Dear Members,
Donald Trumps remarks on the Fed sparked off moves in the bond market and then the Dollar
Everyone is interpreting his remarks on the interest rate policy as a sign that he wants to weaken the dollar, however as I have discussed before and explained in deep there is no direct correlation between interest rates and the dollar, it is between bond
prices and dollar. The exact opposite of what is often reported. So this video discussed the chart of the two on the same page and rubs it in again, why interest rate parity theory is a thing past after floating rate currencies took root. What does it mean for these markets in the months ahead, my outlook.