The very important currency pair AUD/USD may be signalling an imminent end of the correction and the start of the year end rally. The top around 1.05-06 may be a very long term one, but for the moment, let's forget all the future austerity programs and chinese inflations.
Wednesday, November 24, 2010
Tuesday, November 9, 2010
Make your choice Neo: red our blue
2 possible midterm scenario: blue and red one. I don't take in account an outcome where Bernanke wins and we get the DGDF (Dollar Goes Down Forever).
I prefer the red one, where the world economy as well as Bernanke's credibility (if there is still any) will be killed by high commodities prices.
I prefer the red one, where the world economy as well as Bernanke's credibility (if there is still any) will be killed by high commodities prices.
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