Dollar Stuck in the Middle; and China jumps into Hong Kong (CNH)

11 January 2016/9:39 a.m. ET

Dollar continues to trade in the middle of the pack today. It seems stuck between JPY and EUR on one end; and commodity currencies and GBP on the other…

US Dollar Index still in a range…a deeper correction or a thrust higher in Wave 5?  Poor relative price action in the buck despite a very good jobs number on Friday can’t excite the bulls.

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Jack Crooks

Black Swan Capital

www.blackswantrading.com

 

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