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

To: Giordano Bruno who wrote (8588)6/9/2008 9:54:20 AM
From: RockyBalboa  Respond to of 71412
 
No idea. Lehman could be down more.

EUR, they shot it down once more but then the EURJPY carry trade is so overextended. That makes the EUR a tough buy. FWIW the carry trade is close to its historic high it set circa April 2007.

Back then there was also talk about rising EUR interest rates (which didnt occur, thanks to the mortgage implosion).



To: Giordano Bruno who wrote (8588)6/9/2008 10:03:09 AM
From: Giordano Bruno  Respond to of 71412
 
SKF will win in the end. -g- ooops, wrong guy


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