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Last week we saw a lot of news about the Dollar hitting new lows and commodities hitting new highs. All of this in the face of a Fed. that refuses to even acknowledge the existence of inflation. Well trust me, inflation has been around much longer than even this country and will continue to be…
Comments: The Dollar continues to get hammered as we edge closer to the next FOMC announcement. We do expect them to cut by at least .50 and .75 or even 1.00 is not out of the question. The .50 cut is already priced into the dollar but more than that and we will likely see…
TRADE CALL RECAP / FIRST DAY OF BANK FLOW TRADE ROOM This morning we were watching the UK Industrial Production report, and looking for a safe trigger of -0.5% to enter a sell on the GBP/USD. The actual number came out with a deviation of -0.2%, so we did not enter this trade. To see…