Disliked{quote} I was just thinking she will not talk down anything.. fears will lead US index to drop and that it might have already started.. Stay GreenIgnored
1.) US stock indices drop on rate increase expectations.
2.) People start buying bonds.
3.) USD would drop then? (because of the people buying bonds)
I'm basically wondering because the current direction of EURUSD appears to favor LONG for the time being and you would think that it would be SHORT because of the rate increase... unless with 80% of the market already expecting the tightening, the rate increase was all already priced in maybe?
Haha, I'm confused! But stay long as long as it can keep above 1.052 and would think there is strong support right now at 1.05... but who knows? =D