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- seraph replied Mar 25, 2009
ok geithner statement clarification, looks like he's hedging a bit. Says sees no change in the usd as the reserve currency, but then he says usd will be a dominant reserve currency for a long time, and will aim to keep usd a key reserve currency. ...
- seraph replied Mar 25, 2009
Gietner says: sees no change in the usd as reserve currency, 10:14 in case your wondering why it just went down again.
- seraph replied Mar 25, 2009
The reason IMO a new reserve currency (ie a basket of reserve currency's) would be good is because look what happened with this recession. USD growth started to lag so the fed cuts interest rates. Which means lower dollar, and because the USD is the ...
- seraph replied Mar 25, 2009
Geitner just said he is "open" to china's proposal that the world no longer uses the USD as a reserve currency, good for the world and the us economy, bad for the us dollar.
- seraph replied Oct 27, 2008
French finance minister just said g7 won't intervene on yen, any intervention would be purely japanese. Should give the bears some more leeway.
- seraph replied Apr 26, 2007
There is a decentish set of tweezer bottoms on the hrly chart and they intersect with a 61 fibo. So hopefully (cause i got a long) we'll see a nice reversal.
- seraph replied Apr 24, 2007
I'm using capital spreads to trade at the moment. Going to upgrade to Oanda once i get some more capital but so far they've been pretty good. Stop losses are normally a minimum of 5 pips from current price though sometimes (i don't know why) it's ...
- seraph replied Apr 23, 2007
There was one at about 1.9985 or so, from there try 1.9930 and 1.9990.
- seraph replied Apr 19, 2007
Fed data got released much lower then expectations and once again, bad US data seems to increase USD strength. Still it does make it more likely i think that we'll see a retest of 130 on cable.
- seraph replied Apr 18, 2007
anyone care to take a stab at where this retracement will end?
- Posts by Member Search: 'seraph'