Sunday, February 26, 2012 9:04:53 PM
So why is this?
I overlayed DXY with AUD/USD and since the crosshairs about 11-23-11 or so we've seen a total disconnect between AU and the index which has resulted in this walk-the-plank looking chart on AU. Obviously divergence in it's basest form but why? I can only suspect that it has something to do with crossflows relating to the euro/Greece situation but mapping it out in my mind is hard to do with the butterfly in Tokyo scenario. Any thoughts?
I overlayed DXY with AUD/USD and since the crosshairs about 11-23-11 or so we've seen a total disconnect between AU and the index which has resulted in this walk-the-plank looking chart on AU. Obviously divergence in it's basest form but why? I can only suspect that it has something to do with crossflows relating to the euro/Greece situation but mapping it out in my mind is hard to do with the butterfly in Tokyo scenario. Any thoughts?
the government cannot give anything to anyone -- that they have not first taken away from someone else.
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