)
EUR weak against USD should be good for the DAX as now exports (in USD) will be cheaper and more competitive.
No!
EURUSD, Gold, DAX30 all imploded today. Okay, EURUSD it was good for me, finally closed all my shorts. But had to shift the wins into other assets that I thought would not correlate that much. The market is crazy, same as I am getting slowly ;-)