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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:
USD
Discuss USD
Pipster, you may argue USDX being the causality for S&P5-- but frankly i see it all part of the same flow regardless of the order things
Ashraf
Will a strong Dollar bring the indices down, in particular the Dow Jones
The 3rd upleg in the USD is underway
Ashraf
http://www.zerohedge.com/article/santelli-liesman-pay-view-preview-redux
Ashraf
Hi,
Has anyone heard about this news:
U.S. Government to Unveil New $100 Note on April 21 http://www.newmoney.gov/newmoney/main.aspx?id=5415
One newspaper article in my country has confirmed this recently.
Is it really true and does it signal something in coming months?
Thanks advance for your explaination.
Quang
Naively, sounded more of the same on the RMB appreciation and no mention of lending rates. Inflation worries in terms of what actions they plan to take, did he sort of not answer it directly?
19:53 GMT [Dow Jones] USD under pressure as upbeat global data spurs confidence about global outlook, says Bank of NZ Strategist Mike Jones. Says debate about China's yuan will continue after Premier Wen Jiabao Sunday warned other countries not to pressure China over its exchange-rate policy but won't take center stage as USD has "bigger fish to fry" this week with FOMC meeting; "THE MARKET REACTION TO THAT WILL BE VERY IMPORTANT IN TERMS OF USD SENTIMENT." Expects FOMC to confirm Fed's MBS and Agency debt buying will finish at end of March and "a modest upgrade of the Fed's assessment of the US economy is also likely." Tips initial support on USD index to hold at 79.50, resistance around 80.30. Index last 79.768.