USD Liquidation Sale.....
That is my belief, the main culprits seem t be yuan and peso buying by cb's. Every usd denominated pair has been selling off usd's. Comdolls
esp. usdcad should be rising with oil dropping this morning after news, but it is also down. I suspect this is temporary, until exchange rates reach
painful levels for cb"s desperate to keep their currencies somewhat stable.
good luck,
regards
goma
That is my belief, the main culprits seem t be yuan and peso buying by cb's. Every usd denominated pair has been selling off usd's. Comdolls
esp. usdcad should be rising with oil dropping this morning after news, but it is also down. I suspect this is temporary, until exchange rates reach
painful levels for cb"s desperate to keep their currencies somewhat stable.
good luck,
regards
goma