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Strategies & Market Trends : The coming US dollar crisis

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To: NOW who wrote (20858)6/26/2009 8:04:37 AM
From: RockyBalboa   of 71456
 
The treasury has run up 6 points now. I see that foreign central banks are pretty busy buying this stuff ; and I fear OPM fund managers do the same...

The swiss franc is trying to overcome the effects of the intervention; I wonder what the national bank will try once it reaches the level again. All they can do for now is to slow trends a bit. The ECB strategy completely backfired.

The swiss is insofar surprising because usually the EUR / GBP strength was accompanied by swiss / yen weakness. Not happening right now.
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