Are the recent swings in currencies leading to new trends?
Cory
September 27, 2017
Marc Chandler, Head of Global Currency Strategy at Brown Brothers Harriman joined me today to assess if these recent trend changes in the USD and other major currencies is going to last. After the USD broke down it took some time but is now moving up. We discuss how the Euro, Yen and Canadian Dollar are playing a roll as well as how other equity markets may be impacted.
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Discussion
2 Comments
Sep 27, 2017 27:49 PM
Sep 27, 2017 27:04 PM
Ira’s metals:
You do realize if they try to normalize the Fed balance sheet, the withdrawal of liquidity will cause the stock market to drop.
You do realize raising interest rates requires bond values to decrease, which could inspire a movement out of the bond market.
With bonds AND stocks in decline, don’t you think th Fed will panic?
Ira’s end of day TA
https://youtu.be/vGwInLDLtcQ?t=32