Dollar Heads for Worst Quarter in More Than 2 Years - Bloomberg 27-Dec-Mon Dollar Falls to New Low Against Euro - AP 27-Dec-Mon Dollar to Record Low Vs Euro After Data
Not too many folks looking for a dollar rally! Sentiment is so low towards the dollar it is ripe for a rebound IMHO.
BUT, it has not materialized as yet, been VERY slow in getting going.
A level we should be watching is its deacde low of 80.0 A persuasive break of that support level could bring about additional selling.
Many think it would take either a dollar catastrophy of a bond bomb meaning sharply higher interest rates to derail current equity momentum.
Where have you read in local papers or on BOOB TUBE that troulbe is dead ahead for stock markets?
It is near impossible to calculate when an end of one thing and the start of something else.
We are already beyond some historical extremes.
Duratek
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