G7 fails to reach intervention deal to ease pain of soaring dollar
#5

least worried.  Dollars will come down when Fed reduce the Fund rate.  Fed will reduce the Fund rate when US falls into recession. Oil,  Baltic dry index r falling more than 20% into the bear market.  Gold is stubbornly low,  meaning no recession in sight. 

Market is presently looking for signs of recession with hope that Fed would reduce rate. Now waiting for US yield to fall b4 entering the market.



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