TIC data http://www.bloomberg.com/apps/news?pid=10000087&sid=a7SvSlEziaZU&refer=top_world_news Quote: "Foreign central banks have been absolutely piling into dollar assets," said Ethan Harris, chief U.S. economist at Lehman Brothers Inc. in New York. Big mistake. *wink* fx
Wouldn't the time frame orientation be importnt to discuss why or why not a position is taken? A scalper may or may not agree with a foreign governments position. Stabilizing and speculation are different orientations. Michael B.