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Strategies & Market Trends : The coming US dollar crisis

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To: John Vosilla who wrote (2625)11/25/2007 9:00:32 PM
From: RockyBalboa   of 71456
 
The Euro valuation is absurd. Most of the others corrected from their highs. Worse than the Euro is of course the Swiss franc.
It is led by the correction of recent bullish crosses (vs GBP, AUD) and the weakening JPY is foretelling the direction. The carry isnt seeing much money today.

The Dollar block could go up a little bit, with the Oz making a start.
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