Last week, Emerging Market Equity Fund Flows were down for the 4th straight week with the largest outflows seen since the August 2011 bloodbath.
Friday’s non-Farm Payroll continues to prop up the U.S. dollar most notably this morning is the USD/YEN as traders breathe a sign of relief that the U.S. economy continues to be on a recovery track, albeit slow and sometimes painfully slow depending on the view.
With Aussie dollar hitting 11 month lows and price barreling towards 1 year lows of .9602 set last June. This is your target to re-load the gun after taking profits.
In a topic which could be discussed at great length beyond this forum, I would at least like to sketch the surface of a concept I think many investors (including me) are having trouble with.