OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

The Ongoing Smack Down Smells a Lot Like Very Bullish Dollar Bulls That Believe The Fed Will Raise Rates

Posted by Mr.Copper @ 19:22 on October 4, 2016  

The Bankers are boxed in. They can’t raise rates. Its just wishful thinking. Because of Brexit, the British pound fell like a rock, plus other countries tend to devalue their currencies which helps push the dollar higher.

The bullish dollar play and the bearish Pound play are both very over extended trends. Sooner or later, most likely sooner, this idiotic dollar bull market will reverse. Either naturally, or the Fed with Goldman Sachs will sell or short a million dollar contracts.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.