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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (39745)	11/2/2012 2:10:00 PM
From: Keith Feral	Read Replies (1) \| Respond to of 218889

Euro, Aussie dollar, Canadian dollar - they all look putrid right now. Euro took a big hit last November - I suspect it will get smacked much lower from here. Same with all the other foreign currencies that should be much lower. Aussie dollar has endured many rate cuts this year but still trading flat from a year ago. Should be lower since the interest rate has been cut from 4.5% to 3.25%. No reason why RBA couldn't lower rates much further again next year once their property bubble begins exploding, which it will.