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

To: benwood who wrote (88196)10/30/2007 1:29:30 PM
From: Tommaso  Respond to of 110194
 
>>>I think US dollar oversold short term... *unless* they cut 1/2 point. I think that could set the stage for some truly epic dislocations.<<<<

Maybe in this new era the dollar is going to remain the world currency and will not decline much more.

But in all past eras, countries with trade and budget imbalances such as the USA has been running for years, and especially in the last seven years, have seen their currencies lose a great deal of their value.


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