Post by
Cobalt on May 05, 2022 12:15pm
All comes back to the USD
On the edge of breaking-out on a 20 year high, 3% 10 year is sucking in alot of buyers but first you buy USD , Stocks hate a strong dollar , all comes back to the USD
Comment by
Chrisinvan7 on May 05, 2022 12:17pm
Yep. Doesnt help that the Bank of Japan is sacrtificing their currency and printing like Zimbabwe either.
Comment by
topdown99 on May 05, 2022 12:48pm
US buck up , CAD down . A lower Canadian $ means larger profits when US (Eagle Ford) FCF is converted to Canadian funds