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TFC Commodity Trading Forum

Re: Thoughts ???/Trades/Lee *LINK* *PIC*
In Response To: Thoughts ???/Trades ()

Hi guys,

Looks like the dollar is breaking higher to the upside here this morning (79.84 currently), trashing inverse markets like Gold and Silver in the process. Those two have been falling quite hard over the last few hours. Interesting action proceeding tomorrow's FED announcement. Some 'talk' is suggesting they may get even more aggressive with QE3 in front of the election. One might 'think' that would be bearish for the greenback, thus further stoking the 'risk-on' trade, but 'thinking' often doesn't pay in today's markets, lol...