Archive for October 22nd, 2009
Dollar at a (Technical) Crossroads – 850th Edition
I deliberately concluded my last post (US Dollar: Same Old Story) on a somewhat ambiguous 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 believes that the [...]
