tag:blogger.com,1999:blog-2992740250270600844.post4355579446193306340..comments2024-03-24T05:26:32.964-07:00Comments on Advancing Time: Dollar Pushed Higher Then Backed Off - Why?Bruce Wildshttp://www.blogger.com/profile/10181323607060607040noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2992740250270600844.post-18261520735887420232020-02-29T14:42:15.889-08:002020-02-29T14:42:15.889-08:00Recent USD strength may be a knee jerk reaction to...Recent USD strength may be a knee jerk reaction to falling equities - buy Bonds. But falling international trade requiring countries to hold less USD, reversal of the Euro/USD carry trade and a growing Asian currency axis may swing the balance. With $23trn debt, and 20% of US homes and the US nuclear fleet powered by uranium purchased from Russia/Russian controlled states, it ain't over yet.Andy Mulhttps://www.blogger.com/profile/00330726075290091805noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-59681110174723718582020-02-29T04:24:42.745-08:002020-02-29T04:24:42.745-08:00This is spot on Bruce! I keep track of EUR/USD and...This is spot on Bruce! I keep track of EUR/USD and it has screamed higher (who knows how) which had a temporary affect on the carnage of the SPX. Although,the last lift was Friday close. I learned the overnight repo went international. Perhaps that is the reason the dollar crept higher during the market melt up.TheCrafthttps://www.blogger.com/profile/10830146896427844513noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-49902866309523083292020-02-28T12:19:53.043-08:002020-02-28T12:19:53.043-08:00A statement by the Fed chairman just before 3 pm o...A statement by the Fed chairman just before 3 pm on Friday pushed the dollar a tad lower. It was interpreted by some that a rate cute might come sooner rather than later. Still, this changes nothing in that if America lowers interest rates, they will not be alone. Bruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.com