Commodity FX (CAD AUD NZD NOK)

Now its the inflation story that is dragging down the USD index. Last time i recall, when latin american countries ran into inflation their currencies devalued and the governments had to raise rates both to control inflation, and to give a reason for foreigners to take on the risk and park their money in a currency that may be going downhill.

So what gives? It seems the USD can do no right. If US numbers/growth are better than europe with lower inflation, the reason to rally is because they say risk is back on.
Well if inflation goes up, costs will trickle into reducing corporate margins (if they avoid passing it to US consumers), and the S&P should be peaking then? All indications are this is a classic suckers rally during earnings season, where wall street sells into the strength which is brought about by investors who are buying the hype. I expect a correction, perhaps even tomorrow!!

250 pips and the cleopatra table at the coffee.
this is what u are gonna say
thanks former GS dublin.

25bp a certainty. 50bp a mere possibility. Oil was heading towards $83-84 before the unrest in Egypt started. The cloud of sustained interest rate hikes looms.

it is not important. me i dont look at this.

AMPW is a takeover Hunnu coal is Mongolia explorer. Mongolia is hot .