Sabtu, 28 Juni 2008

Dollar Slammed this Week! OneNightStand profits!--IFCN Wk 29 -Fri- Equity: $767.88.

After a volatile beginning, this week the major currencies continued the directions set last week, with the dollar losing against all of them. The Fed holding the same interest rate and some in the Eurozone increasing theirs-- was a knee-jerk recipe for dollar weakness. Less interest differential for the dollar-- the dollar loses some supporters.As many are beginning to realize, the carry-trade

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