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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 679.70+0.7%Nov 26 4:00 PM EST

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To: GROUND ZERO™ who wrote (38611)10/8/2012 10:14:00 AM
From: Keith Feral  Read Replies (2) of 219394
 
Euro yields down, Euro down. US yields up, dollar up. Stonger employment numbers in the US bullish for the dollar right now. They can't keep spiking the Euro and Aussie dollar every time the macro numbers in the US get better. Eventually, a stronger dollar has be be given some respect. The rally in the Euro from 1.20 back to 1.30 has been great for assets like gold the past 3 months. If dollar starts to crawl back, it's probably negative for those assets in the near term.
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