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


To: RockyBalboa who wrote (4937)3/12/2008 11:35:33 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71452
 
JPYUSD June08 crossed 0.0100 with a vengeance. Chart went ballistic. From the asian markets bottom it rallied 150 points.

The USX also hit 72.005

The steep fall in the carry trade shows risk aversion is growing if not for tech reasons.

Stock markets of course, went down further with Asia deeply red and the R2 off some points.

They forgot to rallye the gold to 1000? Why???