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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (45708)1/23/2009 11:33:04 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 217867
 
currencies are now in a turmoil in general IMHO swings are sharp and irrational based on market positions and not fundamentals and plain talk

For some reason many think that the EU will disolve and the US will recover first - well I think they are dreaming but that is the perception in the market now.

I am perplexed as any one else and better not to loose money.
Keep in mind the US is talking high the USD to avoid a well deserved crash.

The CHF is a crowded trade when people sell other currencies the park their money in the CHF - see what happened last year to get a taste of it - personally I would not buy CHF as it is highly speculative

I am still waiting for an entry into BRL and watching commodities closely - discount on the BRL is 10% for a year MDF (BRL has no forwards). TRL also seems to hang there but this again is highly speculative and has no forward market