Hey tradomaniacs,
we currently see weird correlations as YIELDS are going up (especially shorter-term-yields which are likely to move up faster when facing a recession) while the US-Dollar falls.
As you might know, this makes less sense and we should soon see who one of those is lying.
The mixed NFP-Result which was actually bearish for stocks (not in detail due to poor jobs) is causing a little bit of confusion.
Technically we could see a bounce in USD... or a breakout soon? Will YIELDS go down and stocks pump? Since market bets against FED its getting tricky again!
We might see again correlations with sense and more moves after CPis on thursday.
What do you think?
we currently see weird correlations as YIELDS are going up (especially shorter-term-yields which are likely to move up faster when facing a recession) while the US-Dollar falls.
As you might know, this makes less sense and we should soon see who one of those is lying.
The mixed NFP-Result which was actually bearish for stocks (not in detail due to poor jobs) is causing a little bit of confusion.
Technically we could see a bounce in USD... or a breakout soon? Will YIELDS go down and stocks pump? Since market bets against FED its getting tricky again!
We might see again correlations with sense and more moves after CPis on thursday.
What do you think?