Even when vintage Tiger put a drive in the rough he still recovered for a birdie; that’s how it feels with dollar longs at the moment. No matter when/where you take the first swing in the trade … at the end of the day you have a winner.
A round of dollar selling hit shortly after the retail sales data and pushed USD down 15-30 pips across the board but it’s now completely reversed.
In this market, if you’ve got dollars, sleep on ‘em.
A dollar bull getting comfy
Update: Late in the day the US dollar sold off again and the ripped back. Just amazing.
