dlaw

Market Nosedive Pushes Dollar Down

The 30-day is down to levels not seen, well, ever, and the headline is that the DOLLAR is down?

Huh?

Short rates MAKE a forex price.

There is a historic level of not getting it on this site.

Why the ERO is Ready to Rally

No, I'm sorry.

EUR/USD is taking a break here only in the sense that it is on a little upswing in the rollercoaster downwards. It was a bubble that popped and for the moment the traders' emotions are in control.

For those who trade this stuff (I don't), this would be a much better opportunity to put in a short or a short options play.

EUR/USD $1.30 is a mortal lock.

Job Numbers Don't Freak Out Dollar Bulls

And where does this lack of supply come from?

You think the Fed needs to print more dollars?

Job Numbers Don't Freak Out Dollar Bulls

So what you're saying, Muddling, is that the dollar is going up because the dollar is going up.

Job Numbers Don't Freak Out Dollar Bulls

Dollar bears are in full flight - but how can it be? Debt is high.The balance of payments is terrible. The American economy is headed for trouble.

It actually makes a lot of sense. See my blog: financialroadtosociali...

May you live in interesting times.

A Closer Look at the Dollar Rally

At least one major quant I know of told me there would be a "change of regime" coming, due to his observation that the EUR/USD was showing the LPPL signature of a bubble.

I think it turns out that the Euro was just one bubble trade in a big package of dollar-traded commodity bubbles. Versus the dollar, I think it's now clear that major foreign currencies were acting like just another traded commodity.

Now that the big one - oil - or the big two, perhaps - oil and the euro - have broken, it's deflation time.

"Deflation" - you may want to look that word up, because it doesn't seem to be in the popular parlance these days.