joj: "US$ - Interest Rate Divergence"
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Started by metmike - Sept. 12, 2022, 7:03 p.m.

    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.

Comments
By metmike - Sept. 12, 2022, 7:08 p.m.
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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.