Re: U.S. Dollar looks weak

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In Response To: Re: U.S. Dollar looks weak ()

Ronbo,
I was thinking the same thing. That was a BIG drop in the USD yesterday - should have juiced the comms, especially the PM's.
So, today after the NFP #'s - Gold spikes - another one of those WTF???? moments.

The long USD trade is so overcrowded, and such a sure thing - that if day's like yesterday happen - the weak longs should have bailed. Too early to tell if this is the beginning of a move down - as Trades used to say - forget the BS - just follow the money (charts)!

I hope that your calls will cash in like last year - you can buy another John Deere for the ranch.

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