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Yield Shoots, Dollar Leaves
Soaring yields give no choice to the Fed but to increase the quantity of bond purchases at the expense of the dollar. Speculative Forex positions agree.
I would like to know your expectation for Gbp/Usd for this month and what is the key resistance ? .
Taha
-and when will you add the dollar index charts in the workbook?
many thanks
G
Ashraf
We saw equities rally lately even though we heard a lot people saying that major pullback was inevitable. Now, however, most ppl are stating how lot of technicals support further gains in stocks. The question is don't major pullbacks usually happen when they are least expected?
If you look the Citi stock today, so far it is down 4%. Remeber the Citi stock was the leader DOWNWARDS when we hit the lows months ago.
Sleiman
Ashraf
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G