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

To: GROUND ZERO™ who wrote (89935)	8/26/2009 1:23:13 PM
From: Real Man	Read Replies (2) \| Respond to of 94695

Who knows, for now it does, but things do change. While it made sense before (it rallied due to recession spreading to Europe), now it makes little sense (it rallies due to upside surprise in economic recovery data in the US), other than stressing the carry trade, like Yen did in the past. Overall, everyone is close to ZIRP these days. -g- In late 2007 and until Summer 2008 the dollar dropped with stocks, but when US recession went global, it rallied. In other words, the big buzz about dollar and stocks being anticorrellated is just that - buzz. Correlations change.

To: GROUND ZERO™ who wrote (89935)	8/26/2009 9:15:39 PM
From: ayn rand	Read Replies (1) \| Respond to of 94695

Commodities countries first in line to hike rates ......................................................... A far-flung group of countries that have benefited from rebounding commodities prices is getting ready to raise benchmark interest rates before the United States, Europe and some other major, developed countries, economists say. Those rate hikes are likely to give fresh momentum to five-month rallies to the Australian, Canadian and New Zealand dollars, as well as the Norwegian krone, while weighing on the U.S. dollar, the Japanese yen and, to a lesser extent, the euro. On Monday, Israel kicked off what's expected to a round of hikes by larger central banks, surprising markets by raising its benchmark rate by a quarter-percentage point, to 0.75%. marketwatch.com