claydoctor

Euro driving changes to the dollar strength?

FX:USDJPY   USA-dollar/Japansk yen
3
This smells of the dollar strengthening and a US EQUITIES market dropping, for a change. We will have to see how this settles out. Might take a couple days to form and confirm a trend. Low inflation in Euro Zone today out, deflation, could be the game changer, recent stimulus has not had desired effect, they may have to step up their game, and stim is NOT their game, they are too proud and conservative to devalue their Euro strength, but they may have no choice, (and they don't know how to do it well, as a group of countries, slower, disagreements, dramatically effecting the dollar, and some may seek cash, pulling out of the Euro markets for that safe haven, so dollar up may mean markets down, money flowing out, not in.
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