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


To: zamboz who wrote (22629)9/8/2009 8:54:37 AM
From: RockyBalboa  Respond to of 71456
 
I compared the situation a little to last years at similar DX levels. Back then the carry trades were overextended with eurjpy at 160 and the pound nearly at 2. This year, the yen is much stronger, the carry trades at pretty neutral levels (133, 153). The dollar is losing out, if the carry trades see some more colour.