VIX, Oil, BRICS & Sterling's Sell-Appeal

I don't think so, mo. They might increase their QE program further...

the point is the stocks are bolstered in pary by dollar funding as you know so they are interlinked. my best guess is that we have topped in US/European stocks this year so shorting dollar is not best option. Even Jim rogers believes in this and hes the most bearish on greenback.

the markets have been so optimistic about global recovery recently and stocks have barely moved higher in the recent months. downside risks in equties outweigh upside potential at current levels. what the markets are saying now is that they dont expect first part of 2010 to be any better than they have been last quarter. that is if you presume stocks to be foreward thinking by about a quarter or two. Plus, look at the financial stocks for a guide to financial sector confidence which seems to have declined and could be very dollar positive.

xaron thats not what stocks are saying tonight!

todays stocks market close in the US seems like the equity markets there have completely run out of steam. even the fed cant seem to generate any more energy as much of the days gains were erased despite feds promise of extended loose policy.

as again, todays dollar negative response was justs a knee jerk reaction against the dollar. expect a dollar rebound tomorrow. perfect opportunity to go long dollar.

Daily and weakly GBP/USD Chart looks extremely bullish. I added to mu long GBP/USD