Initially I thought dollar index monthly looks bad but now I see it as a inverted hammer. Considering QE2 ending in June not sure about the consequences but seems dollar is gaining strength now. Above WPV and expecting to touch MPV. Gold and oil battered a bit but currencies are still ok. Let's see how today ends.
Do not see a sharp sell-off or buying in any currency but pending 2-3 weeks of this month will be very interesting.
Do not see a sharp sell-off or buying in any currency but pending 2-3 weeks of this month will be very interesting.