The Federal Reserve has said that it may begin phasing out quantitative easing this year. Markets are not ready for a new monetary policy yet, and stocks should correct throughout the summer.
Monday, 24 June 2013
Monday, 10 June 2013
|Bureau of Labor Statistics|
Tuesday, 4 June 2013
There is a divergence between the price and the RSI indicator. The US dollar tends to top in June and bottom at the end of the year. A move below 81.10 can take the price to 80.70 provide it does not rebound above 81.50.
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