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Thursday, November 25, 2021

The USD has been trending up. Why?


We had stated as early as Feb 2021 that the USD would be trending up because of impacts from China's credit impulse and we had been proven right again.

http://sg-stock.blogspot.com/2021/02/chinas-monetary-tightening-will-impact.html

As projected, the USD had been trending up recently.  We had explained previously that the USD trajectory would lag the credit impulse.

http://sg-stock.blogspot.com/2021/06/why-is-there-discrepancy-in.html

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