Sorry for my tardiness this morning. Mrs F is opening another yogurt store next week and the details are requiring considerable attention. I'll dispense with some of the usual text and give you the main points to watch.
The main show for the rest of this week will be the dollar. It seems to have found a temporary floor around 73 on the June. Next will come some "surprisingly optimistic economic data" to give it the necessary fuel for a bounce toward 74. ADP tomorrow will be first. Regardless of the number, the keynesian shills will spin it as a positive. The big deal will be the BLS BS on Friday. After the revelation last week that the Fed has made their choice to sacrifice the dollar at the expense of the long bond, any and every opportunity will be taken to squeeze dollar shorts and manipulate the dollar higher. I expect this on Friday. The POSX could even extend through 74 and toward 74.50.
Time and fundos are on our side.
We are still winning. TF