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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (22688)9/13/2009 6:46:56 PM
From: RockyBalboa  Read Replies (2) of 71479
 
First sunday sightings, the pressure yen -wise is just amazing. 90.20, again in shouting distance to 90. Perhaps a matter of hours. Most of it tho comes through carry trades, where Y/EUR again lost out. The currency could spike once yen clears 90 and the pressure is off the carry trade, spiking far over 1.46, perhaps 1.47; it depends on whether people sell the DX or not in between.

I have programmed my systems to do so.

Could be a rought expiry day tomorrow.
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