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Yesterday…..
The UN/US Dollar Will Probably Be Bashed Down Soon.
Remember when they used to suddenly bash gold down during the night or day? Well, in my view, when futures traders get too bullish on the Dollar, and get it too high, TPTB or the Fed, bash it down suddenly without warning. The last time they used a phony bad jobs report as a reason for the drop the Dollar.
Look at job report, June DROP on the chart. Dollar was getting too high. Later on in June Brexit drove Dopey back up and way too high again. Giving confidence to dollar bulls again.
Mark my words, watch for another “hit” on the dollar soon, and the margined Dollar Bulls will get hurt AGAIN.
Today. Dollar down. This “change” will probably continue. Dopey UN Dollar too high.
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1