Who Gives A Buck?
The stronger the dollar, the weaker the equities. I’m all for that. As we look at the EUR/USD, we can see a beautiful repulsion off the trendline on February 2 (which was, not coincidentally, the peak in equities after the insane January rally). This looks to be heading lower.
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The USD/JPY isn’t quite as clear, but for the moment the greenback is doing all right.
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Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...
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