For now there is no bounce in the 30 Yr.

The yield differentials are finally having some effect on the commodity currencies which have lagged this up move in the dollar.

There is currently a double top in the Canada on the monthly (USD/CAD bottom) @ 98.31 ( app 101.63-70 futures).

We’ve been out of step with this currency trade and will take a fresh look next week. EUR/CHF still has major wood. Closing price action over 131 will lead to another 6-8 figures.

Use a break even stop on your long Gold …we bought it as a hedge against a Dollar route which is clearly not happening. The highs today in the Gold and Silver are huge technical momentum levels. Higher rates can be price negative Gold.

USD/JPY 82.13 ….a close over this level in USD/JPY today (just under App 121.75 futures) and we will add to our long YCS, short Yen, Long USD/JPY position.