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


To: RockyBalboa who wrote (22710)9/11/2009 1:01:48 PM
From: ggersh  Read Replies (2) | Respond to of 71479
 
"of course the temptation is high to drive the dollar below Y90... it came into shouting distance. Still not overbought?"

Oh ya overbought, but think OIL last year and stocks now.

"What is really odd is the demise in various carry trades - EURJPY, GBPJPY...they can´t bring them on anymore."

If I understand you correctly I see it as a flight to safety.
Interest rates Worldwide are going lower a big tell? Copper topping? Obama economic speech Monday, and finally GS upgraded the world this week, oil oil oil. Remember their upgrade in oil?

BWTFDIK <vbg>