If you can find x <b>reasons</b> for x different ways of slicing the data, you will gain some insight about the possible catalysts that seemed to intrigue you.
If it's ever been a period where the fed could wish the CPI numbers was different from what they really are, I think it would be now. I think the fed wants to take short term rates as high as it possible can so that it has ammunition to fight the coming low-inflations/deflation environment due to reasons Iâve mentioned earlier in this tread. I donât think the fed will be able to lift short term rates much more though, since I think this low inflation environment will come faster than people expect.
Except for the dollar, which is up. We have the same environment right now we had Monday morning before bonds rallied. Anybody who's not long? Here's another chance to get in.
You are right. My error. I forgot that the Euro/Dollar is backwards (down means the dollar is up). Thank God I don't trade currencies.
I also stay away from currencies. It's a game where the rules are constantly improvised, at least that's the way it looks to me.
I swing trade, I will "scalp" 50 Ticks if it happens fast. EC is extremely liquid so you can get in and out in a second, if you chose to!
Currencies trend much better throughout the day and as Surdo says, it's very liquid especially Euro and Yen. Currency futures are my trade of choice, but of course like the notes as well. I'm not sure there is a better market where technicals work--although notes are good as well.