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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (10442)	10/30/2020 11:02:20 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 96624

Yes, but Dollar hasn't really rallied much the past month as markets have sold off. I agree it should and setup is finally there TA wise w/components for it to do so. Components are poised on a thin shelf of support that looks like it has the potential to fail in a big way.

To: Sun Tzu who wrote (10442)	10/30/2020 11:42:49 AM
From: roto	2 Recommendations Recommended By ajtj99 The Ox Read Replies (2) \| Respond to of 96624

a few months ago I was getting 7.1 yuan for the buck. this morning, same buck, I get 6.715 yuan... a -5.4% less bang. fxconvert.net that hurts.. it computes I am poorer +US50 on each $1,000 transaction in just a matter of few months. "Investors are increasingly pouring money into a post-coronavirus China.." While the US Federal Reserve and central banks of other major economies are splashing out money to protect economic activities and jobs, China is seeing a steady flow of funds into its bonds, stocks and investment projects. This is allowing the People’s Bank of China to take a prudent monetary stance and to keep its benchmark interest rate relatively high, which in turn is helping attract more capital inflows while helping offset Washington’s attempts to decouple from China. scmp.com so much so for Chinese currency manipulation. I would say it all goes back to 'investment'.