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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (28982)6/17/2010 6:26:20 AM
From: RockyBalboa  Read Replies (1) of 71456
 
Amazing.. this has legs. Zero up to 1.24, Swissie even up more so the EUR retests 1.37 even after its 5c run. I am very tempted to take off some DX.

Is this pointing to Ben printing overtime, again?

I think an intermediate reaction is right round the corner. The CHF is especially overdrawn and vulnerable. I sell CHF and watch it with a tight stop, in case it wants to see better than 1.11 USD (1.10s).

I´d rather ask a trader whether the CHF is moved by transocean
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