MacroVoices #331 Jeff Snider: The Eurodollar Curve Says Deflation Not Inflation
Macro Voices
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Is the Us Dollar Going to Be Oversold?
We're coming back to that critical zone that we had on chart from mot boy a year ago. The biggest mackerel call to make is whena does this dollar move end? And i don't know whether i have a strong conviction to make that call, but the trend is very dominant right now. We came to a pretty big, high volume note consolidation zone fromhe trading that happened in april and may. It will be really interesting to see whether that sell off the other day will be just, in the end, brushed off or not.
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