Loading ...Some Currency ETFs
FXA ( Australia)
FXY ( Japan)
UUP (USA)
Fundamental Question : Why wouldn’t the US Dollar Rally here ?
4% Unemployment ( considered full employment) , Employment Inflation Beginning , Interest Rates in the US rising rapidly …much more rapidly than Europe or anywhere else.
Does it matter? I look at the value of Gold in all currencies then decide if Gold is in a Bull or Bear market. Dec 2013 was a post 2011 low for Gold in Euro’s and Dec 2014 was a post 2011 low for Gold in $US, so what is the actual low? If you can’t explain the difference then you can’t identify a true Bear or Bull market IMO.
Not saying traders can’t trade the currency trade just my .02. Lots of money to be made (or lost) playing the currency trade, so I guess it does matter?
So where is the dollar going Fully because I’m not sure lol.
It’s going UUP ! Red
Yes I am Sure
🙂
Well that’s gonna go against the grain lol. Mr. Market strikes again maybe? Think anybody is ready for that Fully?
Good point
That’s just the thing. They aren’t ready. Most everyone is riding the Euro right now. Please correct me if wrong, but I think somewhere around 90% Euro bulls.
I think Ca$h is gonna be King again soon, real soon IMO.
Edit above: *Dec 2015 post 2011 Gold low in $US
Well the USD will rally – until about Mon or Tue this week!
It’s about retaining wealth ultimately IMO. Ca$h may only become king again relative to the scourge of debt. But where does one go to retain wealth never mind make a profit? $US up down or sideways?
Never in Doubt but sometimes wrong
🙂
Was looking at same UUP chart as a possibility FWIW.