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

To: ggersh who wrote (25659)	12/17/2009 6:01:37 AM
From: zamboz	Read Replies (1) \| Respond to of 71456

dollar wants to test 78. who would have believed it. short squeeze? or does someone have some other fundamental explanation?

To: ggersh who wrote (25659)	12/17/2009 7:28:45 AM
From: Real Man	Read Replies (2) \| Respond to of 71456

The dollar made a pretty huge move to the upside, then back down. Unbelievable for one year, especially against the Oz currency. In the past such big moves were only happening due to currency crises. Now it is essentially back where it was in early 2008. The Euroland is not immune to global credit bubble. At least, I am aware of Re prices in Russia around Moscow, and they are much higher than here in the US, despite the majority of the population's income about 4-5 times lower. Price/income ratio is extremely high. -g- There is definitely a policy difference between what is coming out of NY/London and Frankfurt. Frankfurt is far more reluctant to use QE, which does mean Europe will recover slower (although many global screwups are quite likely along the way)