SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (18073)3/31/2016 1:28:44 PM
From: The Ox1 Recommendation

Recommended By
Davy Crockett

  Read Replies (1) of 33421
 
I've been under the impression that the USD index was a "buy the rumor, sell the news" setup. The huge ramp up in anticipation of the first FED hike caused all kinds of disconnects in the global currency markets. These have mostly been "digested" over the past few months as the pressures have been let out slowly.

Chip's terrific chart with the Andrews pitchforks show this beautifully on the USD but I suggest that looking around at the Euro, Yen and other currencies show similar "revisions to the short term mean".

Now that the worry over too many hikes, too fast has been put to rest, we've seen a nice "breather" which I'm sure many believe is, or want to read into as, weakness.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News