As you know, I have been harping for a while now the potential for a USD explosion to the upside. I feel the cannon is loaded and everything is ready, waiting for the trigger. I have also mentioned a couple of times that I expect the trigger to be Spanish 10 year yield above 6%. It is right now hovering just below it.
It has taken long to develop, but the longer it takes, the more extreme the move should be. So far the technicals continue to point in the same direction. If they change, I will let you know.
It has taken long to develop, but the longer it takes, the more extreme the move should be. So far the technicals continue to point in the same direction. If they change, I will let you know.
Observation is the path to discovery.