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April 9, 2014

Dollar Cycle Surprise in the Works?

The decline of the dollar's current daily cycle is now officially larger than anticipated. With a Day 16 peak delivering the expectation for a right-translated cycle, we should have seen the buck post a modest drop followed by a bounce into a new daily cycle and a rally to further highs. Instead, the DX is now threatening to form a failed cycle: ...

 

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