Loading ...So far, the dollar is up 3 of the last 4 trading days, but not a big move by any stretch, less than 1%. If it holds up today it will take us over the 1% mark.
Definitely back to moving up with rising rates, which continue to march higher now about 4.43%. So close to the deadly 4.5% level.
Hard for me to understand what’s happening in the bond market. I get that given our debt they aren’t that attractive. OTOH, rates around the west are so much lower. It’s not like Europe and the UK are doing all that well. Where is the money going?
Looks like another push to get GLD back under the 50 day.