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Tag: Hike

Long USD ?>

Long USD

I’ll open a long in the USD as by macro I expect a rate hike this month or early next year because of the following things: 1- Inflation is at 1.6%, close to the 2% that the FED has stablished as a perfect inflation rate. Recently OPEC has agreed (or at least they are in advanced talks about it) to cut oil production, so inflation will boost as oil prices are going up because of the lower production. 2- At…

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