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Dollar index

SOT is interesting for, that usually extreme positions can be an indicator of an impending reversal. I'd like to note, that some still don't understand, that COT is not an indicator of momentary action, but is only an additional factor. which must be considered in a complex equation. Besides, what is this weekly data , substantial inertia, to make hasty decisions. Therefore, one can only judge about some saturation of the movement in a certain instrument., well, technical behavior can be extraordinary.
Nevertheless, I find this data useful. Extreme values ​​and dynamics of change are important.
I found it interesting, what for the last 3 year value in 20000 contracts on shorts of LARGE traders was an extreme value. after which there was a trend reversal.




Thinking out loud

OK then, this is not the end of the world and liquidity withdrawal. What is this?
And this is, what “Hello carry trade ! You shorted the free dollar and bought high yielding assets?! Put your little suitcase away, well put your suitcase away. I won't clean,but I won't clean…….”

Come on, return the dollars! Hello golden on 950 in 2010!


Intervention

From some sources, the reason for the dollar rebound was the possible intervention of the Bank of Japan and the Bank of Switzerland..

Bernanke's promises.

BNE 20:15 Bernanke Says Lending Curbs, Job ‘Headwinds’ Restraining Growth
BNE 19:33 Argentina-Brazil Trade Spat Threatens Weaker Peso (Update2)
BNE 19:38 Oil Rises the Most in a Month on Weaker Dollar, Equity Gain
BLG 20:20 Seeking Alpha: Is China Going to Revalue the Yuan?
BNE 20:20 Dollar Pares Loss on Bernanke’s Pledge to Support Currency
CQT 20:20 Federal Reserve Board Of Governors Chairman Ben Bernanke.., spoon
BLG 20:20 + Business Insider: Bernanke: Fed will keep eye on sliding dollar
BNE 20:20 + Treasuries Rise as Bernanke Says ‘Headwinds’ Warrant Low Rates
CNN 20:19 + CNN: Bernanke: Weak recovery ahead
BNE 20:16 *DOLLAR PARES LOSSES VERSUS EURO ON BERNANKE’S CURRENCY STANCE
BNE 20:16 Taiwan, China Agree to Widen Access to Financial Markets
APW 20:15 Bernanke: Fed Will Keep Eye on Sliding Dollar
BNE 20:15 Bernanke Says Lending Curbs, Job ‘Headwinds’ Restraining Growth
BNE 20:15 *TREASURIES REMAIN HIGHER AFTER RELEASE OF BERNANKE REMARKS
APW 20:15 AP NewsAlert: Bernanke: Fed will keep eye on sliding dollar,
BNE 20:15 *BERNANKE SAYS FED WILL MONITOR DOLLAR `CLOSELY’
BNE 20:15 *BERNANKE SAYS INFLATION LIKELY TO REMAIN SUBDUED FOR SOME TIME
BNE 20:15 *BERNANKE SAYS `LONGER-RUN INFLATION EXPECTATIONS ARE STABLE’
BNE 20:15 *BERNANKE SAYS INFLATION OUTLOOK FACES `NUMBER OF CROSSCURRENTS’
BNE 20:15 *BERNANKE SAYS FED POLICY WILL HELP ENSURE `DOLLAR IS STRONG’
BNE 20:15 *BERNANKE SAYS COMMERCIAL REAL ESTATE LOAN QUALITY DETERIORATED
BNE 20:15 *BERNANKE SAYS BANKS `ESPECIALLY CONSERVATIVE’ IN TAKING ON RISK
BNE 20:15 *BERNANKE SAYS DEMAND FOR CREDIT HAS `FALLEN SIGNIFICANTLY’
BNE 20:15 *BERNANKE SAYS `SIGNIFICANT ECONOMIC CHALLENGES REMAIN’
BNE 20:15 *BERNANKE: BANKS CONTINUE TO TIGHTEN TERMS FOR MOST CREDIT TYPES
BNE 20:15 *BERNANKE: MANY PARTS OF FINANCIAL SYSTEM IMPROVED SUBSTANTIALLY
BNE 20:15 *BERNANKE SAYS `MODERATE ECONOMIC GROWTH TO CONTINUE NEXT YEAR’
BNE 20:15 *BERNANKE: ECONOMY’S EVOLUTION IN 2010 AND BEYOND `LESS CERTAIN’
BNE 20:15 *BERNANKE SEES `HEADWINDS,’ SAYS `FUTURE SETBACKS ARE POSSIBLE’
BNE 20:15 *BERNANKE SAYS `UNEMPLOYMENT MUCH TOO HIGH’
BNE 20:15 *BERNANKE SAYS CREDIT `CONSTRAINED,’ ECONOMIC ACTIVITY `WEAK’
BNE 20:15 *BERNANKE COMMENTING ON ECONOMY, POLICY IN NEW YORK SPEECH

Interesting!!!!

Interesting, and what do you suggest Chinese comrades? Me too for a strong dollar, but my arms are short to influence the situation

Today 09:25am EST / 02:25pm GMT
(CH) China’s top bank regulator: the weak U.S. dollar and Fed pledge to keep interest rates low are a threat to economic recovery – Liu Mingkang, chairman of the China Banking Regulatory Commission…..

China’s chief banking regulator said Sunday that persistently low US interest rates and a declining U.S. dollar are leading to new global economic risks.

The U.S. government’s promise to keep interest rates low for an extended period is encouraging a U.S. dollar carry trade and leading to massive speculation, Liu Mingkang, Chairman of the China Banking Regulatory Commission, said at a financial forum.

Such conditions “are seriously impacting global asset prices and encouraging speculation in stock and property markets,” he said.

The declining US dollar poses risks to the global economic recovery, especially for emerging economies, he said.

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