Karpel’s Corner: Dollar is King of the Currencies

Welcome to Karpel’s Corner. This is where I throw out my thoughts on the markets and share some of my favorite strategies. I keep it market-focused, and never miss an opportunity to teach trading strategies and commentate on the latest trends affecting the financial markets. Hope you enjoy today’s post!

Quantitative easing talk in the EU has the Euro breaking to the downside, bolstering an already strong Dollar rally.

This has a bit of a yield frenzy going on. When compared to EU and Japanese yields, US Treasuries yields look appealing believe it or not. The uncertainty in the EU and strength in the buck are catalysts going into this week and we will monitor this closely.  

There is a lot of data coming out during this shortened week, and we are going to cover it all on Tradespoon Live TV today at 11 am CST (a day off its regular Monday schedule due to the holiday).  Join myself and Joe Cusick as we cover the events and stocks that are on our radar: http://www.tradespoon.com/video/

See you next time at the Corner!