After ranging for weeks, the USD/JPY pair finally broke through the elusive 100 level, and Greg Harmon of Dragonfly Capital notes that these trends can last for a very long time and extend further than most people think.
New COT data shows little change in the way that large speculators and hedge funds were leaning toward last week, writes the staff at CountingPips.com, also describing new trends impacting the euro, pound, yen, and more.
All that central bank cash sloshing trough the global financial system is creating asset bubbles that have developing nations on edge—and poised to hit the economic brakes, writes MoneyShow's Jim Jubak, also of Jubak's Picks.
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