Hi Trades,
Thanks for the charts, comments !!
I'm sure I have "lost it" on some of this but it seems we have a bit of a "conflict" brewing as the election approaches relative to Dx price and what the effects normally are.
Doesn't a higher Dx // USD normally bring:
Lower crude/gasoline prices
Lower Commod. prices I.E. food at supermarket main interest here
Then, doesn't that normally bring lower stock market prices hence declining 401k's etc.
Then, Reduced exports likely brings reduced job growth although I might vote for Europe et.al making their own stuff, with their own resources !!
Anyway, I'm curious what you and others think on how a rising Dx/USD will play out.
And, yes, Dx did go down today, but there seems to have been a significant "disconnect" with Gold ??
- And that may be just "safe haven" reaction to events in Europe ??
Anyway, what would the politicians in power likely want to see in order to stay in power ????
Thanks, Lee