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

To: ggersh who wrote (16433)	1/19/2009 10:50:13 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 71456

Pound didn´t rally on this. It fell back to below 1.45 just amazing. For what its worth stocks are off highs and more importantly, US treasury bonds crashed. I envision TBT north of 43. Last chance to sell the clownbuck at current levels. At this point I´m scanning the news for any clues, besides RBS.

To: ggersh who wrote (16433)	1/21/2009 12:55:22 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 71456

Yen making new highs and GBP, EURJPY new lows.... unstoppable.

To: ggersh who wrote (16433)	1/23/2009 2:35:51 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 71456

BOJ Says Japan Economy ‘Deteriorating Significantly’ (Update1) Email \| Print \| A A A By Toru Fujioka Jan. 23 (Bloomberg) -- The Bank of Japan said the nation’s economy is worsening “significantly,” downgrading its assessment for the third straight month. “Japan’s economic conditions have been deteriorating significantly,” the central bank said in a report in Tokyo today, using the most pessimistic language to describe conditions since January 1998, when they started publishing the report. The global slowdown has spurred record declines in exports and factory output in the world’s second-largest economy and the central bank expects the slump to deepen. Governor Masaaki Shirakawa and his policy board said yesterday they expect gross domestic product to shrink 1.8 percent in the year ending March 31 and 2 percent the following year. “Financial conditions in Japan have become tighter,” the bank said in the report. “The stimulative effects” from low interest rates “have become increasingly limited given the significant deterioration in economic activity.” The bank cut its benchmark interest rate to 0.1 percent from 0.3 percent in December. Japan’s exports plunged 35 percent in December, the most on record, from 27 percent in November, a report showed yesterday. Factory output dropped 8.5 percent in November, the most in more than 50 years. To contact the reporter on this story: Toru Fujioka in Tokyo at tfujioka1@bloomberg.net