Archive for October 21st, 2009

Dollar at a (Technical) Crossroads – 840th Edition

I deliberately concluded my last post (US Dollar: Same Old Story) on a somewhat ambiguous moneygram washington note; even though though the deck is stacked against the Dollar, its 14% decline in 2009 has left it perilously close to record lows, and traders are nervous about pushing the limits further.

On the one hand, everyone [...]

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