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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: GROUND ZERO™ who wrote (30736)4/12/2012 12:45:55 AM
From: Hawkmoon  Read Replies (2) of 218670
 
Possible that the USD will strengthen.. Have thought it would occur sooner.. But worldwide governments are trying to defend their currencies against it in order to prevent inflation.

Read the other day that Indonesia had to draw down their international reserves by nearly $2 Billion to defend the Rupiah.

thejakartaglobe.com

thejakartaglobe.com (2011)

I imagine the same strategy is in play with other central banks who don't want the USD to strengthen, in order to avoid importing inflation.

Hawk
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