The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (4290)	2/14/2008 11:36:00 AM
From: RockyBalboa	Read Replies (1) of 71446

Soon. the carry already deflated a bit today; a confirmation would be to turn it red, circa 157.50 The EUR is a bit strong in that regard, the carry trade goes down more easy when the EUR falls. There is a lot of resistance for the EUR at around 1.46s. The stock market weakness on the heels of good earnings (but mixed output) comes a bit early today. It is interesting that the currencies pretty easily recovered from drops - AUD last night, JPY today.

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