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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (59633)4/27/2006 12:22:38 PM
From: Real Man  Respond to of 110194
 
Russ, I think this chart is misleading. The volume spike is
not caused by additional US dollar selling, but rather a
switch to the current futures contract. The price direction is,
of course, right. Another note - most of the volume occurs in
individual currencies, not the index.