Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (72015)	1/10/2010 4:39:31 PM
From: Haim R. Branisteanu	Read Replies (1) of 74559

10 Jan 2010 21:05 GMT - DJ MARKET TALK: USD Should Pick Up In Coming Months - Westpac 2105 GMT Â¦Dow JonesÂ¨ USD is vulnerable to near term weakness as evidenced by weak jobs report but the economy is showing signs of life, which bodes well for longer term USD recovery, says Westpac Strategist Sean Callow. "The traditional relationship between the USD and the U.S. economy is reasserting itself." Expects EUR/USD buying on any dips to 1.4380, resistance at 1.4480, last 1.4439; adds stay long USD DXY. Says Venezuela devaluation won't have any impact.(EGC) Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com

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