Saturday, February 25, 2012

Maximum extremes...

Thursday, February 23, 2012

US Dollar…another look at the current pullback...

Below is the Dow Jones FXCM US Dollar Index which tends to give a forward looking view versus the DXY index…its in a very constructive pattern. 
Below is a comparison of the EURO performance to the dollar index...and there is curious divergence in their action. While nearly every blogger is looking for bullish moves and higher highs in risk assets this exactly the opposite of what is happening beneath the sheets for the dollar index.

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