I can't believe usd has not fallen 10x more than it has. It rose from below 80 to over 100 not on fed moves, but on fed comments alone. And now it's obvious to anyone with half a clue that there will not be a rate rise. Yet the market appears to actually be waiting for the fed to say so. This gives us an enormous opportunity to short the sh/t out of it at these lofty levels, with very low risk. Once they announce QE4, expect sub 80 within a short period
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I can't believe usd has not fallen 10x more than it has. It rose...
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