joj,
I moved the original thread below from the NTR to trading forum using my Ipad and now MarketForum won't allow comments below it.
Getting this message:
This happens every few hundred posts or so that are moved from the NTR forum. I can't explain it but will just start a new thread here with an apology.
US$ - Interest Rate Divergence
Started by joj - Sept. 12, 2022, 4:58 p.m.
The interest rates going up has been in step with the US$ going up. Recently the US$ has backed off a bit even as interest rates have ticked higher. Small sample size but divergences often foretell underlying strength/weakness in a market.
Gold bucked interest rates today too (although weak US$ - gold relationship is in step)
BTW, I also accidentally put a dozen trading posts in the NTR forum every week and still can't remember to change the default NTR setting to trading forum much of the time.
These are astute observations joj, thanks!
Good thing that I tried to make this comment right after moving the post or others would have been frustrated trying to post to the other thread.