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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (109098)3/11/2008 4:31:54 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
>>Odd to see the dollar hanging tough - not sure how long that can last.<<<

Looks like there may have been some coordinated BOJ currency intervention to coincide with the release. That juiced the carry trade and got the animals back in the pit.....



I'll go long the yen when this move tops, but it's likely to last at least until the FOMC meeting....
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