Currencies and Inflation

April 13th U.S. Dollar Update

Formation still in play. Today the U.S. dollar dropped quite a bit, giving the market a boost.

Click chart to enlarge
apr13_usd

Just about everyone is counting on [[GS]] to announce excellent earnings tommorrow and the market to go up. I’m 90% certain that GS will be down tomorrow but not brave enough to buy another “lottery ticket” – I’ve got enough of those at the moment 🙂