it is illogical....we are in strange sentiment
currencies typically move in the same direction as bond rates. That's the way it should work for the longer-term at least.
but
first sign for me is that 10y bonds reached their maximum and $ didnt moved....strange for me
yen went down and Japanese stocks went up too far too fast. We're now seeing the proverbial day of reckoning
but you would have to think that at some point relatively soon, normalcy will return to the Japanese markets.
when this happens investors start to look at US and whats going on, this should lead to a strong dollar.
I am just guessing and connecting facts and flow on market....
do whatever the fuck you want to do !
