USD strength

[Daal]

This strength is likely to stay for quite a while, the economist has proven to be a reliable indicator once again.

 

[DrEvil]

Looks like that just changed! Trend has reversed. Time to short the dollar I would say.

 

[Ivanovich]

Really? Trend has reversed in 12 hours? Don't you want a bit more to confirm your position?

 

[DrEvil]

Quote from Ivanovich:

Really? Trend has reversed in 12 hours? Don't you want a bit more to confirm your position?

Sorry I should have added that I was talking about a reversal on the hourly chart. This reversal was most prominent on the AUD/USD and GBP/USD charts.

I expect it to show up the daily as well.

 

[jerry11901]

The USD will drop lower then ever .Bush is getting ready for war with the Iran.

 

[Ivanovich]

Quote from jerry11901:

The USD will drop lower then ever .Bush is getting ready for war with the Iran.

Old news.

 

[thoams]

Summer this year. Nuclear research facilities, meet cruise missiles.

It won't be .BUSH. first, it'll be Israel.