Yen is making some serious moves

Discussion in 'Forex' started by T-Bone Trader, Jul 8, 2009.

  1. I am long commodities because of my thoughts regarding inflation. As for the highest carry, there is no such thing as carry anymore.

    Can I go now, or do I need to further justify my book? :)
     
    #81     Jul 16, 2009
  2. I agree with that... Both Aussie and Kiwi are overvalued, in my view. But they just won't give up, in spite of anything that gets thrown their way. It's completely crazy in the world of rates.
     
    #82     Jul 16, 2009
  3. It's the same silly behavior in lots of stuff these days.
     
    #83     Jul 16, 2009
  4. dhpar

    dhpar

    sure. i allow you to go to trade your 2 futures contracts now. good luck. :)
     
    #84     Jul 16, 2009

  5. Actually, looks like the potential short-term trend has changed '''slightly''' ever so slightly and needs a few more hours to analyze it

    But at this rate, it might be setting up for another 300 pip decline based on the potential disaster surrounding the bankruptcy (not declared yet) of CIT

    :eek:
     
    #85     Jul 16, 2009
  6. lol

    not with those earnings posted tonight

    tech rally has more legs

    dollar should get pummeled ! ! !
     
    #86     Jul 16, 2009