USD should rally because of the EDB LTRO-funding but
that wouldn't be good for the market. Two opposite forces
and very confusing. Liquidity seems to be the stronger force right
now.
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Interesting diversion between EURO and $SPX
Posted by tomW1 on 2nd of Mar 2012 at 11:06 am
http://stockcharts.com/h-sc/ui?s=$XEU&p=D&yr=3&mn=8&dy=24&id=p19488862615&listNum=1&a=255231070
agree but with all QE from ECB it shouldn't be a surprise.
Posted by lebow on 2nd of Mar 2012 at 01:26 pm
USD should rally because of the EDB LTRO-funding but that wouldn't be good for the market. Two opposite forces and very confusing. Liquidity seems to be the stronger force right now.