Discussion in 'Forex Trading' started by stock777, Oct 2, 2008.
not so well lately
not too bad. using cad and jpy, anyone who is still using europe money to hedge is mad
Except for gold, not doing so well; but I'm glad that I have put protection. Do you see a correlation between the failure of the bailout and the strength of the dollar? As in, bailout resistance seems to be strengthening the dollar?
If that correlation is real, then the market is betting that the bailout won't pass the House. On the other hand, there are a lot of factors in play right now, and it's impossible to tell exactly what is affecting what at any given moment. Anyone care to comment on (or ridicule) this idea?
dollar seem be behaving like JPY. it rallies on risk aversion, so if the bailout package goes bust, everyone piles in treasuries and they need to buy dollars, people flight emerging markets assets as well and go back to the US
Yes; plus, the bailout means monetization of more debt, and more firing up of the PRINTING presses.
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