Users: Dimon: USD_INDEX.png

USD_INDEX.png

There is correlation between USD Index and Treasury account. To buy t-bills, t-notes or t-bonds one must buy US dollar before. As I said in 2 previous posts I anticipate rise of Treasury account, that's why big USD rally is coming this year (to 110 - 120 level). That's mean trouble for emerging markets and commodities.

Comments

6/4/16
DimonDimon
I almost pretty sure. One can consider it as blow-off top. 6/4/16
BishopofBattleBishopofBattle
dik 6/5/16
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