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


To: Giordano Bruno who wrote (4091)2/8/2008 8:45:13 AM
From: Real Man  Respond to of 71456
 
finance.yahoo.com

Some divergence. Argues for mega-rally short term. Will it
happen, or will they both crash? -g-



To: Giordano Bruno who wrote (4091)2/8/2008 9:24:09 AM
From: Real Man  Respond to of 71456
 
105 for Yen should be "it". A well known level when BOJ usually
comes in and buys stuff. -g- Buying stuff to weaken the
currency represents NO problem for any central bank.
No guarantees, but... they've done it in the past.
Buy stuff at 105, sell stuff at 120 (if they want to, that
is). -g-

dailyfx.com