Currency Repulsion

The Euro is likewise falling away from its own topping pattern, as it continues its march to parity. As for equities... lifetime highs, what else?

Yellen’s hawkishness is definitely shaking up the world of currencies; the Yen is getting smashed, continuing to fall away from the major horizontal lines I’ve drawn…..

(Click on image to enlarge)

0214-fxy

….and the Euro is likewise falling away from its own topping pattern, as it continues its march to parity.

(Click on image to enlarge)

0214-fxe

As for equities………LIFETIME HIGHS, what else?

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