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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (9940)8/7/2008 8:31:19 PM
From: RockyBalboa  Read Replies (1) of 71455
 
Look what the EUR is doing,it crashed! DX took 75. Mind you, I go long EUR. <g>

Much of the meat is in the faltering of the EUR JPY carry trade. It lost 2 full points. This august looks like august last year. Back then the EUR JPY would lose more than 15 points in the campaign. Only difference. Back then the JPY rose. This time the EUR falls (vs. USD).
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