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


To: Secret_Agent_Man who wrote (16246)1/11/2009 11:38:29 PM
From: NOW  Read Replies (1) | Respond to of 71454
 
why: what do you see?



To: Secret_Agent_Man who wrote (16246)1/12/2009 7:09:13 AM
From: RockyBalboa  Read Replies (2) | Respond to of 71454
 
Not too soon...and then against other currencies and not the USD. Fundamentally the yen could be overvalued (as the economy sags) but the race to zero interest rates made it attractive as paper currency.
It is the strongest paper now and undid the initial 2009 drop with ease where most other trades (Oil, EUR/GBP) etc. struggle

Yen trading reminds me on the EUR, 2008 which rose most of the fist half year, despite weakening Eurozone fundamentals.