Commodity Trade Mantra

Posts Tagged ‘Contrarian Standpoint’

Everyone Is Probably Wrong About The US Dollar

Could the current US dollar rally last a bit longer? Absolutely. However, it is unlikely to move substantially higher without a reasonable correction first. From a contrarian standpoint, with everybody on the long side of the trade, it may be time to take the opposing view. The good news is that a weaker dollar will play favorably for the beaten down commodity driven sectors.

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