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- Banker928 commented May 2, 2014
Pull up the dollar index.... The move was broadly dollar driven. The US companies needed to dump usd like crazy (again $112 billion worth of transactions making its way through). The yen just happened to benefit from news that Ukraines military was ...
- Banker928 commented May 2, 2014
Nah man.... This was GE and Phizer (this week announcing bids for acquiring European companies for a total of $112 Billion). Their investment bank was charged with handling the hedging for these transactions pushed through a massive USD dump, taking ...
- Banker928 commented May 2, 2014
Nah.... It will close the week below 1.3870 and will fall next week.
- Banker928 commented May 2, 2014
Errrrr..... And the euro region is doing any better? 12% unemployment rate as a whole? Much less economic growth...? Entire countries needing bailouts...?
- Banker928 commented Apr 22, 2014
Oh yeh.... This one is going to hurt Aussie badly.....
- Banker928 commented Apr 14, 2014
It'll go back down.... Equity market tanking plus US CPI data coming in strong tomorrow will keep pressure on audusd.
- Posts by Member Search: 'Banker928'