Why is USD Decoupling from Yields?
The U.S. dollar traded lower against all of the major currencies on Monday despite a good jobs report and a rise in Treasury yields.
Menu
The U.S. dollar traded lower against all of the major currencies on Monday despite a good jobs report and a rise in Treasury yields.
Tesla’s shares are down more than -7% in early European trade today after Elon Musk polled his followers on Twitter if he should sell 10% of his stock. The typical Musk theatrics aside, the key question going forward for investors is whether Tesla stock may have peaked for the near term, setting it up for a nasty correction. The answer may be yes.