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Dollar Pushed Higher Then Backed Off – Why?
The dollar’s weakness in the last few days can be explained from the yen being used as a conduit for wealth fleeing China and the euro enjoying a “dead cat” bounce. The dollar still sits at the higher part of its range. Currencies seem to be locked...
Fed Creates Even More Reserves, Adds 3 Additional Repo Operations With Longer Maturities!
The Fed will also adjust the “timing and amounts” as necessary… The Fed has upped the ante in its market intervention. Statement from the NY Fed (yellow highlight added for emphasis): Of course they’ll adjust the “timing and amounts”, and there’s a good...Start Your Dollarcation With RTD University
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