Thursday 20 October 2016

The Dollar Bull Looks Unstoppable

With the European Union sticking to their QE plan, there is no where for MONEY to go to but to the USA.
Don't read too much into the small rise of jobless claims, as they were due to partly because of natural disasters.
A deeper look at the jobless numbers, will show you why, this DOLLAR BULL, has some massive testosterone's to PLAY with.
Jobless filings have been below 300,000 for 85 straight weeks -- the longest streak since 1970 and a level typical for a healthy labour market.
That'46 years and counting. So the Ringgit might take a step or two forward due to rising oil prices, but after the ECSTASY dies DOWN, the Dollar Bull is going to play the sweet chin music.
That should be sweet music for Malaysian Exporters, who are finally going to get a solution tomorrow on their foreign labour shortage