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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Mike Johnston who wrote (62253)5/30/2006 9:00:58 PM
From: mishedlo  Read Replies (1) of 110194
 
it takes solid economic fundamentals for any currency to get stronger.

It does?

Please explain the rally in the US$ to the all time high vs the Euro. I say you can't do it (not on the basis of "solid fundamnentals".

Please explain the weakness in the Yen.

There are lots of factors other than "solid economic fundamentals" at play most notably interst rate differntials and carry trades.

Mish
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