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Showing posts with the label DXY

Trump sacks Fed governor Lisa Cook, as he tries to take over the independence of the Federal Reserve, so the bank can slash interest rates to 0%

U.S. Dollar begins to rise on sticky inflation, a wider middle east conflict, Donald Trump possibly being re-elected as America's president in November 2024. All stock market negative. Stocks bull run for the tailend of 2023 may have come to an end.

The Gold price collapses as U.S. short end bond yields and U.S. Dollar surge. Oversold and holding above 1845. Awaiting a Bitcoin crash as a feigned inflation hedge. History repeats ala end of 2022.

The Markets are acting very odd. Interest rates and speculation are rising at the same time. With wonky forecasts for a U.S. recession, thus rates pauses and cuts. Energy prices are still too high relative to the USD

*UPDATED* Gold the Doomsday hedge has been activated as the U.S. Dollar trades in a narrow range. America shoots down 4 Chinese spy balloons. Awaiting U.S. sanctions and/or restricting Western tech companies that may have been used to create the balloons hardware.

Amusing chart of U.S. Dollars (Futures) Bid and the DXY (U.S. Dollar against a basket of currencies) is sell = Volatility. Will the Fed trigger 0.75%? Probably. Oh, and the Chinese have said they've detected an alien civilization. Strange days...

Oil is holding, despite China lockdown. Putin 'put' at $100 on only Rubles to be accepted for oil and gas. The "doomsday" hedge gold has sold off with U.S. Dollar demand. All eyes on NATO.