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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Andrew~ who wrote (14854)	11/16/2015 7:53:01 PM
From: Goose94	Respond to of 203674

Death of the Carry Trade 2016 looks like it could be setting up to be the year of the U.S. dollar. Since mid-2014, a major upward move has been underway and pushing the USD from the 78/79 level on up to the high 90’s. This move looks set to continue well into 2016 and momentum is gaining. One of the main reasons behind this dramatic move has been the role the Central banks, specifically the Fed and the ECB, have been playing. Europe has been completely lost since the migration began and doesn’t look to be able to get a hold of this situation so their only option is to keep interest rates near zero and pump liquidity into the markets while the U.S. plays the other side of the coin. The United States has a 70% chance of an interest rate hike in December and looks to be on somewhat steady ground with economic data. This will cause an unwinding in the carry trade and a long-term trend to develop. Look for a 2016 year-end target of 110 to build bullish strategies around.