Trade Desk Thoughts l TheLFB News l Jul 30 08 l 07:10 EDT l [B]Business Cycles Lead Currency Valuations[/B] Peak- Contraction- Trough- Expansion- Growth, are the five cycles of an economic Business Cycle, and each phase of the cycle reflects in a economic region’s currency value. The cycles run over an average ten to fifteen year period. As we look at the U.S. phase right now we see that the next move from the Trough is into Expansion and that can be lead by economics, sentiment, or a mixture of both. The reasons why or how it all happens can be debated forever, the stark reality is now that the Usd will be getting ... (full story)