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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (9632)12/17/2008 7:38:34 PM
From: skinowski  Read Replies (1) | Respond to of 41413
 
US buck lost in 2 days a big part of its gains during the recent "historic" rally. I wonder if this was done by design by the fed, or is it another "unintended consequence". I suspect the latter, since the rate cut was widely anticipated, but the USD kept steady at high levels. Crashed suddenly starting after the cut.