the 6th of Sept 2022 — Tuesday
Intrude Into The Market Place: Day 12
EURO FALLS FURTHER AGAINST THE DOLLAR at $0.9864! Energy Crisis: German, Spain & Japan’s talks & actions.
- DOW: (-0.65%)
- NDX: (-0.08%)
- DXY: (+0.42% )
- XAUUSD: (-0.31%)
- USOIL: (-2.62%)
- UKOIL: (-2.62%)
DOW & NDX
There’s Bearish Engulfing. Would it break soon? Let’s keep monitoring
Dollar
110 — The peak within late 20 years.
Has it peaked yet?
The Peaks
- First: In 1980-s
- Second: In 2000-s
- Third: Happening Now
The First Peak:
- 1x% Inflation rate hit The US.
- Paul Volcker (The Chair of the Federal Reserve at that time) decided to raise the Federal funds rate to 20% to tackle inflation.
- The economy was recovering in 1978 and…
