Here is some very important info indicating the fundamentals have gone very bullish on the $:
http://www.bloomberg.com/apps/news?...EaJ0&refer=bond
and this:
http://www.bloomberg.com/apps/news?..._w3U&refer=bond
Just as an experiment-go online when London opens tomorrow morning. If the fundamentals are moving this market right now you will see a nice gain for the $ against the GBP and EURO.
One of my strongest ideas is that greed and fear control many of these movements. In my opinion, given how the fundamentals are shaking out, there is greed and fear present in the market. The reluctance of traders to take their profits from Friday (fear) and the increase in their long $ positions (greed).
Should be interesting to say the least....
http://www.bloomberg.com/apps/news?...EaJ0&refer=bond
and this:
http://www.bloomberg.com/apps/news?..._w3U&refer=bond
Just as an experiment-go online when London opens tomorrow morning. If the fundamentals are moving this market right now you will see a nice gain for the $ against the GBP and EURO.
One of my strongest ideas is that greed and fear control many of these movements. In my opinion, given how the fundamentals are shaking out, there is greed and fear present in the market. The reluctance of traders to take their profits from Friday (fear) and the increase in their long $ positions (greed).
Should be interesting to say the least....