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


To: ggersh who wrote (29142)6/29/2010 1:20:05 PM
From: onlygold1  Read Replies (1) | Respond to of 71426
 
ask JPM



To: ggersh who wrote (29142)6/29/2010 1:24:03 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71426
 
There will be some resets.. EUR YEN approaching my Y100 target pretty fast, and already below the old low, EUR pound is in shouting distance to 79.9p. All way to early to invest there.

If the ECB has trouble calling back their 442B due tomorrow, then we see some volatility. They clearly will replace and print new Euros but this comes at a cost.

Someone is going to be killed in a few days or so.
Just look at the odd trading in sugar which went into severe backwardation to the tune of 240 points, out of nothing.

"Open the spigots!"... print ´em, Benny!



To: ggersh who wrote (29142)6/29/2010 9:07:50 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71426
 
Some views from the asians, the pound is down and could test 50 but the dollar not up thansk to the yen. Traders have a beef with Australian dollar which is about to tank further (vs the yen) at slightly ahead of Y75.