Seeing how the dwindling USD and sky-high double deficits raises concerns by the Fed about attracting future foreign investments, it is clear that countries are getting worried about financing the US deficit by buying USD and continuing supporting a consumer-regime that maybe has it's days numbered (yes, I'm exaggerating a little).
The world sentiment against some aspects of the USD dominance certainly will propagate if world growth next year suffers along with USD. This would probably provocate voter reactions, demands on the longer term - as well as world consumers, producers IMO. Just as this opinion will provocate another part of the world.
At least it doesn't seem as easy to piggy-back US growth nowadays for other countries. It's seems to be getting everyone-for-themselves even more now. Does anyone think this could be the start of a major corrective action to change structural deficiencies, skew in the US economy ?
edit: the choppiness in the EURUSD/EuroFX seems to have discouraged traders before the GDP a little. I would have thought more power would rise to annihilate the 1.2765 resistance. The bash-fest is not over yet - and we have the more agile asian session too. And then there're the ever closing events looming over the markets.
edit2: for anyone seeing the TWS-sluggishness (it goes down to a crawl sometimes - almost delivering no quotes), restarting it seems to alleviate a little .. but holding a position would be dangerous during a logout/login - so one would need to evaluate the seriousness fo the situation.
