The US dollar correlates positively to US Treasuries.
Market participants needs US dollar when buying US Treasuries as investments or as collateral.
Now we see a pretty sharp diverence and break of that correlation.
One would anticiapte a return to mean of this relationship.
My base-case is that the dollar will follow bonds and get bid up.
In short, my...
If anything a short sell would have been optimal on the corner as price action may move lower as this price action appears peaked. An entry point at the next upper median line would offer good risk return because a buy stop would have structure behind the proposed entry with significant return opportunities. This would mean that short term interest rates would...
At the beginning of the year it passed a key level where it was at in April-May of 2018 to maybe show some sign of a bullish reversal incoming. Will be posting a comment with 4HR timeframes to see the consolidation more clearly.