The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: DebtBomb who wrote (25708)	12/18/2009 11:43:28 AM
From: RockyBalboa	Read Replies (2) of 71456

Whew the EUR is now an even better buy! In earnest the USX future is on heavy offer at 78.50. I believe there will be some runs at that but then the dollar run should stall and perhaps reverse. The spikes in EUR (to 1.426) and yen looked margin-liquidation driven. Not much selling in that area right now. Hard to be believe that there is no demand in currencies accross the board. But then we have short memories. less than a year ago it barely traded at 1.25. The pound could be under pressure and going below 1.60 soon since it gained a lot vs other currencies and is about to give back those gains.

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