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

To: Oblomov who wrote (93290)4/7/2008 8:15:44 AM
From: Giordano Bruno  Respond to of 110194
 
German govt against intervention to prop up dollar - report

forbes.com



To: Oblomov who wrote (93290)4/7/2008 1:54:48 PM
From: Maurice Winn  Respond to of 110194
 
That's the carry trade going more! Or, more likely, people selling US$ and heading for NZ$ etc as "safe" havens. Jumping from US$ to NZ$ looks to me like jumping from the frying pan to the fire.

But perhaps people are borrowing in US$ and lending it in NZ$ [the carry trade].

Mqurice


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