Loading ...Not sure why inflation is bullish for the USD
I think the Dollar bid is all scum…it went bid on the CPI, tks to classic scum…then took it all back and was about to go well offered and the scum came right back and bid it all back…since then they have held it.
Without the scum these mkts would be creating, total panic…you’d have the Dollar falling apart, PM’s flying and the SM crashing…..as it is the moves are there, but it is like pulling teeth, the scum are slowing it all down, massively.
One other thought, is that because the Fed is on the other side so much, the size of the positions will be monstrous….which means it is all an accident waiting to happen.