The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (9329)	6/30/2009 5:42:18 AM
From: RockyBalboa	Read Replies (2) of 71424

One year passed and we have the treaty of Lissabon in the news again; Germany high court rejection; President of Prague not signing a treaty and the Irish as suggested, voting again, pistol on the chest... While the charts tell nothing regarding weakness, with the DX falling below 80 again - that could cause some serious pressure in overextended EUR trades (EUR/USD, EUR/Pound) so that the clownbuck could gain on this. Just a thought. The pound gained temporarily on this, hitting new highs against the USD at 1.67 and matching highs at 84p vs EUR. Yet, for now the DX perhaps wants to retest June lows as it could test 79.5 and 79.

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