The Week Ahead: 2021-02-07
DX is slowing against resist at 91.22 but is holding up well ... I expect much higher but one thing at a time.
Bonds had a tough week last week but I stubbornly think a more meaningful bounce is due. The bounce up to test 171^04 two weeks ago strikes me as too shallow to be the bounce that I’m looking for. Sure, bigger picture, I expect bonds to be lower later in the year. I’m counting the decline from August of last year as a (C) of [B] though it may be constru…
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