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Don't Forget the Yen
Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
jsut because its andorra and you anywhere.
1.42 for eurusd. thats not acurate just objectives.
easing, there would be a bit of a bounce in the ecnomy, but alas it was not to be. l have an
account in usd, Ashraf has just pointed out that the50 day ma has just crossed over the l00 day
on the usd index, what are your views on the dollar, do you see it rallying.
thats too short for cheltenham gold cup commenting!!
What does that tell you? Take advantage of the fear in the streets and the opportunity presented. That's what FX is all about.
Go Goldman go-add more instability to all the markets. Do what you do best and fleece the public to line your pockets, then pay out billions in bonuses.
I am going long on the usd/jpy, i c 92 coming in feb.
Regards
And even though the data are getting better (excluding today's awful housing figs), it is POLITICAL ELEMENT OF Washington that is preocuppying markets.
Ashraf
Do u see a weakening in the yen in the coming weeks?
Regards