Look at the OTIS GAP on the dollar yesterday. Huh? People going to flock into Yuan and throw the dollar under the bus? Maybe only as a shake out prior to a dollar run up.
The more things change the more they stay the same. With a few geopolitical tensions and currency wars, it seems obvious to me that a flight to big daddy Dollar will occur. Look at today's move up, correcting the gap down. OTIS, but it is the market we are given, you choose to participate or not.
Sure it's tough to buy the dollar after this impulsive move up.....that is a tough trade to take, think about it.
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Insightful and Useful Comment!