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

To: ggersh who wrote (29152)	6/29/2010 9:44:31 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 71423

Traders HAD a beef with AUD/YEN which scratched 74.98 then bounced...I would not be surprised about some profit taking in the soft currencies in general. The yen was very close to another run but it saw no bids. Then it sold off pretty quick. (and the EUR bounces, oddly). EUR/CHF small recovery to 1.3200 ggg This pair is so severely oversold that it could bounce tomorrow by 200 points easily. I try that. It sees bids the first time in a while now. It will perhaps do what the GBP did vs AUD, and CAD yesterday and today. Thats the idea. The pound indeed corrects a little bit. it is down vs USD a tad but more against CAD. Todays move was pretty off the scale.