Good charts BHS, also I just noticed that Forex Vx is trending with both WTI and Brent Crude prices. We’re seeing a global steady shift of liquidity out of the EZ. I don’t think it’s going to any one place.
The big players are further diversifying.
The sovereigns are pimping their debt out like so many high end escorts to get liquidity in their direction.
The US fate of the election will hinge more of the make up of Congress than the WH as unless something extremely out of the blue happens, Obama will be reelected. Again, US fiscal policy is a big driver.
FX is in a cool down period and I think everyone is looking for a direction.
Now would be a good time to train up on one’s range trading skills because were’ gonna be in this funk till late summer as the US election draws nigh.
As for MD? Call it the little EA that could. Its gonna be a bumpy ride so cinch your seatbelts kiddies.
All this is just my opinion…