Saudi Money

I believe that the repo operation today is the cause for todays down move in DXY as liquidity provided. and yesterdays up move was caused by the Increase ,rapid increase in Overnight rates .

This is an interesting story may

Carl Quintanilla@carlquintanilla NATALLIANCE: “One of our team just picked up that Saudi has pulled billions of cash from US Markets in the last 24 hours to support their own economy after the oil attacks… Add that to the treasury refunding payments and new cash… And you can see how a squeeze developed.”

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