The yield curve is flattening,gold is spiking,and the dollar is puking...all has the smell of'policy error'?
收益率曲线正在平缓，黄金价格正在飙升，美元正在贬值......所有这一切都带着政策错误的味道？
The dollar is down hard since Powell's comments on inflation...
自从鲍威尔就通货膨胀发表言论以来，美元已经大幅下跌.....。
Source:Bloomberg
来源:彭博社
As Bloomberg's Richard Breslow notes:
正如彭博社(Bloomberg)的理查德•布雷斯洛(Richard Breslow)所指出的:
The Bloomberg Dollar Index is trading right at 1195,which is a big technical level by several different measures.It should function as an important pivot area.Aside from the index as a whole,there are legitimate reasons to be watching upside targets for a number of the currencies making up many of its component parts.With the momentum currently in that direction.But they haven't crossed through yet.And,something I didn't expect to see today,USD/JPY is toying with the notion of whether it has any interest in sneaking below its 21-day moving average.That would be a shocker.As a guess,the BOJ is unlikely to have interest seeing the pair much below 108.
彭博美元指数正好处于1195点，从几个不同的标准来看，这是一个很大的技术水平。它应该成为一个重要的枢纽地区。除了作为一个整体，我们还有合理的理由关注一些货币的上涨目标，这些货币构成了该指数的许多组成部分。鉴于目前朝着这个方向发展的势头。但是他们还没有穿越过去。而且，今天我没有预料到的是，美元兑日圆正在考虑是否有兴趣跌破21日移动平均线。这将令人震惊。作为猜测，日本央行不太可能有兴趣看到这两只股票远低于108点。
Gold bounced off its 21-DMA and currently attempting to tackle its 55-DMA.Sub-1500 just looks like a place it doesn't want to be.If it goes back below there,you will have learned something important.
黄金从其21-DMA 中反弹，目前正试图解决其55-DMA 问题。低于1500看起来就像它不想去的地方。如果它回到那里，你就会学到一些重要的东西。
And as the dollar dived,gold surged...
随着美元贬值，黄金价格飙升..。
And the yield curve continues to flatten...
收益率曲线继续趋于平缓.....。
Source:Bloomberg
来源:彭博社
We're gonna need a Trump trade tweet.
我们需要一条特朗普的交易推文。
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