Friday, May 6, 2011

Dollar Rally Looks for Fuel - Can NFPs Carry the Bull Run?





It seems that the dollar has put in for a critical reversal just ahead of the market’s most market-moving economic release. However, it is important to push back our speculative appetites to review the market with an objective eye towards fundamentals and capital flows. The first thing we need to appreciate is that regardless of the follow through on the greenback’s recent appreciation, it is still a tentative move.




No comments:

Post a Comment