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


To: ggersh who wrote (29039)6/22/2010 4:44:50 AM
From: RockyBalboa1 Recommendation  Read Replies (1) | Respond to of 71407
 
Yes for the time being. Btw, first EUR bounce after the big sell-off is completed and the currency starts some dip trip again. It also lost against the CHF (1.365, a new low), and the yen (111.6). Do we get a 1.20 / DX 88 retest?

here is:

Euro hits lifetime low vs Swiss franc
LONDON, June 22 (Reuters) - The euro hit a lifetime low
against the Swiss franc on Tuesday as an option barrier at
1.3650 franc gave away.
Traders said stops were triggered below that level and there
were more barriers at 1.3600.
The euro slipped to a low of 1.3627 francs <EURCHF=>,
according to Reuters data. It was last at 1.3643 francs, down
0.3 percent on the day.
Top Swiss central bank officials reiterated late on Monday
deflation risks had eased.
(Reporting by Neal Armstrong and Tamawa Desai)
((tamawa.desai@thomsonreuters.com; Tel: +44207 542 7018,
Reuters Messaging: tamawa.desai.reuters.com@reuters.net))
Keywords: MARKETS EURO/LOW