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


To: Giordano Bruno who wrote (5302)3/20/2008 9:13:47 PM
From: Real Man  Respond to of 71456
 
Credit crisis spilled over to FX swap market. This helps
to understand TIC flows as well. Basically, in times of
stress, foreign banks need USD liquidity, and their CBs
thus provide. In addition, they turn to currency swaps
to get USD, which is why we are seeing buying from the
Caribbean and London, and a stable dollar. As that subsides,
the dollar continues to fall. Some deflationary forces there.

bis.org

Quite a few defaults are being priced in corporate bonds.
Which market is right, is it the stock market or the bond
market?

A chart of subprime resets shows the mess continues "at the
highs" well into August, but declines substantially by
Winter 2009



To: Giordano Bruno who wrote (5302)3/20/2008 10:04:01 PM
From: Elroy Jetson  Read Replies (2) | Respond to of 71456
 
The Royal Bank of Australia? What clown wrote this nonsense?

There is an Australian Reserve Bank, but no Royal Bank of Australia.
.



To: Giordano Bruno who wrote (5302)3/22/2008 7:34:54 AM
From: stan_hughes  Respond to of 71456
 
The Race To The Bottom begins in earnest