Here is why the Us-Dollar stands still! Pump should come soon!
Hey tradomaniacs,
everything I wanna say is mentioned in the chart.
Yields are currently falling due to more demand in Bonds (oversold market) which are attractive for investors who want less volatility.
When there is demand in Bondy yields are moving down (negative correlation) which is dragging down the momentum for US-Dollar which should actually move up when equities fall.
Wait for yields to pump during the sell-off in stocks and US-Dollar will pump.
everything I wanna say is mentioned in the chart.
Yields are currently falling due to more demand in Bonds (oversold market) which are attractive for investors who want less volatility.
When there is demand in Bondy yields are moving down (negative correlation) which is dragging down the momentum for US-Dollar which should actually move up when equities fall.
Wait for yields to pump during the sell-off in stocks and US-Dollar will pump.
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.