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

To: Box-By-The-Riviera™ who wrote (705)	8/8/2007 7:41:26 AM
From: Real Man	Read Replies (3) \| Respond to of 71454

One or the other? Carry trade monster is moving against da buck. "With little US data on the calendar today, currencies are likely to trade on interest rate and risk aversion dynamics for the rest of the day. The broad picture that is taking shape in the FX market is that the rest of the G-10 world continues to follow tightening monetary policies as their growth remains buoyant while US at best will maintain a neutral stance. Thus interest rate differentials between US and the majors will continue to move against the greenback and the unit’s only near term support comes from the safe haven bid if equity markets once again take a plunge." dailyfx.com