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- Fx3422271 commented Apr 30, 2014
Looks like BoFA is pretty much telling the masses to do the opposite of what they actually should be doing. haha
- Fx3422271 commented Feb 13, 2014
This news release is not the kind that is strong enough to cause huge rallies. But, the basic point is that so many transactions are done in USD that you can have all kinds of strange effects resulting from US news, especially if you consider that ...
- Fx3422271 commented Feb 13, 2014
You act as if this a contrarian view. The EUR is more of a risk on currency, therefore with good US data it would make sense that EUR could rally. It does not matter which is more valuable, 64% of the world's currency reserves are held in USD vs. ...
- Fx3422271 commented Feb 13, 2014
USD is global reserve currency. Whenever bad news comes out USD gets stronger. It is hard to make bets against the USD. Try other news like GBP, AUD, etc.
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