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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (89742)8/17/2009 9:13:47 AM
From: Real Man2 Recommendations  Read Replies (2) | Respond to of 94695
 
Well, the currency market took recovery
news from US and Japan and rallied Yen
and the dollar, which put a pressure on
stocks. This, in turn, tanked global stock markets
that already got ahead of themselves,
but overall recovery news does not seem to be
bearish. The dynamics is different from currency rally
last year. As things got worse around the globe followiing
US, the buck rallied. Now the buck and yen rallied cause
things are getting better in the US and Japan, following
better news from Asia.