‘Dollar’ Change Starting In March May Be Just Buying Time

By |2015-05-19T12:09:40-04:00May 19th, 2015|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Given the dramatic inflection in “dollar” behavior surrounding the March 18 FOMC meeting there wasn’t much surprising in the latest TIC figures for that month. If anything was complicated it was due solely to the fact that this change occurred mid-month. For the most part, the heavy “tightening” trend that began anew after January was reset by the end of [...]