I first have as background the behaviour of EUR/USD since 3:30 AM EST this morning. I see EUR/USD High is 1.30643 and I see EUR/JPY at 100.54 and EUR/USD is out of correlation for the moment... Why ?
Dow Futures down 37
Gold is down... Oil is Down !!! Risk Off ? Greece is uncertain and markets waiting for Obama tonight... FED on WEdnesday at 2:15 PM... Davos starting on Wednesday...
Now To MONEY FLOW and The Yield on the 2 Year US Bonds and the 10 Year US Bonds...
Europe ALL Down...
.24% and 2.05% with the spread 181 Basis Points. Money Flowing BACK into 10 Year US Bonds as Risk is now Off ...
That is my way of seeing it with no chart input...
Dow Futures down 37
Gold is down... Oil is Down !!! Risk Off ? Greece is uncertain and markets waiting for Obama tonight... FED on WEdnesday at 2:15 PM... Davos starting on Wednesday...
Now To MONEY FLOW and The Yield on the 2 Year US Bonds and the 10 Year US Bonds...
Europe ALL Down...
.24% and 2.05% with the spread 181 Basis Points. Money Flowing BACK into 10 Year US Bonds as Risk is now Off ...
That is my way of seeing it with no chart input...