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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: IC720 who wrote (1480684)8/26/2024 5:24:10 AM
From: Qone02 Recommendations

Recommended By
Doren
Eric

  Read Replies (1) | Respond to of 1582514
 
Chart is saying $ has peaked? Or it's peaked referenced together with Yen falling?
Forex markets trade in pairs. Chart says you could buy 160 yen per dollar at the peak and 143 yen per dollar now.

The dollar index is the US dollar against this basket of currencies. With their weights.

  1. Euro (EUR) - 57.6%
  2. Japanese yen (JPY) - 13.6%
  3. Pound sterling (GBP) - 11.9%
  4. Canadian dollar (CAD) - 9.1%
  5. Swedish krona (SEK) - 4.2%
  6. Swiss franc (CHF) - 3.6%
In the uneducated inexperienced view of currencies, what will happen next?
Doesn't Armstrong know? He did a hour long interview on the yen carry trade, has the much touted Socrates. Didn't he make a call?

Did you listen the 10 minutes Martin explained of currencies/capital flows past 60yrs?
60 years? seriously? When people start talking 60 years it means they know nothing about the future of markets. Just trying to impress people with little knowledge how markets work.

Does this code reflect War has and will strengthen US$, as we may escalate into 2028?
Over long periods of time currencies and the US dollar are range bound. The SP500 is not. Lets take a close look at Armstrong's theory that the falling dollar caused the 1987 stock market crash. For this to be true there must be a ongoing correlation between the stock market and the dollar index DXY. There is not, a close up of the 1987 crash.