by winston » Sun Jul 19, 2015 9:13 pm
Euro/$: 1.0836 versus 1.0880.
Took out the May and June peak on the week, now moving toward the April then March high.
Interestingly, China, through Brussels, has sold a record $143B in US treasuries in the past three months.
Russia and China continue to divest of US financial assets (not hard assets) as they put their efforts in their Asia bank.
Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"