USD bottoming short-term?

gugaplex

Active member
Messages
171
Likes
1
Me thinks so. Would sell euro and wait for move up in Dollar before buying again...
 
Prudent to await non-farm data today as possibility this could lead to some squaring.
One thing I am clear about is that dollar strength will just attract more dollar sellers. I have said for a long time now that the dollar is being flushed down the proverbial toilet, the move has started and as the global balance of power inexorably moves East dollars will be judged an increasingly unreliable reserve currency.
 
Top