GREY:HGGOF - Post by User
Post by
tarsandson Apr 25, 2022 10:55am
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Post# 34628886
I mean look at the numbers
I mean look at the numbers U.S. Dallas Fed Mfg Business Index
Latest Release Apr 25, 2022
Actual 1.1
Previous 8.7
A higher than expected reading should be taken as positive/bullish for the USD , while a lower than expected reading should be taken as negative/bearish for the USD.
So it has come down from 8.7 too 1.1 and it says above that this is considered a BEARISH signal for the USD, and yet it is up on the day.
So its just the best dirty shirt in the hamper like analogy.
Darn soon everyone is going too see this and dump the USD.
But China has too wake up and use better vaccines and not have a 0 tolerance towards COVID.
Seems people have too somehow live with it while fighting it with the best vaccines.
And Chinese Vaccines are not the best by far.