ridethepig | EURUSD the titanic is turning...
Updated
On the flow side, as widely expected the ending of and the beginning of an impulsive . The 1.0905x lows held and attracted a fresh round of EUR demand. For the European fundamentals, it should be no surprises we are starting a new chapter in fiscal policy here too, I recommend all to embrace the fiscal easing and continue to work the buy-side in EUR.
Dollar devaluation is in motion, the USD rally is complete and the highs have been seen for a very long time. Powell flooding the market with USD supply is going to fuel the start of what will become a multi-year USD bear market.
I like selling USD against EUR in particular and will continue to work longs in the basket. Best of luck those in EURUSD and other USD sells.
Thanks for keeping the likes and comments coming.
Dollar devaluation is in motion, the USD rally is complete and the highs have been seen for a very long time. Powell flooding the market with USD supply is going to fuel the start of what will become a multi-year USD bear market.
I like selling USD against EUR in particular and will continue to work longs in the basket. Best of luck those in EURUSD and other USD sells.
Thanks for keeping the likes and comments coming.
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