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


To: maceng2 who wrote (23216)9/29/2009 4:49:28 PM
From: RockyBalboa1 Recommendation  Respond to of 71426
 
We need stable exchange rates for global trade and recovery. Currency speculators must work harder -g-

oh no. You just ruined my day.

Thanks but no thanks. It´s fa$t and ea$y money!! (or at least, used to be..) -g

.......

on the topic of the strong yen, on the one hand it seems that the japanese let the market decide and first oversell then overbuy the yen, since they learned that interventions are costly and sometimes fail to break a trend.

Wrt to the yen, roughly the same applies to the EUR, hence the correlation as it competes with pound and dollar. So they may still have a lot of incentive to de-base the currency a little at such a good price.



To: maceng2 who wrote (23216)9/29/2009 6:35:15 PM
From: GST1 Recommendation  Respond to of 71426
 
<Japan has to compete with China> Japan has invested heavily in China -- that is how they have handled China.