Monday, May 9, 2016

Get your affairs in order because this rare technical signal is flashing red

The U.S. dollar, which has been under pressure since late last year, is coming off its best week of the 2016. While it wasn't exactly a huge move, it was enough to deliver a hit to currency traders, who had started the week loaded up on short positions to a degree not seen in almost two years. In other words, it was finally a great week to be a dollar contrarian....(read more)
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