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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (476)	7/19/2007 1:10:39 PM
From: Real Man	Respond to of 71454

It sure is a bit too long GBP and EUR, so it could be a good idea, at least for a bounce. The market could be too tired of assurances of inflation fighting, and want actual raises. I doubt we get them because of housing problems, but anything is possible. So, if anything, his speech is unlikely to provide any new clues, but it may be a turning point. At least, it seems the bounce off further assurances in May was weak. In other words, I would not expect any drastic change unless there is a change on interest rates outlook, which seems unlikely. But there could be another bounce. But I could be wrong. Not doing anything with the dollar. It's at a multiyear support, at least, per USDX.