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Atlunch, it is starting to look a little out of...

  1. Thommo25
    320 Posts.
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    04/12/09
    11:39
    Post #: 6003382
    Atlunch, it is starting to look a little out of puff.

    http://www.marketoracle.co.uk/Article15541.html

    This article on US Treasuries - interesting observation/analysis that supports a potential bounce in the dollar.

    If the report tonight is good, could that put a bid under the US dollar? If so, indices and commodities may take a hit. Gold also looks really overstretched, so some sort of retracement may be beginning now.

    Thommo
    XJO Value at posting: 4,725.4
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    lightbulb Created with Sketch.  Great analysis
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