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Jamie's Analyst Pick: 7/14/2015

Jamie's Analyst Pick: 7/14/2015

2015-07-14 12:40:00
Jamie Saettele, CMT, Sr. Technical Strategist
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In the last week, I've seen articles that profess the USD will be the biggest beneficiary of chaos in Greece and China (safe haven status). I've also seen articles suggesting that the biggest winner in the Greece deal is the USD (now the Fed can raise rates)! In other words, the USD can't lose. The 'USD can only go up' line of thinking indicates that the USD probably won't go up. We've been (and still are) short USDMXN for a week. Visit SB Trade Desk for more analysis and trades.

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