The currency has dropped since the FOMC met, and Treasuries are next.
Currency pegs are popping all over the place. Is Saudi Arabia's next?
I cannot wait for the Fed rate hike drama to be over.
It's bad for countries that sell to China, but for the global economy, it's a different story.
The Fed rate hike is priced in and dollar buying is becoming exhausted.
What happens when governments run out of sovereign debt?
Thursday's euro short squeeze was the first hint at a significant trend reversal in both markets.
The Chinese currency must be both weak and strong. That's a tall order.
The market may not be ready for rate hikes, but when was it?
We got burned on this and are reminded there's no such thing as a free lunch in trading.

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