It's thurTard back again claiming the dollar is going to reverse, forcing profit taking in the reflation (commodity) trade. Yeah, I've said a couple times last week that this would be the week it would reverse, but so far USD continues to be used as TP. I'm not calling for a bull run in wampum, just to look out in the near-term as I suspect the buck will catch a bid soon. $85 stands out if a $82.50 is taken out. Outlook is unclear beyond that, but Eurozone has it far worse that we do. You'll have to ask Cramer for a long term view.
1 hour ago
