Peak Insiders
Premium content exclusive to Peak Insiders and VIP Supporters, Premium content exclusive to Key Supporters

Rates Higher-for-Longer; Vax U-Turn in Progress

Peak Insiders
42
By davefairtex
February 12, 2023

Rates Higher-for-Longer; Vax U-Turn in Progress

Peak Insiders
By davefairtex on
February 12, 2023
42

The buck rose 0.78 [+0.76%] to 103.53 this week, managing to close above the 50 moving average (MA) on Friday for the first time since the big decline began back in November 2022. My weekly DX (dollar) model isn’t quite in bullish mode just yet, but as you can see, this is the first two-week rally for the buck in four months. The “swing low” candle is mildly bullish as well. Note that Powell talked about inflation on Tuesday. CNN provides some of the details: โ€œWe didnโ€™t expect it to be this strong,โ€ Powell said of the January jobs report,

Login or Enroll

This content requires a paid subscription to Peak Prosperity.

From

$10 / month

Comments

Only our paying members have access to premium discussions at Peak Prosperity.

Become a premium member today to gain access to comments like this one and 29 others:

What keeps me going is all the amazing stuff I have found that has been (more or less) suppressed by the bad people. What more is out there to be ...
Select your currency
Credit card and crypto payment options available at checkout.

Crash Course 2.0!

Information you can't afford to live without! Order Today!

 

Pre-Order Now!
Shopping Cart
42
0
Would love your thoughts, please comment.x
()
x
Scroll to Top