I'd definitely watch AUDUSD/NZDUSD
So far I don't see any drops in those pairs, which tells me
Carry trade still a live. Even same, low interest, Canadian Dollar
doesn't drop much either USDCAD.
I'll watch those 2 pairs (AUDUSD/NZDUSD) in particular. NO drop will confirm
TEMP drop in EURUSD
AS after FOMC (Tuesday 2:15 EST) people will return to biz as usual.
Sell the Dollar to buy high yielding currencies..
And don't forget that LOW dollar is the FEDS best interest.
Inflation, Low interest rates, weak currency, all of those factors
will keep them alive longer under big pile of Debt.
That's the plan.
So far I don't see any drops in those pairs, which tells me
Carry trade still a live. Even same, low interest, Canadian Dollar
doesn't drop much either USDCAD.
I'll watch those 2 pairs (AUDUSD/NZDUSD) in particular. NO drop will confirm
TEMP drop in EURUSD
AS after FOMC (Tuesday 2:15 EST) people will return to biz as usual.
Sell the Dollar to buy high yielding currencies..
And don't forget that LOW dollar is the FEDS best interest.
Inflation, Low interest rates, weak currency, all of those factors
will keep them alive longer under big pile of Debt.
That's the plan.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)