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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (636)6/30/2003 12:35:17 PM
From: Londo  Respond to of 666
 
... Probably all the vacationers going to Europe for the week on holiday. :)

One thing I've noticed is that the Yen has been slipping against the USD over the past few weeks - there's some technical support at 0.0083, but if that cracks the next obvious support is about 0.00825ish. If all of these people that say "the Japanese economy will recover" are correct, we'll see the currency get jacked up like no tomorrow, and the bonds should get slammed.



To: RockyBalboa who wrote (636)7/1/2003 9:57:11 AM
From: RockyBalboa  Read Replies (1) | Respond to of 666
 
There's more. The currencies ran a little into today's ISM report. quite a spike towards 10:00am. We'll see. My bet is they take out todays high (1.1575+).

GBP behaves like a small dog, running behind, then ahead of the zero. But in general, pretty much the same direction as of recently.


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