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

To: Real Man who wrote (9329)	7/2/2008 6:11:38 AM
From: RockyBalboa	Respond to of 71423

Thanks, interesting. theres still the remote chance that the frog succumbs to political pressure. In that case, the Currency would fall to line e. Then once the Interest rate thing is gone, people will revisit the failed Lissabon issue. The Producer price index of 7.1% (and 1.2% for May) should provide some support through tough interest rate measures over the longer run. On a side note, we call now every other Tuesday "Trichet´s day". On such days, trichet speaks and he usually talks down the currency, providing excellent buying prices. Today....we will see.

To: Real Man who wrote (9329)	7/2/2008 11:19:27 AM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 71423

$dollar taking on water

To: Real Man who wrote (9329)	6/30/2009 5:42:18 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 71423

One year passed and we have the treaty of Lissabon in the news again; Germany high court rejection; President of Prague not signing a treaty and the Irish as suggested, voting again, pistol on the chest... While the charts tell nothing regarding weakness, with the DX falling below 80 again - that could cause some serious pressure in overextended EUR trades (EUR/USD, EUR/Pound) so that the clownbuck could gain on this. Just a thought. The pound gained temporarily on this, hitting new highs against the USD at 1.67 and matching highs at 84p vs EUR. Yet, for now the DX perhaps wants to retest June lows as it could test 79.5 and 79.