Dollar trying to break-out. Will this be the week? |
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Long term trends by their nature don't turn easily. The last two weeks we have seen counter trends and we have reversed to about half of the original gain by the USD. There are many arguments to be made for both a weak and/or a strong Dollar going forward. What I do know is that this trend has lasted surprisingly long and should at least correct in a reasonable period of time. USD Index- The bottom is not assured yet and the risk to both directions is about equal. What I would say is a new low Read More...
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