Those no-brainers can kill ya dead... Big guys liquidating?
No-brainer: NFE image 111K 146K 206K image UER image 4.6% 4.5% 4.5% AHE image 0.2% 0.4% 0.4% image
This is why trading appeals to me more than investing: you can profit from pessimism. Bears always have enough to eat. They just have to look for it. Economics is a subset of politics, even if most would like to think it is not.
What are the implications of political sentiment on currency? Here's my take on the major ...
I see nothing to support the USD near term. The ISM was below 50, inflation up and the ECB remains hawkish to neutral with the Fed holding at 5.25%.