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Posts by "tf"

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TF
United States
Posted Anonymously
16 years ago
Nov 3, 2008 20:48
In Thread: Elections, the Dollar, Stocks & the Economy
Hi there - this is noy exactly on topic, but sort of relates, as there is a lot of talk about a dollar 'correction' just at the time of the eletions and either now, December, or January, depending on who you believe.

People are saying hold off a dollar long position because the market is about to correct. So the key questions are for me - if the dollar/euro corrects, will the euro also get stronger against the yen ?

You forecast the yen at 79/80 in 2010 - so given the euro dollar still has further to go - the consensus being that after a correction the euro will get even weaker than it is now against the dollar, then correspondingly it must get weaker still against the yen.

The euro has lost 40% against the yen since July - how much further do you think it will go, and how would you expect that change to pan out during the next year, especially at the beginning where we exp[ect this dollar correction ?
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