/biz/ - Business & Finance

>>51144364

It broke out of a downward channel that it had been in for a week, so ordinarily I'd say, probably breaks through that level.

Thing is tho, there are so many games being played in the FX markets to try to crush oil and manage outcomes. BOJ, BOE, BOC, FED/Treasury, they're all working together on this shit. It's completely controlled and impossible to be sure what the end-game is going to be. Difficult to believe the Fed really wants DXY 150, but if they think they can suppress vol and keep stock losses contained maybe they do.

Big question is the yuropeens. IDK wtf the ECB is doing in all this. It sure looks like the Fed is basically trying to rip the European union apart. Ukraine business was supposed to be about fracturing and regime-changing Russia to use them against China. Instead it looks like yurop is going to suffer that outcome. It's like the US handed them a gun and ordered them to shoot themselves in the head, and they didn't want to offend us so they did. Just remarkable.