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re: FED decision today and implications
Posted on 11/2/22 at 10:33 am to wutangfinancial
Posted on 11/2/22 at 10:33 am to wutangfinancial
I'm short the dollar because it is through the roof and will come down at some point. When that will be keeps getting kicked down the road. In the meantime, I can make some aggressive plays at a stronger dollar because I'm covered if it weakens.
My open positions will be dramatically different a few hours from now after Powell speaks.
My open positions will be dramatically different a few hours from now after Powell speaks.
1
Posted on 11/3/22 at 5:59 am to BarleyPop
quote:
I'm short the dollar because it is through the roof and will come down at some point. When that will be keeps getting kicked down the road. In the meantime, I can make some aggressive plays at a stronger dollar because I'm covered if it weakens. My open positions will be dramatically different a few hours from now after Powell speaks.
The dollar remains strong because the USA is still the best country in the world to invest. Better than Mexico, Canada or anywhere in South America. Better than Africa. Better than Europe…
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