Tuesday, October 19, 2010

Finally, a reversal in the Dollar....

Thanks to China raising it's interest rate by 25bps there has been a reversal in the dollar...will be interesting to see if the dollar can rally for any significant amount of time. As far as I am concerned the dollar cannot really rally as long as QE2 is on the table...
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1 comment:

  1. ngneusOctober 19, 2010 at 11:55 AM

    Watch for the bulls to circle the wagon in the last hour of trading...if they do not, watch out below.

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