Re: It's All In The Dollar
in response to
by
posted on
May 08, 2009 09:51AM
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Strike,
Thanks for the chart and the alert! The chart that I've been using, until now, has been this one: http://www.fxstreet.com/rates-charts...
Please critique my concerns about why, at least in the short term, I think the US dollar will not sink below the 80 dollar index. And, that is that if we see the anticipated post-Spring market plunge and a repeat of this Fall's deleveraging, there will again be the heighten demand for dollars and the greenback will once again skyrocket like it did last year.
Your thoughts?
B.