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

To: Paul Kern who wrote (10125)8/10/2008 7:44:26 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71456
 
I believe so. EUR back to 1.49 (as it was 2 hours ago) is riduculous. But well, its all a matter of supply and demand, and then Russia is messing things up once more. Appearently any war is always good for the $, nothing changed since the early 90´s.

Meanwhile... the EUR Yen carry trade is falling off a cliff. Down another 1.20.



To: Paul Kern who wrote (10125)8/11/2008 8:35:30 AM
From: dybdahl  Respond to of 71456
 
"The most significant factor is that there are now much clearer signs that U.S. economic weakness has spread to global economic weakness."

There is no doubt that EU needs to redirect exports from USA towards Asia.



To: Paul Kern who wrote (10125)8/11/2008 11:01:06 AM
From: HH  Respond to of 71456
 
This is a very informative article....


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