Wednesday, October 1, 2014

Here we go...dollar's 5-month bull run may be over

Weakening economic data, falling US bond yields, stock market starting to look shaky and HUMONGOUS short positions in euro, yen and other currencies. The dollar's 5-month rally may finally be over. And uwinding of those currency shorts could get bloody.

The market giveth (to the funds) and the market taketh away.

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