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> Michael,
>
> The only possible reason I can think of is The Federal Reserve will be lowering
> the interest rate soon. And now being preempted by the smart money. Look at Yen
> sudden recovery because all its bad news has been discounted,almost no more worse
> news to go for the immediate future, the shorts are starting to cover,be it hedge
> fund
> managers, central bank and the major international banks. Since this move will come
> as a surprise to the markets (public at large). But not the smart money.
>
> Anyway , a lower US rate and currency will be a great helping hand and breathing
> space for all countries in crisis in the world right now and at the same time help
> support US market (and also lower cost of doing business by US companies) too!
> So, this is a very rational decision.
> Felix
> > The US dollar started DOWN in earnest this past two days. Notice the strange
> > strength in the JY. Was it the banks manipulating again or a fundamental
> > shift in the intermediate term world wide sentiment on the US dollar?
> >
> > Every country's currency has been crapping, except America, yet today the
> > USD is dropping. Why is that?
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