USD

    Posted by alseq on 6th of Sep 2011 at 12:18 pm

    Matt/Steve

    Although a tough one, ould you express your views on the usd if closes today where it is at the moment and in particular below 1,4 against the eur

    alseq - I posted a

    Posted by steve on 6th of Sep 2011 at 12:55 pm

    alseq - I posted a couple of charts below on EUO (Euro Short) worth watching. Very difficult to say how this plays out (at least short term) due to the ongoing discussions, etc in Europe. One must be cognizant of intervention in the Forex markets but holding below 1.40 opens the door for further declines.

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